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Sunil Shah

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  • More Dis-Economies Of Scale At Salesforce.com [View article]
    jirii75 how can you prove Salesforce is Oracle's largest customer? I would be very surprised.
    Mar 5 08:33 AM | Likes Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    It's the settlement announced on feb 6.

    Also Latest filings (released feb 14) show Pentwater Capital Management (a litigation expert large hedge fund with a respectable track record) has raised its stake to 6.3% of Ebix o/s shares in dec 13, from 0% in Mar 13.

    I might not be able to decipher all the nuances of the litigation and SEC enquiry, but if someone can, it's him.
    Feb 19 03:30 PM | 1 Like Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    The case Civil Action No. 1:11-CV-02400-RSW has been settled. The other litigation appears to be a derivative complaint, so should be settled promptly also.
    Almost blue skies ahead!
    Feb 19 11:26 AM | Likes Like |Link to Comment
  • Western Digital And Seagate: The Tablet Sweet Spot [View article]
    Great article Jonathan, thanks!

    Love the explosion of cold data shown on EMC's graphic. And we know who the beneficiaries are in the HDD duopoly, even if the eventual servers end up being NTAP or IBM or EMC.

    Pls explain your tablet revenue figures further:
    -
    Year
    2014 Tablet size: 265m units
    Tablet HDD rev $3.5B
    How does the price/hdd you use compare to Seagates 5mm drive? is this the hybrid with 8gb NAND?
    -what kind of price increase/decrease in hdd per tablet are you assuming going forward into 2017?

    -This would totally change the revenue growth profile of both WDC and STX. Coupled with the explosion of cloud cold data storage, the market will finally see them as growth stocks!

    thanks
    Feb 5 05:04 PM | Likes Like |Link to Comment
  • Ebix - Short Squeeze In Play [View article]
    short ratio is 55% ! of free float, the second highest of S&P 1500. This is going to bounce up hard very shortly.

    As per yahoo finance:
    Shares Short (as of Sep 30, 2013): 16.42M
    Short Ratio (as of Sep 30, 2013): 20.7
    Short % of Float (as of Sep 30, 2013): 55.10%
    Shares Short (prior month): 16.12M


    S\New shorts as of September now firmly underwater. If there is any callback of loaned out shares, that the shorts will then be obliged to buy, this will explode
    Oct 23 08:45 AM | 3 Likes Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    Short ratio is now 54% of free float! 22 days of current daily volume! Whoever shorted in first half of September is now underwater. The slightest good news (Ebix lawyers progressing in their legal battle) will catapult the share upwards.

    Shares Short (as of Sep 13, 2013): 16.12M $10.5-11.0
    Short Ratio (as of Sep 13, 2013): 22.5
    Short % of Float (as of Sep 13, 2013): 54.10%

    PREVIOUS MONTH:

    Shares Short (as of Aug 15, 2013) : 14.17M $10.5-11.5
    Short Ratio (as of Aug 15, 2013) : 9.1
    Short % of Float (as of Aug 15, 2013): 47.50%
    Shares Short (prior month): 11.75M

    Oct 9 02:19 PM | 3 Likes Like |Link to Comment
  • Ebix: New Problems Emerge In Singapore, Sweden And India [View article]
    thanks for the info Seattle. $150 k plonked for Oct 6. This article must surely be the catalyst they were banking on. Previous articles did lead to a massive fall, so makes sense.

