Lord Jesus Christ Says...

For what shall it profit a man, if he gain the whole world, and suffer the loss of his soul? Jesus Christ

24 Oct 2015


Hi Friends,  For 2 Q FY 2016,  South Indian Bank (SIB) reported a moderate set of numbers.  Its net profit rose by 22.38% to Rs.93.4 Cr, helped by lower provisions for bad loans and growth in other income.  However the asset quality disappointed with slippages increasing to 2.38% and with gross and net  NPA ratios too deteriorating further.  Advances growth improves,  NIM rises; however asset quality weakens .  During 2 QFY 2016 , the bank’s advances and deposits grew at a moderate pace of 11.8% and 13.6% yoy ( Year on Year) respectively.  Within advances , the SME + Agri loan book grew at a healthy pace , i.e. at 25.9% yoy , while the corporate book grew by 17.4% yoy.  The company is shifting its focus to retail , SME and agriculture loans.   But retail advances continued to dip during the quarter; they declined by 10.3% yoy as gold loans continue its downward trend.  

Nevertheless, the Management expects disbursement prospects in the gold loans segment to improve going forward.  CACA deposits grew by 17% yoy and the CASA ratio improved to 22.8% during the quarter.  The reported NIM for the Bank increased by 13 bp qoq to 2.67%; the Management expects it to increase to 2.75 – 2.80% for FY 2016 with improvement in CASA ratio and on account of repricing of deposits at lower rates.  Other income excluding treasury declined 2.8% yoy to Rs.79 Cr while the treasury income improved by 247% yoy to Rs.42 Cr.  On the asset quality front, the Gross 

NPA ratio increased by 39bp qoq to 2.24%, while the Net NPA ratio came in at 1.39% as compared to 1.21% in 1 Q FY 2016.  Slippages during the quarter were higher at Rs.222 Cr., a major contributors  was a Pharma account (to the tune of Rs.119 Cr.).  The bank has restructured 1 road project account worth Rs.95 Cr.  , the total outstanding standard restructured book as at the end of the quarter stood at Rs.2,000 Cr.  Issues pertaining to asset quality continue to be a key concern for the bank.  Going forward, due to weak outlook on asset quality and subdued margin for the bank, the future outlook is not very encouraging.

Good Luck.                                                            See You Later.


 Hi, dear friends, please read the following quotes of kindness and enjoy it.








Thanking you,                                                 see you later.

23 Oct 2015


Hi Friends,   Manappuram Finance Ltd. is a non-banking financial company situated in Valapad, Thrissur, Kerala.  It has over 3200 + branches across 25 states, a staff strength over 15000+ people.  They have started Jewelry  show rooms  in their expansion programme.  Mr. V.P .Nandakumar is the MD & CEO.  Manappuram Finance Ltd. stands at the forefront of India’s quest to convert its gold into a socially relevant business opportunity.  For the last few years they have been one of the fastest growing companies in India.  In the five years up to  2012 they had grown at a CAGR in excess 70% , in the process becoming one of the leading non banking financial companies in India. Price of gold is decreasing due to currency de valuation and strong US $ .  Therefore gold loan financing companies’ future  is bright.  Manappuram finance has been paid better dividend to investors for the last 5 years.  This year 90% dividend i.e. 1.8 Rs. per Rs.2/-  face value share.  Company’s PE is 7.20,  dividend yield is 7.44%.

Financials:   Market Cap – 2035.72,  Equity capital -  168.24,  P/E -  7.20,  Book-Value -  21.23,  Share Price -  24,  Div. – 90% i.e.  1.8 per share,  Div.yield -  7.44%,  Face Value of shares -  Rs.2/-,  Industry  PE -  24.47.  Dividend yield is  high for the last 5 yrs.  Reserve excluding revaluation reserve  Rs.2460/-,  Debt equity ratio  0.63.   Gross sales in Cr for the period from 2011 to 2015 :  1178.75,  2615.55,  2217.31,  2100.43,  and  1975.73.  Net profit for the period from 2011 to 2015 in cr:  282.66,  591.46,  208.43,  226.01  &  270.73.  Shares held by promoter  32.31%.  Foreign Institutions  38.51%.

Good Luck.                                                              See You Later.


Hi Friends,  Narrated below are  some meaningful quotes ,  read and enjoy.

Happiness is not something ready made.  It comes from your own actions.

People are just as happy as they make up their minds to be.

It is very simple to be happy, but it is very difficult to be simple.

If you cry because the sun has gone out of your life, your tears will prevent you from seeing the stars.

You have to dream before your dreams can come true. 

Be more dedicated to making solid achievements than in running after swift but synthetic happiness.

