Author: Raoji

Categories
Links

Linkfest:April 17, 2013

Some stuff I am reading today morning:

Indian education is useless (BusinessLine)

Theme park in Lonavla (Firstpost)

7 Sins that are costing you money (ET)

IMF:Indian economy has bottomed out (Mint)

When lender misplaces property agreement (BS)

When simplicity is the solution (WSJ)

Sugar:Letting the invisible hand work (AjayShah)

To avoid the biggest investing mistake, stay strong (NYTimes)

The Central Bank dog ate my homework (InvesingCaffeine)

Wily 22 year olds force Morgan Stanley’s hand (Dealbreaker)

Categories
ForecastingFolly

Forecasting Folly:Cox & Kings

This post is in continuation of my forecasting folly series (see here)

On March 31, 2012, Dalal Street’s finest at ICICI Direct put out a buy call on Cox & Kings.The then prevailing price was around 163 Rs and the target price given was Rs.195 (implying an upside of around 20%).

By Nov 16, 2012, the price of Cox&Kings had fallen to around 140 Rs.The good folks at ICICI Direct maintained their buy call and revised the target price to 170 Rs

Now exactly 4 months later, on April 16, 2013 ,Cox&Kings closed at 126 Rs.This is around 36% below the original target price.

Forecasting folly, anyone?

Categories
5Stocks

5 Stocks that rose by 50% in the first half of April 2013

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

5 Stocks that rose by 50% in the first half of April 2013 is given below:

Symbol Close on 28 March, 2013 Close on 15 April, 2013 Gain
TULIP 8.7 13.1 50.57%
HOTELRUGBY 4.4 6.7 52.27%
KBIL 752 1200 59.57%
TRICOM 1.5 2.5 66.67%
DELTACORP 41.1 73.95 79.93%
Categories
InvestorPresentations

Investor Presentation:DCB Bank Q4 FY 2013

This post is in continuation of my Investor Presentations series (see here)

[gview file=”https://alphaideas.in/wp-content/uploads/2013/04/Investor_Presentation_Q4_FY2012-13_12-April-2013.pdf”]

Categories
Gold Video

Gold Plummets:Big Institutions Pushing Gold Down ?