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, May 13, 2013

SKS Microfinance Ltd, recommended at Rs.125.50--126, moved to Rs.127. But those who have bought today, will definitely smile tomorrow, as today's fall was healthy and will bring in fresh money in the markets. The inflation is coming down and the exports have started to improve, which augurs well for the bulls.
Today, the stock A2Z Maintenance & Engineering Services Ltd was recommended to this Free Blog at Rs.19.10. But, I feel some people sold out the shares of A2Z Maintenance & Engineering Services Ltd, on undue fear, that the ace investor Rakesh Jhunhunwala has sold a very small stake in the company shares in March, 2013. But what they fail to understand is that, last year, Rakesh Jhunjhunwala, last year (2012) bought 14.30 lakh shares of the company in NSE at Rs.100.03 a share, and 5.70 lakh shares in BSE at Rs.100, wife Rekha Rakesh Jhunjhunwala bought 6.50 lakh shares in BSE at Rs. 100.06 a share. Through the deals, the noted investor and founder of investment firm, Rare Enterprises, has pumped in Rs. 26.51 crore to buy 26.5 lakh shares or a 3.57% stake. According to a report, CLICK HERE,  published on March 13, 2013, in Business Standard, Rakesh Jhunjhunwala, along with Rajeshkumar Jhunjhunwala, Rekha Jhunjhunwala and Sushila Gupta collectively sold 1.03 million shares representing 1.39% stake in the company on March 7 and March 8. Post sale, the combined holding of these entities has declined to 19.91%, the company said. Rakesh Jhunjhunwala and his family which held 22.68% stake in the company at the end of September 2012 quarter have reduced their holdings by around 3 percentage points in the past six months.So, how is that such a small sell of stake have too much impact on the bottomline of the company? Also, he might be needing some urgent money for private use but further dilution is not expected, as the current price is much below his acquisition price, which is above Rs.100. Moreover, with the interest rate trajectory becoming favourable for the EPC companies and power sector expected to get re-rated, we can look for better days ahead for this company. Another thing which is worth noting is that RK also reduced his stake in Titan Industries, but why it  is still near its 52-week high price? Just think!! CLICK HERE. Therefore, this logic, one has to sell because the Big Bull has reduced his stake is misnomer and the stock price would soon move up. Those who have bought today, please try to increase your holdings but do put a STOP LOSS, at Rs.16.
Accumulate Suzlon Energy Ltd (CMP: Rs.14.01) on all declines. The company has an order book of Rs.40, 000 Cr plus and its working capital requirements has more or less stabilized. Besides there is a moratorium in paying interest rate, interest rate reduction, etc, which are not factored in the current price.