Hello everyone ,
Is the net and gross npas anything to worry about ?
Disc invested from lower levels
Posts tagged Value Pickr
Canfin homes ltd (20-10-2015)
Hello everyone ,
Is the net and gross npas anything to worry about ?
Disc invested from lower levels
Realtime Alerts for BSE Corporate announcements (20-10-2015)
Yes Raj. Truly deserves our appreciation.
No longer do we need to log into different sites and time intervals to check if the results have been uploaded. So much time is saved if you have a large portfolio like I have.
Delivered straight to your mobile phone (read inbox)
Brilliant indeed!
Realtime Alerts for BSE Corporate announcements (20-10-2015)
Yes Raj. Truly deserves our appreciation.
No longer do we need to log into different sites and time intervals to check if the results have been uploaded. So much time is saved if you have a large portfolio like I have.
Delivered straight to your mobile phone (read inbox)
Brilliant indeed!
INDIGO ready for takeoff :airplane: (20-10-2015)
“clean shirt in dirty laundry” 
. 
Realtime Alerts for BSE Corporate announcements (20-10-2015)
Hi Sunil,
It’s wonderful service and we have now got addicted to it. Till now i used to think it’s a service from bse
Regards
Raja
Realtime Alerts for BSE Corporate announcements (20-10-2015)
Hi gurjota,
Thanks for pointing this out. You might have not got emails for any other companies too because there is some email authentication issue going on with hosting server. I am working to resolve that. In case you get any emails please let me know.
Thanks,
Sunil
INDIGO ready for takeoff :airplane: (20-10-2015)
Aviation sector has struggled to make money for investors around the world. It is asset heavy sector with uncontrolled variables like global oil prices,government regulations, capacity utilization etc. Although Indigo is well run airline in India, lower oil prices is making it look much better. Trouble of other private airlines like Kingfisher and Spicejet helped Indigo grabbed market share as they remained only “clean shirt in dirty laundry” .
Indigo got its IPO timing right as their numbers never looked so better! But looking at IPO pricing and knowing history of aviation sector in India, not sure if it would generate wealth for anybody, except promoters 
I would prefer to give it a miss….
If it continues to do well, one can always pick it up in secondary market at a later date.
Canfin homes ltd (20-10-2015)
My post was just to kind of say that there is no negative effect as a result of equity share capital increasing in this case, and less earnings growth of 47% as compared to PAT growth of 90% doesn’t actually make any difference. And also that equity dilution I thought may not be the right word to use in this case.
Rights dilute value of each share of the company (including promoter’s share) and hence existing shareholders are not losing out on earnings as they receive proportionate allocation of extra shares that are issued. Where as in something like e.g. of warrants given above the earnings in the hands of existing non-promoter shareholders is getting reduced.
Markets in anycase, as we all know definitely views frequent equity dilutions as negative.
Regards.
INDIGO ready for takeoff :airplane: (20-10-2015)
The Net debt (less of reserves) is still around 2500cr. Any investor-friendly management would have tried to pare off the debt than taking large chunks as dividends. These guys “swiped” 1500cr as dividend, to the extent of resulting in a negative net worth for the company. And they say in the offer document that it might be difficult for them to raise debt if they have a negative net worth.
So if you know raising debt is difficult when you have a negative net worth, all the more reason for you to “sacrifice” on your dividends.