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TRUETALK
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07 Aug 2008 18:50
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A large Hedge Fund, after having made a killing in the trading in Crude, has reverted to some other field. Soon more and more Hedge Funds would quit \\`Crude Market, and enter \\`Some Other Entity\\`. What is that \\`some other thing\\` is not known May be it is \\`Bond Market\\` or partially in \\`Bond Market\\` and partially in \\`Equity Market\\`. FII\\`s are trying to pre-empt. All the so called \\`Self Proclaimed Analysts\\` on the CNBC and elsewhere in the media are trying to discourage \\`Public-Investor Participation\\` by still painting a dismal picture - \\`It is a Bear Rally\\` \\`Index will come down to 8200 or 9000\\` etc. etc. so that they are able to pick up stocks at attractive valuations. Once they have picked up they would then cry hoarse and say \\`Bull Market\\` is here to stay. Public participation would then come at around 18000-19000, when these guys would unload. JAGO INVESTOR JAGO. Don\\`t get befooled. Stocks are available at attractive valuations. Start select buying. You should pre-empt others raher than others pre-empting you.
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07 Aug 2008 18:31
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It was highly unprofessional on the part of CNBC through its news editor Ms. Latha Venkatesh to have earlier announced that the news regarding inflation figure had been leaked, as it usually gets leaked, that the inflation for the week ended July 26, 2008 was higher at 12.11% as against CNBC\\\\`s estimates of 12.01%.
It was also unethical as it accused those dealing with the numbers regarding inflation of \\\\`leaking\\\\` the numbers. Not only this, Ms. Latha even went on to say \\\\`numbers regarding inflation have been leaked as they usually are leaked .....\\\\`.
Both CNBC and Ms. Latha Venkatesh owe an unconditional apology to the CNBC viewers on the T.V. channel itself as also in the Economic Times if CNBC does not want its credibility lost.
We, the viewers of CNBC are firming up our opinion that CNBC\\\\`s views are motivated. ...
It was also unethical as it accused those dealing with the numbers regarding inflation of \\\\`leaking\\\\` the numbers. Not only this, Ms. Latha even went on to say \\\\`numbers regarding inflation have been leaked as they usually are leaked .....\\\\`.
Both CNBC and Ms. Latha Venkatesh owe an unconditional apology to the CNBC viewers on the T.V. channel itself as also in the Economic Times if CNBC does not want its credibility lost.
We, the viewers of CNBC are firming up our opinion that CNBC\\\\`s views are motivated. ...
31 Jul 2008 12:48
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You are absolutely right. It had commanded a price of 380 prior to the split which is equal to 72 post split. The management considers it to be a 'closely held company' owned by its kith and kin not realising that the public has interests in it, and, therefore, the management is answerable to the share holders. It is a cardinal principle of good corporate governance that the management shares pluses and minuses of the company with the shareholders.
It is this aspect which distinguishes a good company from a bad company and that is what determines its PE multiple....
It is this aspect which distinguishes a good company from a bad company and that is what determines its PE multiple....
31 Jul 2008 06:35
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