Categories
Banks Sellside Research

Relative Bank Valuations

Source: Ambit

BankValuations

Categories
ForecastingFolly

Forecasting Folly:CLSA Edition

Circa one year back on September 4,2014

Economic Times carries an article headlined “CLSA picks top four midcap stocks which can give up to 21% return in 1 year”

It helpfully puts out the following table for the benefit of its readers:

Now first forward to today i.e. September 3,2015.Interesting to see current prices now with respect to the targets given:

Company Name Target (Rs) CMP (Rs)
Tata Communications 450 383.4
Voltas 292 258.65
Phoenix Mills 390 327.8
Motherson Sumi 410 295.1
As on September 2,2015

 

Forecasting Folly, anyone?

Categories
Cartoon

That Sucking Sound

Categories
Links

Linkfest:September 03, 2015

Some stuff I am reading today morning:

Builders in trouble (FE)

Debt funds hit the reality of losses (VRO)

‘4G Challenge’ proves to be tough for Bharti Airtel (BS)

HDFC Research:Buy Sanghi Industries (MyIris)

List of highly indebted companies in the Indian stock market (Profitalyzer)

Most popular research paper suggests you be in cash (Bloomberg)

When stocks plunge (Motley Fool)

How market volatility affects our brains (Alpha Architect)

The lessons in a correction (Swedroe)

20% of Stanley Druckenmiller’s portfolio is now in gold (DR)