amiret Posted August 20, 2015 Author Posted August 20, 2015 US oil hits lowest levels since March 2009 . Brent Crude also hits a new 52 week low . It was in the low 40-48 $ range for 4 months in 2009 , otherwise you have to go back 10 years to 2005 when Brent Crude was below 47 $
amiret Posted August 21, 2015 Author Posted August 21, 2015 US Oil fall longest in 29 years . U.S. oil prices headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, after a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consumer. Activity in China's factory sector shrank at its fastest pace in almost 6-1/2 years in August as domestic and export demand dwindled, adding to worries about lower consumption of crude in the second-biggest oil user. A 2% drop in US markets erased all the gains for the Year. Chinese stock indices fell by over 4% on friday . This down trend reminds me of the crash in Sept last year. Wonder if Nifty is headed back below 8K again :hmmm:
randomGuy Posted August 21, 2015 Posted August 21, 2015 US Oil fall longest in 29 years . A 2% drop in US markets erased all the gains for the Year. Chinese stock indices fell by over 4% on friday . This down trend reminds me of the crash in Sept last year. Wonder if Nifty is headed back below 8K again :hmmm: Buy pharma on corrections , after studying the business for each co. of course (my core holding in pharma - shilpa med., granules india, torrent pharma, shasun and alembic pharma, which constitute 60-70% of PF right now) yes bank has fecked me in last few weeks.
amiret Posted August 21, 2015 Author Posted August 21, 2015 Buy pharma on corrections , after studying the business for each co. of course (my core holding in pharma - shilpa med., granules india, torrent pharma, shasun and alembic pharma, which constitute 60-70% of PF right now) yes bank has fecked me in last few weeks. yes , i plan to invest in Pharma specific mutual fund. Don't have the smarts or the agility to invest in them directly. I lost over 20% on Tata Motors , bought before modijee became PM . :(( .
randomGuy Posted August 21, 2015 Posted August 21, 2015 yes ' date=' i plan to invest in Pharma specific mutual fund. Don't have the smarts or the agility to invest in them directly. I lost over 20% on Tata Motors , bought before modijee became PM . :(( .[/quote'] sorry abt that. yes, buy pharma. be company specific and buy on dips if possible.be aware abt the cos. where you invest , study pharma terminology like ANDA, DMF, crams, US FDA inspections and approvals, form 483 observations, import alert, drugs going off patent, exclusivity, FTF etc etc...import/export related data websites like zauba etc
randomGuy Posted August 21, 2015 Posted August 21, 2015 ...APIs, formulations (finished dosage forms), intermediaries, OTC drugs, prescription, extended release, oral, injectable , generics , branded etc...among other terms
amiret Posted August 21, 2015 Author Posted August 21, 2015 ^ thanks for the info . right now i am clueless regarding pharma except that i missed out on that mega bull run of the last decade. somebody advised me to invest big in Suven at 70 odd. I ignored it . :((
randomGuy Posted August 21, 2015 Posted August 21, 2015 ^ thanks for the info . right now i am clueless regarding pharma except that i missed out on that mega bull run of the last decade. somebody advised me to invest big in Suven at 70 odd. I ignored it . :(( :cantstop: welcome I had many misses as well. sold ajanta pharma at 15-20% gains and it has gone up and become 2.5 times my selling price (within an year). Lupin was also suggested at half the current price. Do visit company websites(investor page - annual reports etc), researchbytes.com( con calls , presentations) and screener.in as well for ur analysis.
Kalia_Test Posted August 24, 2015 Posted August 24, 2015 Yuan devalued again and ripples felt across the world. Sensex down 1000 points today @Randomguy - What is your strategy in this sell-off?
randomGuy Posted August 24, 2015 Posted August 24, 2015 Yuan devalued again and ripples felt across the world. Sensex down 1000 points today @Randomguy - What is your strategy in this sell-off? Obviously feeling bad right now. Would stay put and see through the volatility. In long term(2-5 years), things should become normal, hope cos. where I am invested deliver decent performance on ground. What do you think? Strategies?
amiret Posted August 24, 2015 Author Posted August 24, 2015 Brent Crude at over 10 year low. Except for 4 months in 2009 , it has not been this low since 2005. Copper and Alluminium are at 2009 lows. After this Chinese crash began , Analysts were predicting that foreign fund lows would be diverted from China to Indian equity markets. for a while it seemed they were right :haha: --------------------- China down over 8.5 % , India has it's biggest fall since 2009 . What is astonishing about this Chinese crash is how many top international investors predicted the fall BUT they could not profit from it ( For example : Bill Gross ,the Billionaire bond investor) , simply because it is more difficult to predict what the GOVT will do . If India keeps sliding , you will have the same scenario in India where Capitalists will be begging the Govt to support the Market by forcing LIC to re-inflate their precious Bubbles. It has happened before.
