Ya its time to load.but unfortunately i had loaded it to my neck. Cant load more as it will very seriously damage portfolio allocation. Now days looking at the price i sometimes take some dip breath and stop watching the market.
Posts tagged All News
International Investing (15-09-2015)
I agree, 100% equities until I turn 40 at least!
Well background helps but nothing beats Passion!
Cheers!
European shares edge higher; focus on Fed decision (15-09-2015)
International Investing (15-09-2015)
That's younger than me for sure (33 yrs). Save and invest sensibly a lot now and you will reap disproportionate benefits down the line. With a right to go wrong, stay in equities, no gold, no bonds. Over long term equities will beat other avenues by a long shot. Lynch - I love him.
Looking at your work background - You know a lot better than me!
Page industries (15-09-2015)
Absolutely agree with you, 16% sales growth for the last quarter is on the minds of the investors. Management has clarified (hopefully, they are right) that it is one off and growth should resume from Q2. Given that it's at high PE as well market is taking its time. But once Q2/Q3 provides the normal growth Page usually sustains, the price should catch up - as you rightly said.
I usually go back to what was said in investing books during these times (Buffett, Lynch) - there might be quarters where the growth may be a bit slack but companies of Page QUALITY generally over time recovers. This is usually a good time for accumulation.
European shares seen opening mixed; Fed in focus (15-09-2015)
Metalyst Forgings hits 5% upper circuit (15-09-2015)
Corporation Bank shares gain as LIC looks to infuse funds (15-09-2015)
Corporation Bank shares gained as much as 4 per cent on Tuesday after the bank informed stock exchanges that Life insurance Corporation (LIC) has expressed its intention to infuse Rs 143 crore capital in the bank.
At 12.28 pm, Corporation Bank shares were trading 2.03 per cent higher at Rs 47.75. It opened at Rs 47.85 and had touched a high and low of Rs 48.70 and Rs 47.65, in trade so far. Sensex was down 111.26 points at 25,745.44.
In a BSE filing, the Bank said,”The Company have received a letter dated September 11, 2015 from Life insurance Corporation of India expressing their intention to infuse capital to the extent of Rs 143 crore into the capital funds of the Bank, by way of issue of equity shares on preferential basis to Life Insurance Corporation of India and to place the same in the ensuing extraordinary general meeting.”
Corporation Bank will hold an extraordinary general meeting on September 28 to decide on the same.
The state-run lender’s stock has fallen 28 per cent this year along with other state-run banks on concerns of increasing bad loans.
For the quarter ended June 2015, the bank posted net profit of Rs 204.26 crore, down 11.75 per cent, against Rs 231.47 crore in the corresponding quarter a year ago.