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Kalidas
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Also see Kalidas’s rated messages
07 Oct 2008 02:51
View full thread (247 messages)
Tracked by: 6 Boarder
for lalitdeshpandey
You are a "Donkey Kong"
And by the way, why are you beating your drums and all those craps of businss talk with lots of cut and paste" on my thread? Don`t you have people who care to listen to you.
that explains - you are a "Donkey Kong". A self congratulatory monkey hopping on the roof of the others with a banana in one hand who throws its skin on the floor without realizing that someone may get hurt.
And again, better read my full message for 2400 rally before commenting - I already gave you very firm, point by point and authentic reply with facts and figures.
Go around hopping, hopping and hopping. I don,t leave anything for monkeys except a long stick....
Kalidas, Hong Kong
7-10-2008
...
You are a "Donkey Kong"
And by the way, why are you beating your drums and all those craps of businss talk with lots of cut and paste" on my thread? Don`t you have people who care to listen to you.
that explains - you are a "Donkey Kong". A self congratulatory monkey hopping on the roof of the others with a banana in one hand who throws its skin on the floor without realizing that someone may get hurt.
And again, better read my full message for 2400 rally before commenting - I already gave you very firm, point by point and authentic reply with facts and figures.
Go around hopping, hopping and hopping. I don,t leave anything for monkeys except a long stick....
Kalidas, Hong Kong
7-10-2008
...
07 Oct 2008 02:41
View full thread (36 messages)
Tracked by: 0 Boarder
for Atheist,
If I remember well, you are from Bangalore. You did describe in narrative details, how it has deterioated. I am glad to know that my reply did help you. Get me a coffee when visit Banagalore.
Any business thrives on good product, good service, attention to the customer and above all solving the customer`s problems (called after sales service). A good appearance, friendly behaviour and smiling face (not laughing) welcomes the customer. Further, if you have a small business, the door has to be see through or open shop so that even working class people can walk through. If they find the shop behind the door, they feel the goods must be expensive. Neatness and basic cleanliness is the most important part of the retail business.
Never eat or allow employee to eat in the shop for taking lunch or dinner. Nor should one allow eating of tobacco or paan.
Biggies may not do well, because they tried to build the business just because they had the access to large amount of public funds. They do not train the staff as well as the Western corporations. There is no uniform, and if there is one, it is shabby, The employees are also having badly cut moustache or beards. The people should be clean shaven as far as possible. If there is female employee, often I find, they come in traditional style using liberal dose of coconut oil (which smells bad to many visitors). This is especially true in Hong Kong.
In Hong Kong, the retail owners pay for hair styles, clothes, make up and also force their employees to wear identification tag all the time.
Of course, one has to modify the approach having regard to local culture, but basic things should not be compromised.
Some small expenses on such basics bring in more and wealthy customers.
Kalidas, Hong Kong
7-10-2008...
If I remember well, you are from Bangalore. You did describe in narrative details, how it has deterioated. I am glad to know that my reply did help you. Get me a coffee when visit Banagalore.
Any business thrives on good product, good service, attention to the customer and above all solving the customer`s problems (called after sales service). A good appearance, friendly behaviour and smiling face (not laughing) welcomes the customer. Further, if you have a small business, the door has to be see through or open shop so that even working class people can walk through. If they find the shop behind the door, they feel the goods must be expensive. Neatness and basic cleanliness is the most important part of the retail business.
Never eat or allow employee to eat in the shop for taking lunch or dinner. Nor should one allow eating of tobacco or paan.
Biggies may not do well, because they tried to build the business just because they had the access to large amount of public funds. They do not train the staff as well as the Western corporations. There is no uniform, and if there is one, it is shabby, The employees are also having badly cut moustache or beards. The people should be clean shaven as far as possible. If there is female employee, often I find, they come in traditional style using liberal dose of coconut oil (which smells bad to many visitors). This is especially true in Hong Kong.
In Hong Kong, the retail owners pay for hair styles, clothes, make up and also force their employees to wear identification tag all the time.
Of course, one has to modify the approach having regard to local culture, but basic things should not be compromised.
Some small expenses on such basics bring in more and wealthy customers.
Kalidas, Hong Kong
7-10-2008...
