Categories
Infographics

Infographic:The world according to US Investors

Hattip TRB

The world according to US investors
The world according to US investors
Categories
Links

Linkfest:July 08,2013

Some stuff that I am reading today morning:

Be prepared for yet another gloomy earnings season (Mint)

10th century Jain idols stolen from Mangalore temple (MumbaiMirror)

RCom to hive off realty assets into separate listed company (FE)

Rising rural wage may boost UPA’s chances (ET)

The Food Security Bill is stealing from our children (CapitalMind)

Snapshot of 24 PSU Banks-Dividend dynamics,stressed financials,woeful valuations (JSAlphaa)

Stocks look OK, get out of gold and bonds (TRB)

Byron Wien’s 20 rules of investing and life (BigPicture)

High Frequency trading may be about to slow down (TimHarford)

Shashi Tharoor & NDTV-Imaginary Twitter Wars (MediaCrooks)

Categories
Politics

NaMo:What is Hindutva?

Categories
Observations

A warning sign that something is rotten

While researching for my Investor Wisdom newsletter,I came across an interesting fact.

If the shareholding pattern of a company has many banks or brokerages, it implies that something rotten is happening.Banks/Brokerages become large shareholders when the company is unable to meet its debt obligations and a part of the debt is converted into equity.

Exhibit one of this phenomenon is GTL.Consider its shareholding pattern as on 31 March, 2013

Bank # of Shares %
BANK OF INDIA 5760424 3.67
ANDHRA BANK 4787185 3.05
PUNJAB NATIONAL BANK 4045570 2.58
IDBI BANK LIMITED 3317412 2.11
CANARA BANK 3296275 2.1
UNION BANK OF INDIA 2769496 1.76
DENA BANK 2741555 1.75
VIJAYA BANK 2654910 1.69
INDIAN OVERSEAS BANK 2433199 1.55
UCO BANK 1854519 1.18
BANK OF BARODA 1684550 1.07
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 1649828 1.05
INDIAN BANK 1639016 1.04

Banks altogether hold around 24.6% of the company !

Prashant made a great observation-There is not a single private bank to keep the PSU banks company !

Categories
5Stocks

5 Stocks whose buyback is currently on

This post is in continuation of my 5 Stocks Series (see here)

5 Stocks whose buyback is currently on is listed below:

  1. FDC
  2. MAHSEAMLES
  3. PANAMAPET
  4. SELAN
  5. INFINITE