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Buyer Beware in India

Source: Eric Bellman

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Linkfest: June 23,2017

Some stuff I am reading today morning:

RCom faces an existential crisis (BT)

The brutal restructuring at Tata Motors (ET)

Pharma: Searching for the recovery room (Mint)

Video: Interview with Manish Chokhani (ETNow)

Azim Premji objects to Flipkart-Snapdeal merger (Bloomberg)

7 Things you should know about contrarian investing (Ravichand)

Stock Analysis: Nandan Denim Ltd (Dr. Vijay Malik)

The hard truth about investing (Ivanhoff)

How to invest in an overvalued market (CS)

Kenny G made more money from investing than music (IF)

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Excerpts

To Fortis: Shaadi…Aur Tumse…Abhi Nahin…

Hat Tip: Parag Dalvi

Announcement by IHH Healthcare Berhad in Bursa Malaysia (KL Stock Exchange)

Reference is made to the query from Bursa Malaysia Securities Berhad dated 22 June 2017 in relation to the article appearing in The Edge Financial Daily on 19 June 2017.

 

The Board of Directors of IHH Healthcare Berhad (“IHH”) wishes to inform that whilst IHH is constantly evaluating growth opportunities in select geographies in Asia including India, which is our fourth home market, IHH is not, nor is it close to, concluding any negotiations or due diligence or transactions in India at this point in time.

 

Should any transaction materialise, the Board will make the appropriate announcements in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

 

This announcement is dated 22 June 2017.

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Cartoon

Cartoon: Motabhai’s Message

Hat Tip: Deepak Narayanan

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Excerpts

How Geodesic Promoters did a $125 Million Fraud

My notes on the Geodesic AGM in 2014 makes for interesting reading.

[pdf-embedder url=”https://alphaideas.in/wp-content/uploads/securepdfs/2017/06/Geodesic.pdf”]