Tax free bond issues are simply not the flavour in 2012-13. Reason: lower interest rates compared with those offered in 2011-12. In such a lacklustre market, state-owned Jawaharlal Nehru Port Trust (JNPT) is hitting the market at the fag end of the financial year 2013 with its tax free bonds of Rs 1,000 each to raise Rs 2,000 crore. Those securities are offering 7.32% p.a. interest rate for retail investors and 6.82% for others.
Should you at all invest?
Rates are relatively lower than the previous year issues wherein the lowest rate offered was at around 7.90%. Still, there is enough reason to invest, believe personal finance advisors.
"Interest rates are still reasonable in a falling interest rate regime," says Anil Rego, CEO and founder, Rights Horizons a Bangalore based advisory firm.
"It is a good bet for people who are long term investors in debt instruments and fall in the highest tax brackets (30% or 20%). Compared with bank fixed deposits, these bonds are preferred due to tax benefits. Besides the tax effect, one can lock in his surplus money at a higher rate in the next ten years."
Top India Stocks To Invest In 2015: Resolute Energy Corporation(REN)
Resolute Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, exploitation, and development of oil and gas properties in the United States. It primarily holds interests in the Aneth Field properties that cover approximately 43,000 gross acres on the Navajo Reservation in southeast Utah. The company? producing properties are located in the Powder River Basin, Wyoming; the Bakken shale trend of the Williston Basin in North Dakota; and the Permian Basin of Texas It also owns exploration properties in the Permian Basin of Texas; and the Big Horn and Powder River Basins of Wyoming. As of December 31, 2011, the company had estimated net proved reserves of approximately 64.8 million equivalent barrels of oil. Resolute Energy Corporation is based in Denver, Colorado.
Advisors' Opinion:- [By Lisa Levin]
Resolute Energy (NYSE: REN) shares fell 1.63% to reach a new 52-week low of $7.25. Resolute Energy shares have dropped 33.84% over the past 52 weeks, while the S&P 500 index has gained 20.12% in the same period.
- [By Monica Gerson]
Resolute Energy (NYSE: REN) is projected to report its Q4 earnings at $0.04 per share on revenue of $89.46 million.
Perfect World Co (NASDAQ: PWRD) is expected to post its Q4 earnings at $0.43 per share on revenue of $142.11 million.
10 Best Long Term Stocks To Watch For 2014: Ellie Mae Inc (ELLI)
Ellie Mae, Inc., incorporated October 14, 2007, is a provider of on-demand automation solutions for the mortgage industry. The Company offers an end-to-end solution, delivered using a Software-as-a-Service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. It also hosts the Ellie Mae Network that allows Encompass users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The Company's offerings include range of Encompass services and the DataTrac mortgage management software system. On August 15, 2011, it completed the acquisition of Del Mar Datatrac,Inc. (DMD).
Using the Company�� network technology, it has helped connect a fragmented world of mortgage bankers, mortgage brokers, community banks, credit unions, lenders, investors and service providers, all of which are integral to the origination and funding of residential mortgages. Its Encompass360 solutions include Encompass Product & Pricing Service; Ellie Mae Total Quality Loan Program; Encompass Compliance Service; Encompass Appraisal Service; Encompass CenterWise; Encompass Commissions; Encompass TPO WebCenter and Encompass Docs Solution.
Ellie Mae�� Total Quality Loan program helps in identifying compliance, income and fraud issues early in the origination process; help protect business from loan buy-backs, and fortify workflow and uncover and correct possible issues before you close the loan.Encompass Appraisal Service, integrated inside Encompass360, is that solution helps in completing order right from the loan file in Encompass360; import complete appraisal reports directly into eFolder, and customize appraisal workflow by type of loan and control, which its users can order appraisals. Its Encompass CenterWise wraps two essential Web and electronic document solutions into one unified package. Encompass Commissions is a ! commission management solution integrated inside Encompass360 that automates the calculation, reconciliation and communication of variable pay across your organization. Hosted Encompass360 Banker Edition users can connect directly with third-party originators (TPOs) without leaving Encompass360, and have them connect back in a secure, synchronized, and easy-to-use Web-based environment. Encompass Docs Solution provides a single, integrated application incorporating both initial disclosures and closing documents.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Ellie Mae (NYSE: ELLI ) , whose recent revenue and earnings are plotted below. - [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
Ellie Mae Inc.(ELLI) on Monday confirmed there wasn’t a breach of customer data in a recent outage and that the outage wasn’t the result of a malicious attack.
