Australian Stock Market Report outlook - Morning 2/7/2011 : US non-farm payrolls (employment) rose by just 36,000 in January. While the report was well short of expectations of job gains near 148,000, weakness was attributed to harsh snow storms in the month. But the jobless rate plunged from 9.4pct to 9.0pct - the lowest level since April 2009. Hourly earnings jumped by 0.4pct.
European shares rose slightly on Friday as investors debated a mixed US payrolls report. Construction and utility stocks were most in demand. The FTSEurofirst index rose by 0.1pct, with the UK FTSE up 0.2pct and German Dax higher by 0.3pct.
US sharemarkets rose on Friday as investors shrugged off tepid jobs growth, preferring to focus on positive forward indicators released earlier in the week. At the close of trade, the Dow Jones index was up 29.9pts or 0.3pct with the S&P 500 up 0.3pct and the Nasdaq was higher by 15pts or 0.6pct. Over the week the Dow Jones rose by 2.3pct with the S&P up 2.7pct and Nasdaq lifted by 3.1pct. Read More...
For the latest updates PRESS CTR + D or visit Stock Market news Today
Sunday, February 6, 2011
canadian copper stocks to watch for feb 07 2011
canadian copper stocks to watch for feb 07 2011 : Q-Gold Resources Ltd. (TSX-Venture:QGR) is a Canadian-based mineral exploration company currently exploring for precious and base metals on its 26,000 acres of Ontario holdings in the historic Gold Camp at Mine Centre, including 5 historic gold mines. In addition, the Corporation holds options on historic gold and silver mines in the historic Arizona gold camp of Crown King, and copper prospects in eastern and western Arizona. Q-Gold controls nearly all of the prospective gold lands in the Mine Centre area; an area with over 100 quartz veins and part of Ontario, one of the largest gold-producing provinces in Canada.
The Company’s copper projects in Arizona are located next to one of the largest open-pit copper mines in North America, ASARCO’s Ray Copper Mines. One of the world’s largest bullion banks, HSBC Holdings PLC HSBC.L, raised its 2011 gold price forecast to $1,450 an ounce in a note on January 4, 2011, For the latest updates PRESS CTR + D or visit Stock Market news Today
The Company’s copper projects in Arizona are located next to one of the largest open-pit copper mines in North America, ASARCO’s Ray Copper Mines. One of the world’s largest bullion banks, HSBC Holdings PLC HSBC.L, raised its 2011 gold price forecast to $1,450 an ounce in a note on January 4, 2011, For the latest updates PRESS CTR + D or visit Stock Market news Today
Nokia is hosting bi-annual Social Media Week for Februrary 7-11 2011
Nokia is hosting bi-annual Social Media Week for Februrary 7-11 2011 : Are you currently passionate about your social media? And are you currently passionate adequate to wish to go over them in a formal symposium? Then you are in luck. Nokia is hosting their bi-annual Social Media Week from Februrary 7-11, exactly where users and market specialists can meet to go over the present and future of social media.
The events will take spot across the globe, in New York, San Francisco, Paris, Istanbul, London, Hong Kong, Sao Paulo, Toronto, and Rome. Do not be concerned in case you do not have a Nokia device, they’ve setup a internet app referred to as #NokiaConnects to assist you track all the events. From your mobile device or desktop, you’ll be able to watch trending Twitter comments about your nearby events, and use Ovi Maps to guide you towards the various venues.
Do not be offended if they are not hosting events within your city. As Nokia says, their “City Partners are typically constructed of men and women who function for established firms with expertise inside the digital media market.” If you are a mobile developer, then you do not wish to miss out on the occasion. If absolutely nothing else, it’s going to be an excellent networking chance, or even a possibility to sell your concepts to business experts. For the latest updates PRESS CTR + D or visit Stock Market news Today
The events will take spot across the globe, in New York, San Francisco, Paris, Istanbul, London, Hong Kong, Sao Paulo, Toronto, and Rome. Do not be concerned in case you do not have a Nokia device, they’ve setup a internet app referred to as #NokiaConnects to assist you track all the events. From your mobile device or desktop, you’ll be able to watch trending Twitter comments about your nearby events, and use Ovi Maps to guide you towards the various venues.
Do not be offended if they are not hosting events within your city. As Nokia says, their “City Partners are typically constructed of men and women who function for established firms with expertise inside the digital media market.” If you are a mobile developer, then you do not wish to miss out on the occasion. If absolutely nothing else, it’s going to be an excellent networking chance, or even a possibility to sell your concepts to business experts. For the latest updates PRESS CTR + D or visit Stock Market news Today
penny stock millionaire john bell : How To Become A Penny Stock Millionaire
penny stock millionaire john bell : How To Become A Penny Stock Millionaire : The advertisement at several financial website reads
“23-year-old college student John Bell isn’t like most of his classmates. In 2009 he turned a $10,000 student loan into $1,000,000 by betting on risky penny stocks. John has now decided to teach his “penny stock secrets” for free at his at his new website. John claims he can teach anyone how to make $10,000 a month. He even taught his mother…”
So, John and his mother each must be well-to-do.
The advertisement is posted by Stock Market Magic. The headline the company posts is “How to Hack the Stock Market”
There is a little quiz to get at the real information. “Test your investing instincts below. If you’re smart enough, I’ll personally teach you how I made $10,000 a month trading stocks…”
The marketing message adds, “Look, I don’t want to be rude – But I’m looking for a small group of intelligent investors to be taught my stock market loophole.” It turns out that it is not necessary to answer any of the questions to get to the “secret”
Let’s hope the answer is “buy low and sell high” Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
“23-year-old college student John Bell isn’t like most of his classmates. In 2009 he turned a $10,000 student loan into $1,000,000 by betting on risky penny stocks. John has now decided to teach his “penny stock secrets” for free at his at his new website. John claims he can teach anyone how to make $10,000 a month. He even taught his mother…”
So, John and his mother each must be well-to-do.
The advertisement is posted by Stock Market Magic. The headline the company posts is “How to Hack the Stock Market”
There is a little quiz to get at the real information. “Test your investing instincts below. If you’re smart enough, I’ll personally teach you how I made $10,000 a month trading stocks…”
The marketing message adds, “Look, I don’t want to be rude – But I’m looking for a small group of intelligent investors to be taught my stock market loophole.” It turns out that it is not necessary to answer any of the questions to get to the “secret”
Let’s hope the answer is “buy low and sell high” Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
World Commodity Market february 7 2011 ; Middle East Turmoil Pressuring Oil Prices Higher
World Commodity Market february 7 2011 Middle East Turmoil Pressuring Oil Prices Higher ; Middle East Turmoil Pressuring Oil Prices Higher ; There are shades of the turmoil of the early 1970s in today’s inflation, financial instability and political chaos in Egypt
For those with long enough memories, it all seems eerily familiar. Against a backdrop of already-rising inflation, the Middle East descends into chaos, sending the oil price surging and tipping the global economy into recession.
Back in 1973-74, this is precisely what happened as a result of the Arab-Israeli war, via a boycott of the west by producers in the Opec cartel and a fourfold rise in the cost of crude oil. The crisis, though, had deeper roots: the inability of the US to anchor the international financial system, given the cost of the Vietnam war and Lyndon Johnson’s Great Society programmes, a steady increase in price pressures over the previous half-decade, and the easy availability of credit as politicians tried to keep the long post-war boom going.
Not that difficult to read across from 1973-74 to 2010-11, is it? The period since 2007 has seen an international financial crisis which is, arguably, even more profound than the break-up of the Bretton Woods system in 1971. The US has been left severely impaired by military over-stretch and the bursting of its housing bubble. The flooding of the global economy with cheap money has hastened economic recovery, but at the cost of record food prices, copper at $10,000 a tonne, and Brent crude back above $100 a barrel.
Now the dominoes are toppling across north Africa: yesterday Tunisia, today Egypt, tomorrow perhaps Algeria. The equally undemocratic regimes in the Middle East, sitting on a large chunk of global oil reserves, look on anxiously.
Should history repeat itself, the result will initially be higher inflation as companies mark up prices and workers seek higher wages. This will be followed by deflation caused by a squeeze on corporate profitability and consumer real incomes from dearer food and energy, coupled with a tightening of monetary policy as central banks seek to bring inflation down again.
Financial markets, it has to be said, appear remarkably relaxed about this Life on Mars scenario. Share prices are roaring away on the back of optimism about the growth prospects for the world’s two biggest economies, China and the US. Bond markets also seem to have shrugged off the risk that policy-makers may soon start to increase the cost of borrowing.
This view of the world, however, is based on a series of assumptions, some more plausible than others. The first is that there will be a peaceful transition to democracy in Egypt. The second is that there will be no ripple effect across the oil-producing states of the Middle East. The third is that, even if the protests do spread to, say, Saudi Arabia, oil flows would be relatively unaffected. The fourth is that the global recovery is now robust enough to shrug off any local difficulties thrown up by events in north Africa and the Middle East. And finally, that rising commodity prices are a sign of a recovery that is starting to put down roots.
Parts of this analysis ring true. Egypt in 2011 with Hosni Mubarak on his way out looks a lot different to Egypt in October 1973 with the Israeli army crossing the Suez canal. There is no inherent reason why a new government should adopt an anti-western stance, and in the longer term the transition to democracy across the region would add to geo-political stability.
Nor is it inevitable that other regimes will crumble. High food prices and chronic levels of unemployment affecting a young population are as evident in Saudi Arabia as they are in Egypt, but high oil prices mean the government is rolling in money and would seek to buy off the dissent. Having said that, the Saudi King Abdullah’s description of the protesters in Egypt as “infiltrators who seek to destabilise their country” shows that the Saudis will offer stick as well as carrot should the calls for regime-change spread. The current situation in the Middle East is not anomalous to that in eastern Europe in 1989 (when Mikhail Gorbachev pulled the plug by withdrawing Soviet military support) but one lesson from the end of communism is that even the most stable-looking of regimes can topple quickly in the right circumstances.
But for oil supplies to be seriously affected, the unrest would have to spread and lead to regimes willing to use their crude stocks for political purposes. There has been a spike in oil prices, but for the moment that is all it is. There are long-term reasons explaining high oil prices, but no obvious reason why events in Egypt should see the cost of crude approaching the record levels of almost $150 a barrel seen in 2008.
But what’s “obvious” does not always matter that much in financial markets, where prices are influenced by waves of over-confidence interspersed with bouts of panic. At the moment, the mood is one of supreme optimism, marked not just by a willingness to shrug off events in Egypt but also to downplay evidence of overheating in Asia and the commodity speculation encouraged by the Federal Reserve’s cheap money policy. Ironically, this will lead to even higher oil prices and even dearer food, increasing the chances of an eventual hard landing.
So where does this leave policy? Those pressing for monetary tightening argue that the lesson from 1973-74 is that once inflation becomes embedded it is awfully difficult to remove. Policy has been too loose for too long, they say. Doing nothing runs the risk of even more air being pumped into asset bubbles, which will eventually burst, leading to recession. Those arguing for policy to be left unchanged or loosened say that unions are much less powerful than in 1973 and cannot bid up the price of their labour in response to higher commodity prices. The rising cost of oil and food act in effect as a tax on consumers, they would argue, leading to deflationary pressures and eventually lower inflation. Tightening policy would simply turn a slowdown into recession, particularly in countries such as Britain, where high levels of personal debt mean individuals are vulnerable to higher interest rates. For the moment, interest rates are likely to be left unchanged but events in the Middle East have added to an already tricky policy dilemma.
In truth, it is hard to see how this ends well. The reason oil is so expensive reflects what is going on in China and the US rather than Egypt and Tunisia, but we should still be concerned. Why? Because each of the four major recessions since the early 1970s have been preceded by a leap in oil prices.
Crude facts
Oil-producing countries predicted that oil prices will continue to rise on the back of political unrest in Egypt.
A Kuwaiti oil official said the cost would rise to $110 and beyond if the key Middle East nation continued to be paralysed by protests calling for regime change. Imad al-Atiqi, a member of Kuwait’s oil policy body, said: “A huge amount of oil passes through the Suez canal and the country’s stability is essential for the Middle East’s stability, particularly Israel,” he said.
Iran’s oil minister said oil was not overpriced at the current $100 a barrel for Brent crude and he ruled out any need for the oil cartel Opec to discuss increasing quotas even if the price hit $120. Massoud Mir Kazemi, whose country holds the rotating presidency of Opec, : “Considering the dollar deprecation, $100 oil is not a significant price for this strategic product. Even with a $120 oil price, there is no need for [Opec] holding an emergency meeting.” While consumer countries are concerned about the effect on the oil price from upheaval in Egypt, hawkish producer countries such as Iran have said there is no need to increase output to calm the market.
Opec ministers and consumers will discuss oil output policy at an international energy conference in Saudi Arabia this month, but a formal decision there was unlikely, the Opec secretary general said. Opec says it has spare capacity of 6m barrels to meet lost output but would do it only when it sees a shortage in the market rather than speculator-driven rallies. For the latest updates PRESS CTR + D or visit Stock Market news Today
For those with long enough memories, it all seems eerily familiar. Against a backdrop of already-rising inflation, the Middle East descends into chaos, sending the oil price surging and tipping the global economy into recession.
Back in 1973-74, this is precisely what happened as a result of the Arab-Israeli war, via a boycott of the west by producers in the Opec cartel and a fourfold rise in the cost of crude oil. The crisis, though, had deeper roots: the inability of the US to anchor the international financial system, given the cost of the Vietnam war and Lyndon Johnson’s Great Society programmes, a steady increase in price pressures over the previous half-decade, and the easy availability of credit as politicians tried to keep the long post-war boom going.
Not that difficult to read across from 1973-74 to 2010-11, is it? The period since 2007 has seen an international financial crisis which is, arguably, even more profound than the break-up of the Bretton Woods system in 1971. The US has been left severely impaired by military over-stretch and the bursting of its housing bubble. The flooding of the global economy with cheap money has hastened economic recovery, but at the cost of record food prices, copper at $10,000 a tonne, and Brent crude back above $100 a barrel.
Now the dominoes are toppling across north Africa: yesterday Tunisia, today Egypt, tomorrow perhaps Algeria. The equally undemocratic regimes in the Middle East, sitting on a large chunk of global oil reserves, look on anxiously.
Should history repeat itself, the result will initially be higher inflation as companies mark up prices and workers seek higher wages. This will be followed by deflation caused by a squeeze on corporate profitability and consumer real incomes from dearer food and energy, coupled with a tightening of monetary policy as central banks seek to bring inflation down again.
Financial markets, it has to be said, appear remarkably relaxed about this Life on Mars scenario. Share prices are roaring away on the back of optimism about the growth prospects for the world’s two biggest economies, China and the US. Bond markets also seem to have shrugged off the risk that policy-makers may soon start to increase the cost of borrowing.
