This formula was given by Benjamin Graham.
You might wonder who Benjamin Graham is. He's the man who taught Warren Buffet, the richest man in the world who earned a lot of his wealth from stock markets around the world.
The formula is: Value= EPS (8.5+2g), where
Value = Value of the stock in rupees (if you are investing in India)
EPS = Earnings Per share in rupees (if you are investing in India)
g = Growth rate in per cent
For instance, assume that a stock like TCS' value as of today is Rs 1,240 and its EPS is Rs 57.65. Now, these two figures can help us arrive at a growth rate in terms of percentage at which the company's profits need to grow to sustain a price of Rs 1,240.
Let us calculate 'g' for TCS by substituting the assumed values in Graham's formula.
1,240 = 57.65 * (8.5 + 2*g)
Therefore, 1,240/57.65 = 8.5 + 2*g
Therefore, 21.5 = 8.5 + 2*g
Therefore, 21.5 � 8.5 = 2*g
Therefore, 13 = 2*g
Therefore, g = 13/2
Therefore, g = 6.5.
Suppose that,Tata Steel needs to grow by a mere 0.2 per cent for next 7-10 years to sustain it's price.
Do you think a huge company like Tata Steel will grow only at a mere 0.2 per cent? Of course not. It is a promising company with a sound management that can propel the company to much higher growth rate than 0.2 per cent.
Normally, a company that is expected to clock higher growth rates than 'g' is considered as a good buy. But this should not be your only tool to identify a stock could increase in value in the future.
Tuesday, July 29, 2008
This formula was given by Benjamin Graham.
Google Docs is great. It is typical Google-easy, clean and free. You can share your documents with your friends. Publish them on your blog or website. It is searchable using Google. Everything is great, except that Google thinks that the users want everything that they click on to open in a new tab or window. I just landed up opening 7 tabs. I hope Google Docs removes the new window tag in the links.
Saturday, July 26, 2008
The features and ergonomics of laptops are restricted due to their highly compact form. However you can make life simpler by investing in certain accessories for laptops that best suits your requirement. Here is the list of 12 vital add-ons,Firefox style!!!!!
Laptop Bag: Laptop bags are available in variety of designs ranging from protective sleeves to shoulder backpacks. You may pick the one that match your personality or the one that allows you to carry books to college, files to work and other accessories.
Laptop mouse: No matter how agile your finger is over the touchpad mouse , nothing is as comfortable as a mouse. A laptop mouse is highly if you use laptop more on the desk than on your lap. As they are light and compact, it would fit in your bag.
Notebook Webcam: Although you can use your desktop webcam with your laptop, a notebook webacam is designed so that it clips on to your screen frame.
Memory card reader: It is a must for those who who frequently use mobile phones for music,movies,etc. Buy the one which reads most formats and is compact as well.
Kensington lock: Securing your laptop with a kensington lock is the best way of protecting it from theft while you are away especially at busy places. Almost every laptop has a kensington security slot.
Notebook cooler: A notebook cooler is a metal plate fitted with USB powered fans, meant dissipting heat from the base of the laptop. It is advisable to use it if your laptop becomes unbearably hot to keep it on your lap.
Bluetooth dongle: Bluetooth dongle comes handy when you want to transfer data wirelessly to compatible portable devices such as cell phones , smart phones or othr laptops. You can even use to give print commands to bluetooth enabled printers.
Portable speakers: Almost all laptops have pathetic speakers. If you really want to enjoy movies and music on your laptop, portable loud speakers are a must.
Headphones: Good headphone is necessary if you don't want others to listen to what you are listening. It comes handy if you meditate listening to trance music and also during voice chat. Wireless one will be more comfortable as you can stretch while chatting for long hours.
External storage devices:An external storage device becomes a necessity if you want portablity. USB flash drives are enough to carry your documents and small files. You will need portable hard drives (range 320 gb to 2 tb) to carry your entire music and movie collection.
USB hub: Most notebooks are equipped with two or three USB port which can be used to connect external devices. However, if you run short of them then you can buy a USB hub for more ports.
