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Subprime lending - Is the prime topic? 2007-08-17 11:49:00 Subprime
lending (also called B-Paper,near-prime, or second chance lending)is a general term that refers to the practice of making loans to borrowers, who do not qualify for the best market interest rates because of their deficient credit history. Subprime lending is risky for both lenders and borrowers due to the combination of high interest rates, poor credit history, and murky financial situations often associated with subprime applicants. A subprime loan is offered at a rate higher than A-paper loans due to the increased risk.
Subprime lending is highly controversial. Opponents have alleged that the subprime lending companies engage in predatory lending practices such as deliberately lending to borrowers who could never meet the terms of their loans, thus leading to default, seizure of collateral, and foreclosure.
Occasionally some borrowers might be classified as subprime despite having a good credit history. The reason for this is because the borrowers has elected to not provi Read more:Subprime
, topic
Ambanifty - Sell or Buy or Hold ? 2007-09-23 07:12:00
Mukesh Ambani - promoted Reliance Industries (RIL), which is India's most valuable firm, shot up to Rs 2277.50. This is an all-time high.
The mid-cap construction firm Reliance Industrial Infrastructure (RIIL) was locked at upper limit of 10% at Rs 1043.10, which is a record high for the counter.
Reliance Petroleum (RPL), which is wholly-owned subsidiary of RIL, soared 12.89% to Rs 156.75. The stock hit a intra-day high of Rs 158.80, all-time high for the counter
Anil Ambani - controlled gas trading firm Reliance Natural Resources (RNRL) surged 34% to Rs 76.10. The stock hit a intra-day high of Rs 79.20, an all-time high.
Large cap financial services firm Reliance Capital (RCL) flared up 3.05% to Rs 1558. The stock hit a intra-day high of Rs 1574, which is a record high for the counter
India's second largest power generation firm by sales Reliance Energy (REL) moved up 3.17% to Rs 1019.05. The stock hit a intra-day high of Rs 1033, an al
Good Websites for Market Watch 2007-09-20 13:50:00 LETS TRY TO UNDERSTAND THE MARKET AND BE AN INFORMED AND INTELLIGENT INVESTOR... :)
"The only good is knowledge and the only evil is ignorance"
For Global Market
s:
http://new.quote.com/world/http://www.bloomberg.com/markets/stocks/wei.html
For Foreign Exchange Rates and Forex News:
http://new.quote.com/forex/http://www.bloomberg.com/markets/currencies/fxc.html
For Crude Oil Prices:
http://www.bloomberg.com/energy/ http://www.nymex.com/index.aspx
For Current Rates like
Policy rates ( Bank Rate , Repo rate , Reverse repo rate ) Reserve ratios ( CRR , SLR )Lending/Deposit rates ( PLR , Savings bank rate, Deposit rate )Exchange rates and more..
Site -http://www.rbi.org.in/home.aspx
FOR INTELLIGENT INVESTOR -
Sites -http://www.watchoutinvestors.com/search_new.asphttp://www.investorhelpline.in/
* Dalal Street (In Hindi - Dalāl means a broker or dealer) in downtown Mumbai, India is the location of the Bombay Stock Exchange (in the Phiroze Jeejeebhoy Towers, at the intersection o Read more:Websites
Power Grid Corp IPO: Invest at cut-off 2007-09-12 13:04:00 Public Issue Start Date: 10 Sept, 2007 Public Issue End Date: 13 Sept, 2007 Issue Size: 57,39,32,895 Shares Face Value: Rs.10 Price Band: Rs.44 – Rs.52 Market Lot: 125 shares Minimum Quantity: 125 shares Website : http://www.powergridindia.com/
Recommandations:
SSKI India - Power Grid likely to give 20% upside First Global - Subscribe to Power Grid, reasonable valuation Moneycontrol Rating 5 star The Hindu Businessline - Invest at Cutoff Economic Times - 3.5 star rating Dalal street.com - Invest at Cutoff
Why to invest in stocks ? 2007-09-10 10:36:00 Infosys - In 14-year period from 1993 to 2007, the share issue price of Infosys has increased 3000-fold. An invest
ment of Rs. 9,500 (100 shares at an issue price of Rs 95) in the initial public offering of Infosys in 1993 (Rs. 9,500 was approximately $300 according to the 1993 exchange rate) would now be worth Rs. 29,440,000 ($665,235 according to the 2007 exchange rate) after adjusting for stock splits and bonuses. This is excluding the dividends that the company has paid out.
