Joined: 29/Dec/2007
Location: India
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Posts: 1283
Posted: 17/Feb/2008 at 1:09am
Johnny : " Pops my teacher told me that considering Anil Bhai offer to issue a bonus share to RPoL shareholders the ICAI has decided to name GAAP as GAAAAPP henceforth "
Jack : " what does GAAAAPP stand for Sunny "
Johnny : " GENERALLY ACCEPTED ANIL'S ACCOUNTING & AGGRESIVE PRICING POLICIES right pops "
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 17/Feb/2008 at 9:15am
Originally posted by nitin_jagtap
Johnny : " Pops my teacher told me that considering Anil Bhai offer to issue a bonus share to RPoL shareholders the ICAI has decided to name GAAP as GAAAAPP henceforth "
Jack : " what does GAAAAPP stand for Sunny "
Johnny : " GENERALLY ACCEPTED ANIL'S ACCOUNTING & AGGRESIVE PRICING POLICIES right pops "
Jack : " Bu#$%$..."
"Bol mere Laal"
Bunty: "Papa...have you heard the discussion between Johny & Jack about RelPower?"
Mungerilal: "Yes Beta Bunty."
Bunty: "Papa...Now you should be feeling happy."
Mungerilal: "Bunty beta, I'm carrying a short RelPower position....."
Bunty: "Hmmm....so whether it's GAAP or GAAAAPP, this gap up opening is sure going to open lot of gaps. But why the hell you again speculated? Didn't you know that leverage cuts both ways?"
Mungerilal: "Bh$#%^........"
Life can only be understood backwards—but it must be lived forwards
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 18/Feb/2008 at 7:59am
"Bol mere Laal"
Bunty: "Papa...what's F&O Settlement?"
Mungerilal: "Bunty beta....On the last trading Thursday all front month contracts in F&O are settled, meaning either squared-off or roller-over."
Bunty: "Papa...why do they call it F&O Expiry?"
Mungerilal: "Yes beta, good question. These front month contracts get expired on that day."
Bunty: "Oh....Oh! I used to think that F&O Expiry is a term used to warn Mungerilals like you that with F&Os ....the financial Future is so bleak that the players would have no Option but to Expire."
Mungerilal: "Bh$#%^........"
Life can only be understood backwards—but it must be lived forwards
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
Posted: 18/Feb/2008 at 8:12am
Johnny : " Pops whats value unlocking "
Jack : " Sunny when a company has got a division which is doing extremly well and has got great potential compared to other business divisions , the management hives this into a seperate company and raises money to meet the new company's capital needs "
Johnny : " Pops so whats demerging then "
Jack : " Its kind of the same sunny "
Johnny : " and what is embedded value "
Jack : " Sunny smart managements demerge and unlock embedded value.... got it ?"
Johnny : " Yes Pops , so when managements get greedy and want to raise addtional capital without much purpose, all in the name of higher market caps we can call this as demerge and unlocking of embedded value right Pops ?"
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Posted: 18/Feb/2008 at 8:24am
Originally posted by nitin_jagtap
Jack : " Sunny smart managements demerge and unlock embedded value.... got it ?"
Johnny : " Yes Pops , so when managements get greedy and want to raise addtional capital without much purpose, all in the name of higher market caps we can call this as demerge and unlocking of embedded value right Pops ?"
Jack : " Bu#$%$..."
ha ha ha
Bunty: "Papa...listen to our neighbours."
Mungerilal: "yeah, I just heard them."
Bunty: "Papa...so what do you feel?"
Mungerilal: "Beta...Jack is dumber than me & Johny is smarter than you!"
Bunty: "Bh$#%^........"
Life can only be understood backwards—but it must be lived forwards
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Bu#$%$..."
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Bh$#%^..... 
"
?"
ha ha ha 
.....you are too much Kulmanji ...amazingly fast wit 
