Saturday, July 12, 2014

CAPITAL FIRST LTD - MUST BUY














If we prepare an industry wise list of listed companies ,no doubt Financial Service Sector will be at the top by number .At the same time if the list is based on quality of promoters the same sector will be always at the bottom.Lot of bogus paper companies without any business operations are listed in our stock exchanges especially in BSE from this sector.So selecting a quality company from this sector warrant a close screening of its promoters integrity,executives quality  and the standard and professionalism  of its governing board etc ... 

So far I recommended very rarely from this sector and the only  recommended stock from money lending business ( excluding housing finance)  – Cholamandalam Finance – already turned as a five bagger ( Recommended @ Rs.82 , touched a high of Rs.445 and currently trading @ Rs.405 Rec. Link HERE) . After a long gap ,recommending one stock from this sector which I believe as a stock with immense potential and led by quality management by all means .

Capital First limited – ( formerly known as Future capital Holdings)  came out with an IPO in 2008 and allotted shares at a price of Rs.765 per share.This company was originally promoted by Future group of Biyani’s .Later future group had lot of debt related issues mainly in their flagship – Pantaloon retail business.Due to this ,future group decided to exit from this company and same acquired by US based private equity investment firm  Warburg Pincus.Since this  company’s business is simple and similar in line with  other NBFC’s , I don’t think much explanation is needed about its business side .Why this company is special to me and what distinguishing it from other companies from the  same sector is –the people behind it.Before looking into this  important factor ,just few lines about its business. Company is an NBFC offering personal loan,Loan for consumer durables,gold loan,two wheeler loan,loan against property and distributing various insurance products.CAPF is present in 40 cities through its 164 branches . As on 31 March 2014 , assets under management (AUM) of company increased to  Rs.97 billion from Rs. 75.10 billion compared with just previous year and capital adequacy ratio  is healthy at 24 %. Due to management’s prudent decision to concentrate in retail lending , its gross NPA is just 0.45 %  and net NPA is only 0.08 % .This is one of the best among any listed NBFC’s. CAPF recently received license to start housing finance business through its subsidiary Capital First Home Finance Private Limited and it is expected to contribute from this year itself .
 
The real Differentiators

As I mentioned at the beginning itself , while selecting a stock from NBFC sector for investment purpose there is lot of options in this space.But if we look in detail ,many of them are only for name sake and quality wise very few companies deserves a serious look .Quality of people behind any company will surely reflect in quality of business.So let us look behind the curtain to get an idea about the people behind it . 

First of all , For a business like NBFC , promoters ability to infuse funds is core point for business growth . CAPF is currently owned  by one of world’s largest and most reputed  US based private equity investment firm Warburg Pincus through its affiliate Cloverdell Investment Ltd. Warburg Pincus’ AUM is about $48 billion and invested in more than  700 companies in 35 countries.I think ,with such  a strong hand behind it , fund raising for expansion is not at all an issue for CAPF. Promoters currently holding about 72 % stake in CAPF . In addition to this ,recently HDFC Standard Life Insurance Company Ltd infused Rs.50 Cr by subscribing a 4% stake in this company.

 
 
In a business concentrating in financing retail clents , experience and expertise of leader is another important factor.MD of CAPF Mr V. Vaidyanathan is the best choice for this position.Mr .Vaidyanathan  need no introduction to banking and finance circles in India .He started his career with Citibank India Consumer Banking Division in 1990 and worked there till 2000 .Later he moved to ICICI Bank and appointed as Executive Director on the Board of ICICI Bank at the age of 38. He was also the Chairman of ICICI Home Finance Co. Ltd., and served on the Board of ICICI Lombard General Insurance Company and CIBIL.During his tenure with ICICI Bank he played  key role in Senior Management responsible for transition of ICICI from a Domestic Financial Institution to a Universal Bank. He launched the Retail Banking Business for ICICI , and transformed it into a large retail bank  in the country. He also built the SME business and Rural Banking Business for ICICI Bank.During his tenure ICICI received many awards including "Best Retail bank in Asia 2001", "Excellence in Retail Banking Award" 2002, "Best Retail Bank in India 2003, 2004, and 2005 from the Asian Banker", "Most Innovative Bank" 2007, and was nominated "Retail Banker of the Year" by EFMA Europe for 2008 and 2009. Whoever take the credit ,I believe ,Vaidyanathan is the master brain  who  make ICICI bank  as one of the top retail bank in the country . From May 2009 to August 2010 he served as the Chief Executive Officer and Managing Director of ICICI Prudential Life Insurance Company.The then promoter of CAPF Mr,Kishore Biyani brought Vaidyanathan into CAPF in 2010 .Leadership of such an experienced retail banker is one of the biggest asset of CAPF .







