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Month: February 2008

2 / 3

Stocks At Face Value Rs. 1 Only. Umm. Why?

SEBI recommends that all public companies should have a face value of Rs. 1 per share. (From DNA India) In the first phase, said the primary market advisory ...

ABXes Hitting New Lows

The Markit ABX indices, which are based on asset backed securities, are trading at new lows. This is the graph for the ABX based on loans (rated AAA!) made in ...

Drop In Internet Trading Volumes as Markets Crash

Economic Times: Internet-based trading turnover of NSE falls. Turnover from internet-based trading at the National Stock Exchange (NSE) plunged to a daily ...

Comments Are Now Moderated Due To Spam

Some random character from one site – and I won’t name the site because it will give them free publicity – is spamming the comments section ...

Subprime In A Lighter Vein

My dear friend Mohit sent me this incredible presentation on Subprime. (Larger version) And then this absolutely hilarious ...

Reliance Power Bonus Still Yields No Value

I’ve changed this post in accordance with extremely recent news that the bonus is likely to be 1:3 or 1:5. I moved the P/E down to 14 from 15, and ...

Reliance Power Bhi Kabhi Bahu Thi…

…looks like the new TV serial in town. More melodrama. Now Anil Ambani wants to assuage investors in RPOWER by giving them bonus shares immediately after ...

Margins – an NSE FAQ

NSE has released a detailed article on margins and how they are calculated. While some elements here are mathematical you can understand how margins work in ...

EPS Growth Suspect in the US Also

From John Mauldin’s Frontline Thoughts: On January 18, 2007 S&P estimated that as-reported earnings for 2007 would be $89.10 per share. The index ...

Lenders Are Selling Their Bad Home Loans

It seems that ICICI bank has sold some of its non-performing loans to Arcil. Rajiv Sabharwal, head of retail assets at ICICI Bank confirmed that ICICI Bank had ...