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

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Economic Times reports this morning of a Government Investigation into Sesa Goa

Phew ! just blogged on Sesa Goa last night,actually very early in the morning…..blogging again…Economic Times edition today has reported that the Government has asked the Serious Frauds Investigation Office, (SFIO) which is part of the Ministry of Corporate Affairs,to probe Sesa Goa…The MD,P K Mukherjee says he is unaware of any such order and …

Economic Times reports this morning of a Government Investigation into Sesa Goa Read More »

Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’!

Ashish has raised a very serious query whether Monies are safe Investing in Sesa Goa for a year,given the controversies surrounding the Vedanta Group….Sesa Goa has reacted from a recent high of Rs 362 to Rs 315 and there is a real fear it may soon move below Rs 300 in the short term….significantly so So …

Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’! Read More »

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why?

Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108 …

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »

Happy Diwali & Prosperous New Samvat 2066 Year to all….Two SS 4 Selects this Diwali…Larsen & Toubro at Rs 1700 and GOLD

Wishing all of you a Happy Diwali and a Prosperous New Samvat 2066 Year…..with Safety,Surety and Solidity…and using the terminology of our SS Recommendations may you get many spectacular and sparkling winners in your Equity Portfolio….However keeping in the spirit of a Safe Diwali  MY TWO SAFE,SURE AND SOLID DIWALI PICKS   BOTH ARE SS 4 SELECTS (SS …

Happy Diwali & Prosperous New Samvat 2066 Year to all….Two SS 4 Selects this Diwali…Larsen & Toubro at Rs 1700 and GOLD Read More »

Sesa Goa !….. Blog Readers who acted would have benefited immensely…468 % returns in seven months !…I bet you’ll waiting for which is my next ‘Sesa Goa’!

I’ve been backing Sesa Goa …but when it fell dramatically to Rs 60-70 in March this year,I cried hoarse to bring in more funds to add to holdings Then on June 17,2009,I reiterated to Stay with Sesa Goa https://www.gauravblog.com/?p=601 and add on declines …it was Rs 200 then Then on August 12,2009 I reassured bloggers that the …

Sesa Goa !….. Blog Readers who acted would have benefited immensely…468 % returns in seven months !…I bet you’ll waiting for which is my next ‘Sesa Goa’! Read More »

Controversy revives on obscene CMD/CEO salaries….take Oswal Chemicals for example

This Sunday morning Biocon’s Kiran Mazumdar-Shaw’s opinion on CEO Salaries and Austerity Measures in DNA caught my eye…just a few days ago,Minister,Salman Khurshid had commented that Corporate CEOs should display austerity…Shaw comments that Government has no business dictating terms to Corporates on this matter as it is decided by shareholders..therefore the controversy and debate is uncalled …

Controversy revives on obscene CMD/CEO salaries….take Oswal Chemicals for example Read More »

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