|Rediff India Abroad Home | All the sections|
'Balmer Lawrie makes sense'
April 05, 2005
vatsal : hello sir i want to ask u bt 2 or 3 companies first is jagtji industries which is a liquar company whats ur view on that and second one is gillate india sir there is a small stake of Mr. radhakrishna daamani in gillate. I heard that Mr. junjunvala ur frnd believe him a guru. so can i buy ggillate at this level for a long term?
Rahul : Sir what are your views on Shriram Transport. The company will give an EPS of Rs 9 in FY 2005 and Rs 12 in FY 06. The stock trades at less than 5 P/E on 2006 earnings? I think it is an excellent proxy for the infrastructure spend in the economy. What are your views sir?
ahmedabadguy : Damaniji do you feel that market may have topped out in the short time frame( 3-4 months)??your views in this regard do carry a lot of weight for us...
ashu : Sir, few days back you said on cnbc that one can buy Mcdowell and UBHoldings at current levels? Can we go for them now?
AmitKumar : I have seen your recommendation of VSNL on this board but the stock seems to be underperforming. Approx what time frame do you see the company bouncing back and start performing-1to2 yrs or even more
Rahul : Sir what are your views on Rajratan Global Wires (Rs 133) and VXL Instruments (46). Is VXL a good turnaround candidate and would you enter at these levels? Please reply
lovelysunny : SIR DO YOU LIKE NET VISION WEB TECHNOLOGIES ?
JOEGRANVILLE4321 : ramesh,what is ur view on mid cap tech in general and for sonata nad aztec in particular?thanks
abracadabra : would yu continue to stay invested in bharat earth movers ltd and would yu add more on declines if an investor like me does not own it
JesseLivermore : Abee info consumables today reported its starting a franchisee shop in hong kong. Isn't it strange for a company to report such a thing when they've barely made a mark in domestic market. It just puts off would be investors due to such gimmicks?
SA : VST ind : I think it deserves second look specially after GFI rocketed last month. its really cheap stock
SingaporeJB : Hello MasterGi,Here is my homework. Company: Calsoft CMP 49Investing Rational: (1) Mcap 22Cr - is in our favour (2) Bookvalue 55 (3) Good Mangement (With financial backing of Chemoil Cor Corporation, US)(4) Presence in more than 10 countries (5) Also involved in product development in most business segment , OBIS, DeRisk, SmarBroker, Market Server, Dr.DMG, DCMS to name a few (6) Recently assessed at CMMI Level 5 (6) Recent 3 acquitions, 100pc WebSpectrum Software Pvt Ltd- 51pc stake of American HealthNet, 51pc stake in Team FrontlineAppreciate your valuable feedback
ahmedabadguy : Sir as you said in the last chat that market will punish the companies who takes upswing in the market to issue more and more equity..How you rate Construction stocks like IVRCl & HCC from this levels...Still a very much hold???
SHCM : Sir, are you still bullish on Nucleus software, its going down??
DamanisFan : Sir ! I really salute yout great conviction.I am following your chat for three years and saw all ppl (INC. me) bugging you with mcdowell which you made ppl buy @35-50 nad its almost seven-bagger and it isnt over yet.Great conviction.Hope to see more of sich picks in future
TINI : sir, dont you think the valuation of gateway distriparks are very high compared to balmer lawrie. balmer is more established & superior then gdl. I think market have not see the valuation of balmer. thnaks
sree : sir i have invested in mounteveret mineral water shares 2500@36 please advice on this scrip
Rahul : Sir also what is your view on Dlink given the growing Broadband revolution in India.
pongo : Sir,do you feel Mount Everest Mineral water is a good buy at todays rates also.On your advice I have bought 1000 shares at Rs 31.00 a week back
TINI : sir, if mallya has to list any ub group company in overseas, what according to you suited the best in mcdowell, ub holding & united breveries and why. please reply. thnaks
SA : UB Holdings : Sir current rate does not even cover Mcdowell part what about other business. Another thing worldwide HOLDINGS / INVESTMENT cos. quote at 70% of Parent co. but in UBH case it is around 30% as combined mcap of UBH should be 1000 crore + + UB City + Kingfisher . Isn't amazing value
kans : Ramesh ji - we do not talk on Indo Matsu - for long ? Do you continue to hold good view on this stock ?
