Adani: A $130 Billion Scandal

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ColdFusion

ColdFusion

Күн бұрын

Пікірлер: 4 400
@JanneWolterbeek
@JanneWolterbeek Жыл бұрын
Hindenburg Research really has become the corporate world’s grim reaper.
@Tsug2803
@Tsug2803 Жыл бұрын
They are short sellers and have not been correct always
@JanneWolterbeek
@JanneWolterbeek Жыл бұрын
@@Tsug2803 you are right, I am not saying they are saints!
@mafiaboy011
@mafiaboy011 Жыл бұрын
They are there for the money so dont trust blindly
@parassaini9748
@parassaini9748 Жыл бұрын
Where are the offices of hindenburg.
@bulthaosen1169
@bulthaosen1169 Жыл бұрын
@@JanneWolterbeek not really the stocks are rising again. Any decent analyst would have know after going through the report that many things were without any evidence. Most of his companies have strong cash flows and makes profits. Also they have large growth ceiling. The stocks were overvalued though IMO so some corrections needed to happen. But fraud? I doubt it.
@kapilsharmaWorld_uncensored
@kapilsharmaWorld_uncensored Жыл бұрын
In case you don't know, the biggest red flag is the auditor of Adani. A tiny office with 23 old financial accountant approving audit of a billion dollars firm.
@RahulThakur-nm8bj
@RahulThakur-nm8bj Жыл бұрын
Do you know how many employees are in Hidenberg ?
@Omer1996E.C
@Omer1996E.C Жыл бұрын
Shhhhh, don't let ChatGPT hear you
@renthokstu
@renthokstu Жыл бұрын
@@RahulThakur-nm8bj 5 ppl lol.😂😂😂
@kapilsharmaWorld_uncensored
@kapilsharmaWorld_uncensored Жыл бұрын
@@RahulThakur-nm8bj Hindenburg isn't a multiple billion dollar conglomerate. Adani is.
@Trident33
@Trident33 Жыл бұрын
It doesn’t matter how many employees accounting firm have!!
@mikkelnpetersen
@mikkelnpetersen Жыл бұрын
When a company grows faster than what looks natural, there's usually something shady behind it.
@manipurextremz
@manipurextremz Жыл бұрын
That is not a rule!
@predatorishi
@predatorishi Жыл бұрын
There is always shady things in every corporate, govt and regardless of countries. What do you think about healthcare/insurance scam of United States? you just need to cover things up properly when shit hits the fan. So what is natural LMAO
@itsmeagain0
@itsmeagain0 Жыл бұрын
Talk to the kid who always seemed dumb until 10th standard and blew up to the news for his intelligence in 11th and 12th standards. It's not black and white. If there's something then there's something otherwise there isn't.
@asingha94
@asingha94 Жыл бұрын
They grow faster casue they're good at business
@Ronin-111
@Ronin-111 Жыл бұрын
​@@manipurextremz That's a fact 🤷
@kelvinmuthomi8658
@kelvinmuthomi8658 4 ай бұрын
Kenyans camp here 🇰🇪
@BM7-j7m
@BM7-j7m 4 ай бұрын
Hawa tutawafagia . No room for them to control Kenya
@EmmanuelBurudi
@EmmanuelBurudi 4 ай бұрын
Adani has already taken jkia, wish we knew this.
@samikadar
@samikadar 4 ай бұрын
Adani will never take JKIA, Kenya is not Ruto's personal property.
@joejoeh
@joejoeh 4 ай бұрын
Damn
@4custaywithme
@4custaywithme 4 ай бұрын
@@EmmanuelBurudi [a done deal]
@ALT-vz3jn
@ALT-vz3jn Жыл бұрын
I get the idea that producing such a report could be seen as potentially unethical on Hindenburg’s part, but Adani Enterprises’ illegal activities are so egregious that anyone not calling them out would have an even bigger ethical issue on their hands IMO. I don’t care if Hindenburg made some money off of telling the truth and exposing this family of con artists.
@ThirdLife86
@ThirdLife86 Жыл бұрын
Isn't this the best combination overall ? Fucking up some scumbags and making money in the process ? Sounds like the perfect thing to do.😂
@harounhajem7972
@harounhajem7972 Жыл бұрын
Yeah thought the same thing. Would you let a criminal company continue operating for the greater good? No. This is what a healthy capitalistic society need to do. Adani wasn't the correct person to run all those companies. Now let someone else run them.
@juandavidgilwiedman
@juandavidgilwiedman Жыл бұрын
Well, they Hinderburg group sure is making a ton of money while exposing fraud. Punishing and shaming publicly while getting paid, that is sonething I can understand and would forgive. Those guys are stealing the whole country
@Atheismo9760
@Atheismo9760 Жыл бұрын
Nothing is more evil than ESG
@akay435
@akay435 Жыл бұрын
@@ThirdLife86 Not really since the one who are really hit by the kind of news are general public who invest on hype and pull out on hype. Those scumbags typically have the balls to stay invested for longer and even buy the poor retail investors share for a potential recovery which often occurs if a company is so big that sometimes the state has to come make it re float.
@sahajjoshi33
@sahajjoshi33 Жыл бұрын
Whenever I see news of something big happening around the world.. I kinda expect a coldfusion video immediately.😅
@lorenzomizushal3980
@lorenzomizushal3980 Жыл бұрын
Yeah, this guy is good at regurgitating already available information with his sexy voice.
@EricDavidRocks
@EricDavidRocks Жыл бұрын
Agree, but in reverse, I get info from global news from here first, then go follow up online. ​As for @Lorenzo MIzushal where is this information already available in one location, words as well as video? -- I'd call this summarizing and curating, not regurgitating: that's what gets your video a copyright strike.
@xxDxxism
@xxDxxism Жыл бұрын
@@lorenzomizushal3980 sometimes you rather watch summarised info in video format than scrolls of text
@ArawnOfAnnwn
@ArawnOfAnnwn Жыл бұрын
@@lorenzomizushal3980 You make him sound like a ripoff. Summarizing and presenting disparate information is a valued skill in itself you know. Companies literally pay their management staff to do just that. Plenty of other channels do the same. Most non-YT media also does this, with only a bit of original investigative journalism on top (even new orgs that do the investigation stories mostly subsist off of run-of-the-mill newscasting, with the investigative journalism working as a very occasional BIG BREAK just to help build their brand rather than all they do).
@nachiketmore3375
@nachiketmore3375 Жыл бұрын
I also expect a coldfusion video immediately but i know he will make a videos few days later with solid research
@Ice_Karma
@Ice_Karma Жыл бұрын
Assuming I'm understanding things correctly, and that things are all above-board, Hindenburg seems to have a wild MO: Investigate fraudulent companies, tell the world, and short them on their way down?
@ronaldom2239
@ronaldom2239 Жыл бұрын
gotta respect the grind
@symmetricshaman
@symmetricshaman Жыл бұрын
Yes, they are pretty open about it. They take a short position on shady companies, expose them, and make a profit.
@PenguinDT
@PenguinDT Жыл бұрын
It's basically 'white hat hacking' of finance. I love it, I'd rather see scambusters get paid than the scammers.
@harounhajem7972
@harounhajem7972 Жыл бұрын
Nothing wrong with that if the allegations are correctly, that's why It need to hold in court. That's how you keep a market healthy, it's a self regulating capitalism.
@maboo736
@maboo736 Жыл бұрын
Conflict of interest at the very best
@DonLee1980
@DonLee1980 Жыл бұрын
If India really wanted to prosper and grow, it'll first need to get rid of this kind of corruption.
@piyushbaroliya7153
@piyushbaroliya7153 Жыл бұрын
As an Indian. Absolutely correct.
@paragpatel8381
@paragpatel8381 Жыл бұрын
Adani and Ambani are the reason modi is still in Government. They are the ones who funded modi election campaign in 2014.
