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It’s August 9 today…what a Day !…ROAR !

6 Comments / Chuckle !, Inspiring and Motivating, Interesting News Sightings, Reflections, When My Mind Meanders... / By

Are you aware of the significance of August 9 ?

It was on this Day in

1942…. that the Quit India Movement began…. to gain Independence

1945…. that USA dropped an Atom Bomb on Nagasaki in Japan during World War II

1974… that President of USA, Richard Nixon resigned due to the Watergate Scandal

…. and also on August 9, 1962, my Mother decided that I needed to stop kicking her from within and begin kicking others on Planet Earth !

…. I’m yet kicking… because it is widely believed that unless Times of India in their ‘Personals’ does not greet you personally on your birthday, like they did BIG Lawyer, Mahesh Jethmalani and BIG Bazaar, Kishore Biyani this morning, you are not BIG !

A ROAR from a Lion to you’ll !….. and especially a BIG ROAR to those who wished on email, sms, skype, phone and Facebook !

…….. Like a close friend observing that a Hug is like a Boomerang… you get it right back…. I asked her if she had ever tried hugging a Bear !?… she said she would leave that to me !…. and I said I’ve already done this !… you see in my line of work, my Wife is the Bear and I’m the Bull !

……. Like another wishing me Many Happy Returns of the Day… and I tell her that unless I celebrate, I observe I don’t get Happy ‘Returns’… if you know what I mean

…… and my niece said “Mamu, Happy Birthday”… and I just saw ‘Munnabhai MBBS’ yet again on TV last night and so ‘Mamu’ was fresh in my mind…. but niece’s ‘mamu’ denoted a family relationship… so that’s alright

……. and one wisely wished me hoping that ‘May the Stock markets go up and up and up …..”… you see that we often corelate Happiness with an Up and UP and Buoyant Stock Market!… believing that these two are not inversely corelated !

……. and  Incidentally, one of my cubs thinks ROAR stands for ‘ Rights Of A Retard !’…. she’s not getting her Allowance this week !

Cheers !

Hey! Is Times of India Reading My Blogs ? Headlines Today: Did Raju tip off big lenders?…Blogs on Thurs,Jan 8 and Fri, Jan 9,2009 raises this Issue

Leave a Comment / Bulk Deals, Controversies, Corporate Governance, Information Technology, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, Satyam : The Sordid Asatyam Saga, STOCKS, VALUATION / By

Hey ! Times of India’s Mumbai Edition has this Headline Today

Did Raju tip off big lenders ? 

Thanks TOI….you reach out to Millions…..I raised this Issue too on my blog on Thursday,January 8,2009…Check it out Below

https://www.gauravblog.com/?p=426

 

NOW TWO MORE SERIOUS QUESTIONS EMERGE IN THIS SORDID SATYAM SAGA UNFOLDING!

Now Two More Serious questions need to be answered in this continuing Satyam Saga !

QUESTION NO 1

DID RAMALINGA RAJU INTIMATE LENDERS TO SELL HIS PLEDGED SHARES BEFORE RELEASING HIS CONFESSION LETTER TO REALISE A BETTER PRICE TO CLEAR MORE OF THE LOAN ? 

OUESTION NO 2

NOW WE KNOW WHY THE MAYTAS PROPOSAL WAS STRUCTURED THE WAY IT WAS ! QUESTION IS WHICH ‘BIG FOUR FIRM ‘ CONNIVED WITH SATYAM TO BRING UP THE VALUE OF THE MAYTAS DEAL TO US $ 1.6 BILLION ! TO MATCH THE SATYAM ASSET HOLE ?

Also raised the worry on my blog on Friday,January 9,2009 that Larsen’s Fatal Investment in Satyam from December 23,2008 to January 6,2009 could be their lifting the same Promoter pledged shares sold by lenders

Check it out on

https://www.gauravblog.com/?p=431

 

Larsen Jumps the Gun in Buying 4% into Satyam and sees Big Erosion of over 85% and over Rs 300 Crs inside just Two Days !…they must file an FIR against Satyam and it’s Chairman,Ramalinga Raju

Larsen was probably ill advised to buy a 4% Stake in Satyam at undisclosed price…Definitely over Rs 100 asY.M. Deosthalee told Dow Jones Newswires by telephone that the company acquired the stake over ten days ending Tuesday through its L&T Capital arm.

Larsen now holds close to 2.70 crore shares in Satyam at Investment cost of over probably  between Rs 350 crs to Rs 450 crs….On Wednesday,January 7,Satyam opened at Rs 175 but closed at Rs 40 after Ramalinga Raju’s Confession of a massive Fraud…Today Satyam has sunk even lower to Rs 20…Larsen’s holding in Satyam is worth just Rs 54 Crores inside days…It has lost over 85 % and @ over Rs 300 crs notionally inside two days !…it will have to mark the investment to market

There is also the grave posssibility that L & T Capital may have picked up the same 4 % of Equity sold by the Lenders to Ramalinga Raju on his pledged shares…If this is so,then Ramalinga Raju may have awaited this sale at High Prices before releasing his Confession Letter on January 7,2009

Larsen must not let Satyam and Ramalinga Raju get away with this ! 

The Share Price of Larsen has also eroded by 15% to below Rs 700 in quick time

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