1082.1. Septa| Link| Bookmark|
March 8, 2016 9:00:00 AM
(4000+ Posts, 4600+ Likes)
giving the retail portion of 10% look like they have reported loss in last 3 years... health sector is in demand and HGE is in niche high end RPC market.... let see what is price band
The US corporate earnings are estimated to continue the declining trend (-8% expected for March quarter). The story in India is similar.....there is hardly any meaningful recovery in corporate earnings taken as a whole. The recent rally is, therefore, not supported by fundamentals but by sentiments & FII inflows.
We won''t be out of woods until full-fledged credit support from banks and a sustainable rise in domestic consumption occurs. We have sown the seeds but the growth will take some time.....a few quarters may be. Until this happens we will remain vulnerable to external factors. Flight of FII capital will happen at the first sign of any hardening of interest rates in US, slowing down of QE in EU, deceleration of negative rates in EU/Japan etc.
NB: The next ECB / US Fed''s meeting(s) are slated on 10th/16th of this month.
Some one who is in knowledge in this issue said that FIIs wanted hot money parked at debt fund given all asommesed budget will break fiscal and rupee will become weak however budget kept the fiscal deficit... mean RBI will now reduce interest rate so all this hot money went in equity and not sure how long will it stay ... FIIs have brought in cash market but have increased it put option big time which mean the FIIs see market falling for march expiry
If they bought heavily in cash mkt & also bought nifty puts, then it looks like they are hedging rather than speculating. It would have been a pure speculation if there was only activity in F&O with no opposite activity in Cash. Anyways, given the fact the markets have been on steroids in the last couple of days with no underlying support from fundamentals, a correction is clearly due. Anyone who wants to seriously invest (Medium to LT) today would like to have some puts to hedge against this impending ST correction/consolidation.
Yes FII normally hedge however if you look at total puts it is more then total cash hedge cover. My gut feeling the FII buying last week is just the hot money which was supposed to invest in debt however given the yield falling the money was diverted to Market ..... However the FIIs who r writing these puts r different ... Only time will tell
Bombay Dyeing owns two mill land properties in Central Mumbai-25 acres in Worli with 999 year lease in 1870s so another 800 years to go BTW these guys also have 10000 acres of tea rubber and coffee estate with same lease term however now run as a separate private company. however they do have 42 acres at Wadala (owned on free-hold basis). Both this mills r now shut down from early 2000 and moved the unit somewhere near pune so both this commence real-estate development at Worli and Wadala r prime property . The two properties put together have potential to generate 9.5 million sq ft of saleable area having mix of residential and commercial space.
So working of this numbers say 10 million sqft at Rs 15000 (BTW worli price is 45000 per sqft and wadala is 20000 per sqft) it is sitting on gold mine from balance sheet debt is around 1750.
Long run it is good buy given it rich assets but the big thing would this pass on to share holder is big question
however technically it is buy at this price given it has oversold
also look at oriental hotel got some very very big land bank
It remembers me one AGM of Atul products well known pesticides and chemical company of Valsad, Gujarat. Company have 500 mango trees in it''s premises. Small investors raised question about income of mangoes. Next year onwards company''s book reflected income from mangoes also. I think in Bombay dyeing income from property should also reflect in balance sheet and shareholders should get something.
these days i hardly go to AGM but it was great some small investor put question to the board.... my mentor my grand uncle always went to AGM as 18 year old i went to some with him his main purpose was to go to these AGM to meet his fellow investor....
I was talking about AGM of late 70''s. I also went to AGMs with my grandfather. He attended all AGMs organised in Ahmedabad for almost 40 years.I learned basics of stock from him. Nowadays no time to attend AGMs becaof work.
It is positive for sure. Very simply put: the more resolute Govt & RBI show themselves towards solving NPA issue, the better will be public''s perception of Banks.
Just to complete the picture....there are 2 main issues remaining with PSU banks: (1) the fear that Banks may not have disclosed & provisioned fully for their bad loans & (2) the budgetary allocation for recapitalization of these banks is not at all adequate- RBI has offered some respite by allowing banks to recognize part of their Foreign reserves as well as Real estate Revaluation reserves in their T-1 capital but given the amount of NPA in the system there is huge requirement of additional capital. Large PSBs (SBI, BoB) may not face much difficulty in raising such capital but smaller ones would need to be either consolidated into bigger ones or bailed out by the Govt.
1078.3. Septa| Link| Bookmark|
March 6, 2016 9:28:28 AM
(4000+ Posts, 4600+ Likes)
IMO gyan sangam 2016 bank merger should have been in focus we have to many banks for r size of economy.... however looking at FM press conference he is not in favour of consolidation and market was looking for merger.... If we had a definite consolidation plan then we will see some big upswing in top PSU bank.
However the billion dollar question would govt want consolidation....
actual i working out some numbers on my excel sheet some interesting fact actual it would be good to kill some banks then consolidated with big banks bcoz a good bank takes not only assets but liability of bad running bank so the effect on the good bank is very dramatic.... so numbers says a different story.... However IMO consolidation assale and re capitalisation should all be used in varying degree....
Not sure how market will react as i have some good open position in PSU as i have mention in this forum earlier
United States took the same steps in 2008. In 2008 Wachovia merged to Wells Fargo, WAMU merged to CHASE, Merrill Lynch to Bank of America. These leaves only 4 to 5 major banks in US. But I think our banks are not in big trouble now. Banks of US in 2008 are in big trouble and only solution left was merger. Also Fed gave 700 billion $ to banks and some companies as interest free for some time.
