Voltas replaces TV 18 in The EquityDesk XI.
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1716
Printed Date: 07/May/2025 at 4:37am
Topic: Voltas replaces TV 18 in The EquityDesk XI.
Posted By: basant
Subject: Voltas replaces TV 18 in The EquityDesk XI.
Date Posted: 30/Mar/2008 at 11:15am
| http://www.theequitydesk.com/forum/forum_posts.asp?TID=1561 - Voltas replaces http://www.theequitydesk.com/forum/forum_posts.asp?TID=29 - |
Replies:
Posted By: Vivek Sukhani
Date Posted: 30/Mar/2008 at 11:31am
| Exiting TV-18 is a good decision. Entering into voltas......a bit dicey. I think as Blue Star was already there, a sectoral diversification of the portfolio would have been better. |
Posted By: basant
Date Posted: 30/Mar/2008 at 11:56am
Oh! Again http://www.theequitydesk.com/forum/forum_posts.asp?TID=364 - Diversified vs Concentrated Portfolios..  ------------- '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 |
Posted By: shivkumar
Date Posted: 31/Mar/2008 at 12:12pm
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Now wait for Ratan Tata do his bit to take Voltas to the front pages of WSJ, FT, Forbes, etc. Then the halo over Basant's head will start getting bigger..... |
Posted By: smartcat
Date Posted: 31/Mar/2008 at 1:36pm
| The MoneyControl (that's ironic) TED XI portfolio has been updated! |
Posted By: gopal
Date Posted: 31/Mar/2008 at 3:09pm
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increased my exposure in voltas today ------------- Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful |
Posted By: rakeshmehta48
Date Posted: 31/Mar/2008 at 6:22pm
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Basant Ji
No idea of the valuation of the new entrant (Your study and judgement must be correct here because VOLTAS is a known and reputed name)
BUT REPLACING "TV 18" IS DEFINATELY VERY GOOD MOVE AND BOLD DECISION.
Keep the spirit up, sir! ------------- Fund Management is Most Important |
Posted By: basant
Date Posted: 31/Mar/2008 at 7:14pm
|
We will do a valuation exercise on the newcommer. SOmetimes it is difficult to let go of a stock in which you have made more then a 15 bagger but then we do have to seggrergate emotion from reason!
My capital in this market has been made in Pantaloon and TV18. But then we need to move ahead (rather then fight with fundamentals) and this is what I tried to do.
------------- '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 |
Posted By: rakeshmehta48
Date Posted: 31/Mar/2008 at 7:54pm
|
Basant Ji
It needs lot of guts to detach your emotional attachment from 15 bagger and you have done it by accepting certain realities of fundamentals.
Hats off to you!
I also tried the same in case of Dabur's but failed (May be fundamentals still don't justify such an action) ------------- Fund Management is Most Important |
Posted By: gopal
Date Posted: 31/Mar/2008 at 7:56pm
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Basantji,
If possible can you post a complete work out of Voltas, showing all its strenght, weaknesses and work out regarding its PE, PEG, EPS for next few years and its valuations working
------------- Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful |
Posted By: basant
Date Posted: 31/Mar/2008 at 9:13pm
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Will certainly do that. ------------- '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 |
Posted By: India_Bull
Date Posted: 31/Mar/2008 at 5:38am
|
The best price one can get for airconditioners is not in market crash /summer but in rainy season !!
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: investor
Date Posted: 31/Mar/2008 at 11:07am
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Seven stock investment ideas from today's edition of BS: 1. Aban Offshore 2. ABB 3. HDFC BANK 4. IDFC 5. RPL 6. TITAN 7. VOLTAS I guess Basant must be happy with this, as it contains 3 of his core holdings!  Anyway, i am reproducing only the Voltas details, for those interested in the other 6, you can get it from http://specials.rediff.com/money/2008/apr/01mkt1.htm%20 - http://specials.rediff.com/money/2008/apr/01mkt1.htm Voltas, the engineering and air-conditioning major, is expected to gain immensely from the rising capital expenditure across sectors like retail, IT and entertainment, and higher infrastructure spending in India and other emerging markets such as West Asia. Being the second largest player in the Indian organised heating, ventilation, and air conditioning (HVAC) market after Blue Star, the company is expected to reap benefits of immense opportunities in the air conditioning market, especially the non-residential segment, which is expected to almost triple to Rs 37,600 crore (Rs 376 billion) in the next five years. Apart from HVAC, Voltas will also gain from the growth in the construction activities, which in turn throw up opportunities in the fledgling MEP (mechanical, electrical and plumbing) industry. The company has established itself in its MEP business, which is growing at 40 per cent year-on-year, which had an order book of Rs 3,500 crore (Rs 35 billion) (international orders worth Rs 2,700 crore (Rs 27 billion) and Rs 800 crore (Rs 8 billion) worth of domestic orders) as on December 2007. To its credit, the company has executed orders at nine out of the ten domestic airports, and is currently working on the upcoming international airport at Hyderabad. The total investment of Rs 40,800 crore (Rs 408 billion) planned towards airports over the next five years reflects a huge market and hence, growth potential for players including Voltas and Blue Star. Also, Voltas, which commands a 17 per cent share in the air-conditioner market, should benefit from increased consumer spending. All this put together indicate strong growth prospects for Voltas.------------- The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! |
Posted By: ThinkBIG
Date Posted: 01/Apr/2008 at 8:13pm
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Basantji,
On your TV18 exit from http://www.theequitydesk.com/forum/forum_posts.asp?TID=429&FID=30&PR=3 - The Equity Desk XI : Can you please share with us current TV18 valuations which you would have done to conclude it as "much richer valuation"
Thanks
Posted By: basant Date Posted: 01/Apr/2008 at 10:01pm
Posted By: tigershark Date Posted: 11/Apr/2008 at 3:08pm
Posted By: basant Date Posted: 11/Apr/2008 at 9:14pm
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