Geodesic: How big can “Mundu” become?
Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Emerging companies - Mid caps that can become large cap
Forum Discription: These are companies operating in growing markets having have certain niches or specific attributes like new sector plays. These are emerging multibaggers with high risks and high rewards.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=502
Printed Date: 03/May/2025 at 2:38pm
Topic: Geodesic: How big can “Mundu” become?
Posted By: basant
Subject: Geodesic: How big can “Mundu” become?
Date Posted: 16/Oct/2006 at 11:39am
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Geodesic: How big can “Mundu” become? Geodesic (CMP Rs 180) is a technology products company. Its recently launched product “Mundu” is focused on how people communicate and interact with each other through the web and mobile phones. The company has grown 100% y-o-y since inception in 1999. Geodesic has under its umbrella brought out some very interesting products under the ‘Mundu’ platform. While the company has been operating under a number of verticals their latest product “Mundu” draws attention. Mundu is Geodesic's instant messaging solution. The advantages of this platform (as I could make it) are that it combines AIM, Google Talk, ICQ, MSN, Mundu. All these platforms are interconnected through Internet, desktops, wireless devices and platforms including Windows mobile, Symbian, Palm, Linux and Blackberry.
The company has a history of growing its revenues 100% for the past several years. The operating margins have expanded to 62.73% in 2006 from 46.91% in 2002. In the current year the company should do a revenue of close to Rs 175 crores and report an EPS of Rs 12 per share. The Company successfully launched Mundu Speak (Beta version). Mundu Speak allows users to make and receive unlimited phone calls to other Mundu users anywhere in the world over the data service on GPRS, EDGE or Wi-Fi connectivity. The company shall charge a fixed monthly rental for this facility. The revenue model is flexible and includes combination of one-time license fee for IPR, customization fee, usage fee (per user per month, per operator per hour etc), supports and upgradation charges. Geodesic plans to grow by increasing the usage of Mundu in various verticals. In this connection the company has made strategic acquisitions like Clangula (to understand work flow in corporate), PicoPeta Simputers (for application on Simputer) and Engage Solutions (for application in CRM area). An The EIM market will grow at 30% CAGR from US $220m in 2004 to $624m in 2008.This is as per the IDC report published in 2004. The Radicati Group’s research, estimates that the number of instant messaging accounts in use by end of 2005 was 867 million and should grow to ~1.2bn by 2009. The total number of mobile phone users are estimated to grow from 1.4bn in 2004 to 2bn in 2007. It is estimated that there were 200m PDA users in 2005. These PDA users would be the target customers for Mundu in this segment (estimated market size of ~US $2.6bn). The other big players in the instant messaging space are Yahoo, AOL (AOL+ICQ) and MSN. The company recently launched Mundu Radio which offers free access to unlimited music or broadcast content of choice to its users from any part of the world on their mobile devices. Mundu Radio operates on mobile phones with internet connection (GPRS - CDMA and GSM) and there is no need to carry any other device for this service. The company is excited with the Mundu Speak launch and has planned a series of innovative marketing exercises during fiscal 2007 to make the product a great success. The company will continue to launch a series of new hardware and software solutions in key focus areas during fiscal 2007. The management is able and quite competent. One of the better known VC’s in Conclusion: Being a technology company I am unable to understand the intricacies of the business model but going by an over all feeling that I got when I talked to some of the software experts this company should make it very big and if this product is able to roll out the way the company expects it to the stock should certainly do no less. Over all it is compelling investment at this price. PS: Members who can understand this business model are requested to provide further views on this company.The website http://www.mundu.com - www.mundu.com states that India times got over 6 million downloads of this messenger service. ------------- '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 |
Replies:
Posted By: India_Bull
Date Posted: 17/Oct/2006 at 12:48pm
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Hi Basant,
Excellent analysis as usual. Dont know but I feel someday in future one of the biggies mentioned above will try to buy out this small wonder and then the real value unlocking will happen. I have bought some shares at 165 and think that it will cross 300 in next 6 months. I guess Rakesh J was interested in this company initially but later opted to get out.
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: basant
Date Posted: 17/Oct/2006 at 1:24pm
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I share the same feeling. Did get a chance to find out that Mundu Radio is free right now but they could monetise it very soon. Our tech members could provide further information on this one.
The best part with these product applications is that the incremental sale flows directly into the bottomline. If Mundu is a sucess as the management says it could be Gedodesic could go places  ------------- '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: chic_1978
Date Posted: 17/Oct/2006 at 2:08pm
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Hi Basantjee
Geodesic informations : I would like to share my experience with this company.
My wife used to work for this company before we left India, however it was a very small software firm & highly unprofessional in approach. WE had very hard time recovering the PF money.
However they were very modest with the staff, giving regular shares as diwali bonuses.
They also have online shopping portal which is very shabilly designed & not that succesfull.
However even i was surprised checking its prices off late. Does this company really has the potential.
Also note its a Rs 2 FV share.
------------- happy & wise investing |
Posted By: catchsudipto
Date Posted: 17/Oct/2006 at 3:14pm
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Dear Sir, I bought this stock ( small quantity in last year). I am not still able to understand what they actually do. They are very very poor in providing information to the share holders. There website is rarely updated. One more thing, they are constantly liquidating there holdings in the market, so though they are showing 100% topline growth bottomline is not improving at the same pace. I may be wrong but frankly speaking i am still not able to understand their revenue model, how they make money. its a hazy picture( in my eyes).Mundu can be big, but how big its not clear to me. So i logged off from the counter. Yes RJ have sold his holdings but i believe Prof mankekar still holds his holdings. thanks ------------- Make your Life as simple as possible. |
Posted By: basant
Date Posted: 17/Oct/2006 at 4:31pm
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CatchSudipto you are right they have diluted equity and that is very normal. See I keep repeating that http://www.theequitydesk.com/forum/forum_posts.asp?TID=119 - you cannot grow in excess of your RoE without raising capital So no company just no company unless it is a product based business model (I-Flex, Microsoft) with little or no variable cost.
I am myself confused as to how big Mundu could become and that is why I have put it up for discussion so that members could tell us about this concept. Personally what ever I could understand the scope of growth for this company is tremendous and it does make for a compelling investment. Now since I have not been able to understand the model and I do not invest in technology companies it is difficult for me to put my money where my mouth is and I would not invest but surely we should see what infor we can draw out of this.
Chic: You made some very relevant points. Could you ask your wife how good the top management was in terms of say commitements, work execution etc (if she knew); does she know some one who still works there? In that case we should try and dig more information. Was your wife working in the software dept. by any chance?
