Archives: 2006 April
‘I don’t know’
April 25th, 2006, No Comments
Ask any analyst, market commentator, investor or your friend on the future direction of the market and they will have a wide variety of views ranging from totally pessimistic to wildly optmisitic. Most will also have very plausible reasons to back up their viewpoints. In reality, I doubt anyone can consistently time the market (and [...]
Oil and gas industry – Refineries
April 20th, 2006, No Comments
This is a complex industry with some of the largest public companies in india. It would be difficult to cover the entire industry in detail in a single post. I would however try to cover the critical components of the industry and try to explore one of the subsets of the industry in this postThe [...]
Companies/ industry with falling pricing
April 14th, 2006, 4 Comments
There are industries with stable pricing power like FMCG companies (to a certain extent), cylical pricing power like cement, steel and other commodity companies which depends on the demand and supply conditions and then there are companies which have a business model where the price is always dropping. A few industries, which come to mind [...]
A good idea carried too far
April 10th, 2006, 3 Comments
1991-1992: Harshad mehta boom Story: Liberalisation 1994 – IPO boom1999-2000: IT stock boom2003 – ? : The india story . ‘India will grow at above average rates ( > 6 %) for the next few years and more. India has the requisite demographics, savings rate and the right condition for growth’The underlying idea behind each [...]
Follow up on the Infomedia ltd arbitrage
April 7th, 2006, 3 Comments
I had a look at the AR of infomedia to figure out what could be the downside risk to the arbitrage opportunity I discussed in my previous postFollowing are my observations/ conclusion from what I read in the AR Infomedia is a fairly profitable company with a networth of 155 cr and a cash and [...]
Arbitrage opportunities
April 4th, 2006, 7 Comments
With the market at current levels, I am not finding too many long term opportunities. Maybe my criteria is too stringent. But for my long term holdings I am not too keen to relax them. In addition there aren’t too many graham type value stocks either. That kind of leaves out only aribtrage opportunities. Although [...]
