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omshivaya
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Joined: 06/Sep/2006
Location: India
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Posts: 5966
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 Posted: 02/Sep/2008 at 10:58pm |
On a sidenote, the focus should strongly be on companies
1) that will be able to increase its dividend each year consistently, by 15% or above.
2) that will be able to increase its stock price by 15% or above for lot many years.
Point (1) would take care of steady income to manage expenses and point (2) would take care of a retirement kitty when the retirement arrives. HDFC BANK has been able to deliver on point 1 and 2 over the past 10 years.
Edited by omshivaya - 02/Sep/2008 at 10:58pm
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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
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manishdave
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Joined: 05/Aug/2006
Location: India
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Posts: 1371
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 Posted: 10/Sep/2008 at 2:10am |
Andhra Sugar yield is abt 5%. And sugar prospects are getting much better so EPS/Div should go up.
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basant
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Location: India
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 Posted: 10/Sep/2008 at 7:38am |
A friend of mine has a big stake in this one.But from what he keeps saying Andhra Sugar is not just sugar!
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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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gcpradhan1
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Joined: 03/Jul/2007
Location: India
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Posts: 570
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 Posted: 11/Sep/2008 at 8:06pm |
Can we consider HCL Infosystems as a good dividend earning stock? Last few year data what I got from Moneycontol is as follows.
HCL Info : CMP Latest Div% Div Yeild% @ 52 High 52 Low Current FV 107 400% 2.76% 7.51% 7.48 2
It is paying dividend regularly since 2004 in the range of 100 - 400% every year. Seniors please advice !
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years - Buffet
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rapidriser
Senior Member
Joined: 18/Nov/2007
Location: India
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Posts: 966
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 Posted: 11/Sep/2008 at 8:42pm |
Originally posted by manishdave
Andhra Sugar yield is abt 5%. And sugar prospects are getting much better so EPS/Div should go up. |
Andhra Sugars is a diversified company manufacturing commodities like Sugar, Alcohol, Chlor-Alkali & Fertiliser (Superphosphate). Prices of their products have risen in line with the overall trend of higher commodity prices worldwide.
The main concern is that prices of commodities have peaked at least for the time being and we may see an intermediate term decline in their product prices. You can enter this scrip if you are bulish on commodity prices in the long term, but I would advise you to wait for some time, before taking a large position.
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manishdave
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Joined: 05/Aug/2006
Location: India
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 Posted: 11/Sep/2008 at 11:27pm |
It is true that Andhra sugar is not Just sugar. That has helped company survive the sector carnage last year.
Company is value at any parameter and sugar is losig money. Sugar is going to be big turnaround so earning should improve and so should dividend.
Originally posted by rapidriser
[QUOTE=manishdave]
The main concern is that prices of commodities have peaked at least for the time being and we may see an intermediate term decline in their product prices. You can enter this scrip if you are bulish on commodity prices in the long term, but I would advise you to wait for some time, before taking a large position. |
Commodities had peaked but IMO many individual commodities are near bottom at least price wise if not time wise. Sugar had declined last two years so it has not gone down much in commodities decline this year but any decline is an opportunity.
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nav_1996
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Joined: 08/Sep/2006
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Posts: 803
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 Posted: 11/Sep/2008 at 12:42pm |
HCL:
On dividend basis it looks attractive. But its main biz laptops/PCs will see intensive competition.
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basant
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Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 11/Sep/2008 at 6:44am |
SOmeone mentioned about Indiabulls Sec and its 10% dividend yield but with deteriorating business fundamentals the dividend would not be sustained so investing on the basis of dividend only is like driving a car by looking at the rearview mirror!
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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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