I repeat at the cost of going wrong that there are opportunities like these which seem just too good to be true but some maybe few of them do turn out to be true. Who knows? ------------- '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: chic_1978
Date Posted: 17/Oct/2006 at 5:56pm
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Hi Basantjee
my wife was a graphic designer for that company for a short period of 6 mtns. I remember visiting the company office in andheri around 6 months back, very old & conjusted building, infact not corporate types....
i just learned from her about 1 of the directors having background from small scale industries, (so could be some political links), & other director handling software dept was very agressive & futuristic, infact the original mundu was designed by her & even she is surprised about mundu generating so much interest in the company...
i think we need to know more about this company...
was jsut checking co.site, lots of vacancies in technical department & if you read last report, they have hired lots of new experienced staff from corporates. (sounds interesting ) ------------- happy & wise investing |
Posted By: basant
Date Posted: 17/Oct/2006 at 6:04pm
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infact the original mundu was designed by her & even she is surprised about mundu generating so much interest in the company.
________________________________________________________
Isn't this so very interesting. Do ask her in detail about this and let us know. One of the best internet minds in the VC industry is invested into this one with about 1% holding valued at Rs 10 crores.. ------------- '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: chic_1978
Date Posted: 17/Oct/2006 at 6:22pm
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Infact I will just elloborate on my experience, I had to simply fight for PF dues after waiting patiently for more then 3 years, Company never had ne one answerable for it, they had some part time PF consultant, who had misplaced the forms on 2 occassions & finally my CA had to call them, give them legal threats to recover the amount.
------------- happy & wise investing |
Posted By: basant
Date Posted: 17/Oct/2006 at 6:30pm
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I would listen to that very carefully.Primafacie that does not talk very high about the management. SInce your wife would have been with the company since it was very small she should have been in contact with Mr. Kulkarni (the director) - would have expected her case to be speeded up at least. ------------- '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: 17/Oct/2006 at 6:46pm
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Hi Basantji,
There can be concerns like this (I have worked in no of Top rated companies and faced similar probs) however we we need to focus on the bigger picture and see if this company can scale up and gives us substantial returns..
If the management is not good but the business is excellent then go for the business..... ------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: basant
Date Posted: 17/Oct/2006 at 6:54pm
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While this does not show that the management is a complete fraud and that the company's products should not do well it just gives us some perspective; probably it is a one off maybe that they were not too serious about that but basically I agree it should not overshadow the business model of the company.
But a good business with an OK management is always better then an excellent business with a corrupt management. ------------- '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: chic_1978
Date Posted: 17/Oct/2006 at 7:12pm
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I agree with you that this could be just one off instances.....
but overall it affects the image of the company...neways lets find the finner aspects of the company..... I presume they are announcing the results tommrw ... ------------- happy & wise investing |
Posted By: kulman
Date Posted: 17/Oct/2006 at 8:14pm
Very interesting discussion. While I have no idea about Mundu, Geodesic, or its management; there are few gems from the legend (Warren Buffet) which come to mind:
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: manishdave
Date Posted: 17/Oct/2006 at 10:36am
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Google. Yahoo both are looking for aquisition in India. This could be very good target.
In that case I would worry less abt management as google/yahoo can not make under the table deal. Company must have this in mind they will try to maximum valuation and that could be huge. I have been watching this kind of businesses but I will have to look more in detail but looks very interesting.
|
Posted By: Ajith
Date Posted: 18/Oct/2006 at 1:26pm
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The background of the people who have joined in the last year, in particular but not exclusively along with the Simputer acquisition and with(indirect)NASA and FII holdings one can more or less take management integrity and ability for granted.But valuations are high,technology is ever-changing ,earnings can throw up negative surprises and so one has to look beyond all that into the very heart of the issue-the depth and qualty of talent and how they are nurturing it to produce extraordinary results. If there question marks regarding this ,the share price ought to be a fraction of what it is currently traded at. ------------- Ajith |
Posted By: nav_1996
Date Posted: 18/Oct/2006 at 9:03am
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Another company which looks too cheap and good to be true is Aftek System.
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Posted By: chic_1978
Date Posted: 19/Oct/2006 at 2:24pm
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At the current market price of Rs 199.40, Geodesic Information Systems trades at 20.18 times its Q1 June 2006 annualized EPS of Rs 9.88. Geodesic Information Systems has posted a net profit growth of 138.26% for Q2 September 2006 to Rs 23.35 crore, compared to Rs 9.80 crore for Q2 September 2005. Total income increased to Rs 39.91 crore from Rs 21.73 crore. In June, Geodesic Information Systems announced the availability of the beta version of its product, Munduspeak, on the company's website. Geodesic Information Systems provides customised software solutions. It has also developed solutions like ticker and interoperable messenger. The company signed a contract with a Japanese publisher for the use of its instant messaging suite of products earlier during the quarter. Geodesic Information Systems had registered a net profit growth of 89.30% to Rs 14.50 crore (Rs 7.66 crore). Net sales rose 99.10% to Rs 33.35 crore (Rs 16.75 crore). ------------- happy & wise investing |
Posted By: basant
Date Posted: 19/Oct/2006 at 2:27pm
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I think that this year's EPS should be north of Rs 12/- per share.Stocks does appear cheap on that basis. But the inside story is huge as we discussed it earlier. ------------- '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: chic_1978
Date Posted: 19/Oct/2006 at 2:47pm
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I think that this year's EPS should be north of Rs 12/- per share.Stocks does appear cheap on that basis. But the inside story is huge as we discussed it earlier.
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But we have to yet know the inside story from your sources SIR....
Considering the results of last quarter, stk should be fairly valued at 250 ???
------------- happy & wise investing |
Posted By: basant
Date Posted: 19/Oct/2006 at 2:52pm
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See Geodesic is not a 20%- 30% story. Either the stock goes up multifold or it just remains here and does better then the market. Mundu is just one product their team as Mr. AJit mentioned is highly talented and is expected to roll out a slew of products.
It would therefore be incorrect to value a product company on PE basis what is more important is how scalable their products could be because once that happens EPS should rise exponentially. Stock does look compelling. ------------- '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: Ajith
Date Posted: 19/Oct/2006 at 4:35pm
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Results are really truly great and much much ahead of projections and my wildest expectations ... I just saw it on this board.can now hold on without doubts. ------------- Ajith |
Posted By: India_Bull
Date Posted: 19/Oct/2006 at 11:00pm
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Hello Everyone, Since we started discussing about Geodesic, it has started running (Is this sheer coincidence or the results or our discussions on this board ?
Happy Investing..
