Wednesday, September 05, 2012

Educomp ON HOLD


Educomp puts off expansion plans AESHA DATTA RICHA MISHRA

Going by the plans of the country’s largest digital education company, Educomp, it looks like the economic slowdown has caught up with the ‘recession-proof’ education sector.
Educomp Chairman and Managing Director Shantanu Prakash said the company, which has seven or eight major subsidiaries running a host of businesses, right from pre-schools to smart classes, plans to remain cautious with its expansion plans over the next few quarters.
“Right now, given that the cost of debt is very high, it makes no sense to launch new projects. We are continuing with our existing business plans. We find this year may be the year of consolidation for the company,” he said. Educomp, which recently raised $155 million from global investors and the International Finance Corporation, has no plans of raising more money in the near future.
“There is so much demand for education and the demand is not going anywhere. So we can be patient as well,” Prakash added.
The company, which suffered its share of controversies, including an investigation by the Ministry of Corporate Affairs in 2009 and raids by taxmen, has come under the scanner once again on the company’s corporate governance practices following a report by investment bank Espirito Santo that flagged off concerns regarding the independence of EduSmart’s auditor and the resignation of four company secretaries.
Prakash explained, “In India, when you operate a business, the regulatory agencies definitely have a right to know what is going on. And they will know. By itself, that doesn’t meant something is wrong.”
He added that the governance issues raised by Espirito Santo stand resolved.
With regard to investments by foreign institutional investors, Prakash said they currently stand at around 30 per cent. “FIIs have invested more than Indian domestic firms. However, in the last one to one-and-a-half years FII holdings have come down steeply and domestic holdings have gone up sharply. Still, FII investments are higher.”

Monday, September 03, 2012

SAHARA- SUPREME COURT VERDICT



Sahara investors: Supreme Court not convinced by name and addresses given by company

MUMBAI: Who is Kalawati? Does she exist? What's her real address? These are questions that India's highest court has pondered over to stoke an old suspicion that millions have harboured about Sahara.
''Kalawati' is a name that figures in the long list of investors who subscribed to convertible debenturesissued by the Sahara companies that are under scanner.
She is a 'resident' of Uchahara, SK Nagar, UP, and the agent who brought in the investment of Rs 1,600 is Haridwar of Bani Road, Sant Kabir Nagar. The innocuous information appears on the first page of the voluminous compilation of Sahara's investor details that was presented to the Supreme Court.
But the court was not convinced to go beyond page 1.
Instead, the court, while directing two Sahara companies to refund thousands of crores, has made some obvious observations: it's unclear whether Kalawati is a member of the Sahara group or its associates, or related to Sahara employees; her parentage and husband's name is not disclosed; and the address is of general description with no street name or door number. Also, as a name, 'Hardiwar' is incomprehensible: in India, cites do not constitute the basis of individual names, said the court.
It's a suspicion that Sahara has to counter if it has to survive. This could well be the reason that drove the group to come out with full page advertisements over the weekend. Mentioned in capital letters, the ad claims that "there is not a single benami money and this statement is Sahara's challenge to all authorities of our country". Two Sahara companies have been asked to pay back Rs 17,400 crore along with 15% interest, failing which the capital market regulator Sebi can initiate legal proceedings to seize Sahara's assets and freeze bank accounts to recover funds.
"One would not like to make any unrealistic remark, but there is no other option but to record, that the impression emerging from the analysis of the single entity extracted above is that the same seems totally unrealistic and may well be fictitious, concocted and made up," said the court. It felt that many transactions are not expected to be casual, certainly not in the manner expressed by the two companies.
Interestingly, Sahara India Real Estate Corp, which raised bulk of the funds, had cash and bank balances of Rs 6.7 lakh and net current assets of Rs 6.54 lakh as on 31 December 2007. Together with Sahara Housing Investment Corp - the company that has been asked to refund investors - have raised as much as Rs 40,000 crore so far through issuance of optionally fully convertible debentures. Till August 2011, the two entities had collected 24,029 crore (net of premature redemptions) from 2.9 crore investors. Now, Sebi has the humongous task of ascertaining the genuineness of the investors as well as the amount deposited by them.

