Author: Raoji

Categories
Links

Weekend Mega Linkfest:June 06,2014

Some off beat reads for the weekend:

How to become an Oligarch (SimonJohnson)

Why you should worry more about your profile picture (NYMag)

Why Reliance wasn’t the biggest problem at Network 18 (Caravan)

Deconstructing the collapse of Sahara (ForbesIndia)

The last Court legend (Tehelka)

Ajit Doval-The Chanakya in the team (IDR)

I sold my startup for $25.5 Million.Here’s how I did it (Slate)

Mao & Forever (ForeignAffairs)

Amazon Women:Is there truth behind the myth? (Smithsonian)

In Pictures:Dr.Subramaniam Swamy doing things (UnrealTimes)

Auto Review:Mitsubishi Pajero Sport (TeamBHP)

How to find the person behind an email address (Labnol)

Who wants to shoot an elephant? (GQ)

The Neck: The other side of the face (ParisReview)

Will Modi repeat Sabarmati truimph with Ganga,Yamuna? (NitiCentral)

Categories
Market Making

ICICI Pru Life Shares

The Insurance Sector is in the news today as the Govt. plans to increase the FDI limit in insurance from 26% to 49%

The leader in the Private Insurance space is ICICI Pru Life.Some salient features of the company:

  • Largest private insurer in India
  • 18.9% market share in private insurance space and 7.2% overall
  • PAT of 15.6 Billion Rupees
  • Earnings Per share-10.96 Rs/Share
  • Dividend of 7.65 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

The Annual Report of the Insurer can be downloaded from here.

I am market making in ICICI Pru and if anyone wants to buy/sell ICICI Pru, please email me at Alpha Ideas

Categories
Interview

Cuban on Investing:Diversification is for Idiots

Categories
Cartoon

All Shhtocks go up !

Categories
Links

Linkfest:June 06,2014

Some stuff I am reading today morning:

SEBI uncovers major insider trading case in shares of L&T Finance (FE)

Govt to raise FDI limit in insurance (BS)

Investor interest in power revives (Mint)

Latest fixed deposit rates in India (MyInvestmentIdeas)

Huge Difference in having an opinion and having a position (AllStarCharts)

Perma Arguments (WealthOfCommonSense)

Fact,Fiction and Momentum Investing (OptimalMomentum)

Modi is about to make Pierre Omdiyar a lot richer (Pando)

Someone still believes in Steve Cohen (Dealbreaker)

Time (and Money) in a Cell Phone (BillGross)