Friday, April 11, 2014
WINNING STROKES: THINK DIFFERENT
The dream run of Shree Ganesh Jewelry House (I) Ltd has at last began, with the scrip touching Rs.34.20, intra-day. The scrip is expected to touch Rs.41-42, in the short term. One should accumulate it on all declines. Q4FY14 results are expected to be better than Q3FY14.
Glodyne Technoserve Ltd hit another buyer freeze in the mid-afternoon trade at Rs.6.83. The scrip was asked to be recommended to the Paid Groups at Rs.4.92.
Unitech Ltd recommended a couple of days back to the Premium Members at Rs.15.70, today touched Rs.17.34 before closing at Rs.1.85. The scrip is slowly moving towards Rs.21-22.
Jai Balaji Industries Ltd which I bought for some of my clients at around Rs.12.30, for whom I do the trading, today hit another buyer Freeze at Rs.13.37. The current market cap of the company at Rs.89.90 Cr is simply a joke considering the enterprise value of the company including its mines. I expect the scrip to hit non-stop buyer freezes in the coming days. Buy the scrip on any given opportunity, as the scrip could be heading towards Rs.29-30, in the coming days.
A2Z Maintenance and Engineering Services Ltd today touched Rs.12.70, before cooling down at Rs.12.09 at the end of the day. The company has completed a master restructuring plan and has order book in hand. The company henceforth is expected to do much better, according to my close sources. Incorporated in 2002, A2Z Maintenance & Engineering Services Ltd. (AMEL) is an established EPC company provides services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company has diversified its EPC services to power generation companies and companies in other sectors such as road and telecommunications. In addition, the company is also in other businesses such as (i) power generation from renewable energy sources; (ii) municipal solid waste management services (iii) facility management services; and (iv) developing information technology solutions for power utilities. The power sector in India is slowly moving from a regulated return framework to a market driven pricing mechanism. This is providing a major boost for private entrepreneurs to enter the power sector and set up projects. Demand for engineering, procurement and construction services in the power transmission lines and power distribution businesses is largely dependent on development, demand and new investments in the power generation, transmission and distribution sectors. AMEL is engaged in the FMS business (Facility Management Services) since its incorporation in 2002. The company’s services in the FMS business include engineering maintenance (mechanical, plumbing, electrical, HVAC, DG Set), energy saving solutions, janitorial services, parking management, property lease management, telecommunications tower maintenance and security services to public and private sector clients. AMEL has also diversified into the Power IT Solutions business, where it executes projects as a systems integrator by developing solutions for aggregate technical and commercial (AT&C) loss reduction in India. The ace investor Rakesh Jhunjhunwala is still holding a substantial stake in the company. I am expecting the scrip to cross Rs.20, in the short term, as at present there is no negative news.
Allied Digital Services Ltd (ADSL) which was asked to be accumulated around Rs.11-12 today touched Rs.15.80 before cooling down at Rs.15.23. The scrip is moving towards Rs.21-22 in the coming days. Many of the Gujarati management (Nitin Shah is the CMD of ADSL) companies are moving up fast on the optimism that Narendra Modi could become the next Prime Minister of India.
There is no stopping of IVRCL Ltd and HCC Ltd as both the scrip moved up in tandem. While IVRCL Ltd touched Rs.16.10 intra-day before closing at Rs.15.80, HCC Ltd (recommended at Rs.12.70-12.80 on 4th February, 2014) closed at Rs.19.20, after touching a high of Rs.19.80 intra-day.
Marg Ltd, which was recommended around Rs.7.65 on 3rd April, 2014, to the Paid Groups, today hit another buyer freeze to close at Rs.9.56. With a BOOK VALUE of Rs.180.91 wait for non-stop buyer freezes in the coming days.