Sensex

Thursday, October 15, 2009

[Ways-2gain] Fwd: Diwali musings...

 



Deepak Chopra is a world-renowned authority in the field of mind-body healing

Scroll below to read one of the insights he has shared with the world.
It's particularly apt for us investing folks, who are used to chasing 'returns'.
I wish you lofty thoughts and inspired action this Diwali !

--------------------------------------------------

There is an ancient Vedic story about a young man who went in search of the secret of abundance. For many months he traveled through the countryside until one day deep in the forest he met a spiritual master and asked him if he knew the key to having unlimited wealth and riches.
The spiritual master answered, "In the heart of every human being there are two goddesses: Lakshmi, the Goddess of Wealth, is generous and beautiful. If you worship her, she may bestow you with treasures and riches, but she is capricious and may also withdraw her support without warning. The other goddess is Saraswati, the Goddess of Wisdom. If you venerate Saraswati and dedicate yourself to attaining wisdom, Lakshmi will become jealous and pay more attention to you. The more you seek wisdom, the more fervently Lakshmi will chase you, showering you with wealth and abundance."

While many people spend their lives pursuing Lakshmi – money, fancy homes, luxury cars, and other symbols of wealth – true abundance isn't about getting your ego's wish list met in a timely manner; it's knowing that who you really are is pure consciousness, pure potentiality. Your sense of self expands beyond your identification with the ego mind and physical body and you awaken to your essential spiritual nature. In this state of expanded awareness, you let go of limiting beliefs and fears, allowing the infinite field of intelligence to fulfill your needs and desires with effortless ease.

In our present economic climate, the mass hypnosis of fear and scarcity can be almost irresistible. Instead of depleting your mental energies with worry, focus on cultivating spiritual wealth, enthusiasm, and your desire to fulfill your potential.

----------------------------------------------

 


 

--
Management lies in dropping the last alphabet: manage – men. still better, drop one more alphabet: manage – me.

Samir Kumar Shah.
9830405060

__._,_.___
Recent Activity:
.

__,_._,___

Fw: Eagle Eye: Moving parallel

 
Eagle Eye (equities)
[For October 16, 2009]
 Summary of Contents
 
PUNTER'S CALL

Moving parallel
Nifty consolidated after a breakout from a triangular pattern and the target for which is 5250..
.


 
SMART CHART CALLS
 

 
MOMENTUM CALLS
 

Click here to read report:
Eagle Eye
 
 
Regards,
The Sharekhan Research Team
myaccount@sharekhan.com

Manage your newsletter subscriptions

 
 

DG - FW: Stock Ideas: Zydus Wellness (Wealth in health)

 

 

 

From: Sharekhan Fundamental Research [mailto:newsletters@m3c1.sharekhan.com]
Sent: 15 October 2009 16:39
To: justrohit@gmail.com
Subject: Stock Ideas: Zydus Wellness (Wealth in health)
Importance: High

 

 

Stock Ideas
[October 15, 2009]

Sharekhan
www.sharekhan.com

Summary of Contents

STOCK IDEAS 

Zydus Wellness
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs235
Current market price: Rs184

Wealth in health

Key points 

  • Strong brands in fast-growing niche segments: Zydus Wellness owns strong brands Nutralite (34% of turnover), Sugar Free (39% of turnover) and EverYuth (26% of turnover) that have literal dominance in their fast growing categories. While Nutralite has a market share of 75% in the margarine (a low-cholesterol butter substitute) market, its sales have doubled in the past three years, in line with the trend in the category. Similarly, both Sugar Free, with an 82% market share in the low-calorie sugar substitute space, and EverYuth, with its stronghold in the facial peel off, scrub and face wash categories of speciality skin care products, have grown at a CAGR of 25% over the same period. 
  • At an inflexion point: Given the proliferation of the lifestyle diseases, mainly those related to heart and diabetes, and the increasing awareness regarding health and fitness, Zydus Wellness? product basket has the potential to sustain a high growth in the medium to long term. We expect the company to grow its sales at a hefty CAGR of 26.5% over FY2009-12 on the back of handsome growth in the existing products, new products, brand extensions and an improved distribution reach. With its operating profit margin exceeding 20%, the company?s profits are expected to grow at a strong CAGR of 30.3% over FY2009-12. 
  • Healthy return ratios and free cash flows: Zydus Wellness is a debt-free company with free cash of Rs72 crore on its books. It runs the business on advance collection terms from distributors and customers. This implies minimal working capital blockage and zero bad debt risk. Given the strong internal accruals, the company will not require any equity or debt financing to sustain its organic growth and will be able to pay good dividends on a recurring basis. Like most of the sound FMCG companies, Zydus Wellness has strong return ratios with its RoE and RoCE exceeding 40% and 60% respectively.
  • Attractive valuations: The stock is trading at 20.4x its FY2010E earnings and 15.7x its FY2011E earnings and appears attractively priced at these valuations, considering the company?s sound business proposition, strong financials and the prospect of sustainable high growth over the next few years. We initiate coverage on the stock with a price target of Rs235 that is derived on 18x average of FY2011E and FY2012E earnings (period ending September 2011) and offers an upside of 27.5% from the current market price of Rs184.


Click here to read report:
Stock Ideas

Regards,
The Sharekhan Research Team

myaccount@sharekhan.com

 

__._,_.___
Regards

BigGains !!
Recent Activity
Visit Your Group
Give Back

Yahoo! for Good

Get inspired

by a good cause.

Y! Toolbar

Get it Free!

easy 1-click access

to your groups.

Yahoo! Groups

Start a group

in 3 easy steps.

Connect with others.

.

__,_._,___

Re: [Ways-2gain] "Indian Entertainment and Media Outlook 2009" - PWC

 

you can download the report by giving short details of yours from http://www.pwc.com

Thanks & Regards,   Viral Shah

__._,_.___
Recent Activity:
.

__,_._,___