A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The beleagured Essar Group Company,India Securities Limited (ISL) is poised to revive The Ruias are bringing in equity at Rs 70/share to bail ISL out.ISL has an accumulated loss of Rs 28 crs There will be a demerger in ISL where the Investment Division will be spun off to another Listed Company Essar Securities limited (ESL).ISL …
Watch out for India Securities at Rs 25…Essar Group reviving their Sick NBFC Read More »
Both Iron Ore Producers,Sandur Manganese and Sesa Goa have turned in mind boggling Q1 Results…yet Mr S Y Ghorpade, Chairman & Managing Director of Sandur says that the Rising Prices of Iron Ore may not sustain while Mr P K Mukherjee,Managing Director of Sesa Goa says the record US $ 140/T FOB Mangalore is indicative of things to come …
Fantastic Q1 FY 09 for Iron Ore Companies Sandur Manganese and Sesa Goa Read More »
Calcined Petroleum Coke Producers,Rain Commodities and Goa Carbon are on a bull run as prices of CPC reach new highs of US $ 700/t…..Both Companies are available at just Two Forward Multiple for Current Year as they should register an EPS of Rs 100 and Rs 50 respectively for FY 09…A stupendous first quarter points to exciting …
Rain Commodities @ Rs 220 and Goa Carbon @ Rs 116 on a bull run Read More »
Check out my earlier Blog on Sesa Goa….It looks a great buy and is available till Thursday,August 7,2008 Cum Bonus 1:1 and Cum Sub Division 10:1…..Today’s closing of Rs 3330 gives a theoretical XB/XS price of Rs 167 For every One Share of Face Value of Rs 10 you will buy till August 7,2008 your demat …
Go ‘Sesa’ Goa at Rs 3330 CB/CS…goes XB/XS on August 8,2008 Read More »
We all know that SESA GOA has been sizzling for a few years now…..but this Quarter’s results show that this Iron Ore Company,now part of the Vedanta Group , which holds a 51.12% has put up a spectacular show.It’s unaudited consolidated Profit is Rs 633 crs for the three months ending June 30,2008 against just Rs 33 crs …
Can’t help it ! this is my second post in two days on Ranbaxy The Share Price is Rs 440 just now on BSE…The Open Offer opens on August 8,2008 and ends on August 27,2008.It is a direct offer to shareholders who will have to tender their shares at Rs 737 and expect only one …
Ranbaxy :Is there any Rationale in Holding for the Open Offer? ? Read More »