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IMPORTANT! Please read disclaimer..before proceeding

The author of this blog isn't a certified financial advisor or a certified financial planner. Please consult a qualified financial planner / certified financial advisor before taking any actual investment decisions. Views expressed on investments is purely authors own opinion / experience and shouldn't be construed as an investment advice. All information on this blog is just a point of view from authors perspective merely for educational and informational purpose only.

There is no guarantee / certainty of profits or windfall gains to be made on the basis of data or information on this blog. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.

Saturday, August 6, 2011

Personal Financial Resource Management Software

Hello Readers,

I am planning to develop Personal Finance Software Desktop application suitable for individuals. Plan to share it for free. My estimated efforts to get a basic version in place would be 6 months. Currently planned to be suitable for usage in India. Though can be adopted for other country locales.

Whilst I do so this is an earnest request to share kind of features you think such an software should provide. Also send emailto admin@perfirm.com such that you can be proud early adopter of the software.

All comments and suggestion are more than welcome. If you as reader also host you finance blogs post a note to me, I will be more than happy to share free download links no sooner available. I can also enlist your blogs in the app depending on contributions you make in terms of domain knowledge, feature request, early adoption and testing of the application.

PerFiRM

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Monday, October 11, 2010

Updates on Binani Cement on Target

This is another stock I recommended in mid sixties then around October 2009. Its one year since then. Though I had given a target of 50% upside in nine months it took a while. Maybe due to being commodity stock in nature.

I understand Binani Industries parent company is planning to delist the shares. Delisting price can be anywhere around Rs. 110/- - Rs. 120/- per share but then it would be speculating prices. Given the fact that Binani Industries will delist it it would be nice proxy play to buy / switch to Binani Industries shares itself.

I plan to come out of this stock in open market when delist offer comes in. Take you informative call if you have invested in this company.

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Updates on XPRO India on target

Hi Readers,

I had recommended this stock at Rs 24/- in my value pick and small cap segment on Aug 31st 2009. Since then it has trebled. No doubt had been a slow mover but given the fact that it has been consistent dividend paying company and paid dividend of around 5% yield on then market price.

I had mentioned it is young and haven't caught market frenzy. It looks like finally it has caught the eyes and today it on Up circuit at Rs. 73.75. I myslef would start booking partial profits as it comes off the upper circuit. However given the margin of safety I enjoy in the stock @Rs. 19 I can holds on for long term and reap tax free dividend @ almost 10% yield.

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Wednesday, March 31, 2010

Checklist for Tax as of 31 Mar 2010

Listed below is quick check list of data to be needed for close of FY10 as of 31 Mar 2010 end of day(eod)
1> Dividend received through the year 09-10
2> Interest earned on FD/RD or other tax saving instruments
3> Statement of Demat account as well as Demat holding eod 31 Mar
4> All tax saving investment proofs
5> Statement of Medical reimbursement claimed
6> Any LTA claimed and supporting documents
7> Any donations related tax exempt proofs

The above list is just indicative and not exhaustive

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Tuesday, March 23, 2010

CAGR for Monthly Deposits

Click here to view /download Compounded Annual Growth Rate (CAGR) calculator for regular monthly savings at varied rate of interest.


This is an important utility for calculating compounded annual growth rate (CAGR) given regular monthly investments, period (in yrs) and at targeted interest p.a. The worksheet calculates interest annually and not monthly. Though I have tried to maintain accuracy there is no guarantee of it. The Amount projected is in '000's.
In case you face any issues to download or save the spreadsheet mail me at vivek.ruparel@gmail.com

See sample below:

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Friday, December 11, 2009

Cox & Kings Listing Strategy

As recommended Cox & Kings to buy in IPO hasn't disappointed us.

Cox & Kings listed at 344 on BSE one can book partial profits at 385+ and hold remaining for long term. Partial profit booking will help us average out buying price and hence act as cushion of safety.

Happy Investing!

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Wednesday, November 18, 2009

Cox and Kings

Cox and Kings:
IPO Opens: 18th Nov 2009
Closes: 20th Nov 2009
Rating: ****

Recommendation: Subscribe
Fairly valued IPO after long time

Issue details below:
The company will raise more than Rs 610 crore from the issue, out of which it will get over Rs 509 crore and the rest will be given to shareholders.

CARE has assigned a 'CARE IPO GRADE 4' to the proposed IPO. CARE IPO Grade 4 indicates above average fundamentals.

The equity shares are proposed to be listed on Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

The objects of the fresh issue are to provide funding for repayment of loans; acquisitions and other strategic initiatives; investment in overseas subsidiaries and investment in corporate office & upgrading our existing operations.

Link for prospectus: http://www.nseindia.com/content/ipo/RHP_CNK.zip

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Wednesday, November 11, 2009

Updates on Indian Hotel

Target 1 Achieved, move stop loss to just below 85 and hold on for T2 and T3

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Tuesday, November 10, 2009

Indian Hotels / 3i Info

Buy call on both CMP 85.50
Stop Loss: just below 80
Target Indian Hotel: T1: 90, T2: 94 T3: 99
Target 3i Info: T1: 89, T2: 94, T3:99

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Monday, November 2, 2009

Putting Money to Work, an Introspection?

One of the reasons (not the only reason) that we work almost 9-10 hours a day is to earn money and livelihood for a better and secure future. One of the biggest ironies of life is though we work for Money yet we don’t dedicate enough time in understanding utilization of the Money. This is more like we are slaves of money, working for it, rather than make money work for us.

Try and introspect your inner self if we have ever thought of putting ‘Money to work’? Most probably yes, who wouldn’t like to have an assistant as strong as ‘Money’ to work for us? But having introspected have we really worked toward building such an infrastructure / environment around us to make this happen, most of us haven’t. Have we ever delved into why we haven’t yet started doing it, in 90% of cases its due fear of unknown (lack of knowledge in personal finance domain). Thus though we have an inclination towards creating wealth and future for ourselves most of us don’t really plan out the implementation / productive utilization of money.

I personally know lots of individuals who end up buying financial products that really is not in line with what/when/how they need to reach major goals in life. Majority of people that I have known don’t even know what financial product they have bought and what it means and how it will deliver etc. The single most common aim with which it was bought was for tax saving and/or just because a person (probably a close relative/ friend) has recommended it because he/she made some money and/or he/she is a financial product reseller.

Just think of it, we invest almost 300 hrs a month working to earn money, can’t we dedicate few hours in understanding underlying principle / fundamental of personal finance. I mean about couple of hours a week. This isn’t a big ask considering a third of our life (8/24 hrs a day) is invested in working for money. The source of information on personal finance is abundant. There are many good personal finance blogs on the web and many books available in market dedicated to personal finance. There is almost one article every day on personal finance every day in leading news papers.

One of the aims of starting this blog is to create awareness on personal finance front and I have already written quite a few articles in very simple and understandable language right from basics. And continue to do so...

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Wednesday, October 28, 2009

Updates on Market Fall 27-28 Oct 2009

The stock markets in past two days have taken a down turn and become quite volatile in Indian capital markets. This was more accentuated by the fact that our market are nearing expiry and also credit policy announcement was a bit negative in the sentiments. Some of the most crucial support levels like 4950 and 4850 have broken down next crucial level on Nifty is 4730. In case if 4730 is also broken on closing basis be prepared for roller coaster ride and steep corrections to 4400 levels. I have updated my QuickPick Tracker following the fall in the markets over past couple of days.

For long term investment investors can start adding good quality companies at 4730-4750 Nifty levels to their portfolio. Some recommendations by FinWin would be to add: (Not all but selective 3-4 companies of your likes / sector which you understand better)

Larsen & Tubro / BHEL in Captial Goods
Reliance / Petronet LNG / Guj. Gas (Oil & Gas)

LIC Housing Finance / HDFC (Finance: Housing)
3i Infotech / Rolta India / Micro Tech (Midcap IT)
Axis Bank / SBI / ICICI Bank (Banking)
Nifty Bees (Index ETF)
JP Associates / GMR Infra (Infra and construction)
IDFC / Power Finance / Reliance Capital (NBFC)
TV 18 / UTV Software / Reliance Media Works (Media)
Other stock mentioned in the blogs Value Pick section

Just one suggestion is buy in staggered fashion such that on further fall more can be added.

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Friday, October 23, 2009

Binani Cement Ltd.

Binani Cement a part of Braj Binani Group. The Braj Binani Group is a well-diversified industrial house with a 138-year history behind it. Today, the group is actively working in the core sectors of Cement, Zinc, Glass Fibre and Downstream Composite Products.

Binani Cement Limited is the flagship subsidiary of Binani Industries Limited (BIL), the Braj Binani Group. It?s a cement manufacturer with an asset value of Rs. 1779 crores and a turnover of Rs.1960 crores, with subsidiaries in Dubai, China and expanding by the day. Binani Cement has established itself as one of the top companies in the industry in terms of efficiency and performance.

3 Yr CAGR Sales (%) : 45
3 Yr CAGR Profit (%) : 25
Promoter Shareholding (%) : 64.91
FII Shareholding (%) : 2.39
Return on Equity (%) : 28.24
MCap.(Rs. in Cr.) : 1299
P/E (x) : 5.75
TTM EPS (Rs.) : 11.64
BV (Rs.) : 24.59
Div. Yield (%) : 5.3
FV (Rs.) : 10
Industry P/E: 9.x

Binani has come out with stellar set of back to back quarterly result with earlier quarter at EPS 5.25 and current Quater at 4.98i.e end Sep-09 for Half year EPS is already 10.23 with CMP at Rs. 67 is a bargain buy. Given 3 yr. CAGR profit and slaes growth at 25 and 45% it is a reccomended value pick. Besides in long run cement industry is expected to be one of the key beneficiaries of Infra Growth story.

