Author: Raoji
Linkfest:Dec 14, 2012
Some stuff that I am reading today morning:
Ratan Tata, the gentle giant (BusinessLine)
Land prices expected to rise due to Land Acquisition Bill (FE)
Is Bajaj Electricals the next consumption play ? (Mint)
One nation, one number from Feb (BS)
The Roman agent in Gujarat (Mediacrooks)
The McDonald India listing shenanigans (JSAlphaa)
Phillips Carbon Black goes in the red (NeerajMarathe)
The market is not a math problem (AdamGrimes)
What should you do with $$$ (Climateer)
17 Big Surprises that could rock the market in 2013 (BusinessInsider)
Desi sells startup within 2 days of launch for $176 Million (BusinessInsider)
Forecating Folly:Gokul Refoils
This post is in continuation of my Forecasting Folly series (see here)
On 7th March, 2011, Dalal Street’s finest at Sunidhi Securities came out with a research report on Gokul Refoils.
The then prevailing price was Rs.98, a target price of Rs.125 was assigned to the stock.
Fast forward, 18 months later, Gokul is languishing at around Rs.44 (today’s price).
This is one third of the target price and half of the then prevailing price.
Forecasting folly, anyone?
Linkfest:Dec 13,2012
Some stuff that I am reading today morning:
SEBI puzzled at 60000 Crore worth of IPOs not hitting the market (BusinessLine)
Is Modi better at marketing than Coca Cola ? (ET)
Berkshire buys 1.2 Billion $ in stock from a single investor (FE)
Brokerage fees touch a new low (Mint)
Who saved Dhoni? (MumbaiMirror)
PFC tax free bonds review (OneMint)
Stay hungry, stay foolish, start up !! (Rodinhoods)
Goldilocks diversification (RPSeaWright)
How corruption is strangling US innovation (HBR)
Biggest opportunity will be shorting the bond market:Ray Dalio (CNBC)