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12:03 PM
For people who know Debian packaging, doesn't the source need to unpack to sourcename-version? I could try to find it in policy, I suppose. <Sigh.>
 
 
2 hours later…
2:02 PM
Does anyone know a way to make quilt think it's pushed a patch, when it actually hasn't?
patch works when quilt doesn't. No idea why, except software evolves to be annoying.
 
 
1 hour later…
3:13 PM
To whom it may concern
 
3:55 PM
Hi @PrabhjotSingh. Are you still investing?
 
@FaheemMitha I haven't bought stocks since Dec 20.
@FaheemMitha Hello and How are you?
 
@PrabhjotSingh Doing OK. The Cipla results could have been better, but can't complain.
How about you?
 
@FaheemMitha Yes. But pharma companies haves risen. DRL, Lupin and Divis for instance.
@FaheemMitha Good.
 
@PrabhjotSingh Risen from where?
 
Three years have passed but only one stock cipla?
@FaheemMitha These were beaten down stocks for three or four years.
 
4:03 PM
@PrabhjotSingh Oh, yes. They all were. Cipla included.
@PrabhjotSingh Pardon?
 
@FaheemMitha Cipla we discussed three years before.
 
@PrabhjotSingh Well, yes. We did.
 
@FaheemMitha You will not ask about DHFL?
 
@PrabhjotSingh DHFL? I don't follow.
 
@FaheemMitha Dewan Housing Fin Ltd.
 
4:07 PM
@PrabhjotSingh Yes, I know. What about it?
 
@PrabhjotSingh So bankrupcy?
 
We were discussing at 227 or so.
 
@PrabhjotSingh 227?
 
@FaheemMitha Yes and see
 
4:11 PM
Oh, you mean the share price.
 
Piramal has also stake in STFC. He is relative of Ambani.
 
@PrabhjotSingh So what would the shareholders get?
@PrabhjotSingh Those wretched people are everywhere.
 
@FaheemMitha I don't know. I have shares of DHFL. What does wipe out means?
If you see Cipla is diluted EPS has risen to 8.65 from 3.5 taken from here.
@FaheemMitha Have you bought shares last year?
 
4:38 PM
@PrabhjotSingh I'm not sure, but i doesn't sound good.
@PrabhjotSingh Bought shares of what?
@PrabhjotSingh I'm not sure what you mean. Can you elaborate?
 
@FaheemMitha You bought shares between April to July?
 
@PrabhjotSingh When did you buy shares of DHFL.
 
@FaheemMitha Don't Ask. at 380.
 
@PrabhjotSingh You mean any shares at all? I bought some shares last year and maybe early this year. But I don't think between April and July. Why?
I assume you mean between April and July 2020?
I might have done, but I got robbed, so I didn't have much spare money.
 
@FaheemMitha This is good to know. Because the market was at low last years. should I say markets?
@FaheemMitha Who robbed my brother?
 
4:44 PM
@PrabhjotSingh That would have been a good time to buy, sure. But I didn't have any money, and knew even less than I know now, anyway. Which is still very little.
 
@FaheemMitha Early this year. You are very brave.
 
@PrabhjotSingh PMC Bank. Or some of its employees, at any rate.
@PrabhjotSingh Why brave?
 
@FaheemMitha Oh Waryam Singh?
 
@PrabhjotSingh Well, it was a conspiracy.
I've been trying to learn a little bit about finance this part year. But it's not the sort of thing one can master in a jiffy. Maybe in 5 years I'll have some idea of what is going on. 3 years, optimistically.
 
@FaheemMitha Because this is very high.
 
4:46 PM
@PrabhjotSingh Early this year? What was very high?
 
@FaheemMitha I hope you will learn before 5 years.
 
I purchased shares of four companies. Jagran Prakashan, Ganesh Benzoplast, Alkem, and Dynemic Products.
@PrabhjotSingh I wouldn't count on it.
Learning anything takes time.
So why did you buy DHFL? And how are the rest of your investments going?
 
@FaheemMitha Yes after budget, BANKNIFTY was at 35000, If I am not mistaken.
 
