Google Finance – The best stock summarizer

Update: We have now built our own stock portal too – http://www.screener.in

There are many sites which provide the stock summary of India stocks on one page including Money Control, Rediff Money Wiz, Sify Finance, Yahoo! Finance etc. However, Google Finance is what we liked the most, and potentially the best stock screener in making. For financials, economic times remains the best.

Do checkout our custom built stock screener and analytic web-app too: http://www.screener.in

Compare:

 

This is one feature that separates Google Finance from all others. The price charts are very quick providing data for even 10 years (or more). These can be used to compare the prices of your favourite stocks with other stocks or even with the various Sensex. The carts also show the Dividends, splits, bonuses and other announcements in the timeline.

Continue reading Google Finance – The best stock summarizer

5 Great People – 50 Spectacular “Quotes”

It is my belief that nearly any invented quotation, played with confidence, stands a good chance to deceive.

– Following the Equator

Warren Buffett –

The guru to almost every investor. The Chairman of Berkshire Hathaway, and also ranked by Forbes as the second richest person in the world.

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  1. I buy expensive suits. They just look cheap on me.
  2. [The perfect amount of money to leave children is] enough money so that they would feel they could do anything, but not so much that they could do nothing.
  3. Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, ‘I can calculate the movement of the stars, but not the madness of men.’ If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.
  4. Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.
  5. You only have to do a very few things right in your life so long as you don’t do too many things wrong.
  6. Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
  7. Only when the tide goes out do you discover who’s been swimming naked.
  8. Keeping liquidity and not investing in such a low market is like saving up for sex in your old age.
  9. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
  10. If you don’t know jewellery, know the jeweller.

Continue reading 5 Great People – 50 Spectacular “Quotes”

Twittering the Market

Twitter is probably the fastest way to get the news and gossips. It’s quick, it’s fun and it’s better than the TV.

Just in case you are new to Twitter, here is Twitter explained in plain English.

Twitter in Plain English from leelefever on Vimeo.

How can Twitter help me with Indian stock markets ?

Twitter is micro blogging. Thus it is the views of the people YOU like to follow. The people tweet what they believe or like, not what they are paid for. Thus it is different from talks on the TV shows which are often biased and don’t cover everyone who matters.

Some interesting tweets in last 12 hours:

negative pe

dp

golden

b50

Continue reading Twittering the Market

Awesome BSEXL – One Excel sheet for everything

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” – Bruce Lee

awesome bse

Excel is one tool which we all have used more times than the calculators itself. Then why not get all the data of the companies on an excel sheet ? Awesome BSEXL is an attempt towards that.

Awesome BSEXL is not any hard-to-understand software, but just an excel workbook with the data of currently 1500 BSE listed companies on one sheet. It is like the regular columns found in the newspapers or the Capital Market magazine. However, we have tried to include many other details into it, including following:

  • Script Code and Script Name
  • Last Trade Price
  • Book Value
  • P/E ratio
  • Discount (Book Value – LTP)
  • Sales of last four quarters
  • Profits of last four quarters
  • Sales of past three years
  • Profits of past three years

Using excel filters and advanced filters, you can create queries as you like and make the reverse processing possible (search companies which perform as YOU want them to perform).

We have included the basic advanced filter by default (you can learn more about it at Microsoft site). Thus your capabilities are unlimited.

The data currently in the sheet is only for past 3 years (however you can get data about the companies for more than 10 years here manually). Your comments are more than welcome for future developments.

Download Awesome BSEXL (966kb)

CHI Investments – Interestingly mis-priced

chi investments

CHI Investments

Investment Rationale:

  • Holds investments worth Rs. 224.00 Cr as on 11th May, 2009 while it’s own market cap is just Rs. 28.50 Cr. The company is debt free. (Annexure 1)
  • Compared to other investment/holding companies, CHI is available at just 1/10th of the value of investments it holds while others trade at about 1/4th of the value of investments they hold. (Annexure 2)
  • The company majorly holds shares of CESC & KEC International, the stock should move at least linearly to the stock price movements of both the stocks and with better stock discovery, the discounting can reduce giving it a multi-bagger potential. Being in power sector and leaders in their business areas, both CESC & KEC International are expected to do well. (Read the latest Business Line : KEC targets to be a $ 2 billion company in 3-4 yrs.)
  • CHI Investment receives almost 4-5 Cr as dividend/interest income annually.

Continue reading CHI Investments – Interestingly mis-priced

Steve Job's shares three stories of his life – Must Watch

 Steve Jobs is the CEO  and co-founder of Apple and Pixar Studios, or in today’s language  founder of the modern iPhones and iPods. Pixar is also the worlds largest animation company. The speech was given at The Stanford University in 2005.

I love this video and have watched it many many times. One must keep looking until he finds his love/inspiration.

I would like to watch such video of Bill Gates too 😀 .

How Stock Market works – Weekend Fun

How Stock Market works

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs10. The villagers seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at Rs10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again.Soon the supply diminished even further and people started going back to their farms.

The offer rate increased to Rs25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs50!

However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers, "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs35 and when the man returns from the city, you can sell it to him for Rs50."

The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!!!

Welcome to the “Stock” Market!!!!! 🙂

via FuLLy-FaLtOo

10 (or even more) Years financial data of Indian companies

If past history was all there was to the game, the richest people would be librarians. – Warren Buffett

BSE India and other sites including Money Control, all provide the financial data of maximum 5 years. So what to do if you want the data of more than 5 years ? Economic Times provides the solution.

2009-05-09_144256

Economic Times uses multiple databases and provides the financial data even for more than ten years. The comparative data however only for the P&L Account and Balance Sheet. Same feature is not available for Quarterly results.

Also, I wish if they had a feature to export this data into excel automatically. Apart from this, the service is quite useful, flexible and easy.

Do share other sites (if any) that provide the long historical financial data for free in comments.

Visit Economic Times Company Search

10 Business Geniuses to read about [Interviews]

Reading about the successful investors, managers, entrepreneurs and others gives not only the inspiration but also new ideas. We are an ardent reader of the esteem daily –Mint.” The “Business Lounge” section interviews a successful  Indian business person every Saturday. The interviews are written in a very unorthodox style and worth waiting for every weekend.

Below is the collection of 10 interviews which we often like to re-read. (Click on the images or download PDF articles to read the complete interviews.)

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MOTILAL OSWAL

This stock market veteran is handling the
economic turmoil by simply keeping his cool.

Download PDF article

Continue reading 10 Business Geniuses to read about [Interviews]

Welcome to dalal-street.in

dalal_street_0Dalal-Street” is also known as the “Wall Street of India”. This blog is dedicated to thousands of people who are the part of this wonderful world of investing. Their talks, their ideas, their success, etc. will be shared here.

The blog is authored by Pratyush Mittal. He is a Chartered Accountancy student and in the search of investing wisdom. What other place is better to start than our own “Dalal Street.”

To help him in guiding the way through are his wonderful friends and family members. Thanks to Dad, brother and everyone else. Special thanks to Mayur for helping me in setting up this blog.

So let the journey begin.