SumanSpeaks: The Information Super Highway

The mid and small cap rally to continue in Dalal Street: Forget about immediate corrections: Today's Recommendations: Buy: 1. Gujarat Hotels Ltd (BSE Code-->50796) at Rs.52 . The company is expected to do well in the days to come due to hotel Season in the offing. Please keep holiding the counter for the time being as the company is showing good growth both in top line and bottom. THIS IS A 5-STAR HOTEL BASED IN VADODARA (BARODA) and which is under complete Renovation. The company has increased the Room Rents by 5%-10% in all categories. There are altogether 134 rooms in the said 5-Star Hotel. After the completion of the said Renovations,(which is expected to be completed within a short time), the Room Rent might increase further. This will give major boost to both top and bottomlines of the company. More in the following postings..... 2. Haldyn Glass Gujarat Ltd ( BSE Code-->515147) at Rs.42. The company should do well in view of both the construction and automobile ind...

Mid and Small Caps will continue to sizzle in the Indian Bourses: Today's highlights: Almost all of my recommended picks did well and I hope the Mid Cap and Small Cap Rally will not be affected too much by the F & O Settlement which is mainly a large cap issue (except some companies). 1. Essar Shipping closed above Rs.26 (Recommended at Rs.24.85). Action: Keep holding the counter and wait for the stock to cross Rs.27.5 convincingly to maintain the trend. The spurt in volume in the counter suggest that the stock should not go below this price. 2. Samkrg Piston & Rings Ltd closed above Rs.82. Action: Keep holding the counter and wait for the stock to cross Rs.88 convincingly. The current trend in the stock is intact. The scrip is consolidating in the range of Rs.79--Rs.82. Any new corporate announcement, which might be within a short time, could zoom it above Rs.100. The problem is that this company is not investor friendly and do not regularly post the corporate happeni...

Mid and Small Cap rally continues in Dalal Street ahead of F & O Settlement Today also FCS Software Ltd got freezed and So is Hazoor Media &Power Ltd, Gujarat Intrux Ltd and Southern Online Bio-Technology Ld. [ For recommendations of these picks please visit: www.bcozindia.com --->Market Watch Section of the site]. But do not wait too long in Hazoor Media...keeping booking profits and then purchasing. Since it is a T-group so be careful. Those who are holding FCS Software at higher price please exit this time using this rally. 1. Soma Textiles & Industries Ltd breaks the resistance of Rs.32 so keep holding the scrip with a SL of Rs.32. 2. Samkrg Piston and Rings Ltd is consolidating at Rs.82 levels and can spurt at any time. The company came up with a massive income from Exports in the last quarter( 30th June, 2006). This will continue in the following quarters due to the export intitiatives done in the last year. This company is in auto ancilliary space. It is also b...

Essar Shipping Ltd: CMP-->Rs.24.85. Recommendations: Buy. Price target Rs.37 and Rs.54. Essar Shipping Ltd is a flagship shipping company of the erstwhile Essar Group which has interest in various fields, starting from steel production to shipping. AN INVESTMENT in the Essar Shipping Ltd stock at Rs.24.85 may be considered. As there is likelihood of sizeable scaling up of revenues and earnings, the stock holds potential for considerable appreciation in value. A favourable industry environment in terms of freight rates, an expanded fleet, the contemporary nature of the fleet( comparatively young fleet) that ensures compliance with the increasingly stringent International safety norms that fetches higher charter rates, and the emerging presence in the very large crude carrier (VLCC) space are likely to drive earnings growth. Essar Shipping Ltd(ESL) is one of the world’s leading integrated sea logistics companies, with a special focus on transportation solutions for the global en...

