A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I had warned Investors of Thinksoft Global IPO in September 2009 Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it However on Listing it kept defying gravity and on February 11,2010 it zoomed to a record high of Rs 544 with record Volumes But since then in just Ten Trading days and Eight continous …
We keep waving our High GDP growth rate,Infrastructure and Domestic Consumption Stories like a Magic Wand that will solve all our Economic Woes Ofcourse they do hold out great hope…but pause to think of critical economic challenges that India faces…atleast on two major fronts…Runaway Food Inflation and Fear of Oil Prices surging yet again…these are …
Among the Bulk Deals that took place last week,two interesting purchases caught my eye…..even though I’m not a great Fan of the Ruias (Essar Oil) or the Kasliwals (S Kumars)…both gravely let down shareholders and other Stakeholders in the 1990s and even into the 21st Century…there were several Corporate Governance Issues too 20 Million Shares of ESSAR OIL (currently …
BOC’s Share Price is bubbling…It reached a 52 Week high of Rs 227.50 on BSE today but closed lower at Rs 218 + ….Volumes were 3.32 lakh shares,nearly twice the two week average of 1.70 lakh shares….41 % is marked for Delivery……The Market Cap is Rs 1860 crs,but the float is under Rs 200 crs 89.48 …
Karuturi Global (KG) is at a 52 Week High of Rs 23…..It’s Face Value is Rs 1…Volumes are heavy and the Market Cap is over Rs 1100 crs There is growing euphoria about this Bengaluru Company which claims it’s the largest Rose Buds Stems Producing Company in the World and is now embarking on an ambitious …
On November 1,2009 I had warned shareholders of the unlisted Sesa Industries to think twice before selling their shares on offers of Rs 600 per share Unlisted Sesa Industries has buyers off market at Rs 600…but should you sell ? NO!…It’s worth much more Now offers are at Rs 675…..Please think again Twice before selling …
SESA INDUSTRIES….Unlisted but worth Rs 1600+…..much more than Rs 675 being offered Read More »