Can someone help me find the Google Finance tracker symbol for Annapurna?
Tried everything – can’t find it.
Posts in category Value Pickr
Is China investible? (26-01-2024)
Policymakers are seeking to mobilise about 2 trillion yuan ($278 billion), mainly from the offshore accounts of Chinese state-owned enterprises, as part of a stabilisation fund to buy shares onshore through the Hong Kong exchange link, the report said, citing people familiar with the matter.
I feel this 278 billion $ plan will not amount to much, this rally might fizzle out in some time. What I understand is they are trying to prop up the share prices rather than increasing the companies’ earnings. In my opinion, the economy will only restart when interest rates are cut down.
One more floating theory is Xi Jinping wants society to be more equitable. He won’t cut the rates as it increases speculation and leads to more inequality in society.
There are other concerns as well like the slowing down of the global economy because of high interest rates and the victory of Donald Trump. Some liquidity crunch is even visible in the Indian banking space where major banks are fighting for deposits.
Chinese markets might rally but as of now, I am not comfortable investing a big amount unless there is an announcement of interest rate cuts.
I can be wrong in my understanding. Let’s see how it unfolds.
Investing Basics – Feel free to ask the most basic questions (26-01-2024)
Monitoring agency report is usually a one or two pager and usually disclosed to the stock exchange. But in this particular case, they seem to have disclosed only the covering letter and not the actual report. You can write to the company and ask for it.
Shreeji Translogistics (26-01-2024)
Please elaborate “significant portion of its profits is derived from sources other than its core operations”.
Apcotex Industries – monopoly in Synthetic Rubber? (26-01-2024)
While domestic market share remained intact, it is gaining market share in global market. For the first time, it exported Nitrile gloves to China. Few Nitrile Latex plants are shutting down. Company remains the lowest cost producer of NL gloves. It is a question of time when good tides will come Apcotex way.
Disc: Remain invested.
IREDA: Renewable Energy Powerhouse (26-01-2024)
Excellent observation.
Intellect Design Arena (26-01-2024)
Does anybody know how to calculate valuation of the firm . What factors needs to be considered.
HDFC Life Insurance Company (26-01-2024)
SBI life is definetly doing well over last few years, However hdfc life has had many challenges with hdfc bank moving to open architecture (led to loss of counter share), policy changes on high ticket non par and the merger. If you look at there growth over other channels they have very much outdone there peers.
HDFC Life Insurance Company (26-01-2024)
ROE/ROCE may not be right metric to look at the profitability of an life insurer given there current business phase, As PAT is lumpy due to new business strain. RoEVOP would be the right metric.