One of the reader has asked which Nemish Shah RJ is talking of, whom he respect as an investor.
Well, first we will look at some big investor who invest big and make money also big.
1)Rakesh Jhunjhunwala( we all know him)
2)Ramesh Damani( comes frequently on CNBC and speaks his view)
I have big respect for both of them.Even though Rakesh do not speak on where he is investing, he atleast comes out and speak on how market will do and that helps us immensly in taking decision.
Ramesh Damani is a gem of a person who not only comes on CNBC to speak on market course but also comes on Money Control site for chat on every tuesday at 4 pm to give answers of queries of his followers as well as gicving some new ideas on stocks.....that is a very wonderful thing he is doing.A person of Ramesh Damani stature is coming to people and share his ideas is very big thing.
3)Ramdeo Agarwal(Motilal Oswal, known for his pick of Hero Honda)
4)JayKumar
5)Atim Kabra(HNI)
Now I will be writing 2 more names one whom Rakesh always speaks about , but one has never seen him anywhere and he is RKD, known as Radhe Kishen Damani.He is also known as Old Fox and also known as person in White and White as he always wear white cloths.
Rakesh says RKD is his mentor.RKD taught him how to trade.
If some one can see the video of Rakesh speaking, on his 50 years, we see his brother speaking for him, his sister speaking for him , then his close coiterie Utpal Steh speaks, His close freind Lashit Goel speaks and then one can see RKD speaks for him as well and he comes 2-3 times to speaks on Rakesh and that is the only time RKD has come on TV......He came on for the first time ......
Now coming to ramesh query, which Nemish shah Rakesh was talking.
There are Nimish Shah of Fortune Capital, Nimesh shah of ICICI and Nemish Shah of Enam Sec.There must be others as well but I know these 3 ofcourse not personally.
Now Whom Rakesh is referring whom he respect as Nemishbhai Shah is tyhe owner of Enam Sec.Actually,Manu Manek, brother of Vallabh Bhansali and Nemish Shah started Enam sec in around 1980.Manu Manek was the mentor of Nemish Shah just like RKD is the mentor of Rakesh.
The name Enam came from first two word of Nemsih viz: NE but they made it E first and N second viz:EN, so was Manu,Viz: MA again same, alter it as AM.....means ENAM.......
Nemish Shah is Media shy and never comes on TV.I can say that both RKD and Nemish shah must be of same age....57-58....
The only time I saw Nemish Shah in a picture was in Harshad Mehta time in Business India Magazine with Harshad hand going round on Nemish Shah shoulder and both standing side by side......
So, the Nemishbhai whom Rakesh is respecting as an investor is the Nemish Shah of Enam Sec .......
I hope these clarifies who is who.......
Your punch line should be:
ReplyDeleteMy name is Desai....Rajeev Desai ala James Bond, for digging out the mystery.
Cheers !
Could anybody tell me a blog where author writes post on just some comment.
ReplyDeleteIs there anybody who gives this much attention to blog followers
HATS OF to Mr.Rajiv Desai.
Here are few more
Sanjoy Bhatacharya
Parag Parikh
Chetan Parikh
Sandip Sabarwal
Prakash Jain(best mutual fund manager)
HI Rajeev,
ReplyDeletesome 2007 news shows nemish bullish on biofuel and invested in IKF Technologies. As you are already tracking IFK, do u know anything about current status between IKF and Nemish.
Once Charlie Munger had said, "ethanol is stupid idea as it costs more to create fuel". But RJ made huge money in Praj Industries. Thats CONFUSING!!!!!!!!!!!
Generaly all big fish of indian stock mkt name is start with R letter
ReplyDeletelike
RakeshJhunjhunwala
Ramesh Damani
Radhe kishan Damani
RAM DEO AGRAWAAL
and
RAJEEV DESAI
amazing..this simple shows RD's passion..without knowing them personally..he knows this much..amazing..even we are fortunate to know all this..thanks RD
ReplyDeleteUFlex Current market price 143, Look very promising
ReplyDeleteDD Sharma, head of research, Anand Rathi Securities, regarding Uflex 6 May 2010.
we have identified one very interesting stock idea in the midcap segment. This is the Uflex Company. Uflex is a fully integrated comprehensive flexible packaging company. This company makes the flexible packaging from as low as polyester chips. They make polyester chips, polyester film, BOPP film. They quote, materialise and print it and they make the packaging machinery also and finally pack the products for the FMCG companies.
So it is catering to the FMCG industry which is recession proof and that is why this company even grew during 2008-2009 when most of the companies suffered and this company grew by 70% in bottom line terms in 2008 and 2009 also. It is highly undervalued stock and this is not a really very small stock. It is quite a big company. It had 2000 crores turnover last year. This year also they are likely to report more than 2000 crores turnover and they are expanding very well.
