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Exclusively Listed shares in Metropolitan Stock Exchange - Investors Demand Fair Price
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Unlock the Small Cap Multibaggers Trapped in Metropolitan Stock Exchange
Metropolitan Stock Exchange has over 200 Exclusively Listed Companies ( mainly from defunct Regional Stock Exchanges Such shares include small cap gems like Frick India and Dalmia Refractories.
Despite raising around Rs.200 crore ,Metropolitan Stock Exchange has failed to take off. Investors of Exclusively Listed Companies are facing a crisis as Dealers of Unlisted shares are offering around one third rates had these shares been traded. ( Example : Frick India - dealers are buying for around Rs.5000 ( PLEASE RECHECK ).
Had Frick India been listed in BSE / NSE its share rate would have been between Rs.12,000 - Rs.15,000 /-
For more on Metropolitan Stock Exchange
http://www.rareindianshares.info/2017/07/metropolitan-stock-exchange-share-price.html
For more on Metropolitan Stock Exchange
http://www.rareindianshares.info/2017/07/metropolitan-stock-exchange-share-price.html
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Frick India - 2017-18 -Superb Results -EPS Rs 227/33p
please click
https://www.msei.in/ListingData/2018/FRICKINDIA/AN/180529_FRICKINDIA_AN_01.pdf
2017-18 EPS Rs.227 / 33 p
2017-18 EPS Rs.227 / 33 p
Q4 -2018 EPS - Rs.74 / 08 p
Dividend : 25%
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Frick India's ( 2017-18 ) Normal Profits Were Higher
Frick India , in 2017-18 , made an One Time ( Exceptional ) Provision of Rs 2cr 85 lakh.
Had this not been there the normal EPS would have been Rs.275 .
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Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study
General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure : The Blog writer in his / family names has holdings in this Company So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
Disclosure : The Blog writer in his / family names has holdings in this Company So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
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February 14, 2018
Games Promoters Play ( on Minority Public Shareholders ).
Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters.
1 ) Selective cancellation of Non Promoters shares.
2 ) Conversion of Equity shares in to Redeemable Preference Shares.
3 ) Consolidation of face value of one share to a Higher Denomination .
In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.
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If the Company feels that the rate it is offering is " FAIR " then it should , also , be willing to offer to sell its entire majority holding at that rate .
The minority share holders ( and other Indian share holders ) should have a Right of Pre emption at that " FAIR " rate.
For example if FCI OEN Connectors Limited feels that Rs.767 is a " fair rate " then Indian shareholders in general should be given an opportunity to form a SPV ( Special Purpose Vehicle ) Company which ( with suitable debt equity Leveraged Buy out ) and buy at the same rate the majority shares from the Promoters.
A period of 6 months should be kept for giving this opportunity to Non Promoter Indian shareholders
FCI OEN Connectors-Compulsory Buyback at Fraction Value
FCI OEN Connectors is the latest Company ( like Cadbury India ) to compulsorily eject loyal Non Promoter shareholders @ Rs.767 /- per share.
Real Valuation is Rs. 4000 + /- per share .
This anti Public shareholder move needs to be vigorously opposed
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We are grateful to Mr. PP Zibi Jose of
for taking up the issue
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Please click below for the entire fact sheet letter brilliantly written by Mr. Jose.
https://drive.google.com/open?id=0BxTiSqO5KwdeLUNYeW1qRHdTNUVrdUhkRXM0YS1kUTE1T0JZ
Real Valuation is Rs. 4000 + /- per share .
This anti Public shareholder move needs to be vigorously opposed
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We are grateful to Mr. PP Zibi Jose of
Tenrose Capital Services Ltd, Cochin
Tel - 0484- 2401685 ; 2401684 ( m ) 09388603877 email : tenrosekochi@gmail.comfor taking up the issue
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Please click below for the entire fact sheet letter brilliantly written by Mr. Jose.
https://drive.google.com/open?id=0BxTiSqO5KwdeLUNYeW1qRHdTNUVrdUhkRXM0YS1kUTE1T0JZ
for more , please click
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Ban All Face Value Consolidations to Higher Denominations
Whereas Split of the face value of one share to a Lower denomination should be allowed ,Consolidation to a Higher Denomination should be absolutely banned by SEBI.
Consolidation to a Higher Denomination was done by Binani Metals, Rasoi Limited , attempted by Digvijay Finlease ( later withdrawn under Public shareholders' pressure ) and , now, being attempted ( but opposed by shareholders ) of Macrofil Investments Ltd ( a Nusli Wadia Company ).
Consolidation to a Higher Denomination was done by Binani Metals, Rasoi Limited , attempted by Digvijay Finlease ( later withdrawn under Public shareholders' pressure ) and , now, being attempted ( but opposed by shareholders ) of Macrofil Investments Ltd ( a Nusli Wadia Company ).
Macrofil Investments rareindianshares.coLimited ( Nusli Wadia Investment Company )
Macrofil Investments is an Investment Holding Company of Nusli Wadia group ( Bombay Dyeing, Britannia , Bombay Burmah , National Peroxide etc ).
Marofil Investments holds ( on a very small capital base of Rs.44 Lakh ) inter alia one third of National Peroxides' Equity.
In the last one year Market price of shares of National Peroxide has gone up from Rs. 600 to Rs.2000.
Macrofil Investments has , very cleverly , devised a plan to consolidate face value of one share from Rs. 10 to Rs. 5000.
All the Non Promoter shareholders would be evicted.
The rate set is around Rs. 3400 per share. This has been worked out by Valuers appointed and paid by Macrofil Investments.
The realistic rate should be Rs. 10,000 + ( for Rs.10 share ).
file:///C:/Documents%20and%20Settings/admin/My%20Documents/Downloads/EGM%20NoticeMacrofil%20(2).pdf
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also , please read
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Share Activism is a step in the Right Direction. There is , always , a threat of oppression by the Majority shareholders ( Promoters )on Minority ( Public ) shareholders.
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old posts
October 13, 2017
Minority Shareholders' Activism- Zindabad- Fight Against Oppression
please click
https://www.bloombergquint.com/business/2017/10/12/billionaires-taken-to-task-by-rise-of-india-s-minority-investors
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Blog's old posts
Till date, the most powerful tool in the hands of minority shareholders has been bringing a suit for oppression and
mismanagement, said Suhail Nathani, managing partner, Economic Law Practice. "Under the 2013 Companies Act,
Section 245, over 100 shareholders can also file a class action suit but its application and enforcement is still nascent,"
he said.
Read more at:
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old posts
December 08, 2010
Asset Laden Holding / Investment Companies- Promoters Uninterested in True Value Unlocking
Promoters initially invite public investment by selling shares in their holding companies . These holding companies promote new companies Over a period of time their promoted ventures succeed and the original investment made by the holding company multiplies many times over in value .
Now , instead of genuinely sharing the wealth with all the stakeholders , non promoter minority share holders of original holding companies are treated by Promoters as UNWANTED , like poor relatives at a rich cousin's marriage party.
Now , instead of genuinely sharing the wealth with all the stakeholders , non promoter minority share holders of original holding companies are treated by Promoters as UNWANTED , like poor relatives at a rich cousin's marriage party.
for more , please click
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September 05, 2017
Justice Demanded by Small Investors From Asset Laden Investment Holding Companies - ET Link
please click the link
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HUM MEHNAT KASH ISS DUNIYA SE
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )
Saadda Haq , Ethey Rakh
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog
Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog
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