*source - http://en.wikipedia.org/wiki/Infosys
Gujarat Industries Power Co. - Ready for power play 2007-09-09 11:31:00 Sector : PowerCMP : Rs. 7652 Weeks High : Rs. 7852 Weeks Low : Rs. 533 Month Target Price : Rs. 100 Risk : High
About the Company GujaratIndustries
Power Company (GIPCL) is having three power plants in Gujarat state with total installed capacity of 555 MW.The company achieved net sales of Rs.795.58 crores for FY 07 with other income of Rs.87.21 crore.
Between the LineShare is a good bet at Rs.70-73, which can touch Rs.100 mark in the next 3 months, with absolutely no downward risk. Even dividend of 20% is quite heartening. One can buy this safely for steady gains. Disclaimer : I am holding the above stock, so this may influence my recomandation.
Praj Industries - Buy and Hold 2007-09-08 12:12:00 Sector : Engineering/Capital Goods CMP : Rs. 21552 Weeks High : Rs. 26852 Weeks Low : Rs. 79My targets are - Target 1- 222Target 2- 236Target 3- 253 Risk : High
About the Company
The company is well placed to benefit from the robust demand outlook for ethanol equipment and technology, arising from the increasing popularity of ethanol blending programmes worldwide. Praj's technological expertise and execution skills, in combination with its increasing foothold in large markets such as the US, Brazil and Europe are positives for earnings. At the current market price, the stock trades at about 24 times its likely FY08 per share earnings. For the quarter ended June 2007, the company's revenues grew by about 72 per cent while net profits grew by about 90 per cent, based on sustainable earnings. Operating profit margins were flat at about 14 per cent, comparing poorly with FY07 margins of about 17 per cent. However, this appears attributable to the differing product-mix from quarter Read more:Industries
How to get IPO Refund and Shares ? 2007-09-06 12:36:00 Normally the problem is with the wrong data provided in the IPO Application (like errors regarding demat or client personal details).Send your client details and Application Details (Name, Number etc) to the registrar by E-mail or Postal Mail. Wait for a week or so and if you still don't have shares or refund, then try contacting the registrar by phone and if no response later file a complaint with SEBI.
How to file complaint with SEBI - India?
Fill online form made available on following SEBI website -
http://www.sebi.gov.in/Complaint1.jsp
You will get a tracking number.
If the online form doesn't work, then download this form Print it, fill it and Post it to SEBI .If you are sending it by postal mail, then send a CC of the form to BSE and NSE at following addresses -
Bombay Stock Exchange Ltd
(Farzana Mehta or Rajesh Ghadi)
PHIROZE JEEJEEBHOY TOWERS,
DALAL STREET , MUMBAI- 400001National Stock Exchange of India Ltd.
Investor Grievance Cell / Arbitration
Exchange Plaza,
Plot no Read more:Refund
Bill Gates - 11 things they did not and will not learn in school 2007-09-28 23:48:00 Bill Gates
gave a speech at a High School about 11 things
they did not and will not learn
in school. He talks about how feel-good, politically correct teachings created a generation of kids with no concept of reality and how this concept set them up for failure in the real world.
Rule 1 : Life is not fair - get used to it! Rule 2: The world won't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself. Rule 3: You will NOT make $60,000 a year right out of high school. You won't be a vice-president with a car phone until you earn both. Rule 4: If you think your teacher is tough, wait till you get a boss. Rule 5: Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping: they called it opportunity. Rule 6: If you mess up, it's not your parents' fault, so don't whine about your mistakes, learn from them. Rule 7: Before you were born, your parents weren't as boring as they are no Read more:Bill Gates
What is option? 2007-10-03 10:46:00 An option
contract is an agreement between two parties to buy/sell an asset (stock or futures contract as an example) at a fixed price and fixed date in the future. It is called an option because the buyer is not obliged to carry out the transaction. If, over the life of the contract, the asset value decreases, the buyer can simply elect not to exercise his/her right to buy/sell the asset.