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: basant
Date Posted: 19/Oct/2006 at 9:40am
All three I would presume  ------------- '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: tyler_durden
Date Posted: 24/Oct/2006 at 10:35pm
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i read previous messages and came across "AFTEK INFOSYS LTD."
its posting decent profits and cmp(58) it seems a fair buy. what the experts say?? |
Posted By: akshayan
Date Posted: 15/Dec/2006 at 10:42pm
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Here's some info extracted from
http://mm.gnu.org.in/pipermail/linuxers/Week-of-Mon-20010611/025928.html - http://mm.gnu.org.in/pipermail/linuxers/Week-of-Mon-20010611/025928.html
> The Times of India - Saturday 16 June - has an article about Mundu -
> the first Instant Messenger that can handle "all" the protocols, and > allows communication between people on different protocols. I'll try to clear some of your doubts by giving you first hand information about the thing. I was one of the developers on this project (I quit in January this year). Read on. > 1. If they are the first, then what are everybuddy and jabber? Mundu is NOT the first. It's the last (hopefully). Everybuddy and Jabber offer the same services for free speech and free beer. Everybuddy does not have a Windows client, so a Delhi-based company (I can't remember the name) ripped the Everybuddy source code and built a Win32 GUI on top of it. They called it Messenger A2Z, and sold it to MantraOnline. The Everybuddy guys, in suspicion, ran `strings' over it only to find out that it was made up of Everybuddy code. When the company was contacted by Everybuddy, the guys pretended they had no clue what was happening. Finally, they agreed to release Messenger A2Z under the GNU GPL. I don't know what's happened since. There was an article about this on Slashdot in December last year. Now I know that the libyahoo code was being used in the prototype version of Mundu. It would be nice to know whether their codebase still includes libyahoo. If it does, they're supposed to have their product GPL'ed under the terms of the libyahoo license (GPL). Are we going to see GPL go to court in India? Maybe I should talk to Ben Rigas (one of the Everybuddy developers). > 2. If they handle all the protocols, then why don't they handle > jabber, zephyr and irc? They DON'T handle `all' protocols. Simple. > 3. I don't understand how they allow communication between people on > different protocols. Has anyone used mundu? As far as I can figure > out, in order to send a message on MSN, Yahoo, ICQ, AIM or anything for > that matter, you must have an account with that service. If you do have > an account, then where does the cross protocol communication come up? I have used Mundu (Indiatimes Messenger, that is). It's a beta version and was a major goof up when Times Computing published the link for download (and it was deep within the site, not meant for download). So I am one of the few people who managed to download it (and they'll hate me for this ;-) ). In order to send a message to an MSN user, you need an MSN (passport, hotmail) account. Same with Yahoo. Same with ICQ and AIM. Now something interesting. The so called ``cross-protocol'' communication is achieved like this -- you have an MSN ID ( http://mm.glug-bom.org/mailman/listinfo/linuxers - a at msn ), a Yahoo ID ( http://mm.glug-bom.org/mailman/listinfo/linuxers - a at yahoo ) and a Mundu ID ( http://mm.glug-bom.org/mailman/listinfo/linuxers - a at mundu ). You have one friend on MSN ( http://mm.glug-bom.org/mailman/listinfo/linuxers - b at msn ) and one on yahoo ( http://mm.glug-bom.org/mailman/listinfo/linuxers - c at yahoo ). Whatever messages you get from http://mm.glug-bom.org/mailman/listinfo/linuxers - b at msn , you relay them to http://mm.glug-bom.org/mailman/listinfo/linuxers - c at yahoo. It's your wish what you want to do. Basically you are spamming http://mm.glug-bom.org/mailman/listinfo/linuxers - c at yahoo with http://mm.glug-bom.org/mailman/listinfo/linuxers - b at msn 's messages, sometimes (when the program goofs up). This whole thing gives the impression that http://mm.glug-bom.org/mailman/listinfo/linuxers - b at msn is talking to http://mm.glug-bom.org/mailman/listinfo/linuxers - c at yahoo. Serves good as a marketing tool. Doesn't work in real life (try it!). > If they do in fact support cross protocol communication, then good for > them. Okay, they DON'T. ;-) > Either way, I'm tired of uninformed reporters overlooking open source > software once again. What we really need is education of the media. > Any ideas? Yes. Times of India is illiterate. Indiatimes.com is India's worst portal. TOI misuses its power by giving incorrect information to unsuspecting readers for the sake of promoting their brands (Yahoo! Search vs. Indiatimes Search, Mundu Messenger cross-protocol, etc.). You can never have TOI promote Everybuddy because it's against their policy (who'll take Indiatimes Messenger then?!). The solution is to stop blindly believing all that is written in the newpapers (and educate your friends also about it). TOI is selling you lot of lies everyday. Don't buy them. |
Posted By: PrashantS
Date Posted: 15/Dec/2006 at 12:20pm
| the company has grown because of some aquitsitions...i think this company needs to be discussed...i can share a few thoughts...on this ..may be find what is coking in this company |
Posted By: catcall
Date Posted: 16/Dec/2006 at 8:42pm
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The company has issued perferential shares on more than one occasion is the recent past, leading to speculation that there would be some positive news announcement. This lead to a lot of speculative activity in this stock some six months back. However that has not materialised, which is why the stock is not moving up at present. Every time the price rises, there is liquidation at the higher levels ------------- There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing! |
Posted By: prosperity
Date Posted: 16/Dec/2006 at 9:45pm
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Buffet says to avoid those we cannot understand ...
Technology is very fast changing field ... Trying to understand the intricasies of technology is a MUST to understand how big can Mundu become .. or how easy is it to have a competition threat !!
At the cost of missing out some multibaggers once in 100 such cases, i am peacefully happy to have holdings where i understand what i am into !!
And then, on Warren Buffet CNBC Interview, every one towards the end says ..... "Its possible to emulate and repeat learnings of Buffet, but to practically emulate and generate SIMILIAR profits by another new Buffet - just as previous Buffet did - its not possible !!"
Our emotions come on our way to deviate us from the simple rules of the game Buffet discovered !
Alas ... we are humans and hence have emotions !
But money making needs absence of emotions ....
Lets not be greedy on something we don't understand and would not understand -
The speed and replacement of technological innovations !!
------------- |
Posted By: PrashantS
Date Posted: 16/Dec/2006 at 11:50pm
| yes the Q is about sustained growth............who knows what is happenign but the guys who are or will be workign can know the big picture and buy the stock.........i guess............. |
Posted By: India_Bull
Date Posted: 16/Dec/2006 at 12:21pm
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I just revisited and checke some info abt Geodesic.. The results are good for the last few years and the company is in growth path and new product launches will improve the bottomline significantly. FII and Mutual funds have holiding of
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close to 55.53% though the promoters stake has been reduced over a period of time.(25% currently)
Though the market has neglected it for last few months,I feel its undervalued stk and may be this wd be sold out to companies like yahoo/google etc in future.This stk looks certainly to be a multibagger.