This view of the world, however, is based on a series of assumptions, some more plausible than others. The first is that there will be a peaceful transition to democracy in Egypt. The second is that there will be no ripple effect across the oil-producing states of the Middle East. The third is that, even if the protests do spread to, say, Saudi Arabia, oil flows would be relatively unaffected. The fourth is that the global recovery is now robust enough to shrug off any local difficulties thrown up by events in north Africa and the Middle East. And finally, that rising commodity prices are a sign of a recovery that is starting to put down roots.
Parts of this analysis ring true. Egypt in 2011 with Hosni Mubarak on his way out looks a lot different to Egypt in October 1973 with the Israeli army crossing the Suez canal. There is no inherent reason why a new government should adopt an anti-western stance, and in the longer term the transition to democracy across the region would add to geo-political stability.
Nor is it inevitable that other regimes will crumble. High food prices and chronic levels of unemployment affecting a young population are as evident in Saudi Arabia as they are in Egypt, but high oil prices mean the government is rolling in money and would seek to buy off the dissent. Having said that, the Saudi King Abdullah’s description of the protesters in Egypt as “infiltrators who seek to destabilise their country” shows that the Saudis will offer stick as well as carrot should the calls for regime-change spread. The current situation in the Middle East is not anomalous to that in eastern Europe in 1989 (when Mikhail Gorbachev pulled the plug by withdrawing Soviet military support) but one lesson from the end of communism is that even the most stable-looking of regimes can topple quickly in the right circumstances.
But for oil supplies to be seriously affected, the unrest would have to spread and lead to regimes willing to use their crude stocks for political purposes. There has been a spike in oil prices, but for the moment that is all it is. There are long-term reasons explaining high oil prices, but no obvious reason why events in Egypt should see the cost of crude approaching the record levels of almost $150 a barrel seen in 2008.
But what’s “obvious” does not always matter that much in financial markets, where prices are influenced by waves of over-confidence interspersed with bouts of panic. At the moment, the mood is one of supreme optimism, marked not just by a willingness to shrug off events in Egypt but also to downplay evidence of overheating in Asia and the commodity speculation encouraged by the Federal Reserve’s cheap money policy. Ironically, this will lead to even higher oil prices and even dearer food, increasing the chances of an eventual hard landing.
So where does this leave policy? Those pressing for monetary tightening argue that the lesson from 1973-74 is that once inflation becomes embedded it is awfully difficult to remove. Policy has been too loose for too long, they say. Doing nothing runs the risk of even more air being pumped into asset bubbles, which will eventually burst, leading to recession. Those arguing for policy to be left unchanged or loosened say that unions are much less powerful than in 1973 and cannot bid up the price of their labour in response to higher commodity prices. The rising cost of oil and food act in effect as a tax on consumers, they would argue, leading to deflationary pressures and eventually lower inflation. Tightening policy would simply turn a slowdown into recession, particularly in countries such as Britain, where high levels of personal debt mean individuals are vulnerable to higher interest rates. For the moment, interest rates are likely to be left unchanged but events in the Middle East have added to an already tricky policy dilemma.
In truth, it is hard to see how this ends well. The reason oil is so expensive reflects what is going on in China and the US rather than Egypt and Tunisia, but we should still be concerned. Why? Because each of the four major recessions since the early 1970s have been preceded by a leap in oil prices.
Crude facts
Oil-producing countries predicted that oil prices will continue to rise on the back of political unrest in Egypt.
A Kuwaiti oil official said the cost would rise to $110 and beyond if the key Middle East nation continued to be paralysed by protests calling for regime change. Imad al-Atiqi, a member of Kuwait’s oil policy body, said: “A huge amount of oil passes through the Suez canal and the country’s stability is essential for the Middle East’s stability, particularly Israel,” he said.
Iran’s oil minister said oil was not overpriced at the current $100 a barrel for Brent crude and he ruled out any need for the oil cartel Opec to discuss increasing quotas even if the price hit $120. Massoud Mir Kazemi, whose country holds the rotating presidency of Opec, : “Considering the dollar deprecation, $100 oil is not a significant price for this strategic product. Even with a $120 oil price, there is no need for [Opec] holding an emergency meeting.” While consumer countries are concerned about the effect on the oil price from upheaval in Egypt, hawkish producer countries such as Iran have said there is no need to increase output to calm the market.
Opec ministers and consumers will discuss oil output policy at an international energy conference in Saudi Arabia this month, but a formal decision there was unlikely, the Opec secretary general said. Opec says it has spare capacity of 6m barrels to meet lost output but would do it only when it sees a shortage in the market rather than speculator-driven rallies. For the latest updates PRESS CTR + D or visit Stock Market news Today
The Best Stock Picks Ever Fertilizer stocks look positive Astromoneyguru
The Best Stock Picks Ever Fertilizer stocks look positive Astromoneyguru : As per Lt Col Ajay Jain of www.astromoneyguru.com, February 07 is represented by planet Ketu and year 2011 represented by Rahu. Right now Rahu is with conjunctions with Venus in Dhanu rashi. While Sun is in Makar rashi with conjunction Mars and Mercury. Jupiter is in Meen Rashi. Combination of these planets may show up ward movement in Chambal Fertilizer our advance prediction for Geo-political tension around 26th Jan 2011. Now Tension is being increased in Middle East.
Impact will be on black gold. Our recommended stocks have achieved given target. It is suggested to book profit at given target under volatility. You may keep eyes on sector and stock rather then looking at Nifty and Sensex. Today keep eyes on Fertilizer, steel, oil and gas and banking front line stocks for short term trading.
Today as per financial astrology, following stocks/ commodities may be kept under observation for short term trading:
Daily prediction - Buy Chambal Fertilizer (75.25) with s/L Rs 74 target Rs 76, 77
Commodity predictions - Keep eyes on Guar seeds in spot and future trading.
Important note - Predictions are based on financial astrology. Consult your horoscope before taking any decision, Risk management is mandatory tool in electronic trading.
Disclaimer: The views and investment tips expressed by investment experts/astrologers on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Impact will be on black gold. Our recommended stocks have achieved given target. It is suggested to book profit at given target under volatility. You may keep eyes on sector and stock rather then looking at Nifty and Sensex. Today keep eyes on Fertilizer, steel, oil and gas and banking front line stocks for short term trading.
Today as per financial astrology, following stocks/ commodities may be kept under observation for short term trading:
Daily prediction - Buy Chambal Fertilizer (75.25) with s/L Rs 74 target Rs 76, 77
Commodity predictions - Keep eyes on Guar seeds in spot and future trading.
Important note - Predictions are based on financial astrology. Consult your horoscope before taking any decision, Risk management is mandatory tool in electronic trading.
Disclaimer: The views and investment tips expressed by investment experts/astrologers on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
As Egypt burns, pressure grows on economies
As Egypt burns, pressure grows on economies : It was a volatile week, with the markets witnessing mixed trends. There were no major gains made during last week, even though we saw many wild swings. Economic data from around the world was supporting the gains made in the global markets.
The rise in energy prices due to growing unrest in Egypt kept nullifying the positives. Also from the middle of this week, markets in China and Korea are shut on the back of the Lunar New Year holiday. So, cues from Japan and Australia were dominating the Asian front.
The beginning of last week was positive with the GDP growth for the 2009/10 fiscal year provisionally revised to 8 per cent from 7.4 per cent.
We also saw renewed buying in banking space, fuelled by rumours that the Finance Ministry is expected to seek cabinet approval to a proposal for giving proportionate voting rights to promoters of private sector banks.
The country's trade deficit narrowed to $2.6 billion compared with $8.9 billion in November, with HSBC Purchasing Managers Index rising in a slow pace.
The issue of Egypt is gaining strength by the day and is putting pressure on economies which are trying hard to tame their inflation, due to rising fuel prices. Also, the fear of political contagion will keep the Middle East space active, which controls the major supply of oil.
On the Asian side, Australia woke up from the worst flood in history to the deadliest cyclone Yasi which hit the country last Wednesday.
Further the meteorological department has issued warnings of flash floods in areas like Cairns and Townsville. This cyclone has left 75 per cent of the banana crop damaged and consumers are likely to pay around $13 per kg for banana while the sugar industry loss counts up to $500 million.
Sugar prices climbed considerably last week, on the back of price rise due to supply contraction expected worldwide, as Australia is the third largest exporter of sugar. One thing one should keep in mind is that domestic sugar companies will benefit marginally from the rise in global price, as our sugar exports are restricted.
Economic data from around the world was encouraging with the German unemployment rate at 7.4 per cent against 7.5 per cent, the US non-farm employment change declined to 1,87,000 from 2,47,000 while the New Zealand unemployment rate rose to 6.8 per cent against 6.4 percent.
But the US initial jobless claims declined to 4,15,000 from 4,57,000 and these employment data from around the world is indicating that the overall employment markets is showing a revival trend.
Commodity space was active throughout the week, with metal and crude leading in front. Both precious and base metals saw smart run ups, with gold prices above $1350. As manufacturing activity across the globe rushed up, the expected rise in demand helped base metals to gain with copper leading the race.
Sterlite industries gained around 8 per cent during last week and it has further potential to move up towards 185 levels in the short term.
Floods in Malaysia have caused supply disruption as the palm estates are under water and the government is meeting to decide whether it wants extra 50000 tonnes to 100000 tonnes of crude palm to meet its domestic supply shortage.
Our palm oil producers like KS Oil, Ruchi Soya etc are expected to get benefit out of this supply shortage. Crude oil is gaining further upward momentum and is likely to test 93.55 in the short term. Gold is having support at $ 1342 and $ 1326. Major target for the gold will be at $ 1375.
Nifty closed with a loss last week, and still has major support at 5,348. FII activities were evident and they were seen exiting stocks at every rally. The markets lack a reliable trend as gains made in one day are drained away the other day.
So, investors should be cautious while purchasing stocks in bulk quantities and should adopt an inverted pyramid buying strategy with a medium term perspective. Buying Nifty 5400 call options and putting options together is advisable, because increase in volatility will give decent returns to the investor.
Alex K Mathews is the author of Financial Services And Systems, as well as Option Trading: Bear Market Strategies published by Tata McGraw Hill. He is also the technical and derivatives research head of Geojit BNP Paribas Financial Services Ltd.
The author may have a vested interest in investments he has recommended. E-mail him at alex@geojit.com. Geojit BNP Paribas has membership in, and is listed on, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Disclaimer: No financial information whatsoever published anywhere in this newspaper should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever.
All matter published here is for educational and information purposes only and under no circumstances should be used for actual trading or making investment decisions.
Readers must consult a qualified financial advisor prior to making any actual investment or trading decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at his or her risk.
For the latest updates PRESS CTR + D or visit Stock Market news Today
The rise in energy prices due to growing unrest in Egypt kept nullifying the positives. Also from the middle of this week, markets in China and Korea are shut on the back of the Lunar New Year holiday. So, cues from Japan and Australia were dominating the Asian front.
The beginning of last week was positive with the GDP growth for the 2009/10 fiscal year provisionally revised to 8 per cent from 7.4 per cent.
We also saw renewed buying in banking space, fuelled by rumours that the Finance Ministry is expected to seek cabinet approval to a proposal for giving proportionate voting rights to promoters of private sector banks.
The country's trade deficit narrowed to $2.6 billion compared with $8.9 billion in November, with HSBC Purchasing Managers Index rising in a slow pace.
The issue of Egypt is gaining strength by the day and is putting pressure on economies which are trying hard to tame their inflation, due to rising fuel prices. Also, the fear of political contagion will keep the Middle East space active, which controls the major supply of oil.
On the Asian side, Australia woke up from the worst flood in history to the deadliest cyclone Yasi which hit the country last Wednesday.
Further the meteorological department has issued warnings of flash floods in areas like Cairns and Townsville. This cyclone has left 75 per cent of the banana crop damaged and consumers are likely to pay around $13 per kg for banana while the sugar industry loss counts up to $500 million.
Sugar prices climbed considerably last week, on the back of price rise due to supply contraction expected worldwide, as Australia is the third largest exporter of sugar. One thing one should keep in mind is that domestic sugar companies will benefit marginally from the rise in global price, as our sugar exports are restricted.
Economic data from around the world was encouraging with the German unemployment rate at 7.4 per cent against 7.5 per cent, the US non-farm employment change declined to 1,87,000 from 2,47,000 while the New Zealand unemployment rate rose to 6.8 per cent against 6.4 percent.
But the US initial jobless claims declined to 4,15,000 from 4,57,000 and these employment data from around the world is indicating that the overall employment markets is showing a revival trend.
Commodity space was active throughout the week, with metal and crude leading in front. Both precious and base metals saw smart run ups, with gold prices above $1350. As manufacturing activity across the globe rushed up, the expected rise in demand helped base metals to gain with copper leading the race.
Sterlite industries gained around 8 per cent during last week and it has further potential to move up towards 185 levels in the short term.
Floods in Malaysia have caused supply disruption as the palm estates are under water and the government is meeting to decide whether it wants extra 50000 tonnes to 100000 tonnes of crude palm to meet its domestic supply shortage.
Our palm oil producers like KS Oil, Ruchi Soya etc are expected to get benefit out of this supply shortage. Crude oil is gaining further upward momentum and is likely to test 93.55 in the short term. Gold is having support at $ 1342 and $ 1326. Major target for the gold will be at $ 1375.
Nifty closed with a loss last week, and still has major support at 5,348. FII activities were evident and they were seen exiting stocks at every rally. The markets lack a reliable trend as gains made in one day are drained away the other day.
So, investors should be cautious while purchasing stocks in bulk quantities and should adopt an inverted pyramid buying strategy with a medium term perspective. Buying Nifty 5400 call options and putting options together is advisable, because increase in volatility will give decent returns to the investor.
Alex K Mathews is the author of Financial Services And Systems, as well as Option Trading: Bear Market Strategies published by Tata McGraw Hill. He is also the technical and derivatives research head of Geojit BNP Paribas Financial Services Ltd.
The author may have a vested interest in investments he has recommended. E-mail him at alex@geojit.com. Geojit BNP Paribas has membership in, and is listed on, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Disclaimer: No financial information whatsoever published anywhere in this newspaper should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever.
All matter published here is for educational and information purposes only and under no circumstances should be used for actual trading or making investment decisions.
Readers must consult a qualified financial advisor prior to making any actual investment or trading decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at his or her risk.
For the latest updates PRESS CTR + D or visit Stock Market news Today
Several companies are having a torrid time at the bourses
Several companies are having a torrid time at the bourses : Last week was topsy-turvy for the markets but the BSE SENSEX managed to hold on to the 18K level by the skin of its teeth. Last Friday, the last day of trading, saw the index break the level intraday and make a low of 17.926 points, which is a significant event.
The NSE NIFTY broke the 5400 point level and this was the second consecutive week of loss, for the benchmark indices. The BSE SENSEX lost 387.82 points or 2.15 per cent to close at 18,008.15 points for the week. The NSE NIFTY lost 116.40 points or 2.16 per cent to close at 5,395.75 points.
Lost
The broader indices like the BSE 500, BSE 200 and BSE 100 lost between 2.02 and 2.03 per cent, while the BSE MIDCAP lost 2.43 per cent and the BSE SMALLCAP lost 2.58 per cent.
