The Multibagger portfolio
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=75
Printed Date: 27/Apr/2024 at 10:53am
Topic: The Multibagger portfolio
Posted By: basant
Subject: The Multibagger portfolio
Date Posted: 26/Jul/2006 at 5:16pm
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Hi Guys,
I am trying to gather a lot of data in order to prepare a multibagger portfolio. The rules are simple. Each participant gets to put in a maximum of 5 stock. Merely putting in names is not sufficient. It is better if each of these names are substantiated by at least a couple of lines on the company's activities and business processes.If you do not ahve the fundamental factorsd you may make a case on busienss processes also.
As we go along other members could contribute to ideas or ask for explanation from the person who innitiated a buy on each stock.Please put in the current market price at the time of filling in with your views.
My ideas are:
Pantaloon Retail (CMP Rs 1125): The leader in the organized retail space is expected to grow at 70%+ over the next 4 years. The company has already demonstrated its ability to set up newer formats. In fy 2007 Pantaloon Retail sghould do asale of Rs 4000 crores with an EPS of Rs 56. At a price of Rs 1125 the stock is dicounted by around 20 times current year. At a market cap of Rs 3000 crores it makes sense to load on.
TV 18 (CMP Rs 617)- The leader in the dmedia sector Tv 18 will benefit tremendously once CAS (Conditional Access System) is innitiated the stock will see no stopping. Read the recent report posted on the forum at:
http://www.theequitydesk.com/forum/forum_posts.asp?TID=29 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=29
TV 18 is a media cum internet play.With increasing broadband penetration internet busineses will be in demand and by 12008 Internet shall contribute to about 20% of Tv 18's consolidated revenue.
So Guys fill in with your ideas and let us see how best we can make of it!!! ------------- '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 |
Replies:
Posted By: Vivek Sukhani
Date Posted: 26/Jul/2006 at 6:45pm
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Dear All,
My 5 picks will be:
1.Varun Shipping
2.Great Eastern Shipping
3.Pidilite Industries
4.BASF India
5.Foseco India
I dont think I need to throw much light on them. they are unusual but familiar names.
Regards,
Vivek
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Posted By: sajanvm
Date Posted: 27/Jul/2006 at 12:25pm
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I would like to add 2 stock ideas that I think have the potential to be multi baggers and offer a decent margin of safety at current levels 1) Balaji Telefilms. At about 100 bucks/share, you are really only paying 75 since the company has around 25 in cash. Stripped off cash, company quotes at a very low trailing PE of 8.5 This is very cheap for the premier content provider to many channels like Star. Everyone talks about CAS benefiting broadcasters, but I think it should rub off on content providers also. Company has desrisked its model since the bulk of its programs are commisioned programs (as opposed to sponsored). There is also the value of its software library which is never factored in (for re-runs etc). 2) JB Chemicals - A glance at its 5 year performance will be very revealing. Its annual report reveals that 95% of its business is from formulation sales (not bulk drugs). Why should it then trade at commodity valuations with a trailing 10 PE ? It has built an excellent brand in Russia - Doktor Mom which has been awarded Superbrand status. and has licensed the same to Ranbaxy for other countries in Eastern Europe. In addition, the company is debt free and is available at 3% dividend yield.
------------- Sajan |
Posted By: sajanvm
Date Posted: 27/Jul/2006 at 12:29pm
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Vivek Could you outline your investment case for BASF & Foseco briefly ? On Pidilite - I have always viewed this as a steady compounder than a multi bagger since valuations are not exactly cheap at this point. It is one of my favourites and have held it for a long time . ------------- Sajan |
Posted By: The Lord
Date Posted: 27/Jul/2006 at 12:44pm
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you talked about pantaloon retail yesterday and today it increased abt rs160/- and is at a current level of 1280 and yesterday it was 1120 i'm impressed and bemused as to why idid'nt bought it yesterday ------------- wining is not everything, for me it is the only thing |
Posted By: basant
Date Posted: 27/Jul/2006 at 12:51pm
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Dear Student,
In the short term we can only be lucky to make money like that I do not think that any one knew how Pantaloon Retail would behave today and any one who says he did, is not telling you the truth.
My premise was on a 2 - 3 year view and in the meantime it can fall by Rs 160 also who knows. the idea is to keep the terminal value in mind and stick with your conviction.
Any way thank you for your kind words! ------------- '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: Vivek Sukhani
Date Posted: 27/Jul/2006 at 5:42pm
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BASF has been a consistenet performer for last 10 years. I am very bullish on BASF simply because of its capex plans last year. these MNCs are far more objective when it comes to pressing ahead with capital expenditure. Also, this is one MNC among very few, who are balanced in their dividend pay-out policy which ensures good availability of internal accruals and alaso shareholder valye creation. Also, with plastics likely to see tremendous increase in consumption, such chemical intermediaries are likely beneficiaries.
As far as Foseco goes, I am bullish simply because I see a huge demand for metallurgical chemicals in the coming years, seeing the way steel and other metal companies are coming up. Also, this company has lovely policies in place. It has an excellent corporate governance.