06 Oct 2008 20:52
View full thread (247 messages)
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06 Oct 2008 20:51
View full thread (36 messages)
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for tally
Profit is yours if you take it. Book the profit in scrips in which you are in money and buy back same scrips in violent correction.
If RBI eased CRR, it is good thing. They should reduce rates rather than reducing CRR - reducing CRR does not enlarge credit, as most banks in India are anticipating tight money conditions ahead in inter bank market.
You should remain long on Gas stocks like Indraprashtha Gas, GAIL, GSPL, Petronet, and State Owned Refineries, Buy LIC HSG FINANCE when it corrects more in violent crash. When there are no bids for such counters, is the time to buy them at 20% lower circuits
I am not bullish for RIL - as I had mentioned before, this stock is hyped up and its real value should not be above Rs 900. It has long way to go down - but do not listen to me. Others were telling me that it will never go down and see it is collapsing.
Not because of fundamentals, but the shares of RIL must have been pledged by the promoters for their various projects. If the share value go down, they will get margin calls and if they can not meet thousands of crores of margin calls, their shares will be simply sold off in the market. That will cause the market to fall also because of their index weighting
Kalidas, Hong Kong
6-10-2008...
Profit is yours if you take it. Book the profit in scrips in which you are in money and buy back same scrips in violent correction.
If RBI eased CRR, it is good thing. They should reduce rates rather than reducing CRR - reducing CRR does not enlarge credit, as most banks in India are anticipating tight money conditions ahead in inter bank market.
You should remain long on Gas stocks like Indraprashtha Gas, GAIL, GSPL, Petronet, and State Owned Refineries, Buy LIC HSG FINANCE when it corrects more in violent crash. When there are no bids for such counters, is the time to buy them at 20% lower circuits
I am not bullish for RIL - as I had mentioned before, this stock is hyped up and its real value should not be above Rs 900. It has long way to go down - but do not listen to me. Others were telling me that it will never go down and see it is collapsing.
Not because of fundamentals, but the shares of RIL must have been pledged by the promoters for their various projects. If the share value go down, they will get margin calls and if they can not meet thousands of crores of margin calls, their shares will be simply sold off in the market. That will cause the market to fall also because of their index weighting
Kalidas, Hong Kong
6-10-2008...
Rating : 
06 Oct 2008 20:41
View full thread (36 messages)
Tracked by: 0 Boarder
for slowhand22
Is liquidity in Indian market affected. it should not. Interest rates are very high now, so RBI has lot of leeway to reduce the interest rates.
Banking collapse has started already, this is what I was forecasting from 12 months onwards. US is heading towards Civil War, and I will not be surprised if national emergency is declared and election postponed.
Solution is already there, but the US Administration did not listen to me or respond to my letter. As I have stated before, I am the only person in the world who has solution to US problem. I am not boasting or not telling you out of ego. Whatever actions taken by Paulson and Bernanke are terribly wrong. They are printing their way out of the problem.
If they had listened to me earlier, they would have prevented all these collapses, in fact there could have been massive rally. I will release the letter at appropriate time.
Now that the situation has come out of hand, the solution will be more curative rather than preventive. it will hurt almost all, regardless of your country.
India will emerge strongest in the world. I am only worried about Rupee policy of the RBI and Government. They know that it has not worked for over 60 years, and they are still following the beaten path.
In India, most banks are nationalized, so there should not be any problem in Inter-bank lending. Nothing may happen to India, unless the Indian officials become super charged and panicky in which case they will hurt the nation. This is more likely to happen, if past is the indication.
Inflation is no longer a problem now - there is no money in the market. The present problem is liquidity. Indian government has most powerful tools in its armoury. The rates are inordinately high at about 10% for deposits. Even if the rates are progressively reduced by 5% in small steps of 0.5% for next 16 months, (0.5% per 2 months)
Further, next step will be to lower the taxation rate. These are all bullish scenario being set up by the present crisis. To be quite honest, I am super bullish at Indian prospect, but that time has to wait. You have to be stock specific.
A few months ago, I had asked for investing into HPCL (came down to 180), BPCL (came down to 230) when the Index was near 15000 or about. Today, the market is down to below 11000 or by about 35%, and the same stocks are up by 35% to 50% in less than 4 months.
At that time, there were many who were comparing Reliance (RPL) as best buy which was at about 172 to 192. Now it is at Rs 132, down 25%.
