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

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Listed Companies….The Good, the Bad, the Ugly… all in the same Boat now !.. now that’s an Opportunity

In these capitulated markets All listed Companies….. the Good, the Bad and the Ugly are being painted with the same paint brush now… now that’s a great Opportunity to hoard up on some great scrips at distress prices Just be careful… Bad and Ugly Companies have an excuse now to be quoted so low… don’t buy …

Listed Companies….The Good, the Bad, the Ugly… all in the same Boat now !.. now that’s an Opportunity Read More »

Lok Housing now faces Rs 100 crs Income Tax Liability on undisclosed Income

Lok Housing is on lower circuit at Rs 24.35 today on the BSE on news that it is facing an Income Tax Liability of Rs 100 crs on Income that was not disclosed On July 7,2008,I had blogged on Lok Housing crashing from Rs 400 to Rs 44 inside six months querying as below  “What’s …

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Investment Guru Mark Mobius calls for an end to Short Selling…I disagree

Investment Guru,Mark Mobius, calls for an end to Short Selling…”Short Selling is Not Investing.We have to seperate Investing from Gambling……We’ve got to get back to the fundamental concept of the stock market-the supply of Capital,the raising money for Growth” says he.  Mr Mobius,with due respect to your justified sentiments in these troubled times,I disagree. Although I …

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CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ?

I’ve been inundated with calls on Core Projects…because on October 8,2008 it was Rs 250 and today it is Rs 63…Why this Sudden Collapse ? Will it revive ? Top Broking Houses had recommended this scrip very strongly in 2007 and earlier in 2008…In fact the Aditya Birla Group, through it’s Private Equity Business,had also invested …

CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ? Read More »

Don’t Invest in Equity…Drink Some Beer Instead !

If you purchased $1,000 of Delta Airlines stock 1 year ago, you would have $49 today.    If you purchased $1,000 of AIG stock 1 year ago, you would  have $33 today.    If you purchased $1,000 of Lehman Brothers stock 1 year  ago, you would have $0.0 today.    But, if you purchased $1,000 …

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Poddar Developers Ltd…Self Development gone awry ?

Earlier called Wearology, and before that Monotona Exports,Poddar Developers has been a huge rollercoaster ride in the Movements of it’s Share Price on BSE in 2007 and 2008…In 2007 itself, from a low of Rs 23  it literally was pulled aggressively to an all time high of Rs 320 ….SEBI even issued a Show cause …

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