The big loser for the week was BSE FMCG, which lost a staggering 220.77 points or 6.87 per cent to close at 3214.30 points.
A big contributor to this fall was ITC, which lost Rs 15.40 or 10.07 per cent to close at Rs 152.90. The BSE IT
was another loser with a weekly loss of 3.21per cent at 6,258.5 points.
Torrid
BSE REALTY continues to be a loser and within the space two companies in particular are having a torrid time at the bourses. DB Realty lost Rs 10.10 or 7.22 per cent to close at Rs 139.85 while Unitech lost Rs 7.95 or 18.45 per cent to close at Rs 43.10.
These companies were allotted telecom licenses and have then sold a large part of the stake to foreign companies like Etisalat and Telenor respectively, at huge profits. These companies have been called for interrogation and the shares are likely to be under pressure going forward.
Panic
There was virtually no news on the IPO front except the fact that Tata Steel shares post the FPO have been listed and held ground on a weekly basis. There are no issues planned in the immediate future and probably the first issue could be from the Government itself.
The markets are being driven by panic and there is complete confusion currently. The good thing is that selling by foreign institutional investors has not only stopped but they have actually turned buyers in the last two days.
One hopes this is not an aberration and this becomes a trend. International news led by Egypt and local news led by 2G scam, inflation and muted attempts by various politicians and government officials to justify the same are affecting the markets. This is likely to continue for some time.
Impasse
There is a meeting between various political parties on Monday (today) to decide on the parliament impasse. I believe with the former telecom minister in CBI custody, the possibility of a JPC being instituted becomes quite likely and in the interest of democracy.
Assuming something like this happens, there is a strong possibility that markets could rise during the week and also provide a technical rally. Markets are currently oversold and a relief rally is certainly overdue and has to happen any time soon.
Markets look weak and may fall further but falling from here without recovering first look improbable. I would bet on a weak first day and either improving towards the end of Monday itself or a strong Tuesday.
Resistance
The BSE SENSEX has support at 17,726 points then at 17,356 points, then at 17,160 points and finally just below the 17K level at 16,969 points. It has resistance at 18,391 points, then at 18,542 points, then at 18,735 points, then at 18,904 points and finally at 19,006 points.
The NSE NIFTY has support at 5,324 points, then at 5,235 points, then at 5,185 points, then at 5,112 points and finally at 5,085 points. The resistance is at 5,511 points, then at 5,556 points, then at 5,605 points, then at 5,698 points and finally at 5,735 points.
Fishing
The week beginning Monday February 7 will be extremely volatile and would see huge intraday price movements. I believe, looking at the market technicals, the current political scenario that the market is likely to move up after some initial weakness.
Investors could do some bottom fishing with strict stop losses and look to make 10 per cent to 14 per cent on the upside in the short term. Traders should play the market from both sides but carrying forward shorts at the end of the day is likely to be dangerous.
Arun Kejriwal is founder of the Mumbai-based advisory firm Kejriwal Research & Investment Services Pvt Ltd. Readers are invited to read more about these and other issues on his website http://ak57.in
Disclaimer: No financial information whatsoever published anywhere in this newspaper should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever.
All matter published here is for educational and information purposes only and under no circumstances should be used for actual trading or making investment decisions.
Readers must consult a qualified financial advisor prior to making any actual investment or trading decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at his or her risk.
For the latest updates PRESS CTR + D or visit Stock Market news Today
The NSE NIFTY broke the 5400 point level and this was the second consecutive week of loss, for the benchmark indices. The BSE SENSEX lost 387.82 points or 2.15 per cent to close at 18,008.15 points for the week. The NSE NIFTY lost 116.40 points or 2.16 per cent to close at 5,395.75 points.
Lost
The broader indices like the BSE 500, BSE 200 and BSE 100 lost between 2.02 and 2.03 per cent, while the BSE MIDCAP lost 2.43 per cent and the BSE SMALLCAP lost 2.58 per cent.
The big loser for the week was BSE FMCG, which lost a staggering 220.77 points or 6.87 per cent to close at 3214.30 points.
A big contributor to this fall was ITC, which lost Rs 15.40 or 10.07 per cent to close at Rs 152.90. The BSE IT
was another loser with a weekly loss of 3.21per cent at 6,258.5 points.
Torrid
BSE REALTY continues to be a loser and within the space two companies in particular are having a torrid time at the bourses. DB Realty lost Rs 10.10 or 7.22 per cent to close at Rs 139.85 while Unitech lost Rs 7.95 or 18.45 per cent to close at Rs 43.10.
These companies were allotted telecom licenses and have then sold a large part of the stake to foreign companies like Etisalat and Telenor respectively, at huge profits. These companies have been called for interrogation and the shares are likely to be under pressure going forward.
Panic
There was virtually no news on the IPO front except the fact that Tata Steel shares post the FPO have been listed and held ground on a weekly basis. There are no issues planned in the immediate future and probably the first issue could be from the Government itself.
The markets are being driven by panic and there is complete confusion currently. The good thing is that selling by foreign institutional investors has not only stopped but they have actually turned buyers in the last two days.
One hopes this is not an aberration and this becomes a trend. International news led by Egypt and local news led by 2G scam, inflation and muted attempts by various politicians and government officials to justify the same are affecting the markets. This is likely to continue for some time.
Impasse
There is a meeting between various political parties on Monday (today) to decide on the parliament impasse. I believe with the former telecom minister in CBI custody, the possibility of a JPC being instituted becomes quite likely and in the interest of democracy.
Assuming something like this happens, there is a strong possibility that markets could rise during the week and also provide a technical rally. Markets are currently oversold and a relief rally is certainly overdue and has to happen any time soon.
Markets look weak and may fall further but falling from here without recovering first look improbable. I would bet on a weak first day and either improving towards the end of Monday itself or a strong Tuesday.
Resistance
The BSE SENSEX has support at 17,726 points then at 17,356 points, then at 17,160 points and finally just below the 17K level at 16,969 points. It has resistance at 18,391 points, then at 18,542 points, then at 18,735 points, then at 18,904 points and finally at 19,006 points.
The NSE NIFTY has support at 5,324 points, then at 5,235 points, then at 5,185 points, then at 5,112 points and finally at 5,085 points. The resistance is at 5,511 points, then at 5,556 points, then at 5,605 points, then at 5,698 points and finally at 5,735 points.
Fishing
The week beginning Monday February 7 will be extremely volatile and would see huge intraday price movements. I believe, looking at the market technicals, the current political scenario that the market is likely to move up after some initial weakness.
Investors could do some bottom fishing with strict stop losses and look to make 10 per cent to 14 per cent on the upside in the short term. Traders should play the market from both sides but carrying forward shorts at the end of the day is likely to be dangerous.
Arun Kejriwal is founder of the Mumbai-based advisory firm Kejriwal Research & Investment Services Pvt Ltd. Readers are invited to read more about these and other issues on his website http://ak57.in
Disclaimer: No financial information whatsoever published anywhere in this newspaper should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever.
All matter published here is for educational and information purposes only and under no circumstances should be used for actual trading or making investment decisions.
Readers must consult a qualified financial advisor prior to making any actual investment or trading decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at his or her risk.
For the latest updates PRESS CTR + D or visit Stock Market news Today
international companies look to Hong Kong for a listing
international companies look to Hong Kong for a listing : Started by the likes of Rusal, IRC and L'Occitane last year, this trend is expected to gather pace in 2011 as suggested by the upcoming IPOs of Prada and Glencore.
Hong Kong has been quiet in terms of new listings so far this year. Six companies have completed initial public offerings, but together they have raised only $247 million and the largest deal was only about $90 million. But bankers say they are confident that 2011 will be another blockbuster year for Hong Kong in terms of equity volumes overall and stress that IPO pipelines are looking very similar to those a year ago.
One theme that began last year and is expected to gather pace this year is the listing of international companies in Hong Kong. And while this is perhaps not the trend that will make 2011 another record year for new listings, there is clearly a lot of buzz surrounding it right now and bankers claim to be having ongoing discussions with numerous companies that are pondering a listing in Hong Kong.
Already, Italian fashion designer Prada has confirmed, through a statement in late January, that it is aiming to list in Hong Kong this year, following several months of speculation to that effect. The Milan-based company said it has mandated Italian investment banks Intesa Sanpaolo and UniCredit together with CLSA and Goldman Sachs to help arrange the deal.
And, earlier in the same week, sources said that Glencore International, the world’s largest commodities trader and the owner of a controlling stake in Swiss mining company Xstrata, is seeking to list in Hong Kong and London, with the primary listing set to be in Hong Kong. The company, which has an estimated equity value of $50 billion to $60 billion, has mandated Citi, Credit Suisse and Morgan Stanley to help arrange the IPOs that are currently targeted for the second or third quarter.
These two listing candidates are perfect examples of the types of companies that are expected to lead this trend – branded consumer product companies, and commodities and resources companies. The former are looking to tap into their growing customer base in Greater China and Asia as potential investors as well as buyers of their clothes, handbags, cosmetics, or whatever, while the latter are typically seeking to establish a stronger link with China as the country’s demand for commodities grows.
Russian aluminium producer United Company Rusal, which last January became the very first non-Asian company to list in Hong Kong, set the ball rolling in terms of commodities companies, and while its $2.24 billion IPO wasn’t exactly smooth and the share price took almost 10 months to edge above the IPO price, it did prove that the Hong Kong market is deep enough to absorb non-Chinese companies. It has since been followed by a few other non-Chinese commodities plays, primarily mining companies, including IRC Limited, a London-headquartered iron ore company with mines in the Russian regions bordering China; Canada-based coal miner SouthGobi Energy Resources, which has all its assets in Mongolia; and Mongolian coal miner Mongolia Mining Corp.
In December last year, Brazil’s Vale, the largest iron ore producer and second largest diversified mining company in the world, also started trading in Hong Kong although it listed through an introduction, meaning it didn’t sell any new shares.
So far, Hong Kong has seen only one consumer products company list – French cosmetics and skincare brand L’Occitane International, which raised $787 million from a highly popular IPO in late April last year. That deal, which priced at a premium to global peers like l’Oreal and Estee Lauder and traded well in the aftermarket, sparked a lot of interest among other global brands in a Hong Kong listing and, while it may be too strong to say that L’Occitane was a “trigger” for the discussions that are currently underway, it certainly helped make other potential issuers more comfortable with the idea of a Hong Kong listing.
Aside from Prada, other global brands supposedly considering a Hong Kong listing include: Samsonite; Moncler, a French designer of high-end down jackets and sportswear that is 48% owned by the Carlyle Group; and Yum Brands, the US fast-food giant whose brands include KFC, Pizza Hut and Taco Bell.
Indeed, some bankers expect consumer products companies, rather than commodities companies, to be the major driver in terms of non-Asian listings.
“I see the dotted lines connect quicker with consumer retail companies, because there is a very strong interest from both regional institutional investors and retail investors to participate in businesses that they are also the customers of,” said one Hong Kong-based banker. This is also positive in terms of achieving sustainable valuations, since “people make the best investment decisions when they are close to the story and understand the asset,” he added.
The investor interest is clearly a key reason why this trend has finally started to gather momentum after years of effort by the Hong Kong Exchanges and Clearing to market Hong Kong as a listing destination for non-Chinese companies (as a way to diversify revenues in case more Chinese companies decide to list in Shanghai in the future). And, according to bankers, global investors generally have confidence in the transparency and disclosure policies in Hong Kong, which makes them comfortable to invest their money here.
“The pool of capital within Asia that is buying IPOs has increased significantly in recent years,” said another banker. In addition to the mutual funds, pension funds, insurance companies and hedge funds, frequent IPO investors in the region now also include sovereign wealth funds, QDII funds in China and other domestic players allocating capital away from domestic assets.
The depth and liquidity of the Hong Kong market has been proven again and again through its ability to absorb large IPOs, like last year’s $20.5 billion offering by AIA and the $12 billion that Agricultural Bank of China raised from the H-share portion of its dual listing. And Hong Kong was again the largest IPO market in the world in 2010 with about $57 billion raised from new listings, according to PricewaterhouseCoopers. Helping to support this is the large number of retail investors in Hong Kong, who are highly active in IPOs – particularly those focusing on the consumer retail sector. The retail portion on such deals are often hundreds of times subscribed, triggering automatic clawbacks that can increase the size of the retail tranche from 10% at the outset to as much as 50%.
“The 50% IPO clawback creates a market dynamic that is fairly unique. It gives retail investors equal treatment [to institutional investors] and that is positive as they have demonstrated stickiness in the market over the past few years,” said the Hong Kong-based banker.
Clearly, though, the idea of listing outside their home market or one of the other traditional trading hubs like London or New York is no longer foreign to many issuers.
In Bank of New York Mellon’s annual investor relations survey, which was published in October last year, 22% of the 371 responding companies said they are considering a secondary listing in an emerging market outside their home country. And among those firms, 70% said a listing in China or Hong Kong would be of strategic interest to them.
In addition to a primary listing in Hong Kong, international companies that already have a listing elsewhere, now also have the possibility to list in Hong Kong through the use of Hong Kong depositary receipts (HDRs). So far, only Vale has taken advantage of this opportunity, although as noted earlier, the Brazilian company chose not to issue any new shares. As a result, the trading volumes in that stock have so far been very thin. On the first day 187,500 shares changed hands, but since then the daily volume has declined substantially and is now routinely below 20,000 shares per day, which translates into a turnover of less than $720,000.
However, Gregory Roath, who is head of Asia-Pacific depositary receipts at Bank of New York Mellon, still argues that the Vale listing was an important first step.
“The listing itself was good in that it validated the HDR structure. There were some questions in the market as to whether [HDRs] would be possible or feasible and the Vale listing put an end to that. Having a company such as Vale is also beneficial, I think, in connecting the BRIC markets, he said. “Certainly an HDR with an offer would have injected liquidity immediately…but Vale may be more interested in the strategic value of a listing here as opposed to the absolute trading volume.”
One other non-Asian company listed through an introduction last year, although the reason for that listing was a bit different. Indeed, UK insurance company Prudential, which is already listed in London and New York, listed in Hong Kong in mid-May while it was attempting to acquire AIA. The intention was for investors to be able to buy Hong Kong-listed shares to support the massive rights issue that was in the works to fund the deal and for investors in the region to gain exposure to AIA through the Prudential shares once the takeover was completed. However, the deal collapsed when Prudential’s existing shareholder decided that the price was too steep and the Prudential shares in Hong Kong became unnecessary and unwanted. They too see very little trading.
Hopefully these two cases will show issuers the importance of having sufficient liquidity in their stocks, and the best way to achieve that is to do a share offer in connection with the listing. According to bankers, most issuers they are talking to are aware of this and are likely to opt for that route – whether they choose to list via common shares or HDRs.
