Hotness Cafe Coffee Day founder passes away

Hot Deal Cafe Coffee Day founder passes away

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CCD founder’s body found near Mangaluru river 2 days after he went missing

A fisherman had claimed to have seen a man likely to be Siddhartha jumping into the Netravathi river from the bridge on Monday evening, police had said on Tuesday.

https://www.hindustantimes.com/india-news/ccd-o...

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Why did he do so is a big mystery,
After it came In news shares fallen 20% of ccd

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isntitb149 wrote:

Why did he do so is a big mystery,
After it came In news shares fallen 20% of ccd

RBL Bank bhi ludak gaya…. kyu? … sad

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vijkap201 wrote:

RBL Bank bhi ludak gaya…. kyu? … sad

Kal toh sab ludak gaye jaano bhukamph aagaya ho
Ek taraf sab apne apne hazaro crore ke profit post Kar rahi thi aur dusri or share price 10 10% ghir rahe the sob sob sob sob

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Finally his body found in netravathi river

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vijkap201 wrote:

RBL Bank bhi ludak gaya…. kyu? … sad

Rbl had around 154 crore exposure to ccd

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Sorry to say but he had to meet this fate with the things he did in his life and become ignorant in later part. When you aren’t able to catch your shortcomings and keep in denial mode even after giving loss to your own business you prepare yourself for such things. I remember when the IPO came, I gave it a No and asked my friends too to stay away but some ignored (yet they exit at good levels). I never liked the business model and their franchise model was the most flawed one as they themselves invest and don’t work like McDonalds or Starbucks who are not the sole owners and earn by selling brand name or let others use their brand name.

Lucky me that I never invested without deep research. The one thing I know is India is more of a middle class economy and premium brands have not much to gain here.

On balance sheet too they were never profitable but markets/inverstors were ignoring all key indicators because they thought CCD will be Starbucks of India some day. Why most business fail here is because of the fact that the one who creates it loses their path mid-way and spent more and more on their luxuries and all that on investors money. I have seen many start-ups dying because of the fact that when they see some money they start spending like they have a billion dollar profits every month.

Channels like NDTV was blaming tax department yesterday and having sympathy for this crook who played with investor money and didn’t even let the shareholders know about transactions he was carrying out without their consent. If he had fled like Mallya same NDTV would have been running stories how cheaters like him freely go abroad and system do nothing.

Everyone was flourishing during Corrupt era of congress. Few years back I clearly said in one of my post that 75% of big business in India are like pack of cards and they can get destroyed if they don’t change their way of doing business.

I met the founder of Bhushan Steels once and from his body language and the way he talk nonsense that day I always knew that this company will die in future. My friend was working at main plant and he introduced me to him. Later I asked him to move out and he joined Engineers India Limited, Few years later it happened what I had intuition about.

The next one on the cards is Apex Frozen. smile

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chingumboy wrote:

Sorry to say but he had to meet this fate with the things he did in his life and become ignorant in later part. When you aren’t able to catch your shortcomings and keep in denial mode even after giving loss to your own business you prepare yourself for such things. I remember when the IPO came, I gave it a No and asked my friends too to stay away but some ignored (yet they exit at good levels). I never liked the business model and their franchise model was the most flawed one as they themselves invest and don’t work like McDonalds or Starbucks who are not the sole owners and earn by selling brand name or let others use their brand name.

Lucky me that I never invested without deep research. The one thing I know is India is more of a middle class economy and premium brands have not much to gain here.

On balance sheet too they were never profitable but markets/inverstors were ignoring all key indicators because they thought CCD will be Starbucks of India some day. Why most business fail here is because of the fact that the one who creates it loses their path mid-way and spent more and more on their luxuries and all that on investors money. I have seen many start-ups dying because of the fact that when they see some money they start spending like they have a billion dollar profits every month.

Channels like NDTV was blaming tax department yesterday and having sympathy for this crook who played with investor money and didn’t even let the shareholders know about transactions he was carrying out without their consent. If he had fled like Mallya same NDTV would have been running stories how cheaters like him freely go abroad and system do nothing.

