Saturday, June 16, 2007

Boomerang of 30%




God knows where tractor business is going....i
think govt should intervene.....Manufacturers have their shareholders money in their company ...they have to give them return at 30%+ else they will disinvest and buy Relaince....(common understanding)...so everybody wants a growth of 30%..quarter to quarter....



i recently invested in DLF IPO and demanded 30% profit from the broker..,...i need 30 % growth in
my salary YTY.....i need 30% more growth in my
career.......i need training programme QTQ, my
competecny to grow by 30%.....



Is that Possible????



Recently on CNBC there was a live board of directors meeting of M&M(later on i got to know
that M/&M has some share in CNBC and Anand Mahindra is blue eye boy of CNBC)......our EVP said about a question of shrinking of tractor market..why shd investors invest in you................



EVP: Look man! India is only 9% automated means still 9% of total agriculture is done with motor power..for rest man power of animal power is used.........(God knows where he got that fucking data from) so there is still 91% industry to be tapped.



Good to lure investors!!!!!



Well M&M tractors has been growing at astounding rate of 25% for last 3 years now. now
its a manufacturing company not an IT company.....that too with a huge base of $1 billion(4600 crore) so this demand of 30% growth is like a boomerang for all of us....its coming back to us.....



Now my BOSS wants 30% growth from last year figures.....and its figures not market
share......my last two month performance has shown degrowth of 10%..... so beware next time u want so much of returns...cos it is going to come back to u in some way or the
other......

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