        LATEST INTERVIEW WITH V VAIDYANATHAN   Video - 6 Min . ( Courtesy : CNBC TV 18)




Let us look into the board of CAPF which consists only top class professionals. Their brief profile as follows
Mr. N. C. Singhal – Former VC & MD, SCICI Ltd. (Later  merged with ICICI Ltd.)
Mr . M S SUNDARA RAJAN - Former Chairman & MD, Indian Bank
Mr .ANIL SINGHVI - Former MD & CEO, Ambuja Cements Ltd
Mr. HEMANG RAJA - Former MD & CEO, IL&FS Investmart Ltd.
Mr VISHAL MAHADEVIA - MD & Co-Head, Warburg Pincus India Private Ltd
Conclusion
After some difficult period under the Future group ,CAPF is now moving to the high growth path .Company reported an income from operations of Rs.1067 Cr and a net profit of Rs.53 Cr in FY 2014.In a recent interview MD of the company mentioned that the company's  profit will expand substantially  in FY 2015 compared with what it achieved in FY 2014. . In nut shell – there is everything in this company to emerge as one of the most successful NBFC in future and Capital First  is my top pick and a must buy from NBFC sector for any small/mid cap portfolio.Stock is listed in both exchanges and trading around  Rs.204.


Suggested Readings 



3) Exit of Vaidyanathan - Video 

4) Latest Annual Report for FY 2013-14

Disc: It is safe to assume that I have vested interest in CAPF
# Part of above data re-produced from publicly available sources.


162 comments :

  1. Wow yet another multibagger frm value pick sir.....thanks a ton...ur confident words mean a lot...
    Sirji plz advice regarding ROLTA...it also provide military assissted softwares...
    Sirji why very little is known bout u....wat is ur real name...

    ReplyDelete
    Replies
    1. I am skeptical about the promoters of Rolta,hence no comments.

      About me ? - I believe content is important than personal publicity .Pls excuse :)

      Delete
    2. Thank u sir
      Everyone knows ur best at research n finding gems with indepth details...but ur wittiest replies i like the most...
      Sir if one ever wish to meet u ,is it possiible...it would be dream come true ....super fan of yours...ur super idol...very few would b there to think of others....
      God bless u...

      Delete
    3. Sir. You know who are blessed by God?
      The answer is "You and your readers"!
      God bless you.

      Frankly Speaking,
      Abhinav

      Delete
  2. I totally agree with your views.Investment in NBFC will be the best for future.

    ReplyDelete
  3. Hello sir

    What is your view on marico?

    ReplyDelete
    Replies
    1. Marico is most stable n valuable stock in MKT. It will increase slowly but constant. As clinic business is expanding day by day. I think it is a safe stock.
      What's ur view sir.....

      Delete
    2. If you mean the Kaya Skin Clinic business ,it is now not under Marico but with the recently listed Marico Kaya Enterprises.I am not tracking Marico.

      Delete
  4. Thanks sir for this special pick but I can't buy this on Monday as it will on upper circuit as usual .I am reguraly watching your blog but can't any benefit for me due to upper circuits I want to invest in your great picks .now what can I do request please publish your value pick in any mid trading day but not any particular day so your regularly watching investor can buy and invest thanks sir

    ReplyDelete
    Replies
    1. I have explained many times about it .Please don't consider my stock suggestions as 'TIPS' for making quick bucks. You should not jump into it immediately after seeing the name without studying the company but need to check whether the same is suitable according to your risk profile. If you are unable to buy a stock your loss is only notional and you are not loosing any real money .But if you are buying a wrong stock without proper study that will ends in real loss . Even if a stock is very good it will not move only in one direction .At certain level profit booking by early entrants will happen which will offer good entry points . Meanwhile you should prepare with proper due diligence and reach a price upto which level the stock is worth .Then you can use such correction to enter in it .

      If my posing not follow a fixed time ,you will be forced to check the blog in each seconds on the posting day ,and If I post at a fixed time on week day there may not be any significant difference compared with the current situation,but people may jump into it without studying the company suggested.

      Delete
    2. Dear VP,

      It is my understanding that your most valuable efforts are being put to help retailers for long term...however it is my presumption that most of the stocks recommendations are being used by some operators, as the huge volume shows on monday on wards after the stock recommendation by you on Saturday which force small retailers are not able to buy if wish...

      It is very fact that some operators are trading in huge volume after stock recommendation, within a week time or ten days they started to take profit and makes little correction, so It seems that your efforts are being enjoyed by some short term traders... and retail investors like me, we all entering to the stock with higher price as per our own analyse and risk.

      I believe you would prefer investor rather than traders, it is my request that if stock recommendation proposed in weekdays will helpful for investors.

      Again if anybody jump into the stock without analyzing after your recommendation,it can be informed that they would be liable for their all risk..

      I believe this request would be considered....


      Prabhu

      Delete
    3. VP sir, it is a very valuable point that you have made... I have been observing your blog for few months...every time when you have discussed about a stock it jumps to UC, immaterial of the past trend of the stock. So in all cases followers of ur blog like me are unable to purchase at the price indicated in this blog. Having said that those stocks continue in UC and surge upto 20-30%, then profit booking takes place and it gets corrected to 10-15%... looking these stocks as multibaggers purchasing them after this initial run-up correction shouldn't be a problem for investors like me.

