WORLD CUP CRICKET 2011 PREDICTION FOR THE MATCHES FROM 21 -30

Sl no	Date	Match	News articles bengaluru’s prediction	Actual result
21	06-03-11	England Vs South Africa	SA	ENG
22	06-03-1	India Vs Ireland	INDIA	IND
23	07-03-11	Canada Vs Kenya	KENYA	CANADA
24	08-03-11	New Zea land Vs Pakistan	PAK	NZ
25	09-03-11	India Vs Netherlands	INDIA
26	10-03-11	Sri Lanka Vs Zimbabwe	SL	SL
27	11-03-11	Ireland Vs West Indies	WI	WI
28	11-03-11	Bangladesh Vs England	ENG	Bangladesh
29	12-03-11	India Vs South Africa	SA
30	13-03-11	Canada Vs New Zea land	NZ

BANGALORE ODI - BOWLING WEAKNESS EXPOSED. DHONI, YUSUF SHOULD COME EARLY, STAY LONGER

338 is a good score to defend, on any pitch, more so with home ground advantage. However our bowlers failed to restrict the ENG team and India managed a honorable tie, thanks to mess up, by the England middle order. None of our bowlers were effective in the first 40 overs. In the second spell Zaheer bowled splendidly but enough to win the match.  Our bowling weakness was exposed against the English team, which is not so formidable. The Aussies beat them  by 6-1 margin, in the recent ODI series. In big matches and against strong opponents, Dhoni and Yusuf should come early and bat for at least 10-15 overs. These two have the ability to change the complexion of the game by their hard hitting batting abilities. Had we scored another 10-15 runs more, we could have won the match handsomely. At least, in future matches, Dhoni should change his game plan, himself and Yusuf should come early and bat for longer period, than what they did in the last two games.

AYODHYA PROBLEM - DIFFERENT VIEWS

First we have to change our mind set.There is only one God. Whether it is a temple, mosque or church should not matter. Justice Liberhan has took seventeen years to tell what the country already knew. The Truth commission, as proposed by DNA editor, will consume another decade to tell us again, what we already know. The political parties are in no mood to find a lasting, permanent solution to the problem. The parties concerned should change their mind set, instead of looking into the omissions and drawbacks of what has already happened and finding fault with each other. The purpose of all religion is to know and love God and to show ethical and proper directions to life and living. The preaching in all religion does not differ in any way and all teach love as against hatredness. India being a country, which harbors a multitude of religious belief, the feeling of solidarity in diversity can be best showcased by building a center of worship for all religions.This would no doubt become a memorable monument for the whole world to appreciate and emulate. Its time the political differences are buried and India demonstrates to the world that we are a truly a secular nation in letter and spirit. The government should initiate talks in this regard involving all political parties.The Fourth estate has a greater role to play in educating the general public.

ABSURD AND MEANINGLESS

The views expressed in the article 'How the UPA robbed us of Rs 2,80,795cr'
(DNA 29-08-10) by R. Jagannathan is meaning less and absurd.

The amount refers to the loss made good to oil marketing companies by the government. The profitable ONGC, GAIL and OIL were asked to part with Rs 1,12, 592cr and the rest came from Oil Bonds. Calling these exercise as loot/robbery has no reasoning and without understanding of our complex economy. Consider this -India's 58.4% population is dependent on agriculture, as means of livelihood.However, this segment contributes 17% only to the GDP. It is an indication of resourcefulness of the population depending on it. Of the total 110crpopulation, 37% consists of BPL families. The middle class constitutes another42% (however, this is below the BPL as per international standard). Hence, the subsidies provided to loss making oil marketing companies can not be termed as loot, fraud, since these subsidies benefits nearly 80% of the country's poor and middle class population. What is the alternative? Allowing the petroleum products to be priced at the prevailing oil rates/market determined rates. The country is not yet ready. That will make life miserable for nearly 90%of the country's population. The author's views holds no water, as of today.

Secondly, regarding the DTC bill. There is no end to human wants/wishes.
Government needs money, particularly for rural development, health care,
infrastructure and education. Where do they get it, if the people who have
capacity to pay is let off. Those 'who have' should take care of the 'have not',
that is the true meaning of inclusive growth. I think the government is on the
right track in this regard.

TEN REASONS WHY ONE SHOULD NOT INVEST IN SKS MICRO FINANCE IPO

1. Unethical business: The Company is charging interest around 40% p.a. on money lent to the poor and down trodden.


2. Unsustainable business model: The business model will not sustain in the long -run.


3. No commitment from the promoters: SKS’s founder and chairman sold his shares to Tree Line Asia Master Fund (Singapore) Pte for $12.9 million in Feb. this year.


4. Look at the salary of top executives :

Suresh Gurumani - Managing Director of the Company. The total monthly salary is Rs. 12, 50,000. In addition to the above, Mr. Suresh Gurumani was paid onetime bonus of Rs. 10,000,000, in April 2009.

Dr. Vikram Akula - chairman Rs 70.00 lacs p.a. In addition, ESOP amounting to Rs10.97lacs, totaling Rs 1.79cr p.a.


