INDIA : A COUNTRY OF 1.4 BILLION WHERE HALF THE POPULATION, WHICH IS MEN:
Can not report Domestic Violence
Can not report Sexual Harrassment
Can not report Rape
Can not report Gangrape
Can not report Stalking
Can not report Cruelty by Wife
Can not report outraging of Modesty
India is best if you are a-
Rich farmers - No direct tax, No one has the guts to make them pay.
Reserved Category- You get Reservation, Subsidies & all possible benefits.
MPs and MLAs - No Income tax, Free Toll Tax, Unlimited Pension, Kids studying in the UK, US, Australia etc
India is worst for you if you are a honest taxpayer.
@RajStockWatch There is absolutely no growth in Atms and tms sectors. Most of the rev growth from defence and electrical segment. Also, the company from whom they are buying software seems dubious.
@rajendray Hi Green. Futuristic business of turning waste tyres into fuel oil, glass. Available at 18 pe and set to double capacity by April 24. Presently operating at 75% cu and has room for growth this year as well. Operating continuous pyrolysis prices with significantly low labor req.
India is i think only country in the world where 2 Government agencies are working in opposite direction , finance ministry talk about growth in small companies and providing stimulus packages and SEBI is working in opposite direction to bring ESM types of rules so that investors can't think of investment for Growth in small companies .
My question to SEBI
1 - once company is included in ESM2 then trading will be only 52 days in a year so why company should pay fee for whole year listing
2 - Who will put money in preferential allotment for growth of microcaps or small caps when there is uncertainty about trading .
@narendramodi@nsitharaman@PMOIndia@FinMinIndia
As on date, ~1500- 2000 Cr public money is stuck in ESM and GSM mechanisms with trading once a week. As more stocks enter ESM, this number will soon go to 10000 Cr. Sovrenn @sovrennofficial is writing a letter to SEBI chairperson Ma’am and will share it with everyone soon for thoughts.
We must all get together and share our thoughts with the regulators.
We must remember “Vox Populi, Vox Dei”
#ReconsiderESMStage2
Can we please make the hashtag #ReconsiderESMStage2 trend on twitter so that the authorities hear the investors ? ~80% investors are unhappy with this move as per Sovrenn’s poll.
Kindly reweet and start using hashtag in our tweets.
“Vox Populi, Vox Dei” which means voice of people is the voice of god.
Let’s make our voices heard
#ReconsiderESMStage2
@AnilSinghvi_@NeerajCNBC@_anujsinghal@AEHarshada Dear Sir and Ma’am, request your help here please. We request SEBI to reconsider ESM stage 2 guidelines as it may lead to very low liquidity in MicroCaps and retail money being stuck.
#Stovekraft announces entry into new business segments namely modular kitchens and other low voltage switchgear solutions like electrical switches, sockets etc with the acquisition of skava. Exciting times ahead.
https://t.co/1ycviQstBg
Swiggy closes $1.25 Bn funding led by SoftBank Vision Fund 2 at USD5.5 bn valuation.
Swiggy and Zomato- Similar share in Food delivery business. In fact, I personally would say Swiggy is better.
Why then should Zomato demand a USD8 bn valuation?
https://t.co/DLKY7Ehn4X
*This combined with steady volume growth should result in decent growth over next few years.
*To be debt free and increase roce from 19% to 25% within next few years. Promoter gradually increasing stake.
*P/E 24. Decent cash generation. MNC backing and specialised product.
#VSSL – CMP 260
*VSSL caters to automotive, engineering, tractor, bearing and allied industries.
*Recently got environmental clearance to increase current rolling capacity from 2 to 2.5lakh tonnes p.a
*Recently, Toyota group company Aichi Steel picked up 11% stake. This is a major development as it opens avenues to supply special steel to global automakers.
*Company is guiding for increased realizations or EBITDA per ton going forward.