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, August 20, 2016

Winning Strokes: Think Different
Shrenuj & Co Ltd hit the UC at the late trade in the BSE. According to some  unconfirmed sources, the company having a debt of around Rs.3000 Cr is looking for OTS with the lenders. Forbes India writes on 18 August, 2016:
Since before recorded human history, the people of India have had an insatiable appetite for gold, treasuring it not only for its flawless natural beauty and religious significance, but also as a superb store of value.This tradition carries on today, with India’s demand for gold jewelry in 2015 reaching more than 668 tonnes, nearly a third of total global demand and second in size only to China. Demand fluctuates year-to-year depending on several factors, the two most significant being the number of Indian weddings held in the fourth quarter and the amount of crop revenue that’s generated as a result of the summer monsoon season. The wedding season is still three months away, but the June to September monsoon season is currently in full swing.
During an average monsoon season, the Indian subcontinent can receive close to 80 percent of its total annual precipitation. Most reports so far this year indicate surplus rainfall, with 12 inches being dumped nationwide last month alone, the fifth best month since the 1990s. This should come as welcome relief to Indian farmers, whose incomes have been squeezed by two long years of drought. It’s also good news for gold consumption. 
Moreover, if the WPI and CPI are rising, then this gives further ammunition for the gold bulls to be optimistic.  The manufacturers and diamond dealers in India's diamond industry are hoping business picks up from September, as the festive season kicks in. They are also placing added importance on holiday season this year, as the industry is expected to ramp up marketing for diamond jewellery. Shrenuj & Co Ltd is in the Jewelry business -- cutting and polishing of diamonds; trading in gold and platinum jewelry. Moreover, there were media reports some months back that Shrenuj & Co Ltd has taken a decision to “rationalize” its workforce after annual revenue slumped 34% and the company swung to a loss. The medium term target comes around Rs.15-17. Therefore, keep holding the shares as a series of UCs starts. 

The shares of Reliance Communications Ltd (Rs.50.20) is not going anywhere since the last few months, due to uncertainly prevailing regarding merger issue. There were reports in a section of the press that the potential merger of one of India’s 4th biggest telecom operators Reliance Communications (RCom) and Sistema Shyam TeleServices (SSTL) owned by Russian diversified holding AFK Sistema may be stalled with the transaction terms deteriorating, documents released by AFK revealed. In such a condition, I would suggest (.......for the Paid Members and for those who are trading through my associate brokerage house only).......

Reliance Defence and Engineering Ltd rose to Rs.67.40 intra-day before closing at Rs.66.65 in the BSE. The candle stick chart pattern and moving average crossover, indicates, that the stock could touch Rs.71-72, in the short term and in the medium term Rs.84-91. The company is scheduled to have AGM on  August 20, 2016. Turning profitable, Reliance Defence and Engineering today posted a net profit of Rs.102.4 crore for the quarter ended on March 31, 2016, largely on account of increase in deferred tax credit. The company had reported a net loss of Rs.158.28 crore in the same quarter of 2014-15. 

Those who are holding Manappuram Finance Ltd (Rs.87.40) since 27-28 levels are suggesting to book complete profits and then again wait for the dips to enter. Also, through who have almost tripled their wealth, by investing in the shares of Vedanta Ltd (Rs.179.05) can continue to hold the scrip with a SL of Rs.172.

Those who are holding Adani Enterprises Ltd (Rs.77.05) can continue to add the scrip on declines. The next targets are Rs.81-82.

The real estate giant Unitech Ltd (Rs.5.17) is expected to show better fundamentals post monsoon. The share price of the company is trading dirt cheap at the CMP, considering the intrinsic worth. The scrip should be added on all declines. The real estate and construction sector in India is expected to be the third largest globally by 2030, contributing over 15% to Indian GDP and emerging as the largest employer in India providing employment opportunities to over 75 million people.A recent background paper by KPMG in India and the National Real Estate Development Council (NAREDCO) provides an overview of the key programmes launched by the central government in the recent past to address the key challenges in urbanisation and the real estate sector, and throws light on the policy reforms undertaken by government to address these concerns.

Join either my Premium Services or my brokerage firm, to make up for all the losses, you made in the markets. Those who are having a portfolio size of only Rs.1-2 lakhs (especial offer till Deepawali/Kali Pooja) will get my Premium Service, free of charge, till they trade through my recommended brokerage house.  You are already trading through a brokerage house, then what is the harm to shift to my associate broker, if you are really my well-wisher? Your actions should define you, rather than sweet words. 

Moreover, those who have applied for the demat/trading account in my associate brokerage house/s, kindly give me a couple of days to streamline the operations. Meanwhile, those investors, whose accounts have become active are requested to deposit the amount for trading in the company's account, so that we can start from next week. 

Those who are NOT registered with me, kindly DON'T send me any mail or call me in future, as I am too BUSY to keep replying to FREE MEMBERS, through e-mails or mobile, for eternity. This affects my service to the Premium Members.....since my 1st priority is to serve them...The point is that, there cannot be a one-sided traffic - - the gestures should be reciprocal. 
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