ViewFar's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/19448/comments http://seekingalpha.com/article/115123-hdfc-down-7-no-surprise?source=feed#comment-357797 357797 Fri, 16 Jan 2009 12:56:25 -0500 http://seekingalpha.com/article/106253-would-a-trade-war-help-solve-the-problem-of-excess-capacity?source=feed#comment-307766 307766 Mon, 17 Nov 2008 09:06:34 -0500 http://seekingalpha.com/article/103186-the-political-case-to-short-india?source=feed#comment-295211 295211
Propensity to write off India as a basket case exists to a large extent among western authors as they are unable to comprehend how such a diverse nation with so much of disparity can still exist as a nation. Especially in a recession. India has and has been working towards solving these issues. The issues are large and mind boggling no doubt. But a lot of progress has been made.

Those parts of India which are the least developed show the most Naxal activism and this is to be expected. The government should and it will continue to devote more resources to developing these areas to strengthen the nation.

India's private sector is vibrant, and its stock market is well developed. Private enterprise has led much of the recent gains and will continue to. I have no doubt India will emerge from this "global" recession stronger. It has grown over the last year and will continue to grow through the current "global" recession as well.]]> Fri, 31 Oct 2008 12:14:41 -0400
Propensity to write off India as a basket case exists to a large extent among western authors as they are unable to comprehend how such a diverse nation with so much of disparity can still exist as a nation. Especially in a recession. India has and has been working towards solving these issues. The issues are large and mind boggling no doubt. But a lot of progress has been made.

Those parts of India which are the least developed show the most Naxal activism and this is to be expected. The government should and it will continue to devote more resources to developing these areas to strengthen the nation.

India's private sector is vibrant, and its stock market is well developed. Private enterprise has led much of the recent gains and will continue to. I have no doubt India will emerge from this "global" recession stronger. It has grown over the last year and will continue to grow through the current "global" recession as well.]]> http://seekingalpha.com/article/98753-yahoo-shares-keep-falling-no-deals-with-anyone?source=feed#comment-275641 275641 Tue, 07 Oct 2008 10:08:56 -0400 http://seekingalpha.com/article/97219-india-s-recent-economic-growth-causing-infrastructure-problems?source=feed#comment-264771 264771 Thu, 25 Sep 2008 10:50:24 -0400 http://seekingalpha.com/article/96048-being-contrarian-and-thinking-of-buying?source=feed#comment-257971 257971 Thu, 18 Sep 2008 11:00:47 -0400 http://seekingalpha.com/article/90590-zhongpin-has-great-earnings-but-does-anyone-care?source=feed#comment-229262 229262 Wed, 13 Aug 2008 08:43:57 -0400 http://seekingalpha.com/article/90123-icici-bank-unwarranted-beating-proven-growth-prospects?source=feed#comment-227267 227267 Sun, 10 Aug 2008 15:59:50 -0400 http://seekingalpha.com/article/85895-emerging-markets-infrastructure-is-booming?source=feed#comment-210771 210771 Mon, 21 Jul 2008 13:20:50 -0400 http://seekingalpha.com/article/84519-good-time-to-buy-chinese-currency-follow-the-hot-money?source=feed#comment-202951 202951 Fri, 11 Jul 2008 10:23:52 -0400 http://seekingalpha.com/article/72080-smart-phone-wars-iphone-vs-blackberry-vs-android?source=feed#comment-150279 150279 Mon, 14 Apr 2008 09:08:27 -0400 http://seekingalpha.com/article/71696-bp-could-lose-20-billion-to-gazprom?source=feed#comment-147552 147552 Wed, 09 Apr 2008 09:21:56 -0400 http://seekingalpha.com/article/70042-the-long-case-for-chinese-smallcap-xinhua-finance-media?source=feed#comment-132315 132315 Thu, 27 Mar 2008 09:03:27 -0400 http://seekingalpha.com/article/68548-global-oil-shock-rattles-world-stock-markets?source=feed#comment-127511 127511 2) Its odd that Bond vigilantes are asleep and in a coma. They will arise with full vigor shortly.
3) Commodities traders beware, there's only so much the world can take. Don't drive the rest of the world into a recession as well. Demand is directly linked to the price at which it can be consumed.

