Ron DeSantis has now signed a bill into law that gets rid of local living wage laws in Florida cities.
The law also stops local governments from passing heat-protections for workers like water breaks and mandatory shade.
It also gets rid of predictable-scheduling laws.
Most stock investors have hated the Congress party and Rahul Gandhi for last 10 years. But when the sanghi ecosystem scammed market investors, he is the one who is speaking for us.
#ExitPollScam
प्रधानमंत्री, गृहमंत्री, उनके लिए काम कर रहे एक्जिट पोल्स्टर्स और मित्र मीडिया ने मिलकर हिंदुस्तान के सबसे बड़े ‘स्टॉक मार्केट स्कैम��� की साजिश रची है।
5 करोड़ छोटे निवेशक परिवारों के 30 लाख करोड़ रु डूबे हैं।
हम मांग करते हैं कि JPC गठित कर इस ‘क्रिमिनल एक्ट’ की जांच की जाए।
Rich old people work because they want more wealth, power and fame. Poor old people work because they have no choice and need to put food on the table. Both things are not the same.
Ferrari should have never signed Sainz in the first place. He has only brought suffering to the team with his politics and toxicity. He might come up with an occasional good performance but will never be on the level of top Ferrari drivers.
The billionaire family who own California’s water supply is trying to stop farm workers from organizing.
The Resnicks secretly took control of the state’s public water supply in 1994.
Now they’re trying to roll back a huge win for the farm workers who feed this country.
THIS- When her convoy was stopped by the cops, Priyanka Gandhi Vadra walked & then took a scooter ride to go meet those affected by police crackdown in Lucknow
@yadavakhilesh
&
@Mayawati
have a lot of catching up to do as far as opposition in UP is concerned
#CAA_NRCProtests
It was all intentional. Sainz would rather take out Leclerc than have Leclerc finish in front of him. This is how petty he has been for last three years.
Because I don't see anyone talking about this:
Why the hell are you fighting your teammate -- in the wet, while still on slicks, in Monaco -- to get back a position you lost after... uh... spinning because you were driving in the wet, on slicks, in Monaco? 😭
[📹
@Muz_Elf197
]
Cong winning elections is great news for markets over the long term. hope they win 2019 too with massive mandate.
#Sensex
didn't go from 100 to 20000++ by selling chai pakodas!!
#AssemblyElections2018
#Results2018
Dear
@narendramodi
ji,
Stocks of so many govt owned companies across different sectors like Coal India, NTPC, SBI, REC, PTC, ONGC, BHEL, PNB are back to levels seen in 2014 or earlier. People who invested on your tall promises have lost heavily.
And then Loot-ley justifies LTCG!
Only way to stop rupee fall now-
Finance Minister should resign immediately.
Abolish LTCG tax.
Mr "Capital gains (and gold biscuits?) come from no effort" should be sacked.
Sack top level SEBI officials who have been unleashing mayhem over the markets for last few months.
Edelweiss now below its IPO price of 165 (adj)which happened back in 2007!! This after the company has delivered 30-40% consistent growth for last several years. Seems like an epic buying opportunity for patient investors who don't fear drawdowns. We hold.
Sainz propaganda is getting out of hand after two good performances this year thanks to a vastly improved car. They all have forgotten how he botched the final two races of last season and cost Ferrari second place in constructor's title.
@autosport
Wasn't it Max's family members that were bringing in Checo's personal life into all this? So instead of preaching to the fans, Red Bull should rather introspect.
And also don't expect fans to respect titles and races won by unfair means.
It was incredible to see Sainz violate track limits in Austria trying to gain illegal advantage in attempts to keep up with Charles and then getting massive penalties. Or in Belgium, when Sainz crashed into Oscar trying to chase down Charles on lap 1.🤣🤣🤣
@Swamy39
Sir, Adhia and Jaitley have destroyed the markets!! SEBI keeps coming with dubious diktats that destroy investor sentiment. Massive selling by foreign funds everyday. LTCG has also failed. LTCG destroyed wealth but will give no tax collection.
#RollbackLTCGTax
Oh!! Look at the irony here -
That scrutiny of corporates is being increased via making the CSR norms stricter.
The scrutiny of the govt for its action is being diluted by weakening the RTI act.
@nsitharaman
Companies will now have to explain where they have spent the CSR money. We are giving a three years window after which they will have to move the CSR money in an escrow account if they don’t spend it: Smt
@nsitharaman
We live in unbelievable times when a budget that raised tax rates at a time when the economy is in free fall is hailed as a master stroke by Godi Media. Things are likely to get worse for markets and economy under this govt.
Heard some guy justify FMCG valuations on a biz news channel saying there will be huge growth in toothpaste demand as people start brushing 2-3 times a day!🤦♂️🤦♂️
I strongly believe FMCG stocks are at bubble valuations & may struggle to beat FD returns over next 10 yrs.
Ended the year with 43% gains on stocks held in my personal capacity. 4 year CAGR from Jan1 2014 at 26% plus dividends.
Come a long way for someone who started with an unrelated engineering degree as a novice in finance.