This is the difference between my recommendations and others blind loyalty to Ambanis, Tata, Birla, etc. I never attach myself to any stock, and allow my self to be conducted by the sheer logic and dispassionate analysis of any scrip or market.
Perhaps I am the only one today, who is superbullish about the Indian market, and you will see that in coming days.
Kalidas, Hong Kong
6-10-2008...
Is liquidity in Indian market affected. it should not. Interest rates are very high now, so RBI has lot of leeway to reduce the interest rates.
Banking collapse has started already, this is what I was forecasting from 12 months onwards. US is heading towards Civil War, and I will not be surprised if national emergency is declared and election postponed.
Solution is already there, but the US Administration did not listen to me or respond to my letter. As I have stated before, I am the only person in the world who has solution to US problem. I am not boasting or not telling you out of ego. Whatever actions taken by Paulson and Bernanke are terribly wrong. They are printing their way out of the problem.
If they had listened to me earlier, they would have prevented all these collapses, in fact there could have been massive rally. I will release the letter at appropriate time.
Now that the situation has come out of hand, the solution will be more curative rather than preventive. it will hurt almost all, regardless of your country.
India will emerge strongest in the world. I am only worried about Rupee policy of the RBI and Government. They know that it has not worked for over 60 years, and they are still following the beaten path.
In India, most banks are nationalized, so there should not be any problem in Inter-bank lending. Nothing may happen to India, unless the Indian officials become super charged and panicky in which case they will hurt the nation. This is more likely to happen, if past is the indication.
Inflation is no longer a problem now - there is no money in the market. The present problem is liquidity. Indian government has most powerful tools in its armoury. The rates are inordinately high at about 10% for deposits. Even if the rates are progressively reduced by 5% in small steps of 0.5% for next 16 months, (0.5% per 2 months)
Further, next step will be to lower the taxation rate. These are all bullish scenario being set up by the present crisis. To be quite honest, I am super bullish at Indian prospect, but that time has to wait. You have to be stock specific.
A few months ago, I had asked for investing into HPCL (came down to 180), BPCL (came down to 230) when the Index was near 15000 or about. Today, the market is down to below 11000 or by about 35%, and the same stocks are up by 35% to 50% in less than 4 months.
At that time, there were many who were comparing Reliance (RPL) as best buy which was at about 172 to 192. Now it is at Rs 132, down 25%.
This is the difference between my recommendations and others blind loyalty to Ambanis, Tata, Birla, etc. I never attach myself to any stock, and allow my self to be conducted by the sheer logic and dispassionate analysis of any scrip or market.
Perhaps I am the only one today, who is superbullish about the Indian market, and you will see that in coming days.
Kalidas, Hong Kong
6-10-2008...
Rating :
06 Oct 2008 10:40
View full thread (36 messages)
Tracked by: 0 Boarder
for drswastik
Banking collapse has begun. Even Japan has started withdrawing money from everywhere, this is why Japanese Yen despite Zero interest, is going up against US$, Euro, GBP, Aussie $ etc.
It is a home coming of all currencies. All foreign investments of FII will be liquidated either out of strategy, or requirements of funds redemption back home. It has nothing to do with the fundamental of individual companies.
When the banks collapse, the people will shift the money to treasury bonds. When they find that even treasury is useless, they buy only one thing - GOLD
WHERE IS IMF? Have you heard its name in such humongous crisis? Whenever there was crisis in Asia or Latin America, they were rushing here and there and offering many solutions on stringent terms. Now that their original mentor USA is in deep trouble, they do not utter even a single sentence.
Finally, after these currency and banks collapse, the world monetary system will be linked to Gold as standard. It may happen when the current crisis is fully played out.
Almost all troubled banks are nationalized. The only countries to come out strongly will be India (China too), France and Brazil.
India is very strongly positioned. It is least leveraged, almost all banks are already nationalized, so there will be no run on the banks, has over 30,000 tons of gold with private holders, people are now more literate now, and the country is blessed with well defined friendly weather. There is no better place than India. Most NRIs will start sending money to India from their banks (except perhaps Canada). If only RBI does not intervene to keep the rupee low, which is the most hazardous policy over decades - rupee should have been at Rs 26 now - that is biggest disincentive to NRIs
We can not predict the market even for tomorrow, so do not talk about 2010 and 2011 like an Astrologer.
