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Sneha Shah  

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  • Buy ICICI Bank As Blood Flows On Indian Streets [View article]
    ICICI bank has fallen by around ~14% in the last one month, as Q414 results missed analyst expectations. The major point of concern was the increase in net NPA by 33 bps year on year to 1.27%. However the company reported an all-time high quarterly profit of Rs.2889 crores (around $450 million), which was up 14% year on year and its net interest margin also improved. The other state owned banks performed even badly, with their NPAs rising at a much steeper pace. India is going through a bottoming out process in a cyclical recovery and the NPA rise is not of much concern in my view. The new government has seen the investor sentiment improve and the GDP growth is all set to increase in the coming couple of years. This should alleviate the issue of rising NPAs. While the stock valuation is not cheap as before, the company should benefit from the structural change in the Indian economy with the advent of the reform oriented and pro-business Modi government. Investors may use the dip to build positions in ICICI bank with a long term view.
    Feb 27, 2015. 02:11 AM | Likes Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 4 [View article]
    Good stock with large stakes in major commodity companies , however dependent on commodity prices which are showing no signs of going back up
    Jan 21, 2015. 10:11 AM | Likes Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 4 [View article]
    Land acquistion ordinance is already passed. They also passed some labor laws. Rajasthan a state ruled by the BJP has already passed some very radical labor laws. Other states should follow suit
    Jan 21, 2015. 10:10 AM | Likes Like |Link to Comment
  • ReneSola: Temporary Setback, But Long-Term Fundamentals Remain Strong [View article]
    I think the prices are down to the oil effect. Seems a good time to buy at its all time low
    Jan 13, 2015. 07:40 AM | Likes Like |Link to Comment
  • Petrobras - Convergence Of Headwinds [View article]
    yes my mistake , has been corrected, I meant headwinds not tailiwinds
    Dec 10, 2014. 12:08 AM | Likes Like |Link to Comment
  • ARM Is Still A Short [View article]
    Everyone wants to have a competition amongst suppliers (Porter's five forces). Having Intel as a monopoly supplier is not of interest to anyone. That is the reason why every major server customer is trying so hard to push ARM.
    Nov 30, 2014. 06:50 AM | Likes Like |Link to Comment
  • Why Falling Indian Jewelry Shares Indicate A Potential Gold Bottom [View article]
    Again a mix of bank plus home... Keeping at home might lead to burglaries while banks might crash in a worst crash scenario taking your gold
    Nov 19, 2014. 10:03 PM | 1 Like Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 2 [View article]
    This is one part of a series of articles. I am pointing out only major political risks here not all risks.
    Nov 19, 2014. 06:20 AM | 1 Like Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 1 [View article]
    The poverty is not due to beliefs or culture. It is due to plain economic mismanagement of the current political class as well as 300 years of western exploitation before.
    Nov 18, 2014. 10:43 AM | 1 Like Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 1 [View article]
    India's growth spurt started only in 1990s when they unleashed market reforms freeing from dumb government controls. Before that getting a telephone line or a scooter was a great privilege and used to take almost a year. Thanks to Soviet type controls on industry.

    As for energy, in India you can now generate solar energy for 10c/KwH and it is only getting cheaper
    Nov 18, 2014. 10:41 AM | Likes Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 1 [View article]
    Rate cut is inevitable. I think there are much better options to invest directly in the Indian markets. Much cheaper ETFs and well managed mutual funds available in India

    Don't know too much about other markets.Yes based in India.

    Here is a secret not known to the public - Most Indian CEO's have already firmed up massive investment plans due to the new government. I don't think 10% GDP growth in India is an outlandish idea
    Nov 18, 2014. 07:37 AM | Likes Like |Link to Comment
  • Why India Has Embarked On A Long-Term Bull Market - Part 1 [View article]
    Thanks Robert
    Nov 18, 2014. 07:10 AM | Likes Like |Link to Comment
  • IBM: Has The Stock Reached A Bottom? [View article]
    see link on the 3rd line of the article
    Nov 17, 2014. 09:16 PM | Likes Like |Link to Comment
  • IBM: Has The Stock Reached A Bottom? [View article]
    I am not a buyer till I see more strategic intent to return to topline growth. Mgmt in the last few years has mostly been good at financial engineering rather than product enginnering. These stocks can languish for a long time at even lower prices
    Nov 16, 2014. 10:55 PM | 5 Likes Like |Link to Comment
  • IBM: Has The Stock Reached A Bottom? [View article]
    It is an Indian company just like Canadian Solar is a Chinese company (most of Cognizant's workers are in India)
    Nov 16, 2014. 10:53 PM | Likes Like |Link to Comment
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