Joined: 06/Sep/2006
Location: India
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Posted: 12/Sep/2007 at 5:13pm
Dear Sir,
The most interesting part is the monthly sales of Home town. Its 64 cores already. In next few months it wil cross 100 cr. This business is higher margin business than the traditional retail business. I am new excited about this business. How do u see the prospect of this business? How is it doing now. Any idea Sir?
Joined: 19/Sep/2006
Location: United States
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Posted: 12/Sep/2007 at 10:13pm
It is good to note that Home Retail sales will soon be as big as their lifestyle retail. Excellent offering capitalizing on the Real estate boom.
Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
P Lynch
Joined: 01/Jan/2006
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Posted: 12/Sep/2007 at 10:39pm
By 2010 Home Town should become as big as Value (Big Bazaar) and larger then Life style (Pantaloon) so the opportunities on scaling up and executing is huge!
'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
Joined: 09/Feb/2007
Location: United States
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Posted: 12/Sep/2007 at 12:30pm
Home Town has huge potential. Just look at the Home Depot Story in The US. Even if it accomplishes a fraction of its promise, it can be a great spin off.
Actually, PRIL has shades of Walmart, Home Depot, JC Penny ( just to name a few)in its different verticals.
Be fearful when others are greedy and be greedy when others are fearful.
"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
Joined: 01/Jan/2006
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Posted: 13/Oct/2007 at 3:26pm
So some reprieve on the same store sales numbers.
'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
Joined: 01/Jan/2006
Location: India
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Posted: 13/Oct/2007 at 3:40pm
Festivals have little efect on same store sales per se. That is because even last year people must have bought in Diwali!
Edited by basant - 13/Oct/2007 at 3:42pm
'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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