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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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   Topic: Kishore Biyani Interview - The Brahmand Theory
Posted: 11/Jul/2007 at 12:26pm |
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Excerpts from Kishore Biyani interview on the Dalaal Street Magazine -
- I believe in the Brahmand Theory - Create, Preserve and Destroy. Unless you destroy something, you cannot create something new. So destruction is a part of our whole thinking.
- Intangible assets worth Rs. 5,000 crores - these include 140 million customer walkthroughs, base infrastructure (sourcing etc) and private label branding.
- Pantaloon invested Rs. 20 crores in Home Solutions but it was valued recently at Rs. 1,000 crores because of these assets.
- Same store growth rate expected to be 20%
- Employee attrition rate of 8% (against industry avg of 20 - 25%)
- We don't look at investments which will not multiply by 5x minimum in 18 to 24 months.
- Dhirubhai Ambani, Narayana Murthy, Azim Premjji and Anil Agarwal are my role models.
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basant
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Joined: 01/Jan/2006
Location: India
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Posted: 11/Jul/2007 at 8:25am |
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Thanks for that had a chance to actually buy the magazine. I liked the way in which he explained the new business concepts and also articulated how the Board refused entry into a couple of businesses that Biyani wanted to get into, overall a must read for all Pantaloon shareholders.
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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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basant
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Posted: 11/Jul/2007 at 10:26am |
Interviews in Dalal street are normally published when promoters want to raise cash from the market. Is the Future Capital spih off really ready to go through?
Generally this is not the best magazine anyone should read.
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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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deveshkayal
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Joined: 04/Sep/2006
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Posts: 3903
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Posted: 11/Jul/2007 at 11:15am |
We don't look at investments which will not multiply by 5x minimum in 18 to 24 months
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Future Media fits here perfectly!!
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"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
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catchsudipto
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 641
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Posted: 11/Jul/2007 at 11:45am |
Interviews in Dalal street are normally published when promoters want to raise cash from the market. Is the Future Capital spih off really ready to go through?
Generally this is not the best magazine anyone should read.
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Dear Sir,
Which is the Best magazine ?
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Make your Life as simple as possible.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posted: 11/Jul/2007 at 11:48am |
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Read magazines that do not talk about stocks but abouty companies, Business World, Business Today, Outlook money etc.
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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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mragarwal
Groupie
Joined: 08/Jun/2007
Location: India
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Posts: 54
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Posted: 12/Jul/2007 at 5:04pm |
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Thanks all for sharing this valuable information.
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