Two businessmen were taking a break while setting up their soon-to-open store’s shelving units. There they sat, in the middle of nothing but empty shelves. One said, “I bet any minute now some smart aleck will stick his head in the door and ask what we’re selling.”
Within minutes, a man did just that, “Hey, boys. Whacha sellin’?”
One businessmen responded sarcastically, “We’re selling a$$holes.”
Without missing a beat, he rejoined, “Looks like business is good; ya only got two left!”
—-
A Sindhi calls up the Times of India office and wants to place an Obituary for his dead grandfather … the conversation went as below:
Sindhi: How much does it cost to print an Obituary in Sunday edition of the Times of India?
Help Desk (TOI): Sir, we charge Rupees 50 per word.
Sindhi: (Thinking)… Hmmm… Wari likho ni… “DADA DEAD”.
Help Desk (TOI): Sir, you have to give a minimum of five words.
Sindhi: (Thinking harder)… Hmmm… Wari sochne do… hmmm likho ni… “DADA DEAD, HONDA FOR SALE”.
—-
How do they make holy water?
They boil the hell out of it.
22 replies on “New store”
On a similar note, the jerk store called… they’re all out of YOU.
@spy…
yups.. actually that might have been better.. BTW Welcome to ENagar
Hey ankur ptc is listing on 4th
u should have got allotment by now
do u have a clue on refunds ??
plus how is the maytas ipo..
i was takg abt power grid sorry
maytas…
Supreme infrastructure was a much better priced issue.
in the construction sphere, its too small a company for a long term investment.. plus I hate companies which have to pay royalty for using the company brandname/trademark to the promoter’s holding company.
and if the market crashes a day or 2 near its listing, you might end up with a substantial loss.
invest in it only if u have a good risk appetite.. and your surplus money is sitting idly in the savings account..
Power Grid..
my strategy if it dips below 65/- i will buy and if it goes above 100/- i would sell.
i am also waiting for the refund on this issue… plus I had invested in Dhanush.. which I think i might have to pull back
on maytas i had the same fears thanks nyways for ur take i was nyways not that interested
good strategy on pg
plus i expect the mkts to rally till wednesday
after which i expect nything all depend upon cues from us etc
even wednesday is 40 hours away… with markets at 17.4k u never know what the next second has in store for u.
true !
nyways that was my hunch lets see
what r u doin these days selling? selling and selling more?
on the contrary I am buying .. big time…. 50k already.. and i am verge of buying another 150k just if the price of the 3rd stock dips by another 1%
i bought kpr mills and tcs today. then I am looking at diamond stocks… some of them looks attractive, but due to their small size, I would have to spend some more hours researching them.
what about u.. whats ur strategy….
not in the mkt thats why i am askg still on the sidelines
what struck me is ur interest in tcs when the dollar is goin southwards and the earnings will take some hit
//what struck me is ur interest in tcs when the dollar is goin southwards and the earnings will take some hit//
isn’t the very idea of investing, putting ur money where nobody else wants even to touch… infact my entire portfolio is filled with underdogs… stocks of good companies, but ones which do not have much fan following.
however, this strategy works well only if u have patience, well diversified portfolio, and a capacity to bear losses for months together.
being contrarian is a great strategy when the overall market is underperforming
the risk beta now is too high
tcs is an elephant and very slow to move in terms of fluctuation in stock price patience and risk taking ability
god we should discuss more abt strategy!
did u read this
http://www.moneycontrol.com/india/news/business/is-mallya-doing-creeping-buyout-for-majorityair-deccan/20/44/305783
//tcs is an elephant and very slow to move in terms of fluctuation in stock price patience and risk taking ability//
rise and fall in profits is part of a business cycle.. i am ok in investing in any company as long as the revenue does not fall…
and if u trust the management… then in the long term it usually works out.
i invested in TISCO after the corus deal.. and it worked wonderfully well for me. made 75% on that stock.
//god we should discuss more abt strategy!//
at this moment i am in the buy mode for these sectors….
1) textiles,
2) logistics,
3) hospitals
4) newsprint
5) Diamonds.
6) IT
holding on:
1) realty
2) hotels
3) music
and in a couple of months i would be offloading
1) automobiles and ancillary
2) banks
3) FMCG
what about u.. whats ur strategy?
about air deccan:
even the most optimistic analysts agree that there is going to be consolidation in the industry.. the inviable players would either shut shops or be bought over.. and it will take 3-4 years before the industry will be able to distribute dividends. so airline industry would be very risky investment.
I am sure that Jet (due to huge profits it makes on international routes) and Kingfisher will survive the decade… but i am not so sure about the other players… also what makes air deccan position tricky is the fact that it will always get step motherly treatment from Malyas.. already Malayas have started increasing fares and announced that low cost model is not viable.
i would prefer to follow yr strategy in bits and protions 😉
@prax..
just edited the previous comment… as well as the link u supplied. (let me know if it was the one which u wanted to share)
apart from that recently i sold of my shares in aviation (air deccan) and cement (gujarat ambuja)..
but seriously, since u have been investing for 10 years now… I am curious where is ur investment.. and what sectors do u think will give a favorable return….
also what portions or my strategy do u don’t like
first i was looking at the same link
i think malya is a suave businessman n politician kinda like Branson and the air business suits him.
