A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
A very well written article on the Essar Oil Delisting Proposal in the latest edition of August 8,2014 of Outlook Business has covered my frowning on it …they use the word ‘fumes’ though….maybe I did sound aggressive when the young author of this coverage Twesh Mishra had connected with me after reading my recent blog …
Covered by Outlook Business for frowning on Essar Oil Delisting Read More »
LIC will never go Public & Essar Oil wants to go Private ! ~ What is the Connection !? Corporate Governance….rather the lack of it ! In January 2010 LIC picked up a huge Equity Stake in Essar Oil from Matterhorn in a NSE Deal LIC picked up 2.21 cr shares or 1.83% Equity Stake …
LIC will never go Public & Essar Oil wants to go Private ! ~ What is the Connection !? Read More »
Among the Bulk Deals that took place last week,two interesting purchases caught my eye…..even though I’m not a great Fan of the Ruias (Essar Oil) or the Kasliwals (S Kumars)…both gravely let down shareholders and other Stakeholders in the 1990s and even into the 21st Century…there were several Corporate Governance Issues too 20 Million Shares of ESSAR OIL (currently …
The beleagured Essar Group Company,India Securities Limited (ISL) is poised to revive The Ruias are bringing in equity at Rs 70/share to bail ISL out.ISL has an accumulated loss of Rs 28 crs There will be a demerger in ISL where the Investment Division will be spun off to another Listed Company Essar Securities limited (ESL).ISL …
Watch out for India Securities at Rs 25…Essar Group reviving their Sick NBFC Read More »
Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would …
Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Read More »
The last Seven Workshops have seen a Full House & great interaction Here’s another lovely Opportunity Register for the Workshop here Saturday, June 22, 2019 Fundamental Equity Workshop in Mumbai Stock Selection ~ Value Vs Price Indian Equity ~ Sensex at 40,000 ~ Treasures & Traps Limited Seats – Single Registration at Rs 12,000 ~ …
Mumbai Equity Workshop Sat June 22 2019 ~ Sensex at 40000 ~ Treasures & Traps Read More »