A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I’VE BLOGGED THIS IN RED BOLD CAPITALS FOR A VERY OBVIOUS REASON…RED ALERT ! SIMPLY BEWARE OF UNSOLICITED STOCK ADVICE FROM UNKNOWN SOURCES THROUGH SMS AND EMAIL IN BULLISH TIMES SUCH ADVICE SIMPLY POURS OUT LIKE WORMS OUT OF WOODWORK JUST YESTERDAY I RECEIVED SMSes TO BUY INWINEX PHARMA AT 14.68 WITH A TARGET OF 23 …
The pink newspapers this morning headlined that the Galleon Hedge Fund Founder and two Indian Americans among others were arrested for Insider Trading in USA…..Galleon has Investments in Edelweiss and Shriram too in India Insider Trading is a pet issue with me and I discuss it vigorously at my training sessions when we are discussing Ethics …
It can’t be just a coincidence that this is my Blog Post No 420 ! Austral Coke came out with it’s controversial IPO in August 2008 in the price band Rs 164-Rs 196 for a FV Rs 10 share…The price was fixed at Rs 196 and it got listed on BSE on September 4,2008 rising …
The Folly of allowing a Real Estate Company like Akruti trade in the F & O Segment despite a low floating stock of under 2% is now being realised….The Share Price has crossed Rs 2200 !….Nothing to do with Fundamentals though ! I have covered Akruti in earlier Blogs on August 27,2008 and November 8,2008 …
Ongoing Akruti Squeeze Fiasco reflects all that’s wrong in our Stock Markets ! Read More »
Ambanis of Reliance have adopted this modus operandi without fail the past 25 years…They create new companies for similar business…and when they commence production,they amalgamate them into the Parent, RIL…in a sense give birth to Children and bring them back into the Parent fold So I was not surprised at all when the Breaking News hit that …
I for one,was not surprised to hear the shocking views on revising the ‘ Open Offer’ Pricing guidelines of JR Varma…He is an ex-SEBI Member and had also headed their Corporate Governance Committee…..He is clearly building up the ground for the Government to direct SEBI to do exactly just this to facilitate Larsen Mr Varma,was quite …