- [By SA Pro Top Ideas]
Stock Movers and Great Calls
Saidal Mohmand argued Wednesday that Tellabs (TLAB) was a strong assets play on the verge of a turnaround. The stock is +5.9% since. Read article » On June 13, Stephen Lin said that Ellie Mae's (ELLI) dominant position could mean 45% upside. Shares are +30.7% since. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
Don't forget to check your SA Pro dashboard later today for the latest Alpha-Rich ideas, including a REIT with strong management and many catalysts. Any thoughts to share on the latest Alpha-Rich ideas? Leave a comment here. Have a great weekend.
SA Pro Editors
…............
The SA Pro team is Eli Hoffmann (Editor in Chief), Rachael Granby (Editorial Product Manager), Daniel Shvartsman, Samir Patel, Michael McDonald, and Jeffrey Fischer (Senior Pro Editors). You can reach us at pro-editors@seekingalpha.com. - [By Seth Jayson]
Ellie Mae (NYSE: ELLI ) reported earnings on April 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Ellie Mae beat slightly on revenues and beat expectations on earnings per share.
10 Best Long Term Stocks To Watch For 2014: International Northair Mines Ltd (INM)
International Northair Mines Ltd is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties throughout North America with a focus in Mexico. In Mexico, exploration is conducted by its wholly owned subsidiary, Grupo Northair de Mexico, S.A. de C.V. (Grupo Northair). Its projects include La Cigarra Project, Sierra Rosario Project, and El Reventon Project. The La Cigarra Project is located near the municipality of Parral, in the State of Chihuahua in north central Mexico. La Cigarra consists of mineral concessions totaling approximately 32,000 hectares. The El Reventon Project is located in the municipality of Otaez, Durango and is approximately 170 kilometers northwest of the capital city of Durango. The El Reventon Project consists of approximately 3,400 hectares. Sierra Rosario silver/gold project is staked by the Company and joint ventured to American Consolidated Minerals Resources Corp., which has a 50% interest in the property. Advisors' Opinion:- [By Alexis Xydias]
The ISEQ Index (ISEQ) in Ireland and the ASE Index in Greece, the first two nations to receive European Union-led bailouts, have soared more than 28 percent this year to lead gains among 18 national benchmarks in western Europe. Dublin-based Independent News & Media Plc (INM) and Athens-based Aegean Airlines SA (AEGN) rose the most, with jumps of more than 180 percent. Germany�� DAX Index (DAX) has advanced 18 percent in 2013, reaching a record.
10 Best Long Term Stocks To Watch For 2014: Amazon.com Inc.(AMZN)
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on its Web sites, and their own branded Web sites. In addition, the company serves developer customers through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Advisors' Opinion:- [By Jim Jubak]
That could actually be true. Started as a business-to-business e-commerce site, Alibaba has expanded to include Tmall (where companies sell to consumers) and Taobao (where consumers sell to other consumers). According to Morgan Stanley, the gross value of goods that moved through Alibaba exceeded the combined value of goods that moved through Amazon.com (AMZN) and eBay (EBAY) in 2012.
