Cinevistaas Ltd-Insider news update

Cinevistaas Ltd-Insider news update Name:Cinevistaas LtdCMP-84Equity is 10.13 crs.B.V:62.50rsPromoters:68% stake.Story-Company has 4 acres land at Kanjur Marg, Mumbai.Market value of same is around 120 crs. However,company is not selling the land.In 1st Phase, company is developing an I.T. Park on 2 acres which will have around 2.20 lakh s.f. area.Company will not sell the same. Entire property will be put on lease which will earn around Rs. 26-28 crs. as lease rent each year.This works out to 2.60 -2.80 times of its Equity. Company will be spending around 48-50 crs for construction of this I.T.Park to be completed in 18 months.It is being developed by company itself without any partnership with any builder. Expected lease rent is calculated on the basis of prevailing lease rates although when project is ready in 18 months,company may get higher lease rates.For Phase-II, company will undertake development of remaining 2 acres on which also it will build 2.20 lakh s.f. I.T. Park.Conclusion-Media stocks are attracting abnormal valuations these days.These news is not known to the market.Insider claims the price target to be 120+ in the next 4 months.Bravehearts can go with it,"A HIGH RISK-HIGH GAIN STOCK".

Same old story in stock markets This time it"s different."dont you hear this very often from people when you show concern about the continuos rise in stock prices and the sustainibility of the present bull run?Conventional wisdom is in doubt and every valuation parameter is challenged.When this happens,people start joining the herd and do what the majority does.Thus,u have everyone talking about the great indian growth story and everyone starts buying stocks at any available prices.Everyone buys stock at stretched valuations and remains equally confident of succesfully offloading to another fool who will be willing to buy at a stillhigher price.Cut back to 6-7 years ago:I was 13 then but still easily can recollect the heydays of the technology boom.If my recolections are solid i am pretty sure the these similar phenomenon was happening then too,only the rules of the game were very diffrent.People chose not to look at profits,instead,the mantra then was eyeballs".During that time if u went by conventional wisdom and asked someone the sanctity of the euphoria you were also told"This time its diffrent".The new economy is emerging. Coming back to the present.The new buzzword is "real estate".To cash on this craze u have managements selling stories about plans to develop and grow there real estate businesses.The euphoria of real estate is so overpowering that even companies having car parking spaces are given valuations in view of high real estate prices. Why do such things happen during a bull run?Why do people behave in such an irrational manner?The unique part about stock market is that it is devoid of any institutional memory.Stock markets being gambling dens,attracts diffrent typs of peoples in guise of investors.People starts entering the market in a bull ru,swayed by the lure of easy and quick money.When things comes crashing down,these people exit the markets vowing never to return.In the next bull phase,you have a very different set of players entering the stock market who do not have any memory of the past crash.Until they loose they dont relaise that its a dangerous game.Thus at any time in the market we find that those with memories constitutes only baout 25% which includes confident hardcore long term genuine investors.So irrespective of the bull and bear cycles,it is these 25% who survive the storms.The only time they get hit is when they turn greedy.Stock markets as i have discussed several times on my blog as well as orkut,are interesting places for the wise who are willing to be investors and stay invested for the long run.If u want to be succesful,understand that they are no shortcuts of making money.Do not be swayed when u hear stories of how people have made big fortunes in the stock world.It needs lot of patience,discipline,conviction to make such kind of a money.Further another thing which sud be noted is you are not aware of real facts,people dont like to talk about losses too.As warren buffet says"I have always beleived that of all the seven deadly sins,envy is the silliest.When you are envious,u r making urself miserable.At least,with the other deadly sins,you are enjoying urself."Sometimes its better to conserve money than to loose it"."After excitment comes the devil on to your door".