(Disclosure- I have been holding this from long time and have been a multibagger for me
Shareholding details:
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
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Posted By: PrashantS
Date Posted: 16/Dec/2006 at 8:49am
| But really you know it is not very clear....these results can be decpetive...business is ofcourse expanding but the thing is they are not able management.....that is what i heard....they just dont know how to manage .......something has clciked for them....it is to early to take a call |
Posted By: basant
Date Posted: 16/Dec/2006 at 8:55am
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Mahesh Murthy holds more then 1% stake in personal capacity and also he is categorized in the promoter group. He is known as the father of the internet in India. ------------- '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: PrashantS
Date Posted: 16/Dec/2006 at 9:51am
| Basantji....from aninsiders point of view ...things still have to kick in........It could make it big but as i said too early to take a call.......innovative and very strong people are being hired .........i am talking about the top level......so it si still early....but ofcourse with some latest aquisitions the company is positioned well............ |
Posted By: ganeshbhandary
Date Posted: 25/Jan/2007 at 10:33pm
| Whatever their growth rate is phenomenal .Look at the profit and loss ,balance sheets.Its OPM and NPM best in the industry.ROE and ROCE is more than 30% rare to find. zero d/e ratio . Phenomal EPS growth rate if PEG will matter for stock price.P/E of this company will be rerated phenomenoly.I'm closely monitoring its quarterly performance it never dissapointed.look at last 4-5 quarters just fabulous. |
Posted By: PrashantS
Date Posted: 25/Jan/2007 at 1:39am
| the growth rate is coz of some M&A.s if i am not wrong... |
Posted By: xbox
Date Posted: 25/Jan/2007 at 5:13am
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Lots of promising technologies goes burst and some ugly technology makes a forward leap.
Now a days, it is very difficult for a startup to become big. At most I think some company will take-over Geodesic and bundle it with it's own product. Like ebay did with skype.
But truth is success in nice-technology by start-ups are declining drastically. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: PrashantS
Date Posted: 26/Jan/2007 at 6:35pm
| But the Mundu thing is a great concept... |
Posted By: PrashantS
Date Posted: 11/Mar/2007 at 4:45pm
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.................. |
Posted By: PrashantS
Date Posted: 11/Mar/2007 at 4:48pm
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.......................... |
Posted By: basant
Date Posted: 11/Mar/2007 at 6:11pm
Hey, where are you getting that KP link from. Could you explain in detail because while I am not invested some of my friends and members at this forum are.
------------- '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: Ajith
Date Posted: 11/Mar/2007 at 8:16pm
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It would be easy to manipulate this stock.I had added on moderate quantity at 165 level but at current level would definitely hesitate to purchase.I am just relying on some software product and a great management team.I just cant assure myself of the business model and so cant bring myself to invest heavily in Geodesic unlike say,a Mindtree.Perhaps if I knew more about Geodesic I would invest more since there is potential for it being a great multibagger.What do you think,Mr. Basant? ------------- Ajith |
Posted By: basant
Date Posted: 11/Mar/2007 at 8:25pm
Absolutely Mr. Ajith. I am with you on that thesis. Also while the bigger names are invested here it is very difficult to blindly follow them since we have all read about the Pied Piper of Hamlin!
But we cannot also dump some stock without trying to understand the nature of those allegations. That is why I wanted to know more in detail about the context in which those allegations have surfaced. ------------- '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: psimajin
Date Posted: 11/Mar/2007 at 9:28am
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Prashants ji has edited his post can we assume that he got it wrong ?
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Posted By: psimajin
Date Posted: 08/Apr/2007 at 11:59am
After Chandamama episode the Stock is in down trend.
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Posted By: India_Bull
Date Posted: 09/Apr/2007 at 2:32pm
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The promoters/insiders are selling this stock since long time though insider selling is not a cause of alarm.management quality is questionable and very recently one of the insiders sold 2lakh shares , that is quite a huge amount. If insiders are not optimistic about their own company why should you and me?
Disclosure- I have existed Geodesic long time back. ------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: xbox
Date Posted: 09/Apr/2007 at 2:52pm
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INFY promoters have diluted their holding many times. They now hold just 20% (17%). In 2001 they were holding 30%. Needless to say their holding in 1995 would have been quite higher than 30%. Equity dilution in INFY is unheard (to me). So what these gentlemen did ? They sold their shares to open markets (India, japan or USA). It is very difficult to judge company from such events. ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: psimajin
Date Posted: 09/Apr/2007 at 3:15pm
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Just as we are discussing the down trend the Stock has surged 8.71% |
Posted By: India_Bull
Date Posted: 09/Apr/2007 at 3:22pm
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That is good news for the holders of the stock. When it jumps it jumps wild..
Vipuljee
Geodesic/for that matter any other IT cmpany cant be compared with Infy. As you rightly said, Infy has diluted the holding which indirectly resulted increasing shareholder value. The promoters can sell the stock for any reason Though selling by promoters is not as importtant as buying by promoters or insiders, if the selling is continuous , it definately gives some signals. ------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: xbox
Date Posted: 09/Apr/2007 at 3:28pm
|
Geodesic/for that matter any other IT cmpany cant be compared with Infy.
-----------------
I think our argument ends with it. Is it not ?  ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: India_Bull
Date Posted: 09/Apr/2007 at 4:40pm
|
Vipuljee,
Yes,
It was never a argument from my side, though there may be differences of opinions..(and by the way I have no direct or indirect interests in Geodesic so ....)
Cheers
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: BubbleVision
Date Posted: 09/Apr/2007 at 5:32pm
|
Vipul....Infy promoters sold a part of their holding when it was issuing ADS (ADR's) in 2004 and then again in 2005. This resulted in the promoter holding, as well as the local supply of the stock coming down. Infy Management is not sold stock in local market according to my sources.
------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: Ajith
Date Posted: 09/Apr/2007 at 10:37pm
|
Geodesic-this quarter results may be impacted by higher marketing costs.Topline growth will be decisive. ------------- Ajith |
Posted By: xbox
Date Posted: 09/Apr/2007 at 5:47am
|
Vipul....Infy promoters sold a part of their holding when it was issuing ADS (ADR's) in 2004 and then again in 2005. This resulted in the promoter holding, as well as the local supply of the stock coming down. Infy Management is not sold stock in local market according to my sources.
-----------
They were holding 30% in 2001. Does it mean, after IPO (1995) there were with 30% only ? I doubt.
My intention to start comparing geod with infy was the issue of stock sell by promoters. It is not necessarily a sign of untrusted promoters. As of now we know infy is infy and geod is geod but imagine when infy promoters did it, were they any favorable argument on them. Please also remember sponsored ADS are secondary market sell only. Their ADE listing was done in 1999 ( i was there that time). That was IPO kind of thing on NASDAQ but 2004, 2005 or so are secondary market sell. We can discuss other things about INF but in stock sell case, I find INF used ADRs to sell promoter's equity only.
