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.....👍✌

Saturday, March 08, 2014

TV18 Broadcast: Ready To Surge Ahead
CMP: Rs.22.90
TV18 Broadcast Ltd's consolidated net profit more than doubled (142% from a year earlier) to Rs.51.67 crore in the third quarter ended December 31, 2013, on a fall in programming cost and marketing, distribution and promotional expenses and as its consolidated revenue increased.

The company had posted a consolidated profit of Rs.21.27 crore in the same period a year earlier.

Total income from operations rose to Rs.525.47 crore from Rs.512.43 crore, the company said in a BSE filing. Finance costs declined 46% to Rs.17.1 crore from Rs.31.45 crore. Expenses during the quarter declined to Rs.460.12 crore from Rs.474.99 crore.

The company reported its highest ever quarterly Operating Profit (EBITDA) at Rs.77.5 crore, up 61 per cent year-on-year with both the entertainment and news businesses turning in strong quarters.

On a consolidated basis, the company’s advertising revenues grew 3% year-on-year. While the news and infotainment advertising environment continued to be sluggish, entertainment led by Colors and MTV delivered strong double digit advertising growth.

Its net distribution Income continued its steady growth at Rs.43.6 crore, a rise of 145% year on year.

Entertainment operations at Viacom18, led by Colors delivered a healthy performance even as Motion Pictures saw losses in this quarter. Infotainment operations at A+E Networks I TV18 broke into positive territory and IndiaCast continued on its robust growth trajectory.

Chartically speaking, the scrip is trading above its 100D and 200D SMA and EMA. The MACD and other parameters are more or less in the buy mode. The scrip is expected to give decent return going from here; the immediate target for the scrip seems to be Rs.25.