As you are aware that I had recommended Premier Explosives a couple of days back when the stock was in the lower circuit. Till that date it did not come down heavily from the recommended price leave alone the lower circuit..... I had already posted a Research Report on this company at www.eindiabrokers.com for the benefit of all and sundry. But, those super intelligent investors who seems to know everything and has an opinion on everything, and who might have exited the counter using their own gray matters, must be banging their heads on the ground; as there is a good news on the counter: Premier Explosives Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 31, 2007 has proposed to seek the approval of its shareholders through Postal Ballot for a resolution to give authority to Board for sale of assets of its Mushroom Division. This will give additional revenues to the company's Kitty which will help the company's expansion. This news could propel the stock to above Rs.100 in the days to come. Please keep a close eye on the counter and Keep away from the "Idiots and Thugs" if u want to make money from the markets. The more u avoid conferences in Yahoo Messanger, the better will it be for ur financial health. Best wishes, Suman Mukherjee India. www.eindiabrokers.com www.sumanspeaks.blogspot.com http://finance.groups.yahoo.com/group/SumanSpeaks/
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