DIFFERENT Strokes from Indian promoters

A new trend in Indian Corporate sector has gained momentum where in promoters have found a legal tool to loot minority shareholders. Now, Numeric Power has agreed to sell its core business wherein valuations work out to nearly Rs 800 per share. Why promoters did not sell equity stake and exited so that minority shareholders also would have got Rs 800 for their holdings from this foreign entity? By selling only the business, promoters will be sole decision makers how to deploy (or siphon off) the cash. Naturally, there may be some minor dividend as condolence for the demise of minority shareholders wealth. Every promoter claims that proceeds from sale of existing business (nurtured over several decades) will be used for some new business. It is like killing your grown-up kid and planning for another pregnancy..

BOROSIL GLASS Ltd got 629 cr for land sale. Now promoters are using part of this money for buyback of shares although equity is less than 4 cr. It is very common in India where promoters (prior to such grandiose announcements like land sale etc) buy shares from open market and park benami with some brokers. And then tender such shares in market buyback to make further killing. At operational level in Q3, company has made loss of 3.54 cr although prior to land sale it used to report some small profit. Only with other income of 12.51 cr, there is Pat of just 3.32 cr. Minority shareholders must be in fo greatest shock of their life. It is like waiting for nine months to get over to expect a healthy baby child but instead, boulder comes out. There is no dearth of shameless robber-barons in India. KANORIA CHEMICALS got 830 cr for sale of chloroalkali business and company has shown LOSS of 97 laks in Q3 despite other income of 6 cr. However, no one is throwing brickbats at such financial terrorists.

It is really appalling that so many Indian promoters are adept at showing profits which are too good to be true and auditors/analysts never detect devious methods of such economic offenders. ARSS raised large amounts from IPO and subsequently showed (not achieved) Eps of more than Rs 100/. Naturally share price sky-rocketed and promoters must have sold their benami holdings. Now, promoters want pound of flesh from their lenders also and have shown loss of 12 cr in Q3 (whereas co used to show quarterly profits of 20-25 cr) so that bankers give in easily to accede to CDR demands of company. Company could not succeed in coming out with IPO of its unlisted entity (as per our sources wanted Rs 500 as IPO price and had already cheated several investors by placing shares in grey market @ 200) and hence losses in listed entity. ICSA was a constant sell by this writer when its share price was in 3 digits and when several analysts used to churn out buy reports. This writer had always doubted credential of promoters. A company which used to show huge profits has now reported all of a sudden LOSS of 33 cr in Q3. Showing losses is easiest way to force lenders to grant big waivers. On equity of 97 cr, GTL Ltd has shown LOSS of 110 cr for Q3. Either profits being reported earlier were not genuine or now losses being reported are not genuine. But scrip seems to have become a favorite of casino-addicted speculators. Promoters make some announcement and share price goes up for few days. DONT BUY.  Don�t befriend someone who is suspected of HIV Virus. Rather pay more and make friend with another clean one. Big is not Beautiful particularly when huge debt makes you big. Adityabirla chemical had earlier reported Pat of 62 cr. Then promoters decide pay 830 cr to buy another companys business. Now, company has reported LOSS of 6.20 cr for Q3.

 source: H.K. GUPTA

Device eth0 has different MAC address than expected ignoring

Different Skeletons Devils

DIFFERENT TRANSMISSION RANGE FOR NODES IN ONE SIMULATION

Most of my online friends asked me that "is any way to increase transmission range of nodes in one simulation??".Here, we are showing a simple scenario and test sample script for this.

Scenario:
Two wireless nodes n0 and n1 are placed into a flat area and have distance of 200m. Both nodes send packets with the same transmission power, but have different receiving range. I set n0s receiving range to 250m, and its carrier sensing range to 550m. n1s receiving range is 160m, and its carrier sensing range is 400m.

EXPLANATION OF RESULT:

Both nodes try to send exactly one packet to the other using DSR. Because there is no bi-directional connection exist, the actual data connection could not be be established (DSR needs a bi-directional connection for route discovery). However, we can verify the difference of two transmission ranges by observing the reachability of DSR RREQ packets broadcast by each node.


The first connection starts at the 1st second, from n0 to n1. The second connection starts at the 5th second, from n1 to n0. By analyzing the trace file, I found that the all RREQ packets from n0 were not heard by n1. But all RREQ packets sent by n1 were successfully received by n0. This makes sense because n1s receiving ranges (160m) is samller than its distance to n0 (200m), thus it cannot heard any packet from n0. However, because n0s receiving range (250m) is bigger than the distance, it can hear RREQ from n1. n0 also sent out replies to n1, but n1 could not heard it.

For sample TCL Script, Click here

Different Format specifiers available in C except for usual one