Yes, one thing, The best opportunities for long term investment is coming in a few months. Brace it for that. If some FII withdraws the money from India that causes the loss of hundreds of points, that is more due to his weakness, or requirements back home, rather than the weakness of Indian economy.
It all depends how imaginative our PM and FM are. Being a good person is not enough. India needs leadership of highly imaginative persons who are relatively young (40+ to 55-) who can stay longer. We should not have leaders for whom we would have national holidays in a few years with flags hanging out at half mast.
Kalidas, Hong Kong`
6-10-2008...
Banking collapse has begun. Even Japan has started withdrawing money from everywhere, this is why Japanese Yen despite Zero interest, is going up against US$, Euro, GBP, Aussie $ etc.
It is a home coming of all currencies. All foreign investments of FII will be liquidated either out of strategy, or requirements of funds redemption back home. It has nothing to do with the fundamental of individual companies.
When the banks collapse, the people will shift the money to treasury bonds. When they find that even treasury is useless, they buy only one thing - GOLD
WHERE IS IMF? Have you heard its name in such humongous crisis? Whenever there was crisis in Asia or Latin America, they were rushing here and there and offering many solutions on stringent terms. Now that their original mentor USA is in deep trouble, they do not utter even a single sentence.
Finally, after these currency and banks collapse, the world monetary system will be linked to Gold as standard. It may happen when the current crisis is fully played out.
Almost all troubled banks are nationalized. The only countries to come out strongly will be India (China too), France and Brazil.
India is very strongly positioned. It is least leveraged, almost all banks are already nationalized, so there will be no run on the banks, has over 30,000 tons of gold with private holders, people are now more literate now, and the country is blessed with well defined friendly weather. There is no better place than India. Most NRIs will start sending money to India from their banks (except perhaps Canada). If only RBI does not intervene to keep the rupee low, which is the most hazardous policy over decades - rupee should have been at Rs 26 now - that is biggest disincentive to NRIs
We can not predict the market even for tomorrow, so do not talk about 2010 and 2011 like an Astrologer.
Yes, one thing, The best opportunities for long term investment is coming in a few months. Brace it for that. If some FII withdraws the money from India that causes the loss of hundreds of points, that is more due to his weakness, or requirements back home, rather than the weakness of Indian economy.
It all depends how imaginative our PM and FM are. Being a good person is not enough. India needs leadership of highly imaginative persons who are relatively young (40+ to 55-) who can stay longer. We should not have leaders for whom we would have national holidays in a few years with flags hanging out at half mast.
Kalidas, Hong Kong`
6-10-2008...
Rating :
06 Oct 2008 10:25
View full thread (247 messages)
Tracked by: 6 Boarder
for ysb
An excellent and intelligent question. Honestly, I never like a company or business leader who day in and out buys some or the other different companies or floats new ones not related to their core business. (This applies to Reliance group also).
Mittal invested in related business, but he never had that kind of money as projected. Most of the wealth of the tycoons are only on paper, their wealth goes up because their share prices go up in bull market. We therefore call them billionaire. They never disclose their personal liabilities.
The FORBES list of top 100 is nothing but a bogus list. They value the existing holding of the controlling shareholders by multiplying his stake x current stock price. How about his personal liabilities, that are never disclosed?
Whenever they buy new companies or float new ventures, they fund it not from their liquid cash, but borrow from their brokers or banks by pledging the shares of existing companies. The borrow in their personal capacity. When the situation like this comes, and their bankers issue Margin calls. If they can not meet (and they would not) the margin calls, the financing banks or broker sells out those shares in market or in private deal.
The real stature of Mittal will come out during this testing time. The persons like Mittal love debt more than anything else. His original venture Ispat, the main borrowing vehicle, is still neck deep in debt. But he is not longer liable, having migrated to London. (or ran away?)
When the debt crisis is in full swing, and metal prices are plummeting, his share values pledged as collaterals will also come down. He should get margin call from his bankers or brokers. If he can not meet them, his pledged securities will be sold off and all the mountains of debt will come to the light.
If he passed this test during these times, then he would be deemed to have real wealth. Until such time, watch his empire closely.