http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/sahara-investors-supreme-court-not-convinced-by-name-and-addresses-given-by-company/articleshow/16227344.cms

Thursday, August 30, 2012

F& O - expiry fire works- ICICI BANK

https://www.youtube.com/watch?feature=player_detailpage&v=lAo77BIqHp0

THE GOOD AND BAD OF MARKET

The surprising fall happened in Midcaps is really alarming and dangerous. The Infra fall is also a worry some issue. The fall in REC and PFC is wild despite of their good results. This could be due to COAL mining ISSUE. The YES bank fall and DLF is a concern. i expected the fall but the Midcap fall is not. Today the external/global concerns will bring the level close to 5200 level as mentioned. The stimulus is on the cards but waiting...waiting... inviting shorts....

A poor statement on INDIA

 

Poor In India Starve As Politicians Steal $14.5 Billion Of FoodBy Mehul Srivastava and Andrew MacAskill - Aug 29, 2012 2:11 PM GMT+0530 Ram Kishen, 52, half-blind and half- starved, holds in his gnarled hands the reason for his hunger: a tattered card entitling him to subsidized rations that now serves as a symbol of India’s biggest food heist. Kishen has had nothing from the village shop for 15 months. Yet 20 minutes’ drive from Satnapur, past bone-dry fields and tiny hamlets where children with distended bellies play, a government storage facility five football fields long bulges with wheat and rice. By law, those 57,000 tons of food are meant for Kishen and the 105 other households in Satnapur with ration books. They’re meant for some of the 350 million families living below India’s poverty line of 50 cents a day.Instead, as much as $14.5 billion in food was looted by corrupt politicians and their criminal syndicates over the past decade in Kishen’s home state of Uttar Pradesh alone, according to data compiled by Bloomberg. The theft blunted the country’s only weapon against widespread starvation -- a five-decade-oldpublic distribution system that has failed to deliver record harvests to the plates of India’s hungriest. “This is the most mean-spirited, ruthlessly executed corruption because it hits the poorest and most vulnerable in society,” said Naresh Saxena, who, as a commissioner to the nation’sSupreme Court, monitors hunger-based programs across the country. “What I find even more shocking is the lack of willingness in trying to stop it.”..................http://www.bloomberg.com/news/2012-08-28/poor-in-india-starve-as-politicians-steal-14-5-billion-of-food.html


Tuesday, August 28, 2012

Bharti Airtel --BUY--WHEN ???


Is this the right time to buy Bharti Airtel?

VENTURE FUNDED JOBS....EMERGING..!!!


'Venture capital can birth 4 cr jobs'

AGENCIES

Posted: Monday, Aug 27, 2012 at 1810 hrs IST
New Delhi: Venture capital investments have the capacity to generate Rs 10 lakh crore revenue and create four crore jobs in the next decade, a Planning Commission expert group has said.
Boosting VCI can result in creating 2,500 new successful high growth ventures and can repeat success of IT/BPO sector in three or four other industries in the next 10 years, said the committee on angel investment and early stage venture capital set up by the Planning Commission in a report submitted to the Finance Minister.

Monday, August 27, 2012

ONLY SUGAR NEWS- BALCHINNI..


