I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of HBL Power Systems Ltd.

YEAR EVENTS 1986 - The Comp. was incorporated on August 29th, by Dr. A.J. Prasad, K.S. Varaprasada Reddy & five others. The Comp. obtained the certificate for Commencement of Business on 22nd September.

- The Company objects is to manufacture of Nickel Cadmium Pocket plate batteries.

1991 - The Comp. undertook to set up facilities for manufacture of uninterupted power systems [UPSs] of 10 KVA & above with an installed capacity of 200 units per annum. It was also proposed to widen its range of manufacture of storage batteries to include products such as sealed lead acid batteries. The project is to housed alongside the existing facilities at Lalgadi, Malakpet village, Shameerpet Mandal, Ramga Reddy district, AP.

- The Comp. entered into an arrangement with NIFE, AB of Sweden for manufacture of UPS. The technology adopted was the transistorised pulse width modulation [PWMs] as against thyristorised technology conventionally adopted.

- 30,00,000 No. of equity shares issued to promoters of which 8,08,000 shares allotted to foreign promoters viz. NIFE AB, Sweden 30,00,000 No. of equity shares were then issued at par in February 1992 of which the following were reserved for allotment in preferential basis:

- [1s] 1,50,000 shares to employees [all were taken ups];

- [2s] 2,70,000 shares to Swedfund on repatriation basis [all were taken ups]. Balance 25,50,000 shares were issued to the public. Another 4,50,000 shares allotted to retain oversubscription [53,800 shares to employees & 3,96,200 shares to publics].

2002

-Mr P Satish Kumar appointed as Director of Company.

2003

-The 4.03 per cent foreign promoter stake in HBL Nife Power Systems Ltd, has been taken over by promoters of company