Given past P/E ratio assigned to Binani Industry of around 8 for trailing earnings stock can be expected to touch 93 - 100 in short term 6 - 9 months i.e arround 50% appreciation from current price.

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Reliance Media Works

Buy Reliance Media Works (Foremer Adlabs) at CMP 328 with Stop Loss at 310 for Target of T1 360, T2 376. T3 392 in next 1-3 Months.

Fell of 8-9% yesterday due to weak global cues, bounce back expected today following good quarterly results.

Trigger: Good results declared after market closing yesterday. Possible Rights issue in near future.

Disclaimer:
Please note that the stocks in Quick Pick segment can give a POP of +/- 10-15 % and is purely speculative in nature. This is reccomendation for a person with High Risk appetite.

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Wednesday, October 21, 2009

Access your CIBIL Report

You can now access your Credit Information Report (CIR) directly from CIBIL. As you may be aware, your CIBIL CIR is a factual record of your credit payment history compiled from information received from credit grantors. The purpose is to help credit grantors make informed lending decisions - quickly and objectively, and enable faster processing of your credit applications to help provide you speedier access to credit at better terms.

You can request for a copy of your CIBIL CIR in three quick steps through Email, Mail, Telephone or Fax:
Email: myreport@cibil.com
1. Email the CIR Request Form duly filled in
2. Mail self attested hardcopies of you lastest Identity Proof1and Address Proof2 documents and Fees3 to P.O.BOX 17, Millennium Business Park, Navi Mumbai- 400710
3. Once CIBIL receives the documents and Fees3, your request will be processed and copy of your CIR will be dispatched to you.
Letter: Address*
1. Write to CIBIL with the CIR Request Form duly filled in
2. Also mail self attested hardcopies of your Identity Proof1 and lastest Address Proof2 documents and Fees3 to P.O.BOX 17, Millennium Business Park, Navi Mumbai- 400710
3. Once CIBIL receives the documents and Fees3, your request will be processed and copy of your CIR will be dispatched to you.
Telephone: 022-61404300
1. Fax CIBIL the CIR Request Form duly filled in
2. Mail duly filled in CIR request form and self attested hardcopies of your Identity Proof1 and latest Address Proof2 documents and Fees3 to P.O. BOX 17, Millennium Business Park, Navi Mumbai - 400710
3. Once CIBIL receives the documents and Fees3, your request will be processed and a copy of your CIR will be dispatched to you.
Fax: 022-40789007
1. Fax CIBIL the CIR Request Form duly filled in
2. Mail self attested hardcopies of your Identity Proof1 and latest Address Proof2 documents and Fees3 to P.O.Box 17, Millennium Business Park, Navi Mumbai 400710
3. Once CIBIL receives the documents and Fees3, your request will be processed and a copy of your CIR will be dispatched to you.

1. Valid Identity Proof: PAN Card/ Passport/ Voters ID (Mail self attested hard copy of any one of these Identity Proofs)
2. Valid Address Proof: Bank Account Statement/ Electricity Bill/ Telephone bill (Mail self attested hard copy of any one of these Address Proofs)
3. Payment terms: Demand Draft (DD) of Rs 142/- (inclusive of all taxes and express delivery charge), in favour of Credit Information Bureau (India) Limited payable at Mumbai
Please note that the fee once paid is non-refundable.  
Download Request Form
CIBIL has no authorised agents. Please do not contact anyone other than CIBIL in order to gain access to a copy of your Credit Information Report.
Your CIBIL CIR will be presented to you in a simple and easy to understand format. However, on receiving your CIBIL CIR, if you require any explanation/clarification, you can email us at consumerqueries@cibil.com or call us on 022-61404300.
CIBIL is always at your service to assist you.
 
* Credit Information Bureau (India) Limited
P.O Box 17,
Millennium Business Park,
Navi Mumbai- 400710
 
Source: www.cibil.com

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QuickPick Tracker

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Tuesday, October 20, 2009

Updates on XPRO India Ltd.

