Wednesday, January 22, 2014

Entegra Ltd hit another buyer freeze in the opening trade. The scrip is moving towards Rs.10-12 in the coming days. So, try to rise this moving bus, whenever you get time---it is from a reputed group, and hence one need not  have to think too much of its pedigree. 
Shree Ganesh Jewellery House (I) Ltd today closed flat at Rs.26.50. The stock should give decent returns going forward, as off late we have seen the buoyancy in the Gold loan companies. Moreover, the company is expected to benefited from the government of India's 80:20 policy regarding gold jewellery exports. It is taking all measures  to focus more on exports, to maximize shareholders' wealth. 
Southern Ispat and Power Ltd closed with a loss of more than 9%, due to large scale erratic buy and sell trades by the operators. However, with market cap of only Rs.32.91 Cr, Half Yearly EPS of Rs.1.15 and FIIs increasing their stake from 1.49% in September, 2013 to 1.63%  in December, 2014, the scrip looks attractive at the current price of Rs.2.49. Also, The Bank of New York Mellon DR  holds 59.80% of the shares of the company. Moreover, during the September 2004 the management decided to increase its capacity and control the expenses by installing one 6 MT furnace with advanced technology instead of 3 furnaces. According to the management this move has increased the profitability of the company to a very good position. This new venture has cut short the expenses in several ways, like maintenance, labour, consumables, cutting charges etc. Now there was a recent media report that the Karnataka government has handed over 2,000 acres at Kuditini in the Bellary district to global steel giant ArcelorMittal to set up a six-million tonne-per-annum (mtpa) plant (6 MT Plant). The company had signed a memorandum of understanding (MoU) with the state government to set up the plant at an investment of Rs.30,000 crore. On October 3, 2013, the Times of India wrote: "Godawari Power and Ispat Limited, a Raipur-based iron ore pellets and steel producer, plans to set up a 1m tonne (1 MT) steel plant at an estimated cost of about Rs.4,500 crore in the state". Therefore, now you can calculate the cost of setting up such a steel plant in any part of India and find out the valuation of the share price. Besides, the company last year in its annual report said, that it is in dialogue to acquire 50% stake, in Buxwaha Iron Ore mine spread over 150 Hectares in Chattarpur area of Madhya Pradesh. I think the scrip could be hitting repeated buyer freezes in the coming day, as its share is ridiculously priced, even without considering the company's other business. The scrip should be moving towards Rs.7-8, in the coming days. 
Have  you made losses in the share market or are you new to the trade? Are your losses more than 60% or even greater say 150% or even more...?? Don't worry, all the losses can be covered by careful trading. The small and mid caps which generally give high returns have started to perform once again, and you should now grab this GOLDEN OPPORTUNITY with both the hand. Join me or allow me to trade on your behalf and invest a little of the funds  you have in your possession to see the trick. You need to know which stocks to average and which stock to sell out and exit. An expert generally covers up all the losses in the markets and makes money, in a give period of time. None  can  give returns which a stock market can deliver, over a given time. So, take decisions quickly as you have make hay while the sun shines.