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Economic Times reports this morning of a Government Investigation into Sesa Goa

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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 »

Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’!

1 Comment / Controversies, Corporate Governance, Interesting News Sightings, Investing Themes, INVESTOR MISTAKES, Mineral Resources, Reflections, STOCKS, VALUATION / By

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 »

Bowlers,Harbhanjan Singh and Praveen Kumar should open the Batting !

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Australia just won the Vadodra ODI by just 4 runs and lead 1-0 in the seven match series….They piled up 292 and the Indians replied with 288/8…It would have been an improbable win had the Indians pulled it off and scored the 9 runs required of the final over All seemed lost at 201/7 ….but none

Bowlers,Harbhanjan Singh and Praveen Kumar should open the Batting ! Read More »

Trading hours to be extended…I fear Intra day Losses too will get extended !

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SEBI has allowed exchnages to extend trading hours…..So soon we’ll have the exchanges open trading from 9 am and continue right upto 5 pm…that’s a straight EIGHT hours of Continuous Trading…from the current Five hours and thirty five minutes from 9.55 am to 3.30 pm I’ve got one question…it’s mathematical….If an intra day addict,Mr Satta , makes

Trading hours to be extended…I fear Intra day Losses too will get extended ! Read More »

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why?

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Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »

Maharashtra Assembly Election Leads…Incumbents Congress/NCP Alliance will not be dislodged from their Dress Circle Seats

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We are hour and a half into counting in the 288 Seats and these are clearly the emerging trends in Maharashtra Congress/NCP alliance leads in  120  seats of the 268 of 288 leads so far…..70/50 is the breakup….the magic figure is 145….clealry the incumbents will not be dislodged from their Prime Dress Circle seats….will we have

Maharashtra Assembly Election Leads…Incumbents Congress/NCP Alliance will not be dislodged from their Dress Circle Seats Read More »

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