@PrabhjotSingh I didn't buy any shares of companies in the Nifty.
 
@FaheemMitha Except DHFL and AXISCADE other stocks are doing well so far.
 
4:49 PM
Yes, much of the market is overpriced now. Particularly the big companies. Of course, some of them are always overpriced.
@PrabhjotSingh That's good. I hope you didn't buy many of DHFL.
 
@FaheemMitha Then you don't own best of breed. But i am not an expert.
 
@PrabhjotSingh Best of breed? Shares of Nifty companies is no guarantee of anything.
BTW, did you look at valuepickr? I think I sent you the link earlier.
 
5:09 PM
@FaheemMitha Yes. I had 250 shares. When it went below 200DMA I sell all but 35 shares. I don't know why 35 I didn't sell. This was in May last year when I knew that somehow I didn't sell 35 shares.
@FaheemMitha Valupickr is very good website. Chandra Gupta is very intelligent person, If I remeber name correctly.
@FaheemMitha Agreed. Google share price is case in point.
@FaheemMitha HDFC, Infy and Bajaj Finance are good companies, for example. There is no guarantee in stocks.
 
6:08 PM
@PrabhjotSingh I hope you didn't lose much money.
@PrabhjotSingh Oh, you were already familiar with it? You didn't mention it to me.
@PrabhjotSingh I meant Indian stocks, but it's true more generally, yes.
@PrabhjotSingh Well, they're big and stable, yes. But I don't know much about any of them. For example, I have little to no idea how any of them make their money.
It could be fraud, for all I know. And knowing India, it's not that unlikely.
 
@FaheemMitha I saw after your recommendation.
@FaheemMitha Indian stocks HDFC, Suzuki and Asian Paints. Highly over rated stocks.
I forgot Kotak Mahindra Bank.
@FaheemMitha Yes, But Answer to this is read moneylife and Sucheta Dalal.
@FaheemMitha Jagran and Alkem are good bets imo. But take expert opinion.
 
@PrabhjotSingh Oh, OK.
@PrabhjotSingh Jagran went up almost 50% after I bought it. It's now down a bit.
@PrabhjotSingh What experts? All the financial professionals I've talked to seem to have no idea what they are talking about.
The people on Valuepickr seem to have more idea.
@PrabhjotSingh I think the answer is learn about how they work. But I suspect that's no easy. And the information may not even be public.
 
@FaheemMitha I will tell you after these four companies after a week. But if you ask me hold both. Jagran and Bhaskar are good newspaper companies.
 
@PrabhjotSingh I wasn't planning to sell any of these. For one thing, I incline towards holding in general. Also, since I know almost nothing, I'm regarding all this as a learning experience. I'll see how things go.
 
@FaheemMitha I don't think if this is of some value. web.
 
6:23 PM
@PrabhjotSingh Yes, I'm familiar with Moneylife. They do good work. Though Ms. Dalal is not above lying.
 
@FaheemMitha If stock and market is above 200DMA, don't worry then. And never forget to see exchange rate and Bond yields.
 
They seem to be the only people who document how dysfunctional the securities and financial markets in India are. Like frauds committed by brokers and financial advisers is something shocking.
 
@FaheemMitha Yes, others are Andy mukherjee, Tamal bandyopadhyay.
 
@PrabhjotSingh I don't know either of those.
And the Moneylife offices are in Dadar. I've been there a few times. I've also met Ms. Dalal a few times. She's not very friendly. Quite aggressive.
 
Have you seen this?
3 hours ago, by Prabhjot Singh
For investing in stokcs: https://bookdown.org/junghoonshin/guide-to-wise-investing/
 
6:26 PM
@PrabhjotSingh I opened the link, but didn't really look at it. Is it a good book?
 
@FaheemMitha This is written by an R expert. I have seen some good points in this book. (for example 2.3 Big four numbers.
 
@PrabhjotSingh I'll take a look at it. Thanks.
 
@FaheemMitha This is disturbing.
@FaheemMitha Bye .Take care.
 
@PrabhjotSingh Why? That wasn't particularly meant as a criticism. Just an observation.
@PrabhjotSingh Talk to you later. Be safe.
 

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