A Lion’s eye on the Bulls and Bears

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

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Sesa Goa drops from Rs 490 to below Rs 470 reacting on News of a Chinese Ban on Imports of Iron Ore below 60% FE content…Should it cause any Worry?

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 […]

Sesa Goa drops from Rs 490 to below Rs 470 reacting on News of a Chinese Ban on Imports of Iron Ore below 60% FE content…Should it cause any Worry? Read More »

Sesa Goa Up at record New High at Rs 494…More upmove potential…..but Sensex Down 256 points to 17714

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

Sesa Goa Up at record New High at Rs 494…More upmove potential…..but Sensex Down 256 points to 17714 Read More »

Sania Mirza and Shoiab Malik to marry…but India & Pakistan will not !

Wish Sania Mirza and Shoiab Malik all the best as they move ahead to tie the knot with each other mid month In Normal circumstances the marriage of an Indian Tennis Star and a Pakistani Cricket Star would have inspired many such similar alliances across our borders….but these are not Normal times….26/11 has driven the

Sania Mirza and Shoiab Malik to marry…but India & Pakistan will not ! Read More »

MOREPEN or MORE-PAIN !…..Morepen Labs (FV Rs 2) at Rs 9…Should you Hold or Sell ?….especially Deposit Stakeholders who have become Equity Stakeholders as they have been given shares in lieu of their Deposits

A Client had placed a Deposit of Rs 50000 with Morepen Labs years ago…Under a Scheme of Arrangement and Compromise,It got converted into 3313 Shares…he asked me whether he should Hold or Sell….The Price is currently Rs 9 thereabouts…so he should recover nearly Rs 30000 An emotional decision would dictate to Sell…and after reviewing the

MOREPEN or MORE-PAIN !…..Morepen Labs (FV Rs 2) at Rs 9…Should you Hold or Sell ?….especially Deposit Stakeholders who have become Equity Stakeholders as they have been given shares in lieu of their Deposits Read More »

Arre ‘Baba’…tu kya kar raha hai!

A Day & Night in the Life of a Naughty & Navtanki “Baba” Discourse by day…… Intercourse by night  Healing the masses by day…. Feeling the masses by night  Sandal wood (chandan) by day….. Tiger Woods by night  Missionary by day…. Missionary (ahem!) by night  Spiritual by day…. Spirited by night  Baba by day….. Black sheep by night 

Arre ‘Baba’…tu kya kar raha hai! Read More »

USA Treasuries perceived as more Riskier than Top USA Corporate Bonds !…offering Higher Yields!

USA Treasuries and Corporate Yeilds…..Have a look at this Yield table below Issuer Credit Rating Maturity Annual Yield in % USA Government AAA 2012 1.18 to 1.24 Berkshire Hathaway (Warren Buffett) AA+ February 2012 0.89 Proctor & Gamble AA- August 2012 1.12 Johnson & Johnson AAA August 2012 1.15 For the First Time ever,the USA

USA Treasuries perceived as more Riskier than Top USA Corporate Bonds !…offering Higher Yields! Read More »

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