      Delete
    4. Yes of course, the recommended stocks can be purchased after corrections as per the individual risk category,,, i have expressed my opinion that VP real investors are being enjoyed by traders rather than intended investors which makes investors are not able to buy the VP recommended price in blog....

      Delete
    5. Friends

      As far as my understanding there is no priority for order execution to traders or investors but only the time of punching orders. .As you are aware ,I can't do anything in this matter and totally out of my control .

      Delete
  5. Good Morning Sir! & thank you very much. Your blog giving lights to lot of small investors like me, I am very happy God bless you for your service. Keep it up…..

    ReplyDelete
  6. Sir your comment on suven life science

    ReplyDelete
  7. Today is "GURU PURNIMA" Sir, You are GREAT GURU for small investor like me. Mera Aapko Pranam...Namskar....Vandan. Jay GURUDEV.

    ReplyDelete
    Replies
    1. Thanks for your wishes and wishing the same to all and your families .

      Delete
  8. Sir please give advice regarding ANDHRA BANK, for which i shall be highly thankful to you sir.
    p.samba siva rao
    Guntur A.P.

    ReplyDelete
  9. Sir what is your view upon orchid chemical is it ready for rerating now .is good buy for multibagger .I thing comming result will turnaround for company

    ReplyDelete
  10. Dear Sir,

    My only issue with this company is promoters selling their stakes, or am i reading this wrong, cos in the recent disclosures, promoters are selling and in the same space I see CAPRI GLOBAL promoters are buying from open market. Could you please clarify which is better Promoter buying or selling?

    ReplyDelete
    Replies
    1. It is your misunderstanding .Promoters are not selling a single share instead they are increasing their stake time to time. The disclosure you are seeing as selling is by few employees who allotted the shares in ESOP and the quantity is very small by each employee. It is not a serious matter in this case

      When the change in promoters took effect in September 2012 , Warburg Pincus stake through Cloverdell Investment Ltd was only 43 % .Now in latest June 2014 quarter it is inching up to the maximum permissible limit and currently close to 72 % . How we can say they are selling ?


      Seeing your comment ,I believe you have some vested interest in Capri Global and not sure whether you are aware about the history of Capri Global.

      Old name of Capri Global was Money Matters and this company and its promoters figured in the multi crore loan scam ( Read detail in the link provided at the end of this reply) . I am not saying price of Capri Global will not move but I don't like to stick with unethical management especially from Financial service sector and not interested to suggest such stocks to my readers who trust me ,even such stocks may make money.

      Read the story below

      http://www.moneycontrol.com/news/cnbc-tv18-comments/loan-scam-who-is-money-matters_501465.html

      Delete
    2. Thanks Sir,

      It was just a query cos I mistook Employee selling as Promoter Selling. And No, I am not invested even a single pie in Capri Global just that you always ask us readers to research a few things on the stocks you recommend and since I use the AxisDirect Demat facility wherein comparison etc are shown, i came across Capri Global that is all...No way shall I doubt your integrity especially with so many multibaggers (if my count is correct more than 80%) for the past few years there is no way I can point fingers....Thanks for the very important input about Capri Global though.

      Please keep up the good work and be the leading lights to many of us as always

      regards,

      Delete
  11. Dear SIr,

    Please give ur view on Gujarat Borosil post election...Hw will the relief in excise duty help the company? Also govt is now keep on focusing on renewable energies in our country.Please please d reply...I have been posting abt this company for a month now still not rec any reply.Thanks in advance

    ReplyDelete
    Replies
    1. Still positive on it and believe company will perform better in future due to more than one reasons.

      Delete
  12. VP ji,

    Capital First, With an eps of 5 and a pe of 40 doesnt it look expensive ? Another NBFC i was looking at is Muthoot Finance but am not able to make a decision.
    Kindly guide me.

    Happy Guru Purnima

    HK

    ReplyDelete
  13. VP Sir plz share your views on ANIL after budjet

    ReplyDelete
    Replies
    1. I could not find anything special in budget for this company .Recommended @ Rs.199 and CMP is Rs.257

      http://value-picks.blogspot.in/2013/02/anil-ltd-buy.html

      Delete
  14. Dear

    Each and every investor following different methods for stock selection.It may be P/E for you and if it is working well you should stick with it.

    For me, It is not the prime concern.I believe ,P/E is helpful to get a picture how a company comparable with its peers in the same industry but it is purely based on the past financial figures .Such a comparison will give some comfort and we will get some indication how much is the risk left on the down side. But it will not give a true picture about its future, In many cases high P/E is an indication of better future too and not only always due to manipulation or so .. .We should consider it on a case to case basis.

    ReplyDelete
  15. Dear VP,

    I would like to know your views on Force Motors. Valuation looks attractive.

