A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
ICICI Bank’s Jt MD and CFO,Ms Chanda Kochhar just appeared on CNBC in a call in converstaion with the Anchors…Clearly through all her calmness and reassurances there was an underlying and urgent plea to Depositors and Shareholders and Investors not to Panic and fall prey to the rampant rumour mongering going on With the Share Price …
ICICI Bank Jt MD ,Ms Chanda Kochhar comes on CNBC to reassure Read More »
Just look at the Irony of it all ! When the Fed rate was as low as 1% for nearly a whole Year some years ago it had created the scenario of Wanton Mortgage Lending and Wanton Mortgage Borrowing and had led to a Surge in House Prices When the House Asset Bubble Burst and the ugliness …
Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago Read More »
What Did I tell you about HOV Services in this morning’s blog and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »
Would you believe it ! Just two days ago I blogged on how the Promoters of HOV seem to be hoodwinking shareholders And just yesterday the company informed the BSE of a Board Meeting to be held Today to discuss the Buy Out Proposal.Have a look at this announcement Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
As Share Prices move towards Distress and even Death levels don’t Buy into Companies just because the Share Price looks Cheap ! Alright ! So Futura Polymer at Rs 7/8 and NEPC at Rs 8/9…and Oh ! how does one leave out the Big Time Punting Scrip of HFCL below Rs 10 !…all look inviting at these prices..Were not …
I erred in recommending HOV Services just a few months ago. Check out my Blog of July 9,2008 on this Company when it was Rs 105.You can quickly access this earlier blog by choosing July 9,2008 on the Calender on the right or by typing HOV in the Search Facility. They had disclosed that they had received a Buyout …
Are the Promoters of HOV Services Hoodwinking Shareholders ? Read More »