A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Knowing how Ashish Dhawan, of Chrys Capital,cornered Suzlon shares (even became it’s Director !), with Ajay Relan of Citicorp as an ally and later sold off some part to Government of Singapore… all at a dirt cheap placement price and all done before the Suzlon IPO, I was not really surprised at what he just came and …
I have been receiving serious queries from friends, relatives, acquaintances, clients and associates on Satyam and Larsen…. In light of what has happened and is happening and will happen should we Buy, Sell or Hold Shares of these two Companies !? Really Ironic and Amusing that as Larsen averages a rising Satyam to save face and …
What a call !… Should you be Buying or Selling Larsen and Satyam !? Read More »
This is a gist of the Conference call that Larsen organised today to justify and clarify the 12% stake in Satyam L&T management clearly stated that L&T is no longer just an E&C company. It’s businesses span a range of activities in manufacturing as well as services, including heavy engineering, manufacturing, power, process engineering and …
Larsen’s CMD, Mr A M Naik tries to justify increasing stake to 12% in Satyam Read More »
Just two days ago,on January 22,2009,I blogged that Larsen, to save itself, is trying to save Satyam..I had opined that it would be foolish to spend an additional @ Rs 1000 crs to take a controlling stake unless some protection was provided from contingent liabilities of the class action law suits in USA which could materilaise …
Is Larsen courageous or foolish to hike Satyam Stake to 12%!? Read More »
On January 9,2009 I had blogged that Larsen has jumped the Gun in Investing in Satyam and has lost over 85% and over Rs 300 crs in just two days after Ramalinga Raju’s confession on January 7,2009 Check it out again.Click on https://www.gauravblog.com/?p=431 I had even suggested a possibility that Larsen had picked up the …
Larsen Desperate to Save Satyam !..to save itself ! Read More »
The Minutes of the Crucial December 16,2008 Meeting of the Board of Directors of Satyam to discuss and approve the Maytas acqusition proposal are now in public domain Phew ! I read the Twelve pages of the Minutes and can only say this ! NONE IN THE BOARD WAS ABOVE BOARD ! The way the Meeting Progressed …