In stock Market Information is very important and http://prabhakar-views.blogspot.com had many links which are useful for investor to know many aspect of market and now after 3yrs I have made make-over and added many web links. Hope this would be useful and will be adding more to support small investor to gain knowledge, I never believed in spoon feeding or so called giving Tips in stock market, when I give a buy first I should get convinced and I should feel that this business makes sense to me and that conviction is carried to my investor.
IRB, HDIL, LICHOUSING, MPHASIS, HEROHONDA, MARUTI, ICICIBANK, AXISBANK, IDBI, COL-PAL, BEML, BEL, CUMMINS, RECL, EXIDE, IDFC, LT and the list still big which has given excellent returns only in 2009( Investor in ANANDRATHI, Followers of Tamil Magazine NANAYA-VIKUDEN would remember) , with IGL/GDL/DHANBANK/SKUMAR/KALINDEE and TATACOMM pending list made public for 2year to buy in correction.
When you buy a stock an investor should know
· Why he brought the stock?
· Management and business profile of the Company
· Face value of the stock, public holding and institution holding in the stock.
· What is the growth prospect in next 3-5 years and demand and supply?
· What advantage in price, quality or any other criteria this company will have compared with peers.
· Entry level barrier and how much competition can come.
Many want to buy multi-bagger which I never believed in, as out of 100stock 4-5stocks have become multi-bagger and normally investor have failed to hold these stock as good profit would make them book profit and general mind set is to hold stock which are in loss.
Global interest rates are @ lowest levels so any investor investing from abroad would be looking to get something around 10% per annum and whenever Rupee appreciate they get double bonanza already they are 13% in the money in currency itself from the peak.
Indian investor from here on should understand Sensex which is 17000 can’t double in next year to make 34000 so never have high expectation Nifty P/E=22.80 and Sensex P/E=22.08 while BSE500 P/E=22.21 which is on a higher side. Earnings season has started results are coming as per analyst expectation in large Cap with no major surprise but Mid & Small Cap stocks performance has thrown many negative surprise.
Index to sustain higher level needs profit growth of more than 20% excluding other income so investor should stay with good growth stock for long term than to buy hear say or Market tipped stock.
Leading Indian brokerages have forecast that net profits for the Sensex companies would shrink or at best stay flat this September quarter, compared to the same period last year. The most optimistic of them expect total profits for the Sensex basket to inch up one per cent; the most pessimistic expect a 16.5% profit fall. http://www.thehindubusinessline.com/2009/10/12/stories/2009101251700100.htm
Till now I haven’t given Buy on RNRL, R-POWER, UNITECH, EDUCOMP, EVERONN, EDSERVE, ISPATIND, ASHOKLEYLAND and this list is also big and there can be many reason attributed to that.
Many would ask why I didn’t recommend RNRL.
RNRL doesn’t have a business as of now and if even Supreme Court adjustment comes in their favor also the stock is fully priced for that.
Few businesses I never understand and educational software is one such business so I never recommend business which I don’t understand and Entry level barrier is very low so many would soon compete in this business if margin are high and capital cost is low.
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it. ---- Peter Lynch
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it. ---- Peter Lynch
When all are greedy be fearful and when everyone is fearful be greedy. I wouldn't worry if stock markets are closed for few years I buy business not stocks. Mr. Market is a maniac sometimes it gives exorbitant valuation for my business that time I sell, I get business valuation at attractive prices where I would like to own, I buy. When the tide goes is when you will know who were swimming naked. Someone’s sitting in the shade today because someone planted a tree a long time ago.—Quotes of Warren buffet.
Warren Buffet in one of the interview said: there were 4000 companies manufacturing car in U.S, today hardly 3 and all 3 are finding it hard to survive, and many companies produced Television including GE now none
Warren Buffet in one of the interview said: there were 4000 companies manufacturing car in U.S, today hardly 3 and all 3 are finding it hard to survive, and many companies produced Television including GE now none
Quote: In Stock market there is never clarity, Media or someone won’t tell you this is the best time to buy, and at peak market looks attractive at bottom market looks to panic always take informed decision.
Now they hold Market?
http://in.reuters.com/article/businessNews/idINIndia-43089120091012 Ambani brothers truce seen unlikely; hurdles remain
http://www.business-standard.com/india/news/govt-audit-finds-rcom%5Cs-evasionlicense-fee-likely-revenue-inflation/75761/on A government appointed auditor is understood to have found inflation of revenues by Rs 2,915 crores by Anil Ambani group firm Reliance Communications in 2007-08, besides evasion of Rs 315 crore in licence fee — findings termed as "biased" by the company.
http://www.ft.com/cms/s/0/a5fad458-b759-11de-9812-00144feab49a.html?nclick_check=1
http://www.ft.com/cms/s/0/a5fad458-b759-11de-9812-00144feab49a.html?nclick_check=1
