Joined: 06/Feb/2009
Location: India
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Posts: 1868
Posted: 26/Nov/2009 at 5:17pm
SmartCatji, i looked at M&M Finance and found that they have high NPA (brought down from 4% to 2.5%)..any idea how does it look in comparison to Sundaram Fin?
‘The market always does what it’s supposed to — BUT NEVER WHEN’.
Joined: 29/Mar/2007
Location: India
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Posts: 4243
Posted: 26/Nov/2009 at 5:50pm
Just took a quick look at Sundaram Finance now. Looks better than M&M Fin because of all their subsidiaries. They havea profitable insurance business that will delight any "SOTP" analyst.
The only doubt in my mind is - does non-life insurance business too suck cash?
Do you see some trend in the prices of the companies you are holding? I am seeing sudden pick up in many small caps with large volumes - wondering what's happening?
"Investing is simple, but not easy." - Warren Buffet
Joined: 29/Mar/2007
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Posted: 10/Dec/2009 at 5:36pm
This month, there has been good amount of price movement in smallcaps and midcaps.
In my friend/foe circle of novice investors, I don't see anybody talking about the stock market yet. So I guess it is DIIs/HNIs/experienced retail investors/MFs buying into these stocks.
Joined: 15/Jun/2009
Location: India
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Posted: 10/Dec/2009 at 5:45pm
Originally posted by smartcat
This month, there has been good amount of price movement in smallcaps and midcaps.
In my friend/foe circle of novice investors, I don't see anybody talking about the stock market yet. So I guess it is DIIs/HNIs/experienced retail investors/MFs buying into these stocks.
There seems to be a lot of choosiness about the stocks/sectors that are running up. It is not as if cats and dogs are up and running. That fact is comforting that the blow out phase before a fall has not yet arrived.
Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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