Today also green.

keeper · 1 Today also green. Fri Jan 10, 2014 6:27 pm

keeper

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PAP not ready to yet for green,Why?

dhanurrox · 2 Re: Today also green. Fri Jan 10, 2014 7:51 pm

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We waited for the bull run,Every share will have it's time.Be patient without complaining.

Antonym · 3 Re: Today also green. Fri Jan 10, 2014 7:58 pm

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dhanurrox wrote:We waited for the bull run,Every share will have it's time.Be patient without complaining.

There is an old market adage: "A rising tide lifts all boats", which implies that all shares will rise in a strong market. (Incidentally the expression is often attributed to the legendary investor Warren Buffett but it actually originates from John F Kennedy, who used the saying to describe general economic upswings.)

However, the fact is that a rising tide does not necessarily lift all boats. So, follow a 'bottom up' approach to stock-picking. Select your investments wisely.

How can you invest like the experts?
There is no right or wrong way to select shares - each investor has his own style and it is important you adopt an approach you are comfortable with. However, many successful investors have three things in common:
1. A disciplined investment approach
2. A long-term investment strategy
3. A focus on high quality businesses with enduring business models

(Excerpt from Hargreaves Lansdown website)

mark · 4 Re: Today also green. Fri Jan 10, 2014 8:40 pm

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hurray anto is back Smile

Now tell me exit price for CIT

Smile

you are the master in cit and cfi ne Smile

Antonym · 5 Re: Today also green. Fri Jan 10, 2014 8:57 pm

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mark wrote:hurray anto is back :)Now tell me exit price for CIT

you are the master in cit and cfi ne

I don't have any CFI, machang... Still holding on to CIT and hoping for the best!

The fortunes of CIT are linked to the performance of CFLB & others. My average cost is Rs 164 and I would be happy to hold on until it gets back above that level. (Also see The Alchemist's recent post regarding CIT & CFI.) The prevailing lowered interest rates should help the CFLB group, which has a fairly high debt level.

The Alchemist · 6 Re: Today also green. Fri Jan 10, 2014 10:02 pm

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Antonym wrote:

mark wrote:hurray anto is back :)Now tell me exit price for CIT

you are the master in cit and cfi ne

I don't have any CFI, machang... Still holding on to CIT and hoping for the best!

The fortunes of CIT are linked to the performance of CFLB & others. My average cost is Rs 164 and I would be happy to hold on until it gets back above that level. (Also see The Alchemist's recent post regarding CIT & CFI.) The prevailing lowered interest rates should help the CFLB group, which has a fairly high debt level.

Taking into consideration past price performance between CIT / CFI & CFLB (during 2010-2012), the NAV of CIT/CFI and the intrinsic discount it trades to its NAV, CIT should trade minimum 5 times CFLB Price and CFI should trade Rs 15-20 below CIT price. also remember this formula steeply discounts the CIT/CFI Market Price to NAV proposition.

As CIT is below the threshold 20 % Free Float requirement, one way to overcome this may be to merge with CFI by offering (new) CIT shares to the existing minority CFI shareholders, as it owns over 40 % in CFI as of now. (I have not done the math on this one yet - just a hunch as it would be killing two birds with one stone - free float requirement and merger making sense as we discussed earlier).

Backstage · 7 Re: Today also green. Fri Jan 10, 2014 11:54 pm

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aking into consideration past price performance between CIT / CFI & CFLB (during 2010-2012), the NAV of CIT/CFI and the intrinsic discount it trades to its NAV, CIT should trade minimum 5 times CFLB Price and CFI should trade Rs 15-20 below CIT price. also remember this formula steeply discounts the CIT/CFI Market Price to NAV proposition.

So selling CFLB at 30 and buying CIT below 150 makes sense right ? CFLB though is easier to exit , CIT buyers vanish for months at times.

Hi Anto, are you following CFVF ? If so any idea of impact of the rate cuts ? I am targeting 24 , but its sheer guesing. Would really apreciate to see a qualified opinion on this.

mark · 8 Re: Today also green. Sat Jan 18, 2014 8:01 am

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The Alchemist wrote:

Antonym wrote:

mark wrote:hurray anto is back :)Now tell me exit price for CIT

you are the master in cit and cfi ne

I don't have any CFI, machang... Still holding on to CIT and hoping for the best!

The fortunes of CIT are linked to the performance of CFLB & others. My average cost is Rs 164 and I would be happy to hold on until it gets back above that level. (Also see The Alchemist's recent post regarding CIT & CFI.) The prevailing lowered interest rates should help the CFLB group, which has a fairly high debt level.

