FILE PHOTO: Mar 8, 2018; Lake Buena Vista, FL, USA; Houston Astros starting pitcher Francis Martes (58) pitches in the first inning of a spring training game against Atlanta Braves at Champion Stadium. Jonathan Dyer-USA TODAY Sports … [Read more...] about Astros’ Martes suspended 162 games for doping violation
In some stocks like D-Mart, the floating stock is low but the structural strength of the business model remains very high and the company is very well run. But the valuations are sky high. Still fresh money continues to chase such names. How do you analyse what is happening in these names?I would not name any stock in particular but the key to investing and generating alpha is to identify growth stocks which are cash generative and excess return generating over the long term with an eye on valuations. I do not think any prudent investor should completely ignore valuations but at the same time, we are living in a period where high quality comes with relatively expensive valuations. If we are able to identify stocks which appear relatively expensive but are showing steady growth and offer good corporate governance and strong free cash flow generation and strong access return generation, then investors can continue to take a look at such stocks. One would avoid egregiously expensive … [Read more...] about BNP Paribas’ Manishi Raychaudhuri on where to look for midcap compounders
READ ALSO: Senate confirms Buhari’s 15 NDDC board nominees, rejects Nunieh Those sponsoring the CSOs to disparage the person of Nunieh are the same cult of Niger Deltans who have shown a lack of capacity to think beyond self and family. They have brought shame to the Niger Delta through greed and self-centeredness. The clique of kleptomaniac elites should bury their heads in shame that instead of thinking of the general or public good of the region, all that obsess them is their bellies and personal enrichment. … [Read more...] about NDDC: Nunieh and her gritty fight for the soul of Nigeria
Let's MOVE! Music, tumbling challenges and introducing simple directions will help your child develop listening and social interaction skills. Tumblers and partner will participate in circle time and obstacle courses, dance to songs, tumble, roll, jump, balance, walk like animals and finish with parachute activities. … [Read more...] about Here’s To a New Decade of Fun In Aliso Viejo!
Who is India’s richest non-promoter professional? He is neither a tech whizkid, nor a new-age banker. And neither is he an alumnus of the mighty IIT+IIM combo. Instead, he is in a line of business that’s as traditional as it gets – groceries, largely. With more than Rs 3,100 crore of net worth, Ignatius Navil Noronha, CEO of Avenue Supermarts that runs D-Mart stores, has emerged as the richest professional in the country. His boss Radhakishan Damani, the reclusive founder of Avenue Supermarts, is now India’s secondrichest person, with a net worth of $17.8 billion, next only to Mukesh Ambani. Ramakant Baheti, CFO of DMart with shares worth Rs 666 crore, is now India’s third-richest on the list of top professionals. Of course, the net-worth stats are purely based on the stock they own in the companies they lead, and these calculations don’t include salary and other compensation elements. … [Read more...] about DMart’s Noronha wealthiest CEO in India