A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Markets are looking increasingly ominous and Sensex is likely to correct from 18000 + levels to be derated down to PE 14-16 range….sub 16000 possible in a few weeks…while I do remain bullish for the longer term I simply cannot ignore bearish macro indicators in the shorter term William Shakespeare penned this warning as a part […]
There are two “J” Scrips listed on the Bourses that you may get “J” of in the next year or two if you don’t own them…… Jaiprakash Associates at Rs 83/84….FV Rs 2….Available near 52 week lows…..debt overhang….delays in power,roadways and cement project implementations……next two to three years will see mitigation of these risks as
A 52 Week High of Rs 384 exactly a year ago on March 8,2010 and Rs 29 now ! near it’s low of Rs 25 on Feb 25,2011 on BSE…..KOUTONS RETAIL scrip with FV Rs 10 has simply been destroyed on the bourses inside a few months really…destroying its shareholders too ….it only has itself
Immediate Take on the Union Budget Nothing much was expected from this Budget and our FM met these expectations…..I had not expected any Amnesty Scheme or bold vision or dramatic reform announcements….too many pressures and pulls and compulsions being faced by this UPA Government currently Markets were however buoyant from Morning and post
Atlas Copco had announced intentions of delisting the Shares from BSE and PSE in October 2010…the formalities are now complete and the mode and schedule has been announced http://www.bseindia.com/stockinfo/anndet.aspx?newsid=20eaa6da-d155-4a0e-b16b-ae6648f7516e¶m1=1 Indicative Offer Price is Rs 2250…Floor Price is Rs 1426 in the Reverse Book-building Process…Bid opens on March 7,2011 and clses on March 11,2011….Discovered Price,if any,will
Outlook Business Feb 5-19 2011 carries a cover story on Anil Ambani battling serious issues that are threatening his Business Empire currently…..What will come to the rescue of a grim and worried Anil Ambani is that the scale of operations and stakes are high…Reliance Power for example…..The Outlook Business Article quotes me as such….check it out