A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
SENSEX notched a gain of 615 points or 4.6% to close just under 14000 at 13964 yesterday The Dow Jones Industrial Average lost 237 points or 2.08% to close lower at 11147 yesterday Expect the SENSEX to wipe off yesterday’s gains today…Other Asian markets too have opened lower on cue this morning
In December 2007, SILVERLINE relisted at Rs 180 after Capital Reduction of Rs 9 in every Original share of Face Value Rs 10 and then consolidation of ten shares of reduced FV of Rs 1 each to one share of FV Rs 10…..It was quoted at Rs 13 on the original Face Value of Rs 10 before suspension in …
Every SILVERLINE has a Cloud !…from Rs 180 to under Rs 20 after Capital Reduction too! Read More »
Am I missing something here ! How is HOV Services only at Rs 105 ? On June 7,2008 it was on a 20% Upper circuit at Rs 120.45 and on June 10,2008 hit a 10% upper circuit at Rs 132.45 before reacting………All of this movement was on announcement of great results and an offer of US $ 202 million …
IFCI has dropped from Rs 120 levels late 2007 to below Rs 40 now and an expert on NDTV Profit today advised a holder whose cost is Rs 73 to exit the scrip and take the loss as it will not go anywhere from here! I say No way !…Oh It may fall lower from Rs 39…but …
Exit IFCI at Rs 39 and take a loss says Expert on NDTV Profit!…No Way ! Read More »
With share prices,especially of Real Estate Stocks arguably falling even below the Dead Sea Level (that’s below Sea Level and therefore sinking or drowning),Investors have seen quicksand erosion of wealth…DLF to shore up confidence has announced a Buy back Intention…They plan to buy back their shares …this can be through Open Market operations upto a predecided Share …
DLF to Buyback its Shares…SEBI should ensure it’s properly done Read More »
Citigroup has a new marketing Initiative with the tagline ” Citi Never Sleeps !”…how can it ? it’s busy trying to clear up the mess when it did !…it’s not allowing others to sleep too !…The sub prime loss and other credit loss runs into billions of dollars…the Indian operations showed a profit of just over …