Taking into consideration past price performance between CIT / CFI & CFLB (during 2010-2012), the NAV of CIT/CFI and the intrinsic discount it trades to its NAV, CIT should trade minimum 5 times CFLB Price and CFI should trade Rs 15-20 below CIT price. also remember this formula steeply discounts the CIT/CFI Market Price to NAV proposition.

As CIT is below the threshold 20 % Free Float requirement, one way to overcome this may be to merge with CFI by offering (new) CIT shares to the existing minority CFI shareholders, as it owns over 40 % in CFI as of now. (I have not done the math on this one yet - just a hunch as it would be killing two birds with one stone - free float requirement and merger making sense as we discussed earlier).

Thanks sooo much dear anto and alchemist Smile

Yet no move in CIT or CFI even CFLB moved from 27 to 31.50. Seems someone on the selling.

@anto- i also have CIT at avg 101, ill wait for another week and sell off if not make a move.

Backstage · 9 Re: Today also green. Sat Jan 18, 2014 5:36 pm

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mark wrote:

The Alchemist wrote:

Antonym wrote:

mark wrote:hurray anto is back :)Now tell me exit price for CIT

you are the master in cit and cfi ne

I don't have any CFI, machang... Still holding on to CIT and hoping for the best!

The fortunes of CIT are linked to the performance of CFLB & others. My average cost is Rs 164 and I would be happy to hold on until it gets back above that level. (Also see The Alchemist's recent post regarding CIT & CFI.) The prevailing lowered interest rates should help the CFLB group, which has a fairly high debt level.

Taking into consideration past price performance between CIT / CFI & CFLB (during 2010-2012), the NAV of CIT/CFI and the intrinsic discount it trades to its NAV, CIT should trade minimum 5 times CFLB Price and CFI should trade Rs 15-20 below CIT price. also remember this formula steeply discounts the CIT/CFI Market Price to NAV proposition.

As CIT is below the threshold 20 % Free Float requirement, one way to overcome this may be to merge with CFI by offering (new) CIT shares to the existing minority CFI shareholders, as it owns over 40 % in CFI as of now. (I have not done the math on this one yet - just a hunch as it would be killing two birds with one stone - free float requirement and merger making sense as we discussed earlier).

Thanks sooo much dear anto and alchemist

Yet no move in CIT or CFI even CFLB moved from 27 to 31.50. Seems someone on the selling.

@anto- i also have CIT at avg 101, ill wait for another week and sell off if not make a move.

Mark CIT at 101 av is great. If you can hold for a couple of years ,you could get 400 to 500 %. Its that type of a share.

Slstock · 10 Re: Today also green. Sat Jan 18, 2014 6:20 pm

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Mark , holding for that long is somethign I like to see :-)

.

Backstage wrote:

mark wrote:

The Alchemist wrote:

Antonym wrote:

mark wrote:hurray anto is back :)Now tell me exit price for CIT

you are the master in cit and cfi ne

I don't have any CFI, machang... Still holding on to CIT and hoping for the best!

The fortunes of CIT are linked to the performance of CFLB & others. My average cost is Rs 164 and I would be happy to hold on until it gets back above that level. (Also see The Alchemist's recent post regarding CIT & CFI.) The prevailing lowered interest rates should help the CFLB group, which has a fairly high debt level.

Taking into consideration past price performance between CIT / CFI & CFLB (during 2010-2012), the NAV of CIT/CFI and the intrinsic discount it trades to its NAV, CIT should trade minimum 5 times CFLB Price and CFI should trade Rs 15-20 below CIT price. also remember this formula steeply discounts the CIT/CFI Market Price to NAV proposition.

As CIT is below the threshold 20 % Free Float requirement, one way to overcome this may be to merge with CFI by offering (new) CIT shares to the existing minority CFI shareholders, as it owns over 40 % in CFI as of now. (I have not done the math on this one yet - just a hunch as it would be killing two birds with one stone - free float requirement and merger making sense as we discussed earlier).

Thanks sooo much dear anto and alchemist

Yet no move in CIT or CFI even CFLB moved from 27 to 31.50. Seems someone on the selling.

@anto- i also have CIT at avg 101, ill wait for another week and sell off if not make a move.

Mark CIT at 101 av is great. If you can hold for a couple of years ,you could get 400 to 500 %. Its that type of a share.