E-Investing India - Online Community for Investors and Traders  

Go Back   E-Investing India - Online Community for Investors and Traders > Stock Markets > Individual Stocks
Read All Rules Contact Site Administrator

Individual Stocks Discussion Forum for Individual Stocks. If you have query/suggestion on more than one stock, which are UNRELATED TO EACH OTHER, USE SEPARATE THREADS.

Reply
 
Thread Tools Display Modes
  #1  
Old 7th April 2008, 01:53 PM
Senior Member
 
Join Date: Jan 2008
Posts: 2,028
Rep Power: 43
vasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of light
Default ITC Limited



Yesterday's Indian Express had an article on the good health minister's ambition to curb smoking in public by 31st May 2008.

I know that ITC's doing its best to diversify and lessen its dependence on earnings from ciggies but, if this move actually does come about won't ITC be badly hit?

(Alchemist: Sorry for a starting new thread, but the search requires 4 characters at least
Reply With Quote
  #2  
Old 7th April 2008, 06:44 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Cigarettes is an evergreen business with solid cash flows.

Ban or no-ban, smokers won't stop smoking.

I don't expect any impact of such a ban.
Reply With Quote
  #3  
Old 4th September 2008, 01:48 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1067
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default ITC - Negative Outlook

Weekly Chart!



- Price is in Wedge Formation!
- When it breaks is a mystery!
- It will break is a suriety!
- MACD Negative divergence + RSI Divergence, gives us a confidence, it will break on downside!

Last edited by man4urheart : 4th September 2008 at 01:50 PM.
Reply With Quote
  #4  
Old 7th October 2008, 01:43 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1067
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

Quote:
- When it breaks is a mystery!
This one is a tough nut!

Reiterating be careful with fresh entries on correction!

Respect your stop-loss!
Reply With Quote
  #5  
Old 7th October 2008, 04:00 PM
Senior Member
 
Join Date: Jan 2008
Posts: 2,028
Rep Power: 43
vasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of light
Default

ITC's stock is significantly down after the ban was enforced. The fall also coincides with major global stock collapses, but it seems that ITC has fallen much more than other FMCGs.
Reply With Quote
  #6  
Old 19th October 2008, 10:23 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1067
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

Monthly Chart!



- Green Up trend line is long term trendline since 1996!
- I have also marked the Fibonacci levels!
- Note the MACD divergence!

All those long term investors should pay attention!

Last edited by man4urheart : 19th October 2008 at 10:26 PM.
Reply With Quote
  #7  
Old 7th December 2009, 08:13 AM
Senior Member
 
Join Date: Jan 2008
Posts: 2,028
Rep Power: 43
vasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of light
Default ITC

ITC reaps growth benefits from its green capital
Link

ITC is highlighting its CSR! Although there are reports it's burning cash in its FMCG ventures, I'm tempted to start accumulating small amounts of this stock.
Reply With Quote
  #8  
Old 21st May 2010, 05:55 PM
muralisankars's Avatar
Regular Member
 
Join Date: Feb 2008
Location: Chennai
Posts: 367
Rep Power: 271
muralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond reputemuralisankars has a reputation beyond repute
Default

Quote:
ITC Limited has informed the Exchange that the Board of Directors at its meeting held on May 21, 2010 has recommended a special Centenary dividend of Rs. 5.50 per Ordinary Share of Re. 1/- each and a dividend of Rs. 4.50 per Ordinary Share for the financial year ended March 31, 2010. The dividend, if declared, will be paid on or after July 26, 2010 to those members entitled thereto.
Source

In the above one, what is the special Centenary dividend ?

Is it something like special dividend?
Reply With Quote
  #9  
Old 21st May 2010, 06:06 PM
Senior Member
 
Join Date: Jan 2008
Posts: 2,028
Rep Power: 43
vasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of lightvasa1 is a glorious beacon of light
Default

Quote:
Originally Posted by muralisankars View Post
source

In the above one, what is the special Centenary dividend ?

Is it something like Special dividend?
Yes. It's to celebrate. Some companies issue higher dividends, others issue bonus shares.

Another time a company may hand out a special dividend is if it has sold of some asset or wants to reduce cash it cannot deploy. Tata Tea, EID Parry and Hero Honda are recent examples.

