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.....👍✌



Tuesday, July 01, 2014

 Birla Shloka Edutech Ltd: Updates
Birla Shloka Edutech Ltd, the Yash Birla Group of company is having around Rs.500 crore-plus order book in hand. Moreover, it is slated to get a project from Orissa soon. It already has orders from Maharashtra and Tamil Nadu Governments. The company is looking to reduce its debts on the books. In March, 2014, the company declared that it has received an order from School Education Department, Government of Tamil Nadu for implementation of information and communication technology scheme in 1820 Government High & Higher Secondary Schools in Tamil Nadu State with a total project value of Rs.359 crore. It is already doing a 5-year contract from the Maharashtra government.
The scrip has a book value of Rs.50.36 and its market cap is only Rs.10.07 crore. According to Money Life of February, 10, 2014, it bought a piece of land in Oshiwara (a Suburb of Mumbai near Andheri West) at Rs.16 crore.

Financials:
Net profit of Birla Shloka Edutech rose 27.08% to Rs.3.52 crore in the quarter ended March 2014 as against Rs.2.77 crore during the previous quarter ended March 2013. Sales declined 37.81% to Rs.33.19 crore in the quarter ended March 2014 as against Rs.53.37 crore during the previous quarter ended March 2013.

For the full year, net loss reported to Rs.3.28 crore in the year ended March 2014 as against net profit of Rs.5.05 crore during the previous year ended March 2013. Sales declined 71.54% to Rs.63.63 crore in the year ended March 2014 as against Rs.223.56 crore during the previous year ended March 2013.

Conclusion:
The scrip is currently trading at Rs.4.85 and is looking highly undervalued. The investors can buy the scrip for a target of Rs.7-8 in the next 4-5 months time frame. According to my close sources, the company is going do well in the subsequent quarters. However, it is not a momentum counter.

Note: This information was put on the Paid Blog, on last Sunday, i.e, on 29th June, 2014. The scrip hit the upper circuits yesterday (30th June, 2014) at Rs.5.09. Join the Paid Service or trade through my recommended brokerage house/s to stay ahead of others. Also, allow experts to trade on your behalf and cover all your losses. For details mail me at: suman2005s@rediffmail.com.
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