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“In India, companies may fall sick, but promoters rarely do!”

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Spicejet Up & Indigo Down this morning !

Spicejet Up & Indigo Down this morning ! As expected both airlines have had a stellar record Q 3 FY 16 profit on the back of  favourable lower cost of Aviation Turbine Fuel that constitutes over 50% of Expenses However Indigo declared their Q 3  post market on Thursday,January 21,2016 revealing Rs 657 crs PAT …

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Epic Global Debt Defaults Inevitable

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 …

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Sensex sinks below 24000 & I love it !

Sensex sinks below 24000 & I love it ! Had sounded the alert way back in December 2014 that 2015 would be a volatile & vulnerable year & had reiterated this often in 2015….had opined that FPI Inflows will drop and even reverse after record Inflows in 2014 that gave the Sensex & Nifty the …

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Essar Oil Delisting is Over or is It !? ~ Glitch or Golmaal !?

Essar Oil Delisting is Over or is It !? ~ Glitch or Golmaal !?  Yesterday at 3.30 pm was the cut off time for all shares to be tendered in the Essar Oil reverse book building on BSE & NSE The First criteria for the delisting endeavour to be considered successfull is that  at least …

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Featured for second year in a row in Outlook Business for Stock Pick of 2016

  Hey ! Check My Pick for 2016 in  the Special Edition of Outlook Business for December 2015 that features Stock Pickers & their One Pick for 2016 ~ it’s on the stands now and  is free online on the above link Last Year in December 2014 I had been featured as One of the …

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Essar Oil Delisting ~ Love the Guy who has tendered at Rs 5630 !

😆 Love the Guy who’s tendered  on NSE for just 25 shares at Rs 5630 in the ongoing Essar Oil Delisting Endeavour ! Look at the NSE Confirmed Demat Shares Tender Position as at 3.30 pm this afternoon Who in their right mind would tender at Floor Price of Rs 146.05  or even below Rs …

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