Source:Safir
Source:Safir
Author: Raoji
Well that was shit advice. Jim Rogers, 2010. pic.twitter.com/fqTaqAyDgy
— Jonathan Algar (@jonathanalgar) September 9, 2015
Forecasting Folly,anyone ?
Categories
Linkfest:September 10,2015
Some stuff I am reading today morning:
Piramal likely to buy IL&FS (ET)
Nifty back to 6000-6400! In Dollar terms (Nooresh)
Volatile markets spell trouble for IPO pipeline (Mint)
Lessons for investors in the turnaround story of Bata India (Beyond Proxy)
Could payment banks eat private banks’ CASA lunch? (Prof Varma)
Sovereign Gold Bond Scheme explained (Capital Mind)
Bose Committee on mis-selling financial products (Ajay Shah)
Prabhudas Lilladher Research:IDFC (MyIris)
Great Stocks Vs Great Businesses (Daily Reckoning)
Setting aside shame and blame in financial decisions (NYTimes)
The leader in the Private Life Insurance space is ICICI Pru Life.Some salient features of the company:
- Largest private insurer in India
- 23% market share in private insurance space and 11.3% overall
- PAT of 16.34 Billion Rupees-higher than that of LIC
- Earnings Per share-11.43 Rs/Share
- Book Value of 36.79 Rs/share
- Dividend of 5.85 Rs/Share
- 99.78% shares are held by promoters and 0.22% shares are held by employees
- Last Employee Stock Option Scheme (“ESOS”) was on April 25,2008 with an exercise price of Rs.400 per share
A limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas.