Thursday, September 30, 2010

WINNING STROKES: THINK DIFFERENT:
Marsons Ltd recommended at Rs.17 to the Paid Groups (Refer: www.sumanspeaksplus.blogspot.com) reached Rs.20.40 yesterday, before closing just above Rs.19. This is the 2nd time it moved above Rs.20, after it was recommended.
XL Energy Ltd came down yesterday, after profit booking was adgvised in the coutner on 28th September, 2010 at Rs.42. This was natural after such wild moves in the last few days.
Those who are holding Avon Corporation Ltd (Refer: www.sumanspeaksplus.blogspot.com) can continue to hold till the record date for the dividend. The company has strong fundamentals and it looks strange why the scrip is not crossing Rs.6!! The company has developed a new software to cater to large organisations, with desktop PC count of 50-1000.
Kamanwala Housing Construction Ltd recommended to the Paid Groups for this week (as PICK OF THE WEEK) at Rs.42.05 reached Rs.44.20 yesterday, before closing at Rs.41.50.
I have taken some Vishal Retail Ltd in my personal holding for trading purpose.  Beleaguered discount retailer Vishal Retail earlier informed that it would sell its retail trading business to Shriram Group, and the wholesale division to the private equity firm TPG, for a combined value of Rs.100 crore.  However, Vishal retail said the sale, does not include the firm's properties in Hubli, Kolkata, Dehradun and Jabalpur. The company operates under brands/corporate identities of Vishal, Vishal Retail, Vishal Megamart and Vishal Fashion Mart. Off late, LIC Mutual Fund, a lender to Vishal Retail, has sent the company a legal notice restraining the retailer from asset sales, the Business Standard reported. A couple of weeks back Deutsche Bank had also obtained a court order restraining sale of assets by the retailer, potentially jeopardising or delaying a deal with Chennai's Shriram Group for the debt-ridden firm.. 
K Sera Sera Productions Ltd recommended around Rs.11.20-11.30, reached Rs.13.80, yesterday also. Some days back it made a weekly  high of Rs.14.

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