A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
A leading Broking House has just wound up it’s Portfolio Management Schemes This Broking House is promoted by the promoters of a leading Indian Pharmaceutical Company who recently sold off their Stake in the Pharma co to an Asian Pharma Giant Client Portfolios had eroded sharply from the beginning of this Year.In One Portfolio an Investment of …
On September 23,2008,Warren Buffett’s (WB) Investment Behemoth,Berkshire Hathaway (BH) announced it would invest US $ 5 Billion in preferred stock of Goldman Sachs and would receive 10% annual dividend.It would also be alloted warrants that would give it an option to invest a further US $ 5 Billion in Common Stock at a strike Price …
Just yesterday I blogged on Citigroup facing a survival issue…and this morning news came that the US Government stepped in to bail it out for now….It will guarantee US $ 306 Billion in losses on high risk assets and will inject US $ 20 billion as fresh Equity from the Troubled Assets Rescue Program of …
Their Ad Tag line says it all ‘ citi never sleeps’…. Well ! Citigroup should !… so that others too can ! Citigroup is facing serious survival issues It’s share price has dipped below US $ 4, closing on Friday at US $ 3.77, from over US $ 30 just a year ago when Vikram Pandit, of Indian …
2008 has been a poor and humbling experience At end 2007 all had predicted a continuing upward Sensex and Nifty Trend,albeit with a slower growth rate and little downside to both the Indices…we thought we were Leading…but were actually being led ! It was inconceivable at the time to predict that the Financial and Buisness Pillars of USA will crumble in …
Whitewash in 2008…and 2009 ?…are we leading or are we being led !? Read More »
This Sunday, like every Sunday in recent times, was reflecting at what’s happening to the World and How would My Family and I be impacted….. and like all Sundays was convinced to go Back to the Basics and fundamentally re-boot our lives The Sunday Editions of Newspapers were packed with some incisive articles… Three worthy of special mention …