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 .
If you
are new reader of my blog and not familiar with my research terms then please read my research terms at this link
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
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).
hi,
ReplyDeleteThe price has been dropped to 90 currently. I added @ 105. Would you suggest adding more at CMP?
thank you
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
DeleteIt's down 20% from my buy price 102
ReplyDeleteOk, 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.
DeleteIn 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.
Why not pcj ?
ReplyDeleteSugat 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.
ReplyDeleteCurrently TBZ net sale per share is 289 and stock traded near 90 so this is the time to accumulate for long term, Regards
Hello Mahesh Ji,
ReplyDeletecan you please share your view on SAIL.
Thanks,
Manish
Registration ID-14581
sure please wait 2-3 days then visit sharegenius
DeleteRespected Maheshji,
ReplyDeleteI 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.
Thank you sir
Deletefederal 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
sirji,
ReplyDeleteTBZ 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
Respected Pratik ji,
DeleteWhen 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
sir,
DeleteNow 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
No, I not recommended to buy at this level please Wait and watch and buy when year high/low stable below 2
DeleteMahesh 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.
ReplyDeleteNo please do not average out. Why? watch this youtube video:-
ReplyDeleteDo 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
महेश जी नमस्कार,
ReplyDeleteक्या अभी ले सकते हैं TBZ को लॉन्ग रन के लिए