A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the …
What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »
The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the …
Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »
The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra …
winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »
Wockhardt continues to be Wicked…. dropped over Ten percent this Wednesday Morning to Rs 71 levels….Shareholders who believed in the Khorakiwalas have been clearly betrayed Khorakiwalas had been on an ambitious acquisition foray,creating a global footprint by buying out companies in USA and Europe…It bought out Pinewood Laboratories of Ireland for US $ 150 Million in …
Wicked ! Wicked ! Wockhardt on a Wednesday Morning ! Read More »
Check this out on http://www.slate.com/id/2213936/ Yet being Bailed Out AIG, has got US President Obama boiling ,yet helpless…..It has received Billions in Bailouts to keep afloat…and yet has just declared Employee Bonus of US $ 165 Million…says it is a contractual obligation ! And guess what !…they think they need to give it ,otherwise this will disgruntle employees …
America continues it’s Absurdity…AIG declares an Employee Bonus of US $ 165 Million ! Read More »
On Friday,after Markets closing,RPL and RIL announced that their Boards would meet this morning to consider and recommend the Amalgamation of RPL into RIL I had blogged that the ratio could be 20:1 and the Amalgamation would add incremental EPS to RIL and help RIL Share Price to be maintained or enhanced The Amalgamation Ratio …