A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This is my take on the IPL Kochi Controversy Lalit Modi and Shashi Tharoor are merely the symptoms of a larger IPL malaise of obscene monies, corruption, nepotism, blatant bias and murky shareholdings that act as fronts and misuse of Political Power and Position to corner these holdings…. the nexus is strong between Politicians, Industrialists, Mafia, Journalists, …
The Listing of Kolkata based Nilesh and Umesh Parekh promoted Gold Jewellery House,Shree Ganesh Jewellery House Ltd on Friday,April 9,2010 has spooked everybody The IPO was priced at the lower band of Rs 260,but listed lower and crashed to 160 levels pretty fast ……An interesting Bulk Deal caught my eye on this first day of listing …
A Client had placed a Deposit of Rs 50000 with Morepen Labs years ago…Under a Scheme of Arrangement and Compromise,It got converted into 3313 Shares…he asked me whether he should Hold or Sell….The Price is currently Rs 9 thereabouts…so he should recover nearly Rs 30000 An emotional decision would dictate to Sell…and after reviewing the …
last June 2009,Kamal had responded on my blog requesting for a view on Compact Disc (CD)…I had promised to review it before offering a view…never got round to doing so And Now I find on March 23,2010 CD announcing to the BSE that they have got a huge US $ 82 million Animation Film on …
Compact Disc at Rs 87.20…Fantastic Surge past few days…is it sustainable? Read More »
I’m not going into the Merits of Rama Pulp…it may be just all Pulp ! I leave it your judgement….this is the sequence of events March 9,2010….I receive an unsolicited SMS,twice ,as must have thousands of others…Reproduced verbatim below Message Details : Sender :(no name) TA-STKFANCY….Time Received : 13:15:39 Message in Verbatim: Buy for intraday …
It’s always a ‘Must’ read every year….Living Investment Guru,Warren E Buffett’s Annual Letter to his shareholders of Berkshire Hathaway….his insights,his ‘packing a punch’ at many issues,his confessions,his core heartwarming values,his demystifying the rationale for his investment decisions,his philosophy and his fabulous sense of humour…and he’s all of 79! Warren E Buffett has never authored a Book…does he …