Regards,
Vivek
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Posted By: Vivek Sukhani
Date Posted: 27/Jul/2006 at 5:56pm
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I know MNCs are out of favour at this moment, but then we as findamental investors must noy worry about that in the short term. The markets will take time to recognise value, and it should be given that much time. As far as Pentaloon goes, I would like to ask Mr. Basant if he has any target, or is forever a hold. I need to clarify here, most of the companies I have listed above are forever a hold for me.
Regards, Vivek
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Posted By: Vivek Sukhani
Date Posted: 27/Jul/2006 at 6:05pm
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I liked JB Chemicals. In this space I also like Orchid Chemicals, granules India and Albert david.I like Pidilite because I see a clear-cut case for a bonus in the next 2 years.Also, the kind of aquisitions it os making golbally also makes me confident about Pidilite. Its performance on Abby's has also been great...has an excellent promotional campaign, most of us will have fevicol ad as one our top pick ads.
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Posted By: basant
Date Posted: 27/Jul/2006 at 6:12pm
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Hi Vivek
Each company is a buy/hold or sell at a particular price. The real test for Pantaloon is up ahead and if they manage to execute it the way they have been doing over the past 3 years then surely it is an all time hold But for the time being I would just say that the oppurtunity is huge, the managemnt has delivered in the past and I do not have any reason except the subjective fear of RIL getting into retailing that suggests Pantalooon not to be an all time hold. One could categorise only leaders in mature businesses as all time holds while emrging companies in new sectors cannot be categorised in such fashion and need to be evaluated very carefully as the risks are high but so are the rewards. ------------- '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: Vivek Sukhani
Date Posted: 27/Jul/2006 at 6:21pm
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excellent evaluation. You know my biggest fear for the 2 companies you enlisted is the barriers to entry are relatively less. that makes me lil bit caitious. Also, as far ENIL goes, what will be the impact of world atellite radio, is something I would like to see.
reagrds, vivek
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Posted By: basant
Date Posted: 27/Jul/2006 at 6:42pm
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The brand that CNBC has manged to create is phenomenal. You know I find the converstaion at NDTV Profit and Times now more interesting compared to CNBC but the latter delivers on a more consistent basis. these guys have lined with the best in the world CNN and CNBC - never ever have thse two international companies come together on a common platform. My personal expeerience through the discussions that I keep having with Mr Hareesh chawla , CEO Tv 18 and an IIT / IIM alumni tells me that the man is very much capapble of creatiung shareholder value.
I have experienced a very simple yet effective way of comparing companies and I am sure if you look around there would not be too much of a let down if you use this formula. For professionally (does not mean family run even though the owners could be qualified) run companies if the top management is from IIM and IIT then half of your worries are over - obviously you will have to analyse the company from other parameters as well but you will not find many company that has an IIM and IIT at the top.
Both these companies are run by IIT/IIM grads but Pantallon does suffer from the family run drawback even though Biyani is trying to create a prof team.
In retail the story is huge so one company cannot put down another it is only a company's management style that can bring it down. I always say that Wal Mart could not capture more then 10% of teh US retail market so we can have another couple of reliances' and that would not be a worry as much as the company's own doing.
ANd entry barriers should never be an issue what barriers to entry did you have in software, cement, steel, shipping - practically nothing but companies did go up and many did come down More often then not it is the monopolies that are mismanaged look at the pSU units in the 1980's and look at the same units now ------------- '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: Vivek Sukhani
Date Posted: 27/Jul/2006 at 8:12pm
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By entry barrier, I mean there should be an exclusive advantage. Also, I count oligopoly in the same space as a monopoly.for me, Pidilite is a monoply even though there are many players in that space... Vam Organics(jubilant), Nikhil adhesives etc. Brand itself is a big entry barrier. However, I do agree monopoly if not managed well, becomes a mis-managed entity.You know this year, I made the biggest gain with a company which is so less talked about, yet has been very rewarding to me.This company is Opto Circuits. I see the same potenial in Porritts and Spencer Asia. An exclusive player in a niche segment. They are not talked about, a quality which I tremendously admire.
Entry Barriers I beleive are important. there are many paints cos. in India, but then does any one have the brand equity of Asian?For me, Asian is a monopoly.I may be wrong in my choice of word, but I think I am making myself clear.
Regards,
Vivek
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Posted By: s_praharaj
Date Posted: 30/Sep/2006 at 10:11pm
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Thanx for initiating the discussion on multibaggers. I read somewhere that to identify a multibagger is like identifying Madhuri Dixit in her teens. I have also a small list of potential multi baggers.
1. TTML - Tata Mgmt, Sector having a lot of potential, cheap
2. Yes Bank - Experienced promoter, professional banking in most profitable sector of banking.
3. Orchid Chemicals - Consistent performance, far sighted and experienced promoters.
4. TV-18 - Agreed with Basant's view point.
I would like to have the views of our forum members.
Shashi Praharaj
Mumbai ------------- Shashi Praharaj |
Posted By: Ajith
Date Posted: 30/Sep/2006 at 10:47pm
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Orchid Chemicals promoter K Raghavendra Rao is an IIM Ahmedabad man -a real practical genius with a very high IQ.The company ought to do well but I simply cant understand pharma companies.
------------- Ajith |
Posted By: Ajith
Date Posted: 30/Sep/2006 at 11:05pm
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I agree entirely with the selections of Mr.Basant.
