A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Is IFCI worth a Billion Dollars !?…Significantly Down at Rs 25 is it a Buy or Bye Bye ! ? On the face of it IFCI looks inviting at Rs 25…The Networth is over a Billion Dollars at Rs 5100 crs + The Book Value is now over Rs 70…this was also the Share Price …
Is IFCI worth a Billion Dollars !?…Significantly Down at Rs 25 is it a Buy or Bye Bye !? Read More »
I was amused,annoyed and angered when I read two recent Press Articles on IPOs…both featured in the Financial Express The First stated how SEBI is planning to bring back Retail Investors to IPOs by reducing listing day from 15 to three ! Sebi to help bring small investors back to IPOs … So now small investors can die earlier !…..what …
Indian IPOs in 2010 and 2011 : Great Wealth Destroyers ! Read More »
Kingfisher Airlines…Fears come alive of Borrowing on the Brand….The struggling Airline is virtually grounded with Heavy Debt … some taken even against the Brand…..Pilots are leaving enmasse and flights are being cancelled daily…Share Price has sunk below Rs 20 http://www.hindustantimes.com/News-Feed/SectorsAviation/Kingfisher-seeks-Govt-bailout-40-more-flights-cancelled/Article1-767695.aspx Management and Mallya are putting up a Brave face…will have to quickly come up with atleast …
It is quite amusing really…we are experts on just about everything on this planet !…and blame just about everything for the mischievious way our Sensex behaves …..awhile ago we were all experts on the US Economic and Financial Crisis and what Obama should or should not be doing….then we turned inwards yet again and cursed …
R.I.P Steve Jobs of Apple He’s Cheated Death for a few Years…but there is no Cheat Code for Cheating Death Passed away day before after enduring Pancreatic Cancer and a Liver Transplant From I-pod to I-Phone to I-Pad and finally to I-Cloud now Reblogging his 2005 Address at Stanford as below _________________________________________________________________________________________________ Steve Job’s June 2005 …
R.I.P Steve Jobs of Apple…There is No Cheat Code for Cheating Death Read More »
India Proxy,State Bank of India gets Moody and drops over 5% today to Rs 1750 levels as ‘Moody’ downgrades it’s Banking Financial Strength Rating (BFSR) to D+ from C- As of June 30,2011 State Bank of India had a Tier 1 Captal of 7.6%…below the Govt stipulated 8% for PSU Banks…It’s Non Performing Assets (NPAs) climbed …