Latticework Investor

Value Investing

Amitabh Singhi of Surefin Investments

with one comment

Notes from the Value Investing Congress Twitter feed.

Amitabh Singhi of Surefin Investments

  • Many sectors in India large and mature, many sectors, IT, power, real estate, telecomm, pharma have exploded
  • 5000 listed companies in India, second to US
  • Singhi says that in India, wealth is worshipped
  • Bigger company valuations stretched, oppty in smaller co’s, little research coverage
  • 1360 companies with mkt caps less than $10 million have no analyst coverage
  • Buys “cigar butts”, Special situations, contrarian plays, and GARP
  • Will buy net/nets
  • Discussing Gujarat Pharmaceuticals, had an 80% return, then sold….became a 25 bagger ultimately
  • Bangalor is booming, will have huge infrastructure needs
  • bribery entrenched in India
  • Singhi likes “cigar butt” Cheviot, which makes “Jute”, which is vegetable fibre. Trading at cash
  • Cheviot trades below Is a net current asset value
  • Cheviot has 26% ROE last 10 years
  • Singhi avoids the following industries: metals, oil and gas
  • If investing in India, better to have assets on the ground in country

Written by latticework01

May 6, 2010 at 9:44 am

One Response

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  1. very good work ,pls share me


    October 21, 2010 at 2:45 am

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