A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 …
Facebook Share Price is US $ 26 one year from the IPO which was Priced at US $ 38 ~ seems to have stabilised in mid 20s but yet looks premium value rather than fair or bargain ~ 52 Week H/L is US $ 45/US $ 17.55 with current Market Cap over US $ 63 …
Facebook Share Price is US $ 26 one year from the IPO which was Priced at US $ 38 Read More »
WTF ! JUST DON’T DIAL ! That’s My First Take on the ‘Just Dial’ IPO ! How can SEBI,Exchanges,MOF,Company Law Board even allow this IPO of just under Rs 1000 crs ! ~ there are no real Objects to the Issue as it is fully an Offer For Sale by Existing and Part Exiting Promoters …
My First Take on Just Dial IPO ~ WTF ! JUST DONT DIAL ! Read More »
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 …
Finolex Industries on 20% upper circuit @ Rs 120 on excellent FY 13 numbers~but continues to drag Derivative Loss Disputes for last 5 years The Pune based Finolex Industries promoted by the Chhabrias and India’s largest manufacturer of PVC Pipes & Fittings has produced stellar results for FY 13.Last it performed like this was in …