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Broker Evaluation
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Linkfest: September 04,2015
Some stuff I am reading today morning:
3 Cheers for Dharmendra Pradhan,Oil Reforms Hero (Firstpost)
India rate cut becoming a question of when not if (Bloomberg)
RBI’s new rules will cause banks to take 20,000 Crore hit (BS)
B2C Definition can roil eCommerce firms (Mint)
MCX:Out of the Jignesh Shah shadow (Forbes)
Karvy Research:Nandan Denim (RJ)
8 Questions to ask before you buy a stock (VR)
3 Thumb Rules that work in retirement (Subramoney)
All about Senior Citizen’s Saving Scheme (ApnaPlan)
Mining Twitter for market signals (FT)
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Relative Bank Valuations
Source: Ambit
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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
That Sucking Sound