My choices of potential multibaggers are-
1.Rayban Sun Optics-cash rich,phenomenal brand value products-Rayban,Chanel,Prada,Polo Ralph Lauren etc,favourable fashion trends,spread of broadband and concomitant online shopping,rising disposable incomes,modern retail formats.A long-term story.Quarterly results could get affected by spikes in advertisement expenditure till sales spurt to offset.
2.Nilkamal Plastics-Equity to turnover ratio will be phenomenal.The loss-making at home division is already a hit .
3.Honeywell Automation -huge order backlog a play on the infrastructure and real estate sector.
Technology stocks Aztec Software and Moschip Semiconductors which I hold with personal conviction but these are risky bets. ------------- Ajith |
Posted By: basant
Date Posted: 01/Oct/2006 at 1:01pm
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I have put down my choice of the multibagger portfolio in the section http://www.theequitydesk.com/forum/forum_posts.asp?TID=429 - The Equity Desk XI vs. The Indian Cricket XI ------------- '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: catcall
Date Posted: 01/Oct/2006 at 11:10am
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My best picks would be as below: 1) BHEL 2)Suzlon 3)Havell'sIndia
4)Patel Engg
5)L&T
The above stocks have been recommended due to the following reasons:
a)Clear Growth Visibility
b)Leadership in their areas
c)Part monopoly is thier own spheres (e.g.Patel Engg has mpnopoly is the sphere of micro tunneling in Inda)
d) Sector itself is likely to outperform the indix in the long run.
Meanwhile on TV 18, the comany directors including it's CFO has sold 1.25 lac shares in the open market. should one reac something into it?
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Posted By: manishdave
Date Posted: 02/Oct/2006 at 10:26am
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I would bet on Taneja. Industry is growing fast and this company is in several segments. It is partner with HAL in some projects.
Airbus/Boeing have obligation to buy aero components from India aginst their sale. This ensures growth of composit components. There are not lot many players so few of them will share the benifit.
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Posted By: investor
Date Posted: 03/Oct/2006 at 12:04pm
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catcall, do you think suzlon can be a multibagger even from current levels? |
Posted By: basant
Date Posted: 03/Oct/2006 at 12:54pm
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While I am not too sure of a ten bagger in http://www.theequitydesk.com/forum/forum_posts.asp?TID=233 - |
Posted By: kishan
Date Posted: 03/Oct/2006 at 12:58pm
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My Multibagger list would be ->
1) Aptech - Has been down for a while but turn around has been happening in past few quarter. Used its cash accumulates to buy a company. Its been rated as No.1 in chinese educatational system. If it does a foray into education like Educomp, this would be an instant hit. Top managment consists of RJ & his team, Ramesh S Damani,..
2) TTML - comments already provided. Beaten down stock yet to see turn around but with huge management BRAND, it will do good.
3) PRAJ - In Ethanol. Has been one of the core of portfolios of RJ. He recently added the same due to interest generated by Vinodh Khosla, VC and founder of Sun. Government of India allowing Ethanol blending in petrol is a good sign for companies like PRAJ.
(Do let me know if there are any similar stocks running on Ethanol's future).
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Posted By: catcall
Date Posted: 09/Oct/2006 at 10:12pm
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Dear Investor,
Yes, i do think that suzlon can be a multibagger even at these levels. for one thing, there is a heavy order book position, indicating greak top line visiblilty. the low cost of manufacturing adds to the bottom line. The company is at present the thrid in terms of market capitalsiaton. While the tremors in oil prices maynot affect indian companies so much due to subsidies, the western world and Japan is hell bend on decreasing thier oil consumption thru alt. fuel sourcing and this business in which suzlon is developing a niche for itself is not likely to die down in a hurry. the company is going in for backward integration, into gearbox technology and integrated high efficiency blade design from europe, which will be a great help to the companys fortune in the long run.
so though the script may seem overvalued on an FY07 basis, it seems to fulfil all the criteria of a multibagger and the higher PE would seem justified.
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Posted By: investor
Date Posted: 09/Oct/2006 at 9:15am
| thanks catcall, i do have it on my watchlist and planning to buy on dips. |
Posted By: catcall
Date Posted: 10/Oct/2006 at 9:00pm
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Suzlon saw a lot of fund buying in today's trade which saw the script shoot up. unless the entire market corrects, due to overall poor quarterly results it is unlikely that we shall see much lower levels on this counter.
Meanwhile i suggest u also add havells to your watch list, which is another script in my multibagger list. the comany has delivered in much more diffficult times and on a consistent basis. now with the heavy energy requirement,this sector is booming .The company has an overflowing order book and should end up as a multibagger simply on these grounds
Happy investing!
 |
Posted By: investor
Date Posted: 10/Oct/2006 at 9:04am
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catcall/Basant, Would you mmind putting up some numbers on Havell, so that we could analyze it? Thanks. |
Posted By: basant
Date Posted: 10/Oct/2006 at 9:23am
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We have discussed http://www.theequitydesk.com/forum/forum_posts.asp?TID=242 - |
Posted By: BULLSEYE
Date Posted: 16/Feb/2007 at 1:10am
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what i think
1. BIOCON 4r discovering cancer drug n is in final phase of clinical trials 4r oral insulin.
2 . ACTION COUNSTRUCTION EQUIPMENTS having 50% indian mkt share
3. PVR it is already discussed
4.ROYAL ORCHID HOTELS
5. PUNJLLYOD
this ismy list 4r multibaggers
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Posted By: Mohan
Date Posted: 16/Feb/2007 at 8:07am
I will go ahead with my choice. Its a High risk- High reward theme
1. Pantaloon. Although now its 6000 crore mkt cap. high risk/high gain.
2. Reliance industries. Apparently its the biggest threat to Pantaloon.
I read somewhere that Mukesh Ambani has a warchest of Rs 8000 cr to spend on Reliance retail. Hopefully a possible spin-off story here.
