Categories
Links

Linkfest: December 26, 2017

Some stuff I am reading today morning:

10 Santa Stock Picks (MC)

Indigo first Indian carrier to operate 1000 daily flights (Mint)

Inside the McDonalds-Vikram Bakshi controversy (Mint)

FPI’s net outflow in Equities in Dec at 7300 Cr (Quint)

WhatsApp encryption foils massive SEBI investigation (Rediff)

Stock Talk: BCL Industries (RJ)

Hard and Harder (Muthu)

The pivotal mistakes that cripple family wealth (Alan)

Yes,Virginia, there is a “Santa Rally” (Zero Hedge)

Leon Levy on Investor Psychology (Acquirers Multiple)

Categories
Excerpts Observations

Bharat Mala: Second Level Thinking

While India’s ambitious Roads program has Road EPC Companies as direct beneficiaries, there are many other sectors and companies that will also benefit.

Source: Annual Report 2017 of Sheela Foam Ltd

Categories
TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked items on Alpha Ideas this week:

The Curious Case of Canfin Homes (AI)

Charlie Munger on India (AI)

The ‘Free Lunch’ Portfolio (Mohnish Pabrai)

Madness in Manappuram Finance (AI)

Stock Talk: Deepak Nitrite (Dolly’s Best Picks)

The Maruti Story (AI)

Mandhana Retail: Visual Deception (AI)

Money Making Idea: Buying when Private Equity wants to sell (Nooresh)

Chart:The Big Large Cap Disconnect (AI)

Jyoti Structures:Keeping investors in the dark (AI)

Categories
Tweets

The Irony

Categories
Excerpts

Madness in Manappuram Finance

Source: Exchange Filings of Manappuram Finance Ltd

Manappuram Finance Limited has informed the Exchange that The Management of Manappuram Finance Limited reiterates there is no truth in recent stories of a speculative nature appearing in the media to the effect that the company’s promoter, Mr. V.P. Nandakumar, is looking to sell his stake in the company or is on the verge of doing so.

This statement is being released in the specific context of a news report telecast by the television channel ET NOW on 21 December 2017 mentioning HDFC Bank, Edelweiss and IDFC Bank as being in the fray to acquire the company.

No prices for guessing what happened to the stock price yesterday when ET Now “broke” this “news”