If they do, this could indeed prove to be an important development in the Hong Kong market. For the latest updates PRESS CTR + D or visit Stock Market news Today
Hong Kong has been quiet in terms of new listings so far this year. Six companies have completed initial public offerings, but together they have raised only $247 million and the largest deal was only about $90 million. But bankers say they are confident that 2011 will be another blockbuster year for Hong Kong in terms of equity volumes overall and stress that IPO pipelines are looking very similar to those a year ago.
One theme that began last year and is expected to gather pace this year is the listing of international companies in Hong Kong. And while this is perhaps not the trend that will make 2011 another record year for new listings, there is clearly a lot of buzz surrounding it right now and bankers claim to be having ongoing discussions with numerous companies that are pondering a listing in Hong Kong.
Already, Italian fashion designer Prada has confirmed, through a statement in late January, that it is aiming to list in Hong Kong this year, following several months of speculation to that effect. The Milan-based company said it has mandated Italian investment banks Intesa Sanpaolo and UniCredit together with CLSA and Goldman Sachs to help arrange the deal.
And, earlier in the same week, sources said that Glencore International, the world’s largest commodities trader and the owner of a controlling stake in Swiss mining company Xstrata, is seeking to list in Hong Kong and London, with the primary listing set to be in Hong Kong. The company, which has an estimated equity value of $50 billion to $60 billion, has mandated Citi, Credit Suisse and Morgan Stanley to help arrange the IPOs that are currently targeted for the second or third quarter.
These two listing candidates are perfect examples of the types of companies that are expected to lead this trend – branded consumer product companies, and commodities and resources companies. The former are looking to tap into their growing customer base in Greater China and Asia as potential investors as well as buyers of their clothes, handbags, cosmetics, or whatever, while the latter are typically seeking to establish a stronger link with China as the country’s demand for commodities grows.
Russian aluminium producer United Company Rusal, which last January became the very first non-Asian company to list in Hong Kong, set the ball rolling in terms of commodities companies, and while its $2.24 billion IPO wasn’t exactly smooth and the share price took almost 10 months to edge above the IPO price, it did prove that the Hong Kong market is deep enough to absorb non-Chinese companies. It has since been followed by a few other non-Chinese commodities plays, primarily mining companies, including IRC Limited, a London-headquartered iron ore company with mines in the Russian regions bordering China; Canada-based coal miner SouthGobi Energy Resources, which has all its assets in Mongolia; and Mongolian coal miner Mongolia Mining Corp.
In December last year, Brazil’s Vale, the largest iron ore producer and second largest diversified mining company in the world, also started trading in Hong Kong although it listed through an introduction, meaning it didn’t sell any new shares.
So far, Hong Kong has seen only one consumer products company list – French cosmetics and skincare brand L’Occitane International, which raised $787 million from a highly popular IPO in late April last year. That deal, which priced at a premium to global peers like l’Oreal and Estee Lauder and traded well in the aftermarket, sparked a lot of interest among other global brands in a Hong Kong listing and, while it may be too strong to say that L’Occitane was a “trigger” for the discussions that are currently underway, it certainly helped make other potential issuers more comfortable with the idea of a Hong Kong listing.
Aside from Prada, other global brands supposedly considering a Hong Kong listing include: Samsonite; Moncler, a French designer of high-end down jackets and sportswear that is 48% owned by the Carlyle Group; and Yum Brands, the US fast-food giant whose brands include KFC, Pizza Hut and Taco Bell.
Indeed, some bankers expect consumer products companies, rather than commodities companies, to be the major driver in terms of non-Asian listings.
“I see the dotted lines connect quicker with consumer retail companies, because there is a very strong interest from both regional institutional investors and retail investors to participate in businesses that they are also the customers of,” said one Hong Kong-based banker. This is also positive in terms of achieving sustainable valuations, since “people make the best investment decisions when they are close to the story and understand the asset,” he added.
The investor interest is clearly a key reason why this trend has finally started to gather momentum after years of effort by the Hong Kong Exchanges and Clearing to market Hong Kong as a listing destination for non-Chinese companies (as a way to diversify revenues in case more Chinese companies decide to list in Shanghai in the future). And, according to bankers, global investors generally have confidence in the transparency and disclosure policies in Hong Kong, which makes them comfortable to invest their money here.
“The pool of capital within Asia that is buying IPOs has increased significantly in recent years,” said another banker. In addition to the mutual funds, pension funds, insurance companies and hedge funds, frequent IPO investors in the region now also include sovereign wealth funds, QDII funds in China and other domestic players allocating capital away from domestic assets.
The depth and liquidity of the Hong Kong market has been proven again and again through its ability to absorb large IPOs, like last year’s $20.5 billion offering by AIA and the $12 billion that Agricultural Bank of China raised from the H-share portion of its dual listing. And Hong Kong was again the largest IPO market in the world in 2010 with about $57 billion raised from new listings, according to PricewaterhouseCoopers. Helping to support this is the large number of retail investors in Hong Kong, who are highly active in IPOs – particularly those focusing on the consumer retail sector. The retail portion on such deals are often hundreds of times subscribed, triggering automatic clawbacks that can increase the size of the retail tranche from 10% at the outset to as much as 50%.
“The 50% IPO clawback creates a market dynamic that is fairly unique. It gives retail investors equal treatment [to institutional investors] and that is positive as they have demonstrated stickiness in the market over the past few years,” said the Hong Kong-based banker.
Clearly, though, the idea of listing outside their home market or one of the other traditional trading hubs like London or New York is no longer foreign to many issuers.
In Bank of New York Mellon’s annual investor relations survey, which was published in October last year, 22% of the 371 responding companies said they are considering a secondary listing in an emerging market outside their home country. And among those firms, 70% said a listing in China or Hong Kong would be of strategic interest to them.
In addition to a primary listing in Hong Kong, international companies that already have a listing elsewhere, now also have the possibility to list in Hong Kong through the use of Hong Kong depositary receipts (HDRs). So far, only Vale has taken advantage of this opportunity, although as noted earlier, the Brazilian company chose not to issue any new shares. As a result, the trading volumes in that stock have so far been very thin. On the first day 187,500 shares changed hands, but since then the daily volume has declined substantially and is now routinely below 20,000 shares per day, which translates into a turnover of less than $720,000.
However, Gregory Roath, who is head of Asia-Pacific depositary receipts at Bank of New York Mellon, still argues that the Vale listing was an important first step.
“The listing itself was good in that it validated the HDR structure. There were some questions in the market as to whether [HDRs] would be possible or feasible and the Vale listing put an end to that. Having a company such as Vale is also beneficial, I think, in connecting the BRIC markets, he said. “Certainly an HDR with an offer would have injected liquidity immediately…but Vale may be more interested in the strategic value of a listing here as opposed to the absolute trading volume.”
One other non-Asian company listed through an introduction last year, although the reason for that listing was a bit different. Indeed, UK insurance company Prudential, which is already listed in London and New York, listed in Hong Kong in mid-May while it was attempting to acquire AIA. The intention was for investors to be able to buy Hong Kong-listed shares to support the massive rights issue that was in the works to fund the deal and for investors in the region to gain exposure to AIA through the Prudential shares once the takeover was completed. However, the deal collapsed when Prudential’s existing shareholder decided that the price was too steep and the Prudential shares in Hong Kong became unnecessary and unwanted. They too see very little trading.
Hopefully these two cases will show issuers the importance of having sufficient liquidity in their stocks, and the best way to achieve that is to do a share offer in connection with the listing. According to bankers, most issuers they are talking to are aware of this and are likely to opt for that route – whether they choose to list via common shares or HDRs.
If they do, this could indeed prove to be an important development in the Hong Kong market. For the latest updates PRESS CTR + D or visit Stock Market news Today
how to put codes on action replay dsi
how to put codes on action replay dsi : Message me for custom game helps and codes! Only for DS, unless you want to give me your Wii!
Download Latest File Now: www.dengee.net OR: sharecash.org OR: uploadables.com OR: fileups.net You need to do a survey, takes 1 minute. Download times: 448 Click here to the Call of Duty Black Ops Wager Match Trailer [HD] Call of Duty: Black Ops Multiplayer Gameplay – Hutch Plays Team Deathmatch Part 1 Team Respawn took a first look at Call of Duty: Read More...
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* action replay dsi says waiting for memory card windows vista
For the latest updates PRESS CTR + D or visit Stock Market news Today
Download Latest File Now: www.dengee.net OR: sharecash.org OR: uploadables.com OR: fileups.net You need to do a survey, takes 1 minute. Download times: 448 Click here to the Call of Duty Black Ops Wager Match Trailer [HD] Call of Duty: Black Ops Multiplayer Gameplay – Hutch Plays Team Deathmatch Part 1 Team Respawn took a first look at Call of Duty: Read More...
Incoming search terms:
* صورزب وكس
* how to put codes on action replay dsi
* action replay dsi download codes without memory card
* how to make ardsi codes work on a dsi
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* How to add cheats on dsi action replay on memory card
* how do you add codes to action replay dsi for heartgold
* codelist error golden sun dark dawn
* action replay dsi says waiting for memory card windows vista
For the latest updates PRESS CTR + D or visit Stock Market news Today
How to add cheats on dsi action replay on memory card
How to add cheats on dsi action replay on memory card ; my just keeps on saying waiting for action replay card ... says waiting for action replay card what do i do im trying to add cheats to my soul siver can someone ... Can the memory card be any kind ( ie a camera sd card)
For the latest updates PRESS CTR + D or visit Stock Market news Today
wii trade in value gamestop 2011
wii trade in value gamestop 2011 ; Okay i want to trade my wii in at gamestop(IK they are a rip off) but i would like to know how much so i dont have to do it online. i have 12 games and 2 wii motes and 2 nunchucks.
BTW i am planning on doing ebay but wanna know how much i will get for the wii at gamestop. i also got a DS LITE. and like 4 games here are the games could you tell me the Prices ill give u easy 10 points on
Game Trader: 2011 Stocks Outlook
2010 provided a great opportunity to invest in some gaming companies. We also saw the beginning of tectonic shifts in content delivery as emerging platforms along with mobile and social gaming came to the forefront as industry growth drivers. As 2011 kicks off, we would like to revisit our post-E3 stock ratings and add one more company to our coverage universe. We will also take a broader view of the U.S. equities market. Read More...
Adieu, Playstation 2 – Alexander Lucard
With no new titles in development or anything scheduled for publication in 2011, we can now officially declare Sony’s Playstation 2 dead. It becomes one of the longest lasting systems of all time, outlasted only by consoles like the Neo*Geo and its original arch-rival, the Sega Dreamcast (which still has games on tap for 2k11). To celebrate the life of the Playstation 2, Diehard GameFAN staff members will be presenting their list of their ten favorite games for the PS2.Read More...
SFX Supervisor - Jason Troughton The Art of the Invisible
While VFX may beguile the eye in modern filmmaking, it’s practical effects that lend an unmatched texture and realism. The special effects supervisor of Peter Weir’s The Way Back explains why SFX are still alive and well. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
BTW i am planning on doing ebay but wanna know how much i will get for the wii at gamestop. i also got a DS LITE. and like 4 games here are the games could you tell me the Prices ill give u easy 10 points on
Game Trader: 2011 Stocks Outlook
2010 provided a great opportunity to invest in some gaming companies. We also saw the beginning of tectonic shifts in content delivery as emerging platforms along with mobile and social gaming came to the forefront as industry growth drivers. As 2011 kicks off, we would like to revisit our post-E3 stock ratings and add one more company to our coverage universe. We will also take a broader view of the U.S. equities market. Read More...
Adieu, Playstation 2 – Alexander Lucard
With no new titles in development or anything scheduled for publication in 2011, we can now officially declare Sony’s Playstation 2 dead. It becomes one of the longest lasting systems of all time, outlasted only by consoles like the Neo*Geo and its original arch-rival, the Sega Dreamcast (which still has games on tap for 2k11). To celebrate the life of the Playstation 2, Diehard GameFAN staff members will be presenting their list of their ten favorite games for the PS2.Read More...
SFX Supervisor - Jason Troughton The Art of the Invisible
While VFX may beguile the eye in modern filmmaking, it’s practical effects that lend an unmatched texture and realism. The special effects supervisor of Peter Weir’s The Way Back explains why SFX are still alive and well. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Analysis Published for YONG, IMSC, ZOLT, and CERS at Small Cap Network
Analysis Published for YONG, IMSC, ZOLT, and CERS at Small Cap Network : The Small Cap Network, an online community of small cap stock and penny stock traders, is currently featuring trading outlooks for Zoltek Companies, Inc. (NASDAQ:ZOLT), penny stock Implant Sciences, Corporation (OTC:IMSC), Cerus Corporation (NASDAQ:CERS), and Yongye International, Inc. (NASDAQ:YONG). Opinions and outlooks for each stock, whether they be technical or fundamental, are publicly available at the website. Interested parties should note that the commentaries are not necessarily bullish.
Investors and traders can receive all the site’s trading ideas and market insights by subscribing to the free Small Cap Network Newsletter. Go to: http://access.smallcapnetwork.com/t/.
About SmallCapNetwork
The Small Cap Network is one of the web’s leading small cap stock trading communities. While large caps tend to receive the majority of media attention, small and micro cap stocks as well as penny stocks can often offer the most potential for investment gains. The Small Cap Network web site and free newsletter offer in-depth fundamental research and technical trading recommendations on select companies within the global equity markets, including small cap stocks , micro cap stocks, bulletin board stocks, and actively traded penny stocks.
SmallCapNetwork.com’s commentary and trading ideas are based on a combination of fundamental analysis, company news and events, technical analysis, market analysis, and economic analysis. This combination of several kinds of criteria allows the site’s analysts to find the very best trading ideas, which is why the site is quickly becoming the premier web destination for those seeking superior returns.
Forward-Looking Statement: This press release may include or imply “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
SmallCapNetwork.com is not a registered investment advisers or broker/dealer. SmallCapNetwork.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for many of their securities, investing in such securities is highly speculative and carries a high degree of risk.
Contact Information:
Small Cap Network
4653 Carmel Mtn. Rd
Suite 308 #402
San Diego, CA 92130
Source: Small Cap Network For the latest updates PRESS CTR + D or visit Stock Market news Today
Investors and traders can receive all the site’s trading ideas and market insights by subscribing to the free Small Cap Network Newsletter. Go to: http://access.smallcapnetwork.com/t/.
About SmallCapNetwork
The Small Cap Network is one of the web’s leading small cap stock trading communities. While large caps tend to receive the majority of media attention, small and micro cap stocks as well as penny stocks can often offer the most potential for investment gains. The Small Cap Network web site and free newsletter offer in-depth fundamental research and technical trading recommendations on select companies within the global equity markets, including small cap stocks , micro cap stocks, bulletin board stocks, and actively traded penny stocks.
SmallCapNetwork.com’s commentary and trading ideas are based on a combination of fundamental analysis, company news and events, technical analysis, market analysis, and economic analysis. This combination of several kinds of criteria allows the site’s analysts to find the very best trading ideas, which is why the site is quickly becoming the premier web destination for those seeking superior returns.