@afrofantom6631
@afrofantom6631 Жыл бұрын
absolutely correct, adani is also buying out modis media detractors@@paragpatel8381
@simpleeasyartworks1361
@simpleeasyartworks1361 11 ай бұрын
As an Indian I can confirm that won't happen
@iotaayushshrivastava114
@iotaayushshrivastava114 11 ай бұрын
Haha 😆👍🏾
@nikhilxd362
@nikhilxd362 Жыл бұрын
Adani enterprises is the only non govt company who has govt employees working with them. 😭😂
@ogviv
@ogviv Жыл бұрын
🤣😂
@amritsinghminhas8355
@amritsinghminhas8355 Жыл бұрын
What about Reliance all the senior board members of Indian government Petro refineries are immediately hired by them on their retirement
@nikhilxd362
@nikhilxd362 Жыл бұрын
@@amritsinghminhas8355 bru 💀 you didn't get that one
@LeQuack911
@LeQuack911 Жыл бұрын
Lpc hindu
@venub7905
@venub7905 Жыл бұрын
True 😂😂
@brahim119
@brahim119 Жыл бұрын
*_“Behind every great fortune there is a crime.”_* ― *Honoré de Balzac,* French novelist and playwright, and one of the founder of the realism in European literature.
@lbcck2527
@lbcck2527 Жыл бұрын
every great fortune? I'll wait for Hinderburg's report on Elon Musk and his list of companies then 🙂
@durshurrikun150
@durshurrikun150 Жыл бұрын
@@lbcck2527 Yes, that is correct.
@recks1151
@recks1151 Жыл бұрын
he sounds like a loser
@thesauce1682
@thesauce1682 Жыл бұрын
if there is a billionare from a third world country, there's a corruption involved
@harounhajem7972
@harounhajem7972 Жыл бұрын
That is pretty biased opinion.
@samszulman7851
@samszulman7851 Жыл бұрын
Many of us did not trust the Adani Group even 12 years ago. Too many times they have faced fines for ignoring regulations, especially on environmental issues. This company has certainly always existed on the edges of legal boundaries and I am confident that at some point, even the Indian Government will back away.
@XcpB78
@XcpB78 Жыл бұрын
The majority party in the indian parliament is the "BJP" and "BJP' and the adani have very good connections also one of the partys biggeset donar. Since there are elections for parliamnet like us 2024 elections "BJP" will support adani to fund their campaign . the media in our cuntry is called "godi media" 'godi=lap' and they have done everything to protect adani , glorifying the pm and demonizing "George Soros" so in the near future this thing is not likly to occur
@aniketprasad3128
@aniketprasad3128 Жыл бұрын
They will, once it's not too big to fail
@Rahulbhati333
@Rahulbhati333 Жыл бұрын
12 years ago there was not currect goverment how they manage to escape? this is tradition to connect every B to G. Elon cant but B if USA dont support him thats the fact so Biden is the Puppet of Elon ?
@kaustubhraizada
@kaustubhraizada Жыл бұрын
Indian gov ruling party is financed by adani , prime minister is a old friend of adani 🤣
@ggoddkkiller1342
@ggoddkkiller1342 Жыл бұрын
They are same wickedness, so they can't abandon Adani without exposing themselves as well...
@spikeamer
@spikeamer Жыл бұрын
Thanks for pointing out both sides of the story, something that most other media and bloggers have failed to do.
@krishanuA
@krishanuA Жыл бұрын
Absolutely!
@bad_money
@bad_money Жыл бұрын
Hindenburg Adani episode may, in fact be good for the economy as it will force others to be mere transparent and forthcoming in their dealings.
@madhatter8761
@madhatter8761 Жыл бұрын
Not as long as the country has a corrupt PM with a cult like following of misguided Indians. The country has a colonial past and the people have a lot of anger and resentment. The PM has created this nationalist illusion saying the country is growing under him. But in reality there is massive unemployment and increasing wealth gap. The growth in the economy is the growth of few crony capitalists like mr. Adani
@elcidleon6500
@elcidleon6500 Жыл бұрын
Not really when you have Blackrock meddling with every corporation in the world.
@poetryflynn3712
@poetryflynn3712 Жыл бұрын
Yeah, that's not how it works. We have one of these "big scams" every five years or so.
@nitin1947
@nitin1947 Жыл бұрын
Nothing will happen as long as Modi is in power. He will do everything to protect adani.
@kurshymaster3408
@kurshymaster3408 Жыл бұрын
@@nitin1947 , he lost his slush fund investment and almost 60-75% wiped off... Swoosh gone !! That in itself is enough 😂😂 , the additional sleepless nights both modanis must be going through is cherry on the cake 🍰
@nikhilxd362
@nikhilxd362 Жыл бұрын
SEBI(Securities and Exchange Board of India) instead of stopping the thousands of crores of the Adani scandal they are putting their feet in some bollywood drama by arshad warsi.
@token3462
@token3462 Жыл бұрын
They can’t do sh!t to BJP’s sugar daddy man 😑
@Meatball2022
@Meatball2022 Жыл бұрын
And yet they’ll still argue about how awesome their country is. Meanwhile, they have entire city blocks dedicated to companies that steal
@trent11ify
@trent11ify Жыл бұрын
@@DeepThakur.. found the cow belt bootlicker
@rexsalazar_2010
@rexsalazar_2010 Жыл бұрын
@@DeepThakur.. kiu Tera baap hai adani jo tu jada janta hai gandu andhbhakt
@test_case_7036
@test_case_7036 Жыл бұрын
lol thay are just puppet of modi government, if it were in US adani would have been fighting for prison time by now
@Beeeman-u3s
@Beeeman-u3s Жыл бұрын
I live in Mauritius. Let me tell you the amount of scam/fraud offshore companies here is insane. The tech city ebene full of them, people are educated but don;t know much about these types of companies, so they end up in jobs there.
@dogstar5927
@dogstar5927 Жыл бұрын
What people are not aware of is that Adani sold 25% of Adani family controlled AEML stock to the Qatari government controlled Qatari Holding and in doing so, Qatar now literally controls 25% of Mumbai electricity supply ! The risks arise from the fierce collateral terms attached to the $1-billion Senior Secured Notes that Adani Electricity Mumbai Ltd (AEML) floated in February 2020 - just 18 months after the Adani group gained control of beleaguered tycoon Anil Ambani’s Reliance Infrastructure Ltd.
@jai.shri.rasputin
@jai.shri.rasputin Жыл бұрын
Well this is nothing compared to how much Indian tribal land and other resources have been privatized and sold off to such corrupt scammer by the Indian government itself. Few years to go before we are India Inc Ltd and not India
@kevinsalmador739
@kevinsalmador739 Жыл бұрын
What !? People don't know means ? People don't know many things, so .. ? What you are saying is a 2019 news . Also to what I see AEML is subsidiary of ATL (Adani Transmission Limited), and according to Economic times ATL is 74.92% owned by Adanis and 25.08% by public shareholders. After the transaction closes, ATL will own 74.9% in AEML. And what you are saying isn't a new thing, companies do it all time but hold majority of shares with themselves, here too AEML still has 75%, which far far above that threshold majority shares And that small stack can be bought easily if they wish too You are just trying to point out something that is irrelevant to confuse the people and slippery slope them in one mindset Are you someone with political affiliations ?
@rikilshah
@rikilshah Жыл бұрын
Wait till you find out about Nayara, Norwegian Sovereign fund, Gov of Singapore fund etc. One should be living under the rock to get surprised by FII.
@arandomguy8978
@arandomguy8978 Жыл бұрын
Wait a sec, are you mad? Do you know what you written?
@hexusmexus6971
@hexusmexus6971 Жыл бұрын
@@kevinsalmador739 nice copy and paste comment kev
@claudechevroulet4266
@claudechevroulet4266 Жыл бұрын
Looked at it in 2008. Did not like what I saw in Adandi Ports and Adani Energy, esp. their valuations. Took quite some flak from our coverage team in India for pushing back. I subsequently lost touch until I read about GA being one of the world's richest. Could I have been this wrong back in 2008? A glance at the valuations of the group's listed companies suggested otherwise... and Hindenburg's recent report further attests to that.
@SirAsdf
@SirAsdf Жыл бұрын
8:50 Naming your company after one of the most famous cases of crashing and burning is a bold move.
@susannehartl3067
@susannehartl3067 Жыл бұрын
Hindenburg is first and foremost a German family name after which the airship you mentioned was named.
@hozz1014
@hozz1014 Жыл бұрын
I thought of the name as a verb. As in "We Hindenburghed that company."
