A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
End October 2008,when the Sensex had crashed below 8000 from a high of 21000 in January 2008,Cranes Software (FV Rs 2) was at Rs 90 and yet rated a ‘Buy’ by a leading Broking House with a target of Rs 106….Had you invested,you’d have gone ‘Broke’ and probably be with the ‘Angels’…get the whiff!? Cranes […]
Cranes Software at 52 week low of Rs 28…was Rs 100 just over a year ago…Waste or Worth ? Read More »
The Lloyds Group (Finance,Steel,Real Estate) has destroyed all stakeholders this past decade and more….Promoters,Guptas, have surely a lot of ‘gupts’ that they may never disclose….Several years ago,and during the mess they had created,I happened to be introduced to one of the sons,at a dinner party….this guy was nonchalant about the severe anxieties that shareholders and depositors were
Lloyds Steel @ Rs 9/10…Turnaround from Treachery !? Read More »
Regular Readers of my Blog would recollect Sabero Organics I had recommended it on August 8,2008 at Rs 24 Fabulous Quarterly Show by Sabero Organics Gujarat…..Rs 24 and yet again this year on September 4,2009 at Rs 35 Sabero Organics up but FII,Clearwater Capital seen exiting ! Why ? It’s zoomed away to near Rs 70…infact was
Sabero Organics kissing Rs 70 ….up from Rs 45 in under a week ! Read More »
Markets are on fire today..Sensex is up 400 points past 16800 as Reliance gallops yet again past a cum 1:1 Bonus Rs 2100 But what was interesting is the arbitrage available in SESA GOA Spot Price has surged to Rs 354 as Company announced during market hours that FII,Templeton had increased their stake….. and the Futures
This posting on Sesa Industries should serve both prime purposes of Investor Education and Protection I intermittently receive newsletters by post from intermediaries in our Capital Market A recent newsletter related to a prominently headlined offer to buy shares of unlisted SESA INDUSTRIES at Rs 750…on inquiry the rate offered was Rs 600 !…a year ago the offer was
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 »