Equity Markets

[snan]

Hmm....not bad ..anything sub 150 looks gud for HLL...BUT ONLY FOR LONG TERM>>>and only if u have surplus......DSP ML has downgraded HLL to underperform....and i dont see any reasons why it shudnt be....P&G have huge pockets and its not gonna be as easy as Nirma...HLL will ake hits both end of the balance sheet and not jus in margins as was thought of.....

If i were u i wud give HLL a skip even at these levels........

[photon]

Originally Posted by somudada

regardind ace_bubble,
jindal is in serious of being acquired or sold in the next 3 -5 years, it doesn't have the scale, nor the ficus, it'll probably keep it's power business . SAIL is an awesome copmany with a bright future, it's debt/equity is high cos govt rules don't allow it to to offload more equity.tisco & sail will be the one's to watch out for, though i seriously doubt any govt bailout of sail because of lack political fallout.

If i were to choose between TISCO and SAIL. I too would choose TISCO purely because of the fact that it is an Integrated Player

[muks]

hi guys.
ace_bubble man, u had a preety gr8 analysis.the problem being that my fundas r not so developed or maybe i don't had such gr8 vocabulary.quite a few abbrivations went up my head.so plz give full name. will love to participate.
guys, can anyone suggest a good site which give basic fundas fr the market terminology. because i had done a huge blunder in my last post.photon buddy, we had mixed bonus and stock split completely. there is no official reduction in the value of share. whatever the value reduction, it is purely on the basis of increased presence of shares in market.the profit went to shareholders who had purchased the share prior to a fixed date, so later buying won't help anyone. it happens only due to promising future returns.i am surprised why no one has corrected us. sorry nickspeedster .

[muks]

hi
HLL. hmmmm, ya the company is good and has a lion's share of the market.it is also reacting quite speedily to the competition.
but, i'm not that bullish on the company.1st reason being its being too large, an elephant. it won't show any dramatic growth of more than a few percentage which won't excite the indian market. 2nd P&G will give a big fight to it. its new boss is quite agressive.so,again it is no nirma. 3rd, HLL has many more managers and distributors compared to P&G.so,it will have to trim to compete. i doubt HLL to pull some rabbit out of the hat. anyway, i had not done any finantial analysis of HLL.so,no idea bout short term gains.
mux

[photon]

Originally Posted by muks

hi guys.
ace_bubble man, u had a preety gr8 analysis.the problem being that my fundas r not so developed or maybe i don't had such gr8 vocabulary.quite a few abbrivations went up my head.so plz give full name. will love to participate.
guys, can anyone suggest a good site which give basic fundas fr the market terminology. because i had done a huge blunder in my last post.photon buddy, we had mixed bonus and stock split completely. there is no official reduction in the value of share. whatever the value reduction, it is purely on the basis of increased presence of shares in market.the profit went to shareholders who had purchased the share prior to a fixed date, so later buying won't help anyone. it happens only due to promising future returns.i am surprised why no one has corrected us. sorry nickspeedster .

Wait...wait am totally confused snan bhai can u help us out?
As an investor the only difference i could feel was that for a stock split the face value of the share also goes down. Rest all is same. What happens on the company's books; snan might be able to answer.

[nickspeedster]

In case of the Infy issue, anyone who has one share on the specified date( I think it is 5th July for this one), will get three more shares with the value of each share becoming one-fourth of the original.

I accept the mistake I did in my last post but I am sure that you are eligible for the bonus issue even if you buy today and keep the share till that date.

[ace_bubble]

jindal is in serious s*** of being acquired or sold in the next 3 -5 years, it doesn't have the scale, nor the ficus, it'll probably keep it's power business .

Jindal companies are flagship of OP Jindal group. Its a kind of diversified group not as TATA's , but still its worth is 2 Billion dollars

Lets come to the merger part
JISCO and JVSL are to be merged with the books transferred to JISCO (ther want to merge the steel business)
Now JVSL is not doing good and the merger has some legal issues as JSVL thru its another company owns lots of money to a German firm + some tax related screw up also has occured.

Now even we just add the book value of the shares
JISCO = 197
JVSL = 2
Total = 199
So I said price of 200 is great !!!!

the power company is JSPL which is doing great (but I was not discussing that )
ROE = 41.2%
NPM = 22.9%

TATA Power
ROE = 12.6%
NPM = 12.4%

If i were to choose between TISCO and SAIL. I too would choose TISCO purely because of the fact that it is an Integrated Player

Tisco trades at 400+ where as SAIL at 30+ (Give some chance to SAIL as it has started making profits)

guys, can anyone suggest a good site which give basic fundas fr the market terminology

equitymaster.com
indiainfoline.com
finance.yahoo.com

As an investor the only difference i could feel was that for a stock split the face value of the share also goes down. Rest all is same. What happens on the company's books; snan might be able to answer.

I can also give answer
Nothing happens to company books ..
Its remains the same ie there is no change in the stockholders equity

cheers

[muks]

ace_bubble wrote:

I can also give answer
Nothing happens to company books ..
Its remains the same ie there is no change in the stockholders equity

ya ,the company's books are not affected. i.e total of reserves+equity is constant but their % in total gets changed.look at snan's post.

anyway, after photon's and nickspeed's posts, i too am quite confused.PLZ SOMEBODY HELP. tried searching on net but no use.but i am quite sure about my defination of bonus.
ace bhai, indiainfoline doesn't give theory on fundas.i need 1 that gives.also pls explain NPM,CR,ICR,BV/share.looks greek to me.

[ace_bubble]

Originally Posted by muks

ace_bubble wrote:

ya ,the company's books are not affected. i.e total of reserves+equity is constant but their % in total gets changed.look at snan's post.

anyway, after photon's and nickspeed's posts, i too am quite confused.PLZ SOMEBODY HELP. tried searching on net but no use.
ace bhai, indiainfoline doesn't give theory on fundas.i need 1 that gives.also pls explain NPM,CR,ICR,BV/share.looks greek to me.

Research the sites I gave in my last post carefully they have many sections .. some that give fundaas too

other sites are
investopedia.com
biggenrsinvest.about.com

btw
NPM = Net Profit Margin
CR = Current Ratio
ICR = Interest Coverage Ratio
BV = Book Value

cheers

[muks]

just finished searchind net.can't find the basic definition of bonus . is the net so unequipped or am i searching wrong?
mux