A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Trafiic Signals are clearly at work in these Three Sectors….It’s Green for Sugar,Red for Telecom and Orange for IT Sugar Stocks are at just 3 Million tonnes…that’s going to last a month and a half…India consumes 2 million tonnes a month….Last year we produced a record low ! of below 15 million tonnes and […]
Thinksoft Global Services,a Chennai based financial software testing service is seducing you with a bookbuilding IPO in the band of Rs 120-Rs 130….Issue opens today and closes two days hence on Thursday,September 24,2009 Don’t ThinkHard on ThinkSoft !…ignore the Issue…this issue clearly is an exit route for an existing shareholder The IPO is for 36.46 lakh shares…of which just
Don’t ThinkHard about ThinkSoft Global Services’s IPO at Rs 120-130…Ignore it Read More »
Yes,I know the IPO of Pipavav Shipyard Ltd is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is
Pip-avoid Pipavav Shipyard IPO Read More »
Right from August 12,2009 when our FM,Pranab Mukherjee released the New Direct Taxes Code for Discussion,there has been developing apprehension on increased taxation on Capital Gains I’ve been warning Clients about the Market Selling off towards 2011 as Investors book Gains,both short and long term, to take advantage of lower tax rate and tax exemption respectively……and today
New Direct Taxes Code and a Stock Market Selling off….What’s the Connection ? Read More »
Amusing or not so…you decide…….some Saturday morning shots…. Jet Airways Pilots Strike enters the fifth day…and I see a Business Standard ad (Page 16) of Jet2Kerala with a tag line ‘Your dream holiday can now touch down’…Problem is you yet cannot take off !…Jet Airways has teamed up with Kerala Tourism to help you land the best
Some Saturday Morning Shots…..of Strikes and Statues…..Austerity Measures and IPOs Read More »
Our Sensex is on a Calender Year High Today…..In 15 trading days,it has surged from 15000 to 16000..It closed at 16016 today,up by 327 points and over 2% Drought does not seem to be in our Sensex’s Dictionary ! From March 2009 Lows of 8000,the Sensex has now surged 100% in just seven months ! and year