GauravBlog Logo

A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

Gaurav's Blog

Categories

October 2013

Our SCRIP SCRAMBLE SS 2 SELECT has shot up 41 % in just 3 Days after Recommendation !

Our SCRIP SCRAMBLE SS 2 SELECT has shot up 41 % in just 3 Days after Recommendation ! and it has lots more Steam left !

Get in Now for a spectacular Rise in quick time ! ~ 28-Oct-2013

What are you guys waiting for ! Just join our Personal or Web Plans ..they are on www.jsalphaa.com and even linked below

Scrip Sanctuaries : Protection Plans from the Wildlife in this Jungle of Indian Equities

Connect right away with for further Information or Clarification or Guidance on an Appropriate Annual Advisory Plan for you with me

I’m always accessible at [email protected] or +91-9820162597

November 1,2013 Update

Great Dhanteras for Clients ~ The scrip has gained another 10% today and so the returns in just four days is 55% !…parties have been promised !….but more welcome would be Incentives through Advisory Plan Upgrades and ‘Thank You’ Fees ! 😉  

Consider Performance of Stock Selections to consider joining Scrip Sanctuaries Advisory Plans

Many have been enquiring on the Performance of  Stock Selections and have been considering to join us as Clients

Thus,for those who may have just academic interest or actionable Interest to join our Advisory Plans we have just posted the Performance on my company website www.jsalphaa.com

Have a look at :

Life Changing Multibaggers Record 

SCRIP TEASE ~ Our near 100% Record on advising you Stocks that will Strangle and thus to Avoid 

Inspiring Performance of Our 10 SS Selects Diwali Diyas 2013

Performance of Our Current Recommendations

Clearly Speculators,Traders and Investors have all benefited and are now looking to alpha-light their Portfolios from this Diwali to next and beyond with some more SS Select Series & Other Ideas in our Specific Modules SCRIP SELECT,SCRIP SCRAMBLE,SCRIP SPRINGBOARD and NETWORK NOISE

What are you Guys,Brokers and Corporates waiting for ! ? We,at Jeena Scriptech Alpha Advisors Pvt Ltd,  have Fundamental Annual  Personal and Web Advisory Plans to suit all Investment Needs and Objectives and Profiles and Portfolio Sizes

Joining our Personal Plans allows you to interact with my team and me for Portfolio Reviews,Rebalancing and Repositioning and Suggesting appropriate  Selection Exposure and Weightage and also for Advice on Tactical Short Term Strategies  for the Potential of Quick & Significant Gains 

Joining our Value  Web Plans gives you web access to our Paid Modules depending on which Plan you join but no interaction with us

Check out these Plans here =>Scrip Sanctuaries : Protection Plans from the Wildlife in this Jungle of Indian Equities

We even have a Win-Win Proposal for Brokers,Sub Brokers and even Other Advisors where they enroll their Clients on our Advisory Plans and get a commission for doing so and also see their Brokerage Income rise when these Clients act on our Ideas through them  

We Operate from our Corporate Office in South Mumbai at Elphinstone House, Fort, Horniman Circle….just above Starbucks and Croma

Interested ? or need more info,clarification and guidance on which Equity Advisory Annual Plan will suit you please connect with me at [email protected] or +91-9820162597

Just a word of caution….we do not guarantee even one percent of returns and if it’s  Day Trading, Heavy Regular Derivative Play or Short Term Ideas based on Technical Analysis Approach then our Service is not for you 

Our Approach is Fundamental and even Contrarion when strongly Indicated…some of our best Gainers have been when we have made contrarion calls ! and  Ah !  yes we do endeavour to provide a suitable Alpha Thrust Exposure in your Portfolios after considering your Risk Profile    read more

PM Aspirants NaMo and RG need to be married to understand the Aam Aadmi !

Just repeating a chuckle received over the weekend

PM Aspirants NaMo and RG need to be married to understand the woes of the Aam Aadmi !

Narendra Modi is 63 and was married in childhood to Jashodaben but separated soon after…..Rahul Gandhi is 43 and yet not married !…Mom’s influence may just have him consider an Italian like his father did !

The Father of Leasing in India Farouk Irani and his First Leasing are in Deep Trouble with Potential Criminal Implications

Sad to Note that Farouk Irani is in trouble and has resigned as the MD of First Leasing...even though I have met him just once in the late 1990s when we had a long three hour engrossing conversation on Leasing and on India Opening out …..he is known as the Father of Leasing in India and has authored a Book on Leasing called ‘Inside Leasing’…he was impressed with the depth of our talk and invited me to visit him in Chennai to brainstorm further and even explore a business or working relationship…I never did take him up on the Invite even though I was quite well conversant with the Accounting and Income Tax Issues that were plaguing the Leasing Companies as my Forte was Indian Equities

 

He founded First Leasing ,a part of the A C Muthiah Group in Chennai and was it’s MD since 1973

Most Leasing Companies proliferated in the 1980s to take advantage of the nascent Industry and the Accounting Treatment given to Financing Lease as Different to Operating Lease where Fixed Assets leased were allowed to be capitalised and depreciation claimed on them to lower Taxes even though the valid argument was that the Possession and Benefits of such Assets lie with the Lessee and not the Lessor and therefore should be capitalised in their books….Huge Tax Investigations followed and most Companies folded up

 

Mr Irani and First Leasing has been accused of diverting Hundreds of Crores to unrelated activities .His Resignation does not absolve him of accountability and responsibility to First Leasing…he denies any wrongdoing ! ….but then where are the Borrowed Monies truly applied ? 

