Test Testy

Sunday, June 21, 2009

After Harry Potter, it's Percy Jackson

Since last 10 days I've been engrossed in the Percy Jackson's series after reading a book review in Business Standard. While this series is completely different from the Harry Potter series, lot of similarities can be noticed in the vocabulary. Both the Heroes have similar character and they would easily give their life for their friends.

I've just bought the final book - "The Last Olympian" and eager to finish it but at the same time concerned a bit that this is the last book.

Coming to personal life, my office got shifted from Nehru Place to Gurgaon - 7 kms becomes 15 kms. This is one development I don't I would like despite the fact that I've been given a separate cabin.

Work otherwise has been a roller coaster ride. Working with a company that is serious about a specific sector is a great advantage. You go deep but then as the sector is in nascent stage, things wouldn't be smooth. I never thought I would be thinking about Energy, Power and Electricity after leaving Bakelite Hylam but then God always has a plan. Last week I received a mail from an old colleague with whom I worked for very small period. But this guy managed track me, get my mail id and sent me a message. There are many more Go-Getters out there who are making things happen.

Thursday, June 4, 2009

Right time for an IPO

With the equity markets in a upward swing, I think this is the best time for an IPO. Situation is similar to the one prevailing Reliance Power IPO issue. Everyone is bullish and demat penetration has gone up significantly, which means lots of applications. If other things are taken care, any IPO in the next few days, though procuderally very difficult, will be a big hit.

I have decided that instead of trying to write long and in-depth posts, small thoughts can be easily shared and thereby keep the blog active.

The current upswing can be explained only in Indian terms as normal valuation models fail to explain the fall and rise. What changed in two months - a stable government, mixed signals from US (minimum impact from Obama's taking charge), some stock specific signals, lots of big investors missing the election-results rally making them go after midcaps, etc etc.

Real estate is still precarious, trust levels between the developers and buyers at an all-time low and job-loss worries at an all-time high in the IT sector. But the prices have still not come down to reasonable levels and therefore better hold for some more time before taking the plunge.

Class of '09 appears to be placed fully now and I hope this placement season acts as a warning for the modern day gold-hunters, who assume that just by getting admission to a good B-school would ensure a high-paying salary.

Having run around for 14 years, I have decided it is time to hit decelarate button for sometime and allow others to go ahead and instead spend time on more important things in life. Lot of time is now going in to reading fiction, playing squash, watching movies with family, buying vegetables etc etc.

Delhi weather is becoming more agreeable and I think coming weeks would be much better