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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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Controversies

Trading hours to be extended…I fear Intra day Losses too will get extended !

SEBI has allowed exchnages to extend trading hours…..So soon we’ll have the exchanges open trading from 9 am and continue right upto 5 pm…that’s a straight EIGHT hours of Continuous Trading…from the current Five hours and thirty five minutes from 9.55 am to 3.30 pm I’ve got one question…it’s mathematical….If an intra day addict,Mr Satta , makes …

Trading hours to be extended…I fear Intra day Losses too will get extended ! Read More »

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why?

Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108 …

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »

India and Insider Trading are Inseparable !

The pink newspapers this morning headlined that the Galleon Hedge Fund Founder and two Indian Americans among others were arrested for Insider Trading in USA…..Galleon has Investments in Edelweiss and Shriram too in India Insider Trading is a pet issue with me and I discuss it vigorously at my training sessions when we are discussing Ethics …

India and Insider Trading are Inseparable ! Read More »

Do not be seduced by recently relisted Shree Precoated Steel at Rs 27…Clearing misconception of consideration to be received on slump sale of it’s Steel Business to Essar Steel

Thanks Keshav for the query for Shree Precoated Steel (SPS) at Rs 27 My advise is to steer clear of SPS..don’t get seduced on the relisting at Rs 27 There is a misconception that SPS is receiving Rs 600 crs for the sale of the steel business to Essar Steel   I went through the …

Do not be seduced by recently relisted Shree Precoated Steel at Rs 27…Clearing misconception of consideration to be received on slump sale of it’s Steel Business to Essar Steel Read More »

Controversy revives on obscene CMD/CEO salaries….take Oswal Chemicals for example

This Sunday morning Biocon’s Kiran Mazumdar-Shaw’s opinion on CEO Salaries and Austerity Measures in DNA caught my eye…just a few days ago,Minister,Salman Khurshid had commented that Corporate CEOs should display austerity…Shaw comments that Government has no business dictating terms to Corporates on this matter as it is decided by shareholders..therefore the controversy and debate is uncalled …

Controversy revives on obscene CMD/CEO salaries….take Oswal Chemicals for example Read More »

US President Barrack Obama gets the 2009 Nobel Prize for Peace…Really Now !

Obama was sworn in on January 20,2009 as the US President…the nominations for the 2009 Nobel Prize deadline was February 11,2009….so someone submitted his name while he was in the Peace womb yet…nine months later he was born straight to the Nobel Prize for Peace !…Really Now ! It’s like awarding the Oscar prematurely for the …

US President Barrack Obama gets the 2009 Nobel Prize for Peace…Really Now ! Read More »

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