Stockwatch: Less rains spell a price bounty

Published: Saturday, Aug 25, 2012, 8:00 IST Expect a sugar shocker in days to come. Well, the prices may not be as sweetening as the commodity itself. Food minister KV Thomas revealed as much when he said the output for the next marketing year (October to September 2012-13) is likely to be 23 million tonnes (mt) as against 26 mt in the previous year.
While analysts had been expecting a lower production all this while, the number is way less, considering the Indian Sugar Mill’s Association had pegged it at 25 mt a few weeks ago. The estimated shortfall is attributed to below-par monsoon rains in the sugar-growing belt of Karnataka and Maharashtra. There is also a seasonality element at work. The other worrying aspect is this time around, local sugar prices have moved faster than the global level.
Initial reports indicate that Brazil, the largest exporter of sugar, is expected to produce less. Sugar surplus, which was earlier projected at around 8-10 mt, is now likely to come in at around 5-6 mt. For India, with a consumption of around 22 mt, this year’s production as well as higher exports will mean lower inventory. Both domestic and global developments point to a supply crunch, which can push prices up.
One company in the sugar space that’s worth a look is Balrampur Chini. For every rupee rise in the price, the company’s earning per share increases by around Rs2.5. Apart from being the largest sugar company in the country with a production capacity of 7 lakh tonnes, a big positive for this company is it’s located in Uttar Pradesh, which has not been affected as much as Maharashtra and Karnataka. In other words, Balrampur Chini stands to gain handsomely from the rise in prices on account of lower supply.
Over the past two months, share price of Balrampur Chini has moved up from Rs48 to a high of Rs69, but has since corrected to Rs64. The expected weakness in the market can bring the prices down to Rs62 which can be a good entry point. With sugar prices unlikely to come down anytime soon, Balrampur Chini can post decent growth, going forward.

NIFTY CRUCIAL LEVELS!!!!


The August month saw a decent rally in equities. From a low of 4770 on 4th June-12 till date the Nifty could scale up day after day. May readers might have remembered the recommendation made earlier to stick with BULLs rather than with BEARS till the market reaches 5365 leve. I also mentioned, Nifty may touch 4225 level. Now Nifty is in over bought situation. Last week Infosys, TCS, HCL Tech and HLL along with pharma majors, could take it to float above 5400, crossing high a 5425 level for 3 days in a row.
This week being the F&O closing week, the banking sector may see a fall, especially due to the Euro problems.
The stocks to watch for this week: Bull unwinding may consider in stocks like HLL, Ranbaxy, Cipla and in Banking majors. The Bank Nifty is weak below 10340 levels and will gain momentum above 10475. The Nifty is strong above 5390 level, but the closing shall be above 5420 level for further gains. The Nifty close below 5340 level will help the bears to gain temporarily. Last month Nifty closed at 5040 level and now a gain over 350 points available to BULLS. The stocks performed beyond any body expectation in stocks like Ranbaxy, Mc Dowell and JSW steel. The similar performance took place in M&M and HLL. So they tend to correct for want of support at the higher level.................................. 

DEBT KILLS AIRTEL-BHARATI.. The operational issues are not a problem where as the South Africa acquisition has become a burden to carry on its shoulders. The dollar debt is threatening and not able to meet the mounting interest pressure also failed in balancing the rupee depreciation not able to edge to its best. Bharati rate of growth, ARPU are contacting and but overall sales performance is acceptable in this kind of a difficult situation and global environment. We can see the cruel state of struggle existing in the telecom players for the market share and the new entrants are working hard to grab the users through number portability. The 2G scam is still haunting both the industry and government and the regulators. The 3G-4G/LTE service expansion was cripped for want of funding and the winners are also not sure of what will happen and when!!!! 
Despite the entire crippled environment existing now in the Telecom sector, Bharati is going to do very well in future once the clouds are faded. The very big opportunity stored in for Bhatai is Mobile banking and the entertainment. The huge infra business existing ( for now it failed to attract big investments- trying to list the arm), future sustained revenue is assured. So Bharati will merge the arm after 3-5 years. The stock will again see a huge demand. The stock will certainly get investor support at Rs 220-25, from there a double in 5 years is a safe and best returns a large cap can offer.

Sunday, August 26, 2012

Sugar has upside!!!


Sugar has upside till Rs 4,000/quintal

C.P. KRISHNAN August 25, 2012:  Following a series of healthy fundamental factors, sugar prices in futures and spot market have witnessed an escalation since the first week of June. Prices tested a two-and-a-half-year high last month.Futures prices on the National Commodities and Derivatives Exchanges (NCDEX) climbed from Rs 2,800 a quintal level in June to Rs 3,600 levels by mid-August, a surge of over 25 per cent. Domestic retail prices, too, mounted to Rs 40 a kg from Rs 30 during this period. However, prices somewhat cooled down after a few measures taken by the Government......................