3. Idea Cellular. I have a lot of faith in KM Birla. I think this will be in the top 3 in Cellular business. Alternative can be Bharti or Rel Comm
4. DCB. I have a lot of faith in the management. If Nasser goes, then I'm out. Alternative can be HDFC Bank.
5 TV 18 This one I'm going with Basantji's call. Alternative can be ENIL.
Actually I am really betting on the promoters/management to come thru as my picks are not necessarily leaders in the market that they are in, except maybe Reliance which is in more than one market.
I can choose the alternative to lower my risk I think.
Guys, Any feedback.
------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: Mohan
Date Posted: 06/Mar/2007 at 4:53am
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Updated list is Idea Cellular
Network 18
Zee News
DCB
Pantaloon ------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: tigershark
Date Posted: 07/Mar/2007 at 12:48pm
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would modify a little and remove idea and add bharti would remove dcb and add hdfc bank the rest looks good why no tech co?patience and decreasing interest rates will be the key to multibagger portfolio ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: Mohan
Date Posted: 07/Mar/2007 at 10:19pm
No IT, as Basantji mentioned Stay away from BCCI ------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: kichuk2k
Date Posted: 07/Apr/2007 at 3:40pm
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dear mr basnat if u could throw a light , when one suggesting a company what all points they have to mention..like managment, industry stream, roe ,pe etc etc..this will help ppl to look and try to learn more about a company... want some thing like what all things one need to check while suggest a company ... |
Posted By: basant
Date Posted: 07/Apr/2007 at 3:47pm
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I get your point but all of us have different strategies I pay more attention to business and managment and less to EPS/PE that is because once you have identified the former the latter always follows and it is only when you can buy something that does not look obvious to many that there is a possibility of making a big gain.
I have elaborately discussed my investing strategy in this thread:
http://www.theequitydesk.com/forum/forum_posts.asp?TID=177 - http://www.theequitydesk.com/forum/forum_posts.asp?TID=177
------------- '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: xbox
Date Posted: 07/Apr/2007 at 3:54pm
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A multibagger portfolio warrants conviction <<not stubborns>>and to make subject complex, there is little difference in both and so experience comes handy. I mind for sector & promoter (if available). Rest are stories.... ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: kichuk2k
Date Posted: 07/Apr/2007 at 4:01pm
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thanx ..will do a detailed reading and will come up with couple of scrips with detailed report.. KRishna |
Posted By: smartcat
Date Posted: 29/May/2007 at 1:04pm
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What is the TED position on real estate stocks like Unitech? Do we have any old threads on this topic?
How does one do a fundamental analysis of a stock like Unitech? Other than the management and those with insider information, I don't think anybody else knows the value of the 'land bank'.
Trailing 12 month PE also doesn't seem to be a good metric when companies like Unitech increases profits from 120 crores to 1300 crores.
Can Unitech and DLF (when it gets listed) be a multi-bagger?
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Posted By: go4lalit
Date Posted: 29/May/2007 at 2:35pm
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Unitech & DLF are having huge market caps. I do not see them being multibagger from here. Might appreciate little bit in the short term. Very soon we will have one thread in TED "How we missed Unitech"...... |
Posted By: basant
Date Posted: 29/May/2007 at 2:59pm
Why don't you start that thread? May be it could enlighten all of us including me!!! ------------- '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: smartcat
Date Posted: 29/May/2007 at 3:07pm
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Just saw DLF chief's interview on CNBC. Though they didn't make any projections, there was a small snippet of info - FY08 expected revenues Rs. 12,000 crores, Net profits Rs. 6,000 crores.
Net profit margins of 50% seems amazing. EBIDTA margins are expected to be 60%. Don't these guys pay taxes?
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Posted By: investor
Date Posted: 29/May/2007 at 3:27pm
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Real estate is one of biggest un-organized sectors in India. Very risky investing into it.
------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: monu_duggad
Date Posted: 29/May/2007 at 8:19pm
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But risk is worth the return........from 336 in march lows to 615..almost 80 % return for unitech...
Infact i also made a mistake...had bought unitech at 277...sold at 480 last week (i was oversmart....thought since DLf ipo is in the pipeline,operators are jacking up the prices of real estate companies to get good response for dlp ipo...and i "Sold on rally")...and trust me i felt market was waiting for me to sell..cos after that it zoomed up to 550 in 2 days :-))..... ------------- If you think you can,You Can |
Posted By: investor
Date Posted: 29/May/2007 at 9:53am
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You do have a point - i guess it all depends on the risk appetite of the induvidual investor. What i'm referring to is this - nobody, not even the biggest analysts - have a clue as to how to value land banks, etc. So how to say if a real estate stock at a particular price is cheap or overvalued? And the other point which smartcat mentioned should also be considered - 50% margins - Is that realistic? If it was possible, wouldnt everyone from the Ambani brothers to Tata's be jumping into this sector!! ------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: us121
Date Posted: 22/Sep/2007 at 8:02am
REMEMBER: DIFFERENCE OF OPINION MAKES THE MARKET ------------- ABILITY will get u at d top. CHARACTER will retain u at d top |
Posted By: prosperity
Date Posted: 23/Sep/2007 at 12:27pm
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Basantji, ALL,
I can stick to a fundamentally good stock for 4 years ... infact i have already done that before also ....