Sugar Sector no longer sweet: Try to Exit most of your open position in the Sugar Sector. This is because: 1. Brazil is expected to have a bumper sugar cane crop, production, which is likely to pull the sugar prices down. 2. Ban on Sugar Exports 3. Ethanol Pricing is still undecided etc . But some sugar stocks still look attractive and they could be purchased for 5 to 6 months time frame. Best wishes, Suman Mukherjee India. http://finance.groups.yahoo.com/group/SumanSpeaks/

Mid and Small Caps will continue to sizzle on the Bourses: The effect is likely to spillover to the next month: Hope u have enjoyed my call on Zenith Computers Ltd and Southern Online Bio-Technology yesterday. Performance of some of my Recently Recommended Scrips till yesterday: FCS Software Ltd--->Recommended at Rs.89 got freezed yesterday Hazoor Media and Power->Recommended at Rs.9.50 got freezed yesterday Helios and Matheson Software Company Ltd->Recommended at Rs.146 rose to Rs.175 in 10 days Zenith Computer Ltd--> Recommended at Rs.80, almost got freezed yesterday. Southern Online Bio-Technology Ltd->Recommended at Rs.9.89 got freezed yesterday for the second time. First time it hit 5 consecutive upper freezez. Samkarg Piston and Rings Ltd--> Recommended yesterday at Rs.82 fell down marginally. It was earlier recommended at Rs.84. It crossed Rs.84 intraday and on the date of recommendation it rose to Rs.87.7. Only two days back it again rose to Rs.87. Essar Shi...

Mid-Day Masala: Buy Zenith Computer at Rs.80. The Stock is expected to hit the circuits today or in the following days. Buy Samkrg Piston and Rings Ltd at Rs.82 Buy Essar Shipping at Rs.25. Please note that these are not daily calls but they are delivery calls. Time period of holding generally varies from 3 weeks to 24 months. Best wishes, Suman Mukherjee India. http://finance.groups.yahoo.com/group/SumanSpeaks/

Mid-day assesment:Mid and Small Cap rally to spillover in the next month: The markets have opened firm today with almost all the Sensex stocks giving the necessary push. SBI is pushing on well after the passing of the act in the Parliament. The mid-cap and Small caps stocks are now moving up with a roaring price. But we are just on the tips of a Iceberg as far as Mid and Small rallies are concerned. There is lot of steam left in this space. Today also Hazoor Media and Power is on the buyer Freeze. But I would ask all to book some profits in the counter. Unless the stock Closes above Rs.12 for at least 2 days no definitive trend will emerge. FCS Software Ltd was also locked in the upper circuit in the morning due to heavy buying by some South Based operators. The stock has already moved up more than 40% from its low of Rs.66 in the month of June, 20006. I think it will be better if investors partially exit the counter taking the help of this rally. There is no doubt that market will en...

Mid and Small Caps to Sizzle in the bourses: But the overall sentiment should be positive Yesterday Indian markets closed in the green in a last minute effort. The US markets also managed a razor-thin gain on Thursday as investors sifted through data that pointed to stable interest rates but also suggested the economy has moderated more than expected. Like the Indian Bourses, the US markets were down for much of the day after reports of sluggish home sales and durable goods orders, but stocks then turned higher at mid-afternoon. Investors have been struggling to rebound after losses this week on concerns that the Federal Reserve's campaign of rate hikes has hurt the economy and that a soft landing might be harder to achieve. The data reinforced the views, that the Fed will remain on the sidelines for the time being. However, slowing economic parameters also mean consumer spending is softening -- a key factor that drives the economy and corporate earnings. Some Economist are worrie...

Essar Shipping storms ahead on raising funds for new vessels: Essar Shipping surged 2.24%, to Rs 25.10 on raising $ 200 million from overseas banks to finance ship-buying plans. As many as 1.05 lakh shares were traded on the BSE. The stock has surged sharply from late July 2006. From a low of Rs 21.10 on 21 July 2006, it rose to Rs 24.70 by 17 August 2006. At the current market price of Rs 25.10, Essar Shipping trades at 7 times its Q1 June 2006 annualized EPS of Rs 3.47. Essar Shipping & Logistics parent of Essar Shipping said on Wednesday that it had raised $ 200 million from a consortium of overseas banks to finance its subsidiary's ship-buying plans. The 10-year facility was fully underwritten by De Nationale Investeringsbank N.V. Inc. and was availed at a pricing of 120 basis points over the LIBOR rate, the company said. Essar Group announced last Thursday that it had consolidated its shipping and logistics business under Essar Global, its overseas investment arm. Essar G...

