https://www.desidime.com/comments/permalink/10498987
what if something that you bought for about 18.66 could be sold for 1152.80 in about 367 days?
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This, definitely is not the question which some of the promoters and insiders (investors) of Bharat Global Developers Limited are pondering over.
Some of them already did it!
Obviously the stock had/has barely any float, so this was not about the investments.
This was out and out ..classic.. 'valuations' rigging,
to increase leverage using the valuations.
(Everyone from Papaearth, Adani Group to ByeJuice EdTech did it, does it.)
Once the running business is shown to have (unrealistic) fake/inflated valuations, it is a cakewalk to fuel the business with higher leverage (debt) or even conveniently siphon funds off.
#satyam #maytas is not that far off in history.
Some of them already did it!
Obviously the stock had/has barely any float, so this was not about the investments.
This was out and out ..classic.. 'valuations' rigging,
to increase leverage using the valuations.
(Everyone from Papaearth, Adani Group to ByeJuice EdTech did it, does it.)
Once the running business is shown to have (unrealistic) fake/inflated valuations, it is a cakewalk to fuel the business with higher leverage (debt) or even conveniently siphon funds off.
#satyam #maytas is not that far off in history.
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https://www.desidime.com/comments/permalink/10499000
Guess someone behind the scenes is the engine for the 6000% plus increase in the stock price in the past year.
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Who is behind Elon Musk success ?
We indians criticize own billionaires while whole world praise them.
That's why maximum number of good mind leaves indian and make buisness outside the india.
Now adani is also investing 10 billion dollars in america.
Who is behind Elon Musk success ?
We indians criticize own billionaires while whole world praise them.
That's why maximum number of good mind leaves indian and make buisness outside the india.
Now adani is also investing 10 billion dollars in america.
I am not against the indian billionaire, but they only have politics power, they are not doing something new. They just sell oil, atta, if talking about adani. Elon must works on Tesla Car, doing space research and become businessman. Hope you get the difference. He is not less than a scientist. Billionaire in USA are become billionaire by doing some new creative business, such as Mark Jukerberg, Jeff Bezos. The billionaire in China has half of the wealth what Ambani owns. In india most of the money are within few people only, and opportunities also within them, though in china all people get equal opportunity - this is informed me by soomeone who spend 10 years in China.