Category: Your Money

The Dividend Announcers Club

We love dividends at StockViz. In fact, if dividend were to be a girl (or a boy), we would’ve sent her a box of chocolates today. We are constantly on the lookout for new companies that announce dividends. There have been none so far this year, but here’s a handy chart to give you an idea of the number new dividend announcers by year

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When a company announces dividends, we take it as a sign of confidence from management that it can fund its growth through internal cashflows and has some left over to pay out as dividends.

You can use our screener to hunt for these gems and more!

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The market loves Valentine’s day

We are getting into the Valentine Day’s mood here at StockViz. We did a quick lookup up of the market over the last few years and guess what we found? On an average, the Nifty is up 1.3% on Valentine’s day! The biggest V-day was on Feb 14, 2008: +5.1%

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Good luck for tomorrow!

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Après American, le déluge?

108860515962717181_ryS04N2q_fThe Wall Street Journal has a thought provoking article by Mr. Kagan – a senior fellow in foreign policy at the Brookings Institution. The key take away are:

  • International order is not an evolution; it is an imposition
  • Democratic progress and liberal economics have been and can be reversed and undone.
  • The better idea doesn’t have to win just because it is a better idea. It requires great powers to champion it.
  • In a genuinely post-American world, the balance would shift toward the great-power autocracies.
  • The move from American-dominated oceans to collective policing by several great powers could be a recipe for competition and conflict rather than for a liberal economic order.
  • Rough parity among powerful nations is a source of uncertainty that leads to miscalculation. Conflicts erupt as a result of fluctuations in the delicate power equation.

Read the whole thing here. It would be time well spent.

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Will mobile ARPU finally rise?

The Economist has a handy chart on the effect of the Supreme Court’s ruling on different telecom operators:

 

Least we forget, the ham handed sale of 2G spectrum had the perverse effect of unleashing a price war as the new acquirers of below market spectrum went on a customer acquisition tizzy. Airtel was the biggest loser with ARPU sliding from Rs. 292 in 2008 to Rs. 187 in Q3 2011.

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The new entrants – Uninor, S Tel and later Videocon were willing to work at Rs. 15-40 ARPU to gain market-share. But with them gone had having to bid for spectrum in an auction, the old schoolers – Airtel, Vodafone, Aircel and RCom – should be able to increase ride the “reversion to mean” of mobile subscription rates.

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Economists’ Hypothetical Time versus Real Market Time

CHELTENHAM, ENGLAND - MARCH 16: Davy Russell r...

Image by Getty Images via @daylife

Kim Asger Olsen, an investment manager, has a succinct way of looking at the timeframes in which different people live. People active in the financial markets – traders, investment managers – live in the Real Market Time (RMT). It is rather different from Economist’s Hypothetical Time (EHT) or even Newspaper Headline Time (NHT).

The ability to figure out what matters and what doesn’t is key to living in the RMT. Bloggers, on the other hand, tend to work in EHT (they dwell for too long on what already belongs in the past in RMT). And by the time it hits the Hindu (NHT) it doesn’t matter any more.

In RMT, if the can can be kicked down the road, it will be, and its good enough. People like Nouriel Roubini, David Rosenberg, etc live in the EHT – EHTers look at Greece, Portugal, Italy, China and think it spells the end of the world. The fact of the matter is that you will never have all the data you need to make decisions in real-time. Leave it to EHTers and the Hindu to be the Monday morning quarterback.

Read more here: http://economicsacloserlook.blogspot.in/2012/01/quotes-and-time-zones.html

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