Categories
Links

Weekend Mega Linkfest: 24 August, 2018

Some off beat reads for the weekend:

The untold story of Notpetya, the most devastating cyberattack in History (Wired)

Putin’s terrifying  new weapon of War (News AU)

Has BDS transformed the Israeli-Palestine debate? (Guardian)

The true story of Victoria and Abdul (Smithsonian)

The inescapable weight of my $ 100,000 student debt (Guardian)

Donald Trump’s Mafia mindset (Atlantic)

Beyond Kashmir (Shashi Tharoor)

Kerala Floods: Ecological Lessons (Open)

Indian cooking a You Tube Hit (New Yorker)

Mountaineering: Scaling K2 (Dawn)

India’s first Hebrew Newspaper (Madras Courier)

Editing Vidia Naipaul (Granta)

Dilli Dur Ast (Gossip Guru)

Tale of a Total Loss Claim (Team BHP)

Jirang: The Tibet of Odisha (Team BHP)

Categories
Observations

DCW: Price Bada Balwan

Hat Tip: P Shah

Yesterday, DCW had a market moving announcement related to an export order as seen below:

This announcement was broadcast on NSE at around 3:20 pm as seen below:

The announcement was broadcast on BSE at 3:22 pm as seen below:

But the stock price saw a steep jump at around 11:00 am and again at 2:30 pm….well in advance of the Exchange Announcements

Source: Money Control


What should we call this?

Clairvoyance of the markets or something else?

Categories
Links

Linkfest: 24 August, 2018

Some stuff I am reading today morning:

L&T AGM: A M Naik asks security to throw out shareholders (BL)

SEBI Chief on Mutual Funds (MC)

Jaitley returns to North Block (Fortune)

Mutual Funds-What can go wrong? (Subramoney)

The man who triggered a $10 Billion Commodity Collapse (FE)

Ownership & Succession of HUF Assets (Simple Tax)

How women in Rural India turned courage into capital (TED)

Accruals Momentum as an investment strategy (Alpha Architect)

VC Professionals strike out on their own (Mint)

First Mover Disadvantage (A VC)

 

Categories
SME

A1-Acid : A1 Org Structure

Source: DRHP Filings of A1-Acid Ltd

Amusing to see that the Company coming for an IPO has only 8 employees and that too casual and temporary in nature.

Interesting to see that 2/3rds of the Salary cost is for Director’s remuneration

Employees may be casual and temporary but Director’s Salaries aren’t !

Categories
Excerpts

Private Vs Public

Source: Aswath Damodaran