@killaken2000
@killaken2000 Жыл бұрын
"Why “Hindenburg”? We view the Hindenburg as the epitome of a totally man-made, totally avoidable disaster. Almost 100 people were loaded onto a balloon filled with the most flammable element in the universe. This was despite dozens of earlier hydrogen-based aircraft meeting with similar fates. Nonetheless, the operators of the Hindenburg forged ahead, adopting the oft-cited Wall Street maxim of “this time is different”. We look for similar man-made disasters floating around in the market and aim to shed light on them before they lure in more unsuspecting victims." Most of the world's helium comes from the US and due to the impending war Germany couldn't get the required amount of helium for the blimps so they used hydrogen instead (knowing full well how dangerous it was as there were many previous hydrogen blimp disasters)
@Nswix
@Nswix Жыл бұрын
It's an awesome name for a short selling firm. Kind of like "Titanic Capital".
@vicheakeng6894
@vicheakeng6894 Жыл бұрын
@@Nswix goole account?
@RaynaDJ
@RaynaDJ Жыл бұрын
I lost thousands after Hindenburg went after a company I was invested in and I really hated them for a while but now I kinda appreciate what they do. He's no hero as he is only doing it for the money but that experience made me a more diligent investor so I owe him one really.
@markm0000
@markm0000 Жыл бұрын
If they weren’t found out you would have invested your life in that company and one day lost it all.
@bankruptcy-9
@bankruptcy-9 Жыл бұрын
should have sold stakes its hitting upper circuit literally everyday
@MukeshYadav-q7q
@MukeshYadav-q7q 5 ай бұрын
I am using English without grammatical books so that modi don't have to read books
@MihiraUrs
@MihiraUrs Жыл бұрын
This is hands down the best and most objective coverage of the entire saga. Even some of the popular Indian youtubers couldn't help but be opionative if not biased on this story.
@ramnathnayak9211
@ramnathnayak9211 Жыл бұрын
You need to watch the video by Think School. He has done a far better research on this matter than Cold Fusion. This video was pretty lazy and one sided.
@saeedhossain6099
@saeedhossain6099 Жыл бұрын
yeah that think school video basically shows: 1. leverage confused for genius 2. shady government contracts 3. pretty much run of the mill book cooking. so yeah, much more level handed than cold fusion if you want to believe there's no fraud here.
@kindofanmol
@kindofanmol Жыл бұрын
ThinkSchool's video was great too.
@MihiraUrs
@MihiraUrs Жыл бұрын
Multiple channels and multiple entities have covered the story. Below are a few things that are widely accepted even before the Hindenburg report: 1.) Adani stocks were overvalued. 2.) Debt ratio was high. 3.) A large quantity/majority of Adani's collective holdings are held either by Adani themselves or allied entities. When Hindenburg report dropped, some of the early ones, went as far as to say there might not be a steep drop as most shares are held by entities that will decide to hold. Reason I specified no Indian channel covered this story objectively, including thinkschool: while most mentioned Hindenburg report alleges fraud, book cooking, govt involvement etc. Pretty much no one specified the entities that hold the majority stake(shell corps mentioned in cold fusion) trading adani stocks between themselves to drive up prices.
@bv6168
@bv6168 Жыл бұрын
Indians are having still has british era occupied brain. Can't help.
@PoisonCore
@PoisonCore Жыл бұрын
Dagogo's video style will always be in fashion. It's so different and feels relaxing and trance-like, even when he's talking about serious topics. Cold Fusion is my favourite information channel by a long shot.
@Collinsv8
@Collinsv8 Жыл бұрын
Same!
@ClarkPotter
@ClarkPotter Жыл бұрын
I hadn't thought of it that way but think you're right. Been a fan from the beginning. Always love his vids.
@martymarl4602
@martymarl4602 Жыл бұрын
His voice is soothing and he doesn't need to shout like most youtubers to hype up his videos. Just the raw facts.
@E-Kat
@E-Kat 11 ай бұрын
Video fashion? Do you mean one without laud background music, no banging, crushing sounds, no flashing images or text, no visual special effects? So, that's fashion for honest, straightforward, decent, normal program. Many other producers use every effect in existence, to make up for badly researched material.
@prajaktagophane
@prajaktagophane Жыл бұрын
I know you would probably not read this but anyways I love the deep research you do for us and it's point accurate was just watching your Enron scam video which aptly to the point and thanks a lot for educating me about these scandals
@arcadesnafu8329
@arcadesnafu8329 Жыл бұрын
He did read this haha
@sailaab
@sailaab Жыл бұрын
Yeah, probably. But just so that it does not feel so.. .. so I took his password and liked/ hearted your comment from his account.😁 . So you see! Now you can say with surety.. that Mister Altraide did read your comment.
@OptimusPrime-qe3rq
@OptimusPrime-qe3rq Жыл бұрын
Seems You missed the bus at 1100
@DKUnhinged
@DKUnhinged Жыл бұрын
He is the goat
@LaLA441000
@LaLA441000 Жыл бұрын
Same!
@atul58
@atul58 Жыл бұрын
Update your video. Adani not only survived but again became the richest Indian person.
@sathwiksathish2242
@sathwiksathish2242 11 ай бұрын
Exactly😂
@99MarySue
@99MarySue 9 ай бұрын
yeah its simply pathetic how he exploits Indian population and state is allowing this ridiculous criminal activity
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@arpan9937
@arpan9937 8 ай бұрын
@@99MarySue Nope. Adani is not exploiting anybody. He is just a big businessman, just like many other around the world. Their are larger private companies than Adani out their like the Tatas and Ambanis. We aren't scared of them, cuz, the Indian Govt. always have had them by their balls. As for domestic politics, you have no idea how it works, it's as similar to me commenting on US politics.
@tanushqgupta358
@tanushqgupta358 8 ай бұрын
@@arpan9937 If you ever read/understood Indian Politics, historically every government party be it Congress/BJP have always been trying to please Big businessmen, how are they going to collect party funds, if they dont please businessmen by sacrificing potential government funds instead will start taxing severance cheque of a person being kicked out.If you want proof of Modi favouring Adani look at the Adani Group Mundra Case where The rates at which the Gautam Adani-promoted Adani Group bagged land from the Narendra Modi-led Gujarat government for its port and special economic zone (SEZ) project - between Re 1 and Rs 32 per square metre , this is an official article go look it up , there re multiple such cases dont act as if these companies are afraid of the government.
@voigto
@voigto Жыл бұрын
When Adani was slated to open the Carmichael mine in Queensland (Australia) a lot of us were calling out for state and federal governments to do their due diligence. Even back then there were a ton of rumours of how shady the company was, and how money seemed to come from nowhere but promises. Neither government knocked it back so instead they got 500 more coal ships approved through the Great Barrier Reef a year and an allowance of 60m tonnes of coal from the mine to Abbot Point wharf. Gina Rinehart sold over $1bn worth of land to them as well which I'm sure was a major reason it didn't get shitcanned. Fortunately it all seems to have been mothballed for the moment so hopefully a new government with a spine comes in and scraps the proposal all together.
@BilalHussain-yd6ck
@BilalHussain-yd6ck Жыл бұрын
Hindenburg’s business model is making profits while bringing down fraud. It’s a win-win situation here. 😂
@diegovideco
@diegovideco Жыл бұрын
It's actually not, because they are taking the money from people (investors) not directly involved with the misbehavior of the targeted company. It's just another twist in the messed up system that is capitalism.
@ergerg2
@ergerg2 Жыл бұрын
​@@diegovideco By that logic successful SEC prosecutions actually aren't win win because the regulators are earning their reputation and promotions by punish law abiding citizens which weren't directly involved with the companies misbehavior, which is just another twist on the messed up system which is government regulation. Scams become more volatile and much larger the longer they're allowed to fester, and they always have investors as meat shields. Busting them sooner is better. Part of what you're missing is that risk is what you're profiting off of in any market. You're not being paid for participation, but for the risk you're taking on, including the risk of new information being uncovered once your invested. This innocent investor lie is annoying because it assumes that the market isn't functioning correctly when people, who were wrong about a prospect, lose money on that prospect. Anyone invested in the market should be well aware that most companies are engaged in illegal, fraudulent, and unethical activity and has no excuse not to be. The proof is saturated at this point. Not doing basic due diligence isn't an excuse, it's too easy to do, and the ramifications of not doing it are too extreme. No, investors are really willing to look the other way to make a buck. That doesn't sound like a victim, it sounds like a cohort. Abstracting it by saying "but many of them were invested through advisors" doesn't help one iota, it's your money, your power, you have the authority to control the harm it does. No amount of blaming the system makes you innocent of your contribution. Every investor is wholly culpable for their the crimes they could assume from context and know from prior readily available news. Capitalism is healthy when we own our actions, and personally accountability is what's lacking right now, and it's a problem in any system of economics and any system of governance.
