A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Two Interesting News Bytes ~ SAT adjourns Reliance Insider Trading Appeal & Government announces to revive UMPP Tenders Bids SAT adjourns Reliance Industries Insider Case Appeal to October 11,2013 This Case is a hot potato with apparent heavy political overtones The Securities Appellate Tribunal adjourned the Reliance Insider Trading Case to October 11,2013 and also …
Union Budget 2013 ~ India is a BLESsed Economy Felt like a stand up comedian as had the house of 400 well informed investors in splits ! when I address and interacted with them on Budget Day Feb 28 evening itself at a Budget Review Event jointly hosted by AIVF,JITO and the BSE Brokers Forum …
Union Budget 2013 ~ India is a BLESSsed Economy… Enjoyed on the Budget Day Evening itself Feb 28,2013 addressing and interacting with a well informed audience of 400 on the Union Budget 2013 ~ on how the Government plans to make Money to tackle deficits and how we can ! ~ plan to host a …
Difficult to Ignore Reliance Industries (RIL) !~ It’s a Love and Hate Relationship Alright! Profitability is Flat at Rs 20000 crs and Networth is Rs 166000 crs (Equity of FV Rs 10 is Rs 3271 crs) for 2011-12 ~Thus an EPS of Rs 61 and Book Value of Rs 507 giving Relative Valuations of a …
In the Right Direction ~ SEBI announces that Insider Trading and Front Running and Fraudulent Practices will not be allowed in applications for Consent Orders…Well Done SEBI ~ Clean Up our Markets so that Promoters no longer Can! http://www.financialexpress.com/news/insider-trading-out-of-sebi-norms/953932/ Does this mean No Consent Order for Reliance Industries gigantic Rs 1000 crs + Insider Trading gains …
The Name ‘Reliance’ is a misnomer and misplaced here….and not for the first time either ! Reliance breaks Rs 700 on the downside yet again…Two days ago on May 8,2012 to it recorded it’s 52 Week Low of Rs 671 ……this should test conviction of even loyalists Closing at Rs 695,Reliance’s Market Cap is Rs …