A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
JBF Ind ~ From Rs 300 to Rs 169 ~ KKR Investment destroyed 44% inside two months In July 2015,it was decided that KKR Private Equity led by Sanjay Nayyar,ex Citi Head would infuse @ US $ 150 m in the JBF Group through a preferential allotment On Cue on July 31,2015 the 52 Week …
JBF Ind ~ From Rs 300 to Rs 169 ~ KKR Investment destroyed 44% inside two months Read More »
Got up this morning to see Freedom251 splashed across the cover of Times of India & it’s sister Mumbai Mirror It’s a 3G GSM Phone for Rs 251 for which the Registration & Booking begins today till Sunday February 21,2016 with deliveries in four months Times also run a news article on the controversial launch …
Freedom251 ! A 3G Phone for just Rs 251 ! ~ Charity or Con!? Read More »
Came across Schadenfreude ~ Pleasure derived from the misfortune of another ….came across the use of this word while reading the Huge Mess of Hydel Power Projects in Arunachal Pradesh & the likes of business houses like Jindal Power,IL & FS & Lanco approaching National Hydel Power Corporation (NHPC) to take over their projects….NHPC is not …
Schadenfreude ~ Pleasure derived from the misfortune of another ! Read More »
Max India ~ BSE & NSE mess up post de-merger quoting today ! From today,Wednesday,January 27,2016 Max India has started quoting ex Scheme of Arrangement that will involves three Companies as below Original Listed Company Max India renamed as Max Financial Services (MFS) Resulting Company,Taurus Ventures to be listed later and renamed Max India (Max) …
Max India ~ BSE & NSE mess up post de-merger quoting & adjusted bands today ! Read More »
Epic Global Debt Defaults are Inevitable Financial Apocalypse inevitable ! ? Here’s a well summed up scenario by William White, the Swiss-based chairman of the OECD’s review committee and former chief economist of the Bank for International Settlements (BIS). Extract ~The stimulus from quantitative easing and zero rates by the big central banks after the Lehman crisis leaked out across …
Dont get suckered by “Buy” Sawaca Business SMS floating around past few days.It claims a Target of Rs 120 in days from current Rs 72 based on this Company receiving an order of Rs 18000 crs ! yes 18000 crs!, from UAE ! and asking the receiver of the SMS to check a link given …
Do not get suckered by a SMS to buy Sawaca Business at Rs 72! Read More »