The Great Indian Consumer Bull Market was alive and kicking even at the bottom!
The big question is whether RBI would begin reversing its monetary policy by cutting the Cash Reserve Ratio (CRR) in the January 24th Policy?
The legendry father of value investing, Benjamin Graham died in 1976, at the age of 82. Unfortunately unlike Buffett he never took any interest in non-US listed stocks during his lifetime.
A lot of tributes have come Warren Buffett's way, arguably the world's best investor ever. But the best one we believe will be reserved by Charlie Munger, the business partner of Buffett and a very intelligent man himself. Munger observed that the reason that Buffett is so successful is because he is a lifelong learning machine.
To study any business and its performance, you have to study financial statements including profit and loss statement, balance sheet and cash flow statement.
The banking sector in India will take a hit due to the recent decision by Reserve Bank of India to deregulate the savings bank interest rates.
“To invest successfully over a life time does not require a stratospheric IQ, unusual business insights or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.” Warren Buffett
Scale of operations and profitability favour Flexituff though promoters’ stake, poly sacks’ poor discounting, credibility issues, etc. weigh against the hefty offer.
Loss-making Onelife Capital vie Rs 90 to Rs 100 premium for a Rs 10 paid-up share. How a two-year-operational company is allowed to pocket such a huge premium at one stroke?
How can one justify a market cap of Rs 360 crore plus for a company whose aggregate turnover in last five years was only Rs 135 crore? Absurd valuation short-circuits genuine appreciation prospects on M&B Switchgears.