Everyone was flourishing during Corrupt era of congress. Few years back I clearly said in one of my post that 75% of big business in India are like pack of cards and they can get destroyed if they don’t change their way of doing business.

I met the founder of Bhushan Steels once and from his body language and the way he talk nonsense that day I always knew that this company will die in future. My friend was working at main plant and he introduced me to him. Later I asked him to move out and he joined Engineers India Limited, Few years later it happened what I had intuition about.

The next one on the cards is Apex Frozen. smile

U mean many ghosts are about to out of skeleton of Corporate India… sad toungueout

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vijkap201 wrote:

U mean many ghosts are about to out of skeleton of Corporate India… sad toungueout

Yes, there are many more to come. But it will not be instant. It happened to developed economies too like US. Why intellects and liberals are telling that Indian economy will collapse anytime soon because they know inside that most of them had weak base and created by keeping rules at stake. They dont like current Govt style of working because they know their house of cards were not created for a good or clean environment.

Don’t forget the list. Videocon, RCOM, Ruchi Soya, Satyam, GTL Infra, GMR, HDIL, Jaypee etc. all had one thing in common. All played with bank and investors money without taking it seriously. Their leader had no idea and vision to run business. When you go away from basics while swimming, you drown.

But saying all this, India’s story is not ending anytime soon. When one thing goes another comes and in future entrepreneurs we will see the change who will give more importance to business rather than their show offs.

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chingumboy wrote:

Yes, there are many more to come. But it will not be instant. It happened to developed economies too like US. Why intellects and liberals are telling that Indian economy will collapse anytime soon because they know inside that most of them had weak base and created by keeping rules at stake. They dont like current Govt style of working because they know their house of cards were not created for a good or clean environment.

Don’t forget the list. Videocon, RCOM, Ruchi Soya, Satyam, GTL Infra, GMR, HDIL, Jaypee etc. all had one thing in common. All played with bank and investors money without taking it seriously. Their leader had no idea and vision to run business. When you go away from basics while swimming, you drown.

But saying all this, India’s story is not ending anytime soon. When one thing goes another comes and in future entrepreneurs we will see the change who will give more importance to business rather than their show offs.

U missed old entrants Nirav & Choksi… sad toungueout

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The first nail in his business coffin was the decision to expand to 2000 cafes so that they can tie up with starbucks (before starbucks tied up with the Tatas). They ended up opening more than one store/cafe on the same street just to meet those big numbers and that’s when the quality started going downhill.

Unfortunate that he could not close the deal of selling off his business to Cocacola and retire in peace.

Even though he has lots of property holding, it might not be easy to sell them very quickly.

More blood is expected on the CCD stock esp when the next quarterly results time comes.

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Still, we should respect him for not following the footsteps of Nirav Modi or IMA guy..

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vijkap201 wrote:

U missed old entrants Nirav & Choksi… sad toungueout

I don’t blame them. It was actually PNB’s own enemies who helped them. So Nirav-Choksi fraud is more of PNB’s mistake then their own. If PNB had followed rules no way they had got so much money. So their own management became bank’s enemy. There was pressure from many politicians too in 2011 but if PNB management involved in issuing LOIs and misused system had got it checked in time, this wouldn’t have happened.

Govt was to blame too who keep setting lending targets on pressurize banks to lend more money to people who are there only to exploit such freebie by Govt. Today most are crying as they hardly getting loans as when rules are followed, 90% become ineligible.

If on any day we start following complete rules and having driving test, 80% of Indian drivers will lose their license. Yesterday a girl hit my car from back and luckily policemen saw that. He came and asked me to lodge complaint. I did. He seized her license. Now she threatened me. I asked to talk to my lawyer. stuck_out_tongue Rule ki dhajiya udaney walo ko uda dena hi behtar hai.

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santosh_blr wrote:

Still, we should respect him for not following the footsteps of Nirav Modi or IMA guy..

If compared, Nirav and Mallya seems like angel to me. They didn’t took their life. Siddhartha died with many questions unanswered which could have helped recovering something. He was not the only one behind all this mess. So to save some others he took his own life which is a sign of coward. He followed the short cut of getting out of all the mess after immense pain.

