I messed up!!
The events of the last 3 days has left someone like me (who writes only sporadically) dazed.
It is tough to find a value play in current markets. Sharing this perception of a value play was my way of giving back something to the Community. I apologise to the VP Community - that I couldn't contain my enthusiasm while describing how I perceived the Shemaroo business 2-3 years from here - especially for using 2 superlatives "NO BRAINER" and "HUGE GAP" - no matter whatever facts/figures or connecting..the..dots picture used as justifications.
To give credit where it belongs @manish962 our (eternally vigilant) Moderator immediately warned me (privately) about the superlatives, but I took a day more to edit them out. But by that time the damage was done.The damage is that the Community did not get the chance/time to assimilate, come to informed conclusions, and investigate further as this got broadcasted/hyped at various places (not our doing) and probably many first-time or novice investors may have got pulled in (nature of our markets)!!
There is no gainsaying that the proof of the pudding is of course in the business performance. Sooner than later Mr Market will evaluate how things play out and restore the right balance.
We are all learning here. We can be wrong. I can be completely wrong. I (and most VP TopContributors) have only grown by sharing our learning and perceptions about a business - essentially asking why we should not be excited by this? What can kill this? And taking that quest forward. This episode has taught me in a very hard way - the need to be extremely careful about what to articulate and how, and curb my natural enthusiastic style, while going about that quest. That freedom is no more.
Having said that - Giving back to the Community is a given - that is at the heart of VP, and should be at the core of every TopContributor. We have some ideas on how we can better structure the "giving back" so that we DO NOT have a repeat event of this nature, but are still able to do justice to our quest/goals.
Will announce a couple of initiatives hopefully soon on that. Once again I apologise for slipping up!
Meanwhile good to see folks taking this in the stride and taking the discussion earnestly forward. A request - please do not respond to this post - it will only end up cluttering an otherwise splendid discussion flow. Let's get back to business.