A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
We keep waving our High GDP growth rate,Infrastructure and Domestic Consumption Stories like a Magic Wand that will solve all our Economic Woes Ofcourse they do hold out great hope…but pause to think of critical economic challenges that India faces…atleast on two major fronts…Runaway Food Inflation and Fear of Oil Prices surging yet again…these are […]
On October 27,2009 I had blogged Beware of Equity Advisors coming out likes worms in a rotten woodwork ! Then last month on January 10,2010 I again blogged RED ALERT ! SIMPLY BEWARE OF UNSOLICITED STOCK ADVICE FROM UNKNOWN SOURCES THROUGH SMS AND EVEN EMAIL ! Now SEBI has warned Investors not to heed astrological
Among the Bulk Deals that took place last week,two interesting purchases caught my eye…..even though I’m not a great Fan of the Ruias (Essar Oil) or the Kasliwals (S Kumars)…both gravely let down shareholders and other Stakeholders in the 1990s and even into the 21st Century…there were several Corporate Governance Issues too 20 Million Shares of ESSAR OIL (currently
BOC’s Share Price is bubbling…It reached a 52 Week high of Rs 227.50 on BSE today but closed lower at Rs 218 + ….Volumes were 3.32 lakh shares,nearly twice the two week average of 1.70 lakh shares….41 % is marked for Delivery……The Market Cap is Rs 1860 crs,but the float is under Rs 200 crs 89.48
Karuturi Global (KG) is at a 52 Week High of Rs 23…..It’s Face Value is Rs 1…Volumes are heavy and the Market Cap is over Rs 1100 crs There is growing euphoria about this Bengaluru Company which claims it’s the largest Rose Buds Stems Producing Company in the World and is now embarking on an ambitious
On November 1,2009 I had warned shareholders of the unlisted Sesa Industries to think twice before selling their shares on offers of Rs 600 per share Unlisted Sesa Industries has buyers off market at Rs 600…but should you sell ? NO!…It’s worth much more Now offers are at Rs 675…..Please think again Twice before selling
SESA INDUSTRIES….Unlisted but worth Rs 1600+…..much more than Rs 675 being offered Read More »