It will be very difficult for the new management to put CCD on right path. I pity those who held their stocks and those employees too who are forced to buy shares.

Gi zen pepples stacked 58b9818d3df78c353cdeb12b
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chingumboy wrote:

I don’t blame them. It was actually PNB’s own enemies who helped them. So Nirav-Choksi fraud is more of PNB’s mistake then their own. If PNB had followed rules no way they had got so much money. So their own management became bank’s enemy. There was pressure from many politicians too in 2011 but if PNB management involved in issuing LOIs and misused system had got it checked in time, this wouldn’t have happened.

Govt was to blame too who keep setting lending targets on pressurize banks to lend more money to people who are there only to exploit such freebie by Govt. Today most are crying as they hardly getting loans as when rules are followed, 90% become ineligible.

If on any day we start following complete rules and having driving test, 80% of Indian drivers will lose their license. Yesterday a girl hit my car from back and luckily policemen saw that. He came and asked me to lodge complaint. I did. He seized her license. Now she threatened me. I asked to talk to my lawyer. stuck_out_tongue Rule ki dhajiya udaney walo ko uda dena hi behtar hai.

What’s is the future of voda-idea

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santosh_blr wrote:

The first nail in his business coffin was the decision to expand to 2000 cafes so that they can tie up with starbucks (before starbucks tied up with the Tatas). They ended up opening more than one store/cafe on the same street just to meet those big numbers and that’s when the quality started going downhill.

Unfortunate that he could not close the deal of selling off his business to Cocacola and retire in peace.

Even though he has lots of property holding, it might not be easy to sell them very quickly.

More blood is expected on the CCD stock esp when the next quarterly results time comes.

100% agreed that was the worst decision made by them of opening multiple stores within an area. Instead of giving competition to other chains they end up competing with their own stores

Here in Connaught Place they are having like 11 stores within 1.5-2.0 km of radius.

https://cdn0.desidime.com/attachments/photos/578217/original/Screenshot_20190731-104402.jpg?1564550109

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Dastro wrote:

What’s is the future of voda-idea

Not that bad as it seems today. wink If they start competing neck to neck which is demand of time, they will be back on track. But wait and see two more quarters and keep an eye management’s decision too.

I have a doubt on their numbers. They are showing more losses than actual. Don’t know why. laughing Stockwise, it will be back to Rs.10-15 level in 3-4 months. They have long term borrowings which wont affect them in next 5-7 years. They will stay as Jio won’t be able to keep prices low for long. Once their ARPU heads towards 150, it will stable their situation.

Jio in recent times told that they will not stop poaching customers from other operators by keeping prices low but their network can’t handle more than 45 crores in next 5 years. So they will stop somewhere and must have to. So they (Voda-Idea) will lose some more but even if they lose 7 crore more customers, 25 crores with Voda-Idea still better. India as a country can’t run with 2-3 operators. 4 is all time need.

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chingumboy wrote:

Not that bad as it seems today. wink If they start competing neck to neck which is demand of time, they will be back on track. But wait and see two more quarters and keep an eye management’s decision too.

I have a doubt on their numbers. They are showing more losses than actual. Don’t know why. laughing Stockwise, it will be back to Rs.10-15 level in 3-4 months.

so is it good to buy now and sell after few months as price increases 🤑

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Dastro wrote:

so is it good to buy now and sell after few months as price increases 🤑

If you want to trade, you can but don’t get too much greedy over time. Follow strict stop loss of Rs.6 which is recent low and exit half at 25% gain from here and rest around 10. But telling you that I will not invest until things settle. So traders have to carry risk.

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But wait.. government busy in buying MLA!

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what about the media favourite tycoon – MR ANIL D AMBANI – how about reviews on his style of business – even after losses bankruptcy – closing of RCOM selling Mumbai reliance energy – RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link

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Coffee Day Enterprises hit 20 per cent lower circuit for the second day to hit a 52-week low and traded at Rs 123.25 per share after Cafe Coffee Day founder V G Siddhartha’s body was found near the Netravathi river in Mangaluru. The stock had fallen 20 per cent yesterday as well.

