In the recent past I have made some mistakes in equities…here are a few…. 1. Buying EID PARRY at 155, then averaging at 140: I still do think that sugar being decontrolled is a good thing to happen, but this investment is going to take a long time to make money for me. 3 to […]
‘Hello Subra will you do a post for the Budget?’ Me: No. Media house: Why? Me: The Budget is a media event, NOT what the public want. MH: Subra, everybody wants to know what will happen to the country in the next financial year. Me: Complete nonsense. We are a victim of HABITS. The English […]
1. the 3G scam 2. many fertilizer scams 3. food grains – procured poor quality grains at very high prices. Now rotting 4. DGCA scam 5. Can get any loan for any amount from a PSU bank scam what is common to all these scams is simple. There is one babu who has a secured […]
The same experts who in 2007 said markets are fairly priced at 21000 are saying it is overpriced at 18400. Are they wrong or is the market wrong? Last week Shankar Sharma said he likes auto stocks. He was particularly bullish on Ta Mo. Ta Mo is one of my favorite stocks. When Mr. Ratan […]
Financial analysts try to determine the value of a stock by calculating a company’s discounted “free cash flow”. This is based on a series of computer models with assumptions about future sales, earnings and growth rates. These models are only as good as the programmers and analysts that build them. What you end up with […]
Our FM has at last politically consented to an increase in fuel prices. So if you are a shareholder, rejoice. Your company is now perhaps 12 months away from bankruptcy instead of 2. That is about all. Look at the fertiliser subsidy. Who gets it? Farmers growing potato for Pepsi, Coke, ITC, – so that […]