A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Yo! L & T Finance Holdings zooms 12.7 % to close at Rs 72.40 today ~ It holds 4.68% of City Union Bank (CUB) which is cum rights Rs 59.75 The market air swirling around to justify this surge is that very soon L & T Finance will get the RBI and government go ahead …
The Idea of this Blogpost is not to rub salt on the wounds but to again expose the twins Greed and Fear that characterize our markets …either the two BRLMs grossly overestimated their own ability or they grossly underestimated the intelligence of Investors or both ! IPO of Samvardhana Motherson Finance Issue closed today grossly …
Anil Ambani tries to lift Shareholder Spirits…and maybe Share Price too ?! at the Reliance Cap AGM Today Bonus and Banking & Insurance Business Stake Sale…that’s what Anil Ambani stated today at the AGM to enthuse all who yet beleive he can surge back to Glory He’s not really treading any new Path here….Two years …
Your Equity Approach & Strategy will or should depend on whether you want to make money or don’t want to lose any ! So if you are a guy who sweats at falls you ought to be taking less risk and looking at the ‘N’o or Low risk ‘N’s…NHPC @ Rs 25 and NTPC @ Rs 175 But …
Recent Past Pedigree Problem So does FUTURE VENTURES really have a PROMISING FUTURE or is it just FUTURE PROMISES ? Biyani’s ‘Future Ventures’…First you seduce Investors with a Future Capital Holdings IPO at an obscene premium…and now you seduce them at the other extreme with the Future Ventures IPO at near Par ! In January 2008,just before …
I’ve been asked to Value newly listed Emami Infrastructure Ltd (EIL) after it’s Price Acrobatics displayed on the first day of Listing,on Wednesday last week! I needed a ‘Saridon’ at the end of the Interesting and quite revealing Valuation exercise !…there should be a law against the number of companies that a Real Estate Player opens …