Rest in Peace now Gerela Saab !
Mr S T Gerela ex GM of BSE passed away peacefully this morning
We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when urging me for Stock Recommendations, at one of our brainstorming sessions at our Annual BSE Training Institute Faculty Weekend Retreats , this one at The Retreat at Madh Island ,and that too in front of forty leading names of our Equity Markets like Ramesh Damani & Nilesh Shah
Mandir may aakar Prasad na miley yeh toh ho hi nahi sakta !
This has got to count as one of the best compliments I have ever received till date !
Fondly called ‘Gorilla’ instead of ‘Gerela’ by some broker members of the BSE,I distinctly remember Mr Gerela quietly coming in to sit for a while at few of my BSE Fundamental Equity Valuation Sessions on the 18th and 19th BTI Training Floors of the Jeejeebhoy Towers that houses BSE to see if he could catch an idea or two that I would showcase as a case study ~ he ,like so many others,had latched on to Matrix Labs Valuation in my sessions early on at Rs 25 in July 2001 and which became my second 100 Bagger ,after Wipro,by soaring 12000 % or 120 x in five years of 2001 to 2006.It since was taken over by Mylan and delisted ~ Oh ! yes even Rakesh Jhunjhunwala later entered Matrix Labs at Rs 200 picking up a million shares ,200k for wife Rekha and 800k for himself
Will always remember you Mr Gerela ~ thanks for the compliment
Strength to your grieving family to bear this loss