@asingha94
@asingha94 Жыл бұрын
@@diegovideco 😂 Because it's not a fraud. Hiddenberg itself is doing lobby work. They were banned from NYK stock exchange too. Even they had 3 FBI criminal investigations against them. Short tellers tried same schemes against others too. Stock getting inflated & doing scams are different stuffs. Indian political coolies use him as punching bag.
@diegovideco
@diegovideco Жыл бұрын
​@@ergerg2 Actually I would have rather meant "people in general", not just investors. These scams affect people across the whole of society. And uncovering/punishing them often amounts to a transfer of wealth between the already rich. Maybe a system that functions based prioritizing the profit motive can be healthy, yet larger and larger scams are increasingly common, and the profit motive is exactly what motivating them. That capitalism can be healthy and just, or even only stable for more than just a couple of years (and across the world) is yet to be proven. Meanwhile most human beings, other species and the planet as a whole continue being exploited on behalf of this system.
@ergerg2
@ergerg2 Жыл бұрын
@@diegovideco "Actually I would have rather meant "people in general", not just investors." I agree the fallout is horrible for completely innocent people, but I'd say a scam is a scam is a scam and for the most part when they burst the only ones who have anything to feel bad about are the investors and participants who had any other livable choice then to participate. Calling bubble bursting a bad thing implies that either it wasn't doomed to collapse, wasn't doing more harm by continuing to exist, and wasn't spreading. Adani was all of those things. "These scams affect people across the whole of society. And uncovering/punishing them often amounts to a transfer of wealth between the already rich." Being rich isn't a criminal act, and can be done morally. The goal of punishment in financial crimes isn't to redistribute wealth, it's to take money away from the unjustly wealthy. When you say a transfer of wealth within that bracket is meaningless, that's predicated on everyone with wealth being guilty of something which just isn't true. "Maybe a system that functions based prioritizing the profit motive can be healthy, yet larger and larger scams are increasingly common, and the profit motive is exactly what motivating them." I'd say most systems humans can agree on are based off of motives they can agree on, and the only near guarantee is that people want more. Capitalism is more of a system where people can do things, not one that forces them to or tells them to. I'd say right now the problem isn't capitalism itself it's more specific then that because total capitalism is one end of the spectrum and no countries ever really followed that in the slightest (nor should they). To me greed's a side effect of aimlessness, and it's that that we're living through right now. People with power and no direction, their encouraged towards unfulfilling things through a market game that winds up being the most fulfilling and meaningful thing in their lives. It's not really surprising that if other meaningful pursuits fail to compete with whats advertised along the way, then at the end the only thing that feels real to them is the game itself. There's a reason why it's such a prevalent theme in rap. "That capitalism can be healthy and just, or even only stable for more than just a couple of years (and across the world) is yet to be proven. Meanwhile most human beings, other species and the planet as a whole continue being exploited on behalf of this system." The problem with that statement is that you can say that about almost anything, because it's not based on any real world realistic comparative benchmark. Take government as a concept for example. Name one form of governance that's managed more then a million people that what you said above doesn't apply to. Everything the US has done has happened under democracy, from slavery to the bay of pigs to Iraq and communism has killed far more people the the National Socialists. If we compare the current state of affairs to nothing specific, then we can point to any incident and say "see it's not working". So far I'd say leaning towards the capitalism end of the market spectrum is the best thing we've tried, when we compare it to every other set of economic principles that have been tried and can manage the needs of current populations.
@HTehnique
@HTehnique Жыл бұрын
Well, clearly - having not heard of Adani* before - the ColdFusion channel is definitely a source of news for me. Thanks for keeping me informed - even if it comes at a price of knowing how messed up the world is; greed & stupidity everywhere. * nor FTX, nor many other previously unheard of names/companies mentioned on the channel.
@KiranKumar-uv6kd
@KiranKumar-uv6kd Жыл бұрын
Even people of India never heard of adani until he was all over the news
@ernavendu
@ernavendu Жыл бұрын
​@@KiranKumar-uv6kd u guys must be living in caves
@KiranKumar-uv6kd
@KiranKumar-uv6kd Жыл бұрын
@@ernavendu Most people in India do. I know him only because I live in Mumbai and a lot of people there know adani brand because of the power bill they get
@theemperor4901
@theemperor4901 Жыл бұрын
​@@ernavendu just because we know adani doesn't mean the entire country does. He's not that famous.
@daniel11111
@daniel11111 Жыл бұрын
@@ernavendu India is a massive country with 1.4 billion people. Are you sure every single person in the country knows about Adani ?
@xaha_creates
@xaha_creates 4 ай бұрын
I keep coming back to this video. Please do a follow up taking into consideration the current scandal unfolding in Kenya between the airports authority and the Adani group.
@briankagwanja5182
@briankagwanja5182 5 ай бұрын
As a Kenyan myself, I feel disgusted by the fact, that shameless company has already taken over our the main international airport(Jomo Kenyatta International Airport )
@jimg1056
@jimg1056 5 ай бұрын
We must not allow that
@vsvs2400
@vsvs2400 4 ай бұрын
Bro your elected government is shameless for allowing that! Not the company!
@vishwaranjan7802
@vishwaranjan7802 Ай бұрын
That is why India is growing with 7% while Kenya is drowned in corruption and western propaganda. 😂😂 George Soros gang of USA was so pissed off with someone taking their market....so blame your government not ADANI. ADANI is here to grow..........let the big persons be jealous...no reason to stop keep on moving ADANI.
@scott.ballard
@scott.ballard Жыл бұрын
Absolutely love the content you painstakingly create Dagogo! Keep up the great work!
@sandeepsrinivas7
@sandeepsrinivas7 Жыл бұрын
Video is filled with these words: 'Allegedly', 'Claims' & 'Accused'. Also lots of false information as well for example: Modi wasn't a minister in 90s as claimed in the video. He even got the basics wrong.
@sailaab
@sailaab Жыл бұрын
Yeah Sandeep.. you are right, Adani Exports is right, Ketan Parekh is right, Inter National Democratic Alliance is right, Blow Job Party is right, Mansi Soni's s3×ual perp Napunsak Dagabaaz Manushya is right.. and everyone else.. is wrong!
@sandeepsrinivas7
@sandeepsrinivas7 Жыл бұрын
@David Diveroli name calling when you have no counter arguments.
@asingha94
@asingha94 Жыл бұрын
@@sandeepsrinivas7 😂 Because it's not a fraud. Short tellers tried same schemes against others too. Stock getting inflated & doing scams are different stuffs. Indian political coolies use him as punching bag.
@ameyas7726
@ameyas7726 Жыл бұрын
@David Diveroli facts are not facts until proven unless one is a woke sicular
@slapadanko
@slapadanko Жыл бұрын
I think you forgot to include the part where Adani used government connection to strike a deal with the Bangladesh government for supplying electricity where Bangladesh had to pay three times the market price for each unit. Nevertheless, it's an extensive coverage of the Adani group and I applaud you for deep research behind every episode you create. Cheers mate
@sandeepsrinivas7
@sandeepsrinivas7 Жыл бұрын
Wait till you learn about how the western military complex lobbies the entire Congress in USA. The western regimes have always supported their companies and have influenced other countries to strike deals. Your info on Bangladesh had to pay 3 times higher is clearly false and baseless.
@slapadanko
@slapadanko Жыл бұрын
@@sandeepsrinivas7 my info on Bangladesh is accurate and fact checked. Even Rahul Gandhi talked about it and stated the three times market price info in the Indian parliament. Source: the Wire, the Daily Star.
@sandeepsrinivas7
@sandeepsrinivas7 Жыл бұрын
@@slapadanko source is Rahul Gandhi and wire 😂🤡
@susannehartl3067
@susannehartl3067 Жыл бұрын
Re Bangladesh: I read it in a Guardian article.