Merging of bad bank into good bank is creates trouble for good bank becaof liability burden. I think instead of merging, Government should work on steps of bad debt recovery, interest free loans to banks from RBI etc..
i agree uchit merging weak with strong will be bad for strong bank may be best is kill these weak bank then again union issue... congress government creates all these issue when in power and then BJP comes and cleans and we vote back to congress ....
I have position in all this three PSU bank and i think market is well informed.......so correction is on cards i only hope it does not gap open tomorrow however got big 20% plus gains in the counter.... let see what happens in short given this consolidation issue i see down slip but long run i see PSU and other bank a very good bet.
Rbi governor is pushing for cleaning of books by npa write-off. It will take another 1 or 2 quarter to complete this process. Buy only big banks in psu like sbi, pnb and Bob on every deep.
......read somewhere that if Nifty breaches the resistance level of 7500- which it did on Friday but only for a few minutes- it could rally up to 7600 in a few days absent any headwinds (sell-off/negative news) from China/US/OPEC etc.....
Hopefully this should provide a good opportunity to exit from QH for those who already haven''t...
PCL rose sharply by 7%-8% recently as the ''quiet period'' ended & the analysts from the underwriters were free to issue ''buy'' ratings.
I think the ''quiet period'' for Teamlease (TL) expires on 7th/8th March. So, there should be some tomfoolery on Monday/Tuesday I guess.
Dear friends setting a fool named starsipo comments aside, analysing the budget n analysing how corporates think, I m going to suggest a few stocks based on provision of 10% DDT on amount of 10 lacks n above from 1 Apr. The stocks are just a suggestion and one is advised to invest after carefully analysing the stocks.
The 10% DDT from 1apr would tax the individuals getting 10 lakhs or more divident at 10% interest. A normal retailer would never havethat kind of invested money that he gets 10 lakhs divident. This divident would be only for those iindividuals who have high net worth, FIIs, DIIs, brokers, Dallals, or company management holding majority shares of the company. So to avoid the DDT, the said companies would declare dividents before 1apr to avoid DDT. Retailers need to be street smart n invest to take advantage.
RKS Rakchas will come with as usual recommendations after nifty rally and all people aware market....why not he came before.....he fools big idiot actually......some fools always late.....
Kabhi kuch original bhi likh liya kar. Ya fir frustration mein sirf react hi kar sakta hai. Let people decide who is what. I m not the one who keeps on taking my name in every post. It seems ur inferiority complex wants to prove that u r better than everyone. Has anyone other than u ever chest beat his success here. If u r so good then u must be better than ambanis n birlas n richer since ur calls as per u r so very accurate. Since u r nowhere close then I guess u have an unstable mind n needs priority mental assessment at a good mental hospital. As for winning or losing is concerned I m least bothered about u or if u win. What matters here is good judgement and analysis so that everyone wins here. So after what I have written should I give u a good docs number for u to be evaluated mentally. I will pay for u. Don''t worry about money.
RKS sir. Please don''t get discouraged by people with bad comments. In stock markets, even wise people sometimes make mistakes. One or 2 trades might go wrong also. But the rest is benefit.
But people like me take cues from your (and other experienced members) comments and act accordingly. I did not apply quickheal based on market sentiments and your observations. But even some good people applied it and lost like eagle eye. That is sad, but these days, human life runs on money. Gone are the days where values, education, and other such things ran money. Educated people r jobless. Values of parents are gone on the children and neglected. Difficult survival is the prize we get. Its only with the help of experienced like you, people are inspired. Unknown friends, not even seen but good will. I missed this postbudget rally becaof your absence.
I request you to continue posting your views irrespective of others negativ4e comments at least for the sake of people like us. Otherwise, people like me lose all the faith in life. So continue your good work.
Other people boarders, pls show respect for knowledge. Everyone knows risks of markets, but only few can give in depth views. let us not verbally hate them, please encourage them to help us.
Quick Heal Technologies will hold an analysts’ meet on Friday for top mutual funds and HSBC Global Investments. Besides, shares of the recently-listed Quick Heal will remain in focus as the company informed the exchanges of capitalising its wholly owned subsidiary - Quick Heal Technologies America Inc.
The company has remitted $1.25 lakh to the Delaware-based arm, which reported revenues of $29,582 for fiscal 2014-15.
No negative news coming,......Friday might seen some downtrend, retailers should buy huge .....Monday market to remain close.....Tuesday another 300 points up likely.....unexpectedly bullrun to continue... (Note:This may irks jealous rks)
Quick Heal Technologies was locked in upper circuit of 20% at Rs 237 on the BSE on back of heavy volumes.
Till 02:49 PM, a combined 7.01 million shares changed hands on the counter and there were pending buy orders for 174,873 shares on the BSE and NSE. An average sub five million shares were traded daily in past two weeks.
Quick Heal Technologies today announced that it has been named a 2016 excellence in Information Security Testing Award recipient by ICSA Labs for successful completion of five years of continues ICSA Labs information security testing.
A global security company, Quick Heal launched its Seqrite product line in North America last year. Seqrite provides everything a small-to-midsize enterprise (SME) needs to prevent internal and external threats, attacks and malicious intents before they strike and can be managed through a simple-to-use, cloud interface.
Offered through the North American IT channel, Seqrite delivers cross-platform support for Apple, Windows, iOS and Android endpoints, along with servers and networks/gateways, and total mobile device management.
Agree high volume but the fact it short covering deliverable is is low percentage the max i saw was 15%.... Imo this counter has more head winds given issue with tax and owner dispute only buy for trading and have stop loss...