BLAZING : Ramesh, your favorites TISCO and SBI are taking a beating! Do you know of any particular reasons?
sri : Sir, are you still bullish with SWARAJ Engines, it looks attractive pricing now..can we enter at these levels?
gargr : Do you see a lot of Value in Gati, Balmer Lawrie , Aegis & TCI.
sudhir : sir kale has not been performing of late. in 1 of your chats u suggested that they should do rs.5/- this year but the results till date had been poor. your take
SWADIA : IS IS ADVISABLE TO TENDER YOUR SHARES OF CRISIL IN BUY BACK?? OR WAIT FOR OFFER PRICE REVISION.
baracuda : anice article on todays rediff site business section titled this bull run aint over yet his explaination makes sense please read
sanujkadavil : sir hindustan motors please ...... what are your views in it
vvinay : sir,IFCI AT CURRENT PRICES HOLDS PROMISE WITH POSSIBLE MERGER WITH STRONG ENTITY AND INDIA INC GETING IN NEW PROJECT CYCLE AFTER A DECADE CLASSIC TURNAROUND PENNY STOCK YOUR VIEW
Neewbieatstock : Sir Which companies do you think could come in for bidding of united spirits ?
SA : Sir : Is there any multibagger left in your kitty though market has huge run up but then we know its far from over . One by one sectors are giving huge return latest being Construction and Oil exploration cos.
william : Hi Ramesh : Have u taken a look at Mount Shivalik as yet. Also is it worth buying UB holdings level this
TINI : sir, another ub group company mangalore chemicals & fert. is a good turnaround story with new management & new bussiness developments. dont you think it is good to buy & hold for 2-3 years for realising fruitfull profits. thanks
ahmedabadguy : Sir do you think Banco stock will deliver good result for fy 06?any followup on the stock???
SA : MCDOWELL : Would appreciate if you could give idea what should be right valuation for United Spirits . Remember i am not asking what will they get from foreign partners .
Keshav1 : Your views on Linc Pens, Surya Rosni, Blue Star Infotech
vatsal : sir do u believe that tcs is a company that we can leave for our next generation to get good aprisiation like infosys
rajumr : Hello Damani, Which ones do you recommend in animation sector? There has been a lot of news in the sector recently.
deewanji : sir u replies question to those investers who have knowedge of stocks/mkt not the starters
sunder : among gati & balmer lawrie if one has to buy onw which will u recommend bcoz i cant buy both pl. reply
jpj : sir your views on Nestle India and Venky'sAlso to note Nestle india has bought Purina Petcare(worldwide) and venky's has also got into the processed food business for pets.
vatsal : sir what's ur view on vst industires for a long term and sir i have seen recent results of companies but there is no growth so whats reason for buy it just give me one clue plz
sanujkadavil : sir one intteresting question...... sir if we buy a number of very very low priced companies whose shareholding pattern is sound and keep it in our lockers for nxt 5 years .... if ever a company out of our lot of penny companies run ..... we can get back our money we invested in all companies .... what do you say
sureshmakhija : godrej ind has opened new subsidaries in cyprus...can we buy it at current price..??
