Please read :-
As a company , Kingfisher Airlines seems to have very little assets left . There are mountains of debt, court cases and a massive negative image.
In our view , KFA shares have no value left
October 23, 2012
Vijay Mallya Should Save Kingfisher a la Sir Dorabji Tata
Investors feel that Vijay Mallya has adequate resources to rescue Kingfisher .Vijay should follow the noble precedent set by Sir Dorabji Tata
( Once during the Great recession of 1920 s Sir Dorabji Tata pledged family jewelery to pay on time salaries etc ) of Tata Steel ( then known as Tata Iron And Steel Company Limited ).
Please read this from Tata`s Official Site :-
Sir Dorab`s commitment to his father`s vision and values was so strong that he staked his personal fortune to save the steel venture when, in 1924, it slipped into trouble. His business sense and audacity had seen the company undertaking a five-fold expansion programme in the post-World War I period. Spiralling costs combined with transport and labour difficulties in the West upset Sir Dorab’s calculations. At about this time, the company’s largest pig iron customer, Japan, was struck by an earthquake and steel prices tumbled.
It got to a point when there was not enough money to pay his workers’ wages. Sir Dorab pledged his entire personal fortune worth, about Rs1 crore and including his wife’s personal jewellery, to obtain a loan. Tata Iron and Steel secured support from unexpected quarters — among those backing the company were Jawaharlal Nehru and Mohammed Ali Jinnah, the future leaders of independent India and Pakistan — and it survived the crisis.
Credit : http://t.in.com/dhXR
Blog Old Posts
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February 27, 2016
Vijay Mallya - Many Facets of His Personality - Brilliance Also
How Vijay Mallya inherited an empire and proceeded to lose it
Ashwani Kumar Aggarwal
Scottish & Newcastle ) were brought in. Phenomenal share holder value was unlocked. Similarly , in the case of McDowell and Co. We held shares in Carew and Co. ( merged with McDowell ) . The struggle with Chhabrias for control of Shah Wallace brought forth the fighter in Vijay Mallya.
My Memories :-
At the Court convened meeting of shareholders for merger of Punjab Breweries with United Breweries I put forth a point that Post merger , Ludhiana factory be , always , referred as United Breweries ( Unit Punjab Breweries ,Ludhiana ) so that the word Punjab always remains. I have never taken liquor. But when ever , around Punjab , I see a Bottle of Kingfisher Beer , I read ( now with Specs ) on the label the words Unit Punjab Breweries.
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 / blog writer.