A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
You’ve heard of Naked Speculation ! but have you heard of Naked Companies that have been rendered so because they were stripped off their Assets by their Own Promoters !!!? Have always known how Indian Corporates ,even some of the well known names, indulge in siphoning off funds and stripping and stealing assets of the …
Adieu 2010…Welcome 2011 They Say Our Life’s Expectancy is measured by the Number of Breathes we take…there’s a finite number pre ordained for each one of us….so here’s wishing that you take fewer Breathes in 2011,so that you live longer ! So Breathe Deeply and make your New Year Resolutions….and Breathe Deeper when you break them ! …
Adieu 2010…Welcome 2011….Hope we get to welcome a ‘Magic’ Stock yet again ! Read More »
Expected this… a fabulous Q1 FY 11 for Sesa Goa… It’s best first quarter in history.. a consolidated net Profit of Rs 1302 crs giving an EPS of over Rs 15 on an Equity of Rs 85.97 crs (FV Rs1)… this was achieved due to higher Iron Ore Prices in the Quarter and good offtake …
Dear Madhu,Hope this updated view on Sesa Goa answers your query you just posed on another blog….I’ve put it up as a seperate blog as it will serve a wider audience In 2009,Sesa Goa had scaringly dropped to Rs 60 from levels of near Rs 175…and then burst away to record an all time high …
Just last evening there was a News release that China’s Iron Ore Trading Association has banned it’s Members from Importing Iron Ore with a Fe Content of below 60% Will this affect Sesa Goa?….Markets think so and have dropped the Share Price from Rs 490+ levels to below Rs 470 levels as I blog If …
After kissing 18000 yesterday after a two year gap,the Sensex dropped 256 points today to close at 17714…it was in the red right from day’s start at 9 am till close at 3.30 pm But Sesa Goa surged to a record high of Rs 494+ and closed a few notches lower at Rs 490….I’ve been …