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kulman
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Joined: 02/Sep/2006
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   Posted: 16/Jan/2009 at 9:43am |
Following equation needs a correction:
Multiply the result by '0' in case of dishonest promoters, corrupt auditors etc. On a serious note, during early days I used to look for such formulae. Experience has taught that there isn't any single easy formula for success in capital markets.
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Life can only be understood backwards—but it must be lived forwards
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Nitesh_Inc
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Joined: 19/Oct/2008
Location: India
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Posted: 16/Jan/2009 at 11:44am |
Originally posted by kulman
Following equation needs a correction:
Multiply the result by '0' in case of dishonest promoters, corrupt auditors etc.
On a serious note, during early days I used to look for such formulae. Experience has taught that there isn't any single easy formula for success in capital markets. |
Subjectivity is an integral element.
Management Adjustment Factor & Auditor Adjustment Factor (Scale of 0 to 1) should be multiplied to whatever forecasted prices that one arrives at using the “formulae”.
If only one can correctly rate the Managements & Auditors.
Then perhaps we may get the formula to success 
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An investor convinces himself, an analyst convinces others.
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kulman
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Posted: 17/Jan/2009 at 12:46pm |
Besides as Buffett says...Businesses seldom operate in a tranquil, no-surprise environment, and earnings simply don’t advance smoothly (except, of course, in the offering books of investment bankers).
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Life can only be understood backwards—but it must be lived forwards
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basant
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Posted: 17/Jan/2009 at 1:45pm |
In India as long as the retail investor is alive and kicking (at himself) nothing goes to zero as long as youy pay the listing fees to the exchange. HFCL still trades in double digits and so does Global Tele and Silverline.
Originally posted by kulman
Following equation needs a correction:
Multiply the result by '0' in case of dishonest promoters, corrupt auditors etc.
On a serious note, during early days I used to look for such formulae. Experience has taught that there isn't any single easy formula for success in capital markets. |
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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
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vijayM
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Joined: 21/Dec/2007
Location: India
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Posted: 20/Jan/2009 at 10:21pm |
I wish to remind the teddies that this thread was started with the intension of getting some insight into the calculation of intrinsic value. Please share your knowledge with some case studies.
regards
vijayM
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If a business does well, the stock eventually follows:Warren Buffett
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Hitesh Shah
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Posted: 20/Jan/2009 at 10:33pm |
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I'm sorry you're not getting the help you want. Maybe because this calculation is based on some subjective factors.
By this I mean future values... which are always a matter of personal opinion.
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nav_1996
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Posted: 20/Jan/2009 at 10:34pm |
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How do we calculate intrinsic value of a NBFC? Is BV a good indicator. I am assuming that as per RBI guidance every Q, NPAs have to be written-off.
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basant
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Posted: 20/Jan/2009 at 6:14am |
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RoE/Risk free rate of raturn times Book value is agood indicator.
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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
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