A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Time for Vulture Investment ?….Generally Not Yet…but maybe in a few scrips Equities are nearly dead…not dead yet….so all of us Vulture Investors can wait atop nearby trees or keep encircling above till we spot no sign of equity life….then dive in as scavengers picking up scrips when they fall to lifeless prices…Sesa Goa had …
Time for Vulture Investment ?…Generally Not Yet…but maybe in a few scrips Read More »
Hi Rakesh Jhunjhunwala (RJ)…just caught you on the CNBC Interview on “Wealth Creators”…you’ve now acheived a cult and icon status with your investments in midcaps coming good and how ! Titan,Matrix Labs,Nagarjuna Construction,Mcdowell Group,Crisil…..your gains from these are now legendary….Remarkably the billions have not been made in Core Scrips like BHEL,Reliance or Larsen…but in relatively smaller scrips …
USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …
U S A…..United States of Abattoirs ! ….Strategy going forward Read More »
Today Morning Nergis and myself were fortunate enough to be able to view Lalbaugcha Raja at Chowpatty (thanx to dear Niharika who alerted us at 5:00 am that His majesty had passed Prathna Samaj where she was at a friend’s). We’d like to share a few photos we took amidst the huge and escatic sea of crowds surrounding …
Abhishek Corp is promoted by the Mohites of Kolhapur…earlier the company was merely a Yarn Spinner…building up a capacity of 33000 spindles….Last year in Feb 2007 it came out with a IPO at Rs 100 (FV Rs 10)…the price has never been reached since then on listing…it dived to Rs 26 in July this year …
Abhishek Corporation at Rs 47/48…A Great Yarn play ! …pun intended Read More »
What a connect ! “Rock On” hit theatres in India in the last week of August and I saw it at Sterling Multiplex in Mumbai the second day,Saturday…the late night show Related instantly to Farhan Akhtar …sacrificing pursuit of personal passion for a highly successful Investment Banking Career in his twenties only to realise the folly…connected to …