Tuesday, August 19, 2014

My recommended Genera Agri Ltd (Rs.6.510 hit the buyer freeze in the late afternoon trade. The scrip has a book value of Rs.76.02 and EPS of Rs.1.70.
IVRCL Ltd moved up in late afternoon trade, after the following news was sent to the Paid Group members: The government is modifying the way projects are allocated based on assessment of viability, in a bid to fast-track award of highway projects.  
Resurgere Mines and Minerals Ltd hit the buyer freeze on both the exchanges as the Goa government plans to renew the mining leases of those who have paid stamp duty.Goa Chief Minister Manohar Parrikar, in the State Assembly on Monday, said that atleast 27 mining leases on which stamp duty has been paid would be renewed by October 15. Moreover, the company is looking at P.E. funding to revive its business. Also, one of the biggest beneficiaries from the start of mining operations in Goa, would be Western India Shipyard Ltd (Rs.2.08). 
PVP Ventures Ltd (Rs.6.50), fell by more than 5% in BSE today. The scrip will NOT RISE till the promoter family (of Potluri Vara Prasad), stops sucking the company from the top to bottom. Money generated from this firm would obviously be siphoned off to his family entities, showing fictitious balance sheet/s. His hob-nobbing with Sachin Tendulkar and others are only to hide the essential truths----looting the shareholders to the last drop of blood. He is one of the biggest CROOKS of Vijayawada and it is good that Mr.Chandra Babu Naidu has denied him a ticket in the last Parliamentary elections. 
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