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The Company designs, manufactures and sells vehicles, spare parts for its vehicles and engines for industrial and marine applications as well as construction equipment and information technology services.
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Gtrinvestor (99.97) Submitted: 1/10/08 1:25 PM : Start Price: $19.02 TTM Score: -35.56
Picking this stock up again b/c... well frankly I should have never stopped my pick in the first place. That being said, it is only a few cents higher than when I last picked this company to outperform. In addition, now that the Nano is out there and not just a "could be" prospect, I forsee great things with this company. Here is my original pitch:Ford made it in the early days b/c it built the first affordable car (not the first car) for the common working man in a country where the size of the "common working man class" was growing rapidly and in an economy that was growing solidly. Hmmm, if I could only go back in a time machine and invest back then in that situation... I think Tata is really just now startging to get some real investment exposure, which could easly knock the stock price up due to a multiples expansion. In the meanwhile, the stock pays a nice little dividend @ 2.2% to pay for daily investor expenses. By the way, Tata, the Tata group which I assume owns a large chunk of this company is pretty huge and succesful... kind of like the GE of India, so great management support (i.e., not a bunch of guys in the garage creating and supporting this co.).
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valunvesthere (49.39) Submitted: 1/20/08 5:02 PM
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Hello Gtrinvestor,Which is better?India's #1 selling car Alto by Marutialto.comor India's #1 contender the Nano by tata.com From Valunvesthere.
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Gtrinvestor (99.97) Submitted: 1/21/08 9:21 AM
(TTM) - I honestly couldn't tell you which is better. I guess I am really betting on the athelete (which is this case is Tata motors, India's largest auto manufacturer and a subsidiary of Tata Group, the huge Indian conglomerate... see info about them here http://en.wikipedia.org/wiki/Tata_Group ). Tata accounts for about 3.2% of India's GDP, so when you poke them in the chest, its hard to walk away from the playground w/out a few bruises.All that said, I can see that Alto appears to be backed by Suzuki, which I believe has frankly done a pretty decent job outside the US in selling cars; however, Tata is just a huge cash machine, and with all of their local connections and supply chain control I find it hard to believe that they will stumble on this one. Again, Alto may make it as well, but it will take a lot to knock Tata out of the picture.
valunvesthere (49.39) Submitted: 1/21/08 2:26 PM
Hello Gtrinvestor,http://en.wikipedia.org/wiki/Maruti_suzuki">Maruti Suzuki have been in in India for almost 3 decades with the help of the Indian government to motorize middle class Indians in the early 1980's, they offer more than 10 models and they've proven they could consistantly sell 500,000 Altos annually. The joint venture between Maruti and Suzuki has created a brand name product that Indians trust and they're well routed in India with the help of Maruti and globally with the help of Suzuki. Tata has been around for more than 5 decades and their business is diversified in many industries but seems to not have a solid hold on any. Maruti Suzuki established their brand around the world under the name Suzuki, Maruti, or Maruti Suzuki and they do have strong hold in some countries(in India it is the Maruti Alto). From Valunvesthere.
valunvesthere (49.39) Submitted: 2/08/08 12:52 AM
Hello Gtrinvestor,Maruti Suzuki have been in in India for almost 3 decades with the help of the Indian government to motorize middle class Indians in the early 1980's, they offer more than 10 models and they've proven they could consistantly sell 500,000 Altos annually. http://en.wikipedia.org/wiki/Maruti_suzukiThe joint venture between Maruti and Suzuki has created a brand name product that Indians trust and they're well routed in India with the help of Maruti and globally with the help of Suzuki. Tata has been around for more than 5 decades and their business is diversified in many industries but seems to not have a solid hold on any. Maruti Suzuki established their brand around the world under the name Suzuki, Maruti, or Maruti Suzuki and they do have strong hold in some countries(in India it is the Maruti Alto). From Valunvesthere.
valunvesthere (49.39) Submitted: 2/11/08 12:31 AM
Dear Gtrinvestor,Detroit's Big 3 pin Their Hopes On Emerging Market Auto Saleshttp://biz.yahoo.com/ibd/080208/general.html?.v=1Sincerely Valunvesthere.
Gtrinvestor (99.97) Submitted: 2/28/08 2:31 PM
valunvesthere - I spoke to some co-workers that reside in Inida, and they supported your suggestions above, in particular that Maruti Suzuki India Limited Company has a huge share of the personal car market. The also said that Tata, while not new to the auto industry (they made commercial vehicles / trucks) they are indeed newer to the personal car market. All that being said, since Maruti Suzuki India Limited Company is a private company that I can't invest in, and I actually like to invest in the #2 or #3 players due to their ability to grow even if the market doesn't, I still think that TTM is a decent company.
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