Categories
Observations

NMDC Ltd: The Govt Always Wins

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

Categories
Links

Linkfest: 12 February, 2019

Some stuff I am reading today morning:

Govt to sell upto 3% stake in Axis Bank (FE)

SEBI proposes curbs on F&O stocks (BL)

SC clears decks for AM’s takeover of Essar Steel (BS)

IPO Watch: Polycab (BL)

Company Profile: Mindtree (Forbes)

The mentors of Rakesh Jhunjhunwala (ET)

In praise of passive investing (Bala)

Asset rich, cash poor (Vijay Pahwa)

Stock Market is like a mob at a football game (Charlie Munger)

On Survivorship Bias (Financial Bodyguard)

Categories
Sellside Research

Edelweiss: Saying it like it is

Hat Tip: S Jain

Source: Edelweiss Research Report

Categories
Exchange Filings

CESC Ventures: Not Yumm

Shocking to see degrowth in the FMCG business….especially since the Promoter went around town talking about double digit growth.

Source: Exchange Filings of CESC Ventures Ltd

Categories
Excerpts

Why Mohnish Pabrai doesn’t like the Insurance Industry

Hat Tip: Ashish Kila