WHAT I WANT TO KNOW IS ... IS THERE A PANTALOON TODAY which would grow 80 times in next 4 years ?
The Pantaloon today which quotes at 550 would NOT give the same kind of returns .. I am searching for a similiar kind of stock which resembles what potential PANTALOON had 4 years back .... !!!!
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Posted By: Mohan
Date Posted: 23/Sep/2007 at 12:48pm
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Basantji, ALL,
I can stick to a fundamentally good stock for 4 years ... infact i have already done that before also ....
WHAT I WANT TO KNOW IS ... IS THERE A PANTALOON TODAY which would grow 80 times in next 4 years ?
The Pantaloon today which quotes at 550 would NOT give the same kind of returns .. I am searching for a similiar kind of stock which resembles what potential PANTALOON had 4 years back .... !!!!
------------------------------------------------------------------------------------------------- Prosperity,So is everyone else over here. Let us all know when you find it. ------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: smartcat
Date Posted: 23/Sep/2007 at 1:00pm
When the brokerages give a target price, they are not trying to say that you need to sell at that price. What they are saying is, after XX months, the stock price could reach the target price.
If you are depending on brokerage reports, then you need to hold on to the stock till they give a SELL, REDUCE or UNDERWEIGHT call (which rarely comes, I might add).
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Posted By: smartcat
Date Posted: 23/Sep/2007 at 1:32pm
The problem is - even if somebody tells you that a particular stock has a potential to be a multi-bagger, the devil inside you will shoot down the stock idea. An 80-bagger stock most probably won't look like an attractive business/company right now.
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Posted By: prosperity
Date Posted: 23/Sep/2007 at 3:20pm
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You may not believe, but i have killed that devil inside me long back ...
I have sat over a 20 bagger - and it took 3 years .. i still hold it !
I bought one fundamentally good stock the same time when Basantji bought Pantaloons - that has been a 5 bagger and brokerages have uncovered it now and now they have started shouting that it still has lot of value left !
But i had got a 5 bagger and not 80 bagger in these 5 years !
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Posted By: PKB2000
Date Posted: 23/Sep/2007 at 6:33pm
Praharaj Ji is TTML still teen to take? Or people like us should better go for some other mature one like Rel COM! TATA INDICOM and TTML are they coming closer to each other? if so then I will go again with TTML ( I lost money in 2005 in TTML) to recover my old loss! How TCS is maintaining TTML?
Note: I do not marry nor divorce any stock! ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: Mohan
Date Posted: 23/Sep/2007 at 10:37pm
Prosperityji, A five bagger is better than a no bagger. Congratulations. Feel free to share What led you to it before the brokerages and more importantly keep it ? ------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: s_praharaj
Date Posted: 24/Sep/2007 at 2:09pm
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PKB2000, I am still bullish in TTML, As per my calculation it should reach 50 by this year financial end. Then it will merge with TTSL and VSNL and together they will be another force to reckon with. Reliance, Tata, Bharti and Idea will be the major telecom players. I am still holding it. I was never mentioning this in the forum, because TTML, was considered to be a underperformer by all the recommending houses and individual analysts. About Orchid also, I was bullish that time. Though management and industry is good, I realised later that Pharma is considered more or less as a commodity in India. It will go up, only when the cycle will come. So, I exited completely from Orchid. ------------- Shashi Praharaj |
Posted By: PKB2000
Date Posted: 24/Sep/2007 at 5:27pm
TTML: The way it is moving, either year financial end should be reduced to end of this month to reach 50 or one need to add at least 1 before 50 if he waits till the end of this financial year! Stunning indeed! ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: sushil
Date Posted: 25/Sep/2007 at 8:46pm
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TTML is one of the few stocks that I also hold and like to moniter. The best time to buy this stock was last year when it was hovering below 20. Downside risk was very low at that time. I would never buy it at current price as Risk/Reward does not seems to be in my favor. At the same moment I have no plan to sell my holding either. Wondering why we have a tendancy to look at the stocks that are making new highs and rather miss the opportunity on the good companys that are reeling with some bad news. ------------- Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company. |
Posted By: PKB2000
Date Posted: 25/Sep/2007 at 8:57pm
Curious to learn a few other examples from you -good organisations that are reeling with some bad news (except IT sectors) ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: sushil
Date Posted: 25/Sep/2007 at 9:33pm
|
It's funny that you said IT sector because some of them started offering good value. The other neglected sector is sugar. Everybody knows about it but nobody want to invest e.g Balrampur Chini that has moved up recently, at around 60 offer very good value and risk/reward is in our favor. This is a cyclic business and we need lots of patient and go through pain to get good gains. ------------- Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company. |
Posted By: kumarrvq
Date Posted: 25/Sep/2007 at 9:33pm
|
Then it will merge with TTSL and VSNL and together they will be another force to reckon with.
