CG Power is down 30% (Promoter pledge 100%)
Today in the conf call mgmt told NO Promoter pledge is being revoked till now. Given today’s fall, if lender revoke shares… fall moving ahead could be even bigger!
Need to remain Extremely cautious
— Yatin Mota (@YatinMota) February 13, 2019
There are two times making money is too easy in the Market
1) Last phase of the Bull Market if you are long (October – Decmeber 2017)
2) Last phase of the Bear Market if you are Short (Guess)
— Amit jeswani (@Amit_Jeswani1) February 12, 2019
Some stuff I am reading today morning:
How Mallya kept 7,500 Cr safely away (ET)
Anil Ambani sweats it out in SC (BS)
Indian Army to procure 72,400 assault rifles from US (FE)
How a 27 year old built a 1 Billion $ startup (Mint)
Interview with Rahul Yadav (Forbes)
Big Oil’s Big Issue with Big Energy (BQ)
An investor’s mid-life crisis (Free Fincal)
SMEs of Ankleshwar (OB)
Bill Gross succumbs to his Nemesis (Macro Tourist)
How’s that for a strategic plan? (Warren Buffett)
Hat Tip: J Parmar
In Jan 2018, the Govt does an Offer For Sale @ 153.5 Rs/share
In Feb 2019, the Govt does a buyback @ 98 Rs/share