Forward-Looking Statement: This press release may include or imply “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
SmallCapNetwork.com is not a registered investment advisers or broker/dealer. SmallCapNetwork.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for many of their securities, investing in such securities is highly speculative and carries a high degree of risk.
Contact Information:
Small Cap Network
4653 Carmel Mtn. Rd
Suite 308 #402
San Diego, CA 92130
Source: Small Cap Network For the latest updates PRESS CTR + D or visit Stock Market news Today
american citizen looking for online brokerage account abroad
american citizen looking for online brokerage account abroad : Is there an online Trading company for american citizens with a permanent residence abroad?
Hi. I live in Greece and would like to start trading in the US stock markets. I have tried searching for an online broker however all of them need you to be a US resident, something i'm not.
Best Answer
try scottrade are etrade, i think etrade has a global trading account
Incoming search terms for the article:
* american citizen looking for online brokerage account abroad
* us citizens online trading
* trading account abroad
* stock broker for overseas americans
* online trading for us residents
* online trading for us citizens
* online trading abroad
* How can I open broker account abroad?
* forex us citizens
* Forex Trading for US citizens overseas For the latest updates PRESS CTR + D or visit Stock Market news Today
Hi. I live in Greece and would like to start trading in the US stock markets. I have tried searching for an online broker however all of them need you to be a US resident, something i'm not.
Best Answer
try scottrade are etrade, i think etrade has a global trading account
Incoming search terms for the article:
* american citizen looking for online brokerage account abroad
* us citizens online trading
* trading account abroad
* stock broker for overseas americans
* online trading for us residents
* online trading for us citizens
* online trading abroad
* How can I open broker account abroad?
* forex us citizens
* Forex Trading for US citizens overseas For the latest updates PRESS CTR + D or visit Stock Market news Today
How to Trading pokemon in heart gold and soul silver
How to Trading pokemon in heart gold and soul silver : I will trade you any SS pokemon for a gligar or a donphan but i dont no how to trade i go into that room but no 1 is there for me to trade with them so can one of you guys?
go to the global trade station - which is like a rather odd matchmaking service, where you offer a pokemon and specify what you wish to have in return. If available the trade is made there and then - if not the pokemon is sent online, where it will remain until a suitable trade is found or you remove it. (here you can also search for pokemon, and it will show what the other trainers want in return).
you can trade with another person (who is with you - not online) with a DS and game on the mezzanine floor of the pokemon centre
Downstairs you can trade with your friends in your Pal Pad. You will need to register them first, by adding their friend code. This means you can connect over the internet (with wifi) to trade.
Incoming search terms for the article:
* pokemon heart gold online trading
* www jointeamrocket com
* where is the online trading in pokemon heart gold
* pokemon trading community
* pokemon heartgold online trading
* pokemon heart gold trading online
* online trading pokemon heart gold
* online trading in heart gold
* online community for pokemon heart gold
* heartgold trading online For the latest updates PRESS CTR + D or visit Stock Market news Today
go to the global trade station - which is like a rather odd matchmaking service, where you offer a pokemon and specify what you wish to have in return. If available the trade is made there and then - if not the pokemon is sent online, where it will remain until a suitable trade is found or you remove it. (here you can also search for pokemon, and it will show what the other trainers want in return).
you can trade with another person (who is with you - not online) with a DS and game on the mezzanine floor of the pokemon centre
Downstairs you can trade with your friends in your Pal Pad. You will need to register them first, by adding their friend code. This means you can connect over the internet (with wifi) to trade.
Incoming search terms for the article:
* pokemon heart gold online trading
* www jointeamrocket com
* where is the online trading in pokemon heart gold
* pokemon trading community
* pokemon heartgold online trading
* pokemon heart gold trading online
* online trading pokemon heart gold
* online trading in heart gold
* online community for pokemon heart gold
* heartgold trading online For the latest updates PRESS CTR + D or visit Stock Market news Today
Trading pokemon in heart gold and soul silver
Trading pokemon in heart gold and soul silver ; Since heart gold and soul silver will be coming out soon I was just wondering if you could trade with diamond and pearl right from the start of the game or wait until you beat the game and get the national dex.
You have to get the Pokedex, and capture at least one Pokemon first. Then you can trade to your heart's content. For the latest updates PRESS CTR + D or visit Stock Market news Today
You have to get the Pokedex, and capture at least one Pokemon first. Then you can trade to your heart's content. For the latest updates PRESS CTR + D or visit Stock Market news Today
Forex Online Currency Trading is a Popular Way to Earn Money
Forex Online Currency Trading is a Popular Way to Earn Money : Forex online currency trading is one of the most popular means of earning money among Americans. Each day, trillions of dollars are being made by dealers all over the world. It is popular because trading is done online and anyone with the interest can be a part of forex online currency trading from anywhere, as long as they have a computer and internet access.
There are many forex online currency trading websites on the internet. These websites are major sources of learning to newcomers to forex trading. These websites hold seminars in order to educate new traders on various aspects of forex online currency trading. Such websites are also home to a large number of articles on forex trading, such as currency converters, forex calculators, forex robots, and many more.
Many companies let new dealers open training forex accounts online. The company provides a real online forex account along with a certain amount of money which the new trader can make use of, in order to do forex trading. The company gets a certain share only if the dealer makes any money through the new account. This type of forex online currency trading attracts new people to forex trading.
Forex trading software systems are another important aspect of forex online currency trading. Such software systems study the market trends and do the thinking for the dealer. They present the trader with a number of suggestions on how to make best advantage of a market situation in the order of least risk. These systems are a great way to make money online as they are almost risk free and require only limited assistance.
Forex online currency trading is much more popular than the stock market. Unlike the forex market, which operates 24 hours a day, the stock market works only for 6 ½ hours a day. Therefore the dealers in the stock market, who might have other jobs, have to make their deals while they are working. In forex online currency trading the dealers can make deals at any time of the day from any place they want. Forex market is also high in liquidity and has more volume than any stock market in the world.
When dealing in the forex market it should be borne in mind that it involves a risk, even though forex trading systems say otherwise. There is no system that is 100% risk free. Before you venture out into the forex market, it is advisable to take some forex lessons from a good source. Since it is always the good side of things that you are likely to hear, do keep in mind that even though many people have made millions in the forex market, an equal amount of people, or more, have lost all their hard earned cash in the forex market, so caution is definitely in order.
Learn about the fascinating world of penny stock investing in the “Explore Penny Stock Investing” blog, where you’ll find a wealth of information and news about all aspects of investing in penny stocks, from buying and selling penny stocks, to doing prudent penny stock research to safeguard your interests. For the latest updates PRESS CTR + D or visit Stock Market news Today
There are many forex online currency trading websites on the internet. These websites are major sources of learning to newcomers to forex trading. These websites hold seminars in order to educate new traders on various aspects of forex online currency trading. Such websites are also home to a large number of articles on forex trading, such as currency converters, forex calculators, forex robots, and many more.
Many companies let new dealers open training forex accounts online. The company provides a real online forex account along with a certain amount of money which the new trader can make use of, in order to do forex trading. The company gets a certain share only if the dealer makes any money through the new account. This type of forex online currency trading attracts new people to forex trading.
Forex trading software systems are another important aspect of forex online currency trading. Such software systems study the market trends and do the thinking for the dealer. They present the trader with a number of suggestions on how to make best advantage of a market situation in the order of least risk. These systems are a great way to make money online as they are almost risk free and require only limited assistance.
Forex online currency trading is much more popular than the stock market. Unlike the forex market, which operates 24 hours a day, the stock market works only for 6 ½ hours a day. Therefore the dealers in the stock market, who might have other jobs, have to make their deals while they are working. In forex online currency trading the dealers can make deals at any time of the day from any place they want. Forex market is also high in liquidity and has more volume than any stock market in the world.
When dealing in the forex market it should be borne in mind that it involves a risk, even though forex trading systems say otherwise. There is no system that is 100% risk free. Before you venture out into the forex market, it is advisable to take some forex lessons from a good source. Since it is always the good side of things that you are likely to hear, do keep in mind that even though many people have made millions in the forex market, an equal amount of people, or more, have lost all their hard earned cash in the forex market, so caution is definitely in order.
Learn about the fascinating world of penny stock investing in the “Explore Penny Stock Investing” blog, where you’ll find a wealth of information and news about all aspects of investing in penny stocks, from buying and selling penny stocks, to doing prudent penny stock research to safeguard your interests. For the latest updates PRESS CTR + D or visit Stock Market news Today
best indian brokerage firm for online trading
best indian brokerage firm for online trading : ICICI Direct – are you wondering what all these are? These are just a few names of some of the best brokerage houses in India that help non-residents (NRIs) to trade in the Indian Share Market. And thanks to technology, online share trading has become one of the easiest things to do IF you have the right brokers helping you. According to us, the following brokerage houses are the best:
1) nriinvestindia.com
2) timesofmoney.com
3) nricapital.com
4) nriinvestmentsindia.com
5) ICICI Direct
Having said so, we would also like to warn you that we have only taken into account the ONLINE trading resources these companies offer. We do not take any guarantee or responsibility of their OFFLINE trading facilities. However, for investing in Initial Public Offerings (IPO), we feel ’sharekhan’ is best as it allows clients to place orders till 2-3 p.m. on the final day of subscription of IPOs.
Friends and clients alike often ask us as to how they can start investing in the Stock Market directly. Investing in stock market is very simple, more so if you follow the four simple steps given below for the same:
Step 1: Apply for a PAN online if you do not have one and you will get your PAN within a week.
Step 2: You will need a bank account for trading in the stock market. A HDFC Bank NRI Account is recommended.
Step 3: Once you have a PAN card, open a demat account (this is necessary for trading) with any bank or a brokerage firm.
Step 4: Lastly, you need to have an online stock market trading account for investing in the stock market directly.
Please note that its important to link your bank account, demat account and online trading account. The online trading account and demat account may be opened with the same brokerage firm and the firm may be given power of attorney to operate your bank account as this would save you the paperwork. We would also like to warn you about the fact that investment brings with it risks. Please be careful while investing else your entire capital money will be washed away. Investors can now also invest in IPOs by the click of a button thanks to technology. An overview of NRI Services and about the Indian Share market wouldn’t be out of place here.
The Indian Share Market has 22 regional exchanges, in addition to the Bombay Stock Exchange (BSE) and National Stock Exchange of India Ltd. (NSE) – the two primary and pivotal exchange houses of India. The BSE and NSE together account for almost 80% of the equity trade in India. The average daily turnover has increased from Rs.851 crore in 1997-98 to Rs.2, 273 crore in 1999-2000. While the NSE has a total of 1,500 shares having a market capitalisation of Rs.9, 215 billion, the BSE has a total of 6,000 shares having a market capitalisation of Rs.9, 680 billion! Mostly, almost all the stocks are available on both and hence the investor can buy stock from either. Also both having a different settlement cycle, the investor can shift his position as per convenience. The BSE Sensex (primary index of BSE) comprises thirty stocks while the Nifty (primary index of NSE) comprises fifty. However, it’s the BSE Sensex that’s more widely followed. Both BSE Sensex and Nifty are calculated on the basis of market capitalisation and contain the heavily traded shares from key sectors. Please note that the market is closed on Saturdays and Sundays. For the convenience of investors, both BSE and NSE have switched over to an automated computerised mode of trading known as BSE On Line Trading (BOLT) and National Exchange Automated Trading (NEAT).
The stocks traded on BSE have been classified into the following groups:
Group A: Shares in the carry forward system (Badla)
Group C: Odd securities in group A, B1 and B2 and Rights renunciations.
Group F: Represents debt market segment (fixed income securities)
Group Z: Blacklisted companies
The Securities and Exchange Board of India (SEBI) governs the stock exchanges, depositories, depository participants, mutual funds, etc.
ROLLING SETTLEMENT CYCLE:
A rolling settlement is typical to each trading day being taken as a trading period. Trades executed during the day are settled based on net obligations for the day. At NSE and BSE, trades in rolling settlement are traded on a T+2 basis, that is the second working day. For example, trades taking place on Monday are settled on Wednesday, those taking place on Tuesday are settled on Thursday and so on. All intervening holidays, Saturdays, Sundays, Bank holidays, Government holidays etc are excluded for arriving at the settlement.
Going Short:
Selling off your shares is known as ‘going short’. Generally an investor would do so if he expects the prices to decline. In a rolling settlement cycle you will have to cover by end of the day on which you have gone short.
Concept of Margin Trading:
To buy share you need money and to sell you need shares in your demat account. But if you do not have the full amount or shares, you have to cover your sale/purchase transaction by a sale/purchase transaction before the close of the settlement cycle. You will make a profit in case the price during the settlement moves in your favour (increases if you are buying the shares and decreases if you are selling) and you will receive the payment from the exchange. If the contrary happens you will suffer a loss and you will have to pay the exchange. It is for this reason that margins (quotes as a percentage of the value of the transaction) are collected to safeguard against any adverse price movement.
Myself Aditya Sharma (Sr.Investment Advisor), and I work for a NRI Investment company (www.NriInvestIndia.com) that helps NRIs, PIOs and OCIs to invest in India’s top mutual funds.
Here at NriInvestIndia.com we focus in delivering value service to our NRI clients when it comes to their investments in the Indian stock markets – NSE & BSE. Our equity & mutual fund investment advising is structured to suit the investment objectives of the non resident Indian investor in a long run (including PIOs and OCIs).
We at NriInvestIndia.com advise our clients to invest across various financial products viz: Mutual funds, RBI bonds, Portfolio Management Services for NRIs, Stocks & Shares, Trading Account, Dmat Account, SIPs – systematic investment plans, etc, based on your risk-return profile.
List of stock Brokerage Charges in India ;
1. ICICI Direct
Account opening fees : Rs 750/- (One time non-refundable)
Brokerage : ICICIDirect.com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0.1% to 0.15% for margin trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on delivery based trades.
2. Sharekhan
Some stock trading companies charge direct percentage while others charge a fixed amount per Rs 100. Sharekhan charges 0.5% for inter day shares and 0.1% for intra day or you could say Sharekhan charges 50 paise per Rs 100.
3. Indiabulls
Account opening fees : Rs 1200/- (One time non-refundable) as below:
250/- Equity Trading Account opening charge
200/- Demat Account opening charge
750/- Software changes
4. 5Paisa
Account opening fees: Rs 500/- one time non refundable.
5paisa offer competitive rates. They charge only 5 paisa for Rs 100 of trade done, which is 0.05%. brokerage. In case of trade that result in delivery, they charge an additional 0.20% for back office and securities handling.
5. Motilal Oswal Securities
Type of Account
MOSt E-Broking
MOSt E-Broking is complete online stock trading solution for Indiaian stock market.
Following are the features of MOSt E-Broking account:
Easy single screen trader with instant trade confirmation similar to exchange based trading terminals.
Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit.
Online transfer funds through HDFC Bank.
