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Keep up the good work

| 2/23/2012 9:30 PM Thursday

Keep Up The Good Work

I have been reading DSIJ for the last 25 years. This journal has grown in an admirable manner over the last 15 years and contains a wealth of information on investment, shares, mutual funds, etc. I would like to congratulate you.

However, I feel that the journal will increase its usefulness very much if you regularly include Sector/Tax Saving/Balanced funds in the MF Corner, as you have done in some of the issues, for example in Vol. 27 Issue No. 2 (January 15, 2012). Kindly consider this suggestion.

- J I Devadatta, Director (Finance) Retd., Bharat Electronics

Reply - Thank you for your valuable feedback. Your suggestion has been noted, and you will soon find what you are looking for in the magazine on a regular basis. After all, it is in our interest to provide readers with what they really look forward to. Do keep sending in your feedback to us.

Suggestions For Data Bank

I wish to give a few suggestions in regard to the Data Bank which you might like to consider:

  • Debt/Equity ratio should be provided on a half yearly basis, as it is now declared on a half yearly basis.
  • Instead of Book Value, you can provide the Price to Book Value as one has to calculate that in any case.
  • Instead of Dividend, you can provide the Dividend Yield as one has to calculate that in any case. Point 2 and 3 can come along with Price to Earnings Ratio in the Market Related Data.
  • You can provide sequential quarterly Sales Growth and Net Profit Growth (just like year to date) as important trends can be picked up using these trends. You can remove Face Value and CEqt, which are not as useful in comparison.
  • Instead of RONW, you can provide the Return on Assets. Highly leveraged companies will show high Returns on Net Worth, but the Return on Assets is a good management capability indicator as to how efficiently they are using their assets.
  • Instead of EPS, you can provide the market capitalisation to sales ratio, which is a good indicator of undervalued stocks. The EPS importance is already captured in the Price to Earnings ratio.

- Manish Gupta

Reply - Your request has been forwarded to the concerned department, and you should soon see an updated version of the Data Bank.

Corrigendum


- R G Rajan, CMD, RCF 

“To meet the challenges of competitive environment, RCF has upgraded all its plants in phased manner. At the same time, the company resorted to modernization, expansion and diversification in the field of fertilizers, chemicals and other value added products.”

This is the actual quote which should have been published on page number 65 of DSIJ’s publication ‘The Indian PSUs 2011’ as the quote from R G Rajan, CMD, RCF, instead of the KIOCL quote. This inadvertently made mistake
is sincerely regretted.

 

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