Alpha Ideas has crossed Five Million Page Views.
I am grateful to you, dear readers, for patronizing the blog.Do keep the tweets,comments and suggestions coming in.
Readers will notice that I have changed the look and feel of the blog.I have made it very simple so that it is more mobile friendly.
Lots of readers read the blog via smartphones,tablets etc and this changeover will make the blog more accessible.
There is an interesting article on unlisted scrips in today’s Economic Times.
Alpha Ideas finds a mention in the article :
“Buy unlisted companies where the promoter pedigree is strong, and which have some compulsion to go public over the next two to three years,” says Nitin Rao, of alphaideas. in, a blog which spots options in the unlisted space. The promoter pedigree is something everyone pays a premium these days. “There have been several instances where companies offloaded shares to investors and just disappeared.
Experts also ask investors to pick only those companies that are closer to the IPO stage. “Many companies have compulsions from existing private equity shareholders to go public. Or they have to follow regulator guidelines to have a wider shareholder base,” says Rao.
He recommends Ratnakar Bank and BSE, which he feels have a strong pedigree and will go public in the next two to three years. Ratnakar Bank’s top management team consists of experienced bankers from foreign and private sector banks. PE funds have invested in the bank in January 2013. The bank is on an expansion spree and has merged RBS’ retail banking.
It is likely to go public soon. The BSE has allotted shares to its brokers, PE funds and other institutions, at a price of Rs 400 per share in 2007. He feels there is a high probability of it going public in the near future.
I started Alpha Ideas two years back on the auspicious day of Gudi Padwa.
Today, on Gudi Padwa, Alpha Ideas turns two.
Wish all readers a very Happy Gudi Padwa !
Taking a blog break as I will be going on vacation.Will resume blogging once I return .
Thank you for your support and patience.
I believe this personalized message was sent to every person who follows Narendra Modi on Twitter.Just goes to show how professional and savvy Namo’s team is.
