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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posts: 9319
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   Posted: 02/Sep/2007 at 12:51pm |
These guys really know how to execute mega plans. By 2012, there would a separate Index to track Retail sector stocks (like the one now for realty).
It's good news for other players who are able to survive.
Anyone tracking Piramyd Retail? 
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Life can only be understood backwards—but it must be lived forwards
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 02/Sep/2007 at 1:25pm |
Originally posted by vip1
Elaborating on all its formats, it says that Reliance plans to have 100 million sq ft of retail space in the next three to five years and targets Rs 12,000 per sq ft per year for hypermarkets with an EBIDTA margin of 8 per cent.
That makes for a Turnover of Rs 1,20,000 crore and EBITA of 10,000 crores , by 2012! |
Putting an EV/EBIDTA of 15 times this comea to Rs 150,000 crore market cap! This is not there in Reliance's price as of now.
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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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vip1
Senior Member
Joined: 09/Oct/2006
Location: India
Online Status: Offline
Posts: 492
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Posted: 02/Sep/2007 at 1:44pm |
Putting an EV/EBIDTA of 15 times this comea to Rs 150,000 crore market cap! This is not there in Reliance's price as of now.
Right Basant, now you can see that the Movie has just started!
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tyler_durden
Senior Member
Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
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Posted: 02/Sep/2007 at 1:45pm |
Originally posted by kulman
These guys really know how to execute mega plans. By 2012, there would a separate Index to track Retail sector stocks (like the one now for realty).
It's good news for other players who are able to survive.
Anyone tracking Piramyd Retail?
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only best thing about it is...chances of posting a turn-around...recently birla had shown initial interest in it but then it didn't materialised.....
but investing based on poorly managed expectations is dangerous...
Edited by tyler_durden - 02/Sep/2007 at 1:46pm
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If you aren't fired with enthusiasm, you will be fired with enthusiasm.
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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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Posted: 02/Sep/2007 at 5:24pm |
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just like the pyramid of giza this one also will be history mate!
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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tyler_durden
Senior Member
Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
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Posted: 02/Sep/2007 at 6:35pm |
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pyramid of giza has stood for centuries...and this piamyd will not stand even few bad years.... kings were burried in pyramids of giza and here investors will be burried...
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If you aren't fired with enthusiasm, you will be fired with enthusiasm.
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CHINKI
Senior Member
Joined: 07/Feb/2007
Location: India
Online Status: Offline
Posts: 2827
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Posted: 06/Sep/2007 at 5:42pm |
Reliance Retail to re-open in Lucknow
Reliance Retail stores in Lucknow and other cities of UP are likely to resume operations soon because the UP government today indicated the closure order on the retail chains might soon be lifted.
“All the issues relating to the retail industry and the closure of the Reliance stores are being looked into and a decision can be taken in three days,” said Cabinet Secretary Shashank Shekhar Singh here today. The UP government on August 23 had ordered the closure of the retail stores of Reliance, after trader organisations affiliated to the Samajwadi Party targeted the stores in Lucknow and Varanasi.
The cabinet secretary said obstacles likely to be faced by the retail companies in procuring agriculture products directly from farmers after the rollback of the Ordinance for amending the UP State Agriculture Produce Marketing Board Act were being looked into.
He said the issue would be worked out in 20 days and there would be a decision this month.
SOURCE:BUSINESS STANDARD
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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SVHAPPY
Newbie
Joined: 13/Jul/2007
Location: India
Online Status: Offline
Posts: 18
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Posted: 06/Sep/2007 at 10:17pm |
While everybody is ga ga over corporate retail stores, I feel following dangers:
Advent of Internet shopping is the next thing in 5-10 years. Where do these malls go then? 
First, charm of a big mall. Then, addiction. Then, spiralling cost with inflation. Will these malls remain affordable in times to come? Even at todays' prices, some malls are beyond reach of middle class.
Can somebody work out some economics for me? |
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Nobody, other than you, can protect your money !!
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