A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit India (SGSI) is to amalgamate into Grindwell Norton (GN) The Ratio is One Share of GN of Face Value Rs 5(currently quoting @ Rs 259) for every 17 shares of Face Value Rs 10 of SGSI (currently on lower circuit of Rs 2o.25 ) Of course …
Geodesic @ Rs 9.97 ~ Incredulous this yet Incredible Faith in a Company that is completely undeserving ! Till late last year @ 30000 Shareholders,including 45 FIIs, were unaware they were sitting on the edge of the cliff ~ the cliff cracked and it’s been a horrific downward spiral from near Rs 60 to under …
Geodesic at Rs 9.97 ~ Wealth and Shareholders Nearly Exterminated !!! Read More »
Biyani is Out having sold out Future Capital Holdings to the Warburg Pincus Group at Rs 162 Cloverdell Investment Ltd, a private company limited by shares, incorporated under the laws of Mauritius (“Acquirer”) along with Warburg Pincus Private Equity XI, L.P., Warburg Pincus XI Partners, L.P., Warburg Pincus Private Equity XI-B, L.P., WP XI Partners, L.P., each …
Difficult to Ignore Reliance Industries (RIL) !~ It’s a Love and Hate Relationship Alright! Profitability is Flat at Rs 20000 crs and Networth is Rs 166000 crs (Equity of FV Rs 10 is Rs 3271 crs) for 2011-12 ~Thus an EPS of Rs 61 and Book Value of Rs 507 giving Relative Valuations of a …
Now you know why I’ve not been, of late, Valuing IPOs on this Blog …because of the high probability of them being withdrawn either because they are unworthy in the first place or simply overpriced or dangerously both ! IPO Woes continue…another one bites the dust…Plastene India withdraws issue as received poor response…Yesterday evening,Book Running …
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 …