The piece by Dhanashri Rane on Stock Market Golden Rules is OK;but she has missed out on how to escape without a scratch when the impres sive accounts are fudged i.e., to escape the fraudsters' net like that of Ramalinga Raju?
Be safe while investing . My value pick is HB portfolio Ltd. As per annual report 2010 company has Cash & Bank Balances more that 14 crores(Precisely Rs 140643338) on consolidated balance sheet . You can access annual report from company's website. So effective market cap after reducing cash is 36 cr. Company does not have any debt .Can you imaging how much stocks and mutual fund unit this company hold ? As on 31st march 2010 value of stock portfolio is 185 cr (Rs 185,13,13,967) and mutual fund units of 10 crores (Rs 9,98,89,044) . Company is also having unquoted investment worth 39.29 crores (Rs 392897303) in associates companies at book value .
So company has total investment Stock(185) MF(10 ) Unquoted(39) = 234 crores. and company is also having Net Current Asset around 47 crores (including 14cr cash) on consolidated balance sheet . So on market cap of 60, we are getting company ,which has investment 234 Net Current Asset 47 = 271 crores and fixed asset extra.
Re: Hi
by ravi on Nov 20, 2010 12:39 PM
NOTHING IS SAFE PROOF AND SECURE PROOF IN STOCK MARKET. THE ONLY WAY OUT IS TO BUY FUNDAMENTALLY GOOD SCRIPS ONLY IN CASH WHEN MARKET DECLINES AND SELL THEM WHEN THEY GO UP. GUD LUCK
suman, i think no rule no guideline,no speculation are unable to repair the world market as well as indian market.so i will tell my friends plz. make a safe distance from market,invest ur.money in proper time.
The panic curve is excellent and perfect for almost all small time retail investors. Not that all cycles go through all the stages, but keeping emotion under control is the key.