What does this article tell me ? A Global Recession is on the way and its going to be bad, its going to last longer than anyone expects and there are going to be very few safe havens. They will be the usual, Gold and Cash.
]]> Mon, 17 Mar 2008 07:44:54 -0400 2) Its odd that Bond vigilantes are asleep and in a coma. They will arise with full vigor shortly.
3) Commodities traders beware, there's only so much the world can take. Don't drive the rest of the world into a recession as well. Demand is directly linked to the price at which it can be consumed.

What does this article tell me ? A Global Recession is on the way and its going to be bad, its going to last longer than anyone expects and there are going to be very few safe havens. They will be the usual, Gold and Cash.
]]> http://seekingalpha.com/article/67599-google-should-hit-90-search-market-share?source=feed#comment-124602 124602
Besides you forget Google Toolbar, this invention has put the power of deciding the primary search engine in the consumers hands regardless of what Microsoft decides. Also Firefox has a 38% share and climbing share of the browser pie. So you can forget Microsoft posing any kind of serious challenge to Google in the search market. All it can do is limit Google in other areas by aggressively investing in them. ]]> Mon, 10 Mar 2008 08:28:35 -0400
Besides you forget Google Toolbar, this invention has put the power of deciding the primary search engine in the consumers hands regardless of what Microsoft decides. Also Firefox has a 38% share and climbing share of the browser pie. So you can forget Microsoft posing any kind of serious challenge to Google in the search market. All it can do is limit Google in other areas by aggressively investing in them. ]]> http://seekingalpha.com/article/63763-india-s-exploding-real-estate-market-shades-of-the-florida-condo-bubble?source=feed#comment-115349 115349 www.online.citibank.co...

The problem arises when investing through mutual funds based in India -- PFIC becomes an issue for US based residents . See www.altassets.com/case...

You can however invest in Indian equities directly - for this brokerages in India do not provide an online method, you will have to do it via phone or email only. You will still have to obtain the RBI's permission (PIS scheme or PMS scheme), set up demat accounts, identify the bank branch and bank account through which you will fund the broking account, make arrangements with your broker to report your transactions to the RBI. Its all a big hassle. I am investing in Indian equities directly from the USA through HDFC / Navia Markets for the last 2 years.

Please investigate your tax situation and the types of accounts you would like to use - NRE / NRO etc. You can also find lots of useful information on this subject at www.r2iclubforums.com/.../

RE: The Real Estate prices that you spoke about in your article, I agree with you that there is a bubble. But there is also accelerating demand - due to migration to cities, due to increasing salaries, due to SEZs and Real Estate companies buying up HUGE land banks, & amazing amounts of foreign direct investment in real estate in India (currently FDI in real estate is automatic, no prior RBI / FIPB permission is needed, so companies abroad can and do waltz in with their bubble money and buy up huge amounts of land). So while there is basis for increasing prices, prices as they currently exist are probably bubble like and like every bubble will burst sometime in future.

Opinions expressed here are my personal opinion and do NOT reflect opinions of my employer or any other organization. They are NOT legal opinion, please consult your legal advisor before taking any action based on opinions mentioned here.]]> Fri, 08 Feb 2008 19:23:07 -0500 www.online.citibank.co...

The problem arises when investing through mutual funds based in India -- PFIC becomes an issue for US based residents . See www.altassets.com/case...

You can however invest in Indian equities directly - for this brokerages in India do not provide an online method, you will have to do it via phone or email only. You will still have to obtain the RBI's permission (PIS scheme or PMS scheme), set up demat accounts, identify the bank branch and bank account through which you will fund the broking account, make arrangements with your broker to report your transactions to the RBI. Its all a big hassle. I am investing in Indian equities directly from the USA through HDFC / Navia Markets for the last 2 years.

