Spin-Off as a market Ineffeciency.

#1
Sharing with you all the Orient Cement Report I submitted to Safal Niveshak.com as part of its completion. I didn’t win nothing there, but my stock has doubled since then so no complains!!!.

Spin-offs as a theme as explained by Joel Greenblat plays itself out, time and again. I am not sure why this anomaly in the market never gets fixed. I mean I am not complaining as it gives us a chance to make a living but it is a matter of intellectual stimulation for me.

Every time a cash cow is spinned off from the clutches of a mediocre business, it is as if a rebirth of a new company and strangely enough market takes time to re-rate. Enough time for us to at least double our money.

Download report here

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Disclaimer: I am not suggesting you to buy every demerger and spin-off without due diligence. Please consult your financial planner. You can always make a side car investment with us to see first hand what we are doing. for more info contact www.mysticwealth.in
 

Einstein

Well-Known Member
#2
Very well done. take my suggestion, don't waste your energy for someone else. Invest for your own.

I like your report but it lack some basic points which I would like to read in a report. However I am reading the annual report and I think the valuation of the stocks stands near to 120-130Rs. per share. seems good.

looking at the price, it seems like you're got rich quickly because rakesh jhunjhuwalal bough few lakh shares of it.
 

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