........................
(The author is Whole Time Director of Geojit Comtrade Ltd. The views are personal)

Saturday, August 25, 2012

SHARED THOUGHTS --GLOBALLY (2010-12)


FROM JUNE JULY PERIOD ALMOST ALL SUGARS ROSE 50% MINIMUM BUT STILL HAS ROOM FOR 100% RISE. BUY ON DECLINES- ENJOY PROFITS onBUY SUGARS
on 15/08/12

Yes Guruji, My Aunt enjoying the benefits. What would be the target price to sell guruji ? Regards Mohan on BUY SUGARS
on 08/08/12
Good News. India is better place for holiday travel. Aalia is the heart in Uttrakhand Haridwar for holiday resort in India. The facilities in this resort is all world class. The importance of this secret holy place, makes it more attractive for all new comers. on Billionaire investor Rakesh Jhunjhunwala & Sterling Holiday Resorts
on 06/08/12
AS POLICY IT IS NOT NECESSARY BUT ON THE PRINCIPLES OF BUSINESS DEVELOPMENT AND BIG CLAIMS OF MARKET EXPERTISE, IT IS OBVIOUS THAT THE CLIENTS NEED THE BROKERAGE FIRM SUPPORT IN MAKING MONEY. on
on 25/07/12
Does a brokerage firm owes its investor clients an ongoing duty to monitor the investments held in the customer’s accounts to ensure that the investments remain suitable and appropriate for the customer’s needs and circumstances? on
on 23/07/12
True Guruji, News for consolidating all the markets for the rise of last 4 to 5 months. on THINK THE FALLOUT- EURO EXIT---GREECE
on 24/05/12
It is not justification Master, it re-confirms the readings...especially in stock market... on Prithvi 100 cr...Authorised Capital....
on 14/05/12
Guruji, You don't have to give justification to anyone. I know you told me about Prithvi and also you have been right about many other scrips all throughout. onPrithvi 100 cr...Authorised Capital....
on 14/05/12
I remember guruji and also about SBI and need to wait for the levels about INFY. Also Nikkie is holding onto the levels you mentioned in the earlier posts. Regards Mohan on TATA MOTORS...REMEMBER..
on 20/04/12
Good to have such an interesting Stock Broking blogs by u. on MOBILE MONEY -TELECO GAINS....
on 29/02/12
it is 321-323 for HLL on FORGET 5000 !!!!!!
on 07/01/12
Can you please make your blog more readable? Seems like you have got good content in there. Thanks Srinath http://smartinvestments-srinath.blogspot.com onTHE PERFORMANCE BAROMETER
on 29/12/11
Best book on stock market trading strategies, teaches you how to trade stocks, trade futures and commodity trading tips. A quite promising approach in technical analysis, fundamental analysis and trading of stocks. Dalal Street Investment Journal's Stock Market Book for Beginners is a perfect stock market tutorial available in English and Hindi. Dalal Street Investment Journal Helping You Book Profit - Since 1986 http://DSIJ.in/ on MARKET OPERATION......
on 15/12/11
Stock Market Course for Beginners | Online Certificate in Equity Research Certificate program in stock market and equity research aims to use the expertise of DSIJ's 26 years equity research experience. Certificate in stock market and equity research course certified and approved by IGNOU. Dalal Street Investment Journal Helping you book Profit - Since 1986 on The cross roads??? or Consolidation!!!……
on 12/12/11
Hearty Congratulations GURUJI !! on FIRST TO COIN- ENA
on 05/12/11
Dear Guruji Followers, I am the proof for all the events which unfolded and guruji is truly amazing at his knowledge with respect to stock markets. Cheers Student onDiwali Dhamaka- stocks .....
on 26/10/11
Wish you a wonderful Deepavali !! Your student Mohan R Muppaneni on HAPPY DEWALI...
on 26/10/11
Guruji HLL Base is it at 321-323 or 221-223. Please let me know. Thanks Mohan on FORGET 5000 !!!!!!
on 23/09/11
Guruji, Till what level there would be short covering. After that till what level will Nifty fall. Please let me know. Thanks Mohan Muppaneni on PREPARE FOR THE WORST?????
on 20/08/11
Hellow! I love your site, it is a pleasure to visit. I have added your site to my site. Please link my site to your site. Thank you! Make money fast! http://makemoneyfast-megarotk.blogspot.com/ 私は日本人です。よろしくお願いします。 on THE WEAK BOTTOMS MADE.......!!!!!!!!
on 09/05/11
Top Tips about Analysis of Mutual Funds Before investing in mutual funds total attain information is necessary. While analyses endeavors are aimed at maximizing returns and minimizing risks, it is the latter that get needed as the one most fundamental criterion to compare mutual funds. This article is for make you aware about. porusmistry on The FIIs pour dollars………..
on 21/03/11

