A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Several Times I had strongly recommended IFCI as a multibagger….. starting at Rs 16 in December 2006….It raced to Rs 130 levels as the Government called for bids to sell a Strategic Stake in it….A Joint Bid by Sterlite and Morgan fell through as the Government was not transparent on Conversion of Institutional Debt to Equity ……this […]
IFCI at Rs 58…..Interest Reviving yet again…Rs 100 + inside a year ? Read More »
On June 15,2010,BOC announced that they had received a proposal from their majority shareholder for voluntary delisting at a price not less than Rs 225.29….The very next day BOC zoomed to a 52 Week High of Rs 314.90…It’s Rs 286 today Check out their detailed announcement here http://www.bseindia.com/xml-data/corpfiling/announcement/BOC_India_Ltd_150610.pdf On January 19,2010 I had blogged on this very
One often gets wise after the Event…. but what if one does not !… does not deliberately want to actually! I don’t want to get into the game of Bashing up the Rating Agencies… but was curious to see how Standard and Poors have rated USA on long term and short term sovereign domestic and fx
S & P’s Sovereign Rating of USA remains at Top ‘AAA’….Amusing! Read More »
In November 2008,I had covered in two blogs,what our Telecom Minister,A Raja had blatantly done….he had gifted 2G Licenses to vested interests at a pittance…just over Rs 1000 crs,when he could have got ten times more for the Government Today, after a 34 days auction process it has been announced that the 3G Licenses auction has
Ostensilbly under great pressure to vacate the banking field,the Tayals of Bank of Rajasthan are having their Cake at eating it too! The Board of Directors of the Bank at their meeting yesterday have given an in-principle approval to amalgamate the Bank with ICICI Bank The important issue here was what would the swap ratio be….Mrs
Have a look at this link http://www.india.com/news/india/ipl-the-rabbit-hole-runs-deep_7575 The author is aggressively forthright and blunt in putting across how he sees the IPL Mess and how it’s unfolding…a few may be conjectures at this stage…but quite plausible There are simply too many Strong Questions that remain unanswered or have unconvincingly been answered that has lead to this situation
IPL Cricket Stink…providing a link to some bluntness Read More »