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Dollex Industries.

Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=349
Printed Date: 21/Apr/2025 at 4:07pm


Topic: Dollex Industries.
Posted By: Equity Buff
Subject: Dollex Industries.
Date Posted: 14/Sep/2006 at 6:21pm
Dear Basant,
 
If you could have a look at Dollex Industries which is into manufacturing Ethanol. I do not know much about this company except that I am told they are planning big in Ethanol production.
 
Rgds
Equity Buff
 


Replies:
Posted By: kulman
Date Posted: 14/Sep/2006 at 7:54pm

I do not have my own opinion on Ethanol, because too much depends on Regulators and God knows what happens when there is supply glut.

It appears that one the biggest beneficiaries of this boom would be Machinery suppliers like Praj or Alfa Laval.
 
Here is a take from Warren Buffet on Ethanol:
I don’t know enough to figure out what the return on capital of an ethanol-related investment might be over the next 5 or 10 years. It’s easier to predict how many people will be drinking Coke or eating candy. I don’t know anything about the government regulation of ethanol production and use and how that might change. But I know it’s easy to raise money for ethanol-related investments lately. It’s a hot area. That’s usually not a good sign. My son is the head of the ethanol board for the state of Nebraska. If he starts getting richer than I am, then I’ll be interested. There’s no question interest in ethanol will grow. But agri processing businesses tend to have low returns on capital. I don’t see how you gain a big competitive advantage.
 
 


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Life can only be understood backwards—but it must be lived forwards

Posted By: basant
Date Posted: 14/Sep/2006 at 8:06pm
Great work Buffman! I like these small pearls of wisdom that you seem to leave everywhere on the forum!


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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Posted By: Equity Buff
Date Posted: 14/Sep/2006 at 9:50pm

Dear Kulman,

Fantastic !! You come up with great quotes of Mr. Buffet. Where do you find so many quotes of the great man ?
 
Rgds
Equity Buff
 
 

Posted By: Equity Buff
Date Posted: 14/Sep/2006 at 10:15pm
Dear Kulman,
 
In the above message it should read "Where do you find so many quotes of the great man ?
 
Rgds
Equity Buff 

Posted By: kulman
Date Posted: 14/Sep/2006 at 10:54pm
Well EquityBuff, I got to know about Buffet very late in my life (only 2 years back, I'm 40 now). I wish I could have known about him when I was younger in 20s.
 
Since that time, my whole outlook changed, not only towards investments, but also towards life. For me, he is a legend, God-like figure (by the way, I'm an Atheist). I have highest regard and respect for this gentleman who has donated huge sum recently to the Gates Foundation!
 
Even if we try to adopt few of of his thoughts in everyday life, it will make a profound change for sure. My family members often pull my leg for being such a staunch Buffet fan.
 
Since last 2 years I have been reading whatever I lay hands on about  Buffet: books, articles, references, net sites etc. Most of his teachings and preachings are through witty remarks and anecdotes.
 
I strongly recommend reading his annual reports, letters to shareholders available for free download from his company website: http://www.berkshirehathaway.com - http://www.berkshirehathaway.com  (Look at the simplicity of his webpages design, mind you it is a Multi-Billion Dollar empire)
 
 


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Life can only be understood backwards—but it must be lived forwards

Posted By: Equity Buff
Date Posted: 14/Sep/2006 at 11:14pm
Dear Kulman,
 
Even I have the highest respect and admiration for the great man Mr. Warren Buffet. Not only is he the greatest investor of all time but he is also a great philanthropist. No matter how rich a person is, it takes a heart of platinum studded with diamonds, rubies and pearls to donate the kind of money Mr. Buffet donated to the Gates foundation. Truly a remarkable human being !!
 
Kindly do us a favour and post one quote of Mr. Buffet everyday. This can be started as a seperate topic/section for example "Great Quotes from Great Investors". We can all learn a great deal from these quotes.
 
Warm Regards
Equity Buff

Posted By: Equity Buff
Date Posted: 15/Sep/2006 at 6:20pm
 
Dear Kulman,
 
What do you have to say to my suggestion in my above email ?
 
Rgds
Equity Buff
 

Posted By: kulman
Date Posted: 15/Sep/2006 at 6:24pm
Dear EquityBuff
 
Well, let me try.
 
But it is more appropriate if they are used in the right context. It makes more impact.
 
What do you feel, Basant jee?


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Life can only be understood backwards—but it must be lived forwards

Posted By: basant
Date Posted: 15/Sep/2006 at 6:28pm
I thought about that but then when it comes in the context it makes a greater impact. Just see what is good. This was just an opinion.

-------------
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

Posted By: reetesh
Date Posted: 15/Sep/2006 at 6:40pm
I am learning from KULMANS quotes keeo it up...
 
One quote and only one I liked of Mr. Ramesh Damani I dont know weather this one is his or not..
 
"No mistake(s) done only lesson learnt" I liked it very much and this one is for you MR. Kulman... and come on dont let age be a factor you have long life ahead...
 
Regards,
 
Reetesh.


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When going gets tough, that’s when tough (people) gets going.

Posted By: Equity Buff
Date Posted: 15/Sep/2006 at 6:46pm
Dear Basant / Kulman,
 
I agree with your suggestion.
 
Rgds.

Posted By: kulman
Date Posted: 15/Sep/2006 at 8:13pm
Reetesh jee
 
You asking me "let age not be a factor?"...
 
see what Buffet said when asked: What advice would you give a young person who’s interested in investing?
 
WB: I got started when I was 7. I wasted my life before that.


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Life can only be understood backwards—but it must be lived forwards

Posted By: reetesh
Date Posted: 15/Sep/2006 at 8:20pm
Good one, but its never too late for anything...

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When going gets tough, that’s when tough (people) gets going.

Posted By: BubbleVision
Date Posted: 15/Sep/2006 at 8:30pm
Kulman --- i would like to request you also start a new thread on quotes of Buffet as I seem to miss the pearls which you give us.. if they are on the stocks page as i generally dont go there.
You are also requested to quote him as and when the need arises.
Buffet is also a genius like ED
 
You could Quote Buffet like i do for Ed Seykota.


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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!

Posted By: kulman
Date Posted: 15/Sep/2006 at 8:31pm
Oh yes, its never too late....and somewhere someone wrote in this forum: waqt se pehle aur kismet se jyada.....


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Life can only be understood backwards—but it must be lived forwards

Posted By: reetesh
Date Posted: 15/Sep/2006 at 8:41pm
I was the one who wrote this.....

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When going gets tough, that’s when tough (people) gets going.

Posted By: kulman
Date Posted: 15/Sep/2006 at 8:58pm
Oh, so it was you!
 
That's one of my most favourite lines!
 
One I like the most in Hindi/Urdu is a sheyr from Shakeel Badauni:
 
SAB KARISHMAAT-E-TASAVVUR* HAIN "SHAKEEL"
WARNA AATA HAIN, NA JAATA HAIN KOI !!!
 
By the way, I am a great ghazal fan and worship MEER, GHALIB, SHAKEEL, ZAFAR with the same intensity as Buffet. So, any ghazal fans out there...please get back to me
 
-------------------------------------------------------------------------------------
 
*KARISHMAAT-E-TASAVVUR = wonders of our own imaginations....
 


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Life can only be understood backwards—but it must be lived forwards

Posted By: reetesh
Date Posted: 15/Sep/2006 at 9:05pm
Thanks, I am a big Jagit Singh fan his voice aaha and some what Panjak Udhas..


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When going gets tough, that’s when tough (people) gets going.


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