A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Tony, Shambu & Swaroop….this blog on MOIL is in response to your requests….but will serve the interests of all readers As expected MOIL IPO received overwhelming subscription….Issued at Rs 375 with a 5% retail investors discount……and as expected it listed quite marvelously on December 15….reaching a High of Rs 591 on BSE…reacting sharply to close …
The Listing of Kolkata based Nilesh and Umesh Parekh promoted Gold Jewellery House,Shree Ganesh Jewellery House Ltd on Friday,April 9,2010 has spooked everybody The IPO was priced at the lower band of Rs 260,but listed lower and crashed to 160 levels pretty fast ……An interesting Bulk Deal caught my eye on this first day of listing …
On January 25,2010,I had blogged of an interesting Bulk Deal..Merrill Lynch buying S Kumars at Rs 47.60 Two Interesting Bulk Buys…Essar Oil by LIC at Rs 140 and S Kumars by Merrill Lynch at Rs 47.60 This Kasliwal company has zoomed past 18% today to Rs 57…as it has plans to unlock value with Brands …
S Kumars up 18% today at Rs 57…Interesting Retail Play in 2010 Read More »
I’m not going into the Merits of Rama Pulp…it may be just all Pulp ! I leave it your judgement….this is the sequence of events March 9,2010….I receive an unsolicited SMS,twice ,as must have thousands of others…Reproduced verbatim below Message Details : Sender :(no name) TA-STKFANCY….Time Received : 13:15:39 Message in Verbatim: Buy for intraday …
Among the Bulk Deals that took place last week,two interesting purchases caught my eye…..even though I’m not a great Fan of the Ruias (Essar Oil) or the Kasliwals (S Kumars)…both gravely let down shareholders and other Stakeholders in the 1990s and even into the 21st Century…there were several Corporate Governance Issues too 20 Million Shares of ESSAR OIL (currently …
Don’t get influenced and unduly excited by placements of part of their stakes by Promoters of DLF (at Rs 230) and Suzlon (at Rs 77) especially, and of TCS (at Rs 627)…..They have sold shares now as they desperately need funds and can’t raise it any other way……The Credit Crunch and Contraction has simply overwhelmed the corporate sector …
DLF,Suzlon,Tatas…Stress Stake Sales at Stress Prices in Stress Times Read More »