Friday, July 02, 2010

WINNING STROKES: THINK DIFFERENT:
As was expected and as was mentioned to the Paid Groups since last few days, Small-cap shares outperformed Large-cap as well as Mid-cap stocks during the Friday's trading session.....a massive rally especially in Small and to certain extent on Mid-caps is about to unfurl in the days to come...
Meanwhile there was a robust growth in the country's exports for the seventh successive month in May 2010. India's merchandised export for May 2010 grew by 35.1% to $16.1 billion from $11.9 billion in May 2009. Imports for the reporting month stood at $27.43 billion as compared to $19.80 billion in the year ago period, indicating a rise of 38.5%.....Hurrah!!
Those who have applied for the Super Discount Festive Offer for the Subscription to the Paid Services and have not got my reply, please give me a day or two for the same, due to too many mails reaching my desk.... The 1st (first) 50 (fifty) Super Discounts Scheme  is almost getting filled and it is going to be closed very soon unless the Quota is increased.....so those who have still  not availed of the schemes but want to subscribe, should rush in for the details at:suman2005s@rediffmail.com or sumanm2007s@gmail.com. 
Vision Corporation Ltd was recommended to the Paid Groups and also in Face Book, due to some important development in the company, which you will get to know by this Sunday. The stock could be heading towards Rs.25--30 in the next few months time frame. The company has also gone for a stock split and it will benefit from the recent directive of the government regarding broadcasters. Those who have bought today will be smiling their way into banks....The stock was reommended at Rs.5--5.15. Chartically speaking it seems the stock has made an intermediate bottom today. The stock touched Rs.5.24 today before shedding some of the gains.
There was another breaking news in the media sector as far as Sanguine Media Services Ltd is concerned. The company after turn-around in Q4FY10, is marching ahead at top speed, much to the delight of the sharehodlers.
I had earlier mentioned to the Paid Groups, that since our group now holds more than 10% stake in Sanguine Media Services Ltd, the Promoters could increase their stake through preference issues or through direct market purchase to control the activities of the company which is seen to be gradually shifting from their end (which in any case the Promoters will not like)..The promoters' holding is now only 9.33% which is less than our Group's stake........In this connection do you remember the case of Kohinoor Foods Ltd and Rakesh Jhunjhunwala's stake in Titan Industries Ltd.
Today the news came that, the company is thinking of issuing  Equity Shares on preferential Basis as per the ICDR Guidelines, 2009. This is a great news for the shareholders of Sanguine Media. Moreover there are lot of developments in the company as per bulk deals are concerned. The promoters have no option to increase their stake in order to stop Hostile bids for take overs..Some days back, Pace Stock Broking Services Ltd took stake in the company increasing the blood pressure of PROMOTER GROUP....So..United we stand.....Huh!!Now just wait and watch as the drama of Hostile takeover bids unfurls..
Sicagen India Ltd which was asked to be accumulated around Rs.16-17, to the Paid Groups a couple of weeks back, touched Rs.19.90, with good volume. The stock is heading towards the next target of XXXXXX (Only to the Paid Groups).
In a significant development, Finance Ministry sources assert that government is trying to rectify some areas of double counting in government finances which inflates the debt to GDP ratio of the Centre. Reclassification of these transactions will bring down the combined debt to GDP ratio of the Centre and the states to 51.1% in the current fiscal this year from the estimated 82% in 2009-10.
Liquidity scenario in the system has suddenly become tight over the last 2-3 fortnights on account of outgo towards the payment of advance taxes by the corporate sector and huge payments for 3G and BWA spectrums by the telecom operators. The overnight interbank rates too have moved up towards the upper end of the repo-reverse repo benchmark corridor (3.75%-5.25%), rising nearly 150 bps in last one month or so. Also, banks have borrowed an average of around Rs 37,500 crore a day from the central bank through its repo window in the last month. This marks a sharp turnaround in the liquidity scenario. Just a month ago, banks were parking large sums with the RBI through its reverse repo window that pays 3.75% of interest to them. When borrowing through the repo window, however, banks have to pay 5.25% interest.
Note: There must be some problems with my blog as I am not able to upload in a straight way from Yesterday....hence you are not able to get informations here. Also I am not keeping well these days....

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