- [By Eric Bleeker, CFA]
Lyons and Eric also discuss whether original programming in the vein of companies like Netflix� (NASDAQ: NFLX ) and Amazon� (NASDAQ: AMZN ) is a worthwhile pursuit for Apple. For the full video of this installment of the weekly Tech Review, click here. Or, watch the segment on Apple TV below.�
10 Best Long Term Stocks To Watch For 2014: General Communication Inc.(GNCMA)
General Communication, Inc. provides communication services to residential and business customers under the GCI and Alaska Wireless brand names in Alaska. The company?s Consumer segment provides local and long distance voice services; video services and products, including cable, high-definition television, digital video recorder, premium channel programming, video on demand, and pay-per-view programming services; Internet access; and fixed and mobile wireless voice and data services. This segment also sells handsets, personal computer wireless data cards, and accessories to residential customers; and offers bundled services and products, which comprise long-distance, cable television, cable modem Internet access, local access, and wireless services. Its Network Access segment provides interstate and intrastate-switched message telephone, multi-protocol label switching, frame relay, private line and dedicated Internet, and wireless services to GSM and CDMA wireless carrie rs. The company?s Commercial segment offers local and long distance communication, video, Internet, data network, managed, wireless, and bundled products and services. Its Managed Broadband segment offers Internet access, data network, and managed services to rural school districts, hospitals, and health clinics. The company?s Regulated Operations segment provides wireline communications services, including local access and long-distance, and Internet services and products, to residential, business, and governmental customers in areas of rural Alaska. General Communication, Inc. sells its services primarily through direct contact marketing, as well as through local media advertising, and its retail stores and Website. As of December 31, 2011, it had approximately 87,900 long-distance customers, 138,100 local access lines in service, 142,600 basic cable subscribers, 139,900 wireless subscribers, and 119,400 cable modem subscribers. The company was founded in 1979 and is bas ed in Anchorage, Alaska.
Advisors' Opinion:- [By Dan Radovsky]
Alaska Communications and General Communication (NASDAQ: GNCMA ) -- also known as GCI -- have finalized the transaction they proposed last summer to form The Alaska Wireless Network, or AWN, both companies announced today.
- [By Dan Radovsky]
Alaska Communications and General Communications, (NASDAQ: GNCMA ) , or GCI, today signed the network sharing agreement they proposed last summer.
- [By Lisa Levin]
Long Distance Carriers: This industry fell 1.97% by 10:50 am ET. General Communication (NASDAQ: GNCMA) shares dropped 2.2% in today's trading. General Communication's trailing-twelve-month profit margin is 0.98%.
10 Best Long Term Stocks To Watch For 2014: Snap-On Incorporated(SNA)
Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. Its products include hand tools, such as wrenches, screwdrivers, sockets, pliers, ratchets, saws and cutting tools, pruning tools, and torque measuring instruments; power tools, including pneumatic, hydraulic, cordless, and corded tools; and tool storage products comprising tool chests, roll cabinets, and tool control systems. The company?s diagnostics and repair information products include handheld and PC-based diagnostics products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems, business services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics to manage and track performance. Snap-on Incorporated?s equipment products comprise solutions for the diagnosis and service of automotive and industrial equipment, such as wheel alignment, collision repair, air conditioning service, brake service, fluid exchange, transmission troubleshooting, and safety testing equipment, as well as wheel balancers, tire changers, vehicle lifts, test lane systems, battery chargers, and hoists. The company also provides financial services, including business loans and vehicle leases to franchisees; loans to the franchisees? customers; and loans to its industrial and other customers for the purchase of tools, equipment, and diagnostics products. Snap-on Incorporated sells its products and services through mobile vans, franchisees, company-direct sales, distributors, and the Internet in approximately 130 countries, including the United States, the United Kingdom, Canada, Germany, Australia, France, Japan, Spain, Italy, Sweden, the Netherlands, Argentina, China, and Brazil. Snap-on Incorporated was founded in 1920 and is based in Kenosh a, Wisconsin.
Advisors' Opinion:- [By Shauna O'Brien]
Snap-on Incorporated (SNA) announced on Friday that it has agreed to acquire all of the assets of Pro-Cut International for $45 million.
