HINDUJA VENTURE-Best Stock in current situation
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Fundamental
Forum Discription: Discuss the operations and finances of any of your companies.Make the other participants aware on the investment opportunities available in a stock on PE free cash flow etc
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1951
Printed Date: 04/May/2025 at 11:35pm
Topic: HINDUJA VENTURE-Best Stock in current situation
Posted By: BGKGURU
Subject: HINDUJA VENTURE-Best Stock in current situation
Date Posted: 27/Oct/2008 at 3:52pm
|
There r so many stocks for dividend but best stock is hinduja venture,there is no worry for slowdown etc. div yield 10% and company holds net 400 crore cash and eps 30(including treasuy income- plz check annual report http://www.hindujaventures.com/en/inv/annual_r.html - http://www.hindujaventures.com/en/inv/annual_r.html
plz check sept result from bse.
Cmp-Rs.105
book value-Rs.300
Cash-Rs.200 per share
propery for development-47 acre
business-profitable tv cabl business
------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Replies:
Posted By: BGKGURU
Date Posted: 27/Oct/2008 at 6:05pm
|
http://www.bseindia.com/xml-data/corpfiling/announcement/Hinduja_Ventures_Ltd_271008.pdf - http://www.bseindia.com/xml-data/corpfiling/announcement/Hinduja_Ventures_Ltd_271008.pdf ------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: BGKGURU
Date Posted: 27/Oct/2008 at 6:05pm
------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: BGKGURU
Date Posted: 27/Oct/2008 at 6:06pm
|
http://www.bseindia.com/xml-data/corpfiling/announcement/Hinduja_Ventures_Ltd_231008.pdf - http://www.bseindia.com/xml-data/corpfiling/announcement/Hinduja_Ventures_Ltd_231008.pdf ------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: BGKGURU
Date Posted: 27/Oct/2008 at 6:07pm
------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: BGKGURU
Date Posted: 04/Nov/2008 at 2:56pm
javascript:popup%28/marketinfo/charting/OnlineStockChart.jsp?symbol=HINDUJAVEN&series=EQ&mkttype=N%29 - Hinduja Ventures Limited  ------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: Hitesh Shah
Date Posted: 28/Jul/2009 at 8:52pm
|
BGKGURU ji, are you still following Hinduja TMT? It is now Hinduja Global Services, correct?
------------- |
Posted By: Vivek Sukhani
Date Posted: 28/Jul/2009 at 11:25am
............lagega lagega, ismein bhi battery lagega!!!! ------------- Jai Guru!!! |
Posted By: subu76
Date Posted: 29/Jul/2009 at 12:20pm
|
I haven't checked out this company for a while.
If you keep the Hinduja name aside...
The management is really good and focused on creating long term value. BPO valuations in M&A space is not all that bad.....hope they use the cash to do some acquisitions right now when the prices are really cheap
|
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 4:06pm
Hi Vivek, What is the story behind this statement? :) Please enlighten. |
Posted By: Vivek Sukhani
Date Posted: 29/Jul/2009 at 4:09pm
Nothing serious man......the way everything's going up, this stock may also make a move one fine day. Otherwise I have no idea about this company at all!!!! ------------- Jai Guru!!! |
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 4:10pm
Hinduja TMT was split into two - hinduja global and hinduja ventures. BPO business is put into the first company and remaining (cable, some real estate etc.) went into the second. |
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 4:21pm
This may be too late but not long ago, hinduja global was your kind of company. Price (at that time): Rs 100, Dividend: Rs 15, Cash/share: Rs 325, BV: Rs 466, PE < 4 , good operating business - BPO business more recession proof than IT sector, good disclosures (confcall, qtrly publishing of annual report type info). There are some -ves like moving slow on acquisition etc, but not significant. This seems too good to believe, but I have found no reasons yet to doubt it. Just than now price has run up to Rs 400+ :) |
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 4:26pm
| hinduja ventures also have similar balance sheet figures, but lack of a good operating business turns me off. |
Posted By: Hitesh Shah
Date Posted: 29/Jul/2009 at 4:42pm
Well, it has risen by ~30% in the last 15 days or so (in anticipation of good results?). I remember reading how enthusiastic BGKGuru was about it awhile ago. Anyway, nice to see Tarkeshwar back in action  . As he says, HGSL's web-site has a lot of information / disclosures about recent performance.------------- |
Posted By: Vivek Sukhani
Date Posted: 29/Jul/2009 at 4:44pm
My friend brought this stock just prior to de-merger at a price in excess of 700. The company got demerged with half the quantity of company A and half the quantity of company B. He is still ruing his decision...... ------------- Jai Guru!!! |
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 4:54pm
You are right! It did not make sense at that price. In fact , hinduja global at Rs 500+ may be getting into overpriced zone. So, buy price is important. I had bought significant chunk around Rs 300 and kept adding till it went to Rs 100. Not a good feeling, I can attest ;) |
Posted By: tarkeshwar
Date Posted: 29/Jul/2009 at 5:02pm
Thanks Hitesh! I may become inactive on TED again. I have changed my investing philosophy to "only buying, selling only when there is some serious news (scandal etc.)". This saves me a lot of time! Besides, was not finding TED discussions tremendously useful. Things may have changed now ;) |
Posted By: BGKGURU
Date Posted: 29/Jul/2009 at 9:28pm
|
Yes I hold it. I was recommending only because of safety.Rs. 200 cash With market price Rs. 100.
But I really disappont with no activity other than media. Although They have given good result in front of media(cable).
I will keep in anticiapation of new ventures as name suggest.
I really miss Hinduja global. I was thinking to buy after march result but my target was 225 which i never seen after result. June quarter was also good. and my buy target is 250-275 if i get. ------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Posted By: Hitesh Shah
Date Posted: 25/Aug/2009 at 9:43am
|
HGSL has prepared a presentation (3 MB) available http://nseindia.com/content/corporate/HGSL_PPT_25082009.zip - here .
------------- |
Posted By: learn2earn
Date Posted: 26/Aug/2009 at 12:03pm
|
A very comprehensive report about the business but focussing only on positive aspects of the business as it might be taken from company website I guess. Need to figure out the other side of the coin..like risks/negatives that can act against the company going ahead. |
Posted By: Hitesh Shah
Date Posted: 26/Aug/2009 at 12:07pm
It is from the company. It has been uploaded on the NSE site by the company. I didn't think it was not obvious. ------------- |