------------------------
Dear PKB2000,
Merger of TTML with TTSL and VSNL is around from long time and just relying on such news whose implmentation are not under our control i.e when it will happen and what will be merger ratios etc will decide the fate of TTML. It is neither a leader of the sector or not even fast growing company, though I agree that its fundamentals has improved in recent past. ------------- Thanks & Regards, Harry |
Posted By: PKB2000
Date Posted: 26/Sep/2007 at 5:18pm
MY FIRST PURPOSE WAS TO RECOVER MY LOSS OF THE YEAR 2005 IN THIS SCRIPT.
And it is successful. But I wish to go long (with some quantity- the mobile sector is too much crowded as I feel) not because of MERGER WITH TTSL or because of additional tower valuation etc. but because of I really find pleasure to take one stock of TATA GROUP- If it is not TCS, let it be with TTML. ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: gcpradhan1
Date Posted: 26/Sep/2007 at 7:38pm
|
Dear Basant Jee, I want to suggest Bharat Forge as a potential multibagger in the long run. It fulfill few of the criterion as pointed by you. 1- It is the market leader in the casting and forging business and as far I remember, it is the 2nd largest company in that business in the world. In last few years it has done few overseas acquisitions increasing the scale of business and global presence. 2- The management has done very good job so far under B.N. Kalyani and he is a good manager. Few year back in an interview on CNBC TV18, Kalyani was saying that he has a dream of making his company world no 1. 3- The company is growing consistently since last few years without any exceptions and the profit margin is also growing consistently. But, one important fact that it is a commodity based company and may fluctuate as per demand. Please provide your comments. Others members can also give some input if anybody has any info. |
Posted By: Vivek Sukhani
Date Posted: 26/Sep/2007 at 7:43pm
| Its a wonder stock, Bharat Forge . But, I doubt, whether it should be classified as a multi bagger. I rate Baba Kalyani in the league of Deepak Parekh. Both he as well as his son are doing great job for the company. They are likely to do well but the business is terribly competitive. It all depends upon how the company does overseas as domestic market has little room for margin expansion. |
Posted By: PKB2000
Date Posted: 26/Sep/2007 at 7:57pm
Until an unless some operators are playing (or the management is eager to increase its price) in this stock it is very difficult to make money.
1) The price movement is not satisfactory so far. (This was among the fast few stocks that I picked since end 2004 along with Infosys and studied for eight months) Do not know much of repute about the intention of the company for giving the value to the stock holder. (Since 2004 it is the market leader in India in its area and since then the company is always very fond of picking companies across the globe.)
2) The forging units are very susceptible to commodity price / energy cost and high overhead etc. (Probably the most ancient technology of human beings are still followed in this type of manufaturing process.)
May be now the time is changed. Today I heard from its top management to comment on some money matter related to RBI etc along with Mr. Devasthali (LNT). in TV18. So far I remember this is the second time the management voice is heard at TV18. ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: PKB2000
Date Posted: 26/Sep/2007 at 9:00pm
No I do not need to go for pain to good gain in stock market. especially investing in sugar and I think even our Sugar minister do not invest in Sugar!
 I have HTMT GLOB / HTMT FIN for long time with me and I am comfortable with that so I do not need any TIPS on Technology especially from you and now for anything. ------------- I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso |
Posted By: sushil
Date Posted: 26/Sep/2007 at 9:17pm
|
Originally posted by PKB2000
No I do not need to go for pain to good gain in stock market. especially investing in sugar and I think even our Sugar minister do not invest in Sugar!
----------------------------------------------------------------------------------------------
I know nobody want to invest and that's why I am interested in these companies
 ---------------------------------------- Originally posted by PKB2000I have HTMT GLOB / HTMT FIN for long time with me and I am comfortable with that so I do not need any TIPS on Technology especially from you and now for anything.
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Good luck with your long term holdings. Sorry of not being of much help  ------------- Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company. |
Posted By: basant
Date Posted: 26/Sep/2007 at 9:33pm
|
Bharat Forge is a good company but with a majority of its revenues coming in the "green" currency markets would not like to discount this business very high.
Baba Kalyani is an extraordinary enterpreneur. Bharat Forge was one of the forerunners of this bull run in the early part of this decade. ------------- '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: sunlight
Date Posted: 26/Sep/2007 at 10:17pm
|
Basantji/Senior members,
Any coverage on Kirloskar Bros? Searched in the forum and could not find anything. Seems like a pump company but diversying into other areas. Company seems to be in acquiring mode and has acquired Aban Constructions Private ltd, Kolhapur Steel Ltd , Gondwana Engineers Private Limited.
CMP at 496. P/E at 35 compared to P/E of 20 of KSB pumps (market leader).
EPS is low at 14
any ideas?
|
Posted By: basant
Date Posted: 26/Sep/2007 at 10:18pm
|
No idea. ------------- '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: kulman
Date Posted: 26/Sep/2007 at 11:23pm
|
Any coverage on Kirloskar Bros?
------------------------------------------------
Sunlight....they're into interesting areas....water supply projects, lift irrigation projects and pumps for process industry, power plants, agriculture etc.
