India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => India Stocks and Shares => Topic started by: sunil on March 04, 2015, 12:06:51 PM
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Without Any Doubt we can assure you that Corrupt Bureaucrats in the Government of India led by Mr. Starch Clean Narendra Modi and Coal Ministry officials are involved in Coal India Insider Trading before the announcement of Interim Dividend of Rs 20.7/share.
What is the Proof that Insider Trading has Happened before Coal India Dividend was Announced ?
The Announcement of Dividend came only after Market Hours on Feb 27th according to Filing with the BSE
Board declares Interim Dividend Corp. Action 16:03
(http://www.dalalstreet.biz/mag/wp-content/uploads/2015/03/bse-coal-india.png)
However, the Stock Price had already shot up on 27th Feb Trading and we suspect Corrupt Bureaucrats and Coal Ministry Officials are Involved in the Insider Trading which SEBI must investigate, but SEBI appears to be more corrupt than IAS officers and Politicians.
(http://www.dalalstreet.biz/mag/wp-content/uploads/2015/03/coal-india-chart.png)
Coal India Ltd paid Rs29/share as interim dividend in FY14 but did not pay a final dividend. CIL has not said whether it will pay a final dividend in FY15E.