Memo 24 – Market View – Separating Men from the Boys!

After almost four years of steady rise, the past few months have been rather challenging for Indian stock markets. The thousands of whatsapp groups which were buzzing with new recommendations every day have become unusually silent; the newspapers and TV anchors are no longer talking about multi-baggers and public personalities are no longer boasting about their winning bets. Let’s take a moment to understand why the euphoria suddenly turned into fear. The damage at the index level looks small (...
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Bandhan HAL & Bharat IPOs

Bandhan Bank, Bharat Dynamics & HAL IPOs – Invest After a long break, it’s again a month of good IPOs. Before you get excited, let us put a disclaimer – these companies are great companies in their respective sectors, but will not give you returns on day 1 of listing. Unlike in the past, you will have to stay invested for a slightly longer period. Since the euphoria in the IPO market has subsided, there is a good probability of allotment in all these IPOs. Bandhan Bank Apart from being ...
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Memo 23 – 11,000 is Just A Number!

11,000 is just a number! We will take the liberty to borrow a few lines from our June 2017 article titled “10,000 is just a number”, where we discussed at length that the Indian stock markets are headed much higher in the coming days. It’s almost a déjà vu as Indian stock markets made fresh highs and NIFTY crossed 11,000 for the first time. As in the past, only a few are celebrating this feat. Through this article, we want to specifically address the three reasons why folks like us are not ce...
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Amber Enterprises IPO

Amber Enterprises IPO – Add this Cool Quotient We may be blissfully unaware that we could be using this little known company’s products to seek respite from the sweltering heat.Amber Enterprises India Ltd is a Punjab based contract manufacturer of room air-conditioners and its components for most of the Indian AC brands. Below are the investment arguments. Investment Arguments Leadership position in Room AC (RAC) to further strengthen Amber commands a lion’s share of ~55% in the ou...
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Memo 22 – Bitcoins – Better or Bitter?

While we claim no expert insights or inclination on this topic, the record number of queries that we have received over past two months have pushed us to write on it. The interesting commonality to all these queries is the “left out” feeling. People have almost stopped short of asking"I don't understand anything about bitcoins but is it okay to buy them?  Am I missing something big if I don't buy them?" Again, we are no expert on bitcoins or block chain, so allow us to borrow some insights fr...
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MAS, IEX, GIC IPOs – Invest

MAS, IEX, GIC IPOs – Invest There are three more IPOs hitting the markets this week. Two of them (MAS and IEX) are relatively small sized IPOs and there is only a 15% chance of getting an allotment. However, the third one i.e. GIC is slightly more exciting. It’s a mega IPO and chances of getting an allotment are close to 100%. MAS Financial - Made for Masses With the intent to serve the under-served segments of the society, MAS Financial (MAS) has built its presence in 2-wheeler, Commer...
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Memo 21 – Too many opinions, too little wisdom

Much to our surprise, we received record number of "WhatsApp forwards" over the past 30 days, highlighting the failure of current government and the severe economic slowdown that India is staring at. The surprise was not in the content of these messages but the fact that these messages were forwarded by friends working in areas that have got little to do with day to day economic news. Some of them even went to the extent of asking if their investments in stock markets were at risk and if they sh...
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Godrej Agrovet IPO – Invest

Godrej Agrovet IPO – Invest Godrej Agrovet is one of the leading players in agri-business with operations across five business verticals - Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry & Processed Foods. Investment Arguments :  Presence in Attractive BusinessesAnimal Feed, Crop Protection and Dairy are among high potential sectors in India, where demand is high but supply of quality products is low. Given the government’s ambition of providing food security to 1.2 bill...
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GreenEdge Features in Mint

GreenEdge  Features in Mint Our story features in Mint newspaper today! The story of how GreenEdge Wealth is helping working professionals & young entrepreneurs participate in India’s growth story through a combination of stock markets and overall financial planning. Please find the link to the article below. The story of GreenEdge’s customer features in Mint newspaper Thank you for the love and support. Best Regards, Team GreenEdge  
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Cochin Shipyard IPO – Ship it to Your Portfolio

Cochin Shipyard IPO – Ship it to Your Portfolio Cochin Shipyard Ltd. is India’s largest public sector shipyard providing shipbuilding and repair services in defence and commercial sectors since over last four decades. Investment Arguments A Solid Player in India’s Defence Sector with High Entry Barriers – Cochin Shipyard is a well-run and well-managed company evident from the fact that it’s the most profitable player amongst its peers – Competitors are heavily debt ridden & quite ...
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