Live ~ Don't just Exist ! ~ B+,that's also my Blood Group ~ Began with Auditing,Accounting and Consulting before moving full time to Capital Markets ~Passionate about Equities ~ Fundamental Advisory & Training & Investments in Capital Markets ~ 25 years in it and trained over 50000 ~Wealth of Mind & Wealth of Monies should Move in Tandem ~ Want to sense what's happening on BSE & NSE and off it ! ? then connect with my blog www.gauravblog.com with the tagline " In India,Companies may fall sick but Promoters rarely do !" ~Buoyant ~ Enjoy Life's Journey making Friends and Travelling ~Been There ~Done That~and even Burnt the Toast ! ~ Connect with 'Rock On' and 'Zindagi Ne Milegi Dobara' ~ Lived and Living it! ~Endeavouring to add ethical and honest value to Family and Friends and Business Clients and Associates ~ Mentoring Today's Youth without being Judgemental while embracing the inevitable social changes ~ Intensely Passionate about All matters ....Equity and my blog www.gauravblog.com...My Kids..the're my vital Vitamins !....Food ...Swear that Cauliflower is 'God'!...Films...Neil Diamond...Kishore Kumar...Maria Sharapova...Madhuri Dikshit....reading on philosophy...yes, I really do!....'Economist'.... Cricket...Football....All Sports....played in many at top competitive levels and won several prizes and awards.....yes also passionate about my wife !..she's prompted me to say this!
Picked up a good chunk @ 168!
Never thought i’d see such a low quote. Thats the markets for you – always yo-yoing between pessimism & optimism & i bought from a few pessimists!.
I’m confident Gold loan business can comfortably grow @ 30% CAGR for the next few years & the market leader(Muthoot) should be able to grow faster.
Regarding low listing HNI portion was oversubscribed by 60+ times & for HNI’s to break even they needed Muthoot to list at 205+ so they are liquidatin their allotment & hence the low prices! Thank you HNI’s/sellers/pessimists!
What’s your advice for those who want to enter @ these levels.