JesseLivermore : That was the basis of Michael Milken's junk bond approach. Diversified portfolio of junk bonds, if even 1-2 work, portfolio does well. Doesn't always work.
ahmedabadguy : Sir it is very true that timing the market is very difficult...But for trading positions what is your advise in general looking at next few months..
aayush : Sir..Crest results are not so good but and if i have to pick one between CREST & ELXSI..which looks better to you at this prices.
sree : sir iam reading one up on a wall street ,its good ,look for multibaggers rather than big companies u r view
vatsal : Sir u r very respectable person and much old person in Dalal Steet. What r the other people in which u believe have a good sense of market? Mr Raakesh junjunvala and Mr Nimish Shah or any other?
abracadabra : once vastal reads the intelligent investor than she will realise why 300crs is cheap for vst does the co pay any dividend
deewanji : i m having etimes in front of me it is showing pe of ub holding is 930 does it make sense to invest in it
TINI : sir, why you said that balmer lawrie will surprised every one, is there any great thing happening in this counter or market is taking clue from gateway distriparks. thanks
pongo : Sir,I have bought 100 shares of GAIL at Rs 205.Do you feel that I have got a good bargain, with a good scope of appreciation
vatsal : sir thank you very much for ur answers but sir whats ur view on bayer diognostic? plz reply sir
kans : Whan you show your ownership while recommending a stock what do you intend ? is it for disclosure or to instill confidence on the stock ?
JesseLivermore : One very interesting book recently bought, not read, but heavily recommended by John Kenneth Galbraith, is 'Against the Gods', the story of risk. Pls take a look Sir.
RomilSingla : SURYA ROSHNI :- Sales is around 1000 crores and M.cap is just 100 Crores. However the Net Profit Margin is just around 1% (i.e. 10 crores). Do you see any chances of higher margins going forward and hence the stock getting re-rated. What future do you see for their Steel Tubes segment on margins front ??
Madhu : Sir, u r recmonedation On Mcdowels theww years back was just great. We all made huge profits on Mcdowels who ever bought at Rs40. Do u see any other undervalued stock similar to mcdowels at this point of time???
vvinay : SIR,PETER LYNCH IN ONE UP HAS MADE VERY INTERESTING OBSERVATION TO GET FOUR TIMES RETURN ON YOUR CAPITAL YOU HAVE TO FIND SIX IDEAS IF U GET 30 % RETURN AND YOU COMPOUND IT THAT WILL BE YOUR FOUR BAGGER . AVERAGE INVESTOR CAN FIND 30% RETN IDEA
DamanisFan : SIr, the voracious rader you are.You should also hold BOOK chat once a month.
baracuda : can anyone attend your lectures which yu deliver in the bse do yu charge a fee oe does the exchange,graham and dodd used to do the same in columbia varsity back in 1950
RomilSingla : RETAIL :- The indian retail market is currently at 180 BILLION US DOLLARS and it is highly unorganized. Do you think that FDI(or even without FDI) retail will do well in meidum to long term ?? People(specailly young urban community) tend to spend more and tend to save less. Moreover the median age of people in India is 24 as compared to 30 in USA and 36 In China. Do not you think that RETAIL(Specailly the integrated Retail which even have Shopping malls to Mutliplex inside the same complex) would do well ?? Any picks in this sector ???
mspc : Is UB coming with a second open offer?
sureshmakhija : sir pls let me know abt ici india ...promoters hold 50% ...asian paints has bgt 9 % at rs 200.. 40 cr share capital 500 cr reserves co gives 100% dividend..pls pls let me know...pls have a look at it..?? gail and ici both trade same levels which is better...??
AmitKumar : Damani Sir, Don't know if you track Subex systems.PE expected 04-05 will be around 14-15. Just bagged a large order from South African operator for its fraud manage product.....your views.
bhu : SIR PLEASE REPLY What are the prospects of AMex Information technology? It has good EPS but the stock does not seem to move.
SA : MEDIA : Do u think when FDI is allowed this sector has potential to give multibagger return. Which one looks best in this parameter
sureshmakhija2 : sir ji good evening everybody is now pessimist about india clsa is saying that market will go down to 5900 and abn amro yeterday say that its starting of long bear market from next quarter and recently mark faber was also saying that he is not bullish in long term for emerging markets sir is it really market is heading for bear run or the indias growth srory is still their plzzz comment