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chingumboy wrote:

Sorry to say but he had to meet this fate with the things he did in his life and become ignorant in later part. When you aren’t able to catch your shortcomings and keep in denial mode even after giving loss to your own business you prepare yourself for such things. I remember when the IPO came, I gave it a No and asked my friends too to stay away but some ignored (yet they exit at good levels). I never liked the business model and their franchise model was the most flawed one as they themselves invest and don’t work like McDonalds or Starbucks who are not the sole owners and earn by selling brand name or let others use their brand name.

Lucky me that I never invested without deep research. The one thing I know is India is more of a middle class economy and premium brands have not much to gain here.

On balance sheet too they were never profitable but markets/inverstors were ignoring all key indicators because they thought CCD will be Starbucks of India some day. Why most business fail here is because of the fact that the one who creates it loses their path mid-way and spent more and more on their luxuries and all that on investors money. I have seen many start-ups dying because of the fact that when they see some money they start spending like they have a billion dollar profits every month.

Channels like NDTV was blaming tax department yesterday and having sympathy for this crook who played with investor money and didn’t even let the shareholders know about transactions he was carrying out without their consent. If he had fled like Mallya same NDTV would have been running stories how cheaters like him freely go abroad and system do nothing.

Everyone was flourishing during Corrupt era of congress. Few years back I clearly said in one of my post that 75% of big business in India are like pack of cards and they can get destroyed if they don’t change their way of doing business.

I met the founder of Bhushan Steels once and from his body language and the way he talk nonsense that day I always knew that this company will die in future. My friend was working at main plant and he introduced me to him. Later I asked him to move out and he joined Engineers India Limited, Few years later it happened what I had intuition about.

The next one on the cards is Apex Frozen. smile

aapki baat futuristic hai. Really liked your analysis.

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desiman wrote:

what about the media favourite tycoon – MR ANIL D AMBANI – how about reviews on his style of business – even after losses bankruptcy – closing of RCOM selling Mumbai reliance energy – RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link

Vadde log Vadiyan gallaan…. sad toungueout
.
#GhadaAgarPaapKaHaiToKabhiToBharega… toungueout

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desiman wrote:

what about the media favourite tycoon – MR ANIL D AMBANI – how about reviews on his style of business – even after losses bankruptcy – closing of RCOM selling Mumbai reliance energy – RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link

I think you missed my post on him. Go and search as I made it when I joined DD. So ot can be very old. Even before they started sinking my views regarding him and his style of working was on the spot. The problem with Indian investor is they rarely look at business or the leader running it and all that matters to them is stock price. Even when a bad news arrives, they stick in hope with bad stocks. Even media channels like Zee Biz, CNBC started bashing ADAG in 2010-11. But investor here wait till they lost every penny. Sab kuch dikhayi dete huye bhi agar kisi ko andhey rehne ki aadat hai toh usko ham thodi theek kar saktey hai. Anyways please find my post on ADAG if you have time and you will get your answer. @A2Zdeals knows about it. haha

Anil was never media favorite. His corrupt practices were never hidden. In 2012 his move to buy land in Punjab with the help of contacts was blocked by Akalis. Mukesh never came in limelights because he prefer and mind his own business and take right steps at right time. If BP deal wasn’t done, Reliance Industries (Petrol Business) would have lost to IOC. Anil put those people in management who failed in previous cos also. Take example Gurdeep Singh didn’t do anything in Aircel but he was appointed CEO and Anil never worked on facts while when Jio launched they went for Airtel ex-employees as they made Airtel no.1. As an investor you should look at what cos are doing. If you company selecting losers like RCOM did they are there to sink. An itni gehrayi se retail investor kaha dekhta hai. Hehe

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chingumboy wrote:

I think you missed my post on him. Go and search as I made it when I joined DD. So ot can be very old. Even before they started sinking my views regarding him and his style of working was on the spot. The problem with Indian investor is they rarely look at business or the leader running it and all that matters to them is stock price. Even when a bad news arrives, they stick in hope with bad stocks. Even media channels like Zee Biz, CNBC started bashing ADAG in 2010-11. But investor here wait till they lost every penny. Sab kuch dikhayi dete huye bhi agar kisi ko andhey rehne ki aadat hai toh usko ham thodi theek kar saktey hai. Anyways please find my post on ADAG if you have time and you will get your answer. @A2Zdeals knows about it. haha

