In an earlier piece, I lamented about how the shenanigans of SoGa and RaGa had prevented investors from pocketing mega bucks from GST-related stocks (see Ace Investors Fume As Dreams Of Mega Bucks Turns To Dust).
The deadly duo of SoGa and RaGa are holding the entire Country to ransom to fulfill their personal and petty ambitions. The duo has used one assorted excuse after the other ranging from the National Herald scam to the alleged intolerance to stonewall NAMO’s earnest efforts to pass the GST Bill.
The unfortunate aspect is that the duo led investors up the garden path. They first promised “co-operation” with NAMO leading investors to pile on to all GST-sensitive stocks such as TCI, GATI, Concor etc. Later, when the stocks were soaring at record heights, the duo pulled the rug from under NAMO’s feet, leading to colossal losses for investors.
Worse, the failure of the GST Bill has also soured the investment climate in the Country. Foreign investors are now lukewarm about NAMO’s ability to deliver the promised reforms.
Anyway, Ridham Desai of Morgan Stanley, who is highly renowned for his brilliant analytical skills, has pulled out his crystal ball and predicted the future. After much complicated number crunching and juxtaposition of permutations and combinations, Ridham has confidently declared that by July 2016, NAMO will have the requisite majority in the Rajya Sabha which is required to pass the GST Bill.
Ridham explains that there are presently 91 members in the Rajya Sabha who are opposed to the GST. Of these, 67 belong to the Congress party and owe their allegiance to SoGa and RaGa. As a result of compulsory retirement of the MPs, one of the scenarios that will most likely play out is that NAMO will gain a majority of the seats and will be in a position to call the shots.
“Once the bill clears Parliament, getting the bill passed by more than half of the states should not prove challenging, as the BJP and its allies are currently in power in 12 of 29 states, and a few beyond the 12 are supportive of the bill” Ridham adds with immense confidence in his tone.
Now, Ridham’s clear-cut analysis sounds like melodious music to all investors. Fortunately, leading experts have already short-listed the stocks that will benefit the most from the GST and all that we have to do is position ourselves in advance in our favourite GST stocks and brace for mega gains!
Hope it get passed.
There are many stocks just waiting to get that trigger.
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What has changed in States, In Haryana they had formed the Govt but has majorty by one vote.In Maharashtra, it is alliance govt,Shivsena fuming due to eleventh hour ditching by BJP.What every little upper hand they got there is more than neutralised by Nitish Lalu in Bihar or Kejri in Delhi..So practically nothing has changed, with passage of time NDA Parteners and regional parties will start taking anti Modi stand to stay clear of antiincumbancy in next polls.In my view Modi should stop focus on making new laws, as India has plenty of them, maximum in any country. What Modi needs to do is to control on Govt expenditure wastage and corruption.If he improve delivery of current money being spent by Govt,reduce in corruption by Govt machinery,there is lot of scope for improvement. Those who says GST will solve all problem are totaly over estimating it ,although it can improve marginally.You look at big army of Central govt employees and their deptts budgets, 95%of Governess is irrelvent to GST.
56 inches ka chest?
Why should passing of the GST bill boost up equity markets? I am not meaning the initial frenzy that immediately follows any positive news, which I dismiss as mass hysteria. Why should it boost in the long run? Is it a myth?
“i” key broken? it’s more of a notion, that GST is a magic wand and will propel India to the same level as other developed economies. ain’t so gung ho about it either. but whatever! certainly good news for the consultants and cos that will be selling new software to ensure compliance with GST.
Western world going through stress and economic pain, is mostly Already Having GST,why Greece ,Spain,Italy every second quarter are at the door of defaulting.Next level of economic boom can come only by attacking corruption,every Oppostion promise to attack corruption,but when comes to power start enjoying the party. Every old case start going under carpet,already arrested slowly comes out on bail to influence the cases,Media is manipulated to change its focus away to petty issues,those who were roraing like Lions against corruption and black money,become New Business Tycoons launching new products daily but still in unconvential dress to fool the public to convert them as buyer of fast and processed foods ( against which public was lectured previously for many years) leaving Yoga to rest of world after a great show.Govt ,Oppostion and Media created new hot topic Kanhiya to hide non performance by politicians .People already divided to rule , has no time to ask poll menfestos and promises.
Pl ignore spelling mistakes as it seems work of malfunction of mobile or virus,Sorry .
lol okay
GST billed gets passed… OK…So what?