@mrgyani
@mrgyani Жыл бұрын
Read about that contract, it is absolutely insane. - they buy it at an insanely high price - they have given sovereign guarantee to buy it for the next 25 years - they have to buy the entire supply irrespective of how much they use, and that area where it is being supplied cannot even use the electricity. It is a low density, non industrialized area - they have to pay even if adani cannot supply the electricity for political risk, or some reason - have waived off sovereign immunities And more.. And I may be missing some more points. Its insane!
@n7narcosis
@n7narcosis Жыл бұрын
The disgusting thing is that Adani's stock price has basically recovered. Within the time of the production of this video, the market has essentially stated "Fraud, meh, carry on now..."
@nikhilmanali920
@nikhilmanali920 Жыл бұрын
Maybe its not a fraud. They are just overvalued nothing else. Lots of short seller gonna loose billions.
@anand.suralkar
@anand.suralkar Жыл бұрын
So it's not a fraud?. How is over valued stock a fraud . Heck is it even over valued when it recovers total value even after such an attack.
@rex6rocks
@rex6rocks Жыл бұрын
The work done by adani with the ports and the supply chain is still outstanding to say the least. He could have done over evaluation etc, money laundering maybe. But damn, his enterprise has done such great work! I have heard from numerous people who work in the shipping industry that have said so.. they said these ports are the best in the country and are equal or better than many international ports, and the wait time is so low. They are making good profits and are also saving a lot of money for Shipping companies.. so even if adani did some wrong, the good he has done is much much more. Many indian economists, even if they don't agree with adani, say that this report might actually be good for adani enterprises. They not just too big to fail, they doing pretty good too. Stock manipulation or not. The market would always adjust itself.
@javedsyed
@javedsyed Жыл бұрын
​@Nishchal irony is - he employed only 23000 manpower - also he is not in top 20 tax payer
@Matanumi
@Matanumi Жыл бұрын
Its just goes to show.... when your too big to fail your immune.
@mikegermanio324
@mikegermanio324 Жыл бұрын
Cold fusion has an amazing talent of taking a subject I've never heard of and through research and stellar presentation I am completely engrossed from start to finish
@jcriley7695
@jcriley7695 Жыл бұрын
The team running this channel make the best videos hands down on investigating these topics. Every episode is consistently good!
@imranvp
@imranvp Жыл бұрын
I doubt its even a team. I think it's just Dagogo. I may be wrong. I've been a fan of this guy for years. Never fails to produce thoroughly detailed and eye opening videos!
@asingha94
@asingha94 Жыл бұрын
😂 It's not even a fraud. Hiddenberg itself is doing lobby work. They were banned from NYK stock exchange too. Even they had 3 FBI criminal investigations against them. Short tellers tried same schemes against others too. Stock getting inflated & doing scams are different stuffs. Indian political coolies use him as punching bag.
@asingha94
@asingha94 Жыл бұрын
@@imranvp He's wrong in this case
@imranvp
@imranvp Жыл бұрын
@@asingha94 and you know? What's your source?
@spectrum1548
@spectrum1548 Жыл бұрын
No gimmick only pure research.....hats off to u bro
@melaleucam8
@melaleucam8 Жыл бұрын
"There's one name that's unknown to many" - unless you live in Australia or India. Great video as always, fair, objective, engaging 👍
@Ak-ue2yq
@Ak-ue2yq Жыл бұрын
This is NOT A fair video. It is paid hit job on a financially strong group….
@skwazeedali8448
@skwazeedali8448 Жыл бұрын
A company with 27 billion dollar debt wons 75% of their own stock by themselves is a stong company? Indeed very stong to survive in front of a regulator like SEBI
@Ak-ue2yq
@Ak-ue2yq Жыл бұрын
@@skwazeedali8448 If you want to have an informed debate, we can do it. Hindenburg doesn’t understand the groups businesses and wants to profit off the dip in its valuation, that’s fine. But there is NO scandal. Adani is a big Utilities player, debt will always be high in the initial stages of the utility business like Green Hydrogen, Oil and gas etc. these businesses have a long tail and returns come after substantial capex investment which is usually borrowed leading to high debt.
@83nitish
@83nitish 11 ай бұрын
How the heck stocks has recovered 80% since then..
@juzzadj
@juzzadj 9 ай бұрын
I want to know why aswell...
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@83nitish
@83nitish 9 ай бұрын
@@DL-fl5ul lol it has govt backing... Numbers are a myth, if future prospects are there any company can survive.. US stocks are 190 % of GDP still growing why ? Because of the future of tech companies in US
@xyzabc9628
@xyzabc9628 9 ай бұрын
Fraud Modi and shah
@kim-o-san
@kim-o-san 7 ай бұрын
Where do you think Modi Govt is putting your Provident fund money?
@rushja
@rushja Жыл бұрын
Another banger. I was surprised it took over half of your video to mention the UK, I wouldn't think it'd take too much digging to find a lot of our politicians with this stink on their hands. This is exactly what Brexit is for, to relax the rules enough to allow these type of crooks to trade.
@randomlyswatching9481
@randomlyswatching9481 Жыл бұрын
Brexit for adani?? Adani isn't the reason for brexit. The reason is our so called independence from EU. Because brits want to be isolated n independent. Trade independent or whatever. It's also the racism which made people vote yess in many regions. Racism which possibly you also like. Other Reasons are just speculative.
@rushja
@rushja Жыл бұрын
@@randomlyswatching9481 Why would I like racism? You'll find only love here my friend. Yes the British people voted for the reasons you said but the people who created Brexit and want it to happen want to do deals with groups like Adani so make money for themselves.
@williamlloyd3769
@williamlloyd3769 Жыл бұрын
In theory, Internal Audits, regulatory organizations, and Indian stock trading platforms should have flagged the issues noted in Hindenberg’s published research.
@Praisethesunson
@Praisethesunson Жыл бұрын
In theory markets will regulate themselves. In reality a bunch of con artists are using capital to steal and rob a bunch of dullards. While the state is paid to ignore that problem.
@inuyashatb7575
@inuyashatb7575 Жыл бұрын
In India:)
@keerthi3086
@keerthi3086 Жыл бұрын
In India:)
@venkatvijayakumar6176
@venkatvijayakumar6176 Жыл бұрын
🤣🤣 In India, there is no truth in Journalism! All are bootlickers for Modi and his friends!
@skwazeedali8448
@skwazeedali8448 Жыл бұрын
In India the top position of the above organizations is controlled by the same leader who has been accused of favoritism to adani in this scam, Hence it is difficult for bureaucrats to operate :)
@allwellbud
@allwellbud Жыл бұрын
You also forgot to mention that very next day of this turmoil, Adani withdrew their massive fully subscribed FPO in interest of public trust. He will bounce back. Coz his stocks are being held now and no sellers. People know he'll bounce back.
@soundslight7754
@soundslight7754 Жыл бұрын
Corruption is widespread and systemic - nobody can accumulate $billions over such a short time with honest, legal and ethical work
@jamesbarnesii4124
@jamesbarnesii4124 6 ай бұрын
That comment is completely ridiculous. The fact of the matter is people There is no limit of the amount of money that a person can make legally. And to automatically have an arbitrary number in which automatically presumes the person guilty of crimes it's just stupid. I'm not trying to be insulting but with as fast as technology is moving now, some person or company could Have a breakthrough in nuclear fusion making them instant billionaires.
@swapnil_dl
@swapnil_dl Жыл бұрын
Congratulations on showing guts to do an honest report. Indian media is owned by 2 corporate houses, one of them being Adani. No one dares to show anything in this country due to fear of losing sponsors. It's very simple, a guy who was a minor industrialist, turned a multi-billionaire in a span of 8 years of Modi govt. Appreciate your efforts in research and detailed analysis ❤️❤️❤️
@arsenalf.c6443
@arsenalf.c6443 Жыл бұрын
That is due to their business policies and strategic business investments.
@swapnil_dl
@swapnil_dl Жыл бұрын
@@soumodip_majumdar following the truth ain't making anyone traitor. By that logic, Subhash Chandra Bose was also a traitor to speak against the then govt of British India 😂😂😂
@soumodip_majumdar
@soumodip_majumdar Жыл бұрын
@@swapnil_dl qui bono... who gains from this ?... How sure are you that the report is "truth"?... Stop being so naive and show some gratitude to your motherland....
@thesmilingtitan
@thesmilingtitan Жыл бұрын
@@soumodip_majumdar Right. Adani is my motherland.