FinWin is recommends buy on XPRO India Limited as a Quick Pick for short term this stock can also be held for long term perspective, click for details on XPRO India for report published earlier as value pick
Short Synopsis:

MCap.(Rs. in Cr.) 
26


YTD Sales Growth
10 - 20 %
BV (Rs.) 
97.65


YTD Profit Growth
50%
Div. Yield (%) 
4.16


Share Capital  
11 Cr
EPS (Rs.)
0.75


Reserves and Surplus 
96.41 Cr
P/BV
0.325


CMP
31.80
Buy at CMP preferable at dips with stop loss at Rs. 27.50/-
Risk reward ratio 1: 2.5
TGT: 15 - 20 % in next 1-3 months time horizon
T1: 36, T2: 38, T3: 42

Current Trigger: Positive breakout above 52 week high level with very huge volumes (almost 10 times 2 week average in just 2 hrs of trading today morning)
QuickPick Tracker
Disclaimer:
Please note that the stocks in Quick Pick segment can give a POP of +/- 10-15 % and is purely speculative in nature. This is reccomendation for a person with High Risk appetite.

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Updates on Jindal Saw Ltd.

CMP:822

T1: Target 1 800 achieved (appreciation 8% from recommended price)
Approaching T2: Target 2 (11% appreciation)

Strategy book partial profit around T2 level and hold rest with stop loss at 789

QuickPick Tracker
Cheers!
FinWin

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Saturday, October 17, 2009

Historical returns on Sensex since 1979

In this article I am analyzing Historical Returns generated by Sensex since its inception and logical conclusion derived on basis of the facts and figures.

In one of the earlier post FinWin recommended investment into Index ETF mentioning that one doesn't need to invest time, follow or track the underlying constituent  for performance if a person has long term investment horizon i.e. 10+ years. Also in articles on Financial Independence, I have mentioned about 'Power of Compounding' where calculations are based on 10% CAGR effect over long period of time. Having said that FinWin has recommended investment option as equities to get 10% or more CAGR returns. 

The base year for sensex was 1978-79 at base index value of 100 which has now grown to 17000+ in 30.52 years since then growing at 18.36% CAGR .which is quite exceptional returns. The article highlight three key indicators namely 'Probability of Loss' , 'Average returns' and 'Deviation from Average' across different time slices of 1 yr, 3 yrs, 5 yrs, 7 yrs, 12 yrs, 15 yrs, 20 yrs and 30.52 years.
As it is quite evident from the data 'Probability of Loss' in short term is 50% to 9% with 'Average Return' ranging from 18% to 11% and 'Deviation from Average' from 30% to 7.5% points for investment time frame of 1 year to 7 year period. However with time horizon of investment more than 10 year to 30 years you will see that 'Probability of Loss' is NIL with returns averaging from 10% to 20% and deviation from average of around 4.75% to 2.5%.


Thus based on the facts and figures as presented below the conclusion derived is that investment in Index in short to medium term provides return  of   11%-18% CAGR with deviation of around +/-7 to 30 with Probability of capital erosion of around 9%-50% hence proving very volatile with risk to the capital invested. But if a person is invested over long term i.e. 10+ years than 'Probability of Loss' or 'Capital Erosion' is virtually NIL providing a return of 10% - 20% CAGR with average deviation of +/- 2 to 5 points.


Click here

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Friday, October 16, 2009

High Return Corporate Fixed Deposit Scheme - KCP Ltd.

KCP Limited a part of KCP group offers lucrative fixed deposit scheme:
Highlights:
Non-Cumulative Deposit
Tenure: 1 to 3 years
Rate of Returns: 10 to 10.5 % p.a.
Min. Investment: INR 21000/- and thereafter in multiple of 1000
Payout: Quarterly
Risk: Credit rating from Credit rating agency not known (check website for more details)

Cumulative Fixed Deposit
Tenure: 1 to 3 years
Rate of Returns: 10 to 11% CAGR
Payout: On Maturity
Risk: Credit rating from Credit rating agency not known (check website for more details)

At the look of it the fixed deposit scheme looks quite attractive from a good company, but before taking an investment decision ensure to read all terms and conditions, risk factors etc. I am not sure if the scheme has sought any credit ratings for the instrument from 3rd Party Credit Rating agencies like ICRA, CRISIL or any others.
Click here for more detail or alternate link

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Jindal Saw Limited

FinWin is recommending buy on Jindal Saw Limited as a Quick Pick for Short Term.

I will post more detailed analysis soon.

Short Synopsis:
CMP: 741
EPS: 58
P/E Ratio: 13
BV: 532
P/Book: 1.4
3 Yr CAGR Sales Growth (%) : 30.x
3Yr CAGR Profit Growth (%) : 50

Buy at CMP with stop loss of Rs. 700*
Risk reward ratio: 1:3
TGT: 15 - 20 % in next 1-3 months time horizon
T1: 800, T2: 825, T3: 850

*By oversight I didn't put stop loss in the morning, fortunately trade did go our way, since it has now closed at 789 you can move stop loss to recommended buy level / purchase price this will help you protect the capital going ahead.
Disclaimer:
Please note that the stocks in Quick Pick segment can give a POP of +/- 10-15 % and is purely speculative in nature. This is reccomendation for a person with High Risk appetite and its very risky proposition.

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