A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Yesterday there was a change of CEO guard at Jet Airways…The Austrian,Wolfgang Prock Schauer makes way for Nikos Kardassis after a tenure of six years…Schauer was quite emotional at the press meet yesterday…how he loved India and had steered Jet from loss to profit and from 40 planes to 110 planes and the IPO in …
The Trafiic Signals are clearly at work in these Three Sectors….It’s Green for Sugar,Red for Telecom and Orange for IT Sugar Stocks are at just 3 Million tonnes…that’s going to last a month and a half…India consumes 2 million tonnes a month….Last year we produced a record low ! of below 15 million tonnes and …
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 »
Thinksoft Global Services,a Chennai based financial software testing service is seducing you with a bookbuilding IPO in the band of Rs 120-Rs 130….Issue opens today and closes two days hence on Thursday,September 24,2009 Don’t ThinkHard on ThinkSoft !…ignore the Issue…this issue clearly is an exit route for an existing shareholder The IPO is for 36.46 lakh shares…of which just …
Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it Read More »
Yes,I know the IPO of Pipavav Shipyard Ltd is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is …
Amusing or not so…you decide…….some Saturday morning shots…. Jet Airways Pilots Strike enters the fifth day…and I see a Business Standard ad (Page 16) of Jet2Kerala with a tag line ‘Your dream holiday can now touch down’…Problem is you yet cannot take off !…Jet Airways has teamed up with Kerala Tourism to help you land the best …
Some Saturday Morning Shots…..of Strikes and Statues…..Austerity Measures and IPOs Read More »