A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Nearly Five Years ago on July 21,2008 I had covered Nirma refusing to honour their committment of an Open Offer to Shree Rama Multi-tech Shareholders and that the matter was before the Supreme Court Nirma disallowed to withdraw offer for Shree Rama Multi-tech Monday, July 21st, 2008 I have posted this Update on the above …
Upfront Disclaimer : Neither My Family nor I have ever owned Khoday India Shares and don’t know of any who have or do, except perhaps RR ,a blog reader and pretty well informed and savvy investor too, who conveyed in a private email his dismay and disgust on what Khoday is upto ~ he may …
Emkay Global @ Rs 17 in trouble as NSE rejects application to annul trades of October 5 2012 On October 5,2012 Emkay Global suffered a Loss of Rs 51 crs on squaring up trades that were executed from a Templeton order punched in by a dealer erroneously in more quantum than it should have been …
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 …
Had indicated on April 4,2013 and later in an addendum on April 8,2013 that RCom had little downside and would move up ~ It was Rs 65 on April 8,2013 and touched Rs 100 + inside a fortnight today ! Ambani Brothers seal a Rs 1200 cr deal between two of their Reliance companies~ elder …
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 »