Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Monday, March 11, 2013

Southern Online Bio Tech Ltd hits another buyer freeze in the opening trade. It was expected to exhibit such move, after the company made some important announcements some days back. This scrip has always given money to the shareholders, if you can recollect. 
Steel Authority of India touched Rs.70.70, before settling at Rs.70.45 at the end of the trade. With both the US and Chinese economy showing signs of improvement and also Japan coming out of the deflation, the steel prices are set to go up in the coming days. SAIL is also going for a huge expansion of a number of its plants which I mentioned some days back in this blog. Hence, one should close his eyes and buy the scrip as a Fixed Deposit. 
Tulip Telecom Ltd hit another buyer freeze, as is expected. I have repeatedly asked all the investors to average the scrip on all declines. It is now official: Banks are likely to approve an 18-bln-rupee loan restructuring package for the company by March end. So, we can look forward  a series of upper circuits in the coming days. 
I had an extensive chat with the sources of Crest Animation Studios Ltd and this is what they said:
(i) No selling of the shares are taking place from the CAS Benefit Trust. So, selling in the shares is purely local and should not continue for too long.
(ii) The company is thinking of placing the treasury shares from CAS Benefit Trust (10279604) for private placement at around Rs.40-45; which is expected to give them a working capital of Rs.40-45 Cr. The Company has accumulated losses of Rs. 3071.93 lacs or Rs.30.71 Cr which would get completely covered if such placement can be done.
(iii) One of its largest shareholders, D. E. Shaw India Software Private is a large multinational which has brought the shares of the company at around Rs.120 per share. This augurs well considering the current price of the share at Rs.4.65.

(iv) Even some of the top employees of the company has purchased the shares at a much higher price, than the current market price.
(v) Though the company is struggling at present but still, the company's 9 months turnover of Rs.20.29 Cr,h is higher than the FY12 turnover of Rs.19.24 Cr. This shows the company is limping back to normalcy, through still it could not improve too much on its bottomline.
The current problem of the company is therefore, expected to get alleviated in the days to come, as the interest rate comes down and the cost of its capital comes down. However, only if you think of the long term, you should risk your further capital. [This note was sent to the Paid Group members, today in the afternoon]
Glodyne Tech Ltd hit the buyer freeze today in the mid-afternoon trade. The scrip should be accumulate for a target of Rs.22-24 in the short term. Some weeks back, the company came out with some positive announcement in the bourses.