You are most welcome Zulfiqar
Hi Raghunath,
Thanks for providing so much of details. It has been quite helpful in understanding this tough sector.
Have initiated some positions in TV Today to keep a track and get better understanding.
Ayush
Hi,
Can the experts throw some light on why a DTH player like Dish TV has underperformed cable players like Hathway / Den by such a huge margin post the start of digitization process? despite being one of the top DTH players.
Thanks!
-Niranjan
Disc: I own dish tv
Niranjan,
My understanding is that end customer will not mind DTH or cable if there is no difference in the product
Compulsory digitisation implies cost / service / flexibility of menu is similar in both DTH and Cable. Why would a cable user shift to DTH if he is getting the same thing from his digitised Cable connection? Inertia
Game for DTH players is to convert as many customers before compulsory digitisation.
DTH players have accumulated huge losses so far to acquire customers
Regards
Conference Call OfHathway Cable and Datacom-By Capital Market.
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TV 18 stock has tanked by over 10% today. There is market rumour that RJ might be exiting the stock. Anybody got any news?
even sun tv corrected a lot since last week
The thread is named well…a game changer
~Supratik
The game changers like Tv18, arshiya, FT, MCx are good for big boys and not for small investors like us. We should stick to our Mayurs, Pages, Ajantas…
~Supratik
Multibeggar
Was this a taunt or sarcasm? Don’t you think it’s a little premature to make a comment like this?
Multibeggar
It’s nothing I feel there is more downside to it . At last what will matter is earnings you think they can earn I think they cannot . Just a difference of opinions .
Sorry if it offended you I did not mean to do that
I believe most of the RJ stocks are short today…look at Anantraj, DB…I didnt know Anantraj was in RJ’s portfolio…doscovered today.
~Supratik
There was not any fundamental reason for the fall today. RJs exit from this counter has resulted in this. Frankly his entry and exit in any stocks does not change any fundamentals…many a time he has made an entry and the stock has tanked…db realty is one such example…I can justify why there is good chance of hike in earnings…Expect the same logic from your side and then this comment will be fine with me…
It all boils down to PETER LYNCH’s maxim
BEWARE OF THE NEXT BIG THING.
the title of the thread also should have rung a warning bell – game changer.
For every bubble that is there there is a pin waiting to prick it.
excellently put, worst corporate governence seen in group
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This one is from Safir Sir’s blog :
Tv 18 and den are in fact the easiest stocks to understand. Take a monthly cable bill of 200 bucks. Say 8 go to Tv 18 for all its channels. That means a potential of 8 x. 10 cr TV sets (many households have 2 to 3 connections) or 80 crs a month as collection. Over just one year thatâs 960 crs. Add the money saved as loading charges that were previously paid and add money saved on interest as co has reduced debt significantly. Numbers talk. Same for den. I suggest one reads the cable amendment act to see what a positive black swan this is.
Hitesh Sir, I still think there is a lot of change expected due to cable digitisation. Respect your comments a lot. Would request you to think on these lines
ashwini damani
I think digitisation might benefit some companies from the space. Some part of that euphoria has played out also.
My issue was about a lot of guys getting bullish on the next big theme. Even on cnbc I could see a lot of celebrated guests coming and being extremely bullish on the theme. Nothing wrong with being bullish but one also needs to look at the inverted image and see what could go wrong. I havent yet found anybody raising concerns about sector or the stocks.
Plus there are very few companies with a dominating presence and those that are there like tv 18 etc suffer from poor balance sheets and not so great managements.
I am usually very sceptical about the next big theme or stock and have often missed a few multibaggers as well e.g wockhardt (excel was bullish right from beginning -aroud 300-400 levels), strides arcolabs, la opala rg to name a few.
This is precisely the type of mental model, which differentiate Hitesh bhai from rest of the crowd. Loved this skepticism of next big thing. Have read something in similar line in one of the book, forgot which book it was.
Was this line present in 'One up on the wall street ’ where he asks us to be cautious of a company which can be the next IBM…both the original entity and the imitator loses it’s value…
Yes even following Hitesh Ji closely I understand that corporate governance,zero or very less debt,strong balance sheet should be the foremost criteria for selecting a stock which will prevent capital erosion…Well i must confess that investing in last one and half years in the market that good business model does not hold great value in case of liquidity crunch,poor sales etc.
As Hitesh Ji has already said that following this strategy might lead to losing few multibagger opportunities but capital protection is taken care of…In retrospect I feel that I should have given priority to the main factors instead of being so fascinated with the theme/concept…
ashwini damani
I think digitisation might benefit some companies from the space. Some part of that euphoria has played out also.
My issue was about a lot of guys getting bullish on the next big theme. Even on cnbc I could see a lot of celebrated guests coming and being extremely bullish on the theme. Nothing wrong with being bullish but one also needs to look at the inverted image and see what could go wrong. I havent yet found anybody raising concerns about sector or the stocks.
Plus there are very few companies with a dominating presence and those that are there like tv 18 etc suffer from poor balance sheets and not so great managements.
I am usually very sceptical about the next big theme or stock and have often missed a few multibaggers as well e.g wockhardt (excel was bullish right from beginning -aroud 300-400 levels), strides arcolabs, la opala rg to name a few.