    Looks like a turn in the road for ebix shareprice....
    Sep 20 08:51 PM | Likes Like |Link to Comment
  • Ebix: New Problems Emerge In Singapore, Sweden And India [View article]
    ON SWEDEN:<br>Gotham if you want any credibility on your claims on Sweden (and want to avoid prison bars on misleading investors) this is what I suggest you do:<br><br>... ALL of Ebix's Swedish subsidiaries and line up their revenue and profit for 2012.<br>-Then eliminate intercompany transactions<br>... if you see a hole vis a vis consolidated results, post it here.<br><br&... have been warned. Your 'research' is misleading. It is causing distortions and losses to investors, and you have now been given an opportunity to correct your misleading statements, which are eventually bound to attract SEC scrutiny; hiding behind Gotham will not protect you in your personal capacity.<br><... the Sweden allegations, this article should never seen the light of day. (The rest, India & Singapore, there are enough holes previously disclosed not to warrant new time analysing them).<br><br... alpha is also partly to blame. Where is the editorial quality control? Seeking Alpha you permitted this: The article takes ONE Swedish subsidiary (which was being wound down, and has been in 2013), says it received a qualified audit opinion and jumps to the conclusion that ALL Swedish profits are fraudulent, without any reference to other Swedish Ebix entities.<br><...
    Sep 20 08:41 PM | 11 Likes Like |Link to Comment
  • Ebix: New Problems Emerge In Singapore, Sweden And India [View article]
    The new spin is on Sweden. He focuses on the late filings of one subsidiary (it appears to have been wound down in 2013), and claims 'fraud'. What about the filings of the other Swedish subsids? Perhaps the Swedish profits were booked there? Would an auditor sign off on acts where 10% of profits (ie in Sweden) were not even looked at?
    Sep 19 09:41 AM | 5 Likes Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    The short ratio has gone up even further in first half of August!
    From 11.75m shares to 14.17m. So they shorted more at a price around $11.

    Whoever is shorting this is confident it's going down to zero....

    The ratio is now 47% of free float. Wow
    Sep 12 05:38 PM | Likes Like |Link to Comment
  • Apple's Loser Strategy [View article]
    The only reason MSFT bought NOK devices is to stop someone else buying it. Windows Phone would die without NOK. Imagine if AAPL had bought Nok's devices division (for 7bn), changed the O/S to theirs, and had a non premium second brand (NOKIA) for the emerging market. That $7bn would have cost them a lot less than the loss in market cap with their newest utterly uninspiring new launch. This would have been a major strategic move for AAPL in preserving the cachet premium of the iphone and having a second brand for emerging markets. Now that's genius!
    Sep 12 04:32 PM | 5 Likes Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    Not sure of your maths where a 2% organic growth = 16 multiple.
    Please explain

    I am confident organic growth is at least 6%, through difficult times.
    I'm giving them a 15X free cashflow multiple to get $28/share
    Aug 23 12:03 PM | Likes Like |Link to Comment
  • HDFC Bank: Macroeconomic Headwinds Present Excellent Buying Opportunity [View article]
    great informative article!
    one question on India's current account: if a large portion of it is gold imports, then couldn't one argue that is a form of savings? It certainly isn't typical consumer spending! Is there a valid argument That gold imports should be excluded from the Current act calculations?

    Do you know What is the CA deficit as % age of GDP, with and without gold?

    thank you
    Aug 22 03:26 PM | Likes Like |Link to Comment
  • Combining Contrarian And Momentum Investing [View article]
    thanks for responding Ploutos, it's not my idea, it's yours as I understood it! Just to clarify:
    Is the data and graph above on a monthly rebalancing and choosing for the subsequent month? (is the EW index rebalanced monthly as well)? And is it at the start of month? Does it make a huge difference on which day of month?

    thanks again
    Aug 21 03:54 AM | Likes Like |Link to Comment
  • Ebix: Navigating Through The Legal Maze To The Upside [View article]
    As for Raina and Rennes stake after the aborted GS merger
    (from a release emailed to me by fellow SA contributor p2invest):

    "The Raina Investors and the Rennes Fondation (collectively, the "Rollover Stockholders") collectively currently own approximately 19% of the Company's outstanding shares. After the Merger is completed, the Raina Investors will indirectly retain an ownership interest of approximately 29% of the Company"

    This is NOT the conduct of a CEO who thinks the company has been fraudulent.
    Aug 20 03:16 PM | 4 Likes Like |Link to Comment
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