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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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My View in Outlook Business on the Diageo Offer to United Spirits Shareholders

Client & Friend (Some Clients become Friends & Some Friends become Clients !…remaining Friends is the Test !) just called to tell me this has appeared

My View in the latest edition of ‘Outlook Business’ of May 24,2014 on the Diageo Offer to United Spirits Shareholders 

😳 they’ve used an archive photo of mine !…the paunch has gone…am 20 kgs lighter….and much younger !  😀

Cheers !

Starbucks to serve Beer & Wine too now in USA…India maybe later!?

🙂  Soon Starbucks will be serving Beer & Wine after 4 pm ….in USA

😀 Would that roll out over the years to India too ! giving full meaning to their JV Partners and listed Tata Global Beverages !?

🙄 Mixed Feelings if this really happens !…as I currently sit right above Starbucks’  first outlet in India in South Mumbai near the BSE and this would probably lead to on increase in the frequency of Clients visiting ! and our Entertainment Costs increasing too ! 😉

Visualise this……

Starbucks Cafe & Pub ~”A Glass of Beer,Please” ~”.that will be Rs 750 Sir”~”I don’t want the 👿  Bottle” ~ Sir,the Bottle will be Rs 2500 🙂 ~”Oh!” 😳

😛 Anyone for Tea or Coffee ….or Beer or Wine ? ….or Tata Global Beverages for the Long Term @ Rs 141 ?

TAP GAP Poser End 2013 ~Which Indian Company Will Be A Big Share Price Winner In 2014?

Response Momentum is gathering some speedSo far we have had these interesting  Eleven Stock Recommendations for 2014 from Six People…Thanks Guys

Interestingly No Tata or both the Ambani Brothers Group Companies so far….nor Real Estate really…or Pharma or Export Oriented or Banking PSUs or Oil & Gas !

Come on all of you out there ! ~ need some more acceleration to this TAP POSER that was posted on December 19,2013

TAP GAP Poser end 2013 ~Which Indian Company will be a Big Share Price Winner in 2014?

Thursday, December 19th, 2013

You can respond on the above post of December 19,2013 like the ones below have done  or even on this one

Request that Response carry the  Current Market Price Recommended at and also Target if you can give one for 2014…..or else I have to do some homework and take the weighted BSE average for the day as the Recommended Price on the day you have recommended or an earlier date if the Response came in on a Holiday like December 25,2013 ~ and this can be quite volatile like Delta Corp…opened at Rs 101 on December 23,2013,hit a high of Rs 108 before closing at Rs 107 with a weighted average of Rs 105

So far we have had these interesting  Eleven Recommendations from Six People…Thanks Guys

Sr

From

Scrip Recommended

On

Investment Price in Rs

Target Price in 2014

1

Sumit Khanna

United Spirits

19/12/2013

2658

Stated

3400

Stated

2

Rohit

Delta Corp

23/12/2013

105

BSE Weighted Average Assumed

Not Stated

3

Sameer

Yes Bank

24/12/2013

378

BSE Weighted Average Assumed

Not Stated

4

Sameer

Bajaj Corp

24/12/2013

221

BSE Weighted Average Assumed

Not Stated

5

Sameer

Adani Port

24/12/2013

161

BSE Weighted Average Assumed

Not Stated

6

Sameer

Adani Power

24/12/2013

39

BSE Weighted Average Assumed

Not Stated

7

Anand

YBrant Digital

24/12/2013

7

BSE Weighted Average Assumed

Not Stated

8

Prasad

GMR Infrastructure

25/12/2013

24

BSE Weighted Average Assumed

Not Stated

Prasad

IFCI

25/12/2013

25

BSE Weighted Average Assumed

Not Stated

 10

Prasad

IDFC

25/12/2013

107

BSE Weighted Average Assumed

Not Stated

11

NSri

Deccan Gold Mine

25/12/2013

22

BSE Weighted Average Assumed

Not Stated

 

 

Khoday @ Rs 66 ~ Delisting by Serving an over diluted Peg at just Rs 75 to Shareholders !? Value is much More because of Real Estate !?

Upfront Disclaimer : Neither My Family nor I have ever owned Khoday India Shares and don’t know of any who have or do, except perhaps RR ,a blog reader and pretty well informed and savvy investor too,  who conveyed in a private email his dismay and disgust on what Khoday is upto ~ he may be justified and has prompted me to go deeper and post this Blog as a result ~ it is not intended to offend anybody or entity and there is no bias or vested interest involved  and should therefore be read as an attempt to put forth the facts and arguments and perceptions so that Investors understand the Risks of Investing in such Companies like Khoday India   

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Khoday @ Rs 66 ~ Delisting by Serving an over diluted Peg at Rs 75 to Shareholders !?

Minority Shareholders believe that the Value is much more because of Real Estate Interests that are not being disclosed or have been moved away from the company at low values !?

Overview

Khoday was set up in 1965 as a Private Distillery by the Khoday Family .It went Public and got listed in 1986 on BSE,Bangalore and Madras Stock Exchanges.In 1992 the name was changed to the current name of Khoday India Ltd

It’s Registered and Operating Office is in Bangalore.K L Ramachandra is the Chairman and  K L Srihari is the current Vice Chairman & Managing Director .Both are Third Generation Khodays and their Sons & Fourth Generation are on the  Board too ~ Fifth GenNext is also being Groomed

Interestingly,apart from Nominal Sitting Fees ,no Khoday Family Executive or Non Executive Director has taken any Remuneration in FY 12 and none has been provided ! ~Come On ! they cannot be working for free !

It’s not paid any Dividend for the past five Years and performances have been pretty flat ~ Ironically Dividend too died  from the Financial Year  2007 when  the Khoday Head L Narayanasa Khoday too passed away ~In fact there were Losses in three consecutive FYs 08-11 and even in the 9m FY 13

It owns the well known Premium Brands of PeterScot and Red Knight in the Indian Made Foreign Liquor (IMFL) Whisky Segment .In FY 12 Liquor Sales were Rs 292 crs and yet Khoday made a Loss in this Segment !

However it’s Forays into Real Estate Development had perked up substantial Interest in the Company and had even raced the Share Price to a High of Rs 425 in August 2007 from a low of just Rs 37 in January of the same year !

There has been some infighting in the Khoday Family with  an estranged daughter in law and her two children claiming  their share in the Family Property ~ Court has made some observations read more

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