And then we have the asset-stripping prior to FPO or IPO issuance as seen in Engineers India, which took the form of bonus and special dividend.

The thing is that we must be cautious and not expect the same for the next year .
Reply With Quote
  #10  
Old 22nd May 2010, 06:52 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by muralisankars View Post
Source

In the above one, what is the special Centenary dividend ?

Is it something like special dividend?
ITC will be completing 100 years in August 2010.

Thus, it is giving a higher dividend this year to celebrate this.

Quote:
Originally Posted by vasa1 View Post
The thing is that we must be cautious and not expect the same for the next year .
That's true.
Reply With Quote
  #11  
Old 18th December 2012, 01:03 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Caution from Hindu Business Line

ITC Book Profits - Hindu Business Line
Reply With Quote
  #12  
Old 18th December 2012, 08:49 PM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
Caution from Hindu Business Line

ITC Book Profits - Hindu Business Line
ITC has been the biggest wealth creator of last 5 years as per the Motilal Oswal study for 2012.

Business Line : Markets / Stock Markets : ITC emerges

The biggest thing ITC have created in BRANDS. Right from Fashion to FMCG they have created a host of brands which will only get bigger with time and rake in millions in profits.

Right from Aashirvaad Aata to Bingo, creating so many brands in short span.

FMCG business is ruled by strong brands. So once the FMCG (non-cigarette) breaks even, it will have huge growth going forward.

This is a buy & forget kind of stock. Keep adding over the next 20 years.

If one were to invest his life's savings in only 1 stock, this will be a prime candidate.
Reply With Quote
  #13  
Old 18th December 2012, 09:25 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1067
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

Quote:
Originally Posted by Prudent_Investor View Post
ITC has been the biggest wealth creator of last 5 years as per the Motilal Oswal study for 2012.

Business Line : Markets / Stock Markets : ITC emerges

The biggest thing ITC have created in BRANDS. Right from Fashion to FMCG they have created a host of brands which will only get bigger with time and rake in millions in profits.

Right from Aashirvaad Aata to Bingo, creating so many brands in short span.

FMCG business is ruled by strong brands. So once the FMCG (non-cigarette) breaks even, it will have huge growth going forward.

This is a buy & forget kind of stock. Keep adding over the next 20 years.

If one were to invest his life's savings in only 1 stock, this will be a prime candidate.

Now that you are so excited. I can vouch it is a 100% sell without even looking at charts.

You are bull biased now.

Already you are holding your pet stock "Opto Circuit". Don't let it become another bleeder with it.
Reply With Quote
  #14  
Old 18th December 2012, 11:26 PM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by man4urheart View Post
Now that you are so excited. I can vouch it is a 100% sell without even looking at charts.

You are bull biased now.

Already you are holding your pet stock" Opto Circuit". Dont let it become another bleeder with it.
The problem is not my bull bias. The problem lies in people vouching for a 100% sale without even looking at the charts.

I love the category of so-called stock gurus who come daily on TV and routinely recommend a buy/sell and common people (I strongly oppose the use of the term "investor" for them) who blindly follows them.

ITC has been a huge wealth creator in the past and will continue to do so in the near future. If someone is not bothered by short term fluctuations and not deterrent to regular disciplined investing, this one should be on their list for sustained growth.

Anyways, just for your info, I do not invest in large caps, hence it is out of my radar.

ps: Also, I had booked losses in Opto and converted that to another growth opportunity.
Reply With Quote
  #15  
Old 19th December 2012, 07:16 AM
kris_mar's Avatar
Regular Member
 
Join Date: Jan 2010
Posts: 545
Rep Power: 4226
kris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond reputekris_mar has a reputation beyond repute
Default

Quote:
Originally Posted by Prudent_Investor View Post
ITC has been the biggest wealth creator of last 5 years as per the Motilal Oswal study for 2012.
You can access all Motilal Oswal wealth creation studies here.
Reply With Quote
  #16  
Old 29th April 2013, 03:37 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

This stock keeps going in one direction only (i.e. upwards)

I want to add this but refuses to come down.
Reply With Quote
  #17  
Old 29th April 2013, 07:39 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
This stock keeps going in one direction only (i.e. upwards).

I want to add this but refuses to come down.
I wish my holding, VST Industries would do the same. .

It is very difficult for smokers to quit and that's a big advantage that ITC has over other FMCG companies.

