Stocks To Keep A Close Eye On

[trader_man]

What was poor about the result....

Anyways...here is a puzzle specially for you

What is the difference between PAWS (PAUSE) CLAWS (CLAUSE) & GLUE

SavantGarde

SBI had posted a 22.2 per cent decline in its consolidated net profit to Rs 2,437.1 crore for the second quarter ended September 30, against Rs 3,133.1 crore in the same period last year.

The percentage of gross bad loans to total advances rose to 3.35% from 2.99% a year earlier.

The bank provided an extra 3 billion rupees toward employee benefits. It said it also provided 4.49 billion rupees in excess of prescribed norms to enable the bank to reach a provision coverage of 62.78% for the quarter.

Staff costs also rose nearly 40%, driven by higher provisions for pensions and gratuity and higher payment for employees.

I feel like I am going to get a good tongue-lashing from Mr SG :lol:

 

[SavantGarde]

Watch for difference in Spread between Bid & Ask... if normal difference of 1 buck is observed...and that suddenly gets reduced to 30 paise or 50 paise...or even 10 paise... then one should know that it is going to spurt....

Key is to remember the normal Spread...

Remember your own words...Demand & Supply...


SavantGarde

thanks, Mr. TM, for asking about Bid & Ask. I have made it a habit now to watch it closely before entering the scirp. But, I must confess, I got befooled by the sudden shift in the buy/sell ratio many times - hence, my blunder buyings!

As I know, Mr. SG would also recommend Freecell to me, but still I want to be demystified of the shifting ratio in plain words. That is, Mr. SG's words.

Please, Mr. SG?

 

[SavantGarde]

First answer to the puzzle...another post on SBI before the answer and it shall get consigned to the garbage can....

SavantGarde

SBI had posted a 22.2 per cent decline in its consolidated net profit to Rs 2,437.1 crore for the second quarter ended September 30, against Rs 3,133.1 crore in the same period last year.

The percentage of gross bad loans to total advances rose to 3.35% from 2.99% a year earlier.

The bank provided an extra 3 billion rupees toward employee benefits. It said it also provided 4.49 billion rupees in excess of prescribed norms to enable the bank to reach a provision coverage of 62.78% for the quarter.

Staff costs also rose nearly 40%, driven by higher provisions for pensions and gratuity and higher payment for employees.

I feel like I am going to get a good tongue-lashing from Mr SG :lol:

 

[asnavale]

It will be there next time......

SavantGarde

If you have not done already, check your nomadous for "Next Time".

-Anant

 

[trader_man]

What is the difference between PAWS (PAUSE) CLAWS (CLAUSE) & GLUE

Inside Every 'Paws' There Are 'Claws' & In Between Every 'Clause' There Are 'Pause'

 

[asnavale]

YES! :clap:
Incidently, in day before yesterday's news, it was voted the 'Best State in India'.

But shame to the 'powers that be' who were reluctant to acknowledge 'because of whom'!

The river in the photo was the clue. Looked familiar.

-Anant

 

[SavantGarde]

I did I did ...Incidentally my reply froze....and never went through...
No Problemo.... with dates...

SavantGarde

If you have not done already, check your nomadous for "Next Time".

-Anant

 

[Goofy]

Watch for difference in Spread between Bid & Ask... if normal difference of 1 buck is observed...and that suddenly gets reduced to 30 paise or 50 paise...or even 10 paise... then one should know that it is going to spurt....

Key is to remember the normal Spread...

Remember your own words...Demand & Supply...


SavantGarde

I am a goofy writer, I suppose. If I could remember what goofiness my pickled brain is up to, I wouldn't write them in the first place!

Just joking.

Thanks, Mr. SG. Perhaps, this was the gap in my interpretation - like, the gap between 7th and 8th candle of Rpower chart I couldn't see - but you did!

I'll be more patient tomorrow, and watch its consistency. It may befool me again by narrowing the spread just for a second or two!

 

[SavantGarde]

Now I know why it took you so long...to answer.... wasn't all that far & wide correct... but Greek Idiot that is only half the answer...

SavantGarde

Inside Every 'Paws' There Are 'Claws' & In Between Every 'Clause' There Are 'Pause'

 

[trader_man]

Mr SG, you still have not expressed your opinion on my portfolio. Since you are leaving for 3 days, please do so. It will give me some direction for the next 3 days. Thanks.