Tell me, which banker in India is going to lend Rs 4000 to 8000 crores to Anil Ambani`s Reliance Power, when they have no other assets and the plant is just on paper or under part execution? Obviously, he would have pledged the shares of his flagship companies like Reliance Communication, Reliance Capital etc. which he is not required to disclose under any act because these are his personal holdings.
Ratan Tata was a disciplined businessman in the past. But he had personal ego - Yeh kalka Chhokra Lakshmi Mittal, mere se hajaro miles aage nikal gaya. Main bhi kuchh bataa doon. (This yesterday`s boy has advanced several miles ahead of me. Let me also show the world that I am not anything less than him) So he bought Corus.
When I wrote against Ratan Tata on this subject, somewhere in December or January, everyone on this board pounced on me, how a person from cozy office in Hong Kong could write on Ratan Tata who is visionary and best businessman of India. I questioned his take over only one ground - he bought when the GBP was at highest, Steel prices were at highest, and stock prices at highest. how could he expect to make money. And where was he, when he could have bought Steel Authority of India which was trading at Rs 5 at the height of crisis a few years ago? The stock SAIL then went up to over Rs 160 or so. If he was so bullish on India, why did he become so foolish to go all the way to London to buy Corus that was 5 times the size of TISCO for which he did not have expertise or experience?
Refer my old write up on Ratan Tata if you can retrieve that from the Archive. It had full article on Ratan Tata.
Kalidas, Hong Kong
6-10-2008 ...
An excellent and intelligent question. Honestly, I never like a company or business leader who day in and out buys some or the other different companies or floats new ones not related to their core business. (This applies to Reliance group also).
Mittal invested in related business, but he never had that kind of money as projected. Most of the wealth of the tycoons are only on paper, their wealth goes up because their share prices go up in bull market. We therefore call them billionaire. They never disclose their personal liabilities.
The FORBES list of top 100 is nothing but a bogus list. They value the existing holding of the controlling shareholders by multiplying his stake x current stock price. How about his personal liabilities, that are never disclosed?
Whenever they buy new companies or float new ventures, they fund it not from their liquid cash, but borrow from their brokers or banks by pledging the shares of existing companies. The borrow in their personal capacity. When the situation like this comes, and their bankers issue Margin calls. If they can not meet (and they would not) the margin calls, the financing banks or broker sells out those shares in market or in private deal.
The real stature of Mittal will come out during this testing time. The persons like Mittal love debt more than anything else. His original venture Ispat, the main borrowing vehicle, is still neck deep in debt. But he is not longer liable, having migrated to London. (or ran away?)
When the debt crisis is in full swing, and metal prices are plummeting, his share values pledged as collaterals will also come down. He should get margin call from his bankers or brokers. If he can not meet them, his pledged securities will be sold off and all the mountains of debt will come to the light.
If he passed this test during these times, then he would be deemed to have real wealth. Until such time, watch his empire closely.
Tell me, which banker in India is going to lend Rs 4000 to 8000 crores to Anil Ambani`s Reliance Power, when they have no other assets and the plant is just on paper or under part execution? Obviously, he would have pledged the shares of his flagship companies like Reliance Communication, Reliance Capital etc. which he is not required to disclose under any act because these are his personal holdings.
Ratan Tata was a disciplined businessman in the past. But he had personal ego - Yeh kalka Chhokra Lakshmi Mittal, mere se hajaro miles aage nikal gaya. Main bhi kuchh bataa doon. (This yesterday`s boy has advanced several miles ahead of me. Let me also show the world that I am not anything less than him) So he bought Corus.
When I wrote against Ratan Tata on this subject, somewhere in December or January, everyone on this board pounced on me, how a person from cozy office in Hong Kong could write on Ratan Tata who is visionary and best businessman of India. I questioned his take over only one ground - he bought when the GBP was at highest, Steel prices were at highest, and stock prices at highest. how could he expect to make money. And where was he, when he could have bought Steel Authority of India which was trading at Rs 5 at the height of crisis a few years ago? The stock SAIL then went up to over Rs 160 or so. If he was so bullish on India, why did he become so foolish to go all the way to London to buy Corus that was 5 times the size of TISCO for which he did not have expertise or experience?
Refer my old write up on Ratan Tata if you can retrieve that from the Archive. It had full article on Ratan Tata.
Kalidas, Hong Kong
6-10-2008 ...
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