A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Ashish has raised a very serious query whether Monies are safe Investing in Sesa Goa for a year,given the controversies surrounding the Vedanta Group….Sesa Goa has reacted from a recent high of Rs 362 to Rs 315 and there is a real fear it may soon move below Rs 300 in the short term….significantly so So …
Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’! Read More »
Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108 …
Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »
Thanks Keshav for the query for Shree Precoated Steel (SPS) at Rs 27 My advise is to steer clear of SPS..don’t get seduced on the relisting at Rs 27 There is a misconception that SPS is receiving Rs 600 crs for the sale of the steel business to Essar Steel I went through the …
Was really touched this morning…. received a call on my mobile from a PSU Banker who introduced himself as being a participant on one of my BSE Training workshops three years ago …he was unaware of this blog and had called to inquire if he could attend any more of my Equity workshops as he had …
A PSU Banker and workshop participant of three years before calls this Diwali…touching Read More »
I’ve been backing Sesa Goa …but when it fell dramatically to Rs 60-70 in March this year,I cried hoarse to bring in more funds to add to holdings Then on June 17,2009,I reiterated to Stay with Sesa Goa https://www.gauravblog.com/?p=601 and add on declines …it was Rs 200 then Then on August 12,2009 I reassured bloggers that the …
This Sunday morning Biocon’s Kiran Mazumdar-Shaw’s opinion on CEO Salaries and Austerity Measures in DNA caught my eye…just a few days ago,Minister,Salman Khurshid had commented that Corporate CEOs should display austerity…Shaw comments that Government has no business dictating terms to Corporates on this matter as it is decided by shareholders..therefore the controversy and debate is uncalled …
Controversy revives on obscene CMD/CEO salaries….take Oswal Chemicals for example Read More »