USB-to-PS2 adapter: You might love your laptop a lot but, you can't deny that desktop computers are way more comfortable to use. If you use your laptop more on desk then you should have USB-to-PS2 adapter to connect your mouse and keyboard
I have published this post as a lens on squidoo as Laptops addons and accessories.
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Google’s Matt Cutts announced that a new Google Toolbar PageRank update is on the way and will be visible over the next few days. Google will be expiring some older pagerank penalities on websites. This will create a flutter in the web world especially the blogosphere. It will be interesting to see who gains and who loses pagerank.
I hope I regain my own.
If you don't like to use mouse often then these keyboard shortcuts will help you a lot while browsing the internet. You can avoid strain on your arms especially while using touchpad mouse on a laptop.
Select location bar: Ctrl/Cmd+L or Alt+D
Select search bar: Ctrl/Cmd+K
Back: Backspace or Alt/Cmd+Left
Forward: Alt/Option+Right or Shift+Backspace
Find as you type text: /
Find as you type link: '
Regular old find: Ctrl/Cmd+F
Open link in new window: Shift+Enter
Open link in new tab: Ctrl/Cmd+Enter
Open address/search in new tab: Alt/Option+Enter
Caret browsing: F7
Refresh: Ctrl/Cmd+R or F5
Refresh (override cache): Ctrl/Cmd+F5 or Ctrl/Cmd+Shift+R
Switch tabs: Ctrl/Cmd+Tab
Select tab (1-9): Ctrl/Cmd+[1-9]
Compose email: Ctrl/Cmd+M
Thursday, July 24, 2008
Google's Wikipedia competitor, Knol, was opened to the public on Wednesday morning.
So-called knols are articles about specific topics written by experts on that subject.
Google is partnering with The New Yorker magazine to allow any author to add a cartoon from the magazine to their knol. Knol authors can run ads with them, as well, and receive a cut of the revenue from Google.
What makes Knol different from Wikipedia is that every knol will have an author, or group of authors, whose name is prominent.
Google wants to rank entries by popularity to encourage competition. For example, the first knol on "Type 1 Diabetes" is by Anne Peters, director of the University of Southern California's Clinical Diabetes Programs.
As other writers publish on diabetes, Google plans to rank related pages according to user ratings, reviews and how often people refer to specific pages, DuPont said.
Knol focuses on individual authors or groups of authors in contrast to Wikipedia's subject entries, which are updated by users and edited behind the scenes.
Tuesday, July 22, 2008
New criteria for restricting the scope of what the US Patent Office considers patent-worthy poses a threat to numerous software patents, including Google's famed PageRank.
Google climbed past a morass of ineffective search engines when it arrived on the Internet. Its devotion to the most relevant possible solution for a given query quickly made it the de facto search choice as millions of people shifted their browsing habits from walled garden content to the broader World Wide Web.
The essential and much-discussed PageRank technology holds a patent, a common legal protection sought by software developers small and large. Some have claimed software patents affect far too broad a scope of potential innovation, leading to lawsuits where a patent owner claims damages by multiple companies.
Those on the losing end of such suits end up paying for what they argue are obvious and non-original concepts. That could change with a shift in the way the USPTO looks at software patents, the Patently-O blog on patent law said.
A series of cases may remake the software industry, all the way to the top where Google and other companies reside:
In the most recent of these three (cases)—the currently pending en banc Bilski appeal—the Office takes the position that process inventions generally are unpatentable unless they "result in a physical transformation of an article" or are "tied to a particular machine."
Patently-O sees Google's PageRank, the patent for which is owned by Stanford University, as failing the first part of the test, as generating scores isn't a physical transformation. The second part proves troubling given recent decisions made by the USPTO in a couple of other cases, not only for PageRank but other Google patents too.
"Google might have thought that the patent system would surely protect new technological developments that are highly creative and socially valuable. The PTO’s new position proves that view mistaken," Patently-O said.
Thursday, July 17, 2008
This spreadsheet compares top 5 social networking sites.