For years we abused an honest prime minister who worked tirelessly and did so much for us without seeking any publicity or glory.
Now we suffer under one who does only propaganda and no work. 😭😭😭
Lots of stuff moved from 28% GST tax slab to 18%. Plus GST return filing once in 3 months for vast majority of traders. Excellent work under the leadership of new Finance minister
@PiyushGoyal
sir.
Bangladesh is growing at 8%.
China which is 5X bigger than us is growing at 6%.
But we are growing at 4.5% and it is all due to global slowdown and no fault of this govt's
#CowshedEconomics
.
#WATCH
Home Minister Amit Shah in Shimla: You are seeing temporary effects of global slowdown. Under leadership of Modi ji, Nirmala Sitharaman ji and Anurag ji are working day&night to fight it. I believe, Indian economy will be the first to be free from slowdown in the world.
As a Gurgaon resident, i have seen marked improvement in our electricity situation over last 4 years and am very happy. You please keep your anarchist ways limited to Delhi.
Reached 5000 twitter followers this week. A big thanks to all of you for being part of this amazing journey!!
Happy to share my views on a few stock related queries today evening.
#AskSethinomics
.
Here are some of the "Obvious Stocks" that me & my family hold and i believe they will continue to give market beating returns of 20-25%CAGR easily for years to come.
NEW: Ronald Reagan learned his disastrous "trickle down" economics from a man named Milton Friedman.
We're still suffering the consequences today.
@FDSignifier
breaks down the most notorious right-wing economist and how he broke our economy.
@FanaticsFerrari
People only care because Ferrari was supposed to be fighting for the title this year. Nobody cares in too much detail what happens in midfield and backmarker teams.
F1 is a team sport. You are only as good as your team. Just because Max is doing great in last two years doesn't mean Charles and every other driver is bad and should be disrespected.
As an investor I have stopped caring about who rules the country. Well run pvt companies gave multibaggers even in the past and will continue to give in future too.
Most PSU stocks were wealth destroyers till 2014 and have hardly changed till 2018 and future looks equally bleak.
Just wait till next year when oil heads back to $80-100 a barrel and Dollar/Rupee is at 80, only then the apologists will realize how MMS and PC saved the economy in 2013.
Bought some Edelweiss, Obeori Realty and Mastek today. All 3 are now trading at single digit P/E on FY20 basis according to my earnings growth projections.
Sarkari banks posted losses of 40,000cr plus in Jan-March quarter. Instead of being ashamed or taking responsibility, these freeloading parasites have the audacity to do a
#BankStrike
.
Wishing a very happy birthday to our former PM Dr. Manmohan Singh, the man who actually delivered development and the fastest GDP growth our nation has seen in a 10 yr period.
Tata Elxsi long term view-
Stock has broken out of inverted head and shouder pattern b/w 1140 & 510 formed in last 3 yrs. Now taking off after testing the breakout level of 1140 for last 2 months. Tgt 1770. Timeframe- 6-9 months. We hold.
@Swamy39
Sir, Smallcap indices of NSE and BSE are down 40% this year. Many people have lost more in the last few months than what they made in previous 4 yrs of Modi govt.
This stupid govt and its seemingly corrupt regulator are doing every thing possible to discourage stock investments by small investors- LTCG, F&O lot size increase, ASM, GSM, etc.
Ashok Leyland posted excellent q2 results. Revenues up 25% an PAT up 37% YoY.
They even managed to improve profit margins in challenging times!
At 119, stock is trading at 17 times TTM P/E and at just 12X on FY20 basis as per my estimates. We continue to remain very bullish.
Absolutely it does. Did few of the biggest superstars belonging to a particular peaceful community skip the event due to their bigotry against the great nation of Israel??
Glad I didn't vote for Modi govt. Bhakt investors were abusing me for last several months for stating truth of the economic policies of this govt.
We are in a state of continuous economic turmoil starting from Demonetization and we have 5 more yrs of this to look forward to.
@WWEGareth
Most folks WWE has fired, go on to prove that the company was right to do so.
The narrative that WWE is evil or incompetent because of all the talent churn, does not stand the test of time.
State of various sectors after 5 yrs of
#pakodanomics
-
Textiles Destroyed
Pharma Destroyed
PSU Banks Destroyed
NBFCs Destroyed
Gems & Jewellery Destroyed
Agriculture Destroyed
Telecom in Losses
Automobiles In Recession
MSME crores of jobs lost
POLITICS- ONE PARTY GOT VERY RICH.
Yes Bank saw loan book grow 53% in FY18 to cross 3 lakh crores!!
Growth across all segments including corporate.
Q4 Profits at record highs, up 29% YoY!!
Net NPAs at 0.6% among the lowest in the industry.
Very happy with the results.
Will continue to remain invested.
I believe a very big move is long overdue in this stock.I remain optimistic that Mahindra CIE will be a multibagger from CMP of 265 in next 3-4 years. We hold.
I was telling you people to vote for Congress to save the economy and most were laughing at it and abusing me for months. Now this regime is looking set to destroy whatever little is left of businesses and economy.
