A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I had warned Investors of Thinksoft Global IPO in September 2009 Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it However on Listing it kept defying gravity and on February 11,2010 it zoomed to a record high of Rs 544 with record Volumes But since then in just Ten Trading days and Eight continous …
End October 2008,when the Sensex had crashed below 8000 from a high of 21000 in January 2008,Cranes Software (FV Rs 2) was at Rs 90 and yet rated a ‘Buy’ by a leading Broking House with a target of Rs 106….Had you invested,you’d have gone ‘Broke’ and probably be with the ‘Angels’…get the whiff!? Cranes …
Cranes Software at 52 week low of Rs 28…was Rs 100 just over a year ago…Waste or Worth ? Read More »
The Trafiic Signals are clearly at work in these Three Sectors….It’s Green for Sugar,Red for Telecom and Orange for IT Sugar Stocks are at just 3 Million tonnes…that’s going to last a month and a half…India consumes 2 million tonnes a month….Last year we produced a record low ! of below 15 million tonnes and …
Thinksoft Global Services,a Chennai based financial software testing service is seducing you with a bookbuilding IPO in the band of Rs 120-Rs 130….Issue opens today and closes two days hence on Thursday,September 24,2009 Don’t ThinkHard on ThinkSoft !…ignore the Issue…this issue clearly is an exit route for an existing shareholder The IPO is for 36.46 lakh shares…of which just …
Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it Read More »
TCS closed at Rs 433 today…It should open firm on Monday This evening it has announced an excellent First Quarter FY 10,despite pressure on billing rates On Revenues of Rs 7207 crs,the PAT is Rs 1534 crs,up 15% qoq and 19% yoy.The EPS is Rs 7.83…This gives a Market Multiple of less than 14…Infosys is 18+…so …
Infosys declared It’s Q1 FY 10 Results this morning…….as per IFRS……..as per Indian GAAP I don’t see any headwind in Infosys…I will be surprised if it climbs more from the current Rs 1750 levels….Infact I expect it to drop below Rs 1500…..Read on to understand my thought track It has managed to show a little higher Basic EPS at …