@soumodip_majumdar
@soumodip_majumdar Жыл бұрын
@@thesmilingtitan Such a sharp mind... Wish you would use it for our country... Search for Gangadhar Adhikari thesis, war by other means, full spectrum dominance.... you will grasp what is going on and how breaking India forces are targeting Bharat and adani is just pawn on the great game...
@pranay.bahuguna
@pranay.bahuguna Жыл бұрын
Insanely well researched, thorough and definitely not one sided. Loved this video
@rajkushwaha69420
@rajkushwaha69420 Жыл бұрын
Was just about to have dinner. Perfect time for a new coldfusion episode
@arv1ndgr
@arv1ndgr Жыл бұрын
So late :)
@token3462
@token3462 Жыл бұрын
Jaldi khana khaya kro bhai
@rajkushwaha69420
@rajkushwaha69420 Жыл бұрын
@@token3462 ha bhai guests aaye the kya kre😂
@otakarhulsman5466
@otakarhulsman5466 2 ай бұрын
This aged like fine wine!
@UltraMagnis
@UltraMagnis Жыл бұрын
I've been hearing from some ofmy mining friends that Adanis operation in Australia is awful. Lots of accidents and trouble with pay, management issues, mine shutdowns etc. Really bad. So doesn't suprise me they are as bad as you say.
@rabbit-ku1bn
@rabbit-ku1bn Жыл бұрын
That is what is bound to happen when a company from a developing country with pathetic working conditions brings their "standards" elsewhere.
@UltraMagnis
@UltraMagnis Жыл бұрын
@@rabbit-ku1bn I didn't want to be so blunt but yes I agree. Just because they come here with their pockets full of cash and splash it around does not mean they are good operators. How the Aussie government let such a corrupt and obviously dodgy business come in and buy up what they like is pretty alarming. Knowing that even a basic forensic look into their business would uncover all the stuff mentioned in this doco. It was public record and very well known....the Aussie government tend to look the other way when big $$$$ come onshore. Which is a real shame. Hard working men and women suffer because of little to no foresight or diligence.
@daniel11111
@daniel11111 Жыл бұрын
@@UltraMagnis because regardless of how mighty and ethical you think are in your first world countries, your politicians are corrupt and can be bought.
@Dan4096
@Dan4096 Жыл бұрын
I watched that report on the ABC, and was saying to my wife "this is the kind of stuff Coldfusion does videos on, can't wait"
@vissermatt1058
@vissermatt1058 Жыл бұрын
good to see you back Cold Fusion, keep making these vids and I'll keep watching them there are probably more crooks in business stories then minutes left in my life, but i can try to fill one with the other
@amolmody3448
@amolmody3448 Жыл бұрын
Just FYI, Adani group prepaid $2.15B loan before their due date last week.
@troll2637
@troll2637 Жыл бұрын
Where did they get the money from?
@abdikheirosman6795
@abdikheirosman6795 4 ай бұрын
@@troll2637The government
@Ali__C
@Ali__C Жыл бұрын
crazy part is their stock basically has 100% recovered since being shorted by hindenburg.
@Onion_Knights
@Onion_Knights Жыл бұрын
but trust might never recover though
@Ali__C
@Ali__C Жыл бұрын
@@Onion_Knights no denying that for sure, just shocked at like loosing 50% of its price since it was shorted, to now being down about 3%. it literally bounced right back.
@Onion_Knights
@Onion_Knights Жыл бұрын
@@Ali__C no one knows for sure about the stocks, since trust is way down. stocks can be manipulated remember? so, i am sceptical
@Ali__C
@Ali__C Жыл бұрын
@@Onion_Knights agreed, will see how it goes but it defo looks really bad
@Onion_Knights
@Onion_Knights Жыл бұрын
@@Ali__C indeed 👍🏻 lets see
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
They government has no firm plans to combat inflation. Stocks, Houses and commodities will rise along with everything else as they will continue to inflate. You can't just sit on your cash and wait for a crash; you have to put your money to work, start investing gently, and then pick up the pace as the prices fall further. Making the decision to take money out of my account in excess of $500K at this time is more difficult. I am aware of certain investors that continue to make that much despite the terrible downturn market. I wish I could pull that off.
@zoeytank2921
@zoeytank2921 Жыл бұрын
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, I mean I've heard of people making up to $300k during this crash and I'd like to know how.
@zoeytank2921
@zoeytank2921 Жыл бұрын
@@tampabayrodeo2474 Who is this person? Is she worth recommending?
@graceocean8323
@graceocean8323 Жыл бұрын
@@tampabayrodeo2474 The Lady Maria really seems to know her stuff. I found her website after looking her up, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
@banana6963
@banana6963 Жыл бұрын
This seems like one of those scam bot comment sections.
@somebodyhere3160
@somebodyhere3160 Жыл бұрын
@@banana6963 because it is
@FInlandTecno
@FInlandTecno Жыл бұрын
These are always so good! You guys should do one on the corruption in the current SEC and Gary Gensler. That would be AMAZING!
@nishant54
@nishant54 Жыл бұрын
Not needed now.
@jarrodbright5231
@jarrodbright5231 2 ай бұрын
Well this video just aged like fine wine
@soral94
@soral94 Жыл бұрын
Crazy how that much money can be lost and yet most people(at least around me and my local news) know nothing of this 🤔
@sandeepsrinivas7
@sandeepsrinivas7 Жыл бұрын
Market cap is all imaginary money. In reality, no money is lost. Even after such a massive fall, Adani companies are still worth the same as they were last year.
@ccrider8483
@ccrider8483 Жыл бұрын
Unfortunately our news services are not in the business of information, but rather entertainment and propaganda.
@_sayan_roy_
@_sayan_roy_ Жыл бұрын
You expect mainstream media to speak up on this. Even if they know this, they would twist it and, call the naysayers anti-national and Hindenburg Soros and ask which religion and region you belong to if you criticise them. In fact, I think, they might have already started doing that.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Share valuation loss. Not actual money
@harshshelar
@harshshelar Жыл бұрын
I am no adani supporter, but all of the information in Hindurberg's research was already Public information. There was nothing in that report that made it worthy of such attention.
@lesnaidoo843
@lesnaidoo843 Жыл бұрын
Which makes it more dispeciable cos that's shows ur government is so corrupt.that modi guy just makes me want to 🤮
@MukeshYadav-q7q
@MukeshYadav-q7q 5 ай бұрын
India doesn't have leader atheist Harris invented indian system of socialist and trump is good tycoon
@arvindhmani06
@arvindhmani06 Жыл бұрын
It's hard to stay apolitical with a topic like this but you did a remarkable job. This is one of your best, and I've been around for a long time here. Much love, Dagogo!
@sombra2
@sombra2 10 ай бұрын
There’s an old saying that most of the time holds to be true: “if it’s too good to be true, it’s because it probably is”
@normalAlien398
@normalAlien398 Жыл бұрын
If true, this level of corruption from Adani won't be a surprise. For example, back when Adani bought Reliance energy In Mumbai, people's power bills went up upto 20 fold for no reason. I still get 1.8x of what I used to pay. Reddit's india related pages are full of people complaining about this.
@mrgyani
@mrgyani Жыл бұрын
Tarrifs are similarly up in an airport he controls. And in some power plant of his.
@naveent2785
@naveent2785 Жыл бұрын
I always wondered when the Satyam scandal is exposed, that there could be many such corporate frauds lurking in the country.
@sykofawcy
@sykofawcy 8 ай бұрын
Bro forgot about sahara scam lol
@KKG3388
@KKG3388 Жыл бұрын
Thanks for the great content, the deep dives here are wicked! Big ups from Melb.
@austin-o
@austin-o 2 ай бұрын
Who is here after the adani indictment/arrest warrant
@MoosesValley
@MoosesValley Жыл бұрын
Adani purchased Australia's largest coal mine project just down the road from where I lived. The purchase was approved by the Australian Government only because Adani assured and re-assured everyone that they would not need any funding or support from the Australian Government (i.e. the Australian tax payer) - they had plenty of money on the bank and finances in place to develop and run the coal mine without any external help. So the deal goes finally through, and Adani owns the coal mine. The very next week, Adani is begging the Australian Government for help, cheap multi-billion dollar loans, and other support otherwise they wont be able to go ahead with the mine. Says it all really. Scammers. Would not touch Adani stock with a 1,000 foot barge pole.
