Interest rates in savings account were always calculated on progressive basis. So nothing new, infact the rates have increased, so a SA customer is now slightly better off as compared to few months ago. And compared to other banks like ICICI, HDFC, Axis, SBI, IDFC’s rates are higher. So again, a customer is better off with IDFC First Bank.
Posts tagged Value Pickr
Manjunath.c.a’s (CAMS) PORTFOLIO (26-07-2022)
That’s True. Sure… Thanks Again.
Manjunath.c.a’s (CAMS) PORTFOLIO (26-07-2022)
Yes. Thats my point. Just because somebody said something, dont directly take the decision of buy and sell. Anybody can say anything, including me. You need to dig deeper into the company, see if it makes sense to invest in it and then go ahead.
Also since I am invested in HCL and TCS , LTI and Infosys, if you study any of them, let me know your study and whats your views on them.
Sandur Manganese (26-07-2022)
I am no accounting student. Can someone please explain what investor has to do if they intend to keep their invested amount the same? Or will it become the same after August 8th? Currently my holding is way off from what it was couple of days ago. Is this some real loss or notional loss which will be gone once the ex date is gone.
StageInvesting +Elliot Waves (26-07-2022)
Thanks for list out all the possiblities with points to watchout for
BSE (Bombay Stock Exchange)- Bet on Financialization? (26-07-2022)
The trio of BSE PTC and ICICI has what it takes to counter IEX , unlike BSE vs NSE monopoly.
Manjunath.c.a’s (CAMS) PORTFOLIO (26-07-2022)
Thanks for the Suggestion. As of now, Added HCL & TECHM as Tracking Position Only. Will study HCL/TECHM/LTTS/ELXSI further before adding it.
Indian Energy Exchange (IEX) (26-07-2022)
It is good to see that PPAFS has not reduced. What is good to see is DII have increased with increase coming for mirea
Invested and biased
When Not To Buy (26-07-2022)
For me, Valuation is the foremost parameter. If a company fails this parameter, then no matter how great it is fundamentally, I will not look at it. Just cannot accept the avoidable risk of multiple contraction plus low valuations would give margin of safety against unforeseen future circumstances.
I have Two Category of valuations depending on the type of business.
-
For non-moated businesses (average businesses) - BUY when price is at-least 25-30% Discount to Intrinsic Value calculated based on AVERAGE HISTORICAL EARNINGS (Avg ROCE, Avg EBIT margins etc.).
This ensures that we have two tiers of margin of safety.
One is the flat 30% discount Demanded on intrinsic value.
Secondly, By using AVG Earnings power, we can buy when the earnings are on the lower side of the avg, thus giving a chance for reversion to mean (A very powerful and persuasive phenomenon) and also protecting on the downside against further earnings decline. (some basic business analysis is of-course required to figure out where in the cycle earnings are currently and what are the catalysts for mean reversion) -
For Strong / Moated Businesses - Buy at Fair Value, usually 10-12 EBIT/EV Multiple, so that we get all the future growth + Multiple re-rating chance for free.Here numbers are of secondary concern and business analysis the primary. Significant judgement about business fundamentals, industry dynamics is required to determine the strength and sustainability of competitive advantages. Thus, if a company passes the business analysis test, then buying it at fair static intrinsic value would give us all the good things about growth without having to pay for it!