Amusing to see loss making companies getting listed on the BSE SME platform and the reasons given for their valuations.
Source: DRHP Filings of Salebhai Internet Ltd
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Author: Raoji
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TTK’s Jagannathan: Boom Times Ahead
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Chart: MF AUM to GDP
Hat Tip: Porinju Veliyath
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BEL : Buy High, Sell Low
Earlier this year, Bharat Electronics Ltd did a buyback of its own shares at Rs.182.5 per share
A mere 4 months later, the Govt now intends to do an Offer For Sale when the share price is 106 Rs/share !!
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Linkfest: 25 July, 2018
Some stuff I am reading today morning:
HDFC AMC IPO opens today (ET)
Derivatives trading till 11:55 pm (BQ)
Reliance Jio in no mood to relent (Mint)
Govt to divest 5% in BEL (BL)
Company Profile: Manjushree Technopack (Forbes)
DCM Shriram: Low on sugar (Fortune India)
5 Unknown facts about Sukanya Samriddhi (Basu Nivesh)
Dr. Copper and Mr.Market (Pension Partners)
There’s no such thing as Mosquito Week (CS)
Cutting the Cord/Thrashing the Dish (A VC)