Good news on Premier Explosives Ltd: Hope this will put the hearts of bruised and battered souls in order: I have mentioend ealier that this company will declare good results at the end of this months--but many took it as a disbelief, but those who had taken the news seriously and had accumulated the stock around Rs.37--Rs.41 range will be now be rewarded. This is equity markets, where patience is the key parameter to spin money. I have mentioned a number of times that I am too bullish on this counter:

The Premier Explosives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 30, 2007, to consider and take on record the Audit Financial Results for the Financial Year ended March 31, 2007 and also considering recommendation of dividend for the year 2006-2007.

Besides the results will be excellent as mentioned earlier in my report at www.bcozindia.com and www.sumanspeaksplus.blogspot.com, which will give it the necessary thrust to move ahead. A major shareholder has already increased his stake in the company to 5.18%. Premier Explosives had shown a quantum jump in net profits for the quarter ended December, 2006. During the period, the company reported a 56.30% rise in profits to Rs 7.94 million from Rs 5.08 million, as compared to the same quarter last year. But the sales for the quarter declined marginally by 5.91% to Rs 159.26 million compared with the corresponding quarter, a year ago----showing that the margins of the company has increased and also its cost cutting measure are turning effective. Shares of the company closed up Rs 0.50, or 1.17%, at Rs 43.15. The total volume of shares traded at the BSE was 12,219 on last Friday.

In the same way the people will get benefitted in Southern Online Bio Technologies Ltd with few weeks, after it starts commercial production and nets a big order from a South India based Transport company, which is expected to absorb 85% of the produce.

I am also bullish on Torrent Power Ltd and Vishal Exports Ltd for the long term.