Sunday, November 29, 2015

Tribhovandas Bhimji Zaveri Ltd @ 104

1. Tribhovandas Bhimji Zaveri Ltd is a 10 rupee face value gold and diamond jewellery company.

2. Year high of Tribhovandas Bhimji Zaveri Ltd is 187.80 year low was 102.10 and stock traded at 104.00, Year high/ low ratio is  below 2 so as my theory current market price is   stable .  
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3. Promoters of Tribhovandas Bhimji Zaveri Ltd hold 74.12 %FII hold 15.87% % and DII hold 0.05%. Promoters holding is sound and they not pledged any stok so this is a  good point and a sound FII holding also indicate that very low percent of stock is hold by general public when a stock have low general public holding then price of stock easily run on demand from general investors.

4.Tribhovandas Bhimji Zaveri Ltd Give  2.25 to 0.75 rupee dividend in last some years
5. Base price of Tribhovandas Bhimji Zaveri Ltd is 165.73 So CMP is 37% below than  base price and I think this is the best price to start investment in this stock. 
Please remember it does not mean that price not fall further from here but we never catch bottom price of a stock so we use base price and year high/low theory to find out a best stable and cheap price.
Click here to download last 3 year closing price with graph
6. No any bonus issue right issue and bulk deals is recorded  in last 2 year.
6. Tribhovandas Bhimji Zaveri Ltd net sale per share of FY 2014-15 is 289.85.
7. Net sale per share is very sound at 289 so this stock have chance to become a multi-bagger when it turn around in profits.
8. Book value of Tribhovandas Bhimji Zaveri Ltd is 69.77 CMP is higher   then book value so in book value concept this stock is not a value buy. 
But book value is continue increase year by year in 2011 book value of TBZ is 21.42 and in 2015 book value of TBZ is 69.77 generally I avoid book value concept when year high/ low ratio is stable and net sale per share is higher then CMP in this case net sale per share is quite higher at 289.85 so this is the reason why I recommended this stock at CMP
8. Tribhovandas Bhimji Zaveri Ltd have branches in 
Ahmedabad
Aurangabad
Bhavnagar
Gandhidham
Hyderabad
Indore
Kochi
Kolkata
Mumbai
Nagpur
Pune
Raipur
Rajkot
Surat
Thane
Udaipur
Vasai
Vashi
Vadodara
Vapi
Vijayawada 
and recently open  new branches in Dhanbad and Jaipur.Overall this stock is a good for long term .

9. 200 DMA of Tribhovandas Bhimji Zaveri Ltd is 140.33 So at CMP 104.00 Tribhovandas Bhimji Zaveri Ltd is not technically sound yet and not useful for trading purpose but for long term fundamental view of 1-2 year this is a great buy.
10. My recent updates :-
11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please  read full disclaimer at the bottom of my blog.
12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Tribhovandas Bhimji Zaveri Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Tribhovandas Bhimji Zaveri Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not  received any type of compensation from the subject company(Tribhovandas Bhimji Zaveri Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Tribhovandas Bhimji Zaveri Ltd). 6. I have been not engaged in market making activity for the subject company (Tribhovandas Bhimji Zaveri Ltd).


17 comments:

  1. hi,

    The price has been dropped to 90 currently. I added @ 105. Would you suggest adding more at CMP?

    thank you

    ReplyDelete
    Replies
    1. No, Year high/low cross 2 this means more downside is remain , So just hold your current holding or wait till 30 jan 2016 for fresh buy

      Delete
  2. It's down 20% from my buy price 102

    ReplyDelete
    Replies
    1. Ok, no problem nothing is wrong there. I already tell that all of my recommendations are for 1-3 years holding and we do not worry if a stock fall from buying price.
      In TBZ case year high/low cross over 2 so I think more downside is remain but for real long term buyers no problem to hold a good stock.

      Delete
  3. Sugat ji, Thank you for asking your question.PC jewellers Ltd Net Sale per share is 354.46 and stock already traded @394 so in my concept CMP is not a value buy.one year ago at 17 Dcc 2014 PCJ traded at 165 so that was the time to buy PCJ.
    Currently TBZ net sale per share is 289 and stock traded near 90 so this is the time to accumulate for long term, Regards

    ReplyDelete
  4. Hello Mahesh Ji,

    can you please share your view on SAIL.

    Thanks,
    Manish
    Registration ID-14581

    ReplyDelete
  5. Respected Maheshji,
    I just order your book today from amazon,excited to read your book.....sir can you make a video of book value, how to find bonus issue,stock split,bulk deal and finding a face value of a particular company......by the way I really like the content on your website, just came across past week......And I found your method so simple that I could not stop myself from ordering your book...........Lastly can you analyses Federal bank.

    ReplyDelete
    Replies
    1. Thank you sir
      federal bank face value 2 year high 79.73 low 52.45 (H/L ratio is good), but due to recent bonus issue, Nil promoters holding, Reducing FII holding, Low net sale per share 43 I think you avoid this stock at this time.
      Regards

      Delete
  6. sirji,

    TBZ stock price has come down to INR 72.
    Its revenue growth both yearly and quarterly has come down to 6% & 5% respectively. Yearly growth before 2 years was well above 15%.
    Request your view.

    Regards,
    Pratik Gohil

    ReplyDelete
    Replies
    1. Respected Pratik ji,
      When this stock break 94 in downside then year high/low ratio is change over 2 so most of my follower apply reverse trading system in this blog as I described in my book.
      Now until year high/low ratio is stable back (below 2), this stock may take long to perform again, regards

      Delete
    2. sir,

      Now year high/low has gone above 2. Would you recommend to buy this stock at present stage? Is it down due to overall bearish run in the market?

      Regards,
      Pratik Gohil

      Delete
    3. No, I not recommended to buy at this level please Wait and watch and buy when year high/low stable below 2

      Delete
  7. Mahesh Ji I brought you book and I purchased TBZ at 101, it is more than 50% I understand that I can hold it for next 2 years. can I buy more at current level.

    ReplyDelete
  8. No please do not average out. Why? watch this youtube video:-
    Do not Average Out
    Forget your TBZ holding for long time and
    If you have fresh money then buy another good stocks like DCM, Pratibha, PTC etc

    ReplyDelete
  9. महेश जी नमस्कार,
    क्या अभी ले सकते हैं TBZ को लॉन्ग रन के लिए

    ReplyDelete

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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.