A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
It needed a leading Broking House to liven up and entertain us and provide a chuckle while the markets swing around ! On May 31,2010 this Broking House gave a Fundamental Call Report to ‘Sell’ Punj Lloyd at Rs 137 with a down target of Rs 97 On the same day the ‘Private Client Group’ arm …
I’m Looking Beyond the Financials here…..at the Standard Chartered Bank (SCB) INDIAN DEPOSITORY RECEIPTS (IDRs) Issue….am not inclined to recommend Investment,although the Pricing looks reasonable and it will not form part of the Overseas Investment Annual Limit of US $ 200k per Indian Citizen….probably a contrarion here as all seem to be recommending the IDR….I’m a bit …
One often gets wise after the Event…. but what if one does not !… does not deliberately want to actually! I don’t want to get into the game of Bashing up the Rating Agencies… but was curious to see how Standard and Poors have rated USA on long term and short term sovereign domestic and fx …
S & P’s Sovereign Rating of USA remains at Top ‘AAA’….Amusing! Read More »
In November 2008,I had covered in two blogs,what our Telecom Minister,A Raja had blatantly done….he had gifted 2G Licenses to vested interests at a pittance…just over Rs 1000 crs,when he could have got ten times more for the Government Today, after a 34 days auction process it has been announced that the 3G Licenses auction has …
Well Done SEBI ! I have been advocating this for years !…that Annual Reports of Listed Companies had to be filed with the Exchange where listed as per the Listing Agreement….What prevents the Exchange from making these available on their website!?…I had asked an ex CEO of BSE this at one of our annual faculty …
Have a look at this link http://www.india.com/news/india/ipl-the-rabbit-hole-runs-deep_7575 The author is aggressively forthright and blunt in putting across how he sees the IPL Mess and how it’s unfolding…a few may be conjectures at this stage…but quite plausible There are simply too many Strong Questions that remain unanswered or have unconvincingly been answered that has lead to this situation …
IPL Cricket Stink…providing a link to some bluntness Read More »