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Annual reports - Reading, Understanding and Discussing.
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Annual reports - Reading, Understanding and Discussing.
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Topic: Annual Reports.- What to look for in?
    Posted: 04/Dec/2006 at 9:01am
Hi Everyone,
 
Annual Reports are said to contain a truck-load of information.... In US, there are specialised companies and agencies providing annual reports to investors for their information.... can we have the same thing in India???? I beleive we need to institytionalise our effort a little bit more and make it a respectable profession...With this endevour in mind, I will like all forum members to kindly throw their opinion on:
 
1.Whether such a thing os possible.
2.What kind of effort is required.
3.And what formalities are to be done, whether its possible to obtain sponsorship from the major Stock exchanges.
4.In what ways we can offer our help to the Investors.
 
I beleive, and this regard, I must admit I am greatly inspired by Mr. Basant's way of working and his devotion. So, I would like Equitydesk to take a major step in this regard and in this context, I would also like to make myself available for any effort that is required. With view to this endeavour, I am concentrating on academic aspect of the work and now I have competed 7 modules of NCFM already and am ready to give the Corporate Governance Module Exam...something which I beleive may be of some help in getting the requisite sponsorships....I will greatly glad if someone can guide me in this effort...
 
Regards,
 
Vivek
 
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 04/Dec/2006 at 9:11am
Actually, I was greatly inspired by the reading in some of  IR magazines... In India, we lack such a thing.... with so much happeneing on Corporate Governance front that I beleive we must also rise to this challenge and utilise our effort to make something meaningful in this regard... also, I beleive such a thing also provides you greater access to management and hence can of of some help in our research work as well. I am not talking only from the stock market point of view, but am talking more from Investor Protection and Investor Empowerment point of view.... kindly please throw your opinion in this regard...
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kulman
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Quote kulman Replybullet Posted: 04/Dec/2006 at 10:16am
 I was greatly inspired by the reading in some of  IR magazines
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Vivek jee, please elaborate on IR?
 
This idea of yours about Annual Reports is quite impressive....I shall try to think about the same...give me some time..
 
Nice to now that you've completed several NCFM modules.
 
 
 
 
Life can only be understood backwards—but it must be lived forwards
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kulman
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Quote kulman Replybullet Posted: 06/Dec/2006 at 1:35pm

I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material. - Warren Buffett

 

Life can only be understood backwards—but it must be lived forwards
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Vivek Sukhani
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Quote Vivek Sukhani Replybullet Posted: 06/Dec/2006 at 1:39pm
I read just the accounts part, thats all i understand....
 
Kulman, by IR I meant Investor Relations.
 
In US and other countryes there are many IR magazines, which report on contemporary issues affecting the indusry as far as IR go.... so I try to read materials on them.... Infact, will be giving the Corporate Governance Module in about a fortnight-month's time...
 
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kulman
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Quote kulman Replybullet Posted: 24/Jan/2007 at 6:39pm
Vivek bhai
 
Have you been able to make any progress on this idea of yours?
 
If not then, why don't you begin by contacting SEBI. Put your idea across to them and seek their opinion/views. E-mail ID: [email protected] Tel Nos.: 022-26449188 / 26449199 
 
 

 

 
 
 


Edited by kulman - 24/Jan/2007 at 6:42pm
Life can only be understood backwards—but it must be lived forwards
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nikhil090
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Quote nikhil090 Replybullet Posted: 04/Feb/2007 at 2:09pm
Is there any place/site, where annual report of last 5 years for all companies is available for download, even for a fee??
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PrashantS
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Quote PrashantS Replybullet Posted: 04/Feb/2007 at 2:12pm
yea go to dreamgains.com.......u will find a lot of them
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