Wednesday, July 16, 2008
If you want to stay fit and healthy, read this post on push-up.
Monday, July 14, 2008
Like the last time England visited India, ECB are unhappy at the grounds chosen to host matches on the tour of India later in the year.
, , Bangalore, Chennai and have all been excluded from the winter schedule that includes two Tests and seven one-day internationals.
A statement from the England and Wales Cricket Board said: "Fans will not experience the great grounds of India."
BCCI does not much care about English visitors as Cricket is a religion in India and so filling up the stadium is not a big issue and it does not much cares about economy which will receive a boost if the English come in large numbers.
BCCI might be saving the big venues for the like Australia and Pakistan.
Nov 6: England arrive in Mumbai
Nov 9: One-day warm-up match in Mumbai
Nov 11: One-day warm-up match in Mumbai
Nov 14: 1st One-day international, Rajkot
Nov 17: 2nd One-day international, Indore
Nov 20: 3rd One-day international, Kanpur
Nov 23: 4th One-day international, Jamshedpur
Nov 26: 5th One-day international, Cuttack
Nov 29: 6th One-day international, Guwahati
Dec 2: 7th One-day international, Delhi
Dec 5: Three-day warm-up match, Baroda
Dec 11: First Test, Ahmedabad
Dec 19: Second Test, Mumbai
Saturday, July 12, 2008
Site is listed as suspicious - visiting this web site may harm your computer.
Part of this site was listed for suspicious activity 1 time(s) over the past 90 days.
Of the 3 pages we tested on the site over the past 90 days, 1 page(s) resulted in malicious software being downloaded and installed without user consent. The last time Google visited this site was on 07/12/2008, and the last time suspicious content was found on this site was on 07/12/2008.
Malicious software includes 1 trojan(s). Successful infection resulted in an average of 2 new processes on the target machine.
Malicious software is hosted on 1 domain(s), including 220.127.116.11.
Over the past 90 days, superbloggingtips.com/ did not appear to function as an intermediary for the infection of any sites.
No, this site has not hosted malicious software over the past 90 days.
In some cases, third parties can add malicious code to legitimate sites, which would cause us to show the warning message.
View Larger Map
This map denotes places where different computer languages were developed.
Monday, July 7, 2008
Indian One-day captain Mahendra Singh Dhoni is within touching distance of regaining the top spot in the ICC ODI Player Rankings after his consistent show with the bat in the just-concluded Asia Cup helped him jump two spots in the chart.
Dhoni was last at the head of affairs among the world's top ODI batsmen for one week in April 2006 and now he has only South Africa's Graeme Smith ahead of him.
Dhoni moved up two places in the rankings as a result of his 327 runs during the tournament. He was dismissed just twice in five innings and had a strike-rate of 91 runs per 100 balls.
Dhoni's gain, meanwhile, is Sachin Tendulkar's loss as the little master, who missed the tournament, drops four places to number six in the listings.
Both Andrew Symonds and Kumar Sangakkara climbed up four spots with the Australian in ninth position and the Sri Lankan a place further back.
Sunday, July 6, 2008
Timestamps helps your readers to know when the post was writen. But some times it is not necessary. For example, if your blog is about tips and tricks then timestamp is irrelevant. You must follow Google's policy of keeping only the necessary things on your page.
However, if your blog is event based then timestamp is a must.
Saturday, July 5, 2008
After almost two hours of remarkable tennis Venus williams beats her sister Serena 7-5,6-4 in the Wimbledon women's single finals.
Friday, July 4, 2008
I got this email from Adsense:
Thank you for your interest in Google AdSense. While reviewing your
application, we found your account to be closely related to an account
disabled for invalid click activity. Because we strive to protect the
interests of both our advertisers and our other AdSense publishers,
we're unable to approve your application.
In addition, please note that you will not be eligible to participate
in the AdSense program in the future. We realize the inconvenience this
may cause you, and we thank you in advance for your understanding and
If you have any questions about your account or the actions we've
taken, please do not reply to this email. You can find more information
To which I replied (everything is true):
I have been informed that I have not been approved for adsense account because "it is closely related to an account disabled for invalid click activity"
I think that account was that of my uncle who was staying with us, but, now has moved out.
