Monday, July 09, 2007

Some Updates:
Jamna Auto Industries Ltd may come out with another preferential issue at a much higher price, which could lead to fireworks in the Jai Parabolic Springs counter, which is to be merged with Jamna Auto in the swap ratio of 2:1. The last preference issue was able to wipe out most of the debts of Jamna Auto Industries Ltd. Jamna Auto is expected to come up with very good results in the June, 2007, quarter. Last quarter had it not written off Rs.8 Cr, its profits would have been quite heavy. It is to be remembered that Jamna Auto Ltd is one of the largest auto parts makers in Asia, and is a OEM to a number of renowned companies in India and Overseas.
Ansal Buildwell Ltd is recommended by a prominent Portfolio Management Service(PMS). It has mportant projects going on in Guwahati and Shillong each and another new project is expected to take-off soon. Don't go by the EPS of the company before buying it; as lot of factors other than EPS plays, for a stock to rise up. I had recommended W S Industries Ltd to the Premium Group Members. The company has almost completed one important project--the details about which will be disclosed shortly. Silverline Technologies Ltd recommended some days back, hit second consecutive circuits. The natural target of is Rs.22-Rs.24. Those, Premium Group members who have averaged Zigma Software Ltd at around Rs.0.76--Rs.0.8, are all enjoying, today. ALL MY SCRIPS ARE RESEACHED TO THE HIGHEST DEGREE BEFORE RECOMMENDING TO THE INVESTORS / TRADERS---hence I do not basket(one scrip daily) recommend like most of the PMS. Note:To get information about, how to get registered in Premium Membership Group (Paid Group), please send me a mail at suman2005s@rediffmail.com.

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