World Wide Web is teeming with multimedia blogging, pod casting, social networking, instant messaging, emailing, and discussion forums. New media has taken the world by storm, and a paradigm shift is in progress as how people express themselves and interact with each other. All these enabling technologies are killer apps, and there are numerous sites offering these services. Some are offering blogging, or some are [...]
Many people want to take advantage of the opportunity to invest as a way to supplement their income, but few people have the knowledge or the time to monitor stocks and they are reluctant to pay the high fees associated with full-service brokers.
As well, most people know that a diversified portfolio is the best-performing portfolio, but few people have the huge capital it takes to properly diversify a portfolio ma [...]
“Even if you’re on the right track, “you’ll get run over if you just sit there”, said cowboy humorist Will Rogers. As an investor, you want to make progress. To succeed, you need to know:
1. Where you are headed, and;
2. What’s the best way to get ahead?
Your answers will change accordingly. It is true that nothing is constant in finance. The stock market moves up and down, interest rates rise an [...]
BOARD MEETING:
The Board of Directors (BoD) of Engro Chemicals Limited (Engro) was scheduled for Saturday 20 Jan. 2007 to approve the 2006 full-year results. However the results were announced on 22 Jan. 2007 at 10:00 am. Circumspect though it may seem, bear with me.
2005 DISCLOSURES:Profit after Tax (PAT): Rs. 2, 320 million
Earnings per Share (EPS): Rs. 13.79
Payout: Total cash dividend of Rs. 6
2006 EXPECTATION [...]
Again, here’s my take on the news. I think the three more important ones, that directly pertain, hence affect, the Karachi stock exchange, are:
1. The release that Prime Minister Shaukat Aziz is to postpone the decision to levy Capital Gain Tax for the next year.
2. The Sindh Government’s decision to discontinue stamp duty on electronic transfer of shares. [This proposal was in the last budget (June 2006). The [...]
Posted in Articles
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Tagged Balochistan, Bosicor, Capital-Gain-Tax, CTTL, Dubai, Engro, FFCL, IPO, KSE, Merrill-Lynch, Mobilink, POL, PSO, PTCL, SBP, Shaukat-Aziz, Sindh, Wateen
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The reports by the agencies below that came around mid-December have been issued pertaining to our present economic condition and a look into the future. SBP primarily touted foreign investments for last half year, drooling from the prospects of privatizations in the couple of years to come. And, as usual, there was some news directing the path of KSE. Let’s have a brief look on the reports first.
... Read More [...]
After the index breaking the 9,900 level last month, started to rise gradually. When such a crash comes there is a level where short sellers start profit taking, so there is a slight change in the trend. Secondly the prices came on the lower level that they attracted the individuals to buy shares. As the future contracts for December were over and new month started so a fresh buying in Jan contracts was obvious. A [...]
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Tagged Badla, CFS, CTTL, Goldman-Sachs, KSE, MCB, Merrill-Lynch, NBP, OGDC, PPL, SBP, SECP
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In the past two years we have seen some tremendous highs and lows in the stock market. Yet again we witness a major decline in the index. It all started in mid-December 2006, the causes being:
• Oil and Gas Development Corporation (OGDC) listing and undervalued sale of Global Deposit Receipts (GDRs);
• Selling in the banking sector due to acquisitions, and;
• Primarily, suspension of Callmate (CTTL) shares’ [...]
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Tagged Badla, CFS, CTTL, FDI, GDR, KSE, NBP, NIB, OGDC, PICIC, SBP, SECP
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In the past, the term “widows and orphans” was used to describe stocks with a relatively high degree of safety and dividend income. Because they had relatively minimal risk and provided income to feed the family, these kinds of stocks were literally thought to be the only investments suitable for widows and orphans. The term is noteworthy because it was generally used during market bottoms, but today it [...]
Investing has always been a little like surfing. Successful investors spot key investment themes (waves) and ride them to profits. Sometimes the waves are shorter and smaller than we had expected. Other times the wave takes on a mind of its own and falls under its own weight. The hardest but most profitable thing to do is to be the lone rider of a wave that others have abandoned for the “next best thing” [...]
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Tagged Stocks
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