Categories
Raoji's Corner

Galaxy Surfactants: A Wealth Creation Story

Galaxy Surfactants got listed today and is trading around Rs.1,600 levels.

Around 23 years back, the Company made an appeal to investors to invest in their company as can be seen from the letter below:

Since then, the company has given bonuses and dividends taking the effective cost price of the shares to negative.

This is a great example of how a honest, hardworking and efficient management can create wealth for its shareholders.

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Forwards

Open Challenge to Hasmukhbhai

Categories
Links

Linkfest: 08 Feb,2018

Some stuff I am reading today morning:

RBI’s balancing act (Reuters)

SC cancels 88 mining leases in Goa (Mint)

Why Reliance Jio’s profits are too ‘good to believe’ (BS)

Are India’s bond markets out of sync? (Quint)

Most crypto currencies will crash to zero (CNBC)

Oil prices tumble (CNBC)

The best hedge there is (TRB)

Beware while studying greatness (Intelligent Fanatics)

How to think of selloffs (A VC)

Getting started as a full time investor (Ian Cassel)

Categories
Observations

Syschem: We know why our market cap is not improving

Source: Exchange filings of Syschem (India) Ltd

Categories
MegaTrends

Mega Trend: India Property Shift

Source: CLSA Research