A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
On September 27,2008,seven months ago the Sensex was 13000 and I had put up a contrarion blog https://www.gauravblog.com/?tag=contrarion-investment-strategy I had said the Sensex is moving towards a Distress Zone and will break below 10000 to provide a great opportunity to build wealth over the coming years…so one should bring in Fresh funds to top up …
Sensex and Nifty up 50% in Six Months !…Where to now ! Read More »
In thirteen trading days from an intraday low of 8047 on March 6,2009,the Sensex is once again kissing 10000….moving up near 25% Getting a lot of calls…basically to make some sense of this rally Is this the beginning of the recovery and have we seen the Bottom of 8000 for the Sensex and the October 27,2008 …
The Folly of allowing a Real Estate Company like Akruti trade in the F & O Segment despite a low floating stock of under 2% is now being realised….The Share Price has crossed Rs 2200 !….Nothing to do with Fundamentals though ! I have covered Akruti in earlier Blogs on August 27,2008 and November 8,2008 …
Ongoing Akruti Squeeze Fiasco reflects all that’s wrong in our Stock Markets ! 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 …
Ambanis of Reliance have adopted this modus operandi without fail the past 25 years…They create new companies for similar business…and when they commence production,they amalgamate them into the Parent, RIL…in a sense give birth to Children and bring them back into the Parent fold So I was not surprised at all when the Breaking News hit that …