A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Was reminded this morning, by the Sunday edition of TOI, of a famous quote by Confucius….says he….”Choose a Job you Love and you’ll never have to work a day in your Life” Hey ! this Blog was born to reflect just this
USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …
U S A…..United States of Abattoirs ! ….Strategy going forward Read More »
Today Morning Nergis and myself were fortunate enough to be able to view Lalbaugcha Raja at Chowpatty (thanx to dear Niharika who alerted us at 5:00 am that His majesty had passed Prathna Samaj where she was at a friend’s). We’d like to share a few photos we took amidst the huge and escatic sea of crowds surrounding …
Abhishek Corp is promoted by the Mohites of Kolhapur…earlier the company was merely a Yarn Spinner…building up a capacity of 33000 spindles….Last year in Feb 2007 it came out with a IPO at Rs 100 (FV Rs 10)…the price has never been reached since then on listing…it dived to Rs 26 in July this year …
Abhishek Corporation at Rs 47/48…A Great Yarn play ! …pun intended Read More »
What a connect ! “Rock On” hit theatres in India in the last week of August and I saw it at Sterling Multiplex in Mumbai the second day,Saturday…the late night show Related instantly to Farhan Akhtar …sacrificing pursuit of personal passion for a highly successful Investment Banking Career in his twenties only to realise the folly…connected to …
Just a strong reflection…..we’ve seen huge abnormal speculative play in going Long on Oil and shorting the Dollar at the beginning of the Year 2008….Oil flared from US $ 70/barrel to more than double crossing US $ 145/barrel without significant change in supply or demand……and the dollar hit record lows earlier in the year…The Rupee …
It’s got to be the Biggest Speculative Play in Oil and the Dollar ! Read More »