    ReplyDelete
  16. Sir, I have 1500 DLF @ 367/- each. What you think about its future prospect. I can hold it for 4-5 year.
    Regards
    Somnath

    ReplyDelete
  17. This is a good one...but wl watch its price movement vis-s-vis nifty in order to enter the scrip....

    ReplyDelete
  18. Wow, good Coincidence for me.... holding Capital First for last 3 months, I would have bought in huge quantity if I ever knew this will be recommended by VPji.
    Never mind, I will forget this stock in my portfolio for at least a year or two as it is recommended by VPji & will be for long term for sure.

    ReplyDelete
  19. Dear Sir,
    I will buy huge quantity. I will hold 1 or 2 years

    Thanks
    M.Yogesh

    ReplyDelete
  20. Sir your view on Alok industries and gati

    ReplyDelete
    Replies
    1. Positive on Gati ,no comments on Alok

      Delete
  21. Dear Sir.
    Whats your view on syndicate bank? I bought it at 175.now trading at 146. do you see a recovery in 2 months time?Your valuable advice please.
    AM.

    ReplyDelete
    Replies
    1. Not able to comment on investing in stocks with fixed time frame.

      Delete
  22. Sir am new to stock market...so am following your stocks for riskfree trading...bt problem is that all your valuepicks are hitting UC on monday ..so am unable to buy this...so can u pls giv some idea to buy this ..as am unaware of pre-open market am unable to put my order..how to catch this stock in pre-open mareket,,,...thank u sir ... -Venkatesh

    ReplyDelete
    Replies
    1. Trading?? Kindly unfollow us.. We will feel happy :)
      This court is only for investors!

      Delete
    2. Not aware about risk free trading .I think ,you are at the wrong place and this blog is intended only for long term investors and not for traders.

      Delete
  23. kindly advice on CAPLIN point @ 264/= it is sell or buy

    ReplyDelete
    Replies
    1. Have you studied the company ? .Why you are asking opposite questions at the same time ? . Stock already appreciated 200 % from recommended level and just 10 days back updated my current opinion . Please avoid queries if the same updated/answered in recent days ,which will help to save time and effort of both of us.

      Delete
  24. Dear sir
    I am immensely impressed by your selfless advice to small investors like us. In this day when ppl donot even talk to u without profit, u r spending valuable time and mine to benefit total strangers
    Hats off. Respects on guru Poornima

    ReplyDelete
  25. DEAR VP SIR PLEASE GIVE AN ADVISE ON TARA JWELS AND SRS LIMITED.

    ReplyDelete
  26. Sir, kindly share your advice on Dr. Agarwal.

    ReplyDelete
    Replies
    1. Already recommended an entry @ Rs.71 and an exit @ Rs.127

      http://value-picks.blogspot.in/search?q=Dr+Agarwal

      Delete
  27. Sir i have asked many times but always being ignored. For this time at least advise on Milton Plastic

    ReplyDelete
    Replies
    1. http://value-picks.blogspot.in/2012/05/two-low-priced-scrips-to-keep-in-your.html

      Delete
    2. Hi VP,

      Through SPV Stressed Asset Stablization Fund constituted by Govt of India hold 12% Stake in Milton Plastics, and the Networth is negative at -21 crores. Do you still see any potential, or room for turn around on this company? Pls clarify, I am interested on this stock because of its strong brand image. Thanks for your valuable input.

      Delete
  28. The way VP expressed his view on stocks are just awesome.Guys the fact is that It's very difficult to ignore even one stock out of four stocks per month.We just getting like each recommendation recommended by Dear VP.For my risk taking capacity,I belive each stock recommended here is worth upto 40 to 45 % up from recommended level to my risk profile.

    ReplyDelete
  29. pls advise for Bombay Dyeing, TV 18, Sona Koyo, HCC long term and short term positions

    ReplyDelete
  30. Dear sir your view on Astec Lifesciences Ltd. can I enter at present rate for long term investment.

    ReplyDelete
    Replies
    1. Stock recently appreciated substantially ,one can consider post consolidation.

      Delete
  31. Hello Sir,

    Please share your views on Kakatiya cement....i hope this comment gets posted....

    Thanks
    Rupali

    ReplyDelete
  32. sir iam holding rolta, suven life sciences and L&T finance. kindly let me know strength and weekness of these shares

    ReplyDelete
    Replies
    1. Not tracking Suven

      Positive on LT Finance but suitable only for long term passive investors.

      Delete
  33. Respected VP sir,

    Buy any chance we can expect turnaround on the below forgeted cos
    MIRC (onida),BPL, Salora international. Please provide ur views..

    Regards

    ReplyDelete
    Replies
    1. Not tracking any of these stocks .Sharp Ind may be better than these names ,but since it changed its business model recently one may wait few more quarters to enter in it .