Most of time we don't raise sensitive issues against respectable companies. So this forum.  ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: psimajin
Date Posted: 17/Apr/2007 at 1:10pm
| Morgan Stanley G/F sold 1735901 share of Geodesic Info last month |
Posted By: Ajith
Date Posted: 17/Apr/2007 at 2:25pm
|
I do wonder what the long-term prospects for Geodesic are-not just the coming quarterly results.I am holding on for the next 3 years at least in any case . ------------- Ajith |
Posted By: psimajin
Date Posted: 18/Jun/2007 at 12:22pm
|
Source: BSE Geodesic Information Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 15, 2007, inter alia, has discussed and decided on the following: 1. Recommended final dividend @10% on equity shares of the Company. 2. Declared payment of dividend on preference shares. 3. Recommended increase of authorised capital by Rs 15 crore thereby resulting in the total authorized capital of Rs 35 crore. 4. Recommended issuance of bonus 1:2 to the shareholders if approved by the AGM. 5. Recommended raising funds through international offerings in one or more foreign markets, subject to the necessary approvals and regulations in the form of equity or instruments convertible into equity shares, subject to approval of shareholders in the ensuing AGM upto 150 mn USD. 6. AGM to be held on July 23, 2007.
Bonus Issue 1:2
 |
Posted By: Ajith
Date Posted: 18/Jun/2007 at 1:34pm
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After such a large issue I think promoters will have very low stake in the company. ------------- Ajith |
Posted By: manishdave
Date Posted: 14/Jul/2007 at 9:32pm
|
Prof. Shivanand Mankekar purchased more than 3% stake in this company.
http://www.geodesic.com/htm/financials/2004/equity/equity.htm - http://www.geodesic.com/htm/financials/2004/equity/equity.htm
|
Posted By: basant
Date Posted: 14/Jul/2007 at 10:14pm
|
Excellent news. Mankekar is a boss I have seen of late that he gets in a bit late Tv18 - Indiainfoline (additional purchase) but his buying sends the stock soaring!!! ------------- '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: Ajith
Date Posted: 14/Jul/2007 at 10:24pm
|
Manish, Are you sure Mankekar still holds these shares as the information is 2 years old?I think not as per BSE website. ------------- Ajith |
Posted By: manishdave
Date Posted: 14/Jul/2007 at 12:31pm
Good point. I am not sure about current holding and may be he sold out. Just came across this info so posted. I Should have cheked the date.
|
Posted By: gauravsinghal2
Date Posted: 15/Jul/2007 at 3:21am
|
I am linking below posts from a software technical consultant on Geodesic. Hope these will help in increasing our understanding of the company further. I decided to invest 20% in this company in Nov'06 due to: 1) Excellent growth momentum 2) Excellent operating margin and a good PE 3) Relatively small market cap 4) Huge opportunity if any of the products hits well 5) Very High institutional interest 6) Backed by Vinod Sethi and Mahesh Murthy, both my personal favourites. http://indianstockresearch.blogspot.com/2006/12/geodesic-information-emerging.html - Link1: Click here http://indianstockresearch.blogspot.com/2007/02/geodesic-should-not-miss-this-stock.html - Link2: Click here Your comments/ suggestions/ criticism are welcome. |
Posted By: Ajith
Date Posted: 16/Jul/2007 at 11:56pm
|
I too have some investments in the company which I intend to hold on to for a long time-just taking the risk.I would have added more if I were certain about entry barriers and competitive strengths over the medium term. ------------- Ajith |
Posted By: kaizenbudhi
Date Posted: 28/Jul/2007 at 11:47pm
| Basantji, The latest link for Geodesic equity is http://www.geodesic.com/investor/invester_equity.php?leftIndex=3&sub=0 - http://www.geodesic.com/investor/invester_equity.php?leftIndex=3&sub=0 . Mankekar is not in this list |
Posted By: kaizenbudhi
Date Posted: 28/Jul/2007 at 11:56pm
|
Basant ji,
I have been in this stock for last 3 years now. Another interesting point is that the growth of the company has also resulted in increase in FII holding every quarter since 2001. seems as if there is someone who sees the growth, puts in more money and keeps on doing every quarter similar to a recurring deposit. I would have loved to share the graph with you. Not sure if our forum has a link to share images/excel pivot charts etc.
|
Posted By: ndzapak
Date Posted: 08/Aug/2007 at 9:40pm
|
Geodesic Information Systems today announced a browser-based Web application called "Mundu IM: iPhone Edition, which promises to fill the instant messaging (IM) void for the iPhone. According to Geodesic, "Mundu IM: iPhone Edition" is designed specifically for the iPhone, which, with all it's advanced Web browsing capabilities, does not have a native instant messaging client. Atul Chitnis, senior vice president for products, Geodesic, said, "Mundu IM: iPhone Edition not only demonstrates Geodesic's ability to identify future markets, but also to leverage it's technological prowess to rapidly create products needed by those markets." Available to iPhone users in the US, they can use "Mundu IM: iPhone Edition" directly by pointing their browsers at http://iphone.mundu.com. More information on the product is available at http://messenger.mundu.com - http://messenger.mundu.com . Source : techtree.com
------------- the Equitydesk is the best |
Posted By: paras
Date Posted: 09/Aug/2007 at 12:40pm
|
Basantji, is it still good time to enter at this front? Because I think iPhone has lot of growth to show. |
Posted By: basant
Date Posted: 09/Aug/2007 at 2:18pm
|
These are concept stocks and one of the finest mind in the internrt industry has a stake in this one. ------------- '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: deveshkayal
Date Posted: 09/Aug/2007 at 4:34pm
|
Mahesh Murthy is a smart man.I liked his judgement in the reality show on Zee "Business Bazigar". ------------- "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 |
Posted By: gauravsinghal2
Date Posted: 18/Oct/2007 at 8:58am
Geodesic to develop IM applications for telecom firmsGeodesic Information Systems Ltd (GIS), which is into developing Internet-based echnology, is in the process of developing customised instant messaging (IM) pplications for at least 18 telecom operators. The applications will be pecially-designed for GPRS, EDGE or WiFi-enabled mobile phones.
Having been assigned the task of developing customised IM applications for around 8-25 telecom operators, Atul Chitnis, senior VP — product technology and strategy of Geodesic expects the company to cross one million users mark for its IM applications.At present, the company offers Mundu IM for internet and mobile phones.
“Geodesic has also pioneered in developing the first IM application for Apple’s Phone. Moreover, BenQ also now are bundled with a customised IM application developed by us,” claimed Chitnis, declining to reveal details of the other telecom operators.
Since 2000, Geodesic has added up around 3.5 lakh users for its IM applications as well as it’s internet radio application, Mundu Radio.
Chitnis attributes the growing number of users for IM applications and internet radio to the drastic drop in the rates for connecting internet to mobile phones.
