DUE TO POOR SUBSCRIPTION COUPLED WITH **** FROM MONEY CONTROL, PRICE IS BEING FIXED AT LOWER END. STILL LITTLE WILL BE LEFT ON THE TABLE. LITMUS TEST FOR UDYAN MUKHERJEE
Cantabil is not kutions type fargi companay ,fundamentals of cantbil very strong it is debet free cash rich company, fair value 200,i will buy on listing.
Gem bhai yahan humara paisa laga hua hai aur aap kah rahe ho ki i made a mess of ur secret. Aise i don have anything against you as you had correctly hinted on last day that u do have a news on this. We have been benefited a lot with your recommendation and suggestions :).
Unfortunately inventory is one which cannot be made out from financials.
Ex. If you had visited any Subhiksha stores much before it went bust in most of the stores they had expired inventory and out of inventory in premium items. On the other hand they will still rapidly expanding and even managed to rope in Azim Premji.
Ex2. A lot of small leather concerns(not cos.). keep overvaluing inventory to satisfy bankers as well as maintain profitability.
Anyway I have also applied 4 full applications in CANTABIL and have not withdrawn.
NIREN
465. Sj| Link| Bookmark|
September 30, 2010 12:48:56 AM
(400+ Posts)
Niren at 464
You cannot just take and take in life
You have to give also
If you are CA then plz study inventory and balance sheet
and tell me if there is any miscrepencies you can find
SIR IT IS ALWAYS GOOD TO ASK THAT TO CAs
Coz you have better accounting background than me
Nahi karoge to main aap pe ilzaam laga dungaa ke aaap koo freee mein LADDDU KHANEE KI ADATT HAII
SO BEWARE AND GIVE ME INVENTORY ANALYSIS OF CANTABILL AFTER DOING FORENSIC OF ITS BOOKS
LOLLLLLLLLLLLLLLLLLLLL
I am requesting you not just for my sake but for yours and Other people who want info as they applied to Cantabill
CANATBIL MAY TEST MOOST IMPORTANT QUALITY FOR SUCCESFUL INVSTORS IN ONE WORD
I.E PATIENCE
PATIENT INVESTORS SHUD BE REWARDED IN THIS CO
460. Sj| Link| Bookmark|
September 30, 2010 12:15:48 AM
(400+ Posts)
Saharanpurji
Good Info as you told me before
I talked to guy
He said inventory levels are high coz company is expanding at high rate.
whenever store expansion is at fast rate you have to stock inevntory so that once after establishment set up it will take time to get customers coz new store
so they keep adequate inventory level
coz they want to ensure that there is no shortage of inevntory in new stores
he said in some stores they did that mistake of not stcking inventory previously
Demand was soo huge on store opening since Cantabill was known brand in that region that inventory went short and that affected customer sales initallly
Now they are expanding to new 180 stores in 2010-11 and 250 stores that is 180+70 by 2012-13
So it is good news and also confirmed by that contact of yurs
there is nothing to bother
Plus he also said Koutons will be a good target buying candidate like Vishal is now bought by lenders
When i asked him will CANTA GO FOR IT
HE STAYED QUIET AND DID NOT REPLY
THAT IS GOOD ENOUGH REASON FOR USS TO TAKE A HINT
WHAT SAY
...?
PLZ REPLY...ON THIS
WHATS YOUR TAKE DID YOU GET any INFO...?
Debt equity is 2:1
It will come down post listing
Also since Indian consumers are going to spend more on organised retail now
There will be nooo drought of consumers even in global recession
COZ INDIAN CONSUMERS ARE NOT LIKE BANKRUPT US CONSUMERS
CANTABIL OWNER VvIJAY bANSAL IS A FIRST GENERATION ENTREPRENEUR WHO HAS CREATED N BROUGHT CANATBIL TO THIS LEVEL IN 10 YEARS WHICH IS COMMENDABLE .
HE MAY BE TYPICAL LALA BUT KNOWS HIS BUSINESS INSIDE OUT.SEEMS TO HV FIRE IN BELLY WHICH IS MOST ESSENTIAL QUALITY FOR A SUCCESSFUL BUSINESS MAN.GIVE HIM A CHANCE . VALUATIONS ON PRE ISSUE EQUITY OF PE 7 ARE FAIR N WITH FRESH INJUNCTION OF FUNDS IN COMPANY THE CO SHOULD REACH IN NEXT ORBIT PROVIDED QUALITY IS MAINTAINED.
CONCEDE WHEN WAS THE LAST TIME YOU VISITED YOUR TAILOR N IMAGINE THE POTENTIAL GROWTH IN TIER 2/3 TOWNS BESIDES CITIES