A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Hi Anand,Rohit and Kishor…..I was’nt referring to Essar Oil in the earlier Blog….the Company that I have in mind is PETRONET LNG @ Rs 162…It’s IPO was in early 2004 at Rs 15 and got listed at Rs 16.50…at the time the then MD and CEO ,Mr Mathur and Director Finance,Mr Dasgupta has asserted strongly …
PETRONET LNG @ Rs 162…this is the Company I was referrring to, Anand,Rohit and Kishor Read More »
Inspiring Listing by MCX at Rs 1400 Levels~ 35% + Premium to IPO Pricing of Rs 1032…but will this level sustain ? Sensex too is up over 1.75% at levels close to 17500 My Risk Profile and Valuation Sense cautions me to remain a spectator as MCX plays out on the BSE and also refrain from advising …
ONGC 5% Stake Disinvestment ~ Government’s ‘On The Road’ Campaign with LIC the Sole Listener ! The Congress led UPA Government had announced a Disinvestment target of Rs 40000 crs in the FY 12 Union Budget…..It simply was a Non Starter Now with the Union Budget Address scheduled for March 16,2012,the government hurriedly ordered a …
MCX IPO in the Price Band of Rs 860 to Rs 1032…The Issue closes tomorrow and has already been oversubscribed today Interestingly,and I’m sure it’s just a coincidence and not deliberate that the MCX IPO is being handled by Morgan,Citi and Edelweiss…Got it !? ….MCX and MC(E)X ! So should you Apply ?…You will not …
MCX IPO Price Band ~ Rs 860 to Rs 1032 ~ Promoter FTIL’s Promoter Jignesh has a lot of Jigar…but should we make his MCX our Jaan !?….Grey Market Premium is hovering around Rs 300 Issue Opened today,Wednesday,February 22,2012 and closes on Friday,February 24,2012… The Town’s gone all over MCX IPO…they would have had a …
I was amused,annoyed and angered when I read two recent Press Articles on IPOs…both featured in the Financial Express The First stated how SEBI is planning to bring back Retail Investors to IPOs by reducing listing day from 15 to three ! Sebi to help bring small investors back to IPOs … So now small investors can die earlier !…..what …
Indian IPOs in 2010 and 2011 : Great Wealth Destroyers ! Read More »