There are two types of option contracts - Call options and Put options. A Call option gives the buyer the right to buy the underlying asset, while a Put option gives the buyer the right to sell the underlying asset.Stock options can be exercised any time before the expiry date. (Called "american options") Index options can only be exercised on the expiry date. (Called "European options"). European style options have CE/PE as suffix and American Style options hav CA/PA. At present only options on indices are European Style, and Stock options can be exercised at any time.
Strike Price:
There are 2 typ
How to compute capital gains? 2007-09-29 20:50:00 1.What is Capital Gain?
Capital gain means the gain arising from sale or transfer of a capital
asset. The difference between the original cost of acquisition of the capital asset and the net amount realized on sale of such capital asset is known as capital gains
. Capital gains are of two types, namely Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG). LTCG arises from sale of long term capital asset and STCG arises from sale of short term capital asset.
E.g.:
Sale consideration from sale of capital asset = Rs.2,00,000/-
Less : Cost of acquisition = Rs. 80,000/-
Capital gains = Rs. 1,20,000/ 2.What is Long Term Capital Gain (LTCG)?
Long-term capital gain is the gain arising from sale of long term capital asset. If an assessee holds the asset for a period that is more than 3 years before selling the same, then the asset will be termed as long term capital asset. However if the asset held is shares or securities, then, if it is held for more than one year before its sale,
How Retail Investors loose money? 2007-10-16 10:06:00 The reason is simple - a retail investor is driven by greed or fear. Never logic. Retail
investors are always the last to enter a bull run"Smart money" enters markets long time back when markets are at its bottoms, there is frustration all around and no one wants to discuss marketsWhen markets start booming and indices make new peaks, the retail investor "wakes" up. At this stage, he is still not sure and is a fence sitter. Lastly, there is optimism all around. Every one is bullish and talking markets. Stocks which were never traded in a year, suddenly start moving and start reaching "new highs".At this time, the retail investor starts buying as he does not want to miss out the "action"The retail investor will display a marked preference for "low priced" stocks because these are "cheap". He will stay clear of index stocks as these are "expensive".This is also the time when "smart money" starts moving outWhen a correction happens, it is usually quite severe-The retail investor does one Read more:Investors
Why Reliance Energy going down ? 2007-10-19 10:17:00
Since yesterday RelianceEnergy
fallen from 1900 to 12000 (today). There are rumors in the market that the Reliance Power IPO has been rejected by SEBI.But still no official confirmation on the same by Reliance Energy official.
I have got some info on the "The Tribune". Same I am sharing with you -
Independent probe urged into Reliance Power IPOMinister urged to stop loot of Reliance EnergySEBI probing promoters' contribution in Reliance Power
For detailed info read the The Tribune website - http://thetribuneonline.com/business.htm
This is how stock markets work !!! 2007-10-17 11:15:00 It was autumn, and the Red Indians on the remote reservation asked their New Chief if the winter was going to be cold or mild. Since he was a Red Indian chief in a modern society, he couldn't tell what the weather was going to be. Nevertheless, to be on the safe side, he replied to his Tribe that the winter was indeed going to be cold and that the members of the village should collect wood to be prepared. But also being a practical leader, after several days he got an idea. He went to the phone booth, called the National Weather Service and asked 'Is the coming winter going to be cold?' 'It looks like this winter is Going to be quite cold indeed,' the meteorologist at the weather service Responded.
So the Chief went back to his people and told them to collect even more Wood. A week later, he called the National Weather Service again. 'Is it going to be a very cold winter?' 'Yes,' the man at National Weather Service again replied, 'it's definitely going to be a very cold wint
No threat to Reliance Power IPO: ADAG 2007-10-23 10:21:00 Reliance
Power is awaiting the approval of market regulator SEBI, says a spokesperson for the group amid reports that the mega issue could be delayed. There is no change in the plan to take Reliance Power public, says the Anil Dhirubhai Ambani Group (ADAG), amid media reports that the blockbuster IPO could be delayed.
"There is a vicious campaign of disinformation underway by vested industrial interests to stall Reliance Power's IPO", says a spokesman for ADAG. "The campaign is motivated by frustration at continuing success and rising valuations of ADAG," he adds.