Essar Shipping storms ahead on raising funds for new vessels: Essar Shipping surged 2.24%, to Rs 25.10 on raising $ 200 million from overseas banks to finance ship-buying plans. As many as 1.05 lakh shares were traded on the BSE. The stock has surged sharply from late July 2006. From a low of Rs 21.10 on 21 July 2006, it rose to Rs 24.70 by 17 August 2006. At the current market price of Rs 25.10, Essar Shipping trades at 7 times its Q1 June 2006 annualized EPS of Rs 3.47. Essar Shipping & Logistics parent of Essar Shipping said on Wednesday that it had raised $ 200 million from a consortium of overseas banks to finance its subsidiary's ship-buying plans. The 10-year facility was fully underwritten by De Nationale Investeringsbank N.V. Inc. and was availed at a pricing of 120 basis points over the LIBOR rate, the company said. Essar Group announced last Thursday that it had consolidated its shipping and logistics business under Essar Global, its overseas investment arm. Essar G...

Volatility afflicts Mahindra Gesco Developers: Mahindra Gesco Developers slipped 4.50%, to Rs 722.50 on a high volume today. The counter clocked high volumes of 20.12 lakh shares on BSE. The stock had tanked to a low of Rs 700 in early trade and recovered to hit a high of Rs 750.90, as buying resumed. The stock has been witnessing high volatility on high volume since the past few sessions. From Rs 518.80 on 07 August 2006, the stock surged a whopping 68% in just eight trading sessions. The average weekly volume also soared to 20.77 lakh shares on BSE, which are almost 7.5 times its annual average volumes of 2.82 lakh shares. Here, it started declining till Rs 756.50 by 23 August 2006, on profit booking after a sharp surge. Brushing aside concerns of a revenue loss raised by the finance ministry, the Empowered Group of Ministers on special economic zones on Wednesday decided not to impose any further caps on the number of zones that can be set up in the country. The group said it would...

Mid-day Masala: Buy: 1. Monnet Ispat at Rs.170 , SL-->168. Since the steel prices are rising and the coal prices are coming down it will add to the fundamentals of the company. Already Posco has increased the price of some of its steel products. I have been telling from the last month that there there might be increase in the steel prices in the months of August. Those who are in SumanSpeaks group, please search my previous mails to confirm this. 2. Samkrg Piston and Rings Ltd at Rs.82---> SL-->Rs.79. This is still available at dirt cheap price. With the current EPS ( Considering Q1FY-06-07 Results of the company) the stock should at least trade above Rs.140.... But look at the price at which this auto ancilliary major is trading. If we consider the P/E of major AUTO ANCILLIARY companies, Like Bharat Forge, Amtek Auto, Rane Brakes etc, this should trade not less than Rs.300 with the current fundamentals. Its exports are picking up and its past export initiatives are paying no...

Companies Transferred to 'Z' Group. As a Surveillance measure, the companies Mega Corporation Ltd. (Scrip code:531417) and IFSL Ltd. (Scrip code:531998) will be shifted to “Z” group with effect from Tuesday, August 29, 2006. IFSL Ltd. should have have been moved to the "Z" group long back, due to its involvements in ramping up the price of its shares by presenting false information on its balance sheet. I do not know how far SEBI has suceeded in filtering out such bogus managements of companies and dumping them in Z-groups. Many such companies which are still ruling the bourses and needs to be transferred to "Z" Group are: Aditya International Ltd, Trijal Industires Ltd, G V Films Ltd, Oasis Media Ltd, K C Bokadia Films Ltd (This is now only a software company, K C Bodia has left the company, but the name still remains due to some unknown reasons), Jhagadia Copper Ltd (Fomerly SWIL, the company is known to flout all the dislosure norms but still is a da...

Govt clears 46 new SEZs: Wednesday, 23 August , 2006 New Delhi: The Government on Wednesday cleared 46 new Special Economic Zones including two multi-product SEZs spread over 2000 hectares by Essar in Jamnagar and AP Industrial Infrastructure Corporation in Vishakapatnam. While the SEZ promoted by Essar would have an area of 2,470 hectares, the APIIC's project would be spread over 2,309 hectares, according to a release issued here. Apart from a multiple product SEZ, AIIPC's 111 hectare SEZ for electronic hardware has also been approved by Commerce Minister Kamal Nath. Today's approval takes the number of aprovals to 150, as 104 SEZs had been cleared earlier. Of these 46 SEZ, as many as nine are from Maharashtra, seven from Andhra Pradesh, five from Karnataka and four each from West Bengal and Tamil Nadu. Three proposals of SEZs from Gujarat and Haryana have also been cleared while two SEZs have been given the go ahead, in Uttar Pradesh, Kerala, Punjab and Uttaranchal. On...

