Chellamuthu Kuppusamy > Quotes

“someone simply puts his money without analysing anything, then he can be said to a squanderer who does not value his own money.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“As we already mentioned, retail investors get 35 percent of the total issue size in every public offer. If the issue size of say Rs1000 cores, Rs350 crores are to be offered to the retail investors. A retail investor (mostly people like us) by definition can apply for maximum of Rs.1 lakh.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Board constructed by people from the same family, major portion of the profit depleted as directors’ salary, profit suddenly raising the year before the public issue, no clear justification as to what the IPO money would be used for were indicators apparent in the offer document sufficient enough to alarm any alert investor.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“For more than a decade Japan has been maintaining an interest rate just above naught.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Jet airways and Biocon are market leader in their respective fields, at least when they went public. Their issues were priced highly, it was believed. They made no good for the investor who choose to invest with the company at the time of public issue.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“If the choice is between a questionable business at a comfortable price or a comfortable business at a questionable price, we much prefer the latter. What”
― Chellamuthu Kuppusamy, Warren Buffett - an Investography

“All of know the extent to which the service and operational efficiency of public sector banks improved after disinvestment. We”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“பணம் தேவைன்னு நினைக்கிறவனை விட தேவையில்லைனு நினைக்கிறவங்க கிட்டத்தான் அது சேரும்.. அதுக்காகவே அலையறவனுக்கு அது சேரவும் சேராது.. அப்படியே சேர்ந்தாலும் நிம்மதி கொடுக்காது”
― Chellamuthu Kuppusamy, பணம் பத்திரம் (Panam Pathiram): 'புதிய தலைமுறை' இதழில் வெளிவந்த தொடரின் நூல் வடிவம்

“Two languages will help build a single nation and a single language, two nations.”
― Chellamuthu Kuppusamy, Prabhakaran: The Story of his struggle for Eelam

“Brokers could spread their geographical presence through the length and breadth of nation and subsequently reach out customers who otherwise would never have gotten the chance to venture into stock investment. Auction, bidding, negotiation and what not, everything takes place at computer terminals. In the old system of outcry auction calling out the price on the trading floor, everyone would know which broker actually trades. But in the new system anonymity is maintained. You can play with millions of shares with cup of tea in one hand and puff of cigarette on the other. There”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Most of the people begin their entry into the stock market as investors. Over the passage of time they are infected by speculation bug. They”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Most of the companies care the least for small retail investors. As a result, safety net is only in the text book and seen nowhere in practice. If”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Dry and dull primary market with very little retail participation in the secondary market is considered as the indicators of bear phase coming to an end & reversal of trend. This”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Somewhere in 2004 a company called SAH petroleum came with its IPO at Rs 35 each share. It’s market price was tarnished into half in two years since then. At the same time, it is interesting to note that SENSEX doubled during the same time frame. Anyone”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“a management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.” Nothing”
― Chellamuthu Kuppusamy, Warren Buffett - an Investography

“After prolonged investigation SEBI came out with its verdict on April-26, 2006. Few depository participant organizations were banned. However, this was relaxed a bit after court intervention.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“These symptoms are deadly dangerous. Most of the bull runs across the world were brought to an end by high priced public issues. It is therefore imperative for investors to be extra careful during these hyperactive times.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“which caters to the recruitment”
― Chellamuthu Kuppusamy, Borrowed Girlfriend

“activities instead of non-productive tasks. The”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“That was what happened. A lady by the name Rupal Panchal had opened more than 5,000 demat accounts from the same address and played during the IPO issues of companies like YES bank and IDFC. She”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Even if the public issue is fully subscribed, the stock price post listing might fall below the offer price. It might take long time for it to climb back to that level. In this case, the company issuing the stocks and the organization that ran the issue are not affected, but the investors who invested with them. A provision called ‘Safety net’ helps investors to escape from this tragedy. Under this provision the lead manager should buy the stocks back from the investor at the issue price if it falls beneath the offer price. Offer document normally indicates if safety net is in place for the corresponding public issue.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Many of those IPOs hit the market when the trend was upward and mood positive. So they could cheerfully raise the money.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Sadly for few companies, such as Air Deccan, they had to issue shares when market started to correct from the then peak. The response was poor. The company tried to attract investors by lowering the price band from Rs 150-175 to Rs 146-175 and also extended the last bidding day for initial public offer. That was hardly sufficient. After it got listed in the secondary market shares plummeted to Rs 64 levels. If”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Inflation and Investment We the Indians are becoming stronger. Not long time back we required at least two strong young men to carry groceries worth Rs 200. But times change. Now a five year old boy can effortlessly carry items worth same two hundred rupees.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“Time is the friend of the wonderful business, the enemy of the mediocre.”
― Chellamuthu Kuppusamy, Warren Buffett - an Investography

“And finally, you are lucky enough to learn things at the expense of three years and 2.5 lakhs. There are people who paid much more for some trivial lessons.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“how to make money in a day?' I am completely convinced that any person who has an answer for this question won't need to make money by selling his 'tips'.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“After one year by the end of May, 2007 Vijay Mallya of Kingfisher airlines announced to acquire 26 percent stake in Deccan aviation. The stock price slowly inched back to Rs 145, almost the IPO price.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“This impression or belief is blindly wrong. I am not trying to detest every IPO. But the fact is, considerable number of companies hitting the market with new share have a hidden agenda of snatching maximum possible amount of money from the general public.”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors

“If this provision is in place, lead managers would naturally propose right valuation (price) for the issue, driven by the fear that they have to buy them back if price falls below the proposed level. Then,”
― Chellamuthu Kuppusamy, The Science of Stock Market Investment - Practical Guide to Intelligent Investors