Muthooth Finance Non-Convertible Debentures, both secured and unsecured, are open for subscription. With Interest rates still remaining high, companies are finding it good time to raise money from the public by offering higher rates. This company also has been raising money quite frequently primarily due to the nature of its business.
Let review about this NCD to understand the risk associated and the considerable investment options-
The Company
Muthooth Finance is majorly into Gold Loans which is almost 98% of the total business. The business of the company is very much concentrated in southern part of Indian but in recent times it has focused on spreading it other parts of the country. The company revenues (which comes from the interest income) has almost doubled in last two years. Thriving on this increase in income, the company has been expanding rapidly by opening branches across the country.
About NCD
The total size of the issue is Rs 300 crore which is closing on December 2, 2013. The offer is on first come first serve basis and may be extended or pre-closed based on the fulfillment of requirement. The primary objective of this money is to either repay existing liabilities or utilize it for the operational expenses which company has to bear due to heavy expansion.
10 Best Long Term Stocks To Invest In Right Now: StanCorp Financial Group Inc.(SFG)
StanCorp Financial Group, Inc., through its subsidiaries, provides insurance products and asset management solutions in the United States. The company operates in two segments, Insurance Services and Asset Management. The Insurance Services segment offers group and individual disability, group life, group accidental death and dismemberment, group dental, and group vision insurance products, as well as absence management services to individuals and employers. This segment sells its group insurance products through sales representatives, as well as through independent employee benefit brokers and consultants; and individual disability insurance products through brokers and master general agents primarily to physicians, lawyers, executives, other professionals, and small business owners. As of December 31, 2010, it had approximately 31,000 group insurance policies in force covering approximately 6.8 million employees. The Asset Management segment provides 401(k) plans, 403(b) plans, 457 plans, defined benefit plans, money purchase pension plans, profit sharing plans, and non-qualified deferred compensation products and services through an affiliated broker-dealer. This segment also offers investment advisory and management, commercial mortgage loan origination and servicing, and financial planning services, as well as individual fixed-rate annuity, group annuity, and retirement plan trust products. In addition, the company owns and manages real estate properties for sale; and operates an online financial life planning and management service. StanCorp Financial Group, Inc. was founded in 1998 and is headquartered in Portland, Oregon.
Advisors' Opinion:- [By David Merkel]
The two stocks in question are Stancorp Financial (SFG) and National Western Life Insurance (NWLI). The short cases for both are based on a naive view of how insurance companies work.
Top 5 Income Companies To Own For 2014: Select Comfort Corporation(SCSS)
Select Comfort Corporation develops, manufactures, markets, and distributes adjustable-firmness beds and other sleep-related accessory products in the United States, Alaska, Hawaii, Canada, and Australia. It offers its mattresses under the Sleep Number brand name. The company also provides a line of accessory bedding products, including specialty pillows, mattress pads, comforters, sheets, and leg options. Select Comfort Corporation distributes its products through retail, direct marketing, and e-commerce channels. As of January 2, 2010, it had 403 company-owned stores and 146 retail partner doors. The company was founded in 1987 and is headquartered in Minneapolis, Minnesota.
Advisors' Opinion:- [By Ben Levisohn]
Others, however, gave back six months of gains in one week. That was the case for Select Comfort (SCSS), which plunged 29% to $18.60 this week after missing earnings forecasts and cutting guidance for the second time in 2013. Stanley Black & Decker (SWK), meanwhile, fell 15% to $77.16 after it beat earnings but lowered its guidance. It blamed weak margins in its security business, emerging markets and…wait for it…the government shutdown.
- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Select Comfort (NASDAQ: SCSS) were down 18.74 percent to $17.35 on weak Q4 guidance.Sarepta Therapeutics (NASDAQ: SRPT) tumbled 11.94 percent to $18.00 after Citigroup downgraded the stock from Neutral to Sell.
- [By Brian Pacampara]
What: Shares of Select Comfort Corp. (NASDAQ: SCSS ) popped 10% on Thursday after its quarterly results topped Wall Street expectations.
Top 5 Income Companies To Own For 2014: Raiffeisen Bank International AG (RBI)
Raiffeisen Bank International AG (RBI) is an Austria-based bank that focuses on corporate and retail banking sector. The Bank offers a range of products and consulting services, as well as market knowledge. The Bank�� products and solutions include financing, leasing, investing, hedging, trade & export finance, investment banking, cash management, payment services, custody & fund services, and cards, among others. RBI is organized into seven segments: the Central Europe segment encompassed the banking markets in the European Union countries in Central and Eastern Europe (CEE) region; the Southeastern Europe segment comprises Albania, Bosnia and Herzegovina, Bulgaria and Croatia, among others; the Commonwealth of Independent States (CIS) other segment comprises Belarus, Kazakhstan and Ukraine; the Group Corporates segment covers business with corporate customers of the Bank; the Group Markets segment covers capital market customers and business; Corporate Center, and Russia. Advisors' Opinion:- [By Rebecca Bundhun]
The Reserve Bank of India (RBI) recently banned banks from issuing loans under the ��0:20 scheme�� which, through a three-way agreement between the lender, the developer, and the homebuyer, allowed the customer to pay 20% upfront, while the remainder of the loan would be issued to the developer, regardless of the stage of construction.
Top 5 Income Companies To Own For 2014: Trina Solar Limited(TSL)
Trina Solar Limited, through its subsidiaries, designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide. The company offers monocrystalline PV modules ranging from 165 watts to 185 watts in power output; and multicrystalline PV modules ranging from 215 watts to 240 watts in power output that provide electric power for residential, commercial, industrial, and other applications. It also involves in the design and production of various PV modules, such as colored modules for architectural applications and larger sized modules for utility grid applications based on customers? and end-users? specifications. Trina Solar Limited sells and markets its products primarily to distributors, wholesalers, power plant developers and operators, and PV system integrators. The company was founded in 1997 and is based in Changzhou, the People?s Republic of China.
Advisors' Opinion:- [By Travis Hoium]
Foolish bottom line
Solar module manufacturers will be the most adversely affected in the near term. Trina Solar (NYSE: TSL ) , for example, makes about half of its own polysilicon but must buy 1.2 GW worth from outside suppliers. Yingli has already said that tariffs will adversely affect costs. The irony of imposing tariffs on U.S. solar exports to China is that China will be the one hurt by them in the long run.� - [By Justin Loiseau]
But even as coal consumption continues to grow, renewables are hitting record highs. Worldwide wind power pushed up 19% in 2012, while solar PV capacity jumped 42%. Trina Solar (NYSE: TSL ) is a Chinese solar giant and, although it's loaded up on debt, may emerge a leader due to its brand power and scale. Although China's increasing demand for energy is certain, where it will come from is still largely unclear.
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