Categories
Links

Linkfest: 26 July, 2018

Some stuff I am reading today morning:

HDFC AMC IPO already fully subscribed (ET)

PMS cloners drown in the small-cap meltdown (ET)

Cement companies to pay fine of Rs.6,300 Cr (FE)

What happens if you fail to file tax returns by 31 July (MC)

The $1.5 Billion wager on Indian real estate that went wrong (BQ)

Inside Google’s shadow workforce of contract labourers (Mint)

Why Mumbai’s monorail failed (Rediff)

Ramblings on Gold (Macro Tourist)

Investment Pace (A VC)

A Collection of Seth Klarman’s Baupost Group Letters (AM)

 

Categories
SME

SaleBhai : Networking Sahi Hain

Amusing to see loss making companies getting listed on the BSE SME platform and the reasons given for their valuations.

Source: DRHP Filings of Salebhai Internet Ltd

Categories
Speeches

TTK’s Jagannathan: Boom Times Ahead

Source: Chariman’s Speech at the 62nd AGM of TTK Prestige Ltd

Categories
Chart

Chart: MF AUM to GDP

Hat Tip: Porinju Veliyath

Categories
Observations

BEL : Buy High, Sell Low

Earlier this year, Bharat Electronics Ltd did a buyback of its own shares at Rs.182.5 per share

A mere 4 months later, the Govt now intends to do an Offer For Sale when the share price is 106 Rs/share !!