August 31, 2017

The results of Filatex Fashions buying Vogue4all- wealth destruction

http://logtk.blogspot.in/2016/11/filatex-fashions-vogue4all-fraud-avoid.html

As I had warned 18 months back,

https://www.google.com/finance?q=532022&ei=jxuoWfDFIoyKuwTl3IbIBQ



If you see the share price of Filatex since 2015, you will understand that the promoters have emptied the treasury of this company. They have siphoned away money and destroyed this company.

And they get fly-by-night brokerage companies to send sms' to people advertising about such companies.




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Want to make money in the stock market?

Then check the websites below.
The most important advice to make money in the stock market
Equitymaster  (Paid stock advisory services better than Osar capital)
Sanjay Bakshi, a successful value investor
Rakesh jhunjhunwala
Capital Ideas online Value investor Chetan Parikh
Basant Maheshwari, Value investor

June 28, 2017

Another pump and dump scam- SFL INTER (BSE 530867)

Got a sms today (3, actually) from AM-EQUSTR trying to persuade me to buy 5000 shares of SFL Intl Ltd

This company is a "Clothes and fabric manufacturer in Ahmedabad, India".

So this company's stock price is on the decline since the past 2 years (at a time when there is a bull market). 

So what does this mean? It means that the promoters are fooling their shareholders in this company.

In addition to not adding value, they are now running a pump and dump scam (for an example, see http://logtk.blogspot.in/2017/01/stocktips-arnavcorp-munafa-research-and.html )

STAY AWAY FROM SFL INTL.

If you can, put in a complaint to SEBI at sebi@sebi.gov.in

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Want to make money in the stock market?

Then check the websites below.
The most important advice to make money in the stock market
Equitymaster  (Paid stock advisory services better than Osar capital)
Sanjay Bakshi, a successful value investor
Rakesh jhunjhunwala
Capital Ideas online Value investor Chetan Parikh
Basant Maheshwari, Value investor

April 11, 2017

AVOID Restocks.in. FRAUD ALERT

DO NOT ENTERTAIN ANY CALLS FROM Restocks, in

They are not a SEBI registered investment advisory.


Restocks,in DOES NOT have a SEBI REGISTRATION NUMBER.



DO NOT INVEST YOUR MONEY WITH THESE COMPANIES.


You will lose your capital.

Is this company to be trusted? NO.

Growthpicks.in does not have a SEBI investment advisory registration number.



RED FLAGS

I checked our their website and there is no information

No details on

-who the team is
-what is their experience
-where have they learnt their investment trade
-why should I trust their advice
-where is their office
-what are their contact numbers? Given
-SEBI registration number


DO YOUR RESEARCH BEFORE TRUSTING THIS COMPANY.


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Want to make money in the stock market?

Then check the websites below.
The most important advice to make money in the stock market
Sanjay Bakshi, a successful value investor
Rakesh jhunjhunwala
Capital Ideas online Value investor Chetan Parikh
Basant Maheshwari, Value investor

March 10, 2017

Arnab's Republic, thewire article archived copy link is provided

Please click the link to read the article. Do hope that Thewire wins the case. I will remove the link once the article is up again on the wire.

http://archive.is/ayuDs


March 2, 2017

Rise and fall of mansukh shah TOI


For reasons best known to TOI, this article page shows a not found error. Why would you delete an article after you have published it? Pressure?

The rise and fall of Mansukh Shah Prashant Rupera | TNN | Mar 1, 2017, 04.00 AM ISTVadodara: In the early 1990s, Mansukh Shah, had just completed his dental studies from Ahmedabad. Shah, who belonged to a middle-class Jain family, started with a small dental practice on the second floor of an old building at Anandpura near SSG Hospital.But fortune was on his way when he purchased a piece of land at Piparia in Waghodia taluka in the late 1990s, where he started a dental college which expanded rapidly.As money poured in, with students taking admission in this college, he started Dhiraj General Hospital.

It was in 2003, he got permission to start a medical college which was the real breakthrough for him. This medical college started enrolling former professors from Baroda Medical College. Shah, who is said to be enjoying good connections with higher-ups in the Medical Council of India (MCI) - the regulatory body of medical education in the country, used to keep his finances under close wrap.

In medical fraternity of Gujarat, it is said that a former big shot of MCI, is his partner.In fact, nobody was allowed to meet him in his chamber or enter the campus, with a mobile phone or a video recorder. As Sumandeep Vidyapeeth, received deemed university status, Shah became its founder chancellor while family members and close friends were appointed to other posts of the university.The current president of MCI Dr Jayshree Mehta was the founder vice-chancellor of this university.

This deemed university has a sprawling campus which houses six constituent colleges including that of dental, physiotherapy, pharmacy, nursing and management apart from a general hospital.Two years back the university, even received an 'A' grade accreditation from the National Assessment and Accreditation Council (NAAC).


http://ahmedabadmirror.indiatimes.com/ahmedabad/others/medical-college-chief-accepts-bribe-held/articleshow/57380733.cms

In medical fraternity of Gujarat, it is said that a former big shot of MCI, is his partner.
In fact, nobody was allowed to meet him in his chamber or enter the campus, with a mobile phone or a video recorder. As Sumandeep Vidyapeeth, received deemed university status, Shah became its founder chancellor while family members and close friends were appointed on other posts of the university.
The current president of MCI Dr Jayshree Mehta was the founder vice-chancellor of this university. This deemed university has a sprawling campus which houses six constituent colleges including that of dental, physiotherapy, pharmacy, nursing and management apart from a general hospital.
Two years back the university, even received an 'A' grade accreditation from the National Assessment and Accreditation Council (NAAC).