@harshnaik6989
@harshnaik6989 Жыл бұрын
Thats how they do, they create massive infrastructure and declared them bankrupt and then gov comes to save these companies as they are too big to fail
@noodie2864
@noodie2864 Жыл бұрын
Bro you really missed a good fortune, if you invest based on your emotions and bias then please review your strategy, adani enterprises at 1200 rs with so many assets was a steal deal
@MoosesValley
@MoosesValley Жыл бұрын
@@noodie2864 No thanks
@bkodamasimham
@bkodamasimham Жыл бұрын
That’s how any business behaves. Some get caught some don’t, some you understand and some you don’t!
@shikharsrivastava3558
@shikharsrivastava3558 11 ай бұрын
The reality is 11 months later his stocks are rallying again and seem to be getting back to level before the report.
@vivekp-c8p
@vivekp-c8p 10 ай бұрын
It reached new high.
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
@@vivekp-c8p It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@vivekp-c8p
@vivekp-c8p 9 ай бұрын
@@DL-fl5ul Nvidia is making AI chip at a lucrative margin, whatever adani is doing is nowhere close to profitable as Nvidia.
@Premium_Youtube_User
@Premium_Youtube_User 6 ай бұрын
​@@DL-fl5uldon't spam
@sephondranzer
@sephondranzer Жыл бұрын
Surprised by all the comments shocked by ‘what a Twitter post can do’… Yes, sure is amazing how much damage Twitter can do when your life is built around a fragile, false and speculative valuation? Go figure…
@aari_yawn
@aari_yawn Жыл бұрын
130B was the amount lost by adani group but not the `scam` amount 🤔 I don't actually know how to quantify this scam but ig it's a thing worth noticing
@300rivers4
@300rivers4 Жыл бұрын
The length that level of crook goes to in order to keep stealing is astonishing.
@njiomonansichristianfreder6374
@njiomonansichristianfreder6374 Жыл бұрын
💯
@vivekrsharma557
@vivekrsharma557 Жыл бұрын
You know shit is real when Cold Fusion makes video on it
@anil7659
@anil7659 4 ай бұрын
That shows level and limit of your knowledge and research :) I am sure you how many such KZbinrs are out there making videos on countries that they know nothing about and you are happy that a gora is talking shit about your country
@prasannavasist3550
@prasannavasist3550 Жыл бұрын
One point you missed is that prominent indian Mutual Fund managers were advising against investing in any of Adani stocks for many years and interestingly none of them has had exposure to Adani stocks even after its meteoric rise. Hindenburg didn't find anything new, they collected accusations on adani group and released just a few days before their secondary listing on the stock market (Correct me on this term) on which adani has to back off. I have seen some investment advisors advising against adani stocks for manipulating stocks using offshore entities in early 2022. So overall Hindenburg just took the opportunity to pull the rug to make the money by just summarizing Adani accusations. It's just a classic example of Opportunists taking advantage of a Fraud. Btw, oligarchs and western billionaires always remain close to their Government and many other Indian billionaires remain close to the current government. It's common everywhere. Almost all strong indian entrepreneurs are Gujratis or marvaris. The accusation of Government involvement with Adani should taken with pinch of salt.
@mg.f.9023
@mg.f.9023 Жыл бұрын
Adani pays ruling party by Electoral Bonds ( which are secret of the doner name).
@brodyalden
@brodyalden Жыл бұрын
Coldfusion I’ve enjoyed EVERY VIDEO you’ve ever made. Thank you so much! You’re making fantastic content. Just wanted to show my appreciation. Keep up the great work!
@TheIceMan23
@TheIceMan23 Жыл бұрын
You have no idea how deep this corruption rabbit hole goes..
@ayyfte
@ayyfte Жыл бұрын
According to Forbes, Adani earned $ 1.9 billions for today... And is worth $ 44.4 billions for today.. Let's wait and watch if it goes to over 100b or goes below 0b (b=billions)
@joghhj
@joghhj Жыл бұрын
Oh cheater
@curlymcdom
@curlymcdom 14 күн бұрын
To the last segment by Mark Humphery Jenner, is actively investigating a company really deemed to be "insider trading"? I would have thought it's the opposite, or at least due dilligence. While they obviously benefited from the information, Hindenburg also published all their findings so technically anyone could do with it what they wish
@user-cu2xi6mz7y
@user-cu2xi6mz7y Жыл бұрын
Apparently Hindenburg research was in the "toilet"(chernobyl) during svb collapse that's y they didn't see it coming but were in the room during Adani
@Leelee-iw3zp
@Leelee-iw3zp Жыл бұрын
Even an Adani baby is a company employee😅
@BLX187
@BLX187 Жыл бұрын
lol
@xigashomediatv8826
@xigashomediatv8826 4 ай бұрын
Any kenyan gather here
@anil7659
@anil7659 4 ай бұрын
No they are with thier Chinese masters who will such them dry...let's come back after few years and see
@clayongunzelle9555
@clayongunzelle9555 Жыл бұрын
Everything is all about the money, Hindenburg's main motivation for doing all of this is so that they can get against Adani stocks and make millions. so why should I care??
@spladam3845
@spladam3845 Жыл бұрын
Great work as always, and I just want to say, Dagogo Altraide is a really cool name.
@binniscookhouse
@binniscookhouse Жыл бұрын
The Adani Enterprises stock price today is almost double of where it went when the Hindenburg story broke.
@N28-h9m
@N28-h9m Жыл бұрын
Where are you getting that info from? ... Go and check .. it was at more than 3000 inr at the time of report and now it is in 1800 inr..and this is after it recovered from 1200rs per share few weeks ago
@mr_c.i.c
@mr_c.i.c Жыл бұрын
ColdFusion: The definitive up-to-date events analyser of analysers I trust for conclusion.
@alexanderSydneyOz
@alexanderSydneyOz Жыл бұрын
A few random thoughts -Hindenberg calling Adani "the greatest corporate fraud in history" should, itself, raise flags. That is tabloid hyperbole, coming from someone with a financial interest in trashing Adani shares. -It is unfair to say Adani subsidiaries "are on the verge of breaking Indian law" because management *almost* owns 75% of the shares. 75% is, apparently, the threshold and is perfectly legitimate to hold 74.99%, given that. You see exactly the same thing in all jurisdictions, including Australia. After all, the whole point of having a threshold is that you can own a % of shares up to it, right? -"paper wealth payout" is meaningless; it involves no payout. -Stock market manipulation by pushing the company share price higher is *not* "accounting fraud". The share price is not part of the accounts. That does not make it a good, legit, or legal thing to do, but it is not accounting fraud. It would be better to stick to the facts. -14:23. That table does not show that '5 out of 7 companies don't have enough assets to cover their debt'. It is a measure of short term liquidity, which is different. Even the Hindenburg report incorrectly states it: it is liquid assets divided by near term liabilities, NOT "less". -No money has been "lost" except by those who sold shares at a loss. A falling share price, while it may indicate something tangibly bad, is otherwise meaningless. It is not part of the business operations, and has no bearing on them, except as it affects confidence among investors. Or short sellers who might be doing a reverse pump and dump. Hindenburg seems to have a solid record of uncovering corporate fraud, so should not be dismissed lightly. But when you look through its history, it has dealt with companies where the *operations* were a fraud. eg Nikola trucks where the fraud was actually about a product that isn't. In Adani's case, it operates a vast array of businesses, which produce cash flows. As far as I can see, not one of H's allegations relate to the business operations of any company in the group. Nor does H appear to have actually alleged any stock market manipulation. Moreover, this presentation highlights a completely understandable and benign reason for such high stock valuations: ESG investment requirements which have more or less forced billions of $ into a restricted pool of investments. Ok, so now the share prices of Adani companies are lower, the companies still operate, their price to earnings have become more realistic. So where is the 'biggest fraud in corporate history' in all this? At worst, it seems there are disguised shareholdings which breach Indian securities laws, and which lead to excessively high share prices. Have the Adani's sold any shares at these excessively high prices? Well, no, actually. Meantime, it is now 2 months since the allegations surfaced, and nothing further of substance has come to light. SEBI is looking into it. 8 weeks isn't long for such an endeavor and Bad Stuff may come to light, but it is coming across to me that Hindenburg has deliberately done its own 'overstating' to benefit its own bottom line. That is not to sound negative about short sellers per se; they do great work in uncovering fraud simply because they have no interest in ignoring it. Which is good for the market at large.
