WINNING STROKES: THINK DIFFERENT
There is no stopping of Vijay Shanthi Builders Ltd as the scrip touched Rs.23.70 today. This is a Chennai based builder having huge land holdings.
Today as expected the Bank Nifty performed well. In the coming days most of the bank stocks will do well. Accumulate IFCI Ltd in all dips. This stock is moving towards, Rs.35-37-41 mark in the coming days and hence do not wait--simply accumulate.
Another stock which could outperform in the coming days is Jupiter Bio Science Ltd which has been battered beyond recognition.Today the scrip closed at Rs.12.94. A good delivery based buying is seen in the counter since the last few days.
I do not understand one thing: If Mahindra Holidays and Resorts Ltd can trade at Rs.295.5 having a book value of only Rs.59.83 and P/E of 22.15, then why should Country Club Ltd having a book value of Rs.77 and P/E of 6.37 should trade below Rs.24--26? I fail to understand these kinds of aberrations in the market. According to me Country Club Ltd from the current price of Rs.8.6 should give at least 3 fold returns going forward. I have written many times about this hidden gem, but still writing one more time: The company is executing a Rs.300 Cr expansion plan. The Company is constantly trying to improve its properties and also try to increase the opportunities for its members to get the value for their money. The Company's Dubai office has been positioned to serve as the strategic base for global expansion. In the coming years, the Company will expand its brand's footprint across Middle East and Africa. The Company aims to increase memberships by four fold to one million from about 2,50,000 members in the last Fiscal. In the pipeline the Company has plans to establish offices in Doha, Bahrain, Saudi Arabia (Riyadh and Jeddah) and Kuwait in the middle east region. Kenya and South Africa are also on the expansion radar with the Company looking to set up base in Nairobi and Johannesburg in the near future. The Company is also looking at Malayasia and Singapore to expand its clubbing and Hospitality business.
I do not understand one thing: If Mahindra Holidays and Resorts Ltd can trade at Rs.295.5 having a book value of only Rs.59.83 and P/E of 22.15, then why should Country Club Ltd having a book value of Rs.77 and P/E of 6.37 should trade below Rs.24--26? I fail to understand these kinds of aberrations in the market. According to me Country Club Ltd from the current price of Rs.8.6 should give at least 3 fold returns going forward. I have written many times about this hidden gem, but still writing one more time: The company is executing a Rs.300 Cr expansion plan. The Company is constantly trying to improve its properties and also try to increase the opportunities for its members to get the value for their money. The Company's Dubai office has been positioned to serve as the strategic base for global expansion. In the coming years, the Company will expand its brand's footprint across Middle East and Africa. The Company aims to increase memberships by four fold to one million from about 2,50,000 members in the last Fiscal. In the pipeline the Company has plans to establish offices in Doha, Bahrain, Saudi Arabia (Riyadh and Jeddah) and Kuwait in the middle east region. Kenya and South Africa are also on the expansion radar with the Company looking to set up base in Nairobi and Johannesburg in the near future. The Company is also looking at Malayasia and Singapore to expand its clubbing and Hospitality business.
The Company has eighteen subsidiary outfits as on 31st March, 2011:
Domestic Subsidiaries:
1. Aquarian Realtors Private Limited
2. Bush Betta Holiday Ownership Wildlife Adventure Resort Private Limited
3. Bright Resorts Private Limited
4. Chanakyapuri Resorts Private Limited
5. Club Arzee Limited
6. International Country Holidays Private Limited
7. Jade Resorts Private Limited
8. JJ Arts & Entertainments Private Limited
9. Kolet Resort Club Private Limited
10. Maruti Waterpark and Entertainments Private Limited
11. Country Vacations International Limited, India
12. Swami Vivekanand Training and Education Centre Private Limited
13. Swimwel Investment and Trading Private Limited International Subsidiaries:
14. Country Club Babylon Resort Private Limited, Sri Lanka
15. Country Vacations International Limited, Dubai
16. Country Vacations International LLC, Dubai*
17. Country Vacations International LLC, Oman*
18. Country Vacations International LLC, Abudhabi*
* Has become subsidiary of the Company under Section 4(1) (c) of the Companies Act, 1956.
New Ventures:
The Company has added two more feathers in its cap, during the FY11, who details are given as under:
I. Acquired Club Arzee, an existing Recreation Club at Surat owned by M/s. Club Arzee Limited by way of acquisition of 100% shareholding.
II. Set up an overseas entity at Abu Dhabi i.e. Country Vacations International LLC-AbuDhabi to cater to the needs of the members in Abu Dhabi and is a subsidiary of Country Vacations International Limited – Dubai, UAE. Moreover, it is spread across 53 properties (33 owned, 17 associated properties and 3 leased); reinforced by 220-plus Indian and global affiliations (via Country Vacations) and 3900 resorts (via RCI affiliation). It is the country’s biggest chain of family clubs (recognized by the Limca Book of World Records). It has over 200,000 members comprising 650 corporate clients (Microsoft, Satyam Computers, Global Trust Bank, Brooke Bond Lipton (India) Ltd, CMC Ltd and Dr. Reddy’s Laboratories Ltd, among others). Tourism and hospitality being one of the largest service sector in India, contributes around 6.23% to the national GDP and 8.78% of the total employment in the country. India welcomes around 6 million international visitors every year and nearly 562 million domestic tourists. The Ministry of Tourism has made various efforts to expand the tourism infrastructure at various destinations in India. These efforts are a judicious blend of traditions, legacy, religion and eco-tourism projects that intend to offer the tourists a holistic experience. India currently holds the 12th position in Asia and 68th position in the list of overall in the list of the world's most attractive tourist destinations, as per the Travel and Tourism Competitiveness Report 2011 by the World Economic Forum (WEF). The increasing numbers of both domestic as well as international tourists have been very encouraging for the Indian travel and hospitality sector which has nearly doubled during the last three years. The tourism and hospitality industry experienced a healthy growth trend of 24.6% during 2009-10 as compared to 2008-09. The total number of foreign tourists in the country in 2010 was 5.58 million as compared to 5.17 million in 2009, registering a rise of 8.1%, according to the
Market Research Division of the Ministry of Tourism. This gives a great viability of its business model and earning potential.
