A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Yes,I know the IPO of Pipavav Shipyard Ltd is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is […]
Pip-avoid Pipavav Shipyard IPO Read More »
Right from August 12,2009 when our FM,Pranab Mukherjee released the New Direct Taxes Code for Discussion,there has been developing apprehension on increased taxation on Capital Gains I’ve been warning Clients about the Market Selling off towards 2011 as Investors book Gains,both short and long term, to take advantage of lower tax rate and tax exemption respectively……and today
New Direct Taxes Code and a Stock Market Selling off….What’s the Connection ? Read More »
Rajsingh Dungarpur passed away a few days ago…Cricket and Rajbhai were synonymous…He played for Rajasthan State decades ago and then assumed pivitol administrative roles in our Country’s Cricket Structure…The Cricket Club of India,Mumbai (CCI) and Rajbhai were one soul….Yet,in the past year he was sen often in solitary bliss,gazing out soulfully at the Golf Greens while enjoying a
Amusing or not so…you decide…….some Saturday morning shots…. Jet Airways Pilots Strike enters the fifth day…and I see a Business Standard ad (Page 16) of Jet2Kerala with a tag line ‘Your dream holiday can now touch down’…Problem is you yet cannot take off !…Jet Airways has teamed up with Kerala Tourism to help you land the best
Some Saturday Morning Shots…..of Strikes and Statues…..Austerity Measures and IPOs Read More »
It’s September 9,2009..9 9 9…an auspicious day is now easing out to the next….From 9.09.09 morning the Jains have been chanting in unison the powerful ‘Navkar Mantra’…I did too….felt good and warm…so from now every year September 9 will also celebrate ‘Navkar Mantra’ Namo Arihantanam I bow down to the Arihants who have reached enlightenment by overcoming
9 9 9 …. An auspicious day coming to an end…Also now ‘Navkar Mantra’ Day Read More »
This is a Scan of the OIL IPO I like OIL…Rs 1050 (FV Rs 10) Upper band Price appears fair…but I would await Listing before consdering any meaningful exposure In it’s continuing disinvestment exercise now the Government wants us to explore OIL with it…but at an upper band IPO price of Rs 1050…OIL will raise Rs 2777 crs at this price