Reliance Power is awaiting the approval of the market regulator SEBI for the IPO, he says.
The company plans to sell a 10.1% stake through the IPO, which is estimated to raise US$2.8bn, making it India's biggest IPO ever. However in the past few days, there have been reports and market rumours that the issue may get postponed amid opposition from several quarters.
A financial newspaper reported on Oct. 20 that the Minis Read more:threat
Religare Enterprises Limited IPO : Invest at cut-off 2007-10-29 10:43:00 Public Issue Open : October 29, 2007 to November 01, 2007 Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )Public Issue Size: 75,76,102 Equity Shares of Rs. 10/- Shares Face Value: Rs.10 Price Band: Rs.44 – Rs.52 Rs. 160/- to Rs. 185/- Per Equity ShareMarket Lot: 35 shares Minimum Quantity: 35 shares Website : http://www.religare.in/
Recommandations:
Moneycontrol Rating 4 star The Hindu Businessline - Invest at Cutoff Economic Times - 3 Star rating Dalal street.com - Invest at Cutoff Read more:Enterprises
Why we read Bhagawat Geeta.... 2007-10-25 10:53:00 Why do we read Geeta
, even if we can't understand a Sanskrit word??? Story: An old Farmer lived on a farm in the mountains with his young grandson. Each morning Grandpa was up early sitting at the kitchen table reading his Bhagavat Geeta. His grandson wanted to be just like him and tried to imitate him in every way he could. One day the grandson asked, "Grandpa! I try to read the Bhagavat Geeta just like you but I don't understand it, and what I do understand I forget as soon as I close the book. What good does reading the Bhagavat Geeta do?" The Grandfather quietly turned from putting coal in the stove and replied, "Take this coal basket down to the river and bring me back a basket of water." The boy did as he was told, but all the water leaked out before he got back to the house. The grandfather laughed and said, "You'll have to move a little faster next time," and sent him back to the river with the basket to try again. This time the boy ran faster, but again the baske
Dhirubhai - Dhirajlal Hirachand Ambani 2007-11-11 10:38:00 Founder Chairman, Reliance Industries Limited, India
[December 28, 1932 - July 6, 2002]
Reliance was founded as a textile mill in 1966 by Dhirubhai H. Ambani
, the founder Chairman of the Reliance group. It continued to be a textile company until the early eighties.
Reliance later started seizing opportunities thrown up by a combination of the growing Indian economy and the opening up of the regulation-driven sectors of the economy. These included petrochemicals and plastics. Beginning with the early eighties, Reliance pursued a policy of backward integration from textiles as well as diversification. It set up world-scale facilities for manufacturing polyester and textile intermediates, plastics and polymer intermediates, detergent intermediates, etc.
Career:
At the age of 17 went to Aden (now part of Yemen) and worked for A. Besse & Co. Ltd., the sole selling distributor of Shell products.
In the year 1958 returned to Mumbai and started his first company, Reliance Commercial Cor
Happy Diwali 2007-11-09 07:41:00 Happy and Prosporous Diwali to you and your family. Read more:Happy
The Jai Corp Story 2007-11-08 08:40:00 All lights fall on Mukesh Ambani’s backroom boy Anand Jain who now leads a big infrastructure rollout from the front.BAIJU KALESH, In the Ambani versus Ambani drama, a man from the margins is now hogging the script. Anand Jain of Jai Corp Ltd has launched himself from the shadow-boxing between the two brothers to the brightly-lit corporate proscenium. Jain, Mukesh Ambani’s school friend from third standard and trusted financial advisor, has seen his fortune taking shape through the cut and thrust of the biggest corporate joust of the country. Jain’s company — Rs 350-crore Jai Corp — shot into limelight last week after it sold shares worth Rs 2,200 crore to a clutch of foreign financial investors. Jain’s family sold 12.6 per cent (2.9 crore shares) of its 87.6 per cent stake at Rs 1,035 a share. Jai Corp stock skyrocketed to astronomical levels of Rs 20,000 from Rs 9,000 in a fortnight, stunning many retail investors who had sold their shares two years ago for a measly Rs 60
Lakshmi Mittal is the richest Indian at $51 billion 2007-11-17 01:02:00 These are heady times for India's richest. Thanks to a roaring Mumbai stock market, with a benchmark index up 53% in the past year, and a strong rupee that appreciated 12%, for the first time, all India rich-listers are billion
aires. In aggregate, their wealth surged to $351 billion, a bit more than double last year's $170 billion, making India's 40 by far the wealthiest such group in all of Asia.
