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

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September 2009

What an eventful week !…am not talking about the markets!

Phew !…It’s been quite an eventful week or two brings to close today half the Financial Year 2009-10…and I’m not referring to the Markets at all ! ….. a gap of over a week since my last blog! ….my daughters selection as goalkeeper for the Maharashtra State Girls u-15 Football Team and her rushing off to Uttaranchal …

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US Dollar as a Carry Trade Currency !…Why Not !?

With the stock bubble and the real estate bubble in Japan leading to it’s currency,the Yen becoming the Carry Trade Currency for over a decade we’re now seeing a very huge possibilty of the Yen giving way to the the World’s (yet) Reserve Currency,the US Dollar, in becoming the preferred Currency for Carry Trade ! For …

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Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it

Thinksoft Global Services,a Chennai based financial software testing service  is seducing you with a bookbuilding IPO in the band of Rs 120-Rs 130….Issue opens today and closes two days hence on Thursday,September 24,2009 Don’t ThinkHard on ThinkSoft !…ignore the Issue…this issue clearly is an exit route for an existing shareholder The IPO is for 36.46 lakh shares…of which just …

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Pleasantly uncanny meeting up this past fortnight, and after over 20 years, with old mates from school,college and the building !

It’s really been an uncanny two weeks…pleasantly so, as we met up with several old mates from our school,college and building in Mumbai Uncanny because we don’t meet for decades, as all had spread their wings in India and overseas and have moved up in personal and proffessional life….have families…..and then all of a sudden inside …

Pleasantly uncanny meeting up this past fortnight, and after over 20 years, with old mates from school,college and the building ! Read More »

Switch from Chanda to Shikha ! ? from ICICI Bank to Axis Bank !?

Now this is an intriguing switch to consider ! From Chanda to Shikha ? Just this morning I was conversing with an ex commercial editor of a Newspaper….we were discussing how the Media today is corrupt and deliberately mislead investors with guided opinions by experts and planted stories….in fact he was bold enough to even accuse a …

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Pip-avoid Pipavav Shipyard IPO

Yes,I know the IPO of Pipavav Shipyard Ltd  is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is …

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