Source: Annual Report of Welspun Enterprises 2017-18
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Silly Monks: Me Angel with Your Money
Silly Monks Enterainment Ltd is a Hyderabad based Entertainment & Media Company with main focus in Digital Media Publishing.
It raised around 15 Crores via an IPO and got listed in Jan 2018 on the SME platform of NSE.
While raising funds from investors, it mentioned the following:
Yesterday the Company issued a press release that it is now playing the role of an angel investor and is investing in startups, unrelated to it’s core business !
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Linkfest: July 23, 2018
Some stuff I am reading today morning:
Govt cuts GST rates (DNA)
Circular on ASM Stocks (NSE)
Kotak Mahindra Bank: Rich Valuations (Mint)
25 years of Private Sector Mutual Funds in India (BL)
Cash and Portfolio Rotation (Rohit Chauhan)
Stock Analysis & the illusion of Control (Safal Niveshak)
Stay away from exclusive investing clubs (Subramoney)
A chart every investor should know (Irrelevant Investor)
Lessons & ideas from Ben Graham (Jason)
What makes a great investor? (Andrew Thrasher)
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Top Clicks on Alpha Ideas This Week
Here are the most clicked items on Alpha Ideas This Week:
Small Caps Ka Ghar Wapsi (AI)
How Kesoram Industries screwed minority shareholders (MoneyLife)
P C Jeweller & it’s Bankers (AI)
Assume fraud until genius is proven (Amit Mantri)
Ashok Leyland: Famous Last Words (AI)
Mayhem in mid-caps continues (Mint)
What ails small and mid-cap stocks (BL)
Cherry Picking Fallen Angels (OB)
Contagion Fears in EMs (Akash Prakash)
Portfolio of Hitesh Doshi (AI)
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Weekend Mega Linkfest: 20 July, 2018
Some off-beat reads for the weekend:
Everyone is smart except Trump (Spectator)
The ugly scandal that cancelled the Nobel Prize (Guardian)
Imran Khan : Sex, Drugs and Rock n Roll (Open)
Why Indian Academia is like the caste system (MC)
How to survive America’s Kill List (Rolling Stone)
Organised Crime in South East Asia (SCMP)
The Bhopal disaster is still unfolding (Atlantic)
Yadav Vs Yadav (Gossip Guru)
Amartya Sen is well past the ‘Sell By Date’ (Jaggi)
Travelogue: Bolivia (NatGeo)
Manmatha Nath Dutt: The Lost Hero (Outlook)
What’s going on with Elon Musk? (Time)
TV News fellows are all the same (J Mathrubootham)
Frugal Holidaying Tips (TeamBHP)
Remembering Neeraj (Wire)