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A Lion’s eye on the Bulls and Bears

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

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April 30, 2009

Caught the Promoters of Ras Extrusion and Ras KMK Lamipack excitedly cheering the Mumbai Indians in their IPL Match last Night…revived some sour memories

It’s Voting Day here in Mumbai today for the General Elections…so yesterday was a Dry Night and we were with Friends at the Club Pub !…. on a Dry Night !?…Believe me it was really nice to enjoy the Privacy of the near empty Pub and chill out on Ice Tea and a close IPL Cricket Match that involved the Mumbai Indians

What a Choker ! Tendulkar’s Mumbai Indians lost by just 3 runs to Yuvraj’s Kings XI,Punjab…They had to score 120 to win and they just gasped and choked at the end

Mumbai India’s owner,Neeta Ambani was in a serious and pensive mood…in sharp and stark contrast to the hyper and excited Preity Zinta…So Near and Yet so far ! Mrs Ambani !?….Your auction choice of Duminy to prop up the batting was an excellent decision…He scored 50 and nearly won you the match…7 needed and he hoisted,what we thought would go on for a six,only to be caught right on the fence at mid wicket !…If it would have been a six it would have tied the game with two balls to go !

And Yes ! Hi ! Kajis…caught your intensity and excitement in the Ambani Camp at the Stadium……..I yet hold your Ras Extrusion Shares….Is your Company still quoted !? Rs 1 or Rs 2 perhaps !…Wish you Guys had showed the same intensity and excitement in running your companies !…Thankfully I sold out years ago from your flagship,Ras KMK Lamipack…Remember Samir Kaji! how you alloted lock in shares to my clients and to me Pre IPO,despite contrary promises made to a friend….And you stuck me with a five year lock in! ,while thankfully clients had just a three year lock in !…..I believed you would make amends by running your companies successfully….But your companies ran aground !……It was a Hope that was belied…I had to honestly apologise to my clients for this locked in placement…Had forgotten all about you…but last night revived some sour memories.   

I Voted !…What a Relief to realise I’m not a Greek Idiot !

It’s Mumbai’s turn today to Vote in the General Elections…I Voted !…. What a relief to realise I’m not a Greek Idiot !

Voting began at 7 am…My In-Laws were the first to register their Vote in the designated Polling Station near Home in South Mumbai…a School…My Wife and I voted mid morning….and yes ,Mr Debashish Chakrabarty,Chief Electoral Officer, we dutifully did not take our mobile phones as they were strictly not to be allowed in polling booths !……It was a mockery of a rule !…there was hardly anyone without one !

There were 20 candidates…three of National Parties,eight from registered political parties but not at National or State Level and Nine were Independents…many names I had not even heard of…many are surely in the fray only as vote splitters and many will lose their deposits…The pre poll alliances of NCP/Congress and BJP/Shiv Sena meant seat sharing….so we had the sitting Congress MP,all of a young 33 ,Milind Deora, standing yet again and no NCP Candidate while we had Mohan Rawle of the Shiv Sena standing and no BJP Candidate…60 year Old Rawle has served Five Lok Sabha Terms and he’s just Class 10 educated !…Milind Deora is a University Graduate,son of our Petroleum Minister,Mr Murli Deora and has served just one Term

In the last Elections in 2004 there was a 44.2% Voter turnout in our South Mumbai Constituency…This time we have 1.59 million voters in our Constituency….The Indian Voting Base is 714 Million of our Population of near 1200 Million

So who did I Vote for ! ?…The Choice was between the Devil and the Deep Sea actually…I neither liked most of  the Candidates nor their Parties…I liked an Independent or Two,but am of the strong opinion that India needs to be ruled by a Conscientious National Party and local and small regionalised parties and Independent MPs would only ask for their cake in coalition politics..they would have little other voice to make any significant difference at the Centre !…I yet had to Vote !…so I chose the One I did not like the least ! …atleast,my Wife will be Happy….as this was her firm Choice all along !

What a Way to Go about Voting ! Sad State of Affairs really…but then just reflect !…The Fangs of Corruption,Criminality and Communalism yet rear their Ugly,Dangerous and Toxic Self over all of Us…we simply lack political will and leadership to tackle them effectively read more

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