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A Lion’s eye on the Bulls and Bears

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

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May 2012

Lack ‘Lustre’ Listing by Mumbai based Jeweller Tribhovandas Bhimji Zaveri…IPO at Rs 120 but Listing barely manages to touch this Price and closes lower at Rs 111

SEBI had tightened IPO Listing Rules in January 2012 to curb first days price volatility and manipulation by insiders….these are now implemented….IPO Issues below Rs 250 crs will be listed on only Delivery basis for the first ten days after listing and will have 5% tight circuit breakers on an equilibrium price discovered in a …

Lack ‘Lustre’ Listing by Mumbai based Jeweller Tribhovandas Bhimji Zaveri…IPO at Rs 120 but Listing barely manages to touch this Price and closes lower at Rs 111 Read More »

Sensex sinks 2.33% and 395 points to close at 16518 retracing all it’s misplaced elation yesterday on deferment of GAAR

Sensex sinks 2.33% and 395 points to close at 16518  at 3.30 pm,although the adjusted close is down 366 points at 16546…..retracing all it’s misplaced elation yesterday on deferment of General Anti Avoidance Rules (GAAR) Yesterday the Sensex showed a remarkable bounceback from negative to positive to close near 17000 at 16913 just because FM …

Sensex sinks 2.33% and 395 points to close at 16518 retracing all it’s misplaced elation yesterday on deferment of GAAR Read More »

Expected Weak Weekly Sensex Opening….drops @ 300 Points and struggling to stay over 16500…French Connection ?

Expected Weak Weekly Sensex Opening….drops @ 300 Points and struggling to stay over 16500…French Connection ?  Socialist Francois Hollande has won the French Presidential Elections beating the incumbent Sarkozy….Hollande is against Euro Zone austerity measures and wants to renegotiate the Eurozone Austerity and Bailout Package…seeks to meet Chancellor Angela Merkel of Germany right away as …

Expected Weak Weekly Sensex Opening….drops @ 300 Points and struggling to stay over 16500…French Connection ? Read More »

Never Buy Second Hand Electronics or Cars …. What about Second Hand Marriages !?

Told Son to get his own Car when it came to a stage where I had to ask him for the use of mine ! ” Go Buy a second hand Nano,Son “ ” Dad,Never Buy Second Hand Electronics or Cars !”….”And a Nano !?  Dad, I’m 6 foot two!” ” What about Second Hand …

Never Buy Second Hand Electronics or Cars …. What about Second Hand Marriages !? Read More »

IPO Failure : Samvardhana Motherson Finance Ltd issue closed today with just a shade over 23% subscription…BRLMs Standard Chartered Securities and J P Morgan India and Selling Shareholders decide not to proceed with the Issue

The Idea of this Blogpost is not to rub salt on the wounds but to again expose the twins Greed and Fear that characterize our markets …either the two BRLMs grossly overestimated their own ability or they grossly underestimated the intelligence of Investors or both ! IPO of Samvardhana Motherson Finance Issue closed today grossly …

IPO Failure : Samvardhana Motherson Finance Ltd issue closed today with just a shade over 23% subscription…BRLMs Standard Chartered Securities and J P Morgan India and Selling Shareholders decide not to proceed with the Issue Read More »

President of India must be a Non Political Appointee….never is !

President of India must be a Non Political Appointee….never is !…note I’ve asserted ‘must’ and not ‘should’ Irony is that we are not asking this question on the criteria above “WHO  MUST become the  President of India after current incumbent finishes her term in July 2012?” but instead speculating on political lines “WHO WILL become the …

President of India must be a Non Political Appointee….never is ! Read More »

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