“We added around 96,000 users on just our Mundu IM application for Apple’s Phone over the last one month. We have also seen an increase in the number of users for undu IM and Mundu Radio by 80,000 and 2 lakh, and have seen a steady growth of 25-30 per cent in every quarter. The high growth has resulted from the increase in ownership of smartphones in the country,” said Chitnis.
The company claims its flagship product Mundu IM was a runaway success among mobile phone users.
“Earlier, the problem people were facing was that they had to run multiple client like OL, ICQ, Yahoo! or MSN to keep in touch with all their friends or colleagues. But for Mundu IM, we tied up with all the major clients so that a user can have access to contacts of all the clients simultaneously,” added Chitnis.
Geodesic develops its products at two development centres, one each in Mumbai and Bangalore.
-----------------------------------------------
Key take-aways:
1. task of developing customised IM applications for around 8-25 telecom operators
2. Geodesic expects the company to cross one million users mark for its IM applications
3. growing number of users for IM applications and internet radio to the drastic drop in the rates for connecting internet to mobile phones
4. “We added around 96,000 users on just our Mundu IM application for Apple’s Phone over the last one month.
5. increase in the number of users for Mundu IM and Mundu Radio by 80,000 and 2 lakh
6. The high growth has resulted from the increase in ownership of smartphones in the country
96,000 is a big number in just one month !!!
Source of the article:
http://computing.in.msn.com/Articles/Article.aspx?cp-documentid=210083 - http://computing.in.msn.com/Articles/Article.aspx?cp-documentid=210083 |
||
Posted By: gauravsinghal2
Date Posted: 18/Oct/2007 at 9:02am
|
It seems, they have well identified the emerging markets for them.
----------------------------
Geodesic`s Mundu Radio receives Symbian status
Geodesic Information Systems announced that its award-winning Mundu Radio has received the Symbian Signed status. This allows Mundu Radio to now support all the latest and popular Nokia Smartphones being sold in the market today.
Symbian Signed is an industry endorsed application signing program recognized by major phone manufacturers and mobile operators worldwide. Users of the latest Nokia N-series and E-series phones can now download Mundu Radio to gain personalized access to thousands of internet radio stations from around the world and the broadest array of music and other content. Further, existing users of Mundu Radio can now upgrade to the latest Nokia phones and continue to tune into their favorite music stations on the move, the company said. Shares of the company gained Rs 0.95, or 0.5%, to settle at Rs 189.35. The total volume of shares traded was 20,385 at the BSE. (Wednesday) http://www.myiris.com/newsCentre/newsPopup.php?fileR=20071017162015043&dir=2007/10/17&secID=livenews - Source
|
Posted By: BharatBulls
Date Posted: 02/Nov/2007 at 4:17pm
|
Look at details of Tencent's below. Most valuable chinese net company with market cap of 58K crore. IM being the primary business of the company, similar to Geodesic. Geodesic was also started around 1999 but focussed on enterprise business. With plans to go retail by the end of this year, geodesic might become a phenomenal multibagger. Depends on how soon it can reach a critical mass of Usebase. Withg the company expecting a use base of 1 Million post tie up with the telecom companies. It might take a quite some time to reach the user base of 232 Mio of Tencent. However similar business models. If the domino effect of User Base multiplication kicks in for this company, we might be in for a surprise.
------------------------------------------------------------------------------------------------------------------
Alibaba shows the way ahead Chinese Co’s IPO Proves Indian Cos Have A Lot Of Catching Up To Do Ajay Jindal ONE of the big events in the international deal market last week was the IPO of Alibaba, a Chinese internet company. Alibaba priced its IPO at a market capitalisation of $8.7 billion or around Rs 35,000 crore. Compare to valuations in the Indian market, as of last Friday, there were only 23 companies in the Nifty with a market cap greater than this. There are perhaps only around 30 or so companies in India with a market cap greater than Alibaba’s. Alibaba’s IPO reaffirms two things — global fascination with all things Chinese and the rising valuation of net companies. Alibaba isn’t even the most valuable Chinese internet company. There are at least two more listed net companies with greater market cap. Tencent, a diversified net play, may be the most valuable company with a market cap approaching $15 billion or around Rs 58,000 crore. Companies with comparable market cap in India are ITC, Sterlite, Unitech, Suzlon and HDFC Bank. Baidu, China’s largest search engine, has a market cap of close to $12 billion or around Rs 48,000 crore. This is similar to the market cap of Hindustan Unilever in India. The contrast between China’s internet sector and India’s internet sector couldn’t be more striking. China has at least eight listed internet companies (we may have missed some) with a market cap of over $1 billion. India has none. In fact, India hardly has any listed net companies. The largest listed internet company in India has a market cap of around $0.8 billion. There are other companies listed on Nasdaq with market cap in the range of $0.46 billion to $0.33 billion. The total market cap of these listed Indian net plays is around $1.6 billion. In general, Chinese net plays or even US internet companies have P/E or P/sales ratios higher than Indian companies. This seems to suggest that investors aren’t particularly gung-ho about internet companies in India at this point in time. Internet businesses in India, thus, are largely in the domain of venture capital and private equity investors. Most net companies haven’t scaled up to a level where they can be taken public at valuations internet companies enjoy elsewhere in the world. The Chinese market, though, does give a good clue of what the Indian market might see a few years down the line. Lets briefly look at the key companies. Tencent Holdings was started in 1998 and went public in July 2004. Its main product is a free instant messaging service called QQ, which currently has around 232 million active users, growing 5% quarter-on-quarter (QoQ). Its game portal currently logs around 2.9 million simultaneous users, and this is growing almost 6% QoQ. Baidu is even younger. It was established in 2000 and went public in August 2005. Baidu is China’s dominant search engine with a market share far higher than the likes of Google and Yahoo. Alibaba was founded in 1999 and currently has five businesses the key ones being B2B commerce, and online auction like eBay. Yahoo had taken a 40% stake in Alibaba for $1 billion in 2005, which could go up by around 4 times when Alibaba lists next month. There are well-developed companies in other key net sectors like travel, jobs and gaming. Gaming company Shanda was set up in 1999 and went operational with online games in November 2001. It listed in November 2004. Ctrip is the leading online travel company. It was founded in 1999 and listed on Nasdaq on September 2003. Both these companies have close to $3 billion or more in market cap. Clearly Chinese internet phenomena is way ahead of India. Part of the reason is also the internet and telecom user base is larger than India. Indian internet entrepreneurs seem to have lost out on the key areas of search, and messaging. The hot thing these days is social networking, but here too, there is no credible Indian alternative yet. |