THE THOUGHT FLOWS ....GLOBAL (2008-10)




Guruji, Pls publish research paper on IFCI along with levels to watch and time frame. Students request and will eagerly wait for your post........... Thanks Mohan on US markets and INDIA
on 19/09/10
Dear doctor sir it is not that simple to dectate levels , donn forget that the bull market has not resistances and bear market no sapports. There are a huge blood letting on the anvil and ineveitably for sure they will take the margins. Let me tell you the fundamental difference of India growth story. Govt is fooling everyone. They are arm twisting the banks to give loans to telecom which anyway they will default and becomes NPAS. Thanks for the 3 G spectrum auction. The banks will again be arm twisted to invest in IPO s of the public sector by using 10% of cash reserves in eqities and 10 % in mutual funds. that leaves them not able to lend to infrastructue and small businesses. added to that the farmers are made a habit of defaulting the loans . The infrastructure will be saved with some tax saving infrastructure bonds and in a nut shell that would leave the private sector crowded out for finances and running capital. The Govt maight even armtwist the banks into giving long term on Clouded Fears..
Deciple of stocks doctor
on 25/05/10
Dr Sir way to go. Really awesome of you to predict about the sharp fall. Mohan. on Waiting ..waiting .....???
on 21/01/10
DR ji every bit you mentioned today worked out. Great job on THE METAL RALLY
on 07/01/10
Way to go Dr. Sir all 3 stocks up today on NEW YEAR- WEALTH CREATION
on 06/01/10
GOOD TO COMPARE WITH THE "BEAUTY-SENSEX" on The symmetry and possibility….
on 19/01/09
Beuty of women and a security?What mathematicians unravelled after a very long research is already known to savvy stock traders. 0.7 is a fibanacci no.When a small cap amasses 70% of revenues of their peer group, the stock traders see it bful and it is likely that one day it amasses 70% of total business of thier large group peers.After studying the movements of women for years, finally we get scientific confirmation of what we're seeing: Researchers at Cambridge University in the U.K. have figured out exactly what makes a perfect swivel-hipped walk with "a more angular swaying and bounce to the hips." The mathematicians got out their slide rules, calculators, blow-up dolls and binoculars, scientifically determining the perfect ratio of waist to hips. Their results? The closer that ratio is to 0.7 (waist measurement is 70% of the hip measurement), the sexier the swagger. And guess who has that exact ratio? Jessica Alba, pictured above. Follow us for more examples (NSFW).Other babes of on The symmetry and possibility….
Always Truth Teller
on 19/01/09
U S AUTOMOBILE INDUSTRY The Jurassic auto and idea park The U.S. auto giants are an example of how things work in the age of unbridled corporate power. Of how the collapse of restraint on that power fractures economy and society, writes P Sainath. 21 November 2008 - It is unfair to call the United States auto industry dinosaurs, as some now do. It is certainly unfair to the dinosaurs. The 'Terrible Lizards' did not lay the basis for their own extinction or that of myriad other species. The U.S. automobile companies did - and will take large numbers of jobs, workers and businesses with them. It is more like the asteroid hit on the earth which is presumed to have fried the dinosaurs. But that's unfair to the asteroid. The U.S. auto giants General Motors, Ford and Chrysler are more a fine example of how things work in the age of unbridled corporate power. Of how the collapse of restraint on that power must fracture economy and society. They also set the very standards that the Indian on The Global pressure…….
Always Truth Teller
on 17/01/09
TRICKSTERS Have you ever wondered what the moon really is? The earth's moon is a beautiful sphere that symbolically represents many things to many different people. The American Natives see a leaping rabbit on the moon, not a face, and therefore fertility, as the lunar cycle of 28 days, and 13 moons a year, coincides with a woman's reproductive cycle.Science tells us that all moons in our solar system lack illumination from within, but are powerful reflectors of the sun's light. The satellites that orbit the earth function in much the same manner. Our moon is meant no disrespect by the fact that it does not produce its own light. The moon plays a great part in bringing light to the earth during dark nights, exerting gravity upon the waters of the earth, marking planting cycles, and inspiring poetic verse and music. The moon's monthly transformation . . . from the silver sliver of new, to half, to full and the often larger than reality full rising moon of autumn, adds beauty and on Challenge for market…..
