It is well-known how Anil's father, the late Dhirubhai Ambani managed to grow his empire and make a rags to riches story - thanks to his clout with politicians at the highest level (he's known to have had close ties with both Indira and Rajiv Gandhi). The Ambanis are masters in cultivating mutually beneficial ties with top political leaders for effecting policy changes in sectors the Ambanis invest. Post-split Anil's ADAG firms have mostly fared poorly, compared with Mukesh's firms. Instead of providing handsome returns to investors (yes, to Dhirubhai's credit, Reliance shares usually gave best returns in the 1980s-90s), the split has eroded the opportunities for wealth creation for both these warring Groups.
Anyone can invest or de invest in any company when ever they choose provided they do not use specific insider information for a particular trade ... What is their to investigate when MF s and Investment corps decided not to invest ADAG ...
Ambani brothers have sucked up all wealth at a cost of ordinary people hard work. No body can compete against them and also they bribed to all government and sebi people to make them more wealthy. I hope that ordinary people sell their stocks to teach lesson.
Re: Ambani: Bears caused Rs 3 lakh crore loss, probe sought
by West Indian on Feb 10, 2011 07:46 PM
Dear PM. It's not ambani bros, but cangress has sucked all. Plz add the money made by politicians that you are aware off. And only in past 7 years of Cang govt. There is so much that you unaware off. You need not be prejudicial only to x and y.
who was the bear in today's market session!!! come on mr. anil and gautam... we all know why the price shot up!! prior to announcing buyback... u've already pocketed 30 lac shares in your kitty! it was so obvious that after the news ystrdy... nobody would dare to throw money in your company! and about auditors... your rotational policy of auditors is just a ploy to improve your image in the eyes of SEBI and ICAI but u have no running away. and there is no doubt over why did u select haribhakti as your auditors for the nxt FY.. mr shailesh has bagged audits worth almost rs.20cr this year from pw. the truth shall be read loud!!
The same 'rumour-mongering unscrupulous elements contribute to the sharp rise in the stock prices'too.Why these guys will never come up when stock prices jumps,and says that 'uunscrupulous elements' and cuation the investors ??
If bears or bear manipulators have guts, then spread some rumours about Mukesh's Reliance industries and go for hammer, then we will see what happens. All regultor will come in the channels, FM will appear etc.. If guts, go and hammer Reliance Industries, we will see what happens. In yesterday's blood path, all the retail investors, small traders who are normally not bears etc.. lost heavily. Now regulator can do only thing, cancel all the trades happened in ADAG stocks on yesterday and compensate the losses of the retail investors, small traders. Wait for what happens
Re: If you have guts
by Santosh Patil on Feb 10, 2011 06:01 PM
Moral of the story is small investors would not touch Anil Ambani Group shares even with a barge pole.Even other wise it is better to have shares of MNCs as we can always trust them
Poor Retail investor is affected and it seems there is no end to hammering.Government is totally silent on all these. Had Mr.P Chidambaram there as FM,he would have stopped it.
