A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Trafiic Signals are clearly at work in these Three Sectors….It’s Green for Sugar,Red for Telecom and Orange for IT Sugar Stocks are at just 3 Million tonnes…that’s going to last a month and a half…India consumes 2 million tonnes a month….Last year we produced a record low ! of below 15 million tonnes and …
With the stock bubble and the real estate bubble in Japan leading to it’s currency,the Yen becoming the Carry Trade Currency for over a decade we’re now seeing a very huge possibilty of the Yen giving way to the the World’s (yet) Reserve Currency,the US Dollar, in becoming the preferred Currency for Carry Trade ! For …
US Dollar as a Carry Trade Currency !…Why Not !? Read More »
Now this is an intriguing switch to consider ! From Chanda to Shikha ? Just this morning I was conversing with an ex commercial editor of a Newspaper….we were discussing how the Media today is corrupt and deliberately mislead investors with guided opinions by experts and planted stories….in fact he was bold enough to even accuse a …
Switch from Chanda to Shikha ! ? from ICICI Bank to Axis Bank !? Read More »
Yes,I know the IPO of Pipavav Shipyard Ltd is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is …
Amusing or not so…you decide…….some Saturday morning shots…. Jet Airways Pilots Strike enters the fifth day…and I see a Business Standard ad (Page 16) of Jet2Kerala with a tag line ‘Your dream holiday can now touch down’…Problem is you yet cannot take off !…Jet Airways has teamed up with Kerala Tourism to help you land the best …
Some Saturday Morning Shots…..of Strikes and Statues…..Austerity Measures and IPOs Read More »
This is a Scan of the OIL IPO I like OIL…Rs 1050 (FV Rs 10) Upper band Price appears fair…but I would await Listing before consdering any meaningful exposure In it’s continuing disinvestment exercise now the Government wants us to explore OIL with it…but at an upper band IPO price of Rs 1050…OIL will raise Rs 2777 crs at this price …