ITC is passing on more or less all tax hikes to its customers. This strong pricing power gives long term visibility to revenues and earnings of this company.

That's why investors are willing to pay a hefty premium for this stock.
Reply With Quote
  #18  
Old 10th June 2013, 12:49 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Four strong reasons why you should buy ITC's stock for your retirement - Economic Times

Though the link is old, I post it here for the information purpose.

Quote:
Ten years ago, the company's tobacco business was contributing 80% to its total revenues. Today, its contribution is down to 40%. The business still earns 90% of the company's bottomline.
Currently at 40% is it due to they reduced interest in their tobacco business or investments have increased in other FMCG business?

Also if 90% of the bottom line is coming from their tobacco business, why do they increase their focus on FMCG?
Reply With Quote
  #19  
Old 10th June 2013, 02:59 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1067
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

ITC stock has been darling of market and time is ripe for game to get over!

One should watch out and should not get too excited!

I think it is in last leg of action and trap is set! Do you see double top formation?

We will talk about "pricing power" and all fundamental reasons when it is on its way down hill!
Reply With Quote
  #20  
Old 11th June 2013, 08:55 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
Also if 90% of the bottom line is coming from their tobacco business, why do they increase their focus on FMCG?
Just because FMCG business has lesser profit margins than the tobacco business doesn't make it a bad business.

A good business is one that generates good returns (good ROE) over the long term, not one that has higher margins.

I haven't looked at ITC in detail and so am not sure, but it is possible the profits of the FMCG business are currently low because the business is still in the investment period and company is spending a large amount on brand building and increasing its distribution network.

Remember advertising and promotional expenses have 100% depreciation rate. These are booked in the same year in which they incur, even if their benefits extend to many years.
Reply With Quote
  #21  
Old 11th June 2013, 10:15 AM
Member
 
Join Date: Oct 2010
Posts: 202
Rep Power: 324
vaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond repute
Default

Quote:
Originally Posted by paran
Also if 90% of the bottom line is coming from their tobacco business, why do they increase their focus on FMCG?
Quote:
Ten years ago, the company's tobacco business was contributing 80% to its total revenues. Today, its contribution is down to 40%. The business still earns 90% of the company's bottomline.
Because the revenue contribution (is that top line?) of the tobacco business contracted by 50%, over the last 10 years?
Reply With Quote
  #22  
Old 12th June 2013, 12:25 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by vaduvur View Post
Because the revenue contribution (is that top line?) of the tobacco business contracted by 50%, over the last 10 years?
The revenues from the tobacco business are not shrinking.

The total revenues of the company are growing much faster than the tobacco revenues and hence the share of tobacco revenues is going down.

The tobacco business generates a lot of cash for ITC.

ITC can't re-invest all its excess cash in the tobacco business.

The tobacco market is growing slowly, advertising of tobacco products is strictly prohibited and there is hardly any part of India where ITC's cigarettes are not available.

In short, growth options for the tobacco business are very limited.

There are two things that ITC can do with the cash that it gets from the tobacco business.

1. Distribute the excess cash to the shareholders as dividend. VST Industries distributes a good part of its cash income and thus has a high dividend yield.

or

2. Use the cash to build and expand new businesses.

ITC has chosen option 2.

ITC's love for the FMCG business is understandable.

FMCG is not a new business for ITC. ITC has always been an FMCG company - cigarettes are also an FMCG product.

The core business model for biscuits, flours, soaps, shampoos etc is the same as that needed for cigarettes. All products need powerful brands and wide distribution networks.

The only difference is that tobacco is addictive and brand loyalty is much stronger in this business. Advertising is allowed for other FMCG products, but not for tobacco products.

If ITC's FMCG (ex-tobacco) business stabilizes, the company will have two great sources of free cash - the tobacco business and the FMCG business.

Who knows, 10-20 years down the line, the tobacco business may be contributing only 10% to the top line and bottom line of ITC.
Reply With Quote
  #23  
Old 12th June 2013, 04:21 PM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post

Also if 90% of the bottom line is coming from their tobacco business, why do they increase their focus on FMCG?
Quote:
Originally Posted by Alchemist View Post

Remember advertising and promotional expenses have 100% depreciation rate. These are booked in the same year in which they incur, even if their benefits extend to many years.
Although Alchemist has explained in details, the scenario is Cigarettes are a great business. They have loyal brand followers, and you can keep raising the prices.