Reduced my exposure to Yes bank with stock breaking even 200. Promoter infighting at time of crisis is really shameful.
Deployed funds in CAPF and Edelweiss,both of which have also corrected sharply in last few weeks.
Another 10% upper circuit for Edelweiss!! Second time in 2 days. Still company has market cap of just $2.5billion!! happy to have increased our holding in last few weeks during the market crash.
Our highest conviction holdings which have posted great q2 results till now and still look attractive at these prices- Edelweiss, CAPF, Zensar, Mphasis, Tata Elxsi, Oberoi, Mahindra Lifespace, Mahindra CIE and Radico.
Mahindra CIE- Came out with excellent results over the weekend. Stock has done nothing for last 10 yrs. If and when it manages to give a monthly closing above 287, it will start a multibagger journey. Bought small amount today. Will accumulate with time.
Puzzling how Cong did so badly in LS polls in Karnataka!! Why didn't such massive support at local body polls translate to a good performance in LS elections?
Amazing what Motherson Sumi has achieved!! Sales growing from 20cr to 60000 cr in 25 yrs.
When "Buy and Hold" investing works, just one stock can transform your life!!
What a coincident that this mega PNB scam breaks out just 2 months after it raised 5000cr via QIP.
If it were a pvt bank, ppl would be saying that they kept the info hidden until fund raising got done.
#Nifty
looks very dengerously poised on charts. It has formed a pennant pattern after a huge fall. Breakdown below 10500 may lead to 9600 in 2-3 weeks.
Our current holdings in financials- Yes Bank, Edel, CAPF, CanFin, PNBHousing, JMFin & TFCILtd. Last few weeks haven't been too great but I continue to believe they should deliver 25-30% CAGR earnings growth over next 2 yrs and similar stock returns too. Not selling @ these lvls.
If Modi govt falls in 2019, maximum blame according to me will be due to the incompetence/mismanagement/(sabotage?) by the high and mighty in the RBI and finance ministry.
#RBIPolicy
Excellent q4 results from Ashok Leyland today. Great things were always expected going by strong monthly sales figures.
Full yr Consolidated EPS of Rs 6 is very good. Generous dividend of Rs 2.43 as well. Will stay invested.
This is the scariest mid/smallcap stock massacre I have seen!! Fall in mid/smallcaps this yr looks worse than even the 2015-16 correction when the Nifty fell 2000+ points.
Crude, rupee, interest rates or politics won't be the end of this bull market.
People losing faith in equities bcoz of rampant institutionalized corruption, accounting frauds and poor corporate governance are now far greater risks according to me. 1/2
This govt has messed up repeated opportunities to make
@Swamy39
our finance minister.
Now look at the way how currency, bond yields and oil prices are shaping up. Scary times ahead. There will be hell to pay.
Smooth talking won't hide economic vulnerabilities forever.
PM
@narendramodi
ji, 2019 me kya keh kar vote mangoge??
Ye bologe ki 70 saal Cong ne khub loota lekin humne kisi ko nahi pakda?
Aur mere 5 saal me bhi jo luta uske liye bhi Cong zimmedar??
Great q4 results from AutoAxles.
Highest ever revenues.
Highest ever profits.
Highest ever dividends.
Highest ever net profit margins in last 3 yrs.
Announced capacity expansion plans too.
Company continues to have very low long term debt levels.
Disclaimer- Invested.
My logic for heavily selling portfolio stocks in last few weeks-
1. If BJP wins then its policies will do even more damage to economy and markets as we have seen in last 2.5 yrs.
2. If Cong wins it may take them next 2 yrs to undo the economic damage
Modi govt has done.
Jaitley has wrecked havoc with the economy over last 4 yrs. We need a better finance minister. Now there are also serious allegations of allowing Mallya to escape.
#ArunJaitleyStepDown
Cong corruption was also a vastly exaggerated jumla. Nobody got convicted.
Besides this govt seems to be much worse with so many crony capitalists fleeing the country after massive scams.
No real or imagined Cong scam was even a tiny fraction compared to DeMonetization.
Very very scary times. High flying midcap stocks of last year are having crash landings all around. DBL, Shankara, Avanti etc. Best to be fearful and stay away from stocks in free fall.
Maruti reports a decline in sales for second month in a row!! But..but..our GDP is growing at 8.2%. 😷😷😷
Escorts tractor sales up 4.9% in Aug after 3.5% growth in July. But..but..farmer incomes have been doubled by the govt and acche din are here.
Ashok Leyland, Autoaxles, Bharat forge Minda Corp etc have fallen crazy amounts from the highs they saw just few months back.
Either my growth projections will go wrong or all of these will look extreme value buys at current prices in hindsight few quarters from now. We hold.
Can't understand any fundamental reason for ppl to be so bullish on ITC. Have looked at last 6 yr results-contribution of cigrette biz to profits has only gone up to 86.5% as of FY18. FMCG gives 1% of total profit. Hotel, paper agri, all showing negligible growth over last 6 yrs.