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"Wealth creation through systematic investment"

We all are investing to make more than what we have invested so that we can have more purchasing power in future.

Shared here are some of the ideas on how to create wealth out of your savings through systematic and organised investing in all spheres of investment portfolio. Effort here is to identify those areas where investment could fetch greater returns in long term perspective

We believe there should be mix of insurance policies, equities, bonds/ debt instruments, mutual funds, precious metals, real estate properties, loans in your portfolio to make your investment wealthy.

Investing in stock market, debt instruments, mutual funds, real estate without proper evaluation are prone the risk of 'loss of capital' due to general financial risk of market, promotors & operators not acting in bonafide interest of small investors etc

The issues posted here are only a fig of a tree and investor who are investing their hard earned money are advised to independently analyse the issues or consult an investment advisor before making any decision.

"CAUTIONARY NOTE" - this blog is not responsible for any loss, whatsoever . please do consult an investment advisor if your not able to evaluate the investment / economic / risk scenario independently

feel free to contact us at
sherkochiraj@indiatimes.com or at rmanjuesh@gmail.com

Friday, October 1, 2010

2010VP22 TCFC Limited

TCFC Limited (BSE 532284) , an investment company former from erstwhile Twentieth Century Finance Company Limited wherein Promotors hold 64.9 pc
http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=532284

At CMP of  Rs 31.35 the Market capitalisation is just Rs 32.86 crore
As against the book value of Rs 65 the company owns liquid holding in equity and money mutual funds worth 21.83 cr and 48.90 crore respectively which constitutes 109 % of book value

Further there is hidden asset of 75000 shares of CARE will be worth at least Rs 1525 per share (CRISIL is valued Rs 6000 a share) valuing it Rs. 11.43 crore

http://www.indiainfoline.com/Markets/News/Sundaram-Finance-arm-sells-stake-in-CARE/4916308320

http://profit.ndtv.com/news/show/sundaram-finance-arm-sells-stake-in-care-for-rs-675-mln-92268

So as against the market value of investment worth  Rs 81 crore the market capitalisation at Rs 31.35 is trading at discount of 59.4 percent
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