A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
How should one now view and play Sesa Goa and Cairns India ? Markets have been excited for a few days by the Vedanta Group buying out the controlling stake in Cairns India from a subsidiary of Cairns Energy….. Cairns India had raced away to a new High of Rs 368 yesterday morning….. then came …
Sinecure….. A Paid Job requiring little or no work Now wouldn’t all of us just love a Sinecure ! Have come across this word several times and recently here in the Editorial of the Monday,August 2,2010 Edition of the Mumbai Tabloid, The Afternoon & Despatch Courier http://afternoondc.in/afternoondc/editorial/higher-judiciary-too-cut-from-the-same-tattered-cloth-isnt-it/article_6327 It reveals that a few years ago, a …
CommonWealth Games but UnCommonWealth Opportunities Really Sad…..Corruption refuses to recede…. again rears it’s ugly head…Now at the Commonwealth Games Organising Committee It’s adding to this India’s Hall of Shame of Thousands of Crores….Defence Scams……Mining Scams….Telecom Scams….Sports Scams Are we a Shameless Nation with no Conscience where Corruption is concerned !?….Patriotism and Pride confront Reality I remember …
CommonWealth Games…..UnCommonWealth Opportunities…… Read More »
I’ve been asked to Value newly listed Emami Infrastructure Ltd (EIL) after it’s Price Acrobatics displayed on the first day of Listing,on Wednesday last week! I needed a ‘Saridon’ at the end of the Interesting and quite revealing Valuation exercise !…there should be a law against the number of companies that a Real Estate Player opens …
I’ve been told by blog regulars that Galada Power (FV Rs 10),BSE Code : 504697 was being recommended a few days ago by some at Rs 6/7 as a multibagger Just know this…..It has been declared sick by BIFR but as the Board is of the View that a viable rehabiltation package can be arrived …
Be Careful of Galada Power at Rs 13/Rs 14….Know the Risks Read More »
I have two Primary Issues…and several related ones….. with this SKS Microfinance Primary Issue Microfinance Industry emerged to alleviate Poverty by providing access of basic financial services like Loans and microinsurance to the poor…..I am frowning at this attempt to commercialise this Industry through an IPO at such a High Premium I am not going to contribute …