Source: DRHP Filings of Barbeque Nation
In March 2018, Alchemy bought 5.75 L shares of Barbeque Nation @ 832 Rs/share
Interesting to see them fully exit three years later @ 500 Rs/share, a discount of 40% to their buy price.
Terrific vote of confidence !
Update: It has been brought to my attention that in red herring prospectus, Alchemy India is no longer a selling shareholder.
Some stuff I am reading today morning:
Adani Ports to buy additional 58.1% stake in Gangavaram Port (BL)
The Pharma stock which has zoomed by 10,000% (BS)
Startup: Lohum Cleantech (Forbes)
SME : Zota Healthcare (Dhruva Pandey)
Presentation: Sequent Scientific (Kumar Saurabh)
Can a hyper local strategy push Kalyan Jewellers ahead? (Fortune)
Close-ended equity funds disappoint investors (Rediff)
Real Estate: The home rush (BW)
It’s all about the Fundies (Albert Bridge Capital)
Interview with Bill Gurley (Barry Ritholtz)
Source : Andrew Gazdecki
Some stuff I am reading today morning:
First negative yield quote in India’s sovereign bond market (BS)
Video: Dipam Secy details Govt’s disinvestment plans (You Tube)
How Bajaj Auto plans to manage surplus funds (Rediff)
Uncertain future for Biyani’s retail deal (Fortune)
CAPE Fear (Humble $)
On Japanese Equities (GMO)
How to survive a Crypto Cycle? (Paradigm)
How Google plans to disrupt higher education ( Inc)
Party like its 1999 (Marc Rubinstein)
Obituary: GV Ramakrishna (Money Life)