      Delete
  34. Dear VP ji good morning n have a good day, sir I am hoping that this time you will show my querry in ur blog, pl post as I am trying again & again it doesn,t get post in ur blog. This time sir pl consider my querry. Thanks in advance.
    Please update about your recommended pic " Jain Irrigation System Ltd"....
    1. What could be impact of Budjet FY 15 to this comp.?
    2. What could be the impact of deficient monsoon in india to the incoming Qtly results of the comp..?
    3. What is the impact of company performance due to its unique business model itself (If not considering budjet and Monsoon).
    4. Pl comment for last steep correction of stock CMP inspite of good fortune of incoming Qtly performance due to deficient monsoon benifit.
    Sir I request to you pl update share your important view about my querry, I shall be highly thankful to you always and many other small investors too.
    Thanks pl reply sir.

    ReplyDelete
    Replies
    1. Query on Jain irrigation replied below the just previous posts

      Delete
  35. Marico Kaya Enterprises: Consolidated EPS for fy 13-14 is 22/- with extraordinary income. without extraordinary income is 17/- a PE of 20 can be easily given for a stock like this which is having a gud growth possiblities and gud promoter backing.
    Ur view on it for long term Investment sir.

    ReplyDelete
    Replies
    1. Very good promoters and scalable business . Since this is the only listed company from this space ,it is difficult to predict how market assign valuation to it .

      Disc: Vested interest in Marico Kaya.

      Delete
  36. Sir

    Can u post about sensex and Nifty for coming times??
    As u posted many stocks to buy, means u r bullish on it,
    I see big move ahead in sensex approx 42000 in coming times

    but not a confidence

    pls

    ReplyDelete
    Replies
    1. Predicting indices is an exercise to waste time. Not at all interested in indices movements.

      Delete
  37. Hello Sir,

    What's your view on Bafna Spinning Mills? I have around 1 lakhs of shares in it. It's not trading since 17th sept 2013. Pls give me an idea of it if it's going to be relisted and when.

    Thanks,
    George

    ReplyDelete
  38. Marico Kaya Enterprises (Correction): Consolidated EPS for fy 13-14 is 32.3/- with extraordinary income. without extraordinary income is 17/-

    ReplyDelete
  39. Excellent Pick, Hats off to the Value Pick Team

    ReplyDelete
  40. dear vp,
    just know ur blogspot thru mmb. wanna know abt shilpa medicare,apm industries,fluidomat,chd developer,orient beverages. i have huge investment in these scripts. kindly send ur views abt these scripts

    ReplyDelete
  41. Tracking only two stocks from the list :APM and Fluidomat


    Fluidomat recommended earlier @ Rs.29 which is currently trading @ Rs.129 .One can still HOLD it

    http://value-picks.blogspot.in/2010/07/fluidomat-watch-it.html

    APM recommended @ Rs.69 when its FV was Rs.10 ,later it splitted in 5:1 ratio and currently trading @ Rs.28 .In effect stock appreciated 100 % from recommended level .At current price neutral on it .

    http://value-picks.blogspot.in/2010/08/apm-industries-buy.html


    ReplyDelete
  42. Hi sir your opinion on ptc india financial

    ReplyDelete
  43. Can I buy Gulshan Polyols at current price

    ReplyDelete
  44. Not tracking above two stocks.

    ReplyDelete
  45. Wow capital first available just 5-6% higher !! Was is it a pump and dump case .. Everyone knows the management of future capital !!

    ReplyDelete
  46. Dear VP Sir,

    Thank you very much for your recommendation. Was able to get capital first at good price as stock hasn't hit upper circuit today. Looks like the bear market has scared away the speculators! Good for us investors!

    ReplyDelete
  47. Hi Sir,

    I've got shares at price 239.95. Is it still worth? I kept market order, dint expect the open price to be so high :( Already my portfolio is so negative, cant afford another loss..

    please share your inputs!

    ReplyDelete
    Replies
    1. No use by thinking like this after purchasing any stock ,Whether worth or not should be assessed before purchasing stocks. If your concept about investment is like this and holding period is few hours and not in a position to afford loss ,please don't follow this blog

      Delete
    2. Haha..can't stop laughing..what a funny post. You should be happy to got hold of it on the very first day of recommendation. Even I purchased at 239 and I am happy coz I plan to hold it for long term and not few hours like you. You are getting the details without putting any effort and still complaining.

      Delete
    3. he he extremely funny, buying stocks for long term and asking if its worth within 24 hours....guys atleast ask questions and clarify if you cant study it. I clearly asked my doubts over this stock and have bought after reply from Valuepick and once convinced am holding it for long term until of course something drastic happens from the management side. First ask then buy not buying blindly and then asking questions :-) :-)

      If the same stock was in Upper circuit guys would have been complaining again :-)

      Delete
    4. Movement of capital first reminds of the movement in Apar industries and panasonic energy. These 2 stocks never moved much for atleast 2 weeks after VP's recommendation and see now where they have moved. Apar more than doubled and Panasonic up 40-50%

      #Deepak

      Delete
  48. Hi Sir, Capital First has very high PE. Is this company can command this high multiple ?

