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 Lan Eseda Industries Ltd.

YEAR EVENTS 1990 - The Comp. was incorporated on 25th June, at Hyderabad in the state of Andhra Pradesh. It was promoted by Dr. K.M. Pai, K.N. Gopikrishnan & M.V. Kotappa.

- The main object of Comp. is to design, develop, sell & export computer software & to promote institutions for imparting education in computers and allied activities.

- [is] The Comp. undertook to estblish 100% software export unit to be located at the Government Sponsored Software Technology Park in Pune.

- [iis] The Comp. had established four software development and training centres in the cities of Bangalore, Baroda, Hydrabad & Chennai. The Software development covers wide renge of areas including UNIX, LAN, ORACLE, CAD, etc., supported by over 245 information technology professionals. The Comp. has a tie-up with Information Systems Group [ISGs] New York, USA. Software programmes & computer courses were conceptulised, designed and developed by ISG. The Pratt Institute of New York, USA, has evaluated the course curriculam & training systems & ISG certification. Pratt Institute has confirmed to transfer credit for Lan Eseda students who wish to attend Pratt. The Company was in the process of implementing information technology training cources in Singapore, Malaysia & Indonesia.

- [iiis] The Comp. was engagedd in the development of software in areas such as data processing, distributed data bases, image processing graphics & expert systems for companies research establishments, banks & institutions. 1991 - The Comp. granted franchises for setting up centre for software development & training & computer education.

- The Comp. proposed to set up a coal-based sponge iron plant of 1,50,000 tpa. at Gondia near Nagpur, in collaboration [including equity participations] with Lurgi Chemie-Metallurgie Industriebau GmbH of Germany.

- The Comp. promoter Cauvery Software Engineering Systems, Ltds., as another foray into the inforamation technology business.

- The Comp. had invested in Uniport Computers Ltd., which will undertake manufacture of system integration/computers, monitors & populated PCBs. The Comp. had also invested in Lan Eseda Compueronix, Ltd., which will manufacture system integration/computers, laptop computers etc., for export purposes.

- 70 shares subscribed by promoters etc. 33,49,930 shares then issued at par of which 15,49,930 shares reserved & allotted on firm basis to promoters, their friends & relatives. Of the remaining 18,00,000 shares, 1,67,500 shares were reserved and allotted on preferential basis to employees. The balance 16,32,500 shares offered to the public in April. Additional 5,02,500 shares allotted to retain oversubscription, [2,32,500 shares to promoters & 2,47,200 shares to the publics].

1992 - The Comp. signed a Memorandum of Understadning with Digital Image Inc., USA for software projects in Alliant Parallel Super Computer System. Under the agreement, the Comp. would instal in Indian an FX-2812 super computer system costing US $ 2.4 million. This system would be used for turnkey software projects for its US clients. Another Memorandum of Understanding was signed with Bilden Billsgisayar of Turkey for [is] marketisng Lan Esenda software products in Turkey; [iis] adaption of Lan Eseda computer based trading programmes in Turkish language; [iiis] joint development of Turkish education market & [ivs] supply of specific tutoring tools for local training agencies.

1993 - In order to finance the sponge iron project & to provide working capital margin, the Comp. offered during May, 8,09,02,500 rights equity shares of Rs.10 each, at a premium of Rs.15 per share in the prop. of 21:1. A total number of 7,59,47,229 shares were allotted as on 21st August.