Snap-on will acquire Pro-Cut for $45 million in cash. Pro-Cut is a manufacturer and designed of on-car brake equipment. The company’s sales were approximately $25 million in 2013.
Snap-On’s CEO and Chairman Nick Pinchuk commented: “Pro-Cut’s advanced brake servicing product line enhances and increases Snap-on’s offering of productivity solutions for vehicle repair facilities, including independent shops, national service chains and OEM dealerships.”
“We believe Pro-Cut will be an important addition to our Repair Systems & Information Group and will help us move further along our coherent growth runway of expanding with repair shop owners and managers. We look forward to welcoming Pro-Cut associates to the Snap-on family,” Pinchuk added.
SNA Dividend SnapshotAs of Market Close on May 29, 2014
Click here to see the complete history of SNA dividends.
Snap-on shares were mostly flat during pre-market trading Friday. The stock is up 6.83% YTD.
- [By Matt Thalman]
Another player that operates heavily within this industry, but in a slightly different fashion, announced earnings today. Shares of tool company�Snap-On (NYSE: SNA ) �rose 7.76% today after beating estimates on both the top and bottom lines. Revenue came in at $797.5 million for the quarter, a 5.9% increase from last year and higher than the $779.5 million analysts were looking for. Earnings per share hit $1.60, again higher than the $1.56 that was expected. One of the areas that management would like to focus on moving forward is expanding its vehicle repair garage, which again would make sense given the average age of vehicles on the road today.�
- [By Lisa Levin]
Snap-on (NYSE: SNA) shares gained 0.60% to create a new 52-week high of $106.62. Snap-on's PEG ratio is 1.78.
Posted-In: 52-Week HighsNews Intraday Update Markets Movers
10 Best Long Term Stocks To Watch For 2014: Points International Ltd (PCOM)
Points International Ltd. provides a range of e-commerce and technology services to loyalty program operators using. These services consist of a range of e-commerce services (referred as its Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale. The Company also offers a reward management Website referred to as Points.com. The majority of the Company�� loyalty program partners operate in the United States. It also has a European customer base. It has three wholly owned direct subsidiaries: Points.com Inc., Points International (UK) Limited, and Points International (U.S.) Ltd. The Company�� services are generally delivered through Web-enabled e-commerce solutions. Points.com offers members of multiple loyalty programs the ability to track and manage their loyalty currencies. Advisors' Opinion:- [By Hank Coleman]
Anna Subbotina/Shutterstock You may not be fully aware of it, but you're probably sitting on your own personal treasure hoard: a stash of airline miles, hotel points or reward points you've earned through your credit cards. According to statistics compiled by Points.com and its parent Points International (PCOM), a company specializing in helping consumers trade, exchange and redeem reward points, the average American is hoarding more than 61,000 reward points through various programs. Americans have more than 2.65 billion loyalty memberships -- almost 10 per person. This would be fine if we were spending those points -- but we're not. According to Points.com, only 16 percent of us redeem the points that we earn each year. Why do we love reward points? Is there a danger in hoarding them? What should we do with our points as our balances continue to grow? Why Do We Love Reward Points So Much? Getting something for free is a big allure of reward points and loyalty programs. I love that my airline-branded credit card allows me to check a bag for free. Companies view reward programs as marketing by gamification. If businesses can make patronizing them into a game for their customers, they'll be more likely to do what it takes to advance to the next level. And of course, these programs inspire brand loyalty. I'm a huge fan of Fitbit. I'm always striving for the next badge or level with my fitness goals through the site and its devices. I'm also addicted to checking in to the places that I frequent on Foursquare. It drives me crazy when someone ousts me as the mayor of one of my favorite haunts. Gamification is going on with reward points themselves. Companies have found that we desperately want to get to the next level of rewards. That's why companies have different colored credit cards and exclusive levels that offer even more freebies to loyal customers -- though usually for a price. And we are dreamers. We dream that our frequent flyer miles and hotel rew
No comments:
Post a Comment