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Showing posts from August, 2007
Today's Call: Buy Kisan Mouldings Ltd(BSE Code-->530145). The Company's principal activity is to manufacture PVC pipes and plastic moulded furniture and fittings. The product includes all kinds of firings of PVC resin, flush tank, PVC pipes and hope pipes and plastic furniture. The company operates in two segments, namely, PVC pipes and fittings and Moulded furniture. In the year 2005, following the amalgamation of Gaurav Agro Plast Limited (GAPL) in terms of the Scheme of Amalgamation, Kisan Moulding has advantageous to avail the benefits from the combined activities and operations of two Companies into a single Company for synergistic linkages besides the benefit of financial resources and managerial expertise of each other which is reflected in the profitability of the amalgamated company. The Amalgamation besides offering other benefits has also result in cost saving, pooling of resources, larger net worth base, wider dealer network. Kisan Moulding ltd has excellent ...
Sensex regains 15,000: Karuturi Networks Ltd mentioned(along with a brief report) in the last Sunday Report to Premium Group Members of SumanSpeaksPremium, hit the buyer freeze yesterday, after it became the worlds largest supplier of Roses. Now keep watch on Pochiraju Industries Ltd which is also in the same fields, having much better fundamentals than the former : Kanishk Steel Industries Ltd recommended at Rs.43 and Rs.44, hit the buyer freeze: Oscar Investments Ltd recommended at Rs.198, a Ranbaxy Group company hit third consecutive buyer freeze: One can try Refex Refrigerants Ltd today at Rs.64--Rs.65 range for some decent appreciation in 8-12 months time frame. The company is into making of eco-friendly refrigerants(HFCs) gases for refrigerator and air-conditioners. The company's order book is bursting at the seams, a case akin to AIA Engineering Ltd when it was at Rs.450. Its peer group companies are Navin Fluro and Gujarat Flurochemicals Ltd, which are trading at rich va...
Power and Embedded Power Compaines to benefit: Sensex recovers from early low ; above 14 ,800: There are indications from the sources, that Power Companies may get tax holiday’s, custom duty waiver for over 25 MW projects. If this is to happen it’s a big positive for the power sector and companies and embedded power plays, like Reliance Energy, NTPC , Kanishk Steel Industries Ltd(it's 70 Mw power project is expected to be complete by June, 2008. It already have good power production capacity for commercial and for domestic purpose), Monnet Ispat(it already has 60 Mw of power capacity and planning some more), Tata Power etc. which are already in a expansion mode may be benefited hugely from this move. I have been the Premium Group members that there are some accumulations going on in Kanishk Steel Industries Ltd for some time. Yesterday Kanishk Steel hit the buyer freeze. Keep holding the scrip for some wonderful gains in future. My Monday's recommended scrip Oscar Investments...
Kolkata Digest: Bengal transport minister Subhas Chakraborty said it long before others moved in: talk of withdrawing support to the UPA government at the centre, he said, was "idiotic" and nothing but a fatuous pronouncement by "so-called Left leaders who don't have to bear the consequences of their actions": Jaideep Mazumdar Towards Rejuvenation? Bengal is on a roll. That the Japanese Prime Minister chose Kolkata as his only stop in India after New Delhi attests to this. And Shinzo Abe didn't touch down just to visit Netaji Subhas Bose's residence-turned-museum or Tagore's home. He discussed business, promised investments and aid and expressed faith in Bengal's potential. Japan is already helping Bengal in a big way in developing infrastructure and in its chemical sector and more investments in these and other sectors will, no doubt, herald renewed attention on Bengal from global investors. Bengal is poised to take a great leap forward by...
