Level Matters With Money Mystery....Bang on Finding Out Bottom !!! Courtesy @ Bank Nifty :)

This time it was the Bank Nifty which gave the lead towards the bottom search.
Nifty, Bank Nifty & Sensex bottomed out on 26th Dec 2016 for the time being@

Recent low in Bank Nifty : 17606.9    dt 26th Dec 2016

For Nifty                           : 7893.8      dt 26th Dec 2016

For Sensex                        :  25753.74 dt 26th Dec 2016

Our assumption/possibilities on markets went right once again when it matters the most...we did earlier as well in Feb 2016 and before that as well as an when it mattered.

Below are the screen shot & link of my recent 2 article dated 22nd Nov & 23rd Dec 2016 post demonetization.

Screen Shot for article dated 22nd Nov 2016

http://moneymystery.blogspot.in/2016/11/we-have-best-pm-with-uswhy-to-worry.html

Screen shot for article dated 23rd Dec 2016

http://moneymystery.blogspot.in/2016/12/bank-nifty-indicator-right-now.html

Bank Nifty up close to 1250+- & Nifty up close to 500 & Sensex up close to 1400 points from the perfect expected bottom as of today.

Kind Regards,

Manish Bothra

@MoneyMystery on Twitter

PVR Cinemas Vs Inox Leisure....Big Valuation Gap...How Long???

PVR Cinemas @ 562 Screens In 122 Properties In 48 Cities Pan India.

Market Cap as of today Rs 5820 Cr.

Inox Leisure@ INOX currently operates 113 multiplexes and 446 screens in 57 cities making it a truly pan-Indian multiplex chain.

Market Cap as of today Rs 2200 Cr.

PVR Market Cap Rs 5820 Cr 

Inox Market Cap Rs 2200 Cr

Gap of Rs 3600 crore (as Market Cap) where PVR has just around 116 screens extra Vs Inox Leisure in total.

Big Valuation gap is seen in Inox Leisure in compare to PVR and as a result of this Inox Leisure looks very much undervalued.

PVR Ltp Rs 1220

Inox Leisure Ltp Rs 228

PVR is up 6x since it got listed in 2006 from its IPO price whereas Inox Leisure is not even 2x from its ipo price since it got listed in 2006.

Shareholding Pattern - Inox Leisure Ltd. 

Holder's Name	No of Shares	% Share Holding
Promoters	46973928	48.7%
ForeignInstitutions	16231177	16.83%
NBanksMutualFunds	13192046	13.68%
GeneralPublic	11552335	11.98%
Others	8114282	8.41%
FinancialInstitutions	98985	0.1%

Nothing much seen with General Public. 
In Q3 Let see whats the percentage remain with General Public.
Its just getting out of General Public.

The Reserve Bank of India (RBI) has allowed foreign institutional investors (FIIs)/registered foreign portfolios investors (RFPIs) to buy upto 49 percent in the company from existing 24 percent under the portfolio investment scheme (PIS). 

Do we see a big re rating happening soon in Inox Leisure???