Please investigate your tax situation and the types of accounts you would like to use - NRE / NRO etc. You can also find lots of useful information on this subject at www.r2iclubforums.com/.../

RE: The Real Estate prices that you spoke about in your article, I agree with you that there is a bubble. But there is also accelerating demand - due to migration to cities, due to increasing salaries, due to SEZs and Real Estate companies buying up HUGE land banks, & amazing amounts of foreign direct investment in real estate in India (currently FDI in real estate is automatic, no prior RBI / FIPB permission is needed, so companies abroad can and do waltz in with their bubble money and buy up huge amounts of land). So while there is basis for increasing prices, prices as they currently exist are probably bubble like and like every bubble will burst sometime in future.

Opinions expressed here are my personal opinion and do NOT reflect opinions of my employer or any other organization. They are NOT legal opinion, please consult your legal advisor before taking any action based on opinions mentioned here.]]> http://seekingalpha.com/article/63763-india-s-exploding-real-estate-market-shades-of-the-florida-condo-bubble?source=feed#comment-115295 115295 There are several web based brokers that support direct investments from NRI's especially from the Middle East region. Share Khan, India Bulls, Navia Markets all have NRI oriented support help sites on how to invest. You will need permission from the RBI (valid for 5 years), under the PIS (Portfolio Investment Scheme). You need a valid PAN number to apply, the funds that you invest will have to go through an identified branch and an identified account (PIS account). The funds that you invest can only be on a delivery basis i.e. you will have to take delivery of the stock before you can sell it (No short sales). There are limits on each Industry / Company on how much of the total equity can be held by FIIs & NRIs, once this limit is reached, no further investments are allowed. Every transaction needs to be reported to the RBI.
It is true that Foreign Individual investors are unable to invest directly in Indian stocks. However, Foreign Institutional Investors (FIIs) are allowed, after they obtain permission from the RBI and SEBI.
India is a land in transition, there are extreme variations in incomes. Delhi has the highest per capita income in the nation. Prices are supported by demand. If there is no demand, prices will come down. You can see this in Bangalore - there are several apartment builders who are sitting on vacant apartments in areas such as Outer Ring Road, Sarjapura Road. Incomes are going up 15% a year, i.e. doubling every 6-7 years. I know of several people in the age group 21-30 earning more than 12 lacs per annum, who own houses they purchased at 50-60 lacs. This was unthinkable 10 years ago. So the number of people earning high salaries has gone up significantly. This has caused asset inflation in all categories and consumption. This is what is driving the Indian Growth story. When will this end ? Good question. The RBI has already taken steps to cool the real estate sector. Some of its effects are already felt in high growth regions. It is expected that prices will fall 10-15% in these areas in the next 2-3 years.
]]> Fri, 08 Feb 2008 13:08:36 -0500 There are several web based brokers that support direct investments from NRI's especially from the Middle East region. Share Khan, India Bulls, Navia Markets all have NRI oriented support help sites on how to invest. You will need permission from the RBI (valid for 5 years), under the PIS (Portfolio Investment Scheme). You need a valid PAN number to apply, the funds that you invest will have to go through an identified branch and an identified account (PIS account). The funds that you invest can only be on a delivery basis i.e. you will have to take delivery of the stock before you can sell it (No short sales). There are limits on each Industry / Company on how much of the total equity can be held by FIIs & NRIs, once this limit is reached, no further investments are allowed. Every transaction needs to be reported to the RBI.
It is true that Foreign Individual investors are unable to invest directly in Indian stocks. However, Foreign Institutional Investors (FIIs) are allowed, after they obtain permission from the RBI and SEBI.
India is a land in transition, there are extreme variations in incomes. Delhi has the highest per capita income in the nation. Prices are supported by demand. If there is no demand, prices will come down. You can see this in Bangalore - there are several apartment builders who are sitting on vacant apartments in areas such as Outer Ring Road, Sarjapura Road. Incomes are going up 15% a year, i.e. doubling every 6-7 years. I know of several people in the age group 21-30 earning more than 12 lacs per annum, who own houses they purchased at 50-60 lacs. This was unthinkable 10 years ago. So the number of people earning high salaries has gone up significantly. This has caused asset inflation in all categories and consumption. This is what is driving the Indian Growth story. When will this end ? Good question. The RBI has already taken steps to cool the real estate sector. Some of its effects are already felt in high growth regions. It is expected that prices will fall 10-15% in these areas in the next 2-3 years.
]]>