    Thanks
    Venkata

    ReplyDelete
    Replies
    1. My Dear friend

      A crash in stock price is not the only one way to come down P/E ,an increase in EPS will also serve the same purpose.

      Delete
    2. Sir never thought in there lines thanks for this simple post for amateur like us. Please share more of your concepts with us.

      Delete
  49. Hello sir pls advice on avanti feeds and mayur uniquoter

    ReplyDelete
    Replies
    1. Avanti Feed recommended in the below link @ just Rs.68 which is currently trading around Rs.670

      http://value-picks.blogspot.in/2011/09/avanti-feeds-ltd-changing-fortunes.html


      Mayur Uniquoters is a good company

      Delete
  50. Hi sir,
    I think Most of your followers has got the shares today its a good Investment. May I know what would be the reason it din't hit upper circuit...this is the first time I am seeing It din't hit after your recommendation...but anyway we have got a very gud opportunity to enter at this level.

    ReplyDelete
    Replies
    1. Till yesterday recommended stocks hitting upper circuit were the problem, now not hitting is the problem :))

      Delete
    2. haaa.... well said...
      buy and forget about it....for minimum 1 yr

      Delete
    3. Haha..Sir I like your humour as much as your recommendations. Thanks very much sir for helping others.
      SKS

      Delete
    4. Funny people! People will critize for anything.. Jus think that u r lucky enough to buy this stock at least, the very next day of VP's reco.. Don't think too much!

      Delete
    5. Haha..good one..

      Delete
    6. Very Witty response Vp sir..... I would like to add a hindi proverb " Kuch to loag kahenge , loagoon ka kaam hai kehna" which means "People will always say something, their job is to say"

      #Deepak

      Delete
  51. Dear VP sir

    Thanks for another phenomenal pick. Heard on ETNOW that capital first is likely to double PAT in FY15. Would request your views on Greenply industries if you are tracking it. Thanks

    Shankar

    ReplyDelete
  52. This was I guess a "Speculative Bet "
    Everyone knows the promoters of future group . most of the big bazar shops have shut down .. After hitting 239 20% upper circuit the stock fell to 220 ..
    This may be a coincidence but try to stay away from liquid names ..
    After your recommendation for a stock to move 50-100% doesn't justify .. I think its unethical on your part .. Many of them must have sold the stock by today itself ..

    ReplyDelete
    Replies
    1. Now I really feel ,I am only wasting my entire time and no use for my efforts . I clearly mentioned in the above post that Future group is not the owners of this company and they sold it to Warburg Pincus .I don't know why readers like you are not ready to spend at least 10 minutes to understand about a company and jumping into it /comment just after reading the heading . I don't think any retail investor will make money from stock market if this is the method adopting for investment .If many big bazar shops shut down how that effect an NBFC owned by world's largest and reputed private equity investor Warburg Pincus ???

      REALLY HORRIBLE .............:((((((((((((((((

      Delete
    2. Dear VP Sir,
      Please ignore such idiots and dont even waste a second to reply such posts, there are many who value your guidance and would know whose post or comments are to be appreciated or ignored.

      Thanks for your dedicated effort and sharing with us.

      Delete
    3. value pick sir i am a research analyst by profession . I am into this profession since last 23 years . Your analysis, is great and being in the same profession i know how much effort one has to put to find a good company. I salute you for your efforts . in reply to that ignorant person i would ask him to simply open the bse site and click on to share holding pattern where by the name of the promoter, and their stake is given.BEFORE COMMENTING STUPIDLY DO YOUR HOMEWORK PROPERLY YOU WILL ALSO FIND WARBURG PINCUS HAS TAKEN STAKE ALONG WITH HDFC LIFE INSURANCE RECENTLY THRROUGH PREF ALLOTMENT

      Delete
    4. no sir ! you're not wasting time.
      for many silent readers like me,your inputs are of immense
      help.
      so,please ignore noise.
      thanks for selfless efforts.

      Delete
    5. how can somebody make such dumb comments... I feel sad myself

      Delete
    6. Dear Anonymous/Any1

      I dont really understand, no1 is putting a gun in the head and forced to buy once a they read this recommendation. As VP Sir clearly says, do your due diligence. What VP Sir gives is just knowledge & direction. The choice to go in the direction is yours & if you indeed choose to go, then whatever come may, it will be your decision :(

      Delete
    7. Friend - try to spend some good time in reading through the write up of d company.. Make ur own research and analysis as well.. If u still feel that it's not a worthy company, then don't invest even if god asks u to do so.. There is not in investing in anything without self belief and proper analysis.. This s seriously hurting! VP is doing something great without any expectation from us.. Yet u people talk all nonsense here.. VP sir a big salute for u on behalf of all ur fans n followers.. Ignore these kind of people.. Live long n live happily!

