Mint published 8 quarters' sales, operating profit and net profit of sensex and nifty on the first page dated 30 June 2008.
It shows that growth in profits is decreasing on year on year basis.
For the quarter ended March 08 net profit growth y-o-y on sensex is12.89% and on Nifty it is 9.31%.
What is going to be the y-o-y growth in first quarter of fy 09?
Monday, June 30, 2008
Thursday, June 26, 2008
Only 5.2% scrips trading below book value in India
29th Septemer 2005, Economic Times
According to the latest data ETIG analysis shows that only 5.2% of the BSE 500 stocks are quoting below book value.
In comparison 62% of the stocks were below book value at the start of the bull rally in April 2003.
Surprising at the peak of the last boom, in April 2000, 61% of the stock quoted below book value. Then the boom was only in IT scrips.
Now the boom is more broad based.
According to the latest data ETIG analysis shows that only 5.2% of the BSE 500 stocks are quoting below book value.
In comparison 62% of the stocks were below book value at the start of the bull rally in April 2003.
Surprising at the peak of the last boom, in April 2000, 61% of the stock quoted below book value. Then the boom was only in IT scrips.
Now the boom is more broad based.
Tuesday, June 17, 2008
Goldman lowers price targets for 14 banking companies
Goldman said it was lowering its price targets for 14 banking companies while cutting its 2008 earnings-per-share forecasts for 11, according to Reuters.
http://www.cfo.com/article.cfm/11569777
http://www.cfo.com/article.cfm/11569777
Wednesday, June 11, 2008
Buffett's Bet with Hedge Funds
Buffett ha wagered roughly $320,000 of his personal money that S&P 500 will outperform a collection of hedge funds. The bet covers a decade and includes the condition that all fees, costs and expenses are included in the calculations. The bet concludes at the end of 2017.
The bet between Buffett and money managers who own Protege Partners LLC is outlined on the long bets web site.
One of the Protege's co founders, Ted Seides accepted the bet.
http://www.longbets.org/362#terms
The bet between Buffett and money managers who own Protege Partners LLC is outlined on the long bets web site.
One of the Protege's co founders, Ted Seides accepted the bet.
http://www.longbets.org/362#terms
Subscribe to:
Posts (Atom)