MR.MODI and his FACEBOOK FRIENDS

June 27, 16

MR.MODI and his FACEBOOK FRIENDS

Greetings from Hitesh! To be on FACEBOOK/TWITTER and WHATSAPP is the in thing. If you are not on either of this – you are considered outsider in today’s digital world. If you look at MR.MODI’s win in last election – he had used the technology power to influence the new voters mind like anything. He got a super success and he became the PM. So, one can say technology is useful, if used properly.

Yesterday, a doctor friend of mine sent me a very serious message on WHATSAPP – and here it goes.

“674 Facebook friends,

584 Twitter followers,

917 WhatsApp contacts

*Still outside the ICU he had only his wife, children and his parents* for whom he never had time to spend.”

This is the verbatim message I received. Due to FACEBOOK – I see many people are always on the NET (during night also) to get the LIKE and to give the LIKE. More likes you get – more successful you are!! This likes has nothing to do with your actual success in your life. Next day – you will have to post NEW PHOTO to get more likes. The CYCLE GOES ON like this and you remain BUSY without any productive results in the end. They all will face the same situations when they are in the HOSPITAL.

What is MR.MODI’s TRACK RECORD?

When it comes to getting the LIKES from outsiders – I can give full marks to Mr.Modi. He has got the most likes as a PM of India by outsiders. It can be a STANDING OVATION / RED CARPET RECEPTION / POSITIVE INTERNATIONAL MEDIA COVERAGE / record of travelling outside India for the most number of days / visiting or getting invitations from unknown countries to visit their places. You can add many such CREDITS to him. US Media called BEN BARNAKE as “HELICOPER BEN” for printing money. Same way Mr.Modi is known as “NRI PM” by Indian Press.

We hear, in his recent 5 days TRAVEL – he visited 6 countries and remained awake for most of the time. He took little sleep during TRAVEL and things like that.

There is not doubt that he is WORKING HARD / trying to improve the international relationships / bring more FDI in India and improve the Indian economy with the Outsider’s Investments!! Looks logical and convincing.

But recent FIASCO in NSG / USA support to PAKISTAN for Rs.5000 Crs. in the month of JUNE after MODI came back from USA (where he addressed US congress) / CHINA’s denial to INDIA for NSG and consistent support to PAKISTAN – makes me think about FACEBOOK friendship of Mr.Modi. They are giving LIKES to Mr.Modi but doing what suites their interests the most!!

What about FOREIGN investments?

I have been dealing with Investors for over 25 years. The BIG investors are the SHREWDEST of the lot. They will be with you as long as they can make money by investing with you. They are LEAST interested in your PROBLEMS. They forget all relationships when it comes to there MONEY.

Same applies to FDI and FPI. They are here because they have no opportunities ELSE WHERE and they see better opportunities in India at this moment of time. They are sure that they will be able to make good money in India under current circumstances.

Since AUGUST 2012 – I had predicated that India will have a GOLDEN period between 68^th years to 86^th years of Independence. I have not said we will have GOLDERN PERIOD because of MR.MODI. The point is INDIA is passing through favorable phase due to many reasons and FDI and FPI is pouring in to take advantage of the situations. Since MR.MODI is there at the TOP, naturally all credit is going to him.

(Low Crude price / USA  / Europe / China / JAPAN are in MANDI - these are the prime reasons for FUNDS to come to India. They have no LOVE FOR MODI or for you and for me).

I had understood this scenario long back and I was categorically positive for India since 5^th Dec.,2008!! I have always maintained a BUY on INDIA since that date. I was and I am telling all my readers the same thing. Unless you understand the GROUND REALITIES way ahead of the other – you can’t make big money.

What are the CHALLENGES for Mr.MODI?

Situation of FAMILY is not good. We are being made to pay tax for almost anything. TAXES have gone up at much faster rate then Income for most of the guys. We have faced 2 years of DRAUGHT like situations and the situation of common man/farmer is also not good. There is a HUGE LIQUIDITY CRUNCH for businessman. Most guys have lost the hope for ACCHE DIN NOW. In short, INDIAN economy is doing good but most INDIANS are in ICU!!!

This is the BIGGEST CHALLENGE for MR.MODI. I am a very long-term investor and I understand the difference between VALUE and PRICE and I have seen that they may or may not move together in short period of time. But in long term VALUE is the only factor, which decides the prices.

I do not want to decide him as a failure or success for the situations we are facing now a day. The VOTERS will decide his FATE in next election.

What NEXT?

I maintain my view on INDIA as a preferred investment destination despite all these issues. I agree with Mr.RAJAN when he said – “India has one eye in the group of blinds”. Outsiders are investing and making tons of money – why you are sitting on side lines. Just jump in the game.

If you need HELP in investing, you can contact me.

Wish you all a HAPPY WEEK AHEAD.

Follow me on Twitter @hiteshmparikh /  WhatsApp - +91-9869425399 / www.hiteshmparikh.com

Live With Passion…Invest With Passion.

Hitesh Parikh.

www.hiteshmparikh.com