Write your sad times in Sand, write your Good times in Stone.

A good head and a good heart are always a formidable combination.

I am old enough to know better, but young enough to do it anyway.

I love being married.  It’s so great to find that one special person you want to annoy for the rest of your life.

If we were on a sinking ship, and there was only one life vest....I would miss you so much.

The future is shaped by your dreams, so stop wasting time and go to sleep.

Stop worrying about the world ending today.  It’s already tomorrow in Australia.

Everything has beauty, but not everyone sees it.

The good life , as I conceive it, is a happy life.  I do not mean that if you are god you will be happy – I mean that if you are happy you will be good.

The world is full of magical things patiently waiting for our wits to grow sharper.

Nothing prevents happiness like the memory of happiness.

Man never thinks himself happy, but when he enjoys those things which others want or desire.

To be angry is to revenge the faults of others on ourselves.

Past history clearly shows that violence cannot solve problems.

Good Luck.                                                   See You Later.

22 Oct 2015


Hi Friends,  Today I am trying to clear the following doubts of share investors.

Mr. A.  Hi , I invested  in equity , out of  5 lakh I lost  1 lakh.  How to recover my money?  
Any investment in Equity if held for a long term (over 5 years) has the potential to generate real returns and beat all other asset classes.  Would suggest to stay invested in Equity markets,  You may have to reallocate your current investments to mutual funds with a superior track record.

Mr.B.  Dear Sir,  I want to invest in ELSS mutual fund,  kindly suggest me can I go with SIP with one MF or 03 MF and which one?
In case you have liquidity, I would recommend you invest a lumpsum in ELSS, if you invest via SIP route, the last installment will have to stay invested till 3 year, you can invest in Axis Long Term Equity, HDFC Tax Saver or Reliance Tax Saver Fund.

Mr.C.  How to utilize this newly added NPS limit?  Also PM announced more of these Rail Bonds.  So will these bond investments will be a part of 80 CC?
As per the new budget, you can invest an additional Rs.50,000/- in NPS schemes which you can use for retirement planning.  As far as the rail bonds which would be issued in the form of tax free bonds will not be eligible for deduction under section 80 C, but the interest income you will receive will be tax free.

Mr.D.  I want to put 1,00,000 rupees in mutual fund , can you suggest me in which fund to invest?
You should invest in funds such that you have a good balance of large, mid and small cap companies.  You can invest an equal amount in mutual funds in  five star rate given by Credit Rating Agencies like CRISIL,  CARE, etc.

Mr.E.  Hi,  I have monthly gross income of about 1,00,000/-  rupees,  from which I am serving a home loan with monthly EMI of Rs.38000/-.  Kindly suggest the investment so that I can build up my corpus for retirement and daughter’s marriage.
Since you are looking at a long term horizon, I would suggest you to invest in Equities through Mutual funds.  You can invest in diversified funds like – HDFC Equity Fund, and SBI Blue Chip .  I would recommend to increase allocation to Equities now as the outlook is positive with macros improving and earnings cycle expected to pick up gradually.  If you have invested in 2009, you should review your portfolio and see if you need to switch to better funds.

Mr.F.  I would like  to invest in Reliance Retirement Fund launched recently, whether it will be eligible  US  80 CCD?
As of now, Retirement fund is eligible for deduction under section 80C, Similar to your ELSS scheme.  Further , the retirement fund has a lock in of 5 years and the exit load is applicable till you reach the age of 60 years.  You may want to opt for an ELSS scheme, in case you want the flelxibility to redeem early without any costs.

Mr. G.  I want to invest in MF.  Suggest some large cap, mid cap, small cap for long duration with exposure in equity.
Large Cap –  ICICI Pru Focussed Bluechip.  Mid Cap -  HDFC Mid Cap Opportunities Fund,  SBI Mid Cap Fund, Diversified – Reliance Equity Opportunities Fund.

Mr.H.  Is this time right to enter Indian Markets or should I wait for a correction?
This is definitely the right time to invest in the market as the markets are at reasonable valuations and with macro improving, corporate sentiments are improving, the expectation is of an at least 18-20% in the coming few years.  RBI reduced interest rate.  This would expect to  take market to double from current levels.  Also you need to note that time in market is more important than timing the market.  Investors should always think positively.

Mr.I.  Kindly let me know some points to select shares for long term investment?
Now the share markets are in corrective mode.  When Nifty goes beyond 8000, you buy Index shares or mid cap index shares.  If you are not experienced in share market, invest through Mutual Fund (SIP) route is better for 3 to 5 yrs.  When buying shares, you can select debt free companies and also high dividend yield shares.  Sufficient articles are available for reading in this website.

