A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs …
IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »
Is it Rational to Buy,Hold or Sell Now ? Or is it Irrational to Buy,Hold or Sell Now ? There,I’ve covered all scenarios in the above two anxieties Following the 508 pointor 5.11 % drop in the Dow yesterday to close at a Five Year Low of 9447 the Markets round the world in Asia and …
Would you believe it ! Just two days ago I blogged on how the Promoters of HOV seem to be hoodwinking shareholders And just yesterday the company informed the BSE of a Board Meeting to be held Today to discuss the Buy Out Proposal.Have a look at this announcement Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
As Share Prices move towards Distress and even Death levels don’t Buy into Companies just because the Share Price looks Cheap ! Alright ! So Futura Polymer at Rs 7/8 and NEPC at Rs 8/9…and Oh ! how does one leave out the Big Time Punting Scrip of HFCL below Rs 10 !…all look inviting at these prices..Were not …
I erred in recommending HOV Services just a few months ago. Check out my Blog of July 9,2008 on this Company when it was Rs 105.You can quickly access this earlier blog by choosing July 9,2008 on the Calender on the right or by typing HOV in the Search Facility. They had disclosed that they had received a Buyout …
Are the Promoters of HOV Services Hoodwinking Shareholders ? Read More »
Check out the takeover story of Cambridge Solutions in Business Standard of yesterday http://www.business-standard.com/india/storypage.php?autono=336391 Now check out the Trading Pattern on the BSE in Cambridge Solutions from Last week September 2008 till date Cambridge Solutions on the BSE Date Close (Rs) Volume No of Shares No of Trades Turnover (Rs) 22 September 2008 43.40 6290 70 …