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.....👍✌



Tuesday, May 28, 2013

Market Mantra
Strongly recommended call of HDIL touched Rs.52.50, before the results on 29th May, 2013. The scrip which has a book value of Rs.238.53 is now trading at a joke. I am  looking at a target of Rs.120-122 in the next few weeks. The company has huge land bank and there is no reason to worry about its financials. HDIL had land bank of 229.93 mn sq ft  (1 million= 10 lakhs) as on 30th June, 2012. The TDR price as of August, 2012 were ~ Rs.2500 to Rs.3000 per sq. ft. Now calculate and compare the figures with the Gross debt of the company. Did you see the worth in the company's shares? Buy it and keep holding, even at this price of Rs.51-52. Also, the news that  RBI has barred banks from lending against gold exchange traded-funds and gold mutual funds is positive for the equity markets. This is expected to keep the Bulls happy.
Buy ARSS Infrastructure Projects Ltd (BSE Code: 533163) at Rs.31-31.50, T--Rs.37, SL--Rs.29.  The company has reduced the losses in the Q3FY13 as compared to Q3FY12. However, the most important part is that CEPS turned positive to Re.0.51 in Q3FY13 against (-) Rs.1.86 on Q-o-Q basis. There was also an improvement in both the OPMs and NPMs in Q3FY13. on Q-o-Q basis. The Book value of the shares of ARSS Infrastructure Projects Ltd is Rs.238.63.
Central Bank of India Ltd, another strongly recommended counter today touched Rs.68.45. Buy the scrip and keep holding for some decent gains going forward. This is not a momentum counter, but will act as an hedge in volatile times. CMP: Rs.67.80. 
Today A2Z Maintenance and Engineering Ltd, is showing some signs of bottoming out. Keep a close watch on the company and start averaging  on any pull back. Remember, the big Bull Rakesh Jhunjhunwala is having huge position in the company. CMP: Rs.16.95.
Glodyne Tech Ltd is consolidating before the declaration of the results on 30th May, 2013. The company is now doing a bit better and should turn black within the next few quarters. The debt levels have also come down, a bit due to some strong measures during the last few months. I have already recommended a speculative buy on the scrip. CMP: Rs.11.45.