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“In India, companies may fall sick, but promoters rarely do!”

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October 2008

When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000

Just yesterday,the Senior Editor of one on India’s most respected Investment and Finance magazine called me yet again….” Is this 1000 point rise in the Sensex on Monday and Tuesday fake or is it for Real ? : he inquired In June 2008,the Country Bureau Chief of China’s biggest National News Agency came to vist…he had …

When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000 Read More »

Investment Guru Mark Mobius calls for an end to Short Selling…I disagree

Investment Guru,Mark Mobius, calls for an end to Short Selling…”Short Selling is Not Investing.We have to seperate Investing from Gambling……We’ve got to get back to the fundamental concept of the stock market-the supply of Capital,the raising money for Growth” says he.  Mr Mobius,with due respect to your justified sentiments in these troubled times,I disagree. Although I …

Investment Guru Mark Mobius calls for an end to Short Selling…I disagree Read More »

CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ?

I’ve been inundated with calls on Core Projects…because on October 8,2008 it was Rs 250 and today it is Rs 63…Why this Sudden Collapse ? Will it revive ? Top Broking Houses had recommended this scrip very strongly in 2007 and earlier in 2008…In fact the Aditya Birla Group, through it’s Private Equity Business,had also invested …

CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ? Read More »

Don’t Invest in Equity…Drink Some Beer Instead !

If you purchased $1,000 of Delta Airlines stock 1 year ago, you would have $49 today.    If you purchased $1,000 of AIG stock 1 year ago, you would  have $33 today.    If you purchased $1,000 of Lehman Brothers stock 1 year  ago, you would have $0.0 today.    But, if you purchased $1,000 …

Don’t Invest in Equity…Drink Some Beer Instead ! Read More »

Poddar Developers Ltd…Self Development gone awry ?

Earlier called Wearology, and before that Monotona Exports,Poddar Developers has been a huge rollercoaster ride in the Movements of it’s Share Price on BSE in 2007 and 2008…In 2007 itself, from a low of Rs 23  it literally was pulled aggressively to an all time high of Rs 320 ….SEBI even issued a Show cause …

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Sensex drops 15.95% and near 2000 points this week to close at 10528

From a Sensex close of 12526.32 on Friday, October 3,2008,it has plunged another 15.95%  and 1998.47 points to close today at 10527.85…In fact today itself it lost 801 points.This is keeping in tandem with similar and worse falls in all World Markets this week too Now this is what I’m waiting for !…another 2000 points fall next week …

Sensex drops 15.95% and near 2000 points this week to close at 10528 Read More »

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