The current valuation looks over-stretched compared to peer group. The general impression is that these promoters have not been wealth creators for shareholders. Lately however they have taken some positive steps.
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: stockaddict
Date Posted: 27/Sep/2007 at 2:15pm
| I want to know about Punjlloyd. So many analysts on CNBC are raving about the order book size of 16000 crores (around 3-4X current sales), being able to bid for large projects and moving in to big league after L&T. Valuation seems to be not too over the top at 38 considering the growth prosepects. Recently they have taken a share in Pipav shipyard and there is tal of listing that company. I am inviting senior members to comment whether this fits in to TED mulibagger parameters. |
Posted By: xbox
Date Posted: 27/Sep/2007 at 2:25pm
| I never liked order-book theory, other members should help you. |
Posted By: ashishbarot
Date Posted: 27/Sep/2007 at 2:29pm
|
Just one question to basant sir, why we dont have BHEL in our equity desk XI team.
The country’s largest power equipment manufacturing firm - Bharat Heavy Electricals (Bhel) - has won a Rs 765 crore turnkey order from steel major Steel Authority of India (SAIL) for setting up a 62.2 MW captive power plant in Burnpur, West Bengal. The plant will meet the power requirement of SAIL’s expansion plan of IISCO Steel plant at Burnpur. This is one of the largest-value single orders secured by the government-owned Bhel’s industry sector business segment. Its order book now stands at Rs 65,000 crore. Bhel's scope of work in the project envisages design, engineering, manufacture, supply, erection and commissioning of the captive power plant, in addition to complete civil works. The project is expected to be commissioned within 29 months. Interestingly, Bhel is yet to secure orders for the 800MW super-critical technology, though according to company officials, it has been ready with the technology for the past three years. Tata Power, which bagged the 4,000MW Mundra ultra mega power project in Gujarat, placed orders on Japan's Toshiba for 800MW steam turbine-generators and on Korean firm Doosan for 800MW boilers. ------------- You do not require an invitation to make profits. |
Posted By: basant
Date Posted: 27/Sep/2007 at 2:29pm
|
http://www.theequitydesk.com/forum/forum_posts.asp?TID=1131 - PUNJ LLOYD: Another L&T in the making? ------------- '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: ravi1967
Date Posted: 13/Dec/2007 at 12:04pm
|
is there a thread on GIPCL? See Neyveli .GIPCL is as good as Neyveli and has captive Lignite mines and power plant.Govt. of Guj. is the main promoter through other comapnies.Has risen from 60 odd to this level and is consolidating. |
Posted By: shivkumar
Date Posted: 13/Dec/2007 at 12:58pm
i like this scrip as a good long term investment. they are getting good orders from government organizations. though payments will be late state govts will not default. there are other pluses as well |
Posted By: vfrg
Date Posted: 14/Dec/2007 at 12:27pm
|
Hi All,
Could you please let me know which site has most accurate technical details about the company. I am looking for data like PE, EPS etc.
Some times, i see lot of variation beween moneycontrol and rediff.
Any help or reference would be highly appreciated.
Thanks.
Venkat
|
Posted By: basant
Date Posted: 14/Dec/2007 at 12:50pm
|
Unfortunately none bse is good but does not show consolidated results better to look at company site only. ------------- '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: omshivaya
Date Posted: 14/Dec/2007 at 12:57pm
|
Has anyone tried, http://investing.businessweek.com - http://investing.businessweek.com ? It has upto the last quarter EPS etc. I think. ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: kulman
Date Posted: 15/Dec/2007 at 2:02pm
|
This was suggested by Basant jee earlier & is okay: http://idbipaisabuilder.cmlinks.com - http://idbipaisabuilder.cmlinks.com
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: Mohan
Date Posted: 15/Dec/2007 at 11:25pm
|
Kulmanji, Do you mean the site ? ------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: us121
Date Posted: 15/Dec/2007 at 8:55am
i generally use moneypore.com http://www.moneypore.com/ in this site placing the name of the company on home page under 'get quote' gives whole lot of good info including quarterly results, news, balace sheet, ratios,holdings,price chart, closing prices...and almost every thing we look for. Get Quote! < name="t_searchstr" size="7" ="text"> < name="c_criteria" value="C" =""> < name="c_quotes" value="Q" =""> javascript:Submitted%28document.searchfrm%29">  ------------- ABILITY will get u at d top. CHARACTER will retain u at d top |
Posted By: sunlight
Date Posted: 15/Dec/2007 at 10:09am
| We shoud revive this thread. Any idea about Mercator Lines, Omaxe, etc? Can they become multi-baggers? |
Posted By: shivkumar
Date Posted: 15/Dec/2007 at 11:15am
| Venus Remedies is one strong potential multi-bagger |
Posted By: sayonee
Date Posted: 05/Jan/2008 at 7:48pm
|
I am excited about a couple of small cap companies:
1. Mold-tek Technologies - Engaged in the civil engineering KPO space. Huge addressable market (multi billion $), attractive margins (50% PBT), high growth visibility and reasonable valuations
2. Freshtrop Fruits - Leading exporter of fruits primarily to leading European supermarket chains. Apart from exports, emerging domestic organised retail market will provide growth impetus
Disclaimer- I own mold-tek shares
|
Posted By: deveshkayal
Date Posted: 06/Jan/2008 at 1:44pm
|
Since Multibaggers are made from small caps which have strong growth , I think following companies have the potential:
Refex Refrigerants
Goldstone Technologies
Kaveri Seeds
Karuturi Networks
Alphageo ------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: xbox
Date Posted: 06/Jan/2008 at 4:27am
I expect companies whose mcap varies from '200 to 2000' Cr will be next mutibaggers. Fundamental matters to reach the top first...a sustained bull market don't distinguish difference between silverline & INFY. It is bear market which differentiate one...If 2008 is just another year of bull, then this is bound to happen.  ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: Ajith
Date Posted: 06/Jan/2008 at 8:13am
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I think Titan may still be a reasonable and safe multibagger from current levels though on the face of it it looks fully priced. ------------- Ajith |
Posted By: riteshvik
Date Posted: 07/Jan/2008 at 10:50pm
|
rain commodities -- a diversified play viz. cement, power and cpc ( largest producer) . feedback requested
dabur pharma - niche player in oncology segment , feedback wanted
|
Posted By: Rinku
Date Posted: 08/Jan/2008 at 9:10pm
Karuturi Networks have been 4 bagger in last 7 -8 months.Whats is the story behind other companies Divesji...
|
Posted By: priyank2
Date Posted: 16/Jan/2008 at 4:49pm
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What are your thoghts on Jyoti Structures?I s it worth investing at this point? ------------- Priyank |
Posted By: basant
Date Posted: 16/Jan/2008 at 4:56pm
|
It is recommended by a few research houses but nothing that I know of about this company. ------------- '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: gemseeker
Date Posted: 16/Jan/2008 at 9:21pm
| It would be nice to evaluate some Mining/Minerals stocks in TED. Most of them have been MultiBaggars but do have a lot of potential. |
Posted By: baracuda
Date Posted: 30/Jan/2008 at 1:33pm
|
My list of MB's. Please feel free to comment (agree or disagree) about it.
1. Nucleus
2. VIP
3. Balaji TEL
4. ITH
5. TTML
6. Tata Elxsi - I have removed it from portfolio.
7. HOCL
Basant ji and Omshivaya ji your comments are highly appreciated.
One question to basant ji, has your MB list taken any changes?
Thanks
|
Posted By: basant
Date Posted: 30/Jan/2008 at 2:01pm
Hey, these seem to be some of RDs favourite picks.
I would replace TV18 with YES Bank and keep PRIL. Axis is also a 10 bagger but the point is that it could take a few years for that to happen.
------------- '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: nikhil090
Date Posted: 30/Jan/2008 at 2:47pm
|
Basantjee,
Quite a change.. Out of TED11, what 5 stocks are worth buying right now?
My guess is that Yes, Axis, PRIL will find favour. Which may be the other 2?
|
Posted By: investor
Date Posted: 30/Jan/2008 at 3:02pm
Tata Elxsi in your list of MBs?? LOL!  All i can say is that you made a great decision to exit from it. You seem to be a hardcore RD fan, because all of them are from his list of ideas. Till last year, even Tata Elxsi was in his list of "core portfolio" stocks, i only hope for his sake that like you, he has also exited from it.  Nucleus and ITH, i am very sceptical. For the former, the dollar rate is going to be a big problem - as it is only going to go downwards from here in next 10 years, and for the latter, management quality has not proven to be upto the mark in delivering results. The others could well turn out to be multibaggers. Good luck! 
------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: basant
Date Posted: 30/Jan/2008 at 3:29pm
Titan and Dish have along way to go  ------------- '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: baracuda
Date Posted: 30/Jan/2008 at 3:45pm
|
Basant ji and Investor bhai,
I am Damani Fan, yeah TatELX was in my portfolio.
Thanks for the reply.
But about NUCSOF, It occupies 50%+ of my portfolio. I bought at 530(long ago, before split) and it went to 1200 and came back. It is almost back to the price I bought it for. Feel bad for it.
Will rethink on my strategy.
Thanks again. ------------- Damani Fan!!! |
Posted By: baracuda
Date Posted: 30/Jan/2008 at 3:50pm
|
Basant sirji,
I understand that a stock which has gone up 10 time can go 10 times from present price.
Pantaloon/PRIL has been a big hit for you. Do you still suggest a buy option even now?
What is the vague target you are looking for PRIL?
Thanks. ------------- Damani Fan!!! |
Posted By: investor
Date Posted: 30/Jan/2008 at 4:00pm
|
Even though RD feels Nucleus is very strong, i just dont see any IT companies outperforming the index in the next 5 years. That too Nucleus is a product company, and its going to be really difficult. Disclaimer: I dont own Nucleus and dont track it very closely either, so any decision to sell should be your own call.
------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: baracuda
Date Posted: 30/Jan/2008 at 4:03pm
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Thanks for the opinion though.
------------- Damani Fan!!! |
Posted By: vijayM
Date Posted: 08/Mar/2008 at 2:34pm
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Basantji,
I request you to look at following stocks which I heard from my friends that they might be potential multibaggers.
1]IDBI
2]PANYAM CEMENT & MINERALS
3]MASTERTRUST
4]NAGARJUNA FERTILISERS
REGARDS
VIJAY
|