Post Delisting Options

Some time back we had made a case link for avoiding the delisting theme since we thought the current regulations are 1) flawed and 2) significantly favourable to promoters.

A swan or an Ugly Duckling ??

In Feb 2012, the promoters of Numeric Power (now Swelect Energy Systems) chose to sell its core UPS business (roughly 90% of revenues and profits) to Legrand for ~ 825 cr through a slump sale.

Is this a fat Pitch?

Buffet has been frequently quoted on his strategy of swinging hard at a fat pitch (a juicy full toss for us Indian cricket lovers) when the right opportunity presents itself. Likewise, we have been swinging hard at two recent open offers where we believe the odds to be quite favorable. Needless to say that this post needs to be seen in light of our vested interests. 

Please mind the Gap

First up a disclosure – This post is about a company whose business falls way outside our circle of competence (its more like a dot of competence J in our case). However, we are still inclined to stick our neck out because Mr. Market’s behavior (or rather the lack of it) has surprised us. Your views are sought to lend greater clarity to our thoughts.

A brush with (Brain) death

This post talks about the role of “shit happens” in special situations

Extraordinary Popular Delusions

Last year the Atlas Copco delisting made us great returns!!

Licensed to Speculate!!

This post talks about an untouchable sector, the institutional imperative and the art of speculation in long term investing (ironical isn't it!)

Hic...Hic..Hurray !!!

This post elaborates a probabilistic thinking framework we used to evaluate an idea. Worked well in the end, but with dollops of luck!

An Introduction

Welcome,

A joint effort of Abhinav Mansinghka and Niren Parekh this blog will focus on thoughts & investment opportunities in the Indian equity market. “Manufactured Luck” as the name suggests is the basis of our investment philosophy.