A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
A year ago,USA’s biggest bank ,Bank of America quoted at US $ 43.Yesterday is sank below US $ 4 and recovered to close at US $4.84…down 66 % in January alone this year Market Cap has sunk below US $ 31 Billion…Bloomberg puts it rather tongue in cheek…One share of Bank of America will not even buy you …
Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone? Read More »
Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March …
So we all now concede that India is not decoupled from winds blowing in the US Stock markets…The Draft reaches our Exchanges too ! So it’s going to be Dow (n) with the Dow for our Sensex and Nifty too ! Three Interesting US Indicators support a further fall in our Sensex and Nifty to possible …
Sensex at 9200 and Nifty at 2800…..Historical US Data supports a further Fall in 2009 Read More »
I had blogged on Educomp a few days ago and now twice today. What is Brewing ! ? Obviously something we don’t know but the worrying and critical and significant difference between the Lower Futures and the Higher Spot flags up On the NSE the Feb 26,2009 Futures with the Market Lot Size of 75 shares closed …
Need to be Educated on Educomp !…What’s Brewing !? Read More »
Something Bad is indicated in Educomp…The Futures show it now under Rs 1400 while the Spot Market prices it at Rs 1725….Those who hold the share should quickly sellin Spot and buy back in the Futures to reduce their holding cost by over Rs 300 Ofcourse,those who hold the shares and are really worried should sell …
I for one,was not surprised to hear the shocking views on revising the ‘ Open Offer’ Pricing guidelines of JR Varma…He is an ex-SEBI Member and had also headed their Corporate Governance Committee…..He is clearly building up the ground for the Government to direct SEBI to do exactly just this to facilitate Larsen Mr Varma,was quite …