Tuesday, June 27, 2017

Winning Strokes: Think Different
Shares of realty firm Unitech Ltd today surged nearly 7% after it sold 74 acres of land in Gurgaon, Chennai and Hyderabad for Rs.260 crore to boost cash flow and complete ongoing projects. With real estate sector facing multi-year slowdown, Unitech has decided to surrender a big chunk of land parcel in Noida to the local development authority as the company has been unable to clear dues of about Rs.4, 000 crore. The company had huge Land bank, which it is slowly capitalizing. 
Moreover, as the Affordable Housing Segment booms in the Indian real estate markets, the home loans below Rs.10 lakh have surged by 43% in the last fiscal year (FY2017).

The shares of RCom today crossed Rs.22, intra day, but could not sustain. Unless the shares of RCom close above Rs.22.50, the supply will always take it down. Moreover, those who have lost money in RCom (Rs.21.75), should start with fresh funds, to come out as winner.

I have recommended Two Dividend paying stocks to.the Premium members and also updated them on Rasoya Proteins Ltd (Re.0.15).

Yesterday, someone asked me why I don't frequent Money Control Message Board (MMB) and put my views there. I said, I am not too interested in visiti a BROTHEL, run by some PIMPs in the form of MMB administers/moderators too often; however much Sensual it looks from a distance.
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