Valuations wise, the company is likely to report consolidated earnings of around Rs. 32 to Rs. 35 in FY10 and in my view looking at the expansion plans they are having the new capacities commissioned in Mexico and Egypt, this company is likely to report a turnover of 2500 crores in FY11 and EPS of close to Rs 50 in FY11 and yet the stock is available at around Rs 121-122 which is highly undervalued because it is market leader in flexible packaging in not only in India, in Asia. Therefore, it deserves a better rating or better valuation.
I do not see any institutional investor interest in this stock. No institution seems to be really owning this stock. Is this just an undiscovered gem?
Maybe it is undiscovered and that is the proposition I am looking for. Right now its market cap is around Rs 800 crore. Once the market cap crosses Rs 1000 crore, then this stock will come into the radar of many funds and institutions and then they will find that this company which is into a recession proof industry which is has a sizable turnover, sizable profit and highly undervalued. Tthen it may be re-rated by the market and in that case, a discounting of 10 times for this company is very much possible. In that case in next 12 to 24 months, this stock may double or even quadruple.
I wouldlike to point out some more observation. One is that company's domestic operation is located in Noida wherein they have significant surplus land also and land cost in the Noida Sector 4 is close to Rs 1 lakh per square meter. So valuation of this land alone where their plant is situated is more than Rs 800 crore whereas company's market cap right now is Rs 800 crore. So that will give additional push into the stock price for downside. So downside protection is significant means risk-reward is fantastic, your downside is very low and your upside is significant.
This is again excellent talk - http://economictimes.indiatimes.com/videoshow/6269871.cms
ReplyDeletenirash,
ReplyDeleteUflex is an excellent multibagger stock to own...that is what I will write....it is a buy at this rate.....but for LT
Hi everyone,
ReplyDeleteJust want to include one more name of analyst who dont come on CNBC but on zee business/UTVi.
He is totally underestimated analyst.
But his recommendations during recessions ARE NOW HUGE MULTIBAGGERS.
When everyone was selling Satyam in panic at 20-30, he was the only one analyst on TV to recommend to HOLd Satyam.
During recssion when everyone was asking to stay away from huge debt Tata motors, He recommended Tata motors at Rs.150. Look at his recommedations of quite unknown BGR energy at Rs.120 (now Rs.800). LIC Hsg at Rs200 (now Rs.1200)
He views are different from so-called analyst but last 2 years proven his GREATNESS.
I am not advertising him but I have seen giving him great advices on TV altough he gets little excited while giving advice.
Person is "Rajesh Tambe".
Track him now at
http://rajeshtambe.com/
Dont misunderstand that some follower of rajesh tambe trying to advertise his website. I have no relation with him But I have seen his great advices on TV so thought I should share his information with u which will increase your SOURE Of INFORMATION.
Rajeev,
Rajesh Tambe certainly deserves space in above list of good analyst
Yup he is a good analyst
ReplyDeleteHI RAJEEV
ReplyDeleteNICE POST..EXCELLENT KEEP IT UP....
YOU SAID THAT YOU SAW THE PIC OF NEMISH SHAH IN A BUSINESS MAG WITH HARSAD MEHTA...CAN YOU SHARE THAT PIC WITH US....ITS A REQUEST....
Hi Bhushan,
ReplyDeleteThat was way back in early ninties and it is hard to find a copy as there was no computer I was possessing at that time.
That was a big time when HM turned the table against BEARS of that time and I have many stories in my memories from horses mouth what happened at that time when HM annihilated those bears of that time.The only thing is I can't write it here or anywhere.
But what I will write is HM just massecared those BEARS.It was like paying BEARS in their own way they did with any BULLS who tried to go against them....I somewhere have written such post in past.....here at my blog.....
Bhushan,
ReplyDeleteBTW whatever people think of Harshad Mehta, I am great admireror of HM.People or readers may not like it but that is my way of thinking.
HM got money from bank in wrong way but that was the only way it could have done to teach the lesson to BEARS of that time.
He exaggarated his trades and that end in his downfall as BEARS got to know from where he is getting the money but I still have great respect for him for whatever he did to the BEARS Cartel of those yrs.
These BEARS were actually so powerfull that our market never had a BULL run for any given time untill Harshad Mehta came to the horizen.BEARS use to play at will and not let any BULLS to move the market even though Cos will make excellent profit.......it is a long long story and as I said I have written it here in past.....
Hi Rajeev
ReplyDeleteTHANKS for your quick & superb reply..I also respect HM a lot as he was also from Kandivali (Mumbai),the only negative was that he used his brilliant mind in wrong ways to earn money...I completely..Residents here always talk about HM in good way & also warns the beginners about downside of using mind in worng way....By the way I found this article here hope you can throw some light on this - http://bhavikkshah.blogspot.com/2009/05/stock-exchange-ambanis.html
Anyways thanks for you reply