A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
42 Players were up for auction in this Second Edition of the IPL Cricket T-20 in India….A lot of them were just not bid for As was expected,English players,Kevin Pietersen (Base Price of US $ 1.35 m) and Andrew Flintoff (Base Price of US $ 950K) were snapped up for a record US 1.55 Million apiece by Bangalore and […]
A year ago,USA’s biggest bank ,Bank of America quoted at US $ 43.Yesterday is sank below US $ 4 and recovered to close at US $4.84…down 66 % in January alone this year Market Cap has sunk below US $ 31 Billion…Bloomberg puts it rather tongue in cheek…One share of Bank of America will not even buy you
Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone? Read More »
Very Cleverly,as is also not mandatory,Firstsource Solutions has avoided stating the Reserves position for the Nine Months ended December 31,2008 in both their Consolidated and the Standalone Results Firstsource Solutions has a current Equity of Rs 428 crs and had Consolidated Reserves of Rs 313 crs and Standalone Reserves of Rs 201 crs as at March
Hey ! just saw Satyajit Das on NDTV Profit this morning…speaking from Sydney…Check out my Pages section in the section,Books you must read…I have featured Satyajit Das’s ‘Traders,Guns and Money’…a book where he states that Money cannot be made Honestly in Derivatives ! Here are some views expressed by Das on TV this morning 2009 will be
So we all now concede that India is not decoupled from winds blowing in the US Stock markets…The Draft reaches our Exchanges too ! So it’s going to be Dow (n) with the Dow for our Sensex and Nifty too ! Three Interesting US Indicators support a further fall in our Sensex and Nifty to possible
Sensex at 9200 and Nifty at 2800…..Historical US Data supports a further Fall in 2009 Read More »
I had blogged on Educomp a few days ago and now twice today. What is Brewing ! ? Obviously something we don’t know but the worrying and critical and significant difference between the Lower Futures and the Higher Spot flags up On the NSE the Feb 26,2009 Futures with the Market Lot Size of 75 shares closed
Need to be Educated on Educomp !…What’s Brewing !? Read More »