6. HDFC Securities
Rs. 799/- (Including trading account, bank account and DP account with HDFC)
Please note: HDFC Bank savings account required a quarterly minimum balance of Rs. 2,500/-. If you already have Saving account or DP account with HDFC, you could link them with trading account.
7. Reliance Money
Reliance Money offers lowest brokerage rates in today's online stock trading industry in India. The brokerages are as low as 0.075% for delivery based trading and 0.02 for now delivery. For more detail about Reliance Money’s brokerage and fees visit the below section of this webpage.
Reliance Money Demat Account Charges:
Annual Services Charges - For Individuals / HUFs / Trust Rs. 50/-
Annual Services Charges - For NRIs / Foreign Nationals, Corporates / Others Rs. 1000/-
Transaction Charges - SELL (Market & Off Market)
For instructions given in physical form. Rs. 25/-
Transaction Charges - SELL (Market & Off Market)
For instructions received through Internet/ online trading through Reliance Securities Ltd. Rs. 12/-
8. IDBIPaisaBuilder
Check the IDBI Web portal for details.
9. Religare
These are 3 types of accounts in religare.
-> R-ACE
Account activation charges Rs.299/-.
Minimum margin of Rs.5000/- required.
-> R-ACE Lite
Account activation charges Rs.499/-.
Minimum margin of Rs.5000/- required.
-> R-ACE Pro
Account activation charges Rs.999/-.
Minimum margin of Rs.10,000/- required.
10. Geojit
Account opening fees: Rs 500/- one time non refundable.
For delivery based trading, Geojit brokerage is 0.30% for trading less then 10 lakhs a month and reduces for more volume.
For Intra-day trading, Geojit brokerage is 0.030% for trading less then 2 Crores a month and reduces for more volume.
For F&O trading, Geojit brokerage is Rs 75/- per lot less then 9 Crores a month and reduces for more volume.
11. Networth Stock Broking Limited (NSBL)
Here it is called Service charge,
N-Easy Trading:
View Only Account: Charges are Rs. 500 per month, Rs. 1200 per Qtr or Rs 4500 p.a.
Trading Account: Free but user access charge of Rs. 150 pm, applied if brokerage from the client in a month is <> For the latest updates PRESS CTR + D or visit Stock Market news Today
1) nriinvestindia.com
2) timesofmoney.com
3) nricapital.com
4) nriinvestmentsindia.com
5) ICICI Direct
Having said so, we would also like to warn you that we have only taken into account the ONLINE trading resources these companies offer. We do not take any guarantee or responsibility of their OFFLINE trading facilities. However, for investing in Initial Public Offerings (IPO), we feel ’sharekhan’ is best as it allows clients to place orders till 2-3 p.m. on the final day of subscription of IPOs.
Friends and clients alike often ask us as to how they can start investing in the Stock Market directly. Investing in stock market is very simple, more so if you follow the four simple steps given below for the same:
Step 1: Apply for a PAN online if you do not have one and you will get your PAN within a week.
Step 2: You will need a bank account for trading in the stock market. A HDFC Bank NRI Account is recommended.
Step 3: Once you have a PAN card, open a demat account (this is necessary for trading) with any bank or a brokerage firm.
Step 4: Lastly, you need to have an online stock market trading account for investing in the stock market directly.
Please note that its important to link your bank account, demat account and online trading account. The online trading account and demat account may be opened with the same brokerage firm and the firm may be given power of attorney to operate your bank account as this would save you the paperwork. We would also like to warn you about the fact that investment brings with it risks. Please be careful while investing else your entire capital money will be washed away. Investors can now also invest in IPOs by the click of a button thanks to technology. An overview of NRI Services and about the Indian Share market wouldn’t be out of place here.
The Indian Share Market has 22 regional exchanges, in addition to the Bombay Stock Exchange (BSE) and National Stock Exchange of India Ltd. (NSE) – the two primary and pivotal exchange houses of India. The BSE and NSE together account for almost 80% of the equity trade in India. The average daily turnover has increased from Rs.851 crore in 1997-98 to Rs.2, 273 crore in 1999-2000. While the NSE has a total of 1,500 shares having a market capitalisation of Rs.9, 215 billion, the BSE has a total of 6,000 shares having a market capitalisation of Rs.9, 680 billion! Mostly, almost all the stocks are available on both and hence the investor can buy stock from either. Also both having a different settlement cycle, the investor can shift his position as per convenience. The BSE Sensex (primary index of BSE) comprises thirty stocks while the Nifty (primary index of NSE) comprises fifty. However, it’s the BSE Sensex that’s more widely followed. Both BSE Sensex and Nifty are calculated on the basis of market capitalisation and contain the heavily traded shares from key sectors. Please note that the market is closed on Saturdays and Sundays. For the convenience of investors, both BSE and NSE have switched over to an automated computerised mode of trading known as BSE On Line Trading (BOLT) and National Exchange Automated Trading (NEAT).
The stocks traded on BSE have been classified into the following groups:
Group A: Shares in the carry forward system (Badla)
Group C: Odd securities in group A, B1 and B2 and Rights renunciations.
Group F: Represents debt market segment (fixed income securities)
Group Z: Blacklisted companies
The Securities and Exchange Board of India (SEBI) governs the stock exchanges, depositories, depository participants, mutual funds, etc.
ROLLING SETTLEMENT CYCLE:
A rolling settlement is typical to each trading day being taken as a trading period. Trades executed during the day are settled based on net obligations for the day. At NSE and BSE, trades in rolling settlement are traded on a T+2 basis, that is the second working day. For example, trades taking place on Monday are settled on Wednesday, those taking place on Tuesday are settled on Thursday and so on. All intervening holidays, Saturdays, Sundays, Bank holidays, Government holidays etc are excluded for arriving at the settlement.
Going Short:
Selling off your shares is known as ‘going short’. Generally an investor would do so if he expects the prices to decline. In a rolling settlement cycle you will have to cover by end of the day on which you have gone short.
Concept of Margin Trading:
To buy share you need money and to sell you need shares in your demat account. But if you do not have the full amount or shares, you have to cover your sale/purchase transaction by a sale/purchase transaction before the close of the settlement cycle. You will make a profit in case the price during the settlement moves in your favour (increases if you are buying the shares and decreases if you are selling) and you will receive the payment from the exchange. If the contrary happens you will suffer a loss and you will have to pay the exchange. It is for this reason that margins (quotes as a percentage of the value of the transaction) are collected to safeguard against any adverse price movement.
Myself Aditya Sharma (Sr.Investment Advisor), and I work for a NRI Investment company (www.NriInvestIndia.com) that helps NRIs, PIOs and OCIs to invest in India’s top mutual funds.
Here at NriInvestIndia.com we focus in delivering value service to our NRI clients when it comes to their investments in the Indian stock markets – NSE & BSE. Our equity & mutual fund investment advising is structured to suit the investment objectives of the non resident Indian investor in a long run (including PIOs and OCIs).
We at NriInvestIndia.com advise our clients to invest across various financial products viz: Mutual funds, RBI bonds, Portfolio Management Services for NRIs, Stocks & Shares, Trading Account, Dmat Account, SIPs – systematic investment plans, etc, based on your risk-return profile.
List of stock Brokerage Charges in India ;
1. ICICI Direct
Account opening fees : Rs 750/- (One time non-refundable)
Brokerage : ICICIDirect.com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0.1% to 0.15% for margin trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on delivery based trades.
2. Sharekhan
Some stock trading companies charge direct percentage while others charge a fixed amount per Rs 100. Sharekhan charges 0.5% for inter day shares and 0.1% for intra day or you could say Sharekhan charges 50 paise per Rs 100.
3. Indiabulls
Account opening fees : Rs 1200/- (One time non-refundable) as below:
250/- Equity Trading Account opening charge
200/- Demat Account opening charge
750/- Software changes
4. 5Paisa
Account opening fees: Rs 500/- one time non refundable.
5paisa offer competitive rates. They charge only 5 paisa for Rs 100 of trade done, which is 0.05%. brokerage. In case of trade that result in delivery, they charge an additional 0.20% for back office and securities handling.
5. Motilal Oswal Securities
Type of Account
MOSt E-Broking
MOSt E-Broking is complete online stock trading solution for Indiaian stock market.
Following are the features of MOSt E-Broking account:
Easy single screen trader with instant trade confirmation similar to exchange based trading terminals.
Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit.
Online transfer funds through HDFC Bank.
6. HDFC Securities
Rs. 799/- (Including trading account, bank account and DP account with HDFC)
Please note: HDFC Bank savings account required a quarterly minimum balance of Rs. 2,500/-. If you already have Saving account or DP account with HDFC, you could link them with trading account.
7. Reliance Money
Reliance Money offers lowest brokerage rates in today's online stock trading industry in India. The brokerages are as low as 0.075% for delivery based trading and 0.02 for now delivery. For more detail about Reliance Money’s brokerage and fees visit the below section of this webpage.
Reliance Money Demat Account Charges:
Annual Services Charges - For Individuals / HUFs / Trust Rs. 50/-
Annual Services Charges - For NRIs / Foreign Nationals, Corporates / Others Rs. 1000/-
Transaction Charges - SELL (Market & Off Market)
For instructions given in physical form. Rs. 25/-
Transaction Charges - SELL (Market & Off Market)
For instructions received through Internet/ online trading through Reliance Securities Ltd. Rs. 12/-
8. IDBIPaisaBuilder
Check the IDBI Web portal for details.
9. Religare
These are 3 types of accounts in religare.
-> R-ACE
Account activation charges Rs.299/-.
Minimum margin of Rs.5000/- required.
-> R-ACE Lite
Account activation charges Rs.499/-.
Minimum margin of Rs.5000/- required.
-> R-ACE Pro
Account activation charges Rs.999/-.
Minimum margin of Rs.10,000/- required.
10. Geojit
Account opening fees: Rs 500/- one time non refundable.
For delivery based trading, Geojit brokerage is 0.30% for trading less then 10 lakhs a month and reduces for more volume.
For Intra-day trading, Geojit brokerage is 0.030% for trading less then 2 Crores a month and reduces for more volume.
For F&O trading, Geojit brokerage is Rs 75/- per lot less then 9 Crores a month and reduces for more volume.
11. Networth Stock Broking Limited (NSBL)
Here it is called Service charge,
N-Easy Trading:
View Only Account: Charges are Rs. 500 per month, Rs. 1200 per Qtr or Rs 4500 p.a.
Trading Account: Free but user access charge of Rs. 150 pm, applied if brokerage from the client in a month is <> For the latest updates PRESS CTR + D or visit Stock Market news Today
how to do intraday trading in hdfc securities
how to do intraday trading in hdfc securities : Online Share trading is as risky as other business.So do not worry about the risk.Risk is there even if you take a step ahead.So we are not stopping to walk.
You can open demat,trading account with any reputed brokers like Reliance Money,Geojit BNP Paribas,Religare,India Infoline,Sherekhan,Motilal oswal,Ventura,HDFC Securities..etc...etc...But my favourite is Reliance Money as it is cheapest and having nice platform to work on Browser based and ODIN Diet software based platform.
First of all you need PAN card.You can apply to any of the broker with requisite documents like Adress proof..(Driving License,Electricity Bill,Election Photo ID) besides PAN card.You need to have online net banking also with any reputed bank like HDFC,Axis Bank,IDBI,ICICI,SBI,etc.
For your demat-trading account you do not need any minimum balance,you can start with as little as Rs.5000!!! More is better to earn more and so on .....
You can buy share in dip and sell in peak that is how we get good profit.You can make good profit in intraday trading with Margin or without Margin given by your broker also but you need to be cautious as it is having high level of risk.
Start trading only after learning completely your software/website.
In the beginning do not expect higher gains.You will be making good money after getting enough knowledge about the market.
Incoming search terms:
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You can open demat,trading account with any reputed brokers like Reliance Money,Geojit BNP Paribas,Religare,India Infoline,Sherekhan,Motilal oswal,Ventura,HDFC Securities..etc...etc...But my favourite is Reliance Money as it is cheapest and having nice platform to work on Browser based and ODIN Diet software based platform.
First of all you need PAN card.You can apply to any of the broker with requisite documents like Adress proof..(Driving License,Electricity Bill,Election Photo ID) besides PAN card.You need to have online net banking also with any reputed bank like HDFC,Axis Bank,IDBI,ICICI,SBI,etc.
For your demat-trading account you do not need any minimum balance,you can start with as little as Rs.5000!!! More is better to earn more and so on .....
You can buy share in dip and sell in peak that is how we get good profit.You can make good profit in intraday trading with Margin or without Margin given by your broker also but you need to be cautious as it is having high level of risk.
Start trading only after learning completely your software/website.
In the beginning do not expect higher gains.You will be making good money after getting enough knowledge about the market.
Incoming search terms:
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how to invest in nasdaq from india
how to invest in nasdaq from india : Indian residing in India. I wish to invest in small penni stocks in NASDAQ(USA). through online trading. Please tell me who provide those service in india to trade online my ourself in foreign stocks, just like we trade in BSE and NSE.
How to invest in nasdaq without ssn ?
I want to invest my money in stock market but i don't have SSN. i have valid visa F1, i came in US as student but i can't apply for ssn. is there any chance to invest my money into stock market without ssn ? Read More...
Incoming search terms:
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How to invest in nasdaq without ssn ?
I want to invest my money in stock market but i don't have SSN. i have valid visa F1, i came in US as student but i can't apply for ssn. is there any chance to invest my money into stock market without ssn ? Read More...
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what are brokerage charges to purchase shares through hdfc securities
what are brokerage charges to purchase shares through hdfc securities : Reasons to Fire Your Mutual Fund Company - Alphabet Soup of Sales Charges If most people can not easily explain how they are getting charged for services, you can almost always bank on a rip-off in your midst. Such is the case with many mutual funds and their "fund classes".
Just like when a corporation offers up shenanigans like "super-voting" shares, grab your wallet. Get this. The same organization with the same portfolio and same manager can have "A" class, "B" class, and "C" class shares. In some extreme cases they can also have "D", "E", "Z", and more, but these are rare and we...
Is it necessary to buy stocks through a stock broker, cant I do it myself?
Yes you can buy stocks by yourself. Open an online trading account with ICICI Direct or HDFC Securities or with GEOJIT and you can buy shares form the comfort of your home. Read More...
For the latest updates PRESS CTR + D or visit Stock Market news Today
Just like when a corporation offers up shenanigans like "super-voting" shares, grab your wallet. Get this. The same organization with the same portfolio and same manager can have "A" class, "B" class, and "C" class shares. In some extreme cases they can also have "D", "E", "Z", and more, but these are rare and we...
Is it necessary to buy stocks through a stock broker, cant I do it myself?
Yes you can buy stocks by yourself. Open an online trading account with ICICI Direct or HDFC Securities or with GEOJIT and you can buy shares form the comfort of your home. Read More...
For the latest updates PRESS CTR + D or visit Stock Market news Today
Why People Invest In Penny Stocks Instead Of Other Kinds Of Stock
Why People Invest In Penny Stocks Instead Of Other Kinds Of Stock : Of all the kinds of investments, penny stocks may be one of the few riskier investments that any investor can get into. But a wise investor is one who does his homework carefully, studies the market, and puts his money into penny stocks that can get him the profits that he anticipates.
