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Author: Raoji
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Pre IPO : Mohan Meakin
Mohan Meakin is the manufacturer of the iconic rum brand Old Monk.
The Next-Gen of the promoter family are now in charge and are intent on improving the fortunes of the business as evident in the latest financial results.
A very limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas
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Linkfest: 05 October, 2018
Some stuff I am reading today morning:
Mayhem on Dalal Street (BL)
Fuel becomes cheaper (ET)
How IL&FS was enriching itself at public cost (MoneyLife)
LIC makes open offer for IDBI Bank (BQ)
The rise & fall of Chanda Kochhar (MC)
Interview with Bharat Shah (MC)
The fall of the Sandesara Brothers (Mint)
Why IL&FS, IDBI etc happen (Subramoney)
Sins of Bull Market (MF Guy)
So you want to be the next Warren Buffett? (Mark Sellers)
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The Very Mischievous Harsh Goenka
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A Red Indicator for the US Markets
The Dow is on track to close at a new 52-week (and all-time) high. Yet, there are 3 times as many 52-week lows as 52-week highs on the NYSE. Since 1965, that has happened on exactly one* other day.
* December 28, 1999
— SentimenTrader (@sentimentrader) October 2, 2018
Here is every time in the past 25 years when the Dow closed at a 52-week high while most of the NYSE was in a bear market. pic.twitter.com/CZNWhZhq30
— SentimenTrader (@sentimentrader) October 3, 2018