5. Mohd. Yunus says - “I get very worried when investment funds come to microfinance,” said the founder of Bangladesh’s Grameen Bank, which pioneered the industry by giving small loans to rural women to start their own businesses. “I don’t want to excite businessmen that there is profit to be made here,”


6. The IPO will make the promoters, and other venture capitalists including some P/E funds that have stakes in these companies’ millionaires. The hapless borrowers continue to live in abject poverty.

7. Government /RBI will not be mute spectators to the exploitation.
They are bound to regulate the segment. This will make the business un- attractive.


8. Financial inclusion initiatives taken by the public sector banks will marginalize the micro finance business. Do not buy the theories put forth by the BRLMs to sell the issue.




9. The average cost of acquisition of shares by promoters is less than Rs50/-The Company has limited period of history and no dividend payment record.


10. The Andhra Pradesh government has constituted district level ‘Task Force Committees’ (TFCs) to investigate the unethical practices of micro finance institutions in the state. The committees were constituted after the government received many complaints against the loan shark practices adopted by some leading MFI’s of the state.

FOR DETAILED ANALYSIS OF THE IPO LOG ON TO FIRSTCHOICEIPOANALYSIS.COM

BHARAT BANDH: WHY CANNOT OPPOSITION RULED STATES REDUCE VAT.

The BJP and some other political parties have called for Bharat Bandh on 05-07-10 against price rise and for increase in prices of petroleum products. Assuming for the sake of argument, that Center's policies are flawed and the present UPA government is anti-poor. Among others, VAT constitute any where between 24 -33% of the petroleum product prices. VAT is a state subject and the respective state governments have the power and authority to slash the rate to zero level if they are so concerned about the common man,for whose sake the strike being called.
.

HEGDE SUCCUMBED TO INTIMIDATION TACTICS

Most people are happy, that the lokayukta has withdrawn the resignation. However, his reputation and integrity has taken a beating. Was he not aware of his fatherly respect to Advani when he resigned? The whole world knows that the Reddy brothers are into illegal mining. He should have put removal of publicly known corrupt ministers as a pre condition for withdrawal. Why Advani simultaneously did not instruct the CM to drop Reddy brothers or expel from the party. I also have great respect for Mr. Advani, but when its come to fighting corruption he and his party is no better than the Congress. I do not think BJP government/any other government in the country is serious against fighting corruption. Generally, people enter politics to make money through corrupt practices, hence do not expect the politicians to fight against corruption. BJP government will make some cosmetic changes in the lokayukta set up and dilly-dolly the important issues on one reason or the other and after some time Hegde will resign again

SANTOSH HEGDE WITHDRAWS RESIGNATION

The lokayukta of Karnataka Justice Santosh Hegde has withdrawn his resignation after being persuaded by Sri L K Advani of the BJP. Hegde briefed the press in the presence of the CM BSY and BJP national president Mr. Nitin Gadkari among others, about his withdrawal.

LOKAYUKTHA RESIGNS

Justice Santosh Hegde, the Lokayuktha of Karnataka has resigned. Among others, Mr. Hegde has quoted non co-operation from the state government, including inaction against corrupt officials trapped by Lokayuktha and is protecting mining lobby.

IPO FROM AN INTANGIBLE ASSET COMPANY: FAT PIPE NETWORKS INDIA LIMITED.

The company earned a net profit after tax of Rs 399.37 lacs for the year 08-09, which was transferred to General Reserve. The balance at the end of the previous year in General Reserve was Rs 49.97 lacs. If you add, the profit transferred this year, to the figure it should be Rs 449.34 lacs. Simple arithmetic. However, as per the statement of accounts as furnished in the DRHP filed with SEBI, the figure is Rs 2103.04 lacs. For the difference, the corresponding entry shown in the balance sheet is Intangible assets.

Some of the comments made by the readers of First Choice IPO analysis are hereby reproduced.


DO NOT BUY!! Failure to report multiple litigation as well as challenges to its patents. Currently under federal investigation of its labor practices. Financials would not stand up to a US SEC audit, hence the reason to change from a U.S. company to an India company and run the IPO there. Numbers are misleading and inaccurate.
Dr.Raghula Bhaskar and Ms Sanchaita Datta are the promoters of the company. They take in excess of $400,000USD of income on a VC supported venture. They claim profit, but no listing of dividends to its investors. If you scrutinize some of the other ventures such as their India based programmers company BOX, you will find the company is listed as being based out of their home. Makes one wonder whether the VC's are even aware, they may have financed these other entities. This begs to question: Is this IPO merely a sham to pay back the VC is who by now must be impatient for a return.


Bottom Line: Fat Pipe years ago was at the right place at the right time. However, it has failed miserably to stay up with the ever-changing technology and marketplace. Other companies, new technologies, have sprung up bringing with them new technologies and innovation. Sorry Fat Pipe, you are OBSOLETE!!! Do you remember Iomega with the zip drive...? IOmmm who? A bet in Las Vegas would be a better risk.

FOR DETAILED ANALYSIS LOG ON TO FIRSTCHOICEIPOANALYSIS.COM