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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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Citigroup

Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone?

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 »

‘citi never sleeps’…well ! Citigroup should !

Their Ad Tag line says it all ‘ citi never sleeps’…. Well ! Citigroup should !… so that others too can ! Citigroup is facing serious survival issues It’s share price has dipped below US $ 4, closing on Friday at US $ 3.77, from over US $ 30 just a year ago when Vikram Pandit, of Indian …

‘citi never sleeps’…well ! Citigroup should ! Read More »

Bhilwara Spinners under Hostile Bid by Ashok Kumar Parmar…Parmar ? Aha ! Suzlon !

Ashok Kumar Parmar has surfaced yet again to make an unsolicited hostile Bid for Bhilwara Spinners.He is making the Mandatory Public Offer to acquire atleast 20% of the Equity of the  Company at Rs 15,having already accumulated 15% of the equity stake…Bhilwara is locked up by 5% on Upper Circuit at Rs 11.99 today on the BSE  …

Bhilwara Spinners under Hostile Bid by Ashok Kumar Parmar…Parmar ? Aha ! Suzlon ! Read More »

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