Month: April 2014

What makes us happy

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Top blogs to follow

A very happy Easter to everyone.

If you  like to read more than what there on Google news, then you need to dig web a lot more and in a different way. Here is my view on some of the most exciting places on web to read cool and meaning full substance.

Blogs

Tiny Buddha

Here is how Lori describes her blog –Tiny Buddha is about reflecting on simple wisdom and learning new ways to apply it to our complex lives—complete with responsibilities, struggles, dreams, and relationships. Over 1.5 million members have found happiness with forum.

Zen Habits

Zen Habits is about finding simplicity in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness. The blog claims to be one of the Top 25 blogs and Top 50 websites in the world, with more than a million monthly readers. I like Leo Babauta’s simple and affable writing style presenting simple things in simple ways

The Art of Non-Conformity

A home for unconventional people doing remarkable things, that’s how Chris Guillebeau defines his blog. He writes on variety of topics ranging from personal development, entrepreneurship … Read the rest

The wait list Investing – Example of Selan Exploration

We added Selan exploration to model portfolio recently here is my detailed analysis.

About

SELAN is engaged in oil exploration and production of crude oil and natural gas. The seismic data acquisition being undertaken for the Company’s oilfields has been completed. The Company’s oil fields are located in Bakrol, Indrora and Lohar oilfields in the State of Gujarat. The Company also has Ognaj oilfield and Karjisan gasfield situated in the State of Gujarat.

 

Now first of all if you don’t understand E&P business its better you avoid this one. This is a complex industry which requires detailed study.

Look at the production levels for company

Year Lohar Indora BAKROL  TOTAL
OIL GAS OIL GAS OIL GAS OIL GAS
(1000 Tones) mm3 (1000 Tones) mm3 (1000 Tones) mm3 (1000 Tones) mm3

2004

2.64

0.04

0.79

0.04

5.54

0.13

8.97

0.2

2005

2.82

0.04

0.86

0.04

6.16

0.14

9.84

0.22

2006

2.63

0.04

0.74

0.03

7.02

0.16

10.38

0.24

2007

3.87

0.06

0.81

0.04

9.58

0.22

14.27

0.32

2008

4.98

0.08

0.98

0.04

13.4

0.31

19.36

0.44

2009

6.07

0.1

0.69

0.03

33.85

2.31

40.61

2.44

2010

5.76

0.1

0.64

0.03

29.28

10.26

35.67

10.39

2011

5.83

0.1

0.56

0.03

21.16

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Why I bought Symphony at a high PE ?

We recently added Symphony to our model portfolio . Here is my complete analysis and reasoning for adding it to model portfolio

Symphony Limited manufactures and sells consumer durable products in India. It’s name synonymous to Air coolers in India.

Business

Symphony Limited manufactures and sells consumer durable products in India. The company provides domestic, commercial, and industrial air coolers across various models under the Symphony name. It offers desert, tower, room, and personal coolers for residences, shops, showrooms and offices; heavy duty industrial air coolers for factories, offices, schools, malls, assembly halls, warehouses, and metro stations. The company also provides storage and instant water heaters under the Sauna name. Symphony develops its own models, designs and prototypes of air coolers before giving it to OEM’s for large scale manufacturing. In addition, Symphony Limited holds intellectual property comprising 8 patents, 49 designs, 108 trademarks, and 7 copyrights. The company also exports its products to approximately 60 countries. It offers its products through a network of approximately 750 distributors and approximately 15,000 dealers across India.

Positives

–          Well positioned to encash the growth

–          Leading player in the air coolers market

–          Huge product portfolio with innovative products

–          Strong dealer Read the rest

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