Om Namah Shiva !…Happy Maha ShivRatri to All…’M’ certainly is the flavour of the Month !…Mahashivratri,Mamta Banerjee,MCX IPO,Mercator Lines and the Much Maligned Mallya of Kingfisher Airlines….

Om Namah Shiva !…. Happy Maha Shivratri to all of you… Bam Bam Bhole !… Jai Bholenath !

My Wife’s ‘Tandav’ … evidence above (her Arrangetram in 1981), and recent too… seriously!… has kept us Happily Married … and this is not an oxymoron !… we shall celebrate our silver next year in 2013

“Jai Jai Shiv Shankar, Kaata na lage Tunker !…..” Check out Rajesh Khanna & Mumtaz making this Song Immortal in ‘Aap Ki Kasam’ http://www.youtube.com/watch?v=xApijNIJBt8 while consuming the intoxicating ‘Bhaang’ as is traditionally done on this auspicious day Celebrating the marriage  of Lord Shiva and Goddess Parvati

Oh ! do you know what they call ‘Bhaang’ in English !… Shiva’s Regal !

And ‘M’ is certainly the flavour of the Month…

  • Mahashivratri today…. this blog has already wished all of you above
  • Mamta Banerjee… The West Bengal CM’s Mentality and Mindset is being seriously questioned when she thrashed the character of last week’s Kolkata Rape Victim saying the lady who frequented nightclubs, had concocted the story and today after arrests made of some of the perpetrators, says the Police had mislead her !… Ofcourse Mamta is Insensitive.. but was she trying a cover up because she was approached for it !?
  • MCX IPO in the Primary market opens on Wednesday,February 22,2012… It’s a Full Offer for Sale Issue by existing Shareholders in a Price Band of Rs 860 to Rs 1032 of a FV Rs 10 Equity Share… Valuation is not really Cheap… nearly 5x Book and 18x Earnings… Consolidated Networth is just over Rs 1000 crs and a succesfull IPO will give it a Billion Dollar Market Cap… pays Dividend, but has a negative Cash Flow and has serious loss in every major Exchange it has opened overseas… Dubai, Singapore, Bahrain, Africa… the last two have yet to begin operations… will be listed only on BSE…. I am going through the 534 pages RH Prospectus and will blog seperately on MCX IPO in a day or two after also gaining some insights from the inside
  • Mercator at Rs 31 in the Secondary Market for a FV Rs 1 Share… some serious buying observed… High Net Worth Investors have been calling in to confirm this… 52 Week High of Rs 46 and Low of Rs 16…. It was my huge multibagger when I initiated heavy buying in the early 2000s at Rs 45 when it was a FV Rs 10 share… Clients rode it all the way past Rs 2000 ! inside three years !… then Congress regained Power at the Centre and the BJP linked Mercator lost Power ! …. what’s all this heavy buying about now !…. the company has made net losses in the last four quarters…… checking it out… should blog on it shortly
  • Much Maligned Mallya of Kingfisher Airlines…. he’s literally been grounded… Airline is bleeding and therefore so are all stakeholders… bank accounts are frozen… flights are being cancelled all over India… and he’s at the rough end of some real nasty tweets… quite deserving,I daresay !
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    A Weekend sandwiched between two Bong Budgets

    No Disrespect,but we find ourselves sandwiched on this weekend between two Bong ‘JEE’ Budgets

    From Friday’s Narrow and Metre Track Railway Budget by Mamta Baner’JEE’ , we move to Monday’s Broad Gauge Union Budget by Pranab Mukher’JEE’….gauge reference is  in context of scale and content both.

    Yesterday, i.e. Friday,we had Trinamool Congress’ Mamta Banerjee,Railway Minister in this UPA Government, presenting her Railway Budget….Don’t see her as a Visionary…more aggressive and acerbic and whose acoustics and antics display asperity…all alliteration intended…I do concede she was pleasantly more mature in her delivery in the Lok Sabha yesterday…less of a Firebrand and a Firecracker that can erupt any moment…a reputation she has cultivated for herself. 

    All that I can say on her Railway Budget Pronouncements yesterday is that she too, like her predecessor,succumbed to playing State Politics…from one ‘B’ to another…from Bihar to Bengal…fine print reveals the the largesse to Bengal,her Home State

    All I can further opine is to quote Benjamin Franklin ” Well Done is better than Well Said “

    Now we await Monday and the Union Budget… exceptional Hope and Hype precedes this day as Pranab Mukherjee will enjoy a clear mandate this time and the reforms process should be put on a fast track…However,I don’t see him too as a Visionary…more a legendary Party and Family loyalist and lackey and therefore his Latitude being lassoed by this constraint…all alliteration again intended…..Well Respected veteran columnist ,Kuldip Nayyar highlighted this in his column last week when he commented on Pranab Mukherjee’s loyalty to Prime Minister,Indira Gandhi during the 1975 Emergency imposed in India…one of the darkest periods in our Democracy.

    So Pranab Mukherjee may announce some very forward looking pronouncements on the three ‘D’s…Disinvestment,Decontrol and Deficit Controls

    Yet,all of you can expect me to repeat Franklin’s Quote

    Oh Yes ! Sensex may zoom towards 16000 instantly in immediate reaction to such pronouncements…Sensitive Indices are designed to do this !

    Just don’t get too carried away by all the Generous and Flattering Comments that you will inevitably hear on the Media Channels from Anchors,Experts,Business Heads,Politicians from the UPA,Bankers,Economists etc…Many have already drafted some cliche ‘phrases and quotes’ read more