@Godblest1
@Godblest1 Жыл бұрын
I'm not saying Adani isn't corrupt but once I heard the name Soros for some reason I just had to wonder who's founding Hindenburg and what their real agenda might possibly be.
@thewatcher8404
@thewatcher8404 Жыл бұрын
This is business world, every guy's hand is dirty here. No company in the world can become huge without doing some dirty stuff
@midimusicforever
@midimusicforever Жыл бұрын
Adani isn't a straight up scam, as in, an air castle, but they definitely manipulate a lot of things.
@jai.shri.rasputin
@jai.shri.rasputin Жыл бұрын
Just like all Gujaratis
@Tsug2803
@Tsug2803 Жыл бұрын
@@jai.shri.rasputin don’t be racist
@jai.shri.rasputin
@jai.shri.rasputin Жыл бұрын
@@Tsug2803 All dope scammers from India are historically Gujarati. It doesn't matter if 99.9% of other Gujaratis are not
@jalkarna
@jalkarna Жыл бұрын
@@jai.shri.rasputinimagine being so jealous
@jai.shri.rasputin
@jai.shri.rasputin Жыл бұрын
@@jalkarna Imagine being jealous of Gujaratis lmao! The only legend out of that shithole is Sagar Shah.
@darkknightrises3571
@darkknightrises3571 Жыл бұрын
Credit Suisse, which said Adani having bad loans and negative opinion on adani went to bankrupt and share price dropped to 99% low, UBS bought for 3 billion where the bank market cap was 6 billion and credit Suisse made several layoffs. Whereas Adani group started expanding their businesses, investments, looking to increase employment, increasing their profits and revenue YOY.
@drewberning1237
@drewberning1237 2 ай бұрын
Bro just got indicted
@elcidleon6500
@elcidleon6500 2 ай бұрын
Yep...
@rorschachs1889
@rorschachs1889 Жыл бұрын
You know as an Indian Shit hit the fan when Coldfusion comes up with the video
@PseudoProphet
@PseudoProphet Жыл бұрын
Yeah sure, but Adani is still worth $50 billion and will be over $100 billion by the end of this year.
@sabari_sk
@sabari_sk Жыл бұрын
Ofcourse 'modi toh mumkin hai' 👍😉
@mayurkanth6987
@mayurkanth6987 Жыл бұрын
​@@sabari_sk Cry More
@sabari_sk
@sabari_sk Жыл бұрын
@@mayurkanth6987 😭😭😭 Is this enough 😂😂😂
@mayurkanth6987
@mayurkanth6987 Жыл бұрын
@@sabari_sk Yes cry more
@raghuveer120
@raghuveer120 Жыл бұрын
Great video. In india no media company is revealing the information what you have just revealed
@talksickgamer
@talksickgamer Жыл бұрын
Regular media of any nation is all about making money and ranking up TRP. If you need business information, watch business and investment focused channels. Even then you won't get a detailed point-by-point information. Try googling and researching yourself to get the best information.
@youtubeee2306
@youtubeee2306 Жыл бұрын
GodiMedia
@sambhavkumar3865
@sambhavkumar3865 Жыл бұрын
Yeah man
@talksickgamer
@talksickgamer Жыл бұрын
@@youtubeee2306 Bhale hi pehle waale fraud jo family members ne kiye, vo Congress-ion ke raaj mai hue. Media to fir bhi godi hi hai. Fantastic logic
@anil7659
@anil7659 4 ай бұрын
come on...Pappu is living off that forever and media is following him
@hirensheta
@hirensheta 10 ай бұрын
1 year later, Adani bounced back massively after Supreme Court of India denied the Hindenberg Allegations and dismissed the case against the Adani Group. Adani regained 100 Billion Fortune again, within just 12 months.
@shivam_singh_9999
@shivam_singh_9999 10 ай бұрын
this video and report really not age well . and show how just a peice of imformation can destroy company and campany with good decision can bounce back
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@DL-fl5ul
@DL-fl5ul 9 ай бұрын
@@shivam_singh_9999 It won't survive with the PE ratio. People think Nvidia at 60 PE ratio is outrageously overpriced. This at 800x PE ratio? That's extremely unsustainable. All comes to an equilibrium in markets.
@AnthonyGoodley
@AnthonyGoodley Жыл бұрын
Looks like a massive house of cards ready to come tumbling down. Hidenburg just lit a match to it all. 🔥🃏
@AnthonyGoodley
@AnthonyGoodley Жыл бұрын
Sure Hidenburg being a short seller has a vested interest in seeing a company strike out and even fail. So yes they are going to expose all the negative news that they can. Doesn't make it any less true though. Assuming they are reporting factually.
@jut8146
@jut8146 Жыл бұрын
There is something unseemly about alleged scandals being publicised by someone who is looking to profit from them.
@JimmyTheGreek2000
@JimmyTheGreek2000 Жыл бұрын
That is what those hedge funds do ! 'Short' the market and all the companies in the market !, However, they play on only one side of the 'hedge' the short side !
@jut8146
@jut8146 Жыл бұрын
Yes. It ranks just slightly higher than loan sharking and insider trading, both of which are illegal.
@woopimagpie
@woopimagpie Жыл бұрын
It's really no different from most arms of law enforcement. The only difference is they're not government funded.
@jut8146
@jut8146 Жыл бұрын
Law enforcement aims to profit from scandal?
@blueradiator
@blueradiator 6 ай бұрын
This video aged like fine Milk!!! ... i invested in Adani ... have 3xed in 15 month!!
@vidyatheerthan
@vidyatheerthan 9 ай бұрын
He redeemed all the lost investor confidence and got back into business with banger, thats adani!
@adamchestovaliev5873
@adamchestovaliev5873 Жыл бұрын
OMG !!!! I dont know how you do it but your videos are always so entertaining and educational!
@mytradingjournal123
@mytradingjournal123 Жыл бұрын
Never heard of this company before, thanks for a great video as always!
@rushabhpatel4291
@rushabhpatel4291 Жыл бұрын
SEBI which is supposed to investigate Adani has his daughter's father in law at charge. He has modi in his pocket. Nothing will happen to him. People will suffer, competition will suffer and India will suffer.
@adamdalgleish8769
@adamdalgleish8769 Жыл бұрын
I don't understand what is "unseemly" about a company exposing fraud for profit. This is a great thing... that there is financial incentive to expose crimes. This whole profits are evil thing is so annoying to me.
@Gormezzz
@Gormezzz Жыл бұрын
Hell yes!
@shashipancholi
@shashipancholi Жыл бұрын
Something strange about the group losing over 57% of its market value despite allegedly having only 10% of their shares on the open market
@mrgyani
@mrgyani Жыл бұрын
It's actually less than 10%. More like 2-3%. LIC owns 9%.
@andrasbiro3007
@andrasbiro3007 Жыл бұрын
Since ESG came up, you could make a video about that scam too. For starters oil companies got high ratings, but they kicked out Tesla recently. That makes no sense at all.
@Nswix
@Nswix Жыл бұрын
Its all just social justice nonsense...
@diehardcynic
@diehardcynic Жыл бұрын
Indeed. Greenwashing would be interesting to dissect.
@SilentlyContinue
@SilentlyContinue Жыл бұрын
Lots of conflicts with ESG
@andrasbiro3007
@andrasbiro3007 Жыл бұрын
@@Nswix Not social justice, it's a straight scam. If it were actually about what it's supposed to be about, Tesla would be at the top of the list, and oil companies would be excluded. Plus combining the 3 completely different things is problematic in the first place.
@syjiang
@syjiang Жыл бұрын
One good thing with increased interest rate is that we get a chance to crush all these BS companies with over leveraged positions
@tomlxyz
@tomlxyz 3 ай бұрын
The stock price seems to be almost back at the old heights
@abh1yan
@abh1yan 3 ай бұрын
Because investors in India does not care about what anything of west has to say.
@OntologyofValue
@OntologyofValue Жыл бұрын
Being born and raised in Poland in the nineties and two-thousands, unfortunately, all these stories sound way too familiar to me... Even today, political scandals around bribe burst daily.
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