Always Truth Teller
on 11/01/09
Joseph Spence wrote that Lord Radnor reported to him "When Sir Isaac Newton was asked about the continuance of the rising of South Sea stock… He answered 'that he could not calculate the madness of Newton's niece Catherine Conduitt reported that he had participated and "lost twenty thousand pounds. Of this, however, he never much liked to hear…"[4] This was a fortune at the time . onMay happen again…..
Always Truth Teller
on 10/01/09
Highly learned man he is Mr Raju maight have got inspiration from the salad oil scandal.Just see how easy it is to fool American Express leave alone poor speculators of Godavari districts.Salad oil scandalFrom Wikipedia, the free encyclopediaThe Salad Oil Scandal, also referred to as the "Soybean Scandal," was a major corporate scandal in 1963 that ultimately caused over $150 million (~$1.1 billion in 2008 dollars[1]) in losses to corporations including American Express, Bank of America and Bank Leumi, as well as many international trading companies. The scandal's ability to push otherwise cautious and conservative lenders into increasingly risky practices has prompted some comparisons to recent financial crises including the 2007-2008 subprime mortgage   financial crisis.[1][edit] DescriptionThe scandal involved the company Allied Crude Vegetable Oil in New Jersey, led by Tino De Angelis, which discovered that it could obtain loans based upon the inventory of its salad oil.[2]Ships on THE UNANSWERED…………
Always Truth Teller
on 09/01/09
Indian investors usually vote with their feet when they are unhappy with a company’s decision or if there are corporate governance issues.Satyam Computer Services Ltd is a classic case, where shareholders have exited in droves, leading to a 40% drop in the company’s share price in just six trading sessions. The massive wealth destruction of Satyam’s shareholders seems all the more unfair in light of the fact that the promoter group, which is responsible for it, holds just 8.6% in the company.Satyam currently has a market capitalization of just Rs9,070 crore, although the cash on its books is at least Rs5,300 crore. Even if one were to assign a lowly price-earnings valuation multiple of five times trailing earnings, the company should have a market cap of around Rs9,000 crore.Satyam’s current stock price suggests that the markets are assigning no value to the cash on the company’s books. The company may have backtracked from the acquisition of two promoter-owned companies for $1.6 on The strength gained….
Always Truth Teller
on 31/12/08
discipline, focus, analytical ability, emotional control and ... ABOVE ALL THE ABILITY TO ACCEPT THE MARKET. on The wait and watch ….
on 30/12/08
Your Subconscious Mind and TradingWhole books have been written on this subject, but here is the bottom line ... Deep subconscious tendencies will be brought to the surface and manifested in your emotional behavior and ultimately in your wins and losses, when you start trading the markets. And as previously stated, most people's deep emotional tendencies are not suited to making money in the markets - unless, of course, they change them. If, at a deep subconscious level, you really want to lose, the market will allow you to do that. If you really want to be successful it will allow you to do that too but it will demand from you - discipline, focus, analytical ability, emotional control and ... Self Analysis and Goal Setting. on The wait and watch ….
Always Truth Teller
on 30/12/08
VERY GOOD ARTICLE.PLEASE KEEP POSTING FOR THE READERS. on The Air strike ?…
on 25/12/08
THE IDEAS OF ANALYZING A GIFTED SITUATION BASED ON THE HUMAN PSYCHOLOGY IS GREAT TO READ BUT FINDING AN INNOVATIVE WAY TO PREDICT IS ALWAYS ADMIRED.THE ARTICLE IS INTERESTING TO READ. onThe security concerns…
on 25/12/08
