Friday, 24 June 2022

Stock Price - What is it actually?

 Legendary investor Howard Marks states:

"The price of an asset is based on fundamentals and how people view those fundamentals. And a change in the asset price is based on the change in the fundamentals and the change in how people view those fundamentals"

Source: Alpha Ideas

Tuesday, 24 May 2022

Wisdom from Aditya Khemka

A man is walking his dog on a leash from Point A to Point B. The dog keeps wandering around the man, pooping, barking, etc.

The dog keeps wandering and so does the stock price both are very difficult to predict with certainty. But in the long term the dog shall be with the man traveling from A to B. 

Most investors focus on the dog and miss out the bigger picture - The journey of the Man from A to B. Focus on the man and create wealth in the long term.

Aditya Khemka

Source: A Bajaj

Friday, 20 May 2022

Message for future Indians

There are few interviews / discussions which deserve reach of larger audiences. One such video (listed below) is a must watch for we Indians,

This is a food for thought.

Thanks Shri. Sharad Ponkshe.

Wednesday, 11 May 2022

Work from Home : Perils

Recent story (12 May 2022) featured in Financial Express stated that - "750 WhiteHat Jr employees quit over back-to-office, salary woes".

Paper quoted :

“Yes, people were asked to relocate and some chose to resign – that is a different story but 800 is a highly inflated number,” persons privy to the matter told FE. “We asked them to come back to office and some of them resigned,” they added.

The important question is:

Were this employees working with two institutions? 

This appears to be a classic case of work from home , two jobs i,e, Double income double dhamaka.

May not be all but probably a good percentage of them.

This may be a recurring news feature for few months in many of IT Companies.

Sunday, 8 May 2022

Open / Reserved Category (India) - I

This is in continuation to my earlier post (Sunday, 3rd February 2019), I analyze intake of MBBS students in Government Medical College , Thrissur. Review is for the period 2013 to 2018.

Government Medical College , Thrissur started in the year 1981.

Analysis:

Overall Open / Reserved students (numbers) with percentage

Year

R

UR

Total

R %

UR %

2013

108

41

149

72%

28%

2014

115

42

157

73%

27%

2015

86

68

154

56%

44%

2016

83

67

150

55%

45%

2017

95

55

150

63%

37%

2018

64

86

150

43%

57%

Total

551

359

910

61%

39%

R - Reserved, UR - Un Reserved, % - Percentage

R/U

C

2013

2014

2015

2016

2017

2018

T

%

UR

Gen

41

42

68

67

55

86

359

39%

R

OBC

73

83

36

20

47

2

261

29%

R

SC

13

13

14

14

14

16

84

9%

R

MU

9

2

14

25

6

13

69

8%

R

EZ

2

3

5

9

10

13

42

5%

R

ST

8

8

5

6

7

4

38

4%

R

OEC

3

4

7

4

5

4

27

3%

R

BH

2

3

3

5

13

1%

R

LC

2

2

2

3

3

12

1%

R

BX

2

2

0%

R

KU

2

2

0%

R

Al

1

1

0%

T

 

149

157

154

150

150

150

910

 

R - Reserved, UR - Un Reserved, C - Category, T - Total, % - Percentage

This is an effort to understand the reservation for general category students under Economic Weaker Sections.













Above image: Proportion of Primary Students in schools in different states.

School enrolment data indicates 45%.. (Times of India) July 30, 2021.

Note:

  • Above is not necessarily to be applicable at all Government Medical Colleges in Kerala / Other States.
  • For other institution around Kerala and in other States readers are requested to carry out their own analysis based on the data available.
  • In case of Government Medical College, Thrissur, details of students for 2013 to 2018 was available on their website.
  • The data is simple and can be analysed easily in excel spread sheet by any individual.
  • If there is any discrepancy in the above working, reader is requested to inform blog writer and necessary changes will be considered for change and introduced in post.

Sunday, 3 April 2022

Corporate Corruption / Extortion in India

IFB Agro political contributions:

Year FY 2022-23 - INR 40 Crores

Year FY 2021-22 - INR 25 Crores

Statement from the Company on 1st April 2022:

We write in continuation to our earlier letters to the Stock Exchanges wherein we have intimated about excise related issues being faced by/ affecting the Company.

The Board of Directors in its meeting dated 31st March, 2022, considered such issues and in the best interest of the company and all its stakeholders decided to approve contributions to political parties by way of subscription to the electoral bonds in one or more tranches aggregating not more than Rs 40 Crores for the financial year 2022-23. 

The above statement is related to:

On 25 June 2020, IFB Agro Industries Ltd, one of India’s biggest distiller and spirit-makers, was forced to shut down its Noorpur facility in West Bengal’s South 24 Parganas district after a group of around 150 “armed” goons attacked its employees and vandalised the plant.

IFB Profit after Tax numbers:

Year 2020-21 - INR 46 Crores

Year 2021-22 (Q1-INR 16.23 Q2-INR 21.16, Q3-INR8.59 Crores) - INR 45.98 Crores. 

This is the cost of business operation in India - West Bengal.

Sunday, 27 March 2022

Interesting Facts on India Partition

If you want to know the position prevailing during the partition and from Jinnah point of view, please watch this interview.

Must watch till the end as it has tons of information which will be fresh to many.


The only unfortunate part is the section covering Jaswant Singh and LK Advani, their belief in Jinnah as secularist is debunked. How they were also under wrong impression.

Source: Asha