06 Sep 09 OIL India IPO Details
OIL INDIA LIMITED is coming out with an IPO which opens for subscription on Sep 07, 2009. The IPO issue size is 26449982 equity shares each having a face value of Rs. 10. All OIL India IPO Details such as the IPO Allotment Status, OIL India IPO Listing Date and IPO subscription details will be updated here. So do keep checking this space often to keep your self abreast of all OIL India IPO Details.
23 Aug 09 Theory of Reflexivity : George Soros
George Soros, who is popularly known as the man who broke the Bank of England and as the man who was responsible for a large number of stock market and currency market crashes (including the asian currency crisis) had operated by focusing heavily on the theory of reflexivity. The theory of reflexivity is very interesting and helps investors and speculators in identifying phases of market disequilibrium and helps him/her profit from such phases of market disequilibrium. The theory of reflexivity acts in sharp contrast to the Efficient Market Theory which states that the market is perfect and the stock prices will discount/factor-in all known and unknown (insider) information. The theory of reflexivity states that any significant events / developments can disrupt the market equilibrium and the market becomes a victim of irrational exuburence. When there is a bad news people start selling and hence prices tumble. Looking at the stock prices tumbling, people start selling more because of fear, stock prices fall further and the viscious circle continues. Similarly, when there is a good news stock prices increase. People become excited, buy more stock and the stock prices rise even further and thus the chain continues. This is where a rational economic man / value investor would identify the opportunity. Though stock prices might temporarily behave irrationally, research has proved that over the long term, stock prices reflect a company’s performance. Hence it is important that an investor enters the market and takes positions when the market is in disequilibrium and waits patiently for the markets to return to their equilibrium state and then reverse the positions taken. Possible causes of inequilibrium are favourable or unfavourable political development (SUN TV/RAJ TV scrips after the DMK-Marans family feud), corporate announcements (bonus, stock split, rights issue, new orders and so on). In such cases stock prices may move irrationally because of reflexivity.
16 Jul 09 Earn respect with small cap stocks
The situation when microcap stock picks outperform the S&P 500 is not an extraordinary one but still many market pundits strongly support big cap blue chips investing oportunities as they claim that these companies do have a reputable basis and secured assets protected by the customary and company law.
But if we take a look at the most world-known companies like Microsoft, AT&T, AOL and other we may find some interesting facts in the history of their development. The period of their growth was not always a brillint one and they faced challenges and suffered drawbacks as well as other issues. But nevertheless the investors have never been dissapointed and the most amazing thing is that all the shares of the companies mentioned above were small cap stocks at the very beginning.
You see, there have always been risky but reasonable investments in young perspective companies and ventures. To gain profit and deserve respect you must not just be financially educated in the sphere of investments but also have this, let’s say the sixth sense which in its turn is based on a careful markets inspection and foreseeing the tendencies.
10 Jun 09 Bank of Japan keeps interest rates unchanged
The Bank of Japan kept interest rates unchanged for a second month after consumer prices fell and recent data signaled US economic growth may slow. Governor Toshihiko Fukui and his policy board colleagues voted unanimously to hold the key overnight lending rate at 0.5%, the lowest among major economies, the bank said in a statement today in Tokyo.
20 May 09 Best Stock Market and Investing Books
The following books are a “must read” for those investing or trading in the stock markets. These books contain valuable lessons which will both help minimise risk as well as increase returns. If I’ve left out any book do add it as a comment. (Books listed in a random order)
| Name Of The Book | Author / Publisher |
| Drummond Geometry | Charles Drummond |
| Elliot Wave Theory for Short Term and Intraday Trading | Stephen Poser |
| Intelligent Investor | Benjamin Graham |
| The Day Trader’s Bible | Richard D. Wyckoff |
| How To Think Like Benjamin Graham and Invest like Warren Buffett | Mcgraw-Hill |
| Swing Trading | Oliver Velez |
| Elliott Wave Principle | Robert Prechter |
| Reminiscences of a Stock Operator | Edwin LeFevre |
| Entire “Rich Dad Poor Dad” Series | Robert T. Kiyosaki |
25 Apr 09 FirstPlus faces fierce criticism
Secured lender Firstplus, which has the television star Carol Vorderman advertising its loan products in glossy television advertisements, has been criticised over a loan offer that it has recently launched, which critics have described as a debt trap. The recently launched loan offers a discounted rate of interest for ninety days, enticing cash-strapped consumers to take out finance. However, after the ninety day period the interest rate on the loan nearly doubles, which means that consumers will be left having to pay huge sums of interest on their borrowing, having been drawn in by an initially enticing rate for just a short period of time.
The secured loan is only available to homeowners, as the finance is secured against the home. The initial interest rate that is offered to consumers starts at 4.9%. However, this is for ninety days only, and after this initial period the typical APR leaps to 8.5%. The minimum term of the personal loan is five years, and many consumers with less than perfect credit could end up paying a way higher rate than the typical 8.5% advertised.
The timing of the loan offer has also been slated, as it comes at a time when consumer debt levels are high, credit conditions are tight, and many lenders are reining in their lending. One official from the consumer campaign group Which? stated: ‘The initial rate is low enough to attract borrowers desperate for credit and who may be struggling to find it elsewhere. Yet 90 days offers negligible benefits and many people may not understand fully that the rate will soar in a very short time. This is a debt trap.’
Officials from the lender, FirstPlus, responded by stating: ‘Consumers don’t have many options at the moment and we are responding to this.’
