To put it simply, penny stocks are any security available for purchase; however they are not traded on the formal stock exchanges: the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX) or the National Association of Securities Dealers Automated Quotation System (NASDAQ).
August 11th, 2008 | Shabbir Bhimani | 15 comments | ContinuedGlobal Markets
Understanding the energy battle
The Americans have several bases in central Asia, including Afghanistan. The Russians, Nato and Chinese too have established military posts in the region. Even India can claim to have set up an air defense in the region. Even India can claim to have set up an air defense unit in Tajikistan.
August 5th, 2008 | Shabbir Bhimani | 5 comments | ContinuedUnderstanding the present credit market situation
Corporate India is now feeling the “Credit Crunch” This type of environment was seen in the year 1995 – 1996 an now the cycle is repeating itself. Corporates have not yet pressed the panic button but they seem familiar with the signs that are coming towards them. Smart players who have already seen the signs [...]
July 2nd, 2008 | Shabbir Bhimani | 1 comment | ContinuedAppreciating risk management
It is a myth to believe that most risks are external. One cannot wait passively for events to happen and risk can thus be ignored till that point. Risk can neither be avoided nor eliminated completely. But without taking risk, no business can grow. If there were no risks, then we would not require managers.
June 22nd, 2008 | Shabbir Bhimani | 0 comments | ContinuedTrusting the stock market, the other way
Three friends, Jack, John and Jim, where Jack and Jim holds 100 shares of company xyz. Jack sells his 100 shares to John at Rs. 2,500 when stock market was climbing like anything. After a week …
June 18th, 2008 | Shabbir Bhimani | 0 comments | ContinuedNo further market dip, as of now
If any dip comes in the market, I would prefer to buy any one of the market leaders, other than reality and banks.
June 15th, 2008 | Shabbir Bhimani | 0 comments | ContinuedUnderstanding the oil bubble
It is difficult to say whether we are witnessing a bubble in oil markets, today. One can invest in an over-valued asset, if one has good reason to think that one can take the profits and run before the burst.
June 13th, 2008 | Shabbir Bhimani | 0 comments | ContinuedTalking about the emerging market risk
The investment of FII’S, constitute borrowing. It flows into the stock market and add’s to the forex reserves. The higher the rate of profit, the higher is the effective rate of interest paid on the borrowing. In reality, the emerging market risk is extremely low.
June 13th, 2008 | Shabbir Bhimani | 0 comments | ContinuedUnderstanding the good side of the market
Wheat prices in India have fallen 50% from February onwards. Similarly, Soyabean and Sugar has come off any where between 15 to 25%. If you feel that oil inflation is certainly going to stay here for a while, then I must add here by saying that food inflation is looking southwards. So, over all things are good.
June 10th, 2008 | Shabbir Bhimani | 3 comments | ContinuedExperts say valuations in India “concerning”
Experts (As seen on TV) say that there is 25% of fall in US dollars which is affecting the EMs and so valuation in India is important and in last few months due to inflation and rise in commodity prices Indian markets is facing a tough time.
June 2nd, 2008 | Shabbir Bhimani | 0 comments | ContinuedMarkets unlikely to crash
Because of crude, inflation and pressure growth rates markets, may not recover but I believe that the market will see downside but does not look like a huge crash right now and markets could consolidate around some range.
May 28th, 2008 | Shabbir Bhimani | 0 comments | ContinuedIndian economy worst-hit by crude price rise
Due to inflation the market has been affected a lot in every sector. Since last few months as there is inflation going on in the world dollar is also affected but experts say that still dollar is strong than euro. In Asian markets the price of oil has increased a lot and it has badly [...]
May 22nd, 2008 | Shabbir Bhimani | 4 comments | ContinuedBullish on infra, FMCG
In India there has be growth in infrastructural activities and they are also going to work in long term and as India is a country of billions people so wealth going expand and increase in the need of consumer goods and also automatically increase in financial services which is the back bone of every sector.
May 16th, 2008 | Shabbir Bhimani | 0 comments | Continued