Archives: 2008 April
Business scalability
April 27th, 2008, No Comments
I received the following question from rathin and thought that this a good question which cannot be answered in a short comment. Hi Rohit, Can you elaborate more on “Business scability”…Rakesh JhunJhunwala emphasises on that… Can you also give one practical example of a company?? Rakesh Jhunjhunwala empahsizes the term ‘business scalability’ a lot in [...]
What is Intrinsic value ?
April 23rd, 2008, 1 Comment
In all my posts on investment ideas, I typically refer to the instrinsic value of the company. The definition and concept is deceptively simple, application takes a lifetime. What is intrinsic value – It is the total free cash flow the company will produce from now to closure of the firm. Discounting these cash flows [...]
Change of wind
April 18th, 2008, No Comments
US is in recession, Rupee is going to appreciate, wage cost is increasing, IT industry is doomed over,gone ..ok I am exaggerating. This was roughly the view just 1 month back. I was running a few filters around that time, a lot of IT midcaps came up in the list. Some of these companies were [...]
NIIT Tech – Few additional points
April 13th, 2008, No Comments
There has been quite a lot of discussion on this investment idea. You can check the comments for that. A few key points in the valuation of the company are as follows. I have uploaded the valuation (valuationtemplatev3NIITtemp.xls) based on the factors below in google groups. Please note that this is a rough back of the [...]
Analysis – NIIT Tech
April 9th, 2008, 17 Comments
Note: The analysis below is dated end of march – beginning of april. The stock has had a major jump since I started analysing the company. In interest of disclosure, I have a position in the stock. So please take this as a biased analysis. In addition I do not know if the jump in [...]
Prof Greenwald’s valueinvesting talk
April 4th, 2008, 1 Comment
Prof Bakshi co-hosted a valueinvesting talk by Prof greenwald and has uploaded the presentation on his website here I have read prof greenwald’s book on competitive analysis twice and have found his book very useful. You can see the usage of the concepts in my valuation templates too. My notes on the presentation – A [...]
