A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I for one,was not surprised to hear the shocking views on revising the ‘ Open Offer’ Pricing guidelines of JR Varma…He is an ex-SEBI Member and had also headed their Corporate Governance Committee…..He is clearly building up the ground for the Government to direct SEBI to do exactly just this to facilitate Larsen Mr Varma,was quite …
Thx Anup for your response in the earlier Larsen Blog where you also requested for my view on Firstsource Solutions as it’s share price sunk to Rs 9.75,below face Value of Rs 10 for the first time ever I hope this blog gives you some clarity on this Company It was clearly an Opportunistic IPO at …
Firstsource Solutions from the ICICI Stable sinks below Face Value Rs 10….Why !? Read More »
Knowing how Ashish Dhawan, of Chrys Capital,cornered Suzlon shares (even became it’s Director !), with Ajay Relan of Citicorp as an ally and later sold off some part to Government of Singapore… all at a dirt cheap placement price and all done before the Suzlon IPO, I was not really surprised at what he just came and …
I have been receiving serious queries from friends, relatives, acquaintances, clients and associates on Satyam and Larsen…. In light of what has happened and is happening and will happen should we Buy, Sell or Hold Shares of these two Companies !? Really Ironic and Amusing that as Larsen averages a rising Satyam to save face and …
What a call !… Should you be Buying or Selling Larsen and Satyam !? Read More »
This is a gist of the Conference call that Larsen organised today to justify and clarify the 12% stake in Satyam L&T management clearly stated that L&T is no longer just an E&C company. It’s businesses span a range of activities in manufacturing as well as services, including heavy engineering, manufacturing, power, process engineering and …
Larsen’s CMD, Mr A M Naik tries to justify increasing stake to 12% in Satyam Read More »
Just two days ago,on January 22,2009,I blogged that Larsen, to save itself, is trying to save Satyam..I had opined that it would be foolish to spend an additional @ Rs 1000 crs to take a controlling stake unless some protection was provided from contingent liabilities of the class action law suits in USA which could materilaise …
Is Larsen courageous or foolish to hike Satyam Stake to 12%!? Read More »