A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
On January 22,2009 I had blogged on Educomp Solutions after it had plummetted from Rs 2100 levels to below Rs 1400 on a FV Rs 10 share on ‘Daily Pioneer’ expose Educomp’s Share Price Slumps as Bears orchestrate a Mauling From October 27,2009,the Share Quotes are on a FV of Rs 2 after a split …
George Soros’ Quantum Fund has purchased a 4% Equity Stake in BSE from shareholder Dubai Financial for US $ 35 Million…this works out to @ Rs 380/share In December 2009 I had updated the Value of the BSE Share which I had initiated in August 2008 Updated Valuation of BSE Ltd (December 8,2009) and SHARES OF BSE …
I’ve been asked to Value newly listed Emami Infrastructure Ltd (EIL) after it’s Price Acrobatics displayed on the first day of Listing,on Wednesday last week! I needed a ‘Saridon’ at the end of the Interesting and quite revealing Valuation exercise !…there should be a law against the number of companies that a Real Estate Player opens …
Expected this… a fabulous Q1 FY 11 for Sesa Goa… It’s best first quarter in history.. a consolidated net Profit of Rs 1302 crs giving an EPS of over Rs 15 on an Equity of Rs 85.97 crs (FV Rs1)… this was achieved due to higher Iron Ore Prices in the Quarter and good offtake …
I’m Looking Beyond the Financials here…..at the Standard Chartered Bank (SCB) INDIAN DEPOSITORY RECEIPTS (IDRs) Issue….am not inclined to recommend Investment,although the Pricing looks reasonable and it will not form part of the Overseas Investment Annual Limit of US $ 200k per Indian Citizen….probably a contrarion here as all seem to be recommending the IDR….I’m a bit …
SENSEX CLOSE IN 2009 : 17465..SENSEX LEVEL NOW AT 11.09 am,MAY 17,2010 : 16628 Down 367 points from Friday Close….but down 5% from 2009 Close FII EQUITY FLOWS AND SENSEX MOVEMENTS …A CLEAR DICHOTOMY IN 2010 Year Net Investment US($) million Sensex % Movement in the Year 2005 10707 42 2006 8106 47 2007 17655 47 2008 …