Wednesday, April 09, 2014

WINNING STROKES: THINK DIFFERENT
A2Z Maintenance and Engineering Services Ltd recommended yesterday, at around Rs.10.40, to the Paid Service Members, today hit the buyer freeze in the morning trade at Rs.10.72 in the BSE.  The company has very recently done a Master Restructuring Agreement--wait for non -stop upper freezes in the coming days. The book value of the shares of the company is Rs.148.91 and the market cap is only Rs.86.94 crores.
My recommended  Hindustan Construction Ltd (HCC) at around Rs.12.70--12.80, T--Rs.15, SL--Rs.11.70, on 4th February, 2014, to both the Premium and  Free Members, today touched Rs.19, the 2nd target. 
My recommended Marg Ltd hit the 3nd consecutive buyer freeze at Rs.8.69. The stock is expected to hit some more buyer freezes on the way to its 1st target of Rs.12.3.
Today Unitech Ltd was recommended to the Premium Members at Rs.15.70, due to some positive news in the counter. Unitech Ltd recently informed the BSE that Unitech Corporate Parks Plc (UCP) has received an approach from a third party expressing interest in potential acquisition of its wholly owned subsidiary Candor Investment Limited and that it is currently in discussions regarding a possible sale of this subsidiary. Further the Company has informed that, along with the approach to UCP, the Unitech Group has also been approached by a third party in relation to a strategic alliance for carrying out the remaining development of the IT SEZs / Parks currently under development along with the potential acquisition of its stake in certain IT SEZs / Parks. The scrip after forming a H&W pattern has been continuously moving up since Rs.12.8. The next target seems to be Rs.17.4. 
Glodyne Tech Ltd which was recommended to the Paid Groups at around Rs.4.92, today hit the buyer freeze at Rs.6.21. The scrip should now move up steadily to around Rs.14-15. 
Today, Allied Digital Services Ltd which was asked to be accumulated around Rs.11.70-12 today touched Rs.13.48 before closing at Rs.13.26. The stock should move towards its next target of Rs.21-22, in the coming days. 
Tulip Telecom Ltd has hit another buyer freeze at Rs.4.35. The scrip was asked to be accumulated a couple of weeks back. Tulip has huge assets and the book value of the shares of the company is Rs.45.34.
IVRCL Ltd which was recommended around Rs.12.70, last  week today touched Rs.15.39, before closing at Rs.15.15. The scrip has a book value of Rs.70.68 and would get benefited by the recent government action. Once, Essel Group, a Zee Group company which is known to be sympathetic to the BJP (Bhartiya Janata Party) held substantial stake in the company. Subhash Chandra is the Chairman, Essel Group & ZEE. This is driving the stock up. The Hindu Business Line, 6th Apri, 2014 writes: 
Infrastructure companies, for one, often sub-contract work to group entities, or execute projects through joint ventures or SPVs. The actual construction may be taken on by the parent, or it could be the reverse, with the subsidiary or group entity executing a part of the project bagged by the parent. All this results in construction contract charges being exchanged between them. Reliance Infra, IRB Infra, IL&FS Transportation Networks, IVRCL, JSW Energy — all execute projects through subsidiaries or joint ventures. Such sub-contracting, no doubt, gives the parent company greater control over execution and delivers better profit margins to boot. The next target for the scrip seems to be Rs.17, with a resistance at Rs.15.80. 
Country Club (I) Ltd today moved to Rs.8.99 to close at Rs.8.68. The scrip is trading very cheap compared to its current fundamentals. We can expect the scrip to touch Rs.16-17, in the coming days.