Posted By: kaizenbudhi
Date Posted: 02/Nov/2007 at 7:25am
|
northgate with bharatstudent.com is into social networking. it is ranked 29th as per the website
http://www.alexa.com/site/ds/top_sites?cc=IN&ts_mode=country&lang=none - http://www.alexa.com/site/ds/top_sites?cc=IN&ts_mode=country&lang=none
|
Posted By: gauravsinghal2
Date Posted: 24/Nov/2007 at 8:11pm
|
Related news:
http://in.jagran.yahoo.com/news/business/general/1_12_3932069/ - http://in.jagran.yahoo.com/news/business/general/1_12_3932069/
खुश होइए, मोबाइल पर मुफ्त काल संभव Nov 24, 03:04 pm लंदन। मोबाइल फोनधारकों के लिए खुशखबरी है। ब्रिटेन में एक ऐसी तकनीक ईजाद हुई है जिससे मोबाइल फोन पर सभी काल मुफ्त हो जाएंगी। दूरसंचार क्षेत्र में नई क्रांति की इस तकनीक के जरिए एक उच्च संवेदी उपकरण घरों में मोबाइल फोन काल के सिग्नल पकड़ कर उन्हें किसी भी उपलब्ध ब्राडबैंड इंटरनेट लाइन पर डाल देगा। इस तकनीक पर आधारित उपकरण फेम्टोसेल को ब्रिटिश कंपनी पिकोचिप ने विकसित किया है। डेली टेलीग्राफ ने बताया कि इस उपकरण की कीमत सौ पाउंड पडे़गी। इसके बाद सभी काल फ्री हो जाएंगी। रिपोर्ट के अनुसार ब्रिटेन के मोबाइल फोन आपरेटर ब्राड बैंड बाजार का बड़ा हिस्सा झटकने के लिए यह उपकरण मुफ्त में वितरित करने पर भी विचार कर रहे हैं। |
Posted By: MPD05
Date Posted: 24/Nov/2007 at 6:11am
Gauravsinghal2ji, Could you please give a gist of this piece? It will help those of us whose knowledge of Hindi is just limited to filmi dialogues! |
Posted By: BubbleVision
Date Posted: 24/Nov/2007 at 8:44am
MPD05, This is my conversion in English. I can be slightly off the mark as well. Hope this helps.
लंदन। मोबाइल फोनधारकों के लिए खुशखबरी है। ब्रिटेन में एक ऐसी तकनीक ईजाद हुई है जिससे मोबाइल फोन पर सभी काल मुफ्त हो जाएंगी।
दूरसंचार क्षेत्र में नई क्रांति की इस तकनीक के जरिए एक उच्च संवेदी उपकरण घरों में मोबाइल फोन काल के सिग्नल पकड़ कर उन्हें किसी भी उपलब्ध ब्राडबैंड इंटरनेट लाइन पर डाल देगा। इस तकनीक पर आधारित उपकरण फेम्टोसेल को ब्रिटिश कंपनी पिकोचिप ने विकसित किया है। डेली टेलीग्राफ ने बताया कि इस उपकरण की कीमत सौ पाउंड पडे़गी। इसके बाद सभी काल फ्री हो जाएंगी। In a new revolution for the communications sector, the new device would convert the calls on the mobile phone to the existing broadband internet lines in house. The equipment used in this technique has been developed by British company called “picochip”. Daily telegraph reports that initially the equipment would cost GBP 100, after which all the calls would be free. रिपोर्ट के अनुसार ब्रिटेन के मोबाइल फोन आपरेटर ब्राड बैंड बाजार का बड़ा हिस्सा झटकने के लिए यह उपकरण मुफ्त में वितरित करने पर भी विचार कर रहे हैं।
According to reports, ------------- You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer! |
Posted By: Vivek Sukhani
Date Posted: 24/Nov/2007 at 9:00am
| But isnt skype already doing this???????? |
Posted By: MPD05
Date Posted: 24/Nov/2007 at 10:10am
|
Bubble Vision, Thanks for the translation. I've always believed that the business model of traditional communcation firms is vulnerable to new, internet technologies. Sounds like it is happening. MPD05 |
Posted By: MPD05
Date Posted: 24/Nov/2007 at 10:17am
Yes, Skype and Vonage use VOIP technology. However, you can't use mobile phones with them, as far as I know. Most traditional and mobile operators charge high tariffs (plus roaming charges) for long distance calls. Many long distance carriers often use VOIP technology to carry the call over the net, without disclosing it to the end user. With this new technology, which can provide mobile connectivity to the VOIP network, all those traditional revenue models will be in danger . |
Posted By: gauravsinghal2
Date Posted: 10/Dec/2007 at 4:32pm
|
Thanks bubblevision, it was my mistake not to take care of all of our brothers.
Searching Google for Picochip and Femtocell, one gets a lot of good info. They have deviced a mobile phone that uses VoIP rather than services from mobile operator.
Once everyone starts possessing a internet enabled phone, huge market will be created for Geodesic products.
Internet service providers will also get tremendous boost in their revenues. I was in China some time back and Internet density has increased there like anaything in past few years, similar to what we have done here with mobile density.
So the next big thing is internet.
Can anyone suggest me a good company involved with Internet?
I looked at Hathway Bhawani sometime back but later was told by their employees that it mainly caters to Cable TV and internet services are not the focus of the company.
Any other hidden gem??? WWIL? but its market cap is already very much I think...
|
Posted By: omshivaya
Date Posted: 10/Dec/2007 at 5:19pm
|
http://www.theequitydesk.com/forum/search_results_posts.asp?SearchID=20071210051758&KW=iol+broadband - Reetesh ji had initiated discussion on IOL Broadband on TED long time back . I personally dont have much idea on a company, except that I know internet shall be big. ------------- 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 |
Posted By: Ajith
Date Posted: 04/Feb/2008 at 1:11pm
|
Consolidated results look good and with 125 million dollars in hand it could become a biggie.I have been buying at the dips.
------------- Ajith |
Posted By: Ajith
Date Posted: 20/Feb/2008 at 7:38am
|
Mundu can become very big. Idea Radio powered by Mundu Radio of Geodesic is sure to rake in money.I think Geodesic will move up with more tie-ups and products. Chandamama too has ambitious plans. ------------- Ajith |
Posted By: subu76
Date Posted: 26/Feb/2008 at 3:54pm
|
Geodesic is in a space (emerging market + internet story) which is a key focus area for Google, Microsoft and Yahoo.
The focus on emerging markets is becoming bigger by the day in these companies. All of these companies have products which are close to what Geodesic has.
Unless Geodesic is acquired by one of the biggies (possibly for it's product penetration, it's smart people....I am reasonably doubtful on both counts) I am not sure how this will be an immense value creator.
The messenger space is emerging at a rapid space. What was a plain vanilla messenger a few years earlier has now morphed into vertical focussed productivity enhancing software in the enterprise space and many more things in the client end. I can write tons and tons on how this space is emerging in the last few years.
