A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Just look at the Irony of it all ! When the Fed rate was as low as 1% for nearly a whole Year some years ago it had created the scenario of Wanton Mortgage Lending and Wanton Mortgage Borrowing and had led to a Surge in House Prices When the House Asset Bubble Burst and the ugliness …
Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago Read More »
What Did I tell you about HOV Services in this morning’s blog and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »
The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs …
IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »
Is it Rational to Buy,Hold or Sell Now ? Or is it Irrational to Buy,Hold or Sell Now ? There,I’ve covered all scenarios in the above two anxieties Following the 508 pointor 5.11 % drop in the Dow yesterday to close at a Five Year Low of 9447 the Markets round the world in Asia and …
Would you believe it ! Just two days ago I blogged on how the Promoters of HOV seem to be hoodwinking shareholders And just yesterday the company informed the BSE of a Board Meeting to be held Today to discuss the Buy Out Proposal.Have a look at this announcement Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
As Share Prices move towards Distress and even Death levels don’t Buy into Companies just because the Share Price looks Cheap ! Alright ! So Futura Polymer at Rs 7/8 and NEPC at Rs 8/9…and Oh ! how does one leave out the Big Time Punting Scrip of HFCL below Rs 10 !…all look inviting at these prices..Were not …