| |||||||||||||||||||||||||||||||||||||||||||||
Friday, October 30, 2009
Upto 20% off on Gillete and pantene products
GSIFS Newsletter Do Things That You Are Told Not To Do!
invest smartly is to not listen to what people around you are saying.
It goes all the way back to even before I started investing. I was
told not to invest in the stock markets because it is gambling and
almost everybody loses money. It is gambling only for those who invest
without knowledge, guidance and based on hot tips and such people do
end up losing money. For me it has been one of the best blessings in
life.
When I started investing, I was told by brokers and other players to
indulge in day trading and futures and options trading. I did try it
and ended up losing money. Thankfully, I could afford the losses I
made. It taught me a lesson never to listen and follow random people.
Following Dhirubhai Ambani, Sunil Mittal or Laxmi Mittal make sense –
but following your orthodontist when it comes to investing or business
is a bit silly.
Later, when I started picking up value based assets a lot of people,
including relatives ridiculed me. I remember long back I picked up
Bank of India and how an uncle of mine made fun of me and told me I
was too young to understand anything. He told me Bank of India would
not be able to survive when big International banks came in India. He
was working with an international bank which recently went bankrupt.
Bank of India went up all the way from Rs. 10 to Rs. 410. An
investment of Rs. 10 lakhs would be worth Rs. 4.10 crores. My uncle
instead had spent that Rs. 10 lakhs in buying some Japanese car. I
luckily have always believed that we Indians can do anything we want
to and we have the power to form the world's best companies
At the peak of the recent stock market crash, I bought while some of
the largest Mutual Fund Managers and TV analysts were selling and
talking about doom. We all know what happened. It was the same story
with Gold. Of course gold has rewarded investors more in dollar terms
than rupee terms, but the main spurt in gold is yet to come. Everybody
will be surprised by it.
Throughout life, I have realized that whenever I asked someone for
advice they usually told me not to do it. It is too risky. Steel,
cement, autos, power all were sectors which I invested in even though
people told me not to invest in them. I have realized that the best
way to invest most of the times is when everybody else discourages you
from investing.
This means that most others have still not realized the potential and
the opportunity available. How many people were buying companies like
LIC Housing Finance or Jindal Steel and Power barely ten months ago?
Today Jindal Steel and Power has rewarded investors over 700% while
LIC Housing Finance has rewarded investors over 370%.
Now does it make sense to run behind power IPOs today or run after
Jindal Steel and Power at these levels? I would go after new
investments which have been ignored by the masses, because once again
there is a possibility of extra ordinary returns.
Today a stock like Infosys can not make you several crores, if you
were to invest only a couple of lakhs. Two decades ago it would have.
Yesterday I was looking at the balance sheet of a company that can
easily reward investors 500%-600% in the coming 2-3 years simply based
on fundamentals. Still almost no Mutual Fund, Hedge Fund or Private
Investors have noticed it. In fact most of them have discarded it,
because they find it more exciting to run behind what is considered
'hot'.
Anyone who is investing below Rs. 15 – 20 crores can easily benefit
from such opportunities. I do understand that for a Mutual Fund having
Rs. 20,000 crores it becomes extremely hard to give the type of
returns I am talking about.
If the entire company is worth only Rs. 200 crores, how on earth will
they invest anything that makes a sizeable difference?
At this moment stay away from the Sensex – only look at hidden gems.
There still are a few. Life always gives us opportunities; it is up to
us to make the most of them. Over the years I have seen the financial
state of people change simply because they made the right investment
decisions.
Financial Technologies, Pantaloons, Bharti (Airtel) , Sesa Goa and so
many others are all examples of companies that have created immense
wealth for investors at one point or the other. Some of them have
multiplied investor wealth by over 50 times. If we go back in time, I
can guarantee you that people who bought them right in the beginning
must surely have been discouraged and de-motivated by everybody around
them.
The next time someone de-motivates you about doing something and tells
you not to do something. Think once again. It might just be the thing
that will change your life forever!
Yogesh Chabria
Find out multi-baggers like the above visit us at:
--~--~---------~--~----~------------~-------~--~----~
A part of www.GSIFS.com
-~----------~----~----~----~------~----~------~--~---
URGENT: EXCON 2009 - SCANIA Invitation
Sub: Scania Invitation and Envelope
The attached pdft artwork is OK. Kindly go ahead printing Scania Invitation.
The envelope shall have L&T logo with signature line (Larsen & Toubro) in single colour (Blue).
Kindly arrange to make the packing of printed invitation and label it as follows:
Hyderabad: 200
Ahmedabad: 50
Mumbai: 25
Pune: 25
Delhi: 50
Kolkata:50
Nagpur:50
Division:50
Total: 500
After completion, Kindly arrange to send the entire lot to PRO Mr. Hitesh T Shah.
