Can Imagica create the magic for shareholders??

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We are big fans of theme parks but the problem in India is either they are too expensive like wonderla holidays or the quality of theme park is way below the standards (Let’s not name the small theme parks with the shitty crowd and stuff). 

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Market @ 9000/- What’s Shikhar Capital is doing???Booking profits and running !!

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So market still stares at 9000/- levels and our earlier targets of 9400-9600 are still intact.

However, again the mid cap and small cap stocks are hitting roughs and whenever stocks like Lycos starts hitting upper circuit we get skeptical. Stocks like Delta corp are up 70 % from Demonetisation and Brexit low. How come they are commanding such (more…)

Market commentary- Nifty @ 9000, UP elections and Global market views!!!

So Nifty is knocking at 9000/– Historic moment indeed. Fantastic volatility, first the lows of 6800 during last Jan ’16 – Feb’ 16, Then it went to highs of 8800, after that, it again went down to 8000 due to demonetisation & Trump(On same day ) and after that, a straight forward bullish march to 9000/-

We at Shikhar capital were lucky enough to get these lows and highs correct even though we don’t speculate. But since we are low on capital we have to churn our portfolios to get some more juice. If capital allows we would love to keep our portfolio intact for years together.

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Why we love McDonald’s burger and why it is our top holding !!

 Why Mc Donald’s is our top holding ??

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How could anyone get wrong with this?

Westlife development is the franchise for McDonald’s in India (West and South )

  1.  Westlife Development is the franchise of  Mac Donald’s for West and south region.
  2. 232 stores are already there and expected to be doubled in in next five years.

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Nifty @9000 Market commentary!!!

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So, Nifty at the doorsteps of  9000, all the bears are hiding and bulls are on the rampage , so the tide is getting higher.The D mart IPO of 18000 Crores  is one of the biggest and going to suck liquidity but who cares. 2008 bull market ended with Reliance power IPO, but before that DLF IPO (IPO price 1000  right now at 145 ) and Big Bazaar IPO (IPO price 1000 if I am correct and now n number of companies with god knows the complexity of valuations huh….). So are we on the cusp of the end of this run … we at SHIKHAR CAPITAL don’t think so….. (more…)

What we in India can learn from Berkshire Hathways newsletter 2016-17

So the annual newsletter of Berkshire Hathway is out and has all the wisdom needed for a value investor

 (http://berkshirehathaway.com/letters/2016ltr.pdf)

 

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Since Indian markets are at their higher end of valuations and all the stock recommendations from Shikhar capita are doing pretty well, it’s become very difficult to recommend new stocks, However

we decided to decode warren Buffett’s annual newsletter and how we read it … (more…)

What’s happening with TATA MOTORS? A compelling buy at 450/- ??

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So,after a long time markets are above 8800. And again the cigar butt stocks are going to the stratosphere. It’s becoming really difficult to recommend stocks when the stock market are at the higher end of valuations, BTW we still believe we are on to 9600/- soon. At this point of time, we at SHIKHAR CAPITAL are  “All In” as they say in Poker, With top recommendations include Westlife and Jubilant food works.

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Jet airways – Could it fly high?

Should you buy Jet Airways at 375/- 

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One of the toughest businesses in the world is airlines. Risks are too high and profit forecasts always go for a toss. There are long talks by Warren Buffett and Charlie Munger on why airlines are the bad business and their stocks even worst. (more…)

FMCG stocks, tough times ahead thanks to Patanjali

How Patanjali has become one of the fastest growing Indian company …

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A couple of days back I visited a Patanjali superstore in Pune. What I saw was just unbelievable. The quality of store and the arrangements with new Patanjali products was way better than any of the Big  Bazars or Reliance retails(By the way reliance retail stinks).

The wow factor is the product range being offered by Patanjali. I never expected to see sunscreen lotions or Kajal, the Biscuits or choco cornflakes, the Chocolates. All these products which have been the strong hold of companies like Nestle, HUL have been copied in every way. By the way, this reminds me of famous quote  “Good artists copy, great artists steal. Pablo Picasso” (more…)

AI is coming faster than you think …. #joblessfuture

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Pingback:  via Daily Prompt: Aware

by Martin Ford”

““the holy grail of Silicon Valley entrepreneurs is the disruption of entire industries – because that’s where the big money is to be made”.

In the great tradition of revolutions swallowing their own, one high-skill group of workers to have suffered already is the members of IT departments.

(No wonder that the sitcom The IT Crowd is starting to seem as historical as Dad’s Army.) But they’re not alone. Since 2000, the number of financial workers on Wall Street has fallen by 50,000 – around a third – as high-frequency trading programmes complete 100,000 transactions in a 10th of second, while simultaneously seeking to mislead their electronic competitors. Now, according to Ford, “nearly any white-collar job that involves sitting in front of a computer manipulating information” is under threat.”

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