Dr Michael Burry, a physician suffering from Asperger`s syndrome made millions betting against the American housing market from 2005-07. He did this by locking himself up in his office and reading the prospectus of subprime mortgage bonds. To become a better investor, you just have to take inspiration from people like Dr Burry.
gud morning sir
I respect u very much….can u explain prima platic numbers….topline and bottomline both improved and they r only standalone numbers….why do u think result is not good…thanks
1. The company is settling its defaulted dues to various Banks and Institutions as OTS (one tine settlement) one-by-one.
2. Promoters increasing stake.
3. Dwindling Debt. This will have huge impact on Bottom line although Top line is decent.
4. Stock is trading at 0.33 times its book value.
I agree that it has negatives too. But the company is working on it religiously and transparently, as like the case of SKM.
Would you please look into it briefly.?
Will surely do so. Please keep coming up with such ideas. Such collaboration can be very useful.
First, the company is just getting out of bankruptcy proceedings. Operationally, company numbers may surely improve since a large part of revenue coming from Polyester Yarn which is a crude byproduct. But the Annual Report is very disconcerting. SR Investments (in which the company has spent more than Rs 10 Crs) is I believe a wholly owned overseas subsidiary(Mauritius). This has nothing to do with the company`s textile business. Googling SR Investments, we find that a person called Sandeep Bhargav who has a Bachelore in Textiles is running. I dont know if it is the same SR but there are many links and I dont believe they are all co-incidences. Super Industries DMMC, another subsidiary in which the company has invested a lot of capital is into the trading of metals. Again, no relation to the company`s core business. This company looks and feels murky. They may have a great brand in Hakoba but the fact that the company has spent so much money on unrelated subsidiaries (using the money from the Corporate Debt Restructuring package and FCCB`s) simply does not seem right. Poor Corporate governance. AVOID!
Sure, will surely do. Nitin spinner is another consistent player too. Incase if it interests you. Pls do keep me posted as well. Positive/Other wise.
Good day.
How does TRF Ltd looks for medium to long term ..
The stock was beaten down from 1000 to 150 levels and now again it has risen 100%
I made an investment at 160 and got a quick 40% move in just 3 months and I exited the stock ..
Now I am regretting that why did I exit the stock and was waiting for the stock to come down to 230-240 levels and it is just zooming up ..
Does it look for long term investment at current market price ??
Sir…also whats ur position on skm? I entered at rs20…u said that u r uncomfortable holding the stock..bcuz u r sensing manipulation ?? even if the price is manipulated i entered at rs20 so it shouldnt make much of a difference to me right? and also Skm is a good stock..
Back again with a query 🙂 fedder llyod has been performing well and smothly.. Thats the first script i bought on your recommendation and holding it tight. What could be its possible target and the time frame you want me to hold it.
1) All my recommendations are for long term. The longer you wait, the more money you make. But how long depends on the individual.
2) It is very difficult to give SKM like recommendations. So dont be too hopeful about that
ur view on tiger logistic ….since all of logstic stk are in lime light …like patel integrted,snowman,etc
i found this co. is in all areas of logstc ie supply chain,project log, cold chain,etc
also giv ur view on whther to enter snowman at current price of 129
thepokaranmoneymanager 
sir r u tracking prima plastics ??
No. The numbers dont seem too great. Although with lower crude prices, things may change
It looks OK. Its numbers may substantially improve with the crude meltdown
Sure 🙂
Chaman lal sethia.? Subex.?
Both look very interesting. But am not sure if this is the right time to buy them. Dont see any kind of trigger
You can forget Chaman Lal for now. http://www.crisil.com/capital-markets/CRISIL-Research_ier-report-chamanlal-setia.pdf
Valuation is in-line with Crisil`s expectation (old 2011 report but still useful)
http://articles.economictimes.indiatimes.com/2014-09-17/news/54024658_1_airea-india-rice-exporters-association-basmati-rice
http://articles.economictimes.indiatimes.com/2014-09-29/news/54437336_1_basmati-prices-punjab-basmati-basmati-paddy
And nothing seems to be going too well on the basmati front
gud morning sir
I respect u very much….can u explain prima platic numbers….topline and bottomline both improved and they r only standalone numbers….why do u think result is not good…thanks
Hi, Is it right time to enter Engineers India @227 ?
