A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108 …
Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »
We are hour and a half into counting in the 288 Seats and these are clearly the emerging trends in Maharashtra Congress/NCP alliance leads in 120 seats of the 268 of 288 leads so far…..70/50 is the breakup….the magic figure is 145….clealry the incumbents will not be dislodged from their Prime Dress Circle seats….will we have …
The pink newspapers this morning headlined that the Galleon Hedge Fund Founder and two Indian Americans among others were arrested for Insider Trading in USA…..Galleon has Investments in Edelweiss and Shriram too in India Insider Trading is a pet issue with me and I discuss it vigorously at my training sessions when we are discussing Ethics …
Thanks Keshav for the query for Shree Precoated Steel (SPS) at Rs 27 My advise is to steer clear of SPS..don’t get seduced on the relisting at Rs 27 There is a misconception that SPS is receiving Rs 600 crs for the sale of the steel business to Essar Steel I went through the …
Was really touched this morning…. received a call on my mobile from a PSU Banker who introduced himself as being a participant on one of my BSE Training workshops three years ago …he was unaware of this blog and had called to inquire if he could attend any more of my Equity workshops as he had …
A PSU Banker and workshop participant of three years before calls this Diwali…touching Read More »
Just saw ‘Blue’ late late night show…Lara is like Wow ! Sanjay Dutt is like Ow!….misfit in more ways than one…while the ohers are fit as in fit !…however not much depth in the movie…not even underwater ! I bet all of you are going to see it anyway !..and if you’re a multiplex buff …
Just saw ‘Blue’ late late show last night….Lara is like Wow! Sanjay Dutt is like Ow! Read More »