If you wondered how a company can fudge its accounts, well here are some things that they do: – show less expenses: if you want to be more profitable -show more expenses if you want to be seen as less profitable from real life. – increase profits by showing revenue expenditure as capital expenditure – […]
Cholamandalam Investment and Finance Co. Ltd. (CIFCO) has done a great deal from the shareholders point of view. They had brought in DBS as a partner by issuing fresh shares to them at Rs. 140 a share. Now DBS has exited at Rs. 90 per share. It looks unfair on DBS but the relationship was […]
Partial booking of Profits is a MUST! – my broker’s favorite statement! I seek to invest in dividend yield stocks, believe in Buffet’s theory that “a share should be bought forever” and at the same time a proponent of booking partial profits on a winning position. Especially if a small-cap stock is up significantly, locking […]