14 Years Old With 15000 Posts in Archives THE ONLY Authentic RARE INDIAN SHARES Web Site Buy Sell Contact Delisted Unlisted , Unquoted , ,Untraded Shares Stocks Suspended Regional Stock Exchanges , Delisting , Closed . Vanished ,Disappeared ,Tremendous Hidden value , ESOP, Illiquid , Pre IPO ,.Rarely Traded , Antique collectors off beat Current Rates , Best Prices , Bids ,Offers, Brokers , Dealers ,Buy , Sell Physical , Problematic Transfer Transmission
Looking at prices of Nidhi, Camc Comm and PNB, is almost giving me a heart attack. I have never witnessed the price run up like this in delisted shares. The hoarders/speculators, rumormonger and testosterone-driven traders and not to ignore the dim witted investors are all gaga on this company. My best wishes to them.
Let me narrate you some gimmicks of BCCL. Many investors would not like them but that will not prevent me to blurt out the truth.
•Times Innovative Media Limited, the Out of Home media subsidiary of Entertainment Network India, a BCCL got investment from Goldman Sachs and Lehman Brothers India Holdings for an aggregate consideration of Rs. 200 crores. The deal valued TIM at over Rs. 1,200 crores. Goldman Sachs and Lehman Brothers have an equity stake of 8.28% each in TIM.
• The entire equity stake in Times Innovative Media Limited to was again sold to Bennett, Coleman & Company Limited for a cash consideration of Rs 45 crore. Thus the company previously valued at 1200 cr was sold back to promoters at mere 45 cr. ENIL owned 83.44 per cent of Times Innovative Media, which values the company at Rs 540 million (Rs 54 crore).
• We had another example where Times Bank Limited (owned by Bennett, Coleman & Co. / Times Group) was merged with HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India. Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times Bank.
Times Guaranty, a NBFC, is another BCCL company which brought pains to its investor. It has taken various legal and remedial actions for asset recoveries, including recovery suits, winding up petitions and criminal complaints for dishonour of cheques.
So the key takeaway is that, let us not just carried away and throw caution to wind. When speculative forces works, it magnifies your gains and it becomes addictive as well. . Pay attention to what are the triggers of this frenzy.
Warrant Buffett says and I quote “once having profited from wonders, very few people retreat to more conservative practices. And as we all learned in third grade – and some relearned in 2008 – any series of positive numbers, however impressive the numbers may be, evaporates when multiplied by a single zero.
I aim not to depress someone with my logic but being cautious always help. I regularly extol the accomplishments of great companies but one has to look at the other side as well to avoid mega-catastrophe.
The challenge, of course, is the calculation of intrinsic value of BCCL on which the whole stories are based. I invite readers to comment on this.
Buying Sulzer India @ 1000 - 1000 shares
ReplyDeleteManish - 9958006642
Buying Matrix Labortries @ 180
ReplyDeleteManish - 9958006642
Looking at prices of Nidhi, Camc Comm and PNB, is almost giving me a heart attack. I have never witnessed the price run up like this in delisted shares. The hoarders/speculators, rumormonger and testosterone-driven traders and not to ignore the dim witted investors are all gaga on this company. My best wishes to them.
ReplyDeleteLet me narrate you some gimmicks of BCCL. Many investors would not like them but that will not prevent me to blurt out the truth.
•Times Innovative Media Limited, the Out of Home media subsidiary of Entertainment Network India, a BCCL got investment from Goldman Sachs and Lehman Brothers India Holdings for an aggregate consideration of Rs. 200 crores. The deal valued TIM at over Rs. 1,200 crores. Goldman Sachs and Lehman Brothers have an equity stake of 8.28% each in TIM.
• The entire equity stake in Times Innovative Media Limited to was again sold to Bennett, Coleman & Company Limited for a cash consideration of Rs 45 crore. Thus the company previously valued at 1200 cr was sold back to promoters at mere 45 cr. ENIL owned 83.44 per cent of Times Innovative Media, which values the company at Rs 540 million (Rs 54 crore).
• We had another example where Times Bank Limited (owned by Bennett, Coleman & Co. / Times Group) was merged with HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India. Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times Bank.
Times Guaranty, a NBFC, is another BCCL company which brought pains to its investor. It has taken various legal and remedial actions for asset recoveries, including recovery suits, winding up petitions and criminal complaints for dishonour of cheques.
So the key takeaway is that, let us not just carried away and throw caution to wind. When speculative forces works, it magnifies your gains and it becomes addictive as well. . Pay attention to what are the triggers of this frenzy.
Warrant Buffett says and I quote “once having profited from wonders, very few people retreat to more conservative practices. And as we all learned in third grade – and some relearned in 2008 – any series of positive numbers, however impressive the numbers may be, evaporates when multiplied by a single zero.
I aim not to depress someone with my logic but being cautious always help. I regularly extol the accomplishments of great companies but one has to look at the other side as well to avoid mega-catastrophe.
The challenge, of course, is the calculation of intrinsic value of BCCL on which the whole stories are based. I invite readers to comment on this.
Buyer Bharat Nidhi @ 11 ,000
ReplyDeletecontact me on this no. 9910047641 .
Akul Singhal
Delhi