 

The Company has no whistle blower policy and it were the Banks,led by State Bank of India, who had lend that asked for explanations from Mr Irani as to the specific application of the borrowed funds to which Mr Irani was unable to give a satisfactory answer

 

Ironically and Interestingly there has been no default in repayments to the Banks !…except for they appear to have been borrowing from one to repay the other !

 

Farouk Irani resigns as MD of First Leasing

RBI appoints special auditor for First Leasing; firm’s MD allowed to quit

First Leasing’s MD steps down | Business Standard First Leasing’s Farouk Irani admits Rs 1000-crore gap in balance sheet The Share Price of First Leasing reached a High of 116 in 2011 and even in December 2012 was Rs 77….It’s dropped to Rs 15 levels currently (FV Rs 10) giving a Market Cap of just Rs 34 crs on an Equity of Rs 22.8 crs First Leasing has been paying dividend every year from 1975 when it began with 18% and took it to a high of 35% in the mid 1990s only to drift it back downwards and for FY 13 it has proposed 18% …The Company has weathered storms in the 1980s when it had to bail out a Group Company of A C Muthiah’s Father with paying of Rs 170 crs to Depositors On Hindsight Mr Irani kept Equity Low and preferred the Debt Route for Funds rather than seek Private Equity to derisk the business….Profit levels remained at a stable Rs 30 + cr levels except in FY 2011 when it crossed Rs 70 crs as interestingly in this year First Leasing  earned an extraordinary profit of Rs 53.42 crs on sale of unquoted at the time 295000 shares of CARE which had cost it just Rs 25 lakhs ….The Unit cost was below Rs 10 while Sale was at Rs 1800 +per share .CARE came out with an IPO in December 2012 at Rs 750

Financials reveal that the Networth of First Leasing on March 31,2013 was  Rs 364 crs with Equity at Rs 22.8 crs and Reserves at Rs 341.2 crs….PAT was Rs 34.7 crs (Rs 31.6 crs) giving an EPS of Rs 15+ and a P/E of 1 ! and a Book of Rs 160 and a P/BV of  0.1 ! read more

Sensex and Nifty to record all time High today!?…whatever sentiment is bullish

Sensex and Nifty to record all time High today!?…whatever sentiment is bullish…..the network seems to be excited that today will be super and the Sensex and Nifty that closed yesterday at 20725 and 6164 will reach out to break to all time highs today…..Sentiment,Momentum remains Bullish backed by strong FII Inflows ….US $ 15.45 b in 2013 till date and US $ 1.8 b in October 2013 till date

We have received  Enquiries and good appreciation for our Presentation of  10 SS Selects Diwali Diyas 2013…These should alpha-light your Equity Portfolios from this Diwali to the Next

Your Investment in this will be Rs 15000…Interested in accessing this simply call us on  +91-22-42304138/50 or email at [email protected] will receive the Presentation by Email

Alternatively consider joining any of our Annual Personal Plans A (100000+) to D (25000)and you will have full access to our website and us through the year with more ideas + this Diwali Presentation

Cheers !

Research Analysts to be covered by an Operating Framework Guidelines by SEBI ~ Bloody High Time they were !

Research Analysts to be covered by an Operating Framework Guidelines by SEBI ~ Bloody High Time they Were !

Today we posted this comprehensive  and scathing View on our Scrip Standpoint Module on our website…do visit it

Sebi to frame Guidelines for Research Analysts and make them Accountable ~ Great Relief Long Overdue ! ~ 23-Oct-2013  

In my View,while some Research Analysts are Good most are either Incompetent or Operate with Personal or Employer Vested Interests largely in c0llusion with Companies and their Promoters and Operators and Brokers and FIIs and dangerously even with Media Anchors and Experts on Stock Channels and in Print Media and Stock Websites and Portals

…..and the Irony is that they have created this Storm and are crying now when it’s Raining !

The Result has been disastrous for the Markets with it’s Credibility and Sanctity destroyed time and again by these Insiders  and has contributed in big measure for Retail Investors continuing to remain a dwindling Species having been suckered again and a again and seen huge Wealth Erosion in their Equity Investments

Without such a Framework Research Analysts and their Employers and Operators and Companies and other Vested Interests that may be involved  will get away with Murder of Retail Investors who depend on them only to be mislead ! They need to become accountable

The Website Post linked above has provided a lot of Fodder where SEBI had good grounds to have acted earlier than it has in announcing that they may come up with an Operating Framework for Research Analysts  to make them accountable…some of such fodder I’ve mentioned below with links on the website posted above

Arshiya International at Rs 125 levels and CEBBCO at Rs 75 levels  end 2012 and beginning 2013 were Market Darlings  and Buy  Research Reports were spewed by plenty of Leading Brokers ….I had warned against Investing in Both….Both got decimated within days and Months after they were recommended and today they continue to languish at Rs 16 and Rs 10.76 respectively with huge wealth erosion for those who had believed in these Big Brokers and their Reports !

Has SEBI pulled up these BIG Brokers and their Research Analysts for these Recommendations !? or sought an explanation for their sudden erosion after the reco ! ? 

In 2010 I had warned on this Blog against Karuturi Global and Temptation Foods at Rs 22 levels and was accused of representing Rivals !….They began eroding fast and today Karuturi is wasted at Rs 1.32 and in fact Temptation  Foods was suspended on BSE on April 19,2012 for penal reasons when it’s last quoted then at  Rs 4.05! read more

Scroll to Top