Advertisements

I Can’t Afford A New (Or Even Nearly New) Jaguar — So I Bought Shares In Tata Motors.

jaguarnew12Anura Guruge December 2014 thumbnail.
. .
.
.
.
.
by Anura Guruge


Related posts:
>> 2002 Jaguar XJ8.
** 1989 V-12 XJS …
++ “Jaguar Diaries” …

++++ Search ‘Jaguar many other posts >>>>


tatamotorslogo

Click to access the Tata Web site.

tatavehicles

Click to ENLARGE. The cars and trucks — not including the Jaguars and Land Rovers — made by Tata.


tatastock

TTM page from ‘MarketWatch’. Click to ENLARGE and view here. Use this link to access MarketWatck: http://www.marketwatch.com

Indian Tata Motors have owned the Jaguar Land Rover brand since 2008.

So, given that I can’t afford a new Jaguar I decided that I would do the next best thing — buy a few shares in Tata Motors, the 17th largest ‘car’ company in the world with revenues of US $42 billion.

Having spent a lot of time in India I am no stranger to Tata. Plus the name, an offshoot from a former acronym, is one very familiar to Sinhalese, like I, from Sri Lanka. ‘Tata’, or ‘Tatta’, means father — not that dissimilar to the yiddish word.

So this is the same logic I used with Sony. I can’t afford the Sony A7 RII or the Sony RX10 II (which I really would like to own) — so I bought a few SNE shares, i.e., Sony stock in the U.S.

TTM is the U.S. ‘version’ (i.e., ADS — American Depository Stock) of the Tata shares. It, at around $30 – $32, is not that expensive — say to Apple, Amazon or NetFlix. It has taken a hit of late but that is true of most stock.

So, I now have some affinity with Jaguar — shareholder PLUS two old Jags.

That Jaguar brand is owned by an Indian company only bothers me some. India to me is still the British Raj. The largest country in our glorious British Commonwealth. So there is still British in it. It isn’t like if it was owned by a Chinese, Korean, Japanese or Kraut company. So I am OK with the Indian ownership SINCE the Jaguar Land Rover COMPANY is still in Britian. 


Advertisements

Tags: , , , , , , , , , , , , , , , , , , , , , , ,

About Anura Guruge

See 'The Blogger' on my https://nhlifefree.com/ blog.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: