A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I erred in recommending HOV Services just a few months ago. Check out my Blog of July 9,2008 on this Company when it was Rs 105.You can quickly access this earlier blog by choosing July 9,2008 on the Calender on the right or by typing HOV in the Search Facility. They had disclosed that they had received a Buyout …
Are the Promoters of HOV Services Hoodwinking Shareholders ? Read More »
Check out the takeover story of Cambridge Solutions in Business Standard of yesterday http://www.business-standard.com/india/storypage.php?autono=336391 Now check out the Trading Pattern on the BSE in Cambridge Solutions from Last week September 2008 till date Cambridge Solutions on the BSE Date Close (Rs) Volume No of Shares No of Trades Turnover (Rs) 22 September 2008 43.40 6290 70 …
Lehman paid for it’s Ego and Arrogance….It had to Close because it consistently failed to Disclose The Fall Guy has to be it’s CEO and Chairman,Richard Fuld….Poor Fellow…sold off 2.87 million Lehman shares on Wednedsay,September 17,2008 for just 20 cents/share realising US $ 639000…..just a year ago these were worth US $ 169 Million ! …
The Lehman Labyrinth was a Landmine that it’s CEO,Fuld stepped on and blasted Read More »
USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …
U S A…..United States of Abattoirs ! ….Strategy going forward Read More »
Abhishek Corp is promoted by the Mohites of Kolhapur…earlier the company was merely a Yarn Spinner…building up a capacity of 33000 spindles….Last year in Feb 2007 it came out with a IPO at Rs 100 (FV Rs 10)…the price has never been reached since then on listing…it dived to Rs 26 in July this year …
Abhishek Corporation at Rs 47/48…A Great Yarn play ! …pun intended Read More »
Just a strong reflection…..we’ve seen huge abnormal speculative play in going Long on Oil and shorting the Dollar at the beginning of the Year 2008….Oil flared from US $ 70/barrel to more than double crossing US $ 145/barrel without significant change in supply or demand……and the dollar hit record lows earlier in the year…The Rupee …
It’s got to be the Biggest Speculative Play in Oil and the Dollar ! Read More »