TTK Prestige – A Multibagger Stock
It is quite sometime now when I have not shared any stock specific tips until today where I share a Multibagger stock.
TTK Prestige is one of the few Multibagger stock for past 52 weeks with a six-fold gain.
What triggered the massive rise in the stock price?
TTK Prestige has managed to tap into the purchasing power in rural market and tier-II/III cities.
What next?
I think this stock has lot of steam left. An EPS of 50+ and P/E ratio of around 17. I expect a return of 20% in the next coming one month or so.
Data by MoneyControl.com, Charts by Yahoo Finance
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Hello Shabir,
I wonder what made you to suggest TTK prestige! Did you notice its current price and P/BV ratio. It is a very expensive stock and the ratio stood at whopping 8.9! EPS is impressive but P/E ratio is close to the industry average.
This stock may be good but it is too expensive to but at the moment.
What is your views?
What is your P.E ratio because for me it is not as expensive as the market.
Hi Shabbir,
I am impressed on the research of yours. I wish you could add more equity stocks for the investors to invest in the company which has good fundamentals and technicals.
Thanks but I do not prefer to do that but what I prefer is tell reader’s how to find such stock for themselves.
Hi Shabir,
I said it is an expensive stock becuase:
TTK current Price is : 1002.7 and P/BV is : 9.3(That means: Current price is more than 9 times of its current Net worth or Book value)
P/E Ratio : 18.58 ( Industry average is 20.24) Earnings are good.
What is your target for this stock Shabhir?
Salm
My Target is 1200 but short term target is 1080. PE ratio is 18 but I took the stock around 960 and so I am already making the profit and above 1000 is costly
I am out of TTK prestige ( See http://shabbir.in/ttk-prestige-proved-to-be-multibagger/ )
Hi Shabbir,
I was just searchin on net abt TTk prestige got ur this link…..if i see it on today it ws a gr8 call. I just wanted 2 knw hw u found this stock? Kindly share ur analysis with me so that i cn also utilise it in my trading….Do u reccomend any software or any useful methodology for trading.
Kiran, Yes it was a gr8 call and I even did not expect that big a move but yes I did make lot of money from it and also could have made more. Now answering your question about how I found this stock. It was suggested to me by my broker and then I did my own analysis on the stock to see that it could be a good stock. I shared in my book here how to go about applying such technical knowledge on stocks like TTK Prestige and many more. Let me know if you have any more questions and I will be more than happy to help.
Shabbir,
really appreciate the work you are doing.
You have a fab website.
regards,
Salim Babuchandran
Hello Shabir,
Which sector do you strongly suggest to enter at the moment? Which sector would likely to perform the year 2011?
ANy idea?
Salma, I think sector driven by Indian growth like food articles and products targeted for Indian population specially villages.
can you spefic about the sector. Because villagers do not usually rely upon readymade food items they always rely upon naturally available at their place.
Can you be little more specific: Do you mean rice and cooking oil companies?
No I mean companies that target Indian villagers and are ready to take the boom into that areas especially small price items like 2,5 and 10 Rs. Products like Parle G or similar companies like Colgate, Nestle, Marico or any others.
Hi,
I went through your book and understood the concept.
I applied your chart strategy to couple of my stocks.
Do you still suggest dish TV to enter at the moment?
From the today’s chart I saw an opportunity to enter now. What is your call, Shabir?
REgards
salma
Salma, we may both look at the chart differently depending on the time zone and type of investment but if you see some opportunity you can do some paper trading as well and see if the stock works as you expect and how just to give you some idea.
Hello Shabir,
Eid Mubarak to you and your family!
Have you tried Warren Buffet’s Value investing methods?
Any idea: How does net earning of a company is calculated in percentage? ( Is it net profit divided by gross income?)
How do arrice at dividend figure in percentage for this calculation?
– Is it dividend divided by profit or
– Is it dividend divided by Networth ( Book value) or
– Is it dividend divided by the current Market price of the stock?
Waiting for your commment.
Salm
Warren Buffets method of investing work for patient investors in the market and I am not very patient personality and so it does not work with me most of the time. Net earnings calculation and percentage calculation are two different things.
Dividend is based on face value and not on other things so 50% dividend would mean 5 Rs as dividend assuming face value of Rs 10.
No. I was asking: How to calculate Net earning of a company in percentage.
About dividend: I know, dividends usually refered in respect to the face value of the stock. ( It is just to enhance marketability of the stock by saying 100% or 200% dividends and so on..) But actually it is not the right way to do. So many companies mention dividends in respect to the stock price.
Come to the question I asked: I was not referring to this. In fact, I was asking: How do arrive at dividend figure in percentage for the calculation with Warren Buffet’s Value investing methods.
Please visit the following URL for more info:
Now I am not sure I understood much anything from that video because the formula was net earnings+dividend where as net earnings is some percentage and is not clear how it is calculated. You probably need to ask the person who created that vidoe Salm
Shabir,
I was actually asking you the same question. I thought you will have som idea.
Another thing, my email address seems to be removed from your list. I am not getting any email alerts as and when you posted your response here.
Hope you can rectify this.
Salm, I could have helped but the video does not reveal the exact source of information and so it becomes difficult to judge what he is trying to say. The second thing is Berkshire Hathaway Inc. cannot be formed with one sheet of formula. Yes he may have lot of formulas and this could be one of them.
Now about your email issue can you email me your email address where you used to get the emails and now you don’t get them.
Shabir,
Email address I used to post this comment.
Earlier I used to get alerts to this mail address as and when you replied to my comment. Last few days, i am not getting that so I never know when you replied unless I visited the same page in your blog where I posted my comment.
blogmail70-fitness@yahoo.com
I see you are subscribed to the threads where you have posted comments and so you should be getting the emails. If you are not getting them there may be some issue with the new server that we just moved to. I will look into it and update here ASAP.
Thanks for pointing that out and the move to new server caused the issue and it is now fixed. You will get all those pending emails as well now. Let me know if you still have the issues.
http://rakeshjhunjhunwalafan.blogspot.com/2011/09/technical-analysis-on-ttk-prestige.html
Call For 13 Sept 2011
Go Short at 3000 Levels SL 3050 on Closing basis.. Target 2800 and lower…
Shabir,
Do you suggest entry to TTK prestige at this level? Do you know any other stocks identical to TTK prestige?
how about other companies of TTK prestige group? do you bet on them?
No Salman, I am not into ttk prestige above 2400 hundred as of now. Other stocks of peer company looks good.
How about Bajaj electricals? It is in the same line of business.
Do you find any price movements to this stock in the coming days similar to the one we saw with TTK prestige last one year?
On what basis you see Bajaj electricals in same line of business as TTK Prestige?
Both are in to house hold item mfg. How about Panasonic Home appliances?
Could you suggest some identical scrips( such as TTK prestige)to enter at this moment?
thanks
Yes but one is electricals and other is kitchen appliances. Also TTK Prestige saw tremendous growth because of its target audience to villagers in the bad times.
To be frank, I regret for not using this opportunity last year. This time I want to make it.
The thing that is gone is gone and you should move ahead now. There are many such scripts and one of them I think is HiTech Plasts still but has not performed well for last one year.
It is good one but it is still has some debt. I will keep a watch on this scrip. thanks.
But do you suggest any scrips like TTK in the kitchen appliances or FMCG that make daily use products?
Supreme Industries is one of them you can look at.