Please read the DISCLAIMER at the bottom of the blog.

Rakesh Jhunjhunwala is considered to be the greatest investor in Indian Market. He is supposed to have made Rs 5000 crores by just investing Rs 5000 in Indian Stock Market. Rakesh Jhunjhunwala guru mantra to be successful in stock market is as enumerated below:

(a) He advises people to become interested in a stock when none is interested in the same stock. As per him BUY RIGHT & HOLD TIGHT for years to come. He has been holding few stocks for last 10 years and he is still minting money from those stocks.

(b) He further advises that one should not follow big investors blindly as their risk profile and long term goals with time frame may be difficult to be followed by retail investor.

(c) Market is supreme and every thing is reflected in the price and thus their is no point in fighting the trend as market is always right.

(d) One should be able to create a balance between the fear and greed.

(e) As per his words one has to learn the stock market trading as none can teach the market as stock market experience is the best teacher.

Thus follow Rakesh Jhunjhunwala advice in stock market, BE PATIENT and grow big like Warren Buffet or this iconic man from Dalaal Street.

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Monday, November 17, 2008

Alpha Group acquires outstanding 50% stake in Alpha Future Airport Retail (Owned by Pantaloon Retail)

Alpha Group (100% owned by Autogrill) has reached an agreement with Indian retail operator Pantaloon Retail to acquire the latter’s 50% stake in Alpha Future Airport Retail.

Alpha Future Airport Retail is a 50-50 joint venture established in 2006 to operate duty free outlets at Indira Gandhi International Airport in New Delhi. Autogrill described the agreement with Pantaloon Retail, which was widely touted last month, as “friendly”, and said it was consistent with plans to integrate the business activities of Alpha Group, World Duty Free Europe and Aldeasa.

It said: “The reorganisation of Autogrill Group's presence in India, where it also runs food & beverage operations at Hyderabad and Bangalore airports, implies that the Group can pursue synergies at geographical level too, putting it in an ideal position to take advantage of development opportunities in the Indian marketplace.

“Delhi International Airport is the second-ranking Indian airport after Mumbai by passenger traffic (20 million passengers in 2007). A wide-ranging airport expansion programme is now under way, with the new T3 international terminal, containing 4,000 sq m of retail space, scheduled for completion in 2010, by which time passenger traffic is forecast to rise to more than 60 million annually."

The duty free tender for T3 in Delhi, expected soon, is certain to be one of the most hotly fought contests in Indian travel retail history

Autogrill Group presence in Asia
Autogrill also underlined its growing presence in Asia - a key platform for future growth. It made its regional debut through HMSHost at Kuala Lumpur Airport in Malaysia and over the past two years has maintained a strong focus on developing Asian markets, and India in particular.

In the period 2006-2008, HMSHost strengthened its presence in the area, winning food & beverage contracts at the new greenfield airports in Bangalore and Hyderabad, India, as well as at Singapore Changi Airport. To coordinate and manage business development in Asia, Autogrill opened the Singapore operating base of HMSHost Asia in spring 2007.

With the acquisition of Alpha Group in 2007, the Autogrill Group began operating at the airports of New Delhi and Cochin in India, Colombo in Sri Lanka, Malè in the Maldives and Kathmandu in Nepal. As previously reported, under the framework of Autogrill's business reorganisation, responsibility for Alpha Group's international retail units (Alpha Retail Asia and Alpha Retail US) has been assigned to Aldeasa (99.9% owned by Autogrill), one of the world's leading travel retailers.

As per Sep 08 share holding pattern, Rakesh jhunjhunwala is holding 2,330,895 shares of Pantaloon Retail in the name of Jhunjhunwala Rekha Rakesh

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

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