Bottom line: I would request folks to ponder on the rapid evolution in this space and the competitive positioning of Geodesic before committing long term.
|
Posted By: subu76
Date Posted: 26/Feb/2008 at 3:57pm
|
A link on Geodesic:
http://www.valuestockplus.net/2006/04/devil-in-fineprint.html - http://www.valuestockplus.net/2006/04/devil-in-fineprint.html http://www.valuestockplus.net/2006/04/devil-in-fineprint.html -
Disclaimer: I have no idea about the veracity of the content and this is pretty old link.
|
Posted By: gopal
Date Posted: 26/Feb/2008 at 5:12pm
|
You can use mobile phone with skype .....
also if your wifi phone runs windows mobile software you can even make free outgoing calls .....
thnx ------------- Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful |
Posted By: gopal
Date Posted: 26/Feb/2008 at 5:26pm
Dear TEDies,
If anyone has a WIFI enabled phone which can run windows software that you can get skype software from link below to make free calls. In fact most top ended phones which can also function as palm top or smart phones are capable of this.
http://www.skype.com/mobile/ - http://www.skype.com/mobile/
But this technology is baned in many countries ..... since the government can not control communications in this way & there is fear that unwanted elements use it.
My ex-boss got in trouble in middle east when he was using it in public at airport beacuse of this ....... his phone was confiscated & it got damaged ..........
Also this technology is to be avoided in communist countries too or to be used at ur own risk
.....I think this is the reason that is rumoured that skype is not fully developing this technology to the next level ...... last year there were rumours that they were also in the process of launching a skype version for UIQ & symbian phones .... but at the last moment they backed out due to unknown reasons ......
If they had released the UIQ & Symbian version then skype would have worked in about 70% of all phone models ------------- Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful |
Posted By: Ajith
Date Posted: 26/Feb/2008 at 8:33pm
|
It all depends on how management creates value for sharehlders with existing/planned products and how they use the 125million dollars raised.I think it could become really big with some luck.Already it has met with success. Latest quarterly is impressive.The market price has not dipped much in the past 6 weeks of mayhem. ------------- Ajith |
Posted By: Ajith
Date Posted: 26/Feb/2008 at 9:52pm
|
I just went through the link.How could so many FIIs -some of them really classy ones like Sloane & Robinson-be duped?Further I doubt if the 125 million dollar would have sailed through given these facts. Also those closely associated with the company like Rakesh Mathur , Mahesh Murthy and Atul Chitnis are stalwarts. But unless the books are clean now , its not worth investing in. ------------- Ajith |
Posted By: gopal
Date Posted: 26/Feb/2008 at 10:25pm
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Dear TEDies,
JUst for your information ....... when I was abroad I had a N9500 communicator frm company which came preloaded with Agile messenger ....... this single messenger allowed me to chat with my friends on yahoo, msn, etc with just one simple log in ..... and that was about 2-3 yrs back
Agile is multimedia service
so This all in one mundu messenger is not new at all by any means....
latest news is that agile has now become paid service ....
latest link for agile messenger with which you can chat with your friends on MSN, ICQ, AOL, AIM, GOOOGLE talk, etc is
http://www.agilemobile.com/ - http://www.agilemobile.com/
THNX ------------- Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful |
Posted By: Ajith
Date Posted: 26/Feb/2008 at 10:55pm
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I think Geodesic is worth monitoring but not worth buying heavily till more details are known.It seems to be one of the few succesful product companies from India.Atul Chitnis says more exciting products will be launched soon. Agile messenger-charges seem steep. Its a private Thai company. ------------- Ajith |
Posted By: kaizenbudhi
Date Posted: 26/Feb/2008 at 6:33am
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Recently(19-feb) it launched Internet radio also through IDEA. Geodesic Information Systems Ltd has informed BSE that the Company and IDEA Cellular, a leading GSM Mobile Service Operator in India, on February 18, 2008 jointly announced the launch of "IDEA Radio" - India's first true Mobile Internet Radio service. A one day free trial is available to allow subscribers to experience this first-of-its-kind offering. To avail of the offer, simply SMS the keyword "IRADIO to 55456. Several flexible subscription options are available, including Rs 149 per month or Rs 10 per day. For details pls. see http://www.bseindia.com/qresann/news.asp?newsid=%7b76236962-3A9B-44F8-84CC-804EBC6440E9 - http://www.bseindia.com/qresann/news.asp?newsid={76236962-3A9B-44F8-84CC-804EBC6440E9 }I do not know the potential of this product but looks very interesting.
Request teh knowledgeable guys on this to share what they think.
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Posted By: Ajith
Date Posted: 23/Apr/2008 at 10:33pm
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Tomorrow -Geodesic results will be worth tracking.Sales growth will be important as also any announcements. Keeping my fingers crossed on derivative exposures as usual what with even Himatsingka Seide falling into the trap. Lots of business plans,thats what I gather but I still am not entirely comfortable. ------------- Ajith |
Posted By: Ajith
Date Posted: 24/Apr/2008 at 9:31pm
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Results are great .Consolidated sales have moved up sequentially from Rs85 to Rs103 crores and PAT fromRs 43 to Rs.49 crores.Worth tracking intensely especially quality of management and launch of new products because overdependance on Mundu IM may backfire. ------------- Ajith |
Posted By: Ajith
Date Posted: 25/Apr/2008 at 10:58pm
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At last some news(the interview on moneycontrol and the announcement of tieup with a German mobile manufactirer in BS) is coming to indicate that Geodesic can really become a major successful software products company. I do not know how such companies are valued in US but Geodesic does look promising. ------------- Ajith |
Posted By: India_Bull
Date Posted: 25/Apr/2008 at 4:29am
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Everything is fine in this company expect the promoters who are more than willing to sell at every opportunity..... Just one of the factor that keeps me away from this stock..
------------- India_Bull forever Bull ! www.kapilcomedynights.com |
Posted By: Ajith
Date Posted: 25/Apr/2008 at 10:24am
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Equity dilution by promoters has led to higher growth rates an now around 55% is with FIIs and some high class ones like Sloane & Robinson.So I believe the company is in good hands. Infosys too,I think the majority of the shares is with the FIIs.Such companies may be categorized as meritocracies,I feel because the promoters have to deliver or they will be chucked out. As done recently with EDot some more high class individuals are slated to join the company as shareholders,I feel.
I would worry more about fundamentals which at present are looking bright. ------------- Ajith |
Posted By: subu76
Date Posted: 26/Apr/2008 at 12:07pm
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If anyone on the board has used Geodesic's messenger on mobile or radio on mobile could you kindly give some feedback about the product. |
Posted By: Ajith
Date Posted: 11/May/2008 at 9:48am
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Nice write-up in BS supplement today. The stock has been attracting me . I hope they put the FCCB to good use. ------------- Ajith |