Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Most Expensive Housing Finance CO: on P/E basis

with 3 comments

India Home Loan: 84 trailing PE multiple.

Bought at 42, sold at 77 in three months, just luck.

http://www.bseindia.com/stock-share-price/india-home-loan-ltd/indiahome/530979/

Invested in another micro cap in home loan with 100% plus CAR – Akme Star. Counting on enough people being mad and greater fool theory, luck and / or combination with minor portfolio weight.

http://www.bseindia.com/stock-share-price/akme-star-housing-finance-ltd/ashfl/539017/

Disclosure: Invest at your own risk.

Written by amitdipsite

November 3, 2016 at 6:46 am

Posted in Uncategorized

3 Responses

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  1. Have a look at PTC India Financial Services – Housing Finance and bit of Infrastructure Finance Company on P/E of 7 seems to be cheap

    Aaki

    November 3, 2016 at 7:11 am

  2. Just to correct myself it is not a Housing finance but company financing power generation project. Same as RECLTD and PFC. Which are both trading under the B/V and at very low P/. So not in same league as Housing finance companies.

    Aaki

    November 4, 2016 at 4:00 am


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