Peter Schiff - A Nightmare Before Christmas 2009.Like many pragmatic economists I have always warned that rapid expansions of government debt would result in inflation and higher interest rates. The explanation was always simple: rising supply of government debt inflates the money supply and weakens the government’s ability to service its debt through legitimate means.But In recent months, government has flooded the market with hundreds of new Treasury obligations and telegraphed its intention to increase the deluge even more. In response, both bond prices and the dollar have risen. This benign reaction has led many to the happy conclusion that the doom and gloomers are wrong and that bailouts and economic “stimuli” can be financed with deficit spending without any adverse consequences on interest rates or consumer prices. Recent action in the foreign exchange markets suggests these hopes will prove illusory. The renewed strength in gold, together with the long over do rupture of the on The Air strike ?…
Always Truth Teller
on 24/12/08
Credit crunch boosting the 'lipstick effect'LONDON: The recent global meltdown has seen an upswing in what is known the "lipstick effect", as sales of cosmetics are rising with more women trying to cheer themselves up by spending money in make-up rather than cars, holidays and kitchens. Economists have said that   due to the financial crisis, people are steering away from making extravagant purchases like cars, holidays and kitchens and are instead spending their money on small luxuries like make-up. And the sales figures from some of the world's big cosmetic companies - LOreal, Beiersdorf and Shiseido-reflect the theory. In the first half of the year LOreal sales were up 5.3 per cent. The theory was first identified in the Great Depression, when industrial production in the US halved, but sales of cosmetics rose between 1929 and 1933. "The evidence shows that when budgets are squeezed people simply substitute large extravagances for small luxuries," the Telegraph quoted RAB Capital on The security concerns…
hindunilvr stock holder
on 23/12/08
I don't worry too much about pointing fingers at the past. I operate on the theory that every saint has a past, every sinner has a future." Warren Buffett on The Maddoff..Losses...
Always Truth Teller
on 16/12/08
I Knew Bernie Madoff Was Cheating--That's Why I Invested with HimSpecifically, we're hearing that the smart money KNEW Bernie had to be cheating, because the returns he was generating were impossibly good. Many Wall Streeters suspected the wrong   rigged game, though: They thought it was insider trading, not a Ponzi scheme. And here's the best part: That's why they invested with him.For years and years I've heard people say that [Bernie's] investment performance was too good to be true. The returns were too steady -- like GE earnings under Welch -- and too high given the supposed strategy. One Madoff investor, himself a legend, told me that Madoff's performance "just doesn't make sense. The numbers can't be straight." Another sophisticated Madoff investor actually went through trade confirms in order to reverse-engineer the strategy and said, "it doesn't add up.So why did these smart and skeptical investors keep investing? They, like many Madoff investors, assumed Madoff was somehow onThe rally rallied…….
Always Truth Teller
on 13/12/08
Ex-Nasdaq chairman arrested on fraud charge in NYCFriday December 12, 1:07 pm ET By Larry Neumeister, Associated Press Writer Ex-Nasdaq chairman arrested on securities fraud charge in NYC; accused of $50B `Ponzi scheme' NEW YORK (AP) -- A Wall Street powerbroker for nearly 50 years who built an influential firm has confessed to a massive fraud scheme that will cost investors at least $50 billion, federal authorities say. Bernard L. Madoff, 70, facing a single count of securities fraud, declined to speak with reporters after a federal magistrate judge in U.S. District Court in Manhattan ordered him released Thursday night on $10 million bail.Andrew M. Calamari, associate director of enforcement in the Securities and Exchange Commission's New York office, said the SEC had filed a civil securities fraud charge as well and was alleging "a stunning fraud that appears to be of epic proportions."The SEC said it was seeking emergency relief for investors, including an asset freeze and the on The rally rallied…….
Always Truth Teller
on 12/12/08