Regards
v.subash
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
L&T KBL -- Mailing List
L&T Works/Orissa : 150 nos
Delhi Office : 100 nos
Mumbai Office : 100 nos
Hyderabad Office : 150 nos.
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
Re: Print Order for Specification reprint - EXCON 2009
Distribution given below:
PC600
N : 50
S1 : 50
W1:50
W2:50
E: 50
PRO : 250
D65
N :100
S1:100
W1 : 50
W2 :25
E: 50
S2 : 25
PRO :250
Thanks & Regards
S.Chatterjee
Construction Equipment Business
Bangalore:
"sc@pro.ltindia.com"
080-40401796
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
>>> Subash Vishwanathan 10/30/2009 3:36 PM >>>
Attn: RKP/GK
Please include L&T-Komatsu PC300 specification for printing. the total quantity required is : 3000 Nos.
Attached please excel sheet containing the distribution details. Kindly pack the specification sheets and mark on the packet accordingly for easy handling.
Pack EXCON 2009 quota separately, mark it and send to us.
All sample specifications are with me. Kindly arrange to collect the same.
Regards
v.subash
cc: SC/RBG - Please give zonal/divisional distribution details for balance quantities of Komatsu PC600 and D65E, so that we can request our printer to pack accordingly. We have placed order for 500 Nos. PC600 and 600 Nos. D65E.
cc: MN - as suggested through email, we are going ahead printing L&T-Komatsu PC300 as it is (as the change suggested (max. vertical wall digging depth) is kept in abeyance for the time being).
==================
Attn: RKP / GK
Please arrange to print the following specification sheets as per the quantities mentioned against each:
1) L&T-Komatsu PC71 : 5750 Nos.
2) L&T-Komatsu PC130 : 6750 Nos.
3) L&T-Komatsu PC200 : 7750 Nos.
4) L&T-Komatsu PC450 : 2000 NOs.
5) L&T 72 : 1000 Nos.
6) L&T 90 : 1000 NOs.
7) L&T 300 : 1000 Nos.
8) Komatsu D65E-12 : 600 Nos.
Regarding L&T-Komatsu PC300 : We will let you know tomorrow the quantities to be printed.
Will send you packing instructions in a day or two. Only EXCON 2009 quantities you have to supply us.
Please initiate action and arrange to deliver the catalogues immediately.
Regards
v.subash
cc: SC/RBG : Hope there is no change in D65E-12
cc: MN : Please let us know the correction(s) required in PC300 by tomorrow.
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
Print Order for Specification reprint - EXCON 2009
Please include L&T-Komatsu PC300 specification for printing. the total quantity required is : 3000 Nos.
Attached please excel sheet containing the distribution details. Kindly pack the specification sheets and mark on the packet accordingly for easy handling.
Pack EXCON 2009 quota separately, mark it and send to us.
All sample specifications are with me. Kindly arrange to collect the same.
Regards
v.subash
cc: SC/RBG - Please give zonal/divisional distribution details for balance quantities of Komatsu PC600 and D65E, so that we can request our printer to pack accordingly. We have placed order for 500 Nos. PC600 and 600 Nos. D65E.
cc: MN - as suggested through email, we are going ahead printing L&T-Komatsu PC300 as it is (as the change suggested (max. vertical wall digging depth) is kept in abeyance for the time being).
==================
Attn: RKP / GK
Please arrange to print the following specification sheets as per the quantities mentioned against each:
1) L&T-Komatsu PC71 : 5750 Nos.
2) L&T-Komatsu PC130 : 6750 Nos.
3) L&T-Komatsu PC200 : 7750 Nos.
4) L&T-Komatsu PC450 : 2000 NOs.
5) L&T 72 : 1000 Nos.
6) L&T 90 : 1000 NOs.
7) L&T 300 : 1000 Nos.
8) Komatsu D65E-12 : 600 Nos.
Regarding L&T-Komatsu PC300 : We will let you know tomorrow the quantities to be printed.
Will send you packing instructions in a day or two. Only EXCON 2009 quantities you have to supply us.
Please initiate action and arrange to deliver the catalogues immediately.
Regards
v.subash
cc: SC/RBG : Hope there is no change in D65E-12
cc: MN : Please let us know the correction(s) required in PC300 by tomorrow.
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
Re: URGENT - Scania single sheet leaflet
Regards,
Hitesh
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.
>>> Subash Vishwanathan 10/30/2009 2:24 PM >>>
Attn: Mr. Kini
Attached please find the Scania single sheet leaflet with corrections highlighted in two places on the reverse side of the leaflet. Kindly carry out the correction and send us the proof.
Regards
v.subash
cc: HTH - for your information.
Larsen & Toubro Limited
www.larsentoubro.com
This Email may contain confidential or privileged information for the intended recipient (s) If you are not the intended recipient, please do not use or disseminate the information, notify the sender and delete it from your system.