Dear Readers, What if I were to tell you that you can take currency notes worth Rs 1 lakh for just Rs 50,000, today, with just one condition that you can sell those currency notes worth 1 lakh only after 24 months and not before ? Note: This article is for investors serious about wealth creation. If you don’t look at stocks/equities as an investment option beyond a day, week or month, then don’t read beyond this line. Ok, let…
Dear Readers, Be it US or India, the story is same all over the world when it comes to dealing with clients at Brokerage houses, Trading (be it in equities, commodities, etc) advisory firms. As clearly mentioned by Greg Smith in his resignation letter, the corporate culture at such firms sidelines the interests of clients in their pursuit of quick money. The central point of discussion for analysts at such firms is: “How much did we make off the clients?”…
Dear Readers, In the past, we have had very good experiences with Rights issue offerings of the company. For instance Veljan Denison proved to be a very good case with approximately 20% return in 3 months while Atul Auto was over the top with more than 250% return. We like the cases wherein: The equity dilution is less (For instance 1:10 i.e. one share for every 10 shares) The valuations are reasonable Relatively large public holding (enables subscription in excess…
Dear Readers, About a month back, we released an updated report on ABM Knowledgeware Ltd (BSE – 531161) In the report we had recommended a portfolio allocation of ~7% in the price range of Rs 65-70. The company recently announced its quarterly results for the quarter ending Dec’11 and we are glad to share the results with you. Its good to note that company has been consistently reporting more than 50% growth, without compromising on margins. As can be observed…