A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I’ve no bias… but feel sad for Anil Ambani…. I’m with him on this one….. Supreme Court gave a split verdict today in the RIL v/s RNRL Gas Pricing embroglio in favour of RIL So now 2.34 is out and 4.20 is in !… One perspective is that RIL and the Government have done a 4.20 …
Reliance surprised all yesterday with a post market bonus declaration of 1:1….It last gave a bonus in 1997…and before that in 1983 and 1980 Dhirubhai Ambani,the Founder was the dramatic architect for all these bonus issues…but he passed away in 2002……Investors were like Children in those days…and the father was Dhirubhai !….his bonus announcements were always …
Reliance Industries announces a Bonus of 1:1 !…Now ! Now ! Now ! Read More »
There were 48 TV Crews at the Supreme Court this morning…..The Cameras were positioned to broadcast live sound bytes from the lawyers of RIL and RNRL First we had a trifle agitated, Ram Jethmalani,who represented RNRL, emerging and a hectic rush to have Mikes thrust onto him for his comments This is what Jethmalani said,rather accused ” The Supreme Court …
Supreme Court : RIL v/s RNRL is Ram Jethmalani v/s Harish Salve Read More »
Two ‘Experts’, one Fundamental and the other Technical were on a Viewers Q & A show right now on UTVi…A viewers question came forth on RPL…”I have brought it at Rs 154,what should I do ?” Both these ‘Experts’ went into detail on the merits of holding RPL for a One Year Hold !…Insipid Stuff…Guys ! RPL …
Just heard some Insipid advise for RPL from ‘Experts’ on UTVi just now! Read More »
Just perused the Model Equity Portfolio for India that Reliance Equities International has launched.It’s been authored by their Head of Research Excited to know what’s in it ! ?…more so after I tell you that the Report is titled ‘Boom and Bust’ with the tagline ‘Resistance is Futile’ !? Turned out to be a Dampener really…no Originality at …
Returned late night from Bengaluru at 1 am in the morning as Flight was delayed after delivering a two day Equity Workshop at the weekend…the eight in a series for a Broking House…It was pouring as we drove to the New Airport,50 + kms away from the City…but we had a Mad Max Driver who drove as if …
Thanks Karnataka and Andhra Pradesh !….Bengaluru Equity Workshop Concludes Well Read More »