If the deal survives, it will be a defeat for the Left. If the deal collapses, the BJP will extract full advantage from that: Rajinder Puri : At the moment of writing one cannot say if the Indo-US nuclear deal will survive. If the deal survives, it will be a defeat for the Left. If the deal collapses, the BJP will extract full advantage from that. Either way the Left is a loser. The Left used gestures instead of actions. It adopted postures instead of policies. Thereby it lost both its faces. Smart managers use the carrot-and-stick policy. The Left uses the Karat-and-stick policy. This policy recognises no reward. It only gives punishment. Each time the government acted, Karat angrily waved his stick in the air. Karat took care the stick never hurt the government. It was meant only to impress Left supporters. Karat thought they would believe he was a tough guy keeping filthy pro-US ministers in line. When the Indo-US nuclear deal first came up, Karat waved his stick and said: "...
Assam youth held in connection with Hyd blasts: Hyderabad police on Tuesday arrested a man suspected to be involved in the twin terror bombings, even as the death toll in the deadly attacks mounted to 43. Mohammed Abdullah, a native of Assam, was taken into custody after residents of Bowenpalli neighbourhood of Secunderabad caught him under suspicious circumstances. The youth also had injuries on his head and hands. report continued below Police are questioning him to ascertain whether he has any links with the worst-ever terror attacks in the history of Andhra Pradesh that took place on Saturday evening. Preliminary investigations indicated that the bombs were planted minutes before they exploded and police have not ruled out the possibility of the bomb planters receiving injuries. Meanwhile, the death toll in the blasts mounted to 43 with one of the injured succumbing to his wounds at a private hospital. Srinivas Rao, a native of Visakhapatnam, was standing near Gokul Chat when the ...
Kanishk Steel Industries Ltd recommended some days back, hits the buyer freeze...But why? Ask the Premium Group Members : Southern Online Bio Tech hit another freeze....Now what to do? What to do with FCS Software Ltd at this price? Ask Premium Group members : Monday's recommended scrip to the Premium Group members hit second freeze yesterday: Yesterday I recommended another newly BSE listed scrip to the Premium Group members, which is expected to do well in the days to come, due to summer season. Today it rose to Rs.69, before cooling down a bit: What to do with Metalman Industries Ltd now? Ask the Premium Group members: Pochiraju Industries Ltd has started production of Bulk Drugs in Beachuapally, Hyderabad. Keep buying the scrip as it is highly undervalued as compared to its peer, Karuturi Networks Ltd. The scrip once it closes above Rs.26, with good volumes, will shoot. The Bollinger Band Patterns, have already started to give some buy signals, though not completely. I have so...
Metalman Industries Ltd recommended at Rs.25, hits the 20 % buyer freeze today: H B Portfolio Ltd is expected to get the NBFC license soon. The company has Rs.75 Cr Porfolio and whose value is increasing everyday as the market is moving up. It will join the leagues of Reliance Capital Ltd after getting the NBFC license. The company has invested in the Tauras Mutual Fund heavily: Pioneer Embroideries Ltd at the CMP of Rs.126, should do well in future as it has manufacturing facilities situated at Mumbai, Sarigam, Naroli, Dadra, Karad, Coimbatore, Bangalore and Pune. The Company has surplus land at Mumbai, Pune, Coimbatore, Bangalore and Delhi. The Company has been contemplating the idea of exploiting these lands commercially and for this purpose the Company has floated a wholly subsidiary Company Pioneer Reality Ltd. This is also a turnaround case: Kanishk Steel Industries Ltd is also a good company in the Power production space along with the Steel Production. The company has massiv...
Metalman Industries Ltd CMP-->Rs.25.75 Target for the Short term->Rs.50 and Rs.70 Market Capitalization (Rs cr )-->28.29 Book Value-->Rs.42.36 Debt / Equity-->0.95 P/E-->4.80 Dividend Yield (%)-->NA EPS-->Rs.5.03 Return on Net Worth-->9.85 Current Ratio-->2.93 Quick Ratio-->1.59 Interest Cover-->2.55 Metalman Industries Ltd is a manufacturer & Exporter of Galvanised, Plain & Corrugated Sheets, Cold Rolled Sheets & Coils, Galvanised Pipes, Precision Tubes. Metalman is an ISO 9001:2000 registered firm certified by DET NORSKE VERITAS of the Netherlands (who are accredited by RvA) for manufacture and