Look at the history of Philip Morris International (the makers of Marlboro), the business throws up such huge amounts of cash and company kept on acquiring huge and big companies to become a complex conglomerate.

What ITC did was to build stable brands in the FMCG on their own, with good synergies from their E-Choupal initiative (lower RM) and paperboards business (packagaing of FMCG). Once big brands are established FMCG juggernaut will roll along and this is very high RoE / ROCE business.

While they are still losing money on the Hotels business, any demerger of the FMCG business from the group will see the pure FMCG part commanding much higher P/E in future.
Reply With Quote
  #24  
Old 12th June 2013, 07:11 PM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

One doubt.

Shareholding pattern.Someone care to explain.

1::Why no single promoter hold shares though I guess promoter companies hold big chunk around 25% I guess but not sure whether it's in FII or in other investor section in NRI section.

ITC Ltd. Share Holding Pattern - Kotak Securities

2::Also in last 3 quarter its seen floating shares have increased and it's almost 790 crores now.What if say 3-4 continuous quarter the company show at worst flat profit?

Won't the big holders which almost constitute 50% holding will pull out their hand out?
Reply With Quote
  #25  
Old 12th June 2013, 07:37 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by magnet View Post
One doubt.

Shareholding pattern.Someone care to explain.

1::Why no single promoter hold shares though I guess promoter companies hold big chunk around 25% I guess but not sure whether it's in FII or in other investor section in NRI section.

ITC Ltd. Share Holding Pattern - Kotak Securities

2::Also in last 3 quarter its seen floating shares have increased and it's almost 790 crores now.What if say 3-4 continuous quarter the company show at worst flat profit?

Won't the big holders which almost constitute 50% holding will pull out their hand out?
There is no promoter for ITC.

It's "professional managed" company.

100% of the company's shares are with the public and that has been the case for a very very long time.

The same is the case for ICICI Bank and L&T. These companies also don't have any real promoters.
Reply With Quote
  #26  
Old 30th September 2013, 07:47 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

ITC top brass sells around 23 lakh shares in Sept - Moneycontrol

Is it time to exit and enter later?

Please share, what is your opinion on ITC?
Reply With Quote
  #27  
Old 12th June 2014, 07:50 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

What is your view on ITC. ITC hasn't participated in this rally much.

Is it due to already over priced or people have shifted to different sector?
Reply With Quote
  #28  
Old 12th June 2014, 02:51 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
What is your view on ITC. ITC hasn't participated in this rally much.

Is it due to already over priced or people have shifted to different sector?
People are buying stocks where they expect the maximum returns.

Banking, infrastructure and other interest rate sensitive sectors were beaten down badly and thus are now rising the fastest.

The defensive stocks hadn't corrected much and thus are not rising now.
Reply With Quote
  #29  
Old 26th November 2014, 08:35 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

ITC has fallen around 5% yesterday due to the recent Government's decision of no loose cigarette should be sold.

How should we react now?

As many policies are against tobacco industry recently, should we remove ITC from the long term portfolio?

Buy more at the current level?

Wait for some more correction and buy more?

Please let me know your views.

Thanks!!
Reply With Quote
  #30  
Old 26th November 2014, 06:22 PM
Member
 
Join Date: Oct 2010
Posts: 202
Rep Power: 324
vaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond reputevaduvur has a reputation beyond repute
Default

Haven't been following the news lately.... but why should that prevent anybody from dishing out opinions!

How does the Govt. plan to ensure compliance with the decision? Would the decision hold in the court? 5% drop in such a Large Cap seems like a good buy. Thanks for the alert. Let's check where it went today!
Reply With Quote
  #31  
Old 27th November 2014, 08:54 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Today's news from Money Control

Quote:
ITC / Godfrey Phillip
-Government planning to bar Tobacco cos from using their social outreach activities to earn goodwill.

-Government to clamp down on corporate social responsibility (CSR) activities of companies, disallow advertisements on mobile and internet: ET

Read more at: Stocks in news: ITC, ONGC, Crompton, Tata Power, Rel Infra - Moneycontrol.com
Reply With Quote
  #32  
Old 27th November 2014, 12:36 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

I am not sure why is the current Government so against the tobacco industry only.