Domestic Subsidiaries:
1. Aquarian Realtors Private Limited
2. Bush Betta Holiday Ownership Wildlife Adventure Resort Private Limited
3. Bright Resorts Private Limited
4. Chanakyapuri Resorts Private Limited
5. Club Arzee Limited
6. International Country Holidays Private Limited
7. Jade Resorts Private Limited
8. JJ Arts & Entertainments Private Limited
9. Kolet Resort Club Private Limited
10. Maruti Waterpark and Entertainments Private Limited
11. Country Vacations International Limited, India
12. Swami Vivekanand Training and Education Centre Private Limited
13. Swimwel Investment and Trading Private Limited International Subsidiaries:
14. Country Club Babylon Resort Private Limited, Sri Lanka
15. Country Vacations International Limited, Dubai
16. Country Vacations International LLC, Dubai*
17. Country Vacations International LLC, Oman*
18. Country Vacations International LLC, Abudhabi*
* Has become subsidiary of the Company under Section 4(1) (c) of the Companies Act, 1956.
New Ventures:
The Company has added two more feathers in its cap, during the FY11, who details are given as under:
I. Acquired Club Arzee, an existing Recreation Club at Surat owned by M/s. Club Arzee Limited by way of acquisition of 100% shareholding.
II. Set up an overseas entity at Abu Dhabi i.e. Country Vacations International LLC-AbuDhabi to cater to the needs of the members in Abu Dhabi and is a subsidiary of Country Vacations International Limited – Dubai, UAE. Moreover, it is spread across 53 properties (33 owned, 17 associated properties and 3 leased); reinforced by 220-plus Indian and global affiliations (via Country Vacations) and 3900 resorts (via RCI affiliation). It is the country’s biggest chain of family clubs (recognized by the Limca Book of World Records). It has over 200,000 members comprising 650 corporate clients (Microsoft, Satyam Computers, Global Trust Bank, Brooke Bond Lipton (India) Ltd, CMC Ltd and Dr. Reddy’s Laboratories Ltd, among others). Tourism and hospitality being one of the largest service sector in India, contributes around 6.23% to the national GDP and 8.78% of the total employment in the country. India welcomes around 6 million international visitors every year and nearly 562 million domestic tourists. The Ministry of Tourism has made various efforts to expand the tourism infrastructure at various destinations in India. These efforts are a judicious blend of traditions, legacy, religion and eco-tourism projects that intend to offer the tourists a holistic experience. India currently holds the 12th position in Asia and 68th position in the list of overall in the list of the world's most attractive tourist destinations, as per the Travel and Tourism Competitiveness Report 2011 by the World Economic Forum (WEF). The increasing numbers of both domestic as well as international tourists have been very encouraging for the Indian travel and hospitality sector which has nearly doubled during the last three years. The tourism and hospitality industry experienced a healthy growth trend of 24.6% during 2009-10 as compared to 2008-09. The total number of foreign tourists in the country in 2010 was 5.58 million as compared to 5.17 million in 2009, registering a rise of 8.1%, according to the
Market Research Division of the Ministry of Tourism. This gives a great viability of its business model and earning potential.
Please visit this blog for latest on Country Club India Ltd: http://countryclubmedia.blogspot.in.
Therefore, at the CMP of Rs.8.60, the shares of Country Club Ltd are dirt cheap, as it has a steady business model from where there is some guarantee of its revenue generation.
Now a reputed Bombay based brokerage house has recommended my favourite, Allahabad Bank for a target of Rs.214 and Indian Bank for a target of Rs.270. Today following calls were recommended to the Paid Groups:
(i) Buy Dredging Corporation of India at Rs.290, T--Rs.380, SL--Rs.265. It reached Rs.299.65, intra-day.
(ii) Buy Educomp Ltd above Rs.211, T--Rs.236. The scrip reached Rs.216.60, intra-day.
(i) Buy Dredging Corporation of India at Rs.290, T--Rs.380, SL--Rs.265. It reached Rs.299.65, intra-day.
(ii) Buy Educomp Ltd above Rs.211, T--Rs.236. The scrip reached Rs.216.60, intra-day.
The Price of the Paid Services is going to increase from 1st February, 2012. Hence, those who want to renew or take fresh subscriptions, should do it before this stipulated date. Those who are having a portfolio of more than Rs.2 lakhs they can join my brokerage house, and get one year subscription free and 50% discounts in the next two years of subscription (this offer is valid till 31st March, 2012). Also, some seats are open for Profit Sharing Arrangement; if anyone has a portfolio size of more than Rs.5 lakhs (for NRIs it is 15 lakhs), they can send me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com. Those who have sent me mails for fresh subscription, should give me a couple of days to respond.
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