Anil was never media favorite. His corrupt practices were never hidden. In 2012 his move to buy land in Punjab with the help of contacts was blocked by Akalis. Mukesh never came in limelights because he prefer and mind his own business and take right steps at right time. If BP deal wasn’t done, Reliance Industries (Petrol Business) would have lost to IOC. Anil put those people in management who failed in previous cos also. Take example Gurdeep Singh didn’t do anything in Aircel but he was appointed CEO and Anil never worked on facts while when Jio launched they went for Airtel ex-employees as they made Airtel no.1. As an investor you should look at what cos are doing. If you company selecting losers like RCOM did they are there to sink. An itni gehrayi se retail investor kaha dekhta hai. Hehe

aur iske baare main kiya views hai

RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link rolleyes

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_One_Miller_ wrote:

aapki baat futuristic hai. Really liked your analysis.

Today I am talking more about past. smile Future is my call on Maruti. I remember giving it at 8700 levels and asked to add on every time it dips but also alerted about eCars trend. I expected talks about eCars to hit Maruti anywhere between 2025-2030 but the bug is hitting it currently as stupid Govt come and say blah blah blah about banning petro diesel vehicle and replacing it with eCars as if it is possible in next 1 year. Govt stupidity is hitting auto-cos badly and they are beaten up by big companies. Second bad thing is tax on FPIs. This Govt rarely taking investor friendly steps. Most of their steps in last 2-3 years are there only to drive investment away. This is where tax terrorism comes. But last 1 year I secured my investment with In-The-Money PUT options. July month was a heaven for Maruti option traders. lol

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desiman wrote:

aur iske baare main kiya views hai

RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link rolleyes

I think RINFRA got that Sea-Link and there are consortium of builders. RINFRA is not the sole executor. An italian company has participation too. The project is lead by MSDRC not Anil Ambani himself. As they are joint holders. There is a secured loan taken by RINFRA for that project and bank guarantees are there so no worries here. They will complete it for the sake of their own money. As it is a Govt project , default on payment by Govt is rarely expected. But RINFRA sinking because of heavy debts on other group comanpies. When parent company is going through bad times, child companies too suffer. Rinfra itself having huge debt but it is not Govt problem. Lol

Yaar Rafale deals pe Rahul Gandhi mat bano. Do one thing. Search for deal contract details and read yourself. If they are ineligible then SC is there to take care of it. Reliance Defence is just the partner as their bid to carry out project was lowest among all. Main work will be done by Dassault. Only 10% is with RELDEFENCE. 3% margins are there for them in whole deal out of the 30k crores bakwaas Congis told during campaign.

Personally I do feel, they are not the right candidate for rafale but they are using expertise of other companies.

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chingumboy wrote:

I think RINFRA got that Sea-Link and there are consortium of builders. RINFRA is not the sole executor. An italian company has participation too. The project is lead by MSDRC not Anil Ambani himself. As they are joint holders. There is a secured loan taken by RINFRA for that project and bank guarantees are there so no worries here. They will complete it for the sake of their own money. As it is a Govt project , default on payment by Govt is rarely expected. But RINFRA sinking because of heavy debts on other group comanpies. When parent company is going through bad times, child companies too suffer. Rinfra itself having huge debt but it is not Govt problem. Lol

Yaar Rafale deals pe Rahul Gandhi mat bano. Do one thing. Search for deal contract details and read yourself. If they are ineligible then SC is there to take care of it. Reliance Defence is just the partner as their bid to carry out project was lowest among all. Main work will be done by Dassault. Only 10% is with RELDEFENCE. 3% margins are there for them in whole deal out of the 30k crores bakwaas Congis told during campaign.

Personally I do feel, they are not the right candidate for rafale but they are using expertise of other companies.

This Rahul Gandhi wants to drop his surname!

https://www.rediff.com/news/report/this-rahul-g...

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Tejaa wrote:

But wait.. government busy in buying MLA!

The government wants to continue Triple Talaq drama, Bitcoin ban, and other faltu stuff….

No easy way to wind up the business.

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