      Delete
    8. Dear Sir - Please dont feel sad, there are always morons in the society who critizise even if we do good for them. They will never know the journey of ours, without any understanding they comment.

      Delete
    9. I am with you VP. few guys want to make money in a day or two for them reading your full version is difficult. Please ignore them,.you made wonderful job. I invested only what i felt is suitable to me.

      Delete
    10. Hi VP sir,

      There will be always people like this. Hear these things in one ear and leave it in other :) :) ..But you are the Role Model for me and lot of others.. Thanks a lot for all your help and we all need your guidance always :) Good Bless you sir
      Thanks,
      Prabu K

      Delete
    11. VP Sir... please ignore people like this.... we have strong belief in you and you are doing wonderful job without getting anything out of it.... I can say its NOBEL work

      Delete
    12. Yes Value pick sir. But please don't say that your efforts have been wasted. At least for me its been god gifted boon. I started reading your blog from 2010, cautiously invested in KSCL , Granules, DHP etc and made good profit . More important than the profits, I learnt a lot from your approach.
      People should understand that money doesn't come easy . Owning a stock is like owning a business. One cannot run away from his own business by seeing the ticker on moment to moment basis.

      Delete
    13. Haha looks like he didnt even read the entire post. Its not under Future group any more. Show some respect to the person doing good work. You dont have to buy any stocks if you are not convinced. From you post it looks like you are not even fit to be an investor.

      Delete
    14. I think VP can spend your valuable time to answer for the queries which makes sense.
      People who are blaming here about the immediate movement of the stocks , they are not really long term buyers.Better SKIP the queries.
      I am watching your site here for almost 1 year and I didn't loose money after reading your analysis and interested to read all your Company reports.
      By the way, Many people to make quick money investing huge quantity in a stock and started crying for every movement.
      Slow and Steady wins the race. Invest in small quantity for long term in many good stocks and keep patience and sleep peacefully.
      I request the readers to think twice before posting. This is place where we are getting free reports & investment ideas. Thanks.
      Bhalaji

      Delete
    15. First of all there is some thing called a "Way To Speak". This is exactly opposite to that :) Politeness and Patience always wins @Mr.Anonymous. Do you really think he is controlling the whole stock market.? :) Think before you talk

      Abhinav

      Delete
    16. VPji,

      Pls dont waste ur valuable time replying to such stupid posts.

      Regards

      HK

      Delete
    17. @Anonymous: This is ridiculous. That's why most of us Indians are called hypocrites. One should at least read the post before jumping into a conclusion and post something silly. Most of the retail investors getting benefited from this blog. We never respect anything when it comes free. Stay away from the blog if you don't like it.

      Delete
    18. Sir, Please ignore such idiots.

      Delete
    19. Do not bother his comments sir. You are identifying good scripts at very low level. Continue your work sir.

      Delete
    20. Dear Friend...
      Look like you are just keep waiting to make money in hours or days...if so...then Stock market is not the right place for you...
      Someone is putting his efforts and sharing his knowledge....instead of apprecating his efforts you are calling "Speculative Bet"
      Most important....everyone should do their own home work before investing in any shares..
      Thanks

      Delete
    21. People complain on everything they get for "free". Had VP's report been available for a price nobody would complain .....

      Delete
  53. Hello sir .thanks for ur recom on Capital first ! Thank you '
    What is your view on camson bio Long term ?

    ReplyDelete
  54. Leave it sir................poor man..............

    ReplyDelete
  55. can you please advice on caplin point buy/entry level?since now it is getting corrected.

    ReplyDelete
  56. Dear VP Sir,
    for capital first, the debt to net worth is more than 5 times. Won't it be a problem to you sir?
    -Ramkumar

    ReplyDelete
  57. Please person who have the above question should go through this website and see who have the majority stake...http://www.capfirst.com/pdfs/investor-relations/Capital%20First%20-%20Corporate%20Presentation%20-%20%20FY14.pdf

    ReplyDelete
  58. Daer VP , Thanks for your analysis on Capital First. Looks like very strong management team backed by well known Warburg Pincus. It should do well and good bet for long term investment.
    Do you have any views on Tata investment corporation ?

    ReplyDelete
  59. VP sir,
    Just ignore them. Most of this blog followers never ever say that u r unethical. We utmost respect you n u r selfless efforts.
    God bless you sir

    ReplyDelete
  60. Longterm investores will see the priceof CAPF @1000/-

    ReplyDelete
  61. Sir,

    Pl guide me if I could invest in Bliss GVS Pharma for long term or otherwise guide me for another good pharma stock where I could invest.

    Regards
    SV

    ReplyDelete
  62. Pls tell me about fundametal of zensar tech

    ReplyDelete
  63. Please ignore comments from ppl who do not have patience to even read the posts in detail.
    There are others who benefit from you and r grateful for your work.