I am, currently, monetizing my site through adsense in my mother's name. And that account is being operated in good way with NO invalid clicks,etc. Now that I have turned 18 I want to start adsense account in my name, AGAIN.
In the link you have sent me in email https://www.google.com/adsense
As I have stated above I have and will not do anything to pose threat to your advertisers . My actions shows that I am following your Program Policies.
Hoping that you will reconsider your decision.
Thursday, July 3, 2008
Nike's red and white Total 90 Omni is the official Barclays Premier League match ball for the 2008/09 season.
Barclays Premiere League official website has announced.
The ball has been engineered to set new performance standards for consistency, accuracy and visibility, having been tested and proven over two years - in computer simulations, in Nike research labs, and with some of the world's biggest clubs and best players. Its new, innovative panel geometry is designed to give players consistent response and touch wherever they strike the ball. Engineered hexagons and pentagons fit precisely together to create a nearly perfect sphere.
It is more predictable and more powerful wherever it is hit. Significantly, players say it gives them added confidence when they approach the ball.
Nike's answer to shots and passes that drift off their intended mark is an exclusive, aerodynamic micro-grooved PU casing. It was developed in the wind tunnel, and designed to fly faster and truer to the target.
To help players make better split-second judgments, Nike introduced performance graphics and colour to the game in the original Total 90 Ball. The new ball takes the idea to the next level. A new, red asymmetrical band encircling the ball generates a more powerful visual signal as it rotates, providing a quicker read on ball location, spin rate, speed and trajectory from any angle. It is designed to help players make better decisions at top-speed, when the pressure is on.
Spain head the Fifa world rankings after triumphing at Euro 2008 in style.
1. (4) Spain
2. (3) Italy
3. (5) Germany
4. (2) Brazil
5. (10) Netherlands
6. (1) Argentina
7. (15) Croatia
8. (6) Czech Republic
9. (11) Portugal
10. (7) France
11. (24) Russia
12. (12) Romania
13. (13) Cameroon
14. (20) Turkey
15. (9) England
16. (17) Scotland
17. (18) Bulgaria
18. (8) Greece
19. (14) Mexico
20. (16) Ghana
India's cricket board has told coach Gary Kirsten not to comment on the team on his personal Web site.
Kirsten cannot write post-match comments or columns as per BCCI's policy. Only the team captains are allowed to write newspaper or Web site columns.
On the site (www.garykirsten.com), the South African, who took over in March, said there was a need to introduce a rotation policy, adding that one-day captain Mahendra Singh Dhoni was in need of rest.
BBC has reported that Man City are still in the race to get Ronaldinho.
Ronaldinho, who struggled with form and fitness problems last season, has also been linked with a move to AC Milan and Chelsea, but Cook said City are genuine contenders in the race to capture one of the game's biggest names.
Brazilian striker Jo joined Manchester City from CSKA Moscow on Wednesday for what the English Premier League side said was a "club record" undisclosed fee.
The 21-year-old forward, capped once by Brazil, signed a four-year contract and in the process became Mark Hughes's first major signing at Eastlands since he replaced Sven-Goran Eriksson as City manager.
Jo, full name Joao Alves de Assis Silva, is a left-footed forward who joined several fellow Brazilians at CSKA in 2006 when he moved from Corinthians.
It had been reported that City expected to pay around 19 million pounds (38 million dollars) for the striker, who scored 44 goals in 77 matches for the Russian club.The club are keen to pair him with the former World Player of the Year.
Tuesday, July 1, 2008
Incessant rains lashed Mumbai from Monday night to Tuesday morning throwing the city out of gears and this is just the beginning of June. This has been the norm for past 4-5 years every monsoons. The trains were stopped and the road traffic was crawling. More rains are expected in next 24hours.
And God help us as heavy showers pour in Mumbai in the month of July .