NO PLACE IS SERENE AND NOTHING IS IMPOSSIBLE TO RIG FOR A CARTEL. THE BEAUTY IS THAT THE RETAILER DREAMS OF HIS PIE GARNERS ULTIMATELY IN THE DREAMS ONLY. on The US won’t….
on 11/12/08
'Gold Cartel suppressing, manipulating gold price'By Bill MurphyThe Gold Anti-Trust Action Committee’s basic assertion for the past 9 ½ years is that there is a Gold Cartel out there suppressing the price of gold. It consists of the US Government, including the Fed and Treasury, various other central banks, and bullion banks like Goldman Sachs and JP Morgan Chase. The motives of “the cabal” are to give support to the dollar, keep US interest rates lower than they should be, and to tone down the widely watched US barometer of US financial market health, that being the gold price. After all, whenever the price of gold soars, it congers up talk of too much inflation, a sinking dollar, or a crisis of some sort … all negative for Wall Street and the incumbent administration. Therefore, “Shoot the Messenger” is The Gold Cartel’s key mission. The suppression of the price of gold was the essence of Robert Rubin’s Strong Dollar Policy. What else did the US do to effect that policy? Talk? on The US won’t….
Always Truth Teller
on 11/12/08
By George Friedmanof stratforIn an interview published this Sunday in The New York Times, we laid out a potential scenario for the current Indo-Pakistani crisis. We began with an Indian strike on Pakistan, precipitating a withdrawal of Pakistani troops from the Afghan border, resulting in intensified Taliban activity along the border and a deterioration in the U.S. position in Afghanistan, all culminating in an emboldened Iran. The scenario is not unlikely, assuming India chooses to strike.Our argument that India is likely to strike focused, among other points, on the weakness of the current Indian government and how it is likely to fall under pressure from the opposition and the public if it does not act decisively. An unnamed Turkish diplomat involved in trying to mediate the dispute has argued that saving a government is not a good reason to go to war. That is a good argument, except that in this case, not saving the government is unlikely to prevent a war, either. If India’s on The Global pull but…….
Always Truth Teller
on 10/12/08
THANKS FOR YOUR OPENION ON THIS BLOG AND KEEP YOUR ENCOURAGEMENT. on The RBI announces…
on 09/12/08
The riding of a bicycle is balacing the gravity but riding on this market always slippery and crushes many a times when one stands agaist the trend. on The haunt of global…..
on 09/12/08
The 8 year cycle is a good concept can be related to may areas of our life.GOOD OPPORTUNITY TO READ. on The Vengeance of Bulls…
on 09/12/08
This is a great blog and I'd like to Post a CommentDid you hear the good news? Obama is making it better for investors already! Most investors don't realize how much money there is out there now. During economic times like this, there is more money to be had than ever. Because of the bailouts and economy, the government and lenders are bending over backwards to bail you out too as a way to jump start the economy.Regardless of what you hear, there is people getting tons of cheap money for personal use, businesses, buy homes, pay off debt, investing, and more. These people have done the research, just like I have. Bailout is for YOU on The RBI announces…
on 07/12/08
Many things we think simple are infact misconceptons.Just see what it makes a bike to take a turn , you will be horrified to know the truth, the same thing is true also of stock markets.Counter steering:Steering a bike’s easy - you either lean into the turn, or turn the bars right to go right, and left to go left, right? Wrong. Once you’re on the move, shifting your bodyweight to try and lean into a turn has almost no effect. If you don’t believe us, try riding along with no hands and leaning your weight one way or the other - you can initiate a gentle curve, but tighter turns are impossible unless you flick the whole bike violently, in which case you’re indirectly turning the bars anyway. So you have to use the handlebars but not the way you might think - you need to turn them the opposite way to the way you want to go. It’s called counter steering and here’s how you do it.1. The approachAs you come up to the point where you want to turn, you want the bike settled, so get your on The haunt of global…..
Always Truth Telleer
on 06/12/08