G_B_ Posted August 24, 2015 Posted August 24, 2015 Yuan devalued again and ripples felt across the world. Sensex down 1000 points today @Randomguy - What is your strategy in this sell-off? right time for a rights issue? :D
G_B_ Posted August 24, 2015 Posted August 24, 2015 Brent Crude at over 10 year low. Except for 4 months in 2009 , it has not been this low since 2005. Copper and Alluminium are at 2009 lows. After this Chinese crash began , Analysts were predicting that foreign fund lows would be diverted from China to Indian equity markets. for a while it seemed they were right :haha: --------------------- China down over 8.5 % , India has it's biggest fall since 2009 . What is astonishing about this Chinese crash is how many top international investors predicted the fall BUT they could not profit from it ( For example : Bill Gross ,the Billionaire bond investor) , simply because it is more difficult to predict what the GOVT will do . If India keeps sliding , you will have the same scenario in India where Capitalists will be begging the Govt to support the Market by forcing LIC to re-inflate their precious Bubbles. It has happened before. Its hardly a bubble in India dude. I think at about 26,000 the market is fairly valued. Long term IMO the capital from china will find its way to India.
Sachin=GOD Posted August 24, 2015 Posted August 24, 2015 BUY. Best time to buy shares if you have a long term view.
G_B_ Posted August 24, 2015 Posted August 24, 2015 Obviously feeling bad right now. Would stay put and see through the volatility. In long term(2-5 years), things should become normal, hope cos. where I am invested deliver decent performance on ground. What do you think? Strategies? thats exactly what retail investors like me will do. There is nothing fundamentally wrong with the Indian economy. If anything on the economic side this low commodity prices are just going to aid the CAD get smaller. Modi manages to pass the GST in a special session markets will be back with a bag.
Kalia_Test Posted August 24, 2015 Posted August 24, 2015 Obviously feeling bad right now. Would stay put and see through the volatility. In long term(2-5 years), things should become normal, hope cos. where I am invested deliver decent performance on ground. What do you think? Strategies? Same as you i.e stay put but will try and tweak portfolio a bit going forward with the below facts/assumptions :- - Chinese Economy ( hugely export oriented ) is declining fast and its voracious appetite for commodities like Steel,etc to build largely unproductive Infra is slowing down - China has to / is trying to devalue its currency so that it will be more competitive in its exports and somehow stabilize Economy. This has already triggered a devaluation cycle ( read how other countries that compete with China in exports are devaluing their own currency too ). This will be a vicious cycle. - For India, obviously Yuan devaluation might mean dumping of more stuff from China and hence impact on local companies + we might have to devalue ourselves. However, I feel India has more to gain overall with lower commodity prices in view of Chinese slowdown. I will go slightly more overweight on local consumption stories, select pharma, robust NBFCs ( HFCs mainly ), private Banks and will not touch any metals/mining/Infra.
Kalia_Test Posted August 24, 2015 Posted August 24, 2015 right time for a rights issue? :D This is unfair :hitler: I did not dream of a 1000 point fall yesday when I wrote about IOC in another thread in Political section. I protest this revenge policy and blame it on Kejriwal :--D . As compensation Modi should offer 30% discount to retailers :agree:
G_B_ Posted August 24, 2015 Posted August 24, 2015 This is unfair :hitler: I did not dream of a 1000 point fall yesday when I wrote about IOC in another thread in Political section. I protest this revenge policy and blame it on Kejriwal :--D . As compensation Modi should offer 30% discount to retailers :agree: The problem with china is that is determines the outcomes in the rest of Asia. Yet at the same time its bit of a veil, as in nobody can really see whats going on behind the scenes. People know something will come out but dont know where and when. This continues at the same pace then even the Fed rate cut may not happen as inflation will be in check and at the same time why would you want to further strengthen your currency? At the very least Fed should come out and say that it id ditching rate cuts till the end of the year.
Kalia_Test Posted August 24, 2015 Posted August 24, 2015 Midcap INDEX is down 6.5%. Same as small cap :hysterical: :(( Jaitley came on TV and added 300 points more to the downfall on Sensex :banghead: Where is the cash when we need to invest more :nervous:
diga Posted August 24, 2015 Posted August 24, 2015 BUY. Best time to buy shares if you have a long term view. buy ..but in a staggered manner. Note that Dow futures are down by 3% more. Suggest you to wait for 1 more week
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