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Tuesday 17 May 2011

SBI quarter results

SBI Results are very poor in no.s for 4th quarter profit has dropped to 20.88 crore from 1866 crore only results SBI Share slips by more than 6% there is good opportunity to buy that stock around 2400

Impact of fuel price hike

Cooking gas has a weight in WPI 0.9% means 10% increase in prices increases inflation to 0.09%
Kerosene has weight in WPI 0.7 means 10% hike results in increase in inflation to 0.07%
similarly Diesel has weight in WPI 4.7% and Petrol has weight in WPI 1.1%
Thus diesel prices has a huge impact on inflation

Speak asia a big fraud

Speak asia which is paying to people for surveys after joining with speak asia for a fee of 11000 it pays 500 per survey and gives 8 surveys per month means people can earn about 4000 per month, but it is just a fraud co. Don't have any existance in India it has office in Singpure and the surveys of co.s which they are sending are just self made survey as on contacting with co.s it has been found that they are not taking any surveys and not haven't any contact with speak asia these are all fake surveys

On contacting with co. CEO ,and asked about full details of their co. They donot have any clues and just making excuses, co. Is now advertising a lot During IPL matches and news papers but be careful and don't invest in such co. My lot of friends are get trapped in that co. Beware of all such co.s