28 Mar 09 Borrowers continue to try and transfer balances
The global credit crunch that has been affecting the UK’s financial markets has been making financial headlines since last summer, having wreaked havoc in all areas of the financial sector, including credit cards. However, despite the worsening credit crunch, which has deeply impacted on the availability of finance for consumers, it appears that many consumers are still falling over themselves in order to try and get a 0% balance transfer card onto which to transfer debts of high interest credit cards.
A recent report suggested that many 0% balance transfers no longer offered capped rates on their transfer fees, but this does not appear to have put consumers off, with nearly three quarters of a million cardholders trying to transfer a collective £1.1 billion every month. These figures are despite the fact that many credit card providers have tightened up on their lending criteria, and according to some industry officials around half a million consumers have a credit card application rejected every month in the UK.
The data suggests that many consumers are still facing crippling repayments on high interest debts, such as balances on expensive credit cards, and whilst many are flocking to try and transfer their balances on to 0% credit cards, thus benefiting from the opportunity to save a small fortune in interest on their debt, many will find that the increasingly stringent criteria in place from lenders will ruin their chances of being able to make this saving.
One industry official stated: ‘There is a significant market for cards offering balance transfers as our research indicates that 40% of card holders think it will take longer than one month to clear their current balance.’
04 Mar 09 Andrew Wilshire’s Commodity Newsletter
Are you into commodity trading? Make sure you subscribe to Andrew Wilshire’s Commodity Newsletter. Andrew Wilshire, a former employee with the Beddows Commodities Inc, where he managed the portfolio’s of large institutional clients like Paul Tudor Jones-Tudor Fund, has now come up with his own commodity newsletter. Andrew Wilshire’s recommendations and investment ideas can be tracked through his google group.
03 Feb 09 Job Offer : Executive Assistant – Real Estate Investment Bank
A leading Real Estate Consulting company requires an Executive Assistant for their senior management. The job will be based out of their Bandra office in Mumbai. Excellent remuneration package is offered along with an assured chance for career advancement since the Investment Bank is at the cutting edge in Real Estate Market Research. If interested kindly email your resume clearly mentioning your academic qualifications, previous work experience and your achievements to info@bullishindian.com
Job Requirements
Young, aggressive with efficient IT & Communication skills
Must be internet saavy and should be able to search effectively on the internet for various research related data.
Ability to meet deadlines
Mumbai candidates preferred
06 Jan 09 Minglebox gets Venture Capital Funding
Leading Indian social networking website minglebox has received venture capital funding of $7 million from venture capital firm Sequoia Capital. Minglebox will use the funds for technology innovation, extensive product development and expansion of market reach.
22 Dec 08 How long will the Recession Last?
Before we start debating on when this economic recession is likely to end, we need to understand that historically an economic recession follows a period of 6 to 10 years of economic boom. Economic recessions usually last anywhere between 1 to 3 years. Keeping this in mind, it seems likely that we are only in the early stages yet and hence we can expect at least 6 to 12 more months of economic recession in India. Though, it is impossible to accurately estimate when the current recession in India will come to an end, certain indicators are likely to indicate the end of the recession a month or two before it happens. The main indicator to look for would be the performance of the US economy. History stands testimony to the fact that, during a global economic recession, economic superpowers such as the US and the UK are likely to come out of the recession at least a quarter or two before developing countries such as India and China do.
11 Nov 08 Sundaram BNP Paribas Security Services
In an announcement made with the stock exchanges in the recent past, Sundaram Finance has said that a subsidiary of the company, Sundaram Business Services Ltd has signed an agreement to join hands with BNP Paribas Securities Services of France, in a bid to jointly provide top class security services in India. Sundaram BNP Paribas Security Services, the new company will start operations, by the next financial year.
18 Oct 08 Good Time to Buy?
The kind of fall that the Indian stock markets have witnessed over the past few months has been unprecedented. I’m sure that there are a lot of investors at the moment wondering if this is the right time to start buying quality stocks. In my opinion, it is better to wait until the market bottoms out completely, which in my opinion will happen around December. As they say, never catch a falling knife. I think the stock markets around the world are nearing the bottom and individual stocks have already started bottoming out. Hence those investing on a long term perspective can start buying small quantities of shares in blue chip companies which are available in pretty good valuations at the moment.
21 Sep 08 NSE Currency Derivatives – FX Market Tracker
NSE had launched Currency Derivatives a few years back and it has taken off it a big manner in the recent past. It has now come out with the FX Market Tracker which would help traders trading in the rupee dollar forex market to keep themselves updated with the price and other details of the various derivative contract for the rupee dollar underlying contract. This is a welcome move from NSE and traders are likely to benefit from this move.
28 Aug 08 Liver enzymes
Liver is one of the most important organs in our body. The main enzymes produced by the liver are Transaminases and Cholestatic Liver Enzymes. Generally high level of any of these enzymes continuously for a long period of time indicates an illness. If the Transaminases is found in higher proportions then it could be viral hepatitis, heart failure, genetic liver disease etc. Sometimes even strenuous exercise can cause this.
On the other hand higher levels of Cholestatic Liver Enzymes could indicate alcoholic liver disease, gall stones, liver tumors, drug induced liver disease and so on. Consuming excessive alcohol is very harmful to the liver. It causes enzyme imbalance in addition to spoiling the liver. So the overall health of the person starts deteriorating. That is why doctors advise alcohol avoidance in case of liver or heart problems.
Taking an enzyme supplement like Medizym will definitely be helpful to people having such problems. In general it is a very good habit to have healthy eating habits. Reducing alcohol intake and avoiding smoking can go a long way in keeping you healthy. As it is said prevention is always better than cure as the cure comes in only after suffering the disease for some time.