There are mainly three kinds of companies that offer penny shares and these are newly opened companies trying to break into the market; companies that have experienced a downturn in the economy and are trying to get back on their feet; and companies that deal with basic commodities. Investors who choose to invest in these penny shares will put their money at risk but can expect profits even at that risk.
Brand new companies that offer new services and products offer penny stocks to attract more investors to invest with lower costs per share. Even with the low cost per share however, they will still get the investment amounts they need because penny shares have a minimum amount that investors have to invest in.
There are also those companies who fail to perform at par and end up suffering a downturn in the economy. These kinds of companies offer penny shares to help them pick up in their performance and profits. They want to attract new investors and try to get back older investors so that they can recover overall.
Basic commodities, like electricity or food, are products and services that will never go out of style. Investing in penny shares in these kinds of companies may offer less risk than the others because even in times of war or disaster, people will still need food and utilities for survival.
Since it is a high risk venture, it is best to do the proper research before opting to enter into investing in penny shares at all. The cost of the penny stocks is low but expect to buy in high volume because the companies need the investments to help them get back on their feet or to improve what they already have out on the market.
Why People Invest in Penny Stocks
1)Most of the people who buy penny stocks are small traders and investors. They are able to buy more shares in less money compare with blue chips. They can buy few shares of blue chips with capital, but 50-100 times in penny stocks with same capital.
2)They think, if they buy any penny stock at 1 Rs, it can go to 100 Rs also with risk of just 1 Rs.
3)They believe in Buy & Hold Strategy. They purchase stock and retain it for long periods of time, hoping that the stock will reach sky high in future.
4)They carried away by seeing few multibagger penny stocks that moved multi-fold in recent times. So they try to chase another one.
Unfortunately, these strategies never give rewards. Investors only buy on hopes and at end it goes completely worthless. Always remember, there is nothing called Low Risk and High reward in Equity market. If you think, stock is available at very cheap price and has huge upside. 99% Chances are the fundamentals are not good if the stock is trading at very low price means it deserve to be there otherwise some smart people would have already bought and it would have reached some high. Always remember, you are competing with most intelligent people in stock market. read more How to find multibagger penny stocks
For the latest updates PRESS CTR + D or visit Stock Market news Today
There are mainly three kinds of companies that offer penny shares and these are newly opened companies trying to break into the market; companies that have experienced a downturn in the economy and are trying to get back on their feet; and companies that deal with basic commodities. Investors who choose to invest in these penny shares will put their money at risk but can expect profits even at that risk.
Brand new companies that offer new services and products offer penny stocks to attract more investors to invest with lower costs per share. Even with the low cost per share however, they will still get the investment amounts they need because penny shares have a minimum amount that investors have to invest in.
There are also those companies who fail to perform at par and end up suffering a downturn in the economy. These kinds of companies offer penny shares to help them pick up in their performance and profits. They want to attract new investors and try to get back older investors so that they can recover overall.
Basic commodities, like electricity or food, are products and services that will never go out of style. Investing in penny shares in these kinds of companies may offer less risk than the others because even in times of war or disaster, people will still need food and utilities for survival.
Since it is a high risk venture, it is best to do the proper research before opting to enter into investing in penny shares at all. The cost of the penny stocks is low but expect to buy in high volume because the companies need the investments to help them get back on their feet or to improve what they already have out on the market.
Why People Invest in Penny Stocks
1)Most of the people who buy penny stocks are small traders and investors. They are able to buy more shares in less money compare with blue chips. They can buy few shares of blue chips with capital, but 50-100 times in penny stocks with same capital.
2)They think, if they buy any penny stock at 1 Rs, it can go to 100 Rs also with risk of just 1 Rs.
3)They believe in Buy & Hold Strategy. They purchase stock and retain it for long periods of time, hoping that the stock will reach sky high in future.
4)They carried away by seeing few multibagger penny stocks that moved multi-fold in recent times. So they try to chase another one.
Unfortunately, these strategies never give rewards. Investors only buy on hopes and at end it goes completely worthless. Always remember, there is nothing called Low Risk and High reward in Equity market. If you think, stock is available at very cheap price and has huge upside. 99% Chances are the fundamentals are not good if the stock is trading at very low price means it deserve to be there otherwise some smart people would have already bought and it would have reached some high. Always remember, you are competing with most intelligent people in stock market. read more How to find multibagger penny stocks
For the latest updates PRESS CTR + D or visit Stock Market news Today
How to find multibagger penny stocks
How to find multibagger penny stocks Fundamentals: The Simplest and most effective rule, Companies always runs on fundamentals in long run. Always look for companies that are making new products and developing new technology that is creative, effective and innovative such that their competition will be minimal, if any, when their product is lunched or implemented. Fundamentals involve such criteria as earnings, debt load, assets, and many others.
Investors should get involved with the companies that are making the most money, have the most effective management, and have improving trends in all factors of their operations. As well, industry comparisons and the examination of key financial ratios present clues as to which companies are destined for higher share prices. Proper fundamental analysis of penny stock companies will generally reveal that there are about 2 or 3 superior investment opportunities out of every 100 companies examined. These 2 or 3 excellent corporations often represent better investments than 90% of stocks on the large-cap.
1) Promoters and management.
If promoters have faith and management is skilled and talented. The chances are better placed. If promoters are holding major chunk and company is improving their Sales, profit and enhancing their products it’s always good. One should also see track record. As few promoters make share price reach high so that they can exist and take the profit and move towards another business and leave all investors in no man’s land. Always check promoters holding and stability.
2) Innovation and creativity.
As per past record, Most of the smaller companies that performed well because of New Ideas and new themes. For Example, when Unitech Started Buying Land @ cheap price in Villages who thought that these Villages will turn into modern city like Noida in years to come. When Bharti Airtel started its telecom business, who thought it will have 100 Million Subscribers from 10,000 in just few years. Another case of ICSA, Everyone was tracking Power Generation and T&D generation companies. No one ever thought of Small IT Company i.e. ICSA who started very early to reduce T&D loses which is still 35%. So most of the Multibagger penny stocks suggest one thing, Small companies who had new ideas, performed well. Very few penny stocks are developing new technology, enhancing new ideas, making new products which have excellent future. If you pick such stocks, you can make your dream real.
3) Undervalued Companies
There are time, when smaller companies do trade at cheap valuation. Sometime, their prices decreases very rapidly and has nothing to do with their fundamentals and more related with Overall market weakness, Some Operators move, Some news related with sector or theme or products. Opportunity exists in such situations because the shares are often unfairly valued and a return to more realistic prices is inevitable. There are often cases where companies have more cash on hand per share than their share price, or have price to earnings ratios as low as 5.0. Although there is much more to uncovering the best undervalued situations, this is the basis behind the concept.
4) Minimized Downside
Sometime with help of technical analysis, Fundamentals information stock has less downside and more upside. Often the combination of technical analysis and undervalued situations can reveal penny stock companies that have tremendous upside potential, and have a very low probability of declining in value to any significant degree. These types of investments are excellent choices for penny stock investors that are less risk adverse. For the latest updates PRESS CTR + D or visit Stock Market news Today
Investors should get involved with the companies that are making the most money, have the most effective management, and have improving trends in all factors of their operations. As well, industry comparisons and the examination of key financial ratios present clues as to which companies are destined for higher share prices. Proper fundamental analysis of penny stock companies will generally reveal that there are about 2 or 3 superior investment opportunities out of every 100 companies examined. These 2 or 3 excellent corporations often represent better investments than 90% of stocks on the large-cap.
1) Promoters and management.
If promoters have faith and management is skilled and talented. The chances are better placed. If promoters are holding major chunk and company is improving their Sales, profit and enhancing their products it’s always good. One should also see track record. As few promoters make share price reach high so that they can exist and take the profit and move towards another business and leave all investors in no man’s land. Always check promoters holding and stability.
2) Innovation and creativity.
As per past record, Most of the smaller companies that performed well because of New Ideas and new themes. For Example, when Unitech Started Buying Land @ cheap price in Villages who thought that these Villages will turn into modern city like Noida in years to come. When Bharti Airtel started its telecom business, who thought it will have 100 Million Subscribers from 10,000 in just few years. Another case of ICSA, Everyone was tracking Power Generation and T&D generation companies. No one ever thought of Small IT Company i.e. ICSA who started very early to reduce T&D loses which is still 35%. So most of the Multibagger penny stocks suggest one thing, Small companies who had new ideas, performed well. Very few penny stocks are developing new technology, enhancing new ideas, making new products which have excellent future. If you pick such stocks, you can make your dream real.
3) Undervalued Companies
There are time, when smaller companies do trade at cheap valuation. Sometime, their prices decreases very rapidly and has nothing to do with their fundamentals and more related with Overall market weakness, Some Operators move, Some news related with sector or theme or products. Opportunity exists in such situations because the shares are often unfairly valued and a return to more realistic prices is inevitable. There are often cases where companies have more cash on hand per share than their share price, or have price to earnings ratios as low as 5.0. Although there is much more to uncovering the best undervalued situations, this is the basis behind the concept.
4) Minimized Downside
Sometime with help of technical analysis, Fundamentals information stock has less downside and more upside. Often the combination of technical analysis and undervalued situations can reveal penny stock companies that have tremendous upside potential, and have a very low probability of declining in value to any significant degree. These types of investments are excellent choices for penny stock investors that are less risk adverse. For the latest updates PRESS CTR + D or visit Stock Market news Today
Australian penny stocks february 2011
Australian penny stocks february 2011 : The Australian market has received flat to positive leads from offshore trading overnight, with Wall Street's key indices slightly higher, while precious metals and oil were lower.
Oil prices little changed - PRECIOUS METALS - INDUSTRIAL METALS
Oil prices were little changed on Tuesday as investors waited to see the outcome of the largest anti-government protest yet in Egypt.Read More...
Crouch: New guard, new direction
LABOR faces a fundamental overhaul when Caucus meets on Tuesday to appoint a new Deputy Leader and Treasurer. It is almost certain John Rau and Jack Snelling - both with little ministerial experience - will split the powerful positions. But what do voters know about them? Read More...
OTC BB Penny Stock News - Feb 3 - SPAG, MNAP, HHWW, ETAK
The Company intends to recruit an additional 4 to 6 members, experienced in both mining and corporate finance, to comprise its advisory board. As Chairman of the advisory board, Mr. Flis will evaluate all future advisory board candidates and communicate regularly with the Company's management and board of directors. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Oil prices little changed - PRECIOUS METALS - INDUSTRIAL METALS
Oil prices were little changed on Tuesday as investors waited to see the outcome of the largest anti-government protest yet in Egypt.Read More...
Crouch: New guard, new direction
LABOR faces a fundamental overhaul when Caucus meets on Tuesday to appoint a new Deputy Leader and Treasurer. It is almost certain John Rau and Jack Snelling - both with little ministerial experience - will split the powerful positions. But what do voters know about them? Read More...
OTC BB Penny Stock News - Feb 3 - SPAG, MNAP, HHWW, ETAK
The Company intends to recruit an additional 4 to 6 members, experienced in both mining and corporate finance, to comprise its advisory board. As Chairman of the advisory board, Mr. Flis will evaluate all future advisory board candidates and communicate regularly with the Company's management and board of directors. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
phil mickelson motivational quotes
phil mickelson motivational quotes : To gain an understanding of annuities, we need to start at the beginning. In the year 1740, the Presbyterian Church began to use annuities in order to aid widows and the priestly order. The simple purpose of an annuity is to ensure that you have a sound financial back up during retirement.
Today, there are different kinds of products sold by Insurance companies and agents. Before you take out an annuity ensure that the Insurance Company has a license to practice in your state. The State Insurance Commission is a legal body that regulates Insurance companies to make sure they have adequate.
Golf Champions Greatest and Famous Motivational Quotes
One of the things that my parents have taught me is never listen to other people's expectations. You should live your own life and live up to your own expectations, and those are the only things I really care about it.Read More...
Phil Mickelson Quotes
He expressed his concerns and I expressed my disappointment with the way it was handled. I believe everything is fine now. [on a spat with Vijay Singh]
Phil Mickelson quote Read More...
Phil Mickelson quotes
This is the time, after the majors, that I'll try out some equipment. I putted pretty well with the two-ball putter (the first two rounds), but I wanted to go back to my regular blade on the weekend so I could get some practice with it in preparation for next week (Presidents Cup play) Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Today, there are different kinds of products sold by Insurance companies and agents. Before you take out an annuity ensure that the Insurance Company has a license to practice in your state. The State Insurance Commission is a legal body that regulates Insurance companies to make sure they have adequate.
Golf Champions Greatest and Famous Motivational Quotes
One of the things that my parents have taught me is never listen to other people's expectations. You should live your own life and live up to your own expectations, and those are the only things I really care about it.Read More...
Phil Mickelson Quotes
He expressed his concerns and I expressed my disappointment with the way it was handled. I believe everything is fine now. [on a spat with Vijay Singh]
Phil Mickelson quote Read More...
Phil Mickelson quotes
This is the time, after the majors, that I'll try out some equipment. I putted pretty well with the two-ball putter (the first two rounds), but I wanted to go back to my regular blade on the weekend so I could get some practice with it in preparation for next week (Presidents Cup play) Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
sun life financial money market segregated fund
sun life financial money market segregated fund : The funds offered through Sun Life Financial are pooled funds (segregated funds) offered only to group savings plans such as Registered Pension Plans or Group RRSPs. These funds are institutional funds and are not listed in daily newspapers or on other financial Web sites.
The funds that are listed are mutual funds offered to the individual investor. Sun Life Financial’s Plan Member Services website, provides rates and values details, as well links to the fund managers’ quarterly investmentreports. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
The funds that are listed are mutual funds offered to the individual investor. Sun Life Financial’s Plan Member Services website, provides rates and values details, as well links to the fund managers’ quarterly investmentreports. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Germantown Mutual Insurance Company Utah
Germantown Mutual Insurance Company Utah : When you consider a life long relationship with a Long Term Care Insurance company, you want to rest in the comfort of knowing that you have settled on a company with the highest possible ratings and reputation. Read More...
For the latest updates PRESS CTR + D or visit Stock Market news Today
credit suisse global investment returns sourcebook 2010 australia
credit suisse global investment returns sourcebook 2010 australia : With inflation under control and strong global economic markets, all indicators say it's going to be another good year for stocks. Here is a breakdown of the global economic outlook for 2007. United States In the U.S.,
interest rates should remain stable to slightly higher, they probably won't heighten to levels that would impede growth, profits or stock values in general. With that in mind, small-cap equities remain a risk due to the necessity of lending, while large- and mega-cap stocks, fresh off record profits in many cases, have considerable war chests for mergers and... Read More for Download... For the latest updates PRESS CTR + D or visit Stock Market news Today
interest rates should remain stable to slightly higher, they probably won't heighten to levels that would impede growth, profits or stock values in general. With that in mind, small-cap equities remain a risk due to the necessity of lending, while large- and mega-cap stocks, fresh off record profits in many cases, have considerable war chests for mergers and... Read More for Download... For the latest updates PRESS CTR + D or visit Stock Market news Today
Sharekhan Commodity Silver Price february 2011
Sharekhan Commodity Silver Price february 2011 : As the stock market takes a beating, commodity prices are soaring. In times of high inflation, commodity futures can offer you the edge in the markets that you were looking for. With a Sharekhan Trading Account, you can trade in Commodity Futures from both MCX and NCDEX.Read More...
