Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Wednesday, September 18, 2013

Kohinoor Broadcasting Corporation Ltd has been hitting non-stop buyer freezes since it fell to around 13 paise or Re.0.13. Today the scrip got locked at the upper circuits at 24 paise or Re.0.24. The stock has been repeatedly asked to be bought for long term gains. Those who have bought,  1 (one) lakh shares of the company, investing at around Rs.14, 000--16, 000 where it hovered for a long time, will make Rs.1 lakh if the share touches Rs.1 and Rs.10 lakhs (or one million) the day it touches Rs.10. So, congratulations to all those who have been holding the scrip since a long time or have averaged it. Lot of gentlemen from around the world have promised me lot of gifts, once this scrip reaches Rs.5. I am waiting for that...........LOL. 
Punj Lloyd Ltd was today recommended as a strong buy at around Rs.23.60. The company is a turnaround case, and should give decent returns going forward. However book, small, small profits on the way to Rs.40-45. This company is generally seasonal and it starts moving up generally post September (when the monsoon in over in most parts of India) of every year and continues till March--April and even sometimes till May. 
Allied Digital Services Ltd hit the buyer freeze at Rs.21.12, in the late afternoon trade. It seems the scrip is heading towards Rs.31-32 mark. It remains to be seen if it can cross that level or not. 
Many, traders and investors, sold the shares of Manappuram Finance Ltd (Rs.14.75) and Muthoot Finance Ltd (Rs.96.80) during the last few days, after the price of gold started to fall. But the moot point is that, fall in gold price will not have much impact on the companies as they do not sell gold or ornaments made of gold, but give loans keeping Gold as mortgage. Now as explained earlier, since LTV, is 60%, hence, the "Gold Loans" are more or less SAFE. It is strange why the market is selling the scrips, inspite of the companies doing fine fundamentally speaking, especially Manappuram Finance Ltd, and also it was recommended by a well known brokerage  house!!