Kingfisher is still small compared to Deccan and once he gets majority stake he will want to expand it- plus the key to the international business is Deccan and eventually i expect him to merge it with kingfisher or get tight synergy.
frankly i studied the markets for the last 10 yrs
i did jobbing for 3 yrs – the tech bust humbled me and got me on ground and put tonnes of fear in me!
what i have realized is that im better off at off hands investing and highly unorganized which i have to change and discipline
frankly i like ur style of disciplined risk taking!
but fear the increased beta risk of a crash now !
my pf consists of most ipos purchased over time and shares accumulated by my father and is relatively small, needs full restructuring but at this time id prefer selling of a lot of bad shares
being contrarian on the overall mkt is fine
realty hold with a stop loss cause i see the tech bust sort if situation if things turn in us
first id like to know ur logic
fear of being negative im postg apprehensions
1) textiles,
2) logistics,
3) hospitals
4) newsprint
these are slow moving sectors with illiquid scripts yes if some big player gets his fancy they can shoot up –hospitals are sunshine sector in future if medical tourism develops but we do have threat from eastern europe too..
5) Diamonds.
Depend on export diamonds are very dollar
sensitive as most indian cos are into low end market plus branded mkt in india is developing rather slowly and is urban centred specific plays / scripts advised after study.
id prefer more diversified cos who are also into gold so as to hedge bet as gold will go up when dollar tanks
IT : only the biggies and pref the mid companies with good growth rate plus diversified in europe
holding on:
1) realty Keep stop loss I see tech boom repeat
2) hotels Good sector to hold could fall if elections are announced
3) music no clue mildly negative due to the mp3 boom
and in a couple of months i would be offloading
1) automobiles and ancillary not studied
some ancillary(generally illiquid)could be a hold but with such a rise in prices better sell and buy on dips
2) banks i cant take a decision sell 50% now would be my take
3) FMCG ? u tell me is it diwali that will give better prices?
//i think malya is a suave businessman n politician kinda like Branson and the air business suits him.//
yups he apes him well
//Kingfisher is still small compared to Deccan and once he gets majority stake he will want to expand it- plus the key to the international business is Deccan and eventually i expect him to merge it with kingfisher or get tight synergy.//
yups but they need to figure out a way to make money.
//frankly i studied the markets for the last 10 yrs//
wow…
//the tech bust humbled me and got me on ground and put tonnes of fear in me!//
thats always there…. thats why i always invest in atleast 4-5 sectors.
//frankly i like ur style of disciplined risk taking!//
there is no discipline… i just read all the sectors.. find the ones which r moving down… and buy them.
//but fear the increased beta risk of a crash now !//
ya but there r still some sectors that have reached their rock bottom…. and i am never in stocks which r in fancy.
// needs full restructuring but at this time id prefer selling of a lot of bad shares//
i have never ever kept a bad share… whenever the share is even borderline… i sell it. because i hate skeletons popping up… i have lost a considerable fortune thanks to it 🙁 and worse i cannot even say i did not see it coming.
//being contrarian on the overall mkt is fine//
actually i look for value deals and the only place i find them is stocks which r out of fashion.
//realty hold with a stop loss cause i see the tech bust sort if situation if things turn in us//
i have always heard about stop loss… but never used it.. infact i usually up my investment when the stock goes down.
//first id like to know ur logic
fear of being negative im postg apprehensions//
debating is always good.
//these are slow moving sectors with illiquid scripts yes if some big player gets his fancy they can shoot up //
thats what i am waiting for.. in 3-6 months hopefully somebody will realize that..
//–hospitals are sunshine sector in future if medical tourism develops but we do have threat from eastern europe too..//
exactly… i feel they r like the next IT success story.. but the market has not realized it yet…. the stock is flat for almost a year now.
//Depend on export diamonds are very dollar sensitive//
thats what the people think… but most of the raw material is imported… so its kind of dollar neutral… atleast the impact is less than what the market punished it for.
// as most indian cos are into low end market plus branded mkt in india is developing rather slowly and is urban centred specific plays / scripts advised after study.//
indians love jewelery .. and with developments the spending will only increase.
//id prefer more diversified cos who are also into gold so as to hedge bet as gold will go up when dollar tanks//
u know any good stock?
//IT : only the biggies and pref the mid companies with good growth rate plus diversified in europe//
yups always invest in the biggest and/or the most aggressive company in the sector… the rest might prove to be good investment but u never know which is a winner and which will go down.
//1) realty Keep stop loss I see tech boom repeat//
my investment is up 30%.. and after some more movement i will start dis investing in lots.
//2) hotels Good sector to hold could fall if elections are announced//
till now it has been flat …. actually i bought them dear…. what has they to do with elections?
//3) music no clue mildly negative due to the mp3 boom//
i totally agree with u.. i bought it due to advice from ICICI.. and am regretting it…
//some ancillary(generally illiquid)could be a hold but with such a rise in prices better sell and buy on dips//
exactly… thats why i want to be out.
//2) banks i cant take a decision sell 50% now would be my take//
profit booking is always good…. plus u have invested in it for more than a year now.
//3) FMCG ? u tell me is it diwali that will give better prices?//
i invested in itc when it was at 155… but soon it should reach 200/- at which i will sell. 🙂
cool not bad give me ur new pics
or scripts uve ur radar on in the sectors u want to invest
ive taken a big pause and am scared to jump into such a high tide / volatile market!
i had sometime long back made a chart with sector and interesting stocks to look at in it
now things are a lot easier with the sub sensex grouping like bse bankex info fmcg etc
i heard abt titan but now as gold is already up no point purchasing do research
on hotels during elections most busines travel decreases thus script falls – plus fall in the overall mkts on apprehensions
//cool not bad give me ur new pics//
recently i bought shares in
KPR Mills, Alok Industries, and TCS
//i heard abt titan but now as gold is already up no point purchasing do research//
the stock is too expensive for me to touch even with a barge pole 🙁 but maybe after the crash maybe….
//on hotels during elections most busines travel decreases thus script falls – plus fall in the overall mkts on apprehensions//
hmm never linked the 2… but thats a interesting observation.
check su-raj diamonds.. PE of 4.5