Good Luck.                                                        See You Later.


Hi Friends,  Please read the following positive and inspirational quotes and think about it.

A best friend is like a four leaf clover, hard to find, lucky to have.

Life doesn’t have any hands, but it can sure give you a slap sometimes.

In the morning you beg to sleep more, in the afternoon you are dying to sleep, and at night you refuse to sleep.

God please give me patience, if you give me strength I will just punch them in the face.

I consider myself a crayon, I might not be your favorite colour but one day you’ll need me to complete your picture.

If you don’t discipline yourself , you are sure to be disciplined by others.

A doctor habit is a regular disease with some people.

When I said that I cleaned my room, I just meant I made a path from the doorway to my  bed.

All my life I thought air was free, until I bought a bag of chips.

Life isn’t measured by the number of breaths you take, but by the number of moments that take your breath away.

I love everyone.  I love to be around some people, I love to stay away from others, and some I’d just love to punch right in the face.

The great pleasure in life is doing what people say you cannot do.

The alphabet begins with ABC, numbers begin with 123, music begins with do-re-mi, and friendship begins with you and me.

Long time ago I used to have a life, until someone told me to create a Facebook account.

I don’t need a psychiatrist to prod into my personal life and make me tell them all my  secrets, I have my friends for that.

Good Luck.                                                         See You Later.

21 Oct 2015


Hi Friends,   While a stock market crash,  is what every investor would wish to avoid, it does offer an opportunity to invest in companies with good management and a consistent dividend track record.  A falling stock market improves dividend yield, which is calculated as annual dividend, divided by the current stock price.  Another incentive to hunt for high dividend yield stock is the fact that in India, dividends are tax free in the hands of shareholders.  Therefore, stocks with dividend yield of four or higher should be on investor’s radar.  Care must be taken, however, to segregate companies that show a high yield due to one-time special dividend.  Bank SB rate is reducing below 4%.  Hence investment in shares with high dividend yield is preferred because there is chances for capital appreciation  also involved.  Here 15 shares are mentioned and their dividend yield are 4% and above PA.

Manali Petrochemicals:         CMP 10.70, Div.yield %  4.66.

IL & FS Investment Mgrs.Ltd.  “     18.00       “              6.00

Manappuram Finance               “     24.00       “              5.50

NMDC                                             101.50      “               6.00

Accelya Kale Solutions             “  936.00      “               5.00

Cairn India                                  “  151.55     “                5.00

Deepak Fertilisers                     “  136.40     “                4.60

Mphasis                                     “   417.15     “                4.40

Syndicate Bank                         “   91.85       “                4.50

GNFC                                          “   61.10       “                4.30

NTPC                                          “  127.95      “                4.10

Oil India                                     “   438.85      “                4.50

Graphite India                         “       77.05      “                4.00

SJVN                                         “      28.65      “                4.00

Uco Bank                                 “       50.50      “                3.80

Good Luck.                                                      See You Later.   


Hi friends, please read the following smile quotes and enjoy it.
A smile is the light in the window that lets people know you’re at home. — Source Unknown
Smile, it makes people wonder what you are thinking. — Source Unknown
A smile is an inexpensive way to improve your looks almost instantly. — cited in Bit’s & Pieces
If you have only one smile in you, give it to the people you love. Don’t be surly at home, then go out in the street and start grinning “Good morning” at total strangers. — Maya Angelou
A smile is a light in the window of the soul indicating that the heart is at home. — Source Unknown
A smile is the light in your window that tells others that there is a caring, sharing person inside. — Denis Waitley
Smile at each other, smile at your wife, smile at your husband, smile at your children, smile at each other it doesn’t matter who it is and that will help you to grow up in greater love for each other. — Mother Teresa
Wrinkles should merely indicate where smiles have been. — Mark Twain
A winning smile makes winners of us all. — Source Unknown
If you’re not using your smile, you’re like a man with a million dollars in the bank and no checkbook. — Les Giblin
We smile at the ignorance of the savage who cuts down the tree in order to reach its fruit; but the same blunder is made by every person who is over eager and impatient in the pursuit of pleasure. — William Ellery Channing
Smile; it the second best thing one can do with one’s lips. — Source Unknown
Smile, it’s free therapy. — Doug Horton
One may smile, and smile, and be a villain. — William Shakespeare
Smile and the world smiles with you. Cry and you cry alone. — Source Unknown
Smile and the world smiles with you. Frown and the world frowns upon you. — Source Unknown
Let us always meet each other with smile, for the smile is the beginning of love — Mother Teresa
And smile, smile, smile. — George Asaf
Tis easy enough to be pleasant, When life flows along like a song; But the man’s worth while is the one who is smiling when everything goes dead wrong. — Ella Wheeler Wilcox
Smile and others will smile back. Smile to show how transparent, how candid you are. Smile if you have nothing to say. Most of all, do not hide the fact you have nothing to say nor your total indifference to others. Let this emptiness, this profound indifference shine out spontaneously in your smile. — Jean Baudrillard
The world is like a mirror, you see? Smile, and your friends smile back. –Japanese Zen saying

Thanking you,                                              see you later.

