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.....👍✌

Thursday, March 14, 2013

Southern Online Bio Tech hits the buyer freeze on twin good news: (i) Company’s Biodiesel unit situated at Visakhapatnam, Andhra Pradesh is in a position to start production of Biodiesel upon receipt of raw materials.Various internationally well reputed Biodiesel buyers are in touch with Company for the purchase of Biodiesel which is going to produce at above quoted unit. Besides this the Company’s first Biodiesel unit, which is situated at Samsthan Narayanpur Village, Nalgonda District is running at 85% capacity utilization for the last few years and it is backed up by well reputed customers from various segments and (ii) Recent Diesel Price hike. The stock is expected to cross Rs.10, within the next few months time frame. Add the scrip on all declines, as the story is ready to explode. 
My recommended Central Bank of India Ltd, recovered today, like many bank scrips and touched Rs.73.50 intra-day before closing at Rs.73.10. If there is a Repo Rate and CRR cut, Banks, Real Estate, Construction, Infrastructure, Auto, and those under debt burden will rally as high cost debt would not be replaced with low cost ones. Look for an immediate target of Rs.79 (100 DSMA). The cross-over has already taken place, and the scrip is ready to move up.
Jindal Steel and Power Ltd recommended in this blog recovered after yesterday's crash, and closed at Rs.359.95. This is the scrip was above Rs.700, in 2010 and early part of 2011. You are getting the same scrip at almost half that price, in between we had inflation, and if we consider that, then you are getting the same scrip at further discounts. Meanwhile, lot of positives have happened in the company. Just invest and wait for the scrip to blast in the coming days. 
Tulip Telecom Ltd which is expected to restructure its debt through a CDR scheme, touched Rs.10.95 intra-day before, closing at Rs.10.49. Once, its CDR is restructured, it is expected to touch its 200 DSM, at Rs.57.67. Hence, add the scrip on all declines. It was trading at Rs.200 plus in 2009-10 period.CLICK HERE.
Kohinoor Broadcasting Corporation Ltd is hitting continuous upper circuits. Hope all of you have averaged the scrip, so that your cost price has come down. 
My recommended IVRCL Ltd today closed at Rs.25.50, near the day high of Rs.25.65, which is a positive sign. The book value of the shares is Rs.73.98, which means in case of liquidation of the company, one would get Rs.73.98 per share. Recenlty, IVRCL Ltd informed BSE that it has Bagged an order valued Rs.378.36 Crores. It has an order book of around Meanwhile,  Rs.25,000-plus crore. However, around Rs2,000 crore is needed towards equity infusion in the next three to four years, according to some media reports. According to a report by Kotak Institutional Equities Research, last year (2012), the firm plans to raise around Rs.900 crore through compulsory convertible debentures in the near term. Still, it would have to raise the balance through internal accruals or asset sales. Towards this end, and to reduce debt on its books, IVRCL has been striving to sell land parcels and some of its BOT road assets, as per some market news. “Monetization of BoT asset would help in resolving the funding needs, which will give better execution visibility to the transportation order book that stands at Rs.9,200 crore as on June 2012,” says a report by Emkay Global Financial Services Ltd. At the current price of around Rs.25.50 apiece, there seems to be limited downside.  CLICK HERE.