TRACK ME
Yessssssssss
A 25 percent slide in crude prices since June should mean a windfall for Asian refiners, but instead they are facing a major drag on profits.
Although benchmark Brent and West Texas Intermediate crudes are just off multi-year lows, many refiners have previously agreed to pay higher prices for deliveries through to the end of this year and can not pass those costs on to fuel buyers.
Forecasts that crude prices will remain weaker-than-expected into next year have also raised the specter of big write-downs on crude and product inventories on year-end earnings reports.
Brent dropped to less than $83 a barrel on Oct. 16, its lowest in almost four years after falling from this year's high of $115.71 in mid-June. The front-month contract has recovered some lost ground and has held mostly above $85 since then, but it is not clear its four-month downtrend is finished.
A source at a Southeast Asian refiner said his company started the year with an oil complex based on a $106 price for Brent, and even if the benchmark recovers to $90, it is looking at a $16-a-barrel loss on oil in tanks.
The refiner holds about 3 million barrels of crude at any time, yielding a paper loss of around $48 million under this price scenario.
Even as the buzz about the rising bad loans of public sector banks gets louder, about one-fourth of these banks remain head-less.
Of the 20 public sector banks (PSBs) excluding the SBI group, six are functioning without a Chairman and Managing Director. They are Bank of Baroda, Canara Bank, Indian Overseas Bank, Oriental Bank of Commerce, Syndicate Bank and United Bank of India.
Further, many Executive Director positions, second in the bank management hierarchy, are also vacant in several banks.
Further, many Executive Director positions, second in the bank management hierarchy, are also vacant in several banks.
A panel led by the RBI Governor Raghuram Rajan interviewed 19 Executive Directors of public sector banks in October last year for six CMD positions that would fall vacant between August 2014 and March 2015.
However, the appointment of the new chiefs is likely to be delayed further as the Centre is yet to receive vigilance clearance on the names shortlisted for the posts. CVC clearance takes a couple of months and new appointees will take a month to settle down in their jobs.
With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 lakh crore mileston.
At present, the total market capitalisation (m-cap) of BSE listed companies stands at Rs 96,25,517 crore which is Rs 3.74 lakh short of Rs 100 lakh crore mark.
In terms of US dollar, the total market value of BSE listed companies has surged to USD 1.58 trillion at the current rupee rate of 60.65 against the Greenback.
Earlier, the total m-cap of domestic listed companies had reached a record USD 1.5 trillion in June this year.
BUT HOW CAN IT BE WON????
FOR THIS JUST JOIN
IF YOU TRY!!!!!!!!
.............YOU MAY WIN OR YOU MAY LOSE.........
...............IF YOU NOT TRY YOU NEVER WIN ..............
The investment ideas of Warren Buffett is most basic and simple to implement. The beauty of his investment ideas is that they are so easy and logical that at timespeople overlook the same ideas even though it must have crossed their mind. These investment ideas of Warren Buffett has not only help the maestro to make billions but also stands as a guiding principles for every other investor of this world.
Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
Think Big TO EARN BIGGG
Track me
What To Do Today..........
Our Opininon for Today's Market.......
1.Market Looks Volatile.....
1.Some Insider Say NIfTy go up to 6200
What To Do Today........
Nifty....Today Face Resistance at......8088...8155..8195
Nifty.....Today Support at ..7980...7942...7905
Nifty Range...6300--------8200
TRACK ME RESEARCH......
NEXT TGT FOR
Our Opinion for Today's Market.......
1.Stock Specific Movement Expected Today ......
2. Mid-caps Looks Good....
INTRADAY HOT STOCKS: 27/10/2014
sell banknity sl 16700 tgt 15750/15450/15200
sell jp ass sl 32 tgt25
sell dlf sl 124 tgt 90
buy ril sl 890 tgt 980/1010/1028/1040/1060
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.65/-)
Yeessssssssssssssssssssssssss
!!!!
Rs.90/120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
MARKSANS PHARMA
(Bse Ticker-524404@ Rs.18.80)
TARGET
Rs.21/- Rs.24/30/35/40/80 SL Rs.15/-
Forget Short Term Movment
No comments:
Post a Comment