A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This evening ,it was interesting to view live on Stock Channels,Anand Mahindra,Vineet Nayyar (MD of Tech Mahindra) and Bharat Doshi (CFO of the M& M Group) and make sense of their sense on being the highest bidder at Rs 58 for Satyam Anand Mahindra reiterated that their’s was yet only the Highest Bid and not the …
What do Anand Mahindra and his stalwarts say about the Satyam Bid ? Read More »
The 2 pm media meet by the Board of Directors of Satyam threw up some interesting facts about the Satyam Bidding Process Larsen & Toubro bid was Rs 45.90/share for Satyam Wilbur Ross’s bid was even lower at Rs 20/share ! The winner,Tech Mahindra, bid Rs 58 through it’s 100% subsidiary….the bid spread clearly indicates the …
Look at the Satyam bids !…helps you gauge the risk Tech Mahindra may have taken ! Read More »
The Satyam Drama continues The winning bid for takeover of Satyam is just announced…Tech Mahindra has emerged as the winning bidder with a bid of Rs 58 share through it’s subsidiary Venturbay Consultants…No other bid comes close to 90% of this bid…Thus other competitive bidders like Larsen & Toubro have bid below Rs 52.20 Tech Mahindra …
winning bid for Satyam is Rs 58/share…Many Questions yet stand Read More »
In thirteen trading days from an intraday low of 8047 on March 6,2009,the Sensex is once again kissing 10000….moving up near 25% Getting a lot of calls…basically to make some sense of this rally Is this the beginning of the recovery and have we seen the Bottom of 8000 for the Sensex and the October 27,2008 …
There’s this Yellow Coloured Broking House,that’s been screaming Yellow ! for some time Now…Last Week they used Slumdog Millionaire Analogy and Two days ago they have slammed Valuation Metrics of P/E and P/BV to value our Stock Markets !…This House continues to court controversies and it’s head SS continues to confront SEBI !…. Atleast I …
It’s not that Reliance Capital Mutual Fund always does exactly the opposite of what Indiabulls recommends ! United Breweries (UB) was recommended to sell at Rs 90 by Indiabulls with a target price of Rs 70,citing high Leverage and margin pressures Reliance Capital Mutual Fund and another Fund,Indea Absolute Return Fund ,actually went ahead and purchased …