A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
A Wall Street Commentator just described ex Fed Governor,Alan Greenspan as duplicitous and the one man responsible for this unholy unprecedented Financial Earthquake in USA……..Duplicitous means Deceitful
USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …
U S A…..United States of Abattoirs ! ….Strategy going forward Read More »
Just a strong reflection…..we’ve seen huge abnormal speculative play in going Long on Oil and shorting the Dollar at the beginning of the Year 2008….Oil flared from US $ 70/barrel to more than double crossing US $ 145/barrel without significant change in supply or demand……and the dollar hit record lows earlier in the year…The Rupee …
It’s got to be the Biggest Speculative Play in Oil and the Dollar ! Read More »
Akruti City is probably the most relatively expensive real estate company in India. At Current Share Price of Rs 840 and an Equity of Rs 66.70 crs (Face Value of Rs 10) the Market Capitalisation is Rs 5600 crores. At March 31, 2008 the Networth was just under Rs 800 crores and Debt was Rs …
Wasn’t Mr S A Dave the Chairman of UTI in the 1990’s when it subscribed to the controversial preferential allotment of Equity Shares of over Rs 700 crs made by Reliance Industries. It was controversial for several reasons…striking reasons were that the shares were locked in and were subscribed to at higher than market price !…clearly the Investment decision …
Senior Counsel, Mahesh Jethmalani deserves to be complimented. Says he, “There’s a crisis of Character in our Country” He has taken a stand against senior counsels, R K Anand and Prosecuter I U Khan who were held guilty by the Delhi High Court for obstructing administration of justice while trying to influence an eye witness …
Thumbs Up to Mahesh Jethmalani for taking a stand against other senior counsel Read More »