In India to be the CEO of a company you should be media savvy. Or you should be brave enough to completely ignore the media and work hard on the company’s fortunes. That is your job right?
However if you are not so English savvy and you come on TV, they will annihilate you. Even simple, not very sharp media people can hurt you. Hurt you real bad.
In one company called VRL Logistics…the CEO/ Promoter made a statement..which was interpreted by the media as “we will enter the aviation business ..and we do not much care for what the shareholders think”. Well it got conveyed like that. I did not watch the original…but saw the price fall from the mid 400s to mid 200s. Well it hit a low of 252…but I had already bought it at 277 and was wondering whether I made a mistake. Today it is at 300. I do think that the promoter is good – but that is a personal call..I have no clue whether the share will go back to 480. I am sure that I am happy with the 10% return that I am sitting on in a matter of 2 weeks..
thank you Media, I love you. First time paid media paid me 🙂
Post Footer automatically generated by Add Post Footer Plugin for wordpress.