If they have to be tough they have to be tough against the alcohol industry and other products which are bad to people too.

I am not saying that the steps taken are bad to control the tobacco usage but the question is why only against them?

Quote:
A report in the Economic Times said, apart from banning sale of loose cigarettes and raising the minimum age of smoking to 25 (which had been reported earlier), the note sent to Cabinet suggests several other measures. These include banning designated smoking zones in hotels and airports, banning tobacco advertising on Internet and mobiles, discouraging efforts by tobacco companies to earn goodwill through CSR, dropping nicotine/tar details on cigarette packs lest they may appear to users as ‘safe’, and setting up special courts to try offences related to anti-tobacco law among others.

Read more at: ITC falls 1.3% as details of proposed smoking curbs emerge - Moneycontrol.com
Reply With Quote
  #33  
Old 30th November 2014, 06:16 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
As many policies are against tobacco industry recently, should we remove ITC from the long term portfolio?
Quote:
Originally Posted by vaduvur View Post
How does the Govt. plan to ensure compliance with the decision? Would the decision hold in the court? 5% drop in such a Large Cap seems like a good buy. Thanks for the alert. Let's check where it went today!
I think it's best to hold the shares. Many of the recent decisions/recommendations are difficult to implement and won't change much for the industry.

e.g. Minimum age requirement and ban on loose cigarettes are impossible to implement.

Quote:
Originally Posted by paran View Post
I am not sure why is the current Government so against the tobacco industry only.
The funny thing is government isn't doing much about unregulated manufacturers like that of beedis and other tobacco products.

It is generally accepted that cigarettes are less harmful than beedis, but beedis in India are virtually untaxed. If the government is so much concerned about healthcare costs, it should first act against beedis. Cigarette smokers are mostly from middle class and upper class and can afford private healthcare, it is the poor who consume beedis and have no option but to use government's healthcare facilities.

Quote:
For all respiratory and intrathoracic organs combined, the increase was 69%; for lung and larynx, the increases were 35% and 112%, respectively.

In probably the first such large-scale study of its kind, Sekhsaria Institute of Public Health, in collaboration with the ministry of health proved that bidis and other forms of tobacco (supari, gutkha, among others) are more harmful than cigarettes.
Bidi more harmful than cigarette: Study | Latest News & Updates at Daily News & Analysis
Reply With Quote
  #34  
Old 2nd March 2015, 03:25 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

ITC is again beaten down. Added today few more at 346.15 with the small quantity.

Is there anyone else invested in this company? What are your views?
Reply With Quote
  #35  
Old 2nd March 2015, 06:42 PM
San Yad's Avatar
Senior Member
 
Join Date: Apr 2008
Posts: 1,704
Rep Power: 1123
San Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
ITC is again beaten down. Added today few more at 346.15 with the small quantity.

Is there anyone else invested in this company? What are your views?
It is budget effect?

I think tax duty hiked on smoking products like cigarette.

I did not find any other news for this 10% crack within 2 days.

Rs 330 to 305 good for accumulation if this is is only budget effect.

I will add 25% more around Rs 330.

Not sure if there is something cooking internally.

Happy Investing !
Reply With Quote
  #36  
Old 3rd March 2015, 07:47 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Yes, I guess it is only the budget effect. Before the budget it was heading towards Rs:400/- mark.

Even VST is down but slowly from ~1950 level.

Actually it is more than 10% down in two sessions.

Thanks for the input and I will add more below Rs:335 itself.
Reply With Quote
  #37  
Old 8th December 2015, 08:23 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Recently I haven't followed any news.

What is wrong with ITC? Why did it fall around 7% percent? Any idea?

Thanks!!
Reply With Quote
  #38  
Old 8th December 2015, 06:58 PM
Senior Member
 
Join Date: Mar 2008
Posts: 1,350
Rep Power: 781
ramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond reputeramkasi has a reputation beyond repute
Default

Paranjee read the following article

Sensex down 108 points; ITC stock slumps nearly 7% | Business Line

it may be because of a proposed sin tax of 40 pc. on tobacco products.

Disc: Never in my PF
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
KBPL Limited (Khushi Ram Behari Lal Limited) InvestorB Individual Stocks 0 7th October 2009 10:27 AM


All times are GMT +5.5. The time now is 08:13 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
Ad Management plugin by RedTyger