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“In India, companies may fall sick, but promoters rarely do!”

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Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone?

A year ago,USA’s biggest bank ,Bank of America quoted at US $ 43.Yesterday is sank below US $ 4  and recovered to close at US $4.84…down 66 % in January alone this year Market Cap has sunk below US $ 31 Billion…Bloomberg puts it rather tongue in cheek…One share of Bank of America will not even buy you …

Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone? Read More »

Firstsource Solutions declares Q3 Results…Mounting FX Translation Loss evaporating Reserves

Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March …

Firstsource Solutions declares Q3 Results…Mounting FX Translation Loss evaporating Reserves Read More »

Need to be Educated on Educomp !…What’s Brewing !?

I had blogged on Educomp a few days ago and now twice today. What is Brewing ! ? Obviously something we don’t know but the worrying and critical and significant difference between the Lower Futures and the Higher Spot flags up On the NSE the Feb 26,2009 Futures with the Market Lot Size of 75 shares closed …

Need to be Educated on Educomp !…What’s Brewing !? Read More »

Sell Educomp at Rs 1725 in Spot if you hold shares and cover immediately at Rs 1375 in Futures…great opportunity to reduce holding cost ! Those worried should simply exit the stock !

Something Bad is indicated in Educomp…The Futures show it now under Rs 1400 while the Spot Market prices it at Rs 1725….Those who hold the share should quickly sellin Spot and buy back in the Futures to reduce their holding cost by over Rs 300 Ofcourse,those who hold the shares and are really worried should sell …

Sell Educomp at Rs 1725 in Spot if you hold shares and cover immediately at Rs 1375 in Futures…great opportunity to reduce holding cost ! Those worried should simply exit the stock ! Read More »

Not surprised to hear shocking views of JR Varma on ‘Open Offer’ in context of Buy-out in this continuing Satyam Saga

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 …

Not surprised to hear shocking views of JR Varma on ‘Open Offer’ in context of Buy-out in this continuing Satyam Saga Read More »

B.A.G. Films and Media Ltd back to under Rs 13 from just under Rs 105…It had never deserved to shoot up like this!

Just saw the mandatory detailed Q 3 Results of B.A.G Films and Media Ltd given by the Company in the Sunday Edition of Business Standard It has earned just Rs 16 lakhs in Q 3 in the three months to December 31,2008 but has capital deployed of Rs 185 crs….with Rs 29 crs in Audio Visual Production and Rs …

B.A.G. Films and Media Ltd back to under Rs 13 from just under Rs 105…It had never deserved to shoot up like this! Read More »

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