A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Knowing how Ashish Dhawan, of Chrys Capital,cornered Suzlon shares (even became it’s Director !), with Ajay Relan of Citicorp as an ally and later sold off some part to Government of Singapore… all at a dirt cheap placement price and all done before the Suzlon IPO, I was not really surprised at what he just came and […]
I have been receiving serious queries from friends, relatives, acquaintances, clients and associates on Satyam and Larsen…. In light of what has happened and is happening and will happen should we Buy, Sell or Hold Shares of these two Companies !? Really Ironic and Amusing that as Larsen averages a rising Satyam to save face and
What a call !… Should you be Buying or Selling Larsen and Satyam !? Read More »
We celebrate our Republic Day today,January 26, 2009…. Proud and Privileged and Blessed to be born a Free Indian and Live and Feel and Sense and Breathe this Beautiful Country from it’s Cosmopolitan Heart, Mumbai Spend a Quiet and Reflective Day,listening to a host of Patriotic Songs and Inspiring Speeches by Visionary Indians and contemplating what lies
Happy Republic Day to all Indians all around this Lovely planet Earth Read More »
This Saturday afternoon I saw the highly acclaimed ‘Slumdog Millionaire’, winner of Four Golden Globe Awards and just nominated for the Oscars in Ten categories. It was released in Mumbai just yesterday The Movie did not tug at my heart like ‘Taare Zameen Par’ which was not shortlisted in the Oscars in the Foreign Films Category…
Just two days ago,on January 22,2009,I blogged that Larsen, to save itself, is trying to save Satyam..I had opined that it would be foolish to spend an additional @ Rs 1000 crs to take a controlling stake unless some protection was provided from contingent liabilities of the class action law suits in USA which could materilaise
Is Larsen courageous or foolish to hike Satyam Stake to 12%!? Read More »
For Reliance Industries’s Q 3 Profits for the Q ended December 31,2008,few estimates were over Rs 3500 crs…some were even below Rs 2700 crs and the consensus revolved around Rs 3000 crs Despite an expected drop in Margins,Revenues and Profits to reflect challenging times,Reliance,true to form,showed a respectable profit of Rs 3501 crs in Q