    ReplyDelete
  64. sir, please avoid and do not publish these kind of foolishness hereafter. This will dampen the positive thinking not only yours but also to the entire readers of this site. Shyam kumar,Aluva

    ReplyDelete
  65. Dear VPji,

    Please dont get irritated by a few illiterate visitors of your blog. Many retail investors including me were immensely benefitted. I myself follower of your blog from 2010 got wide range of knowledge from you. Before that I burnt my fingers several times. After regularly visiting your blog I got the ability to analyse the stocks. Not all the stock you recommend convince me even though their price increase. I fully study and analyse the company on saturday & sunday and if i am convinced i will buy. So you are doing are great (godly) job to people like me.

    So, please dont think that you time and efforts is waste because of few traders. I am repeatedly saying many small investors are benefitted because of you.

    I have sold a single stock till date and my portfolio value is growing day by day. My sincere advice to others is please dont throw mud and irritate a noble man who is doing a great service to small investors. Nobody is compelling to visit this blog or to buy shares recommended by VPji.

    VPji, I once request you to continue your yemen service and reject and neglect these people.

    ReplyDelete
  66. Sir
    Orchid Chemicals board meeting held y'day
    - promoters to up stake by 13% to 45%
    - board has approved issue of shares to promoters on preferential basis pursuant to conditions of CDR package.

    how do you see to it..??

    ReplyDelete
  67. VP Sir,

    Wats ur view on Deepak Nitrite post the stock split. Is it worth its metal at CMP 84

    ReplyDelete
  68. Moneycontrol News : Orchid Chemicals up 7%, promoters to raise stake by 13%

    Full News: http://bit.ly/1shAFkO

    ReplyDelete
  69. Dear VP, many thanks for your suggestion. I did go through the annual reports and all available material before making my decision to purchase this one for long term. Keep up the good work of identifying gems!

    ReplyDelete
  70. Dear value pick, Could your please through some light on the present holdings status of Mr. Vaidynathan in the equity of Capital First. In mentioned links it was mentioned that his warrents were to be converted into equity in Feb 2014, ... would like to know present status of the same. Raman

    ReplyDelete
  71. Dear sir,

    Can I buy caplin point current level

    Thanks

    M.Yogesh

    ReplyDelete
  72. Friends

    I am not against or above criticism and not worried about the author's interpretation as a "Speculative bet" . In the past itself ,permitted lot of criticism and posted reply for that . What I really concerned about is his statement about the current ownership of the company . Even I clearly mentioned about it ,he never spend 5 minutes to read it , just read the headline and treat it as a blog for providing TIP for speculation ..

    ReplyDelete
    Replies
    1. Do not worry VP Sir. Some people are like that

      Delete
    2. Sir we are all your fan not only for your reco but also when to exit. Your analysis is amazing and it not only requires in depth knowledge of the subject but also intuitive power. Pls pardon him actually the profession is full of such people who only give tip for quick money and do not understand what investing is all about. I only feel sorry for him.
      Your fan
      Rakeshs

      Delete
  73. Sir, can you provide your valuable view on ALOK INDUSTRIES.

    ReplyDelete
  74. sir ji thanks for your valuable recommendations. what is your opinion on idfc and karur vysya bank. I am long term investor for 2yrs

    ReplyDelete
  75. sir, what is your view on sharp india and lloyd electric

    ReplyDelete
  76. Sir dnt get sad and upset by post of some idiots who for the sake of fun and timepast harass u. Pls do and continue the nobel work without getting distracted or upset by such posts. We are geniune follower and appreciater.
    thanks

    ReplyDelete
  77. sir, please let know about sml isuzu for long term investment. is it a multi bagger too?

    ReplyDelete
    Replies
    1. Already recommended at lower level

      Delete
  78. Dear Mr/Ms (?) (atleast reveal your last name :))

    Compared to an L&T Finance or Edelweiss why would you prefer Future Capital. One has pedigree, the other one has a recent entrant R.Jhunjhunuwala. Isn't the future group 'unpredictable'?

    ReplyDelete
    Replies
    1. I don't know why people still think Capital First is a Future group company .? This means you put this message after reading only the heading of the posting and not even spend 5 minutes to read in full.

      Delete
  79. Dear Valuepickji,
    Future cap hit 340+ today . Congrats on finding the GEM . Now more and more brokerage firms started recommending it .
    After started following your blog recently, this is my first buy and am really happy to buy it after breaking the very first UC..
    Best regards,
    Prashant

    ReplyDelete
  80. Dear Sir, What is your view on Astra Micro and HFCL (Himachal Futuristic) both the companies seems to be growing very fast as investment in Defence and Telecom respectively is expected to grow tremendously.

    ReplyDelete
  81. Hello VP,

    Just came across your recommendation on Capital First, Just wanted to if it is still a good buy after run up of 80 -85 percent after your recommendation?

    Also wanted to know your view on L&T Fin Holdings, My average purchase price should be about 62 or 63 per share.

    Regards, Amit

    ReplyDelete

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