The Mid-day assesment: The markets today as expected are range bound due to to the shortage of some shrill news from the corporate sector. The first quarter results which are normally bad at this time of the year were compartively good specially in case of some companies. The software and Auto ancilliary sectors are expected to do well in the coming days. Today Metal Stocks are also doing well. Buy / Sell / Hold: Helios & Matheson Software compay Ld->Hold with a Stop loss of Rs.169 Garnet Construction Ltd--->Hold with a SL of Rs.39 Rana Sugars Ltd--->Exit if it cannot conquer Rs.32 JBF Industries Ltd--->Since the first target has been achieved partial profit and keep the remaining for long term with a SL of Rs.89. J K Cements---> Since the first target has been achieved book partial profit and keep the remaining for long term with a SL of Rs..135 Tips Industries Ltd--->Book partial profits and keep holding the rest with a SL of Rs.24 Cipla Ltd--->Since the fi...

Today's Recommendations: Samkrg Piston & Rings Ltd: CMP--->Rs.84.9 It is an automotive components manufacturing company. SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets.Pistons: SAMKRG is a recognized industry expert in piston technology, piston design, and piston production combined with know-how & experience gained from the production of over more than 5 million pistons. Pistons are available with various diameters ranging from 35 mm to 120 mm for combustion engines of all types and sizes with complicated crown shapes used in the automotive markets.Rings: SAMKRG manufacturers both cast iron and steel rings to suit the requirements of the automotive markets. Cast iron rings are in the diameter range of 35mm to 120mm and steel ring...

Today's Recommendations: Samkrg Piston & Rings Ltd: CMP--->Rs.84.9 It is an automotive components manufacturing company. SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets.Pistons: SAMKRG is a recognized industry expert in piston technology, piston design, and piston production combined with know-how & experience gained from the production of over more than 5 million pistons. Pistons are available with various diameters ranging from 35 mm to 120 mm for combustion engines of all types and sizes with complicated crown shapes used in the automotive markets.Rings: SAMKRG manufacturers both cast iron and steel rings to suit the requirements of the automotive markets. Cast iron rings are in the diameter range of 35mm to 120mm and steel r...

The large Caps to remain rangebound--Mid and Small Caps to Sizzle: Stocks ended flat Tuesday, after comments from a Federal Reserve official revived concerns about higher inflation and eroded earlier gains. All three major gauges had gained through the morning yesterday, as investors breathed a sigh of relief that the U.N.'s talks with Iran about its nuclear capabilities look to be moving ahead & giving hopes that Middle East tensions might ease. However, gains were dwarfed by revived worries about the economy following afternoon from Chicago Fed Bank President Michael Moskow. The Dow Jones Industrial Average (down 5.21 points to 11,339.84) ended a few points lower, while the Nasdaq composite (up 2.27 points to 2,150.02) and the Standard & Poor's 500 (up 1.30 to 1,298.82) index both closed a bit higher. The comments by Chicago Fed President Michael Moskow unnerved investors looking to revive last week's rally after having collected profits on Monday. The US retail...

Both the recommended stocks jets past.The markets close flat today: Good evening to u all.......Yes, u are right the hidden gems today were Samkrg Piston and Rings Ltd which closed at Rs.84.9 and the other one was Rasoya Protein Ltd, which closed at the upper circuit. Samkrg Piston & Rings Ltd is an automotive components manufacturing company. SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets. Pistons: SAMKRG is a recognized industry expert in piston technology, piston design, and piston production combined with know-how & experience gained from the production of over more than 5 million pistons. Pistons are available with various diameters ranging from 35 mm to 120 mm for combustion engines of all types and sizes with complicated crown sh...