A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Disclaimer : Neither me nor my Family own Shyam Telecom as of yet and till date it has not been recommended to Clients,though some may have invested or be trading in it to take advantage of this smart movement in it’s share price in recent months Shyam Telecom continues to Fly into a different Orbit …
Two Interesting News Bytes ~ SAT adjourns Reliance Insider Trading Appeal & Government announces to revive UMPP Tenders Bids SAT adjourns Reliance Industries Insider Case Appeal to October 11,2013 This Case is a hot potato with apparent heavy political overtones The Securities Appellate Tribunal adjourned the Reliance Insider Trading Case to October 11,2013 and also …
Financial Technologies (FTIL) @ Rs 144 (FV Rs 2)~ A Story of Guts and Glory now Guttered ! ?….though Jignesh Shah ,the Founder Chairman and MD of the FTIL Group (MCX,NSEL and others)states this in his message in the FY 13 Annual Report “….these are tough times the Company is facing and Financial Technologies is …
Financial Technologies @ Rs 144 ~ A Story of Guts and Glory now Guttered ! Read More »
You’ve heard of Naked Speculation ! but have you heard of Naked Companies that have been rendered so because they were stripped off their Assets by their Own Promoters !!!? Have always known how Indian Corporates ,even some of the well known names, indulge in siphoning off funds and stripping and stealing assets of the …
This one is for blogreader Riyaz ~Bhoruka Aluminium closed at Rs 1.26 for a FV Rs 10 today,Friday,June 7,2013 Bhoruka Aluminium ,promoted by Aggarwals of TCI Industries and TCI Finance ,was severely stressed the past few years and was forced to exit and sell off it’s core Aluminium Extrusion Business to the Global Giant YKK …
Bhoruka Aluminium at Rs 1.26 ~ Sold of Core Business to YKK ~ where to from here !? Read More »
This one is for Blogreader Salafi from Chennai ~ Goldstone Infratech @ Rs 10 ~ Open Offer at Rs 23 or at Rs 43 ? Supreme Court will decide ~ but it seems a Win-Win either way. Background of the Open Offer On November 4,2008 Saffron Capital Advisors of Mumbai ,as Manager to the Offer …