The four richest Indians are worth an astonishing $180 billion. Steel tycoon Lakshmi
Mittal, who lives in London, is No. 1 again, worth $51 billion, but Mukesh Ambani, whose Reliance Industries is India's most valuable company, is quickly closing the gap. His net worth jumped $30.5 billion to $49 billion, making him the year's biggest gainer. His estranged brother Anil is close on his heels, up $30.2 billion to $45 billion.
Kushal Pal Singh, worth $35 billion after the listing of his flagship DLF, is now the world's richest real estate developer. Had these four been worth as much i
Yeh Sub-Prime Shub-Prime Kya Hai 2007-11-19 08:52:00 You know a word has entered into the popular lexicon when they leave the preserves of blue chip investment banking offices and become the stuff that people in the Mumbai local train discuss. Suddenly news and television headlines are screaming "sub-prime" at us and everything from inflation downwards is blamed on this phenomenon.
So what is the sub-prime mortgage issue about, and what exactly happened in the US? Will India ever face a similar situation?
What is a sub-prime mortgage?
A sub-prime mortgage is a loan offered by a lender to a borrower with a poor credit history (meaning he has defaulted on his financial commitments in the past) against the security of his house property. Such borrowers are called sub-prime borrowers. Since the risk of default is high, these loans are offered at relatively higher interest rates compared to loans offered to people with an impeccable repayment track record. However these sub-prime mortgage loans are relatively much cheaper than completely uns
Mundra Port & SEZ Ltd - Buy and Hold for one year 2007-11-28 09:42:00 Sector : InfrastructureCMP : Rs. 89452 Weeks High : Rs. 115052 Weeks Low : Rs. 440Best Buy @ below Rs.850My targets are - Target 1- 1150Target 2- 1500 (In Half Year)Target 3- 2000 (In One Year)Risk : Low About the Company
Mundra Port is Adani Group promoted company. It has exclusive right to develop and operate Mundra Port (a leading sea port located in Kutch, Gujarat) and related facilities for 30 years, starting from February 17, 2001. Mundra Port provides port services for bulk cargo, container cargo, crude oil cargo and other value-added port services including railway services.
Adani Group is a diversified group with around Rs.16000 crore turnover. Adani Group is involve in businesses like commodities trading, coal mining, power trading, power generation, real estate development, agro processing and logistics, shipping and port operations.
In 2006 Mundra Port received approval as a developer of a multi-product SEZ at Mundra and the surrounding areas, which will be the first port b
Income Tax Refunds of Previous Years 2008-03-04 10:46:00 The Income
Tax Department has put on its website the list of income tax refunds of all salary tax payers which could not be sent to the concerned persons for want of correct address. Salary taxpayers who have not received refunds for assessment years 2003-04 to 2006-07 can click on the link below and query using the PAN number and assessment year whether any refund due to them has been returned undelivered from the menu ‘Undelivered Salary Refund Management System'. If any refund has been returned undelivered due to change in address, then the taxpayer can enter the present address and the refund will be sent to the taxpayer at the new address. The link to the website is as under: Pass this to your friends - this could be of great help / use to them. Read more:Refunds
, Years
, Income Tax
Google Search 2008-03-02 22:13:00 Now a days every one who uses internet knows about google search. Doing a search on Google
is easy. Simply type one or more search terms (the words or phrase that best describe the information you want to find) into the search box and hit the 'Enter' key or click on the Google Search
button. Google also provides a lot of extra features which will be very useful and lot of people donot know these finer details. Below is a list of those useful features that i compiled from google site.
Who Links To You?
Some words, when followed by a colon, have special meanings to Google. One such word for Google is the link: operator. The query link:siteURL shows you pages that point to that URL. For example, link:www.google.com will show you pages that point to Google's home page. You cannot combine a li Read more:Google Search
Recommend Site To A Friend
