Saturday, April 28, 2012

WINNING STROKES: THINK DIFFERENT
Hindalco Industries Ltd recommended around Rs.118--119, moved to Rs.120.20 before closing Rs.119.80. The prospects of aluminum sector looks bright in the coming years. Why? This portion is only for the Paid Service Members. 
Sanguine Media Services Ltd hit another buyer freeze on the opening trade. I think some of the things which I heard from unconfirmed sources, seems to be correct. The company is talking lot of measures and is set to change a bit of the business model.   
Jai Balaji Industries Ltd, closed in the Green today. Any turnaround in the steel cycle will be positive for the company. Also, note that it is also a power producer---this much for today, the rest of the details can be disclosed at the end of next week, as I need to confirm some of the information, I received from my close sources. Of course, Paid Members will get any further information much earlier. 
At last Suzlon Energy Ltd moved to Rs.21.80, after it touched Rs.22, at the end of the trade. It is to be noted that both the FIIs and DIIs have increased their stake in the company, while some fools went in for distress selling. One from this group, was comparing it with Pentamedia Graphics Ltd....Huh!! Some, people sometimes like to imagine that a Swine/Pig is just an elephant without a trunk!! There should be a limit to imagining nonsense. 
Today's morning call Jai Prakash Associates Ltd (JP Associates) moved to Rs.73.20. Why was the call given and where will it move during the coming days?
Reliance Industries Ltd closed in the negative after the Paid Service Members were asked to exit the stock at the cost price or at a little higher price. 
Country Club India Ltd is steadily moving up, after forming a bottom of sorts around Rs.6.5-6.6 ranges--today it closed at Rs.6.84 up 3.95%. Those who have accumulated the scrip on my suggestion would make good money in the coming days, as the company completes the 1st phase of expansion Q3FY13. Those people who do not have patience to follow a story will never be able to make money from the markets at a given period. This is from my experience of last 16-17 years in the market.
Now it seems the bear cartel have shifted to Kohinoor Broadcasting Corporation Ltd, as it hit the lower circuit. However, you can make use of this opportunity by picking up the shares in all declines. It is to be noted that NRIs alone hold 2.35% of the shares of the company while, corporate bodies hold around 10% of the shares of the company. The company has launched channels and its solar energy projects are going on in full swing. In such a circumstance, the shares of the company cannot trade at 1/10 of its face value. It is trading at a ridiculous market cap of only Rs.10.03 Cr. I think it is is again becoming a takeover candidate, unless the promoters quickly increases their stake. I have to find out if they have recently increased their stake or not, as we do not have the latest shareholding pattern of the company in the public domain. If you remember, I had given a buy call on IVRCL Infra at Rs.29-30, based almost on the same assumptions. If you also can recollect, I had given a sell call on the same scrip at Rs.139, when it tanked to below Rs.30. Kohinoor Broadcasting Corporation Ltd could repeat this story, as it is not too difficult to bring a fund of Rs.10 Cr and buy out a growing listed company. So, if any such thing happens then those who are having good holdings of the company would become millionaire much earlier.
Accumulate Prajay Engineers Syndicate Ltd in all declines---the promoters have slightly increased their stake. If you look at the share holding pattern closely then you would find that FIIs hold 8.57% of the shares of the company. The corporate bodies hold 18.17% of the shares of the company while, Directors & their Relatives & Friends hold 14.83% of the shares of the company. Today it closed at Rs.6.76 at the upper circuits. The book value of the shares of the company is Rs.95.75 and its equity capital is only Rs.69.94 Cr. A company which has started a 3-star hotel and has huge land holdings cannot trade at this price. Moreover, the market cap of the company is at only Rs.47.28 Cr, which is simply absurd, when its land holding is more than Rs.500 Cr, plus add the cost of setting up a 3-Star hotel. Don't get guided  by others, use your own brain for investing. 

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