For the latest updates PRESS CTR + D or visit Stock Market news Today
top picks malaysian stocks markets in february 2011
top picks malaysian stocks markets in february 2011 : We expect the market to rebound in February as fundamentals remain intact and the 4Q2010 results reporting season should see analysts upgrading their earnings again. We like the Banks, Oil & Gas and Consumption related sectors for February. Our Top Buys center on companies anticipated to display strong profitability (CIMB, AirAsia), laggards (KPJ) and rebounding stocks (Kencana, SP Setia).
The table below are the target price for February 2011 top picks.
Top Stories: Business and Finance
Asian Earnings Swell From U.S. Consumer Spending, China's Economic Growth 2. Dollar Holds Two-Day Gain Versus Euro Before Payrolls Report, EU Summit 3. QBE Pays Bank of America $700 Million in Insurance Deal; 2010 Profit Drops 4. Flattest Curve Showing Reserve Bank Falling Behind Inflation: Read More...
Where to put your money
REAL estate investment is popular because it is often thought of as an effective hedge against inflation. The perception is that property values are almost guaranteed to appreciate as inflation rises. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
The table below are the target price for February 2011 top picks.
| Stocks | Price (RM) | Target price (RM) | Market Cap (RM million) | Rating |
|---|---|---|---|---|
| CIMB Group | 8.38 | 9.77 | 62,286.7 | Buy |
| AirAsia | 2.75 | 3.78 | 7,627.4 | Buy |
| SP Setia | 6.42 | 7.23 | 6,812.6 | Buy |
| Kencana | 2.57 | 3.05 | 4,710.8 | Buy |
| KPJ Healthcare | 3.76 | 4.62 | 2,119.2 | Buy |
Top Stories: Business and Finance
Asian Earnings Swell From U.S. Consumer Spending, China's Economic Growth 2. Dollar Holds Two-Day Gain Versus Euro Before Payrolls Report, EU Summit 3. QBE Pays Bank of America $700 Million in Insurance Deal; 2010 Profit Drops 4. Flattest Curve Showing Reserve Bank Falling Behind Inflation: Read More...
Where to put your money
REAL estate investment is popular because it is often thought of as an effective hedge against inflation. The perception is that property values are almost guaranteed to appreciate as inflation rises. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Markets Look Overseas For Issues As Major Level In Play, New Trade Setup
Markets Look Overseas For Issues As Major Level In Play, New Trade Setup ; nTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype.
InTheMoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics. All included in the Research Center for just $49.99/month. For the latest updates PRESS CTR + D or visit Stock Market news Today
InTheMoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics. All included in the Research Center for just $49.99/month. For the latest updates PRESS CTR + D or visit Stock Market news Today
U.S. Equity Preview Starbucks, DuPont, InterDigital, Questcor
U.S. Equity Preview Starbucks, DuPont, InterDigital, Questcor : Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses.
American Apparel Inc. (APP US): The operator of more than 280 clothing stores said John Luttrell will become chief financial officer tomorrow.
Bank of America Corp. (BAC US): The biggest U.S. lender by assets said it created a unit to modify delinquent mortgages, handle foreclosures and resolve investor disputes over faulty loans originated by the company. The unit will be led by Terry Laughlin, according to a statement.
Bemis Co. (BMS US): The maker of packaging products and pressure-sensitive materials boosted its quarterly dividend to 24 cents from 23 cents.
Broadcom Corp. (BRCM US): The biggest maker of chips for television set-top boxes said it paid Morgan Stanley $300 million under an accelerated share buyback agreement.
DuPont Co. (DD US): The biggest U.S. chemical maker may rise to as high as $65 if the proposed $6.3 billion acquisition of Danisco A/S boosts its food-related businesses, Barron’s reported, citing Soleil Securities analyst Mark Gulley.
Genzyme Corp. (GENZ US) and Sanofi-Aventis SA are likely to approve a takeover of the U.S. biotechnology company and are discussing a price of about $74 a share, plus potential additional payments tied to the performance of a Genzyme drug.
InterDigital Inc. (IDCC US): The designer of mobile-phone technology may rise as much as 15 percent as demand increases for its network-maximizing technology and as it moves to a new business model, Barron’s said in its “The Trader” column.
Questcor Pharmaceuticals Inc. (QCOR US): The maker of a treatment for seizures in infants may drop by more than half as the overhaul of the U.S. health-care system slashes earnings for the product, Acthar, Barron’s reported, citing analyst Mark Roberts.
Starbucks Corp. (SBUX US): The world’s biggest coffee-shop operator may rise as much as 15 percent in the next year on “growth initiatives” such as its Via instant coffee, Barron’s reported in its “The Trader” column, citing Sanford C. Bernstein analyst Sara Senatore.
Terremark Worldwide Inc. (TMRK US): The operator of data centers that provide security and recovery services for electronic information as well as storage and cloud computing said third-quarter sales beat estimates by 3.8 percent, according to data compiled by Bloomberg. The company also raised its 2011 sales forecast to $352 million to $355 million, compared with the average analyst projection for $352.56 million. For the latest updates PRESS CTR + D or visit Stock Market news Today
American Apparel Inc. (APP US): The operator of more than 280 clothing stores said John Luttrell will become chief financial officer tomorrow.
Bank of America Corp. (BAC US): The biggest U.S. lender by assets said it created a unit to modify delinquent mortgages, handle foreclosures and resolve investor disputes over faulty loans originated by the company. The unit will be led by Terry Laughlin, according to a statement.
Bemis Co. (BMS US): The maker of packaging products and pressure-sensitive materials boosted its quarterly dividend to 24 cents from 23 cents.
Broadcom Corp. (BRCM US): The biggest maker of chips for television set-top boxes said it paid Morgan Stanley $300 million under an accelerated share buyback agreement.
DuPont Co. (DD US): The biggest U.S. chemical maker may rise to as high as $65 if the proposed $6.3 billion acquisition of Danisco A/S boosts its food-related businesses, Barron’s reported, citing Soleil Securities analyst Mark Gulley.
Genzyme Corp. (GENZ US) and Sanofi-Aventis SA are likely to approve a takeover of the U.S. biotechnology company and are discussing a price of about $74 a share, plus potential additional payments tied to the performance of a Genzyme drug.
InterDigital Inc. (IDCC US): The designer of mobile-phone technology may rise as much as 15 percent as demand increases for its network-maximizing technology and as it moves to a new business model, Barron’s said in its “The Trader” column.
Questcor Pharmaceuticals Inc. (QCOR US): The maker of a treatment for seizures in infants may drop by more than half as the overhaul of the U.S. health-care system slashes earnings for the product, Acthar, Barron’s reported, citing analyst Mark Roberts.
Starbucks Corp. (SBUX US): The world’s biggest coffee-shop operator may rise as much as 15 percent in the next year on “growth initiatives” such as its Via instant coffee, Barron’s reported in its “The Trader” column, citing Sanford C. Bernstein analyst Sara Senatore.
Terremark Worldwide Inc. (TMRK US): The operator of data centers that provide security and recovery services for electronic information as well as storage and cloud computing said third-quarter sales beat estimates by 3.8 percent, according to data compiled by Bloomberg. The company also raised its 2011 sales forecast to $352 million to $355 million, compared with the average analyst projection for $352.56 million. For the latest updates PRESS CTR + D or visit Stock Market news Today
Bank of America Corporation BAC Technical Analysis for February 07, 2011
Bank of America Corporation BAC Technical Analysis for February 07, 2011 : Resistance levels: $14.53, $14.45, $14.32
Pivot point: $14.39
Support levels:$14.31, $14.33, $14.25
Share of Bank of America Corp (BAC) is trading over moving averages which is bullish. Bank of America has support under $14 and resistance at $15. BAC is a strong buy below $13.11 which is where the 50 day moving average. Bank of America can close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011. For the latest updates PRESS CTR + D or visit Stock Market news Today
Pivot point: $14.39
Support levels:$14.31, $14.33, $14.25
Share of Bank of America Corp (BAC) is trading over moving averages which is bullish. Bank of America has support under $14 and resistance at $15. BAC is a strong buy below $13.11 which is where the 50 day moving average. Bank of America can close and hold above $15, the stock could easily $16-$17.On the downside, BAC is a strong buy under $13 if we see a pullback.But this low risk banks stock.This is my one top pick for 2011. For the latest updates PRESS CTR + D or visit Stock Market news Today
the Consumer Goods Sector With the Best Relative Performance KNL, TSN, LULU, GT, SFD
the Consumer Goods Sector With the Best Relative Performance KNL, TSN, LULU, GT, SFD : Below are the top five companies in the Consumer Goods sector as measured by relative performance. Highest relative performance is a comparison between a share and its peers made to determine over performance.
This analysis was compiled based on yesterday's trading activity as SmarTrend searches for stocks that have the potential to outperform their peers. Knoll (KNL) ranks first with a gain of 16.34%; Tyson Foods (TSN) ranks second with a gain of 7.29%; and Lululemon Athletica (LULU) ranks third with a gain of 5.8%.
Goodyear Tire & Rubber (GT) follows with a gain of 4.9% and Smithfield Foods (SFD) rounds out the top five with a gain of 4.31%.
SmarTrend currently has shares of Lululemon Athletica in an Uptrend and issued the Uptrend alert on September 10, 2010 at $39.99. The stock has risen 90.5% since the Uptrend alert was issued. For the latest updates PRESS CTR + D or visit Stock Market news Today
This analysis was compiled based on yesterday's trading activity as SmarTrend searches for stocks that have the potential to outperform their peers. Knoll (KNL) ranks first with a gain of 16.34%; Tyson Foods (TSN) ranks second with a gain of 7.29%; and Lululemon Athletica (LULU) ranks third with a gain of 5.8%.
Goodyear Tire & Rubber (GT) follows with a gain of 4.9% and Smithfield Foods (SFD) rounds out the top five with a gain of 4.31%.
SmarTrend currently has shares of Lululemon Athletica in an Uptrend and issued the Uptrend alert on September 10, 2010 at $39.99. The stock has risen 90.5% since the Uptrend alert was issued. For the latest updates PRESS CTR + D or visit Stock Market news Today
Best Performing Consumer Goods Sectors Stocks february 7 2011
Best Performing Consumer Goods Sectors Stocks february 7 2011 U.S. Equity Market Cheat Sheet : The figure shows the performance of each sector in the S&P 500 Index for the week. All ten sectors increased. The best-performing sector for the week was materials which rose 4.58 percent. Other top-three sectors were energy and technology. The utilities sector was the worst performer, up only 0.32 percent. Other bottom-performers were consumer staples and telecom services.
Within the materials sector the best-performing stock was Cliff’s Natural Resources, up 8.64 percent. The other top-five performers were FMC Corp, Freeport-McMoRan Copper & Gold, CF Industries Holdings and Nucor Corp.
Strengths
* The home entertainment software group was the best-performing group for the week, up 22 percent, led by its single member, Electronic Arts. The company reported a fiscal third-quarter profit that exceeded the analyst consensus estimate and announced a $600 million share repurchase program.
* The consumer electronics group was the second-best performer, rising 15 percent. Harman International Industries, maker of audio products and electronic systems, reported fiscal second quarter earnings above the analyst consensus.
* The agricultural products group outperformed, up 10 percent. Archer-Daniels-Midland reported fiscal second quarter earnings greater than the consensus estimate.
Weaknesses
* The homebuilding group was the worst performer, down 4 percent. A major brokerage firm downgraded D.R. Horton, Inc. to “Neutral” and The Ryland Group to “Sell,” citing that homebuilder stocks have outperformed the broader market by roughly 15 percent over the past three months despite lackluster housing data.
* The office services & supplies group underperformed, down 3 percent. Avery Dennison Corp. sold off after reporting earnings ahead of the analyst consensus. A major brokerage firm remained cautious on the stock, citing the potential for higher-than-expected raw material cost inflation, specifically within paper and adhesives.
* The automobile manufacturer group, represented by Ford Motor Co., lost 3 percent. New car registrations in the United Kingdom were down 11.5 percent compared to a year ago during January.
Opportunities
* There may be an opportunity for gain in merger & acquisition (M&A) transactions in 2011. Corporate liquidity is high, thereby providing the means to pursue acquisitions.
Threats
* Should investors’ expectations for an improving economy not come to fruition on a reasonable time frame, it could be a threat to stock prices.
* Quantitative easing currently being implemented by the Federal Reserve might result in unintended consequences. For the latest updates PRESS CTR + D or visit Stock Market news Today
Within the materials sector the best-performing stock was Cliff’s Natural Resources, up 8.64 percent. The other top-five performers were FMC Corp, Freeport-McMoRan Copper & Gold, CF Industries Holdings and Nucor Corp.
Strengths
* The home entertainment software group was the best-performing group for the week, up 22 percent, led by its single member, Electronic Arts. The company reported a fiscal third-quarter profit that exceeded the analyst consensus estimate and announced a $600 million share repurchase program.
* The consumer electronics group was the second-best performer, rising 15 percent. Harman International Industries, maker of audio products and electronic systems, reported fiscal second quarter earnings above the analyst consensus.
* The agricultural products group outperformed, up 10 percent. Archer-Daniels-Midland reported fiscal second quarter earnings greater than the consensus estimate.
Weaknesses
* The homebuilding group was the worst performer, down 4 percent. A major brokerage firm downgraded D.R. Horton, Inc. to “Neutral” and The Ryland Group to “Sell,” citing that homebuilder stocks have outperformed the broader market by roughly 15 percent over the past three months despite lackluster housing data.
* The office services & supplies group underperformed, down 3 percent. Avery Dennison Corp. sold off after reporting earnings ahead of the analyst consensus. A major brokerage firm remained cautious on the stock, citing the potential for higher-than-expected raw material cost inflation, specifically within paper and adhesives.
* The automobile manufacturer group, represented by Ford Motor Co., lost 3 percent. New car registrations in the United Kingdom were down 11.5 percent compared to a year ago during January.
Opportunities
* There may be an opportunity for gain in merger & acquisition (M&A) transactions in 2011. Corporate liquidity is high, thereby providing the means to pursue acquisitions.
Threats
* Should investors’ expectations for an improving economy not come to fruition on a reasonable time frame, it could be a threat to stock prices.
* Quantitative easing currently being implemented by the Federal Reserve might result in unintended consequences. For the latest updates PRESS CTR + D or visit Stock Market news Today
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