I believe so although I dont guarantee that it will go down further
Hey Hi, By any chance are you following ” Pioneer Embroideries Ltd ” ? I foresee it as a turn around story. Could you please look into it.?
Good day, Darshan S.
Why do you see it turning around?
1. The company is settling its defaulted dues to various Banks and Institutions as OTS (one tine settlement) one-by-one.
2. Promoters increasing stake.
3. Dwindling Debt. This will have huge impact on Bottom line although Top line is decent.
4. Stock is trading at 0.33 times its book value.
I agree that it has negatives too. But the company is working on it religiously and transparently, as like the case of SKM.
Would you please look into it briefly.?
Will surely do so. Please keep coming up with such ideas. Such collaboration can be very useful.
First, the company is just getting out of bankruptcy proceedings. Operationally, company numbers may surely improve since a large part of revenue coming from Polyester Yarn which is a crude byproduct. But the Annual Report is very disconcerting. SR Investments (in which the company has spent more than Rs 10 Crs) is I believe a wholly owned overseas subsidiary(Mauritius). This has nothing to do with the company`s textile business. Googling SR Investments, we find that a person called Sandeep Bhargav who has a Bachelore in Textiles is running. I dont know if it is the same SR but there are many links and I dont believe they are all co-incidences. Super Industries DMMC, another subsidiary in which the company has invested a lot of capital is into the trading of metals. Again, no relation to the company`s core business. This company looks and feels murky. They may have a great brand in Hakoba but the fact that the company has spent so much money on unrelated subsidiaries (using the money from the Corporate Debt Restructuring package and FCCB`s) simply does not seem right. Poor Corporate governance. AVOID!
Sure, will surely do. Nitin spinner is another consistent player too. Incase if it interests you. Pls do keep me posted as well. Positive/Other wise.
Good day.
How does TRF Ltd looks for medium to long term ..
The stock was beaten down from 1000 to 150 levels and now again it has risen 100%
I made an investment at 160 and got a quick 40% move in just 3 months and I exited the stock ..
Now I am regretting that why did I exit the stock and was waiting for the stock to come down to 230-240 levels and it is just zooming up ..
Does it look for long term investment at current market price ??
Regards
It is nowhere near cheap
gud evening sir
do u see substaintial correction in prima plastic and do think it is expensive at this level..
It is not expensive. It will surely improve from here.
Sir…also whats ur position on skm? I entered at rs20…u said that u r uncomfortable holding the stock..bcuz u r sensing manipulation ?? even if the price is manipulated i entered at rs20 so it shouldnt make much of a difference to me right? and also Skm is a good stock..
I am uncomfortable because of the way the stock has moved. But it is a great company, no doubt. This is a dilemma.
Sir
Back again with a query 🙂 fedder llyod has been performing well and smothly.. Thats the first script i bought on your recommendation and holding it tight. What could be its possible target and the time frame you want me to hold it.
Eagerly waiting for your next “SKM” tips
regards
Saurav
1) All my recommendations are for long term. The longer you wait, the more money you make. But how long depends on the individual.
2) It is very difficult to give SKM like recommendations. So dont be too hopeful about that
ur view on tiger logistic ….since all of logstic stk are in lime light …like patel integrted,snowman,etc
i found this co. is in all areas of logstc ie supply chain,project log, cold chain,etc
also giv ur view on whther to enter snowman at current price of 129
sir plz reply above query of both stk
Hello sir, appreciate your views on CUPID Ltd
Cupid rubber or trades. Neither look attractive anyway