A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This posting on Sesa Industries should serve both prime purposes of Investor Education and Protection I intermittently receive newsletters by post from intermediaries in our Capital Market A recent newsletter related to a prominently headlined offer to buy shares of unlisted SESA INDUSTRIES at Rs 750…on inquiry the rate offered was Rs 600 !…a year ago the offer was […]
This Sunday morning,I was ‘googling’ to see if the validity of the Scheme of Amalgamation of Sesa Industries with Sesa Goa was extended beyond October 31,2009…a host of sites came up on the search I happened to click on one of them… www.multibaggerpennystocks.com …. imagine my surprise when I saw that their lead analyst in Noida
No matter the ‘nasha’ generated ,rather provoked, by most media,brokers,advisors,companies,bureaucrats,ministers et all…..simply don’t be in any hurry whatsoever to buy into Equity…when liquidity and sentiment,more than valuations,drives the momentum and when you receive an alarming quantum of unsolicited Equity advice,then it’s time to be wary…even when you hear an ‘iconic’ investor being contrary for the sake of
Don’t be in any hurry to Buy into Equity…stagger,if at all Read More »
Economic Times has a very timely article in today’s edition warning Investors not to fall prey to a whole lot of Equity Advisors that have sprouted out like worms out of a rotting woodwork…Most of them are rackets…simply fradulent and serve vested interests…most lack depth,whatever their basis of advice may be…astrology,technicals or fundamentals So beware of
Beware of Equity Advisors coming out likes worms in a rotten woodwork ! Read More »
Phew ! just blogged on Sesa Goa last night,actually very early in the morning…..blogging again…Economic Times edition today has reported that the Government has asked the Serious Frauds Investigation Office, (SFIO) which is part of the Ministry of Corporate Affairs,to probe Sesa Goa…The MD,P K Mukherjee says he is unaware of any such order and
Economic Times reports this morning of a Government Investigation into Sesa Goa Read More »
Ashish has raised a very serious query whether Monies are safe Investing in Sesa Goa for a year,given the controversies surrounding the Vedanta Group….Sesa Goa has reacted from a recent high of Rs 362 to Rs 315 and there is a real fear it may soon move below Rs 300 in the short term….significantly so So
Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’! Read More »