20 Oct 2015


Hi Friends,      What are Penny Stocks?   Penny Stocks are shares of companies that have low capitalization (market  capitalization-the total value or worth of the company) less than Rs.100 crore and each market price below Rs.10.  On BSE or NSE, it is 25% for the BSE and 10% for the NSE, Penny stocks are trading.  They look like a good grab as the downside seems limited.  Penny stocks usually belong to companies with low quality management or negative future outlook.
Why are Penny stocks Cheap?   They may be paper companies.  They have a low quality management.  Non-transparent corporate governance.  Bad future business potential.  Bad balance sheet and bad profit/loss account.  Penny stocks usually seem to belong to dubious promoters.  These promoters sell their unworthy financial companies during the peak period.  Once they have off loaded their junk, they slowly disappear from the light.  The investors then get stuck with the bad investments.  Penny stocks usually have a promoter-operator nexus.  The promoters usually hire investment bankers (low reputed mostly).  These people in turn negotiate a deal with the operators who buy and sell shares anonymously with take accounts.  During boom times, people are ready to buy anything.  These operators carefully create a media frenzy or approach individual investors by mail/phone.  They artificially push up prices and then offload these equity shares to investors.  The profit is then shared between the promoter and operator.  Investors would have no idea as to what or how much shares were insider traded not how long stocks were held.  How many investors read the News and Announcements from BSE/NSE before buying penny stocks?

Risks:   There is a chance to lose 100%.  The promoters can never return and your stock value goes from Rs.4 to Rs.0.  Yes it is a 100% loss.  Your stock may be de-listed – BSE/NSE once a while, delists penny stocks to clear the bourse.  Once it is de-listed you do not have chance to sell it.  The trade volume value is too thin -  You do not get a chance to exit as the value of shares  going up.  You cannot exit when you want.
It is upto clients choice to choose if you buy penny stocks.  But if you are a conservative investor who does not like to lose money, penny stock may not be ideal for you.  It is a high risk-high reward game.  Some low priced comparatively good shares are furnished below.  If you buy these shares please consult with your qualified analysts.

IL & FS Investment Managers:  This is a very good company managed by IL&FS group.  They are involved in Private Equity business and are the only listed PE firm in India.  IL&FS has a strong brand equity.  The last value of stock was around Rs.18.  It gives a very good dividend and has no debts.  While you cannot expect it  to triple or quadruple in next year,  it is somewhat a decent stock to buy in at low cast per share.   Market Cap (Cr.)  720.1,  P/E  13.1,  P/BV  6.95,  Div. yield  5.65%.

JVL Agro Industries:   It has a small cap of around Rs.200 crores and trading at around Rs.15 per share.  It has P/E of 4 and book value of Rs.15.  JVL is the largest single  in-house manufacturer of Vanaspathi Oils.  It has a dividend yield of around 1.5%.   Market Cap (Cr.)  287.1,  P/E  4.3,  P/BV  0.61 ,   Div. Yield   1.17%.

NeoCorp International Ltd:   Neo Corp is a packaging provider especially in textile manufacturing.  It manufactures under Pack Tech brand.  It has a market cap of around Rs.60 crores and per share costs around Rs.15.  The PE ratio is close to 2 and dividend yield is 4%.   Market Cap (Cr.)  59.3,  P/E   3.01,  P/BV   0.23,  Div.yield   3.21%.

Genus Power Infra Structure:   This is one of the leading electricity meters manufacturer in India.  Have moderate debt on their books.  The stock costs around Rs.21 and the market cap is around Rs.500 crore.  The PE ratio is around 9 and promoter holds around 50%.  Earns around Rs.70 crore profit every year.  Decent fundamentals.    Market Cap (Cr.)  678.2,  P/E  11.21,   P/BV  1.22,  Div.yield   0.38%.

Manali Petrochemicals:   The company earns around a quarterly profit of Rs.9 crore and has almost no debt.  It has been around for a long time and is currently valued at around Rs.200 crore.  They are also regular in their dividend policy and the current dividend yield is around d 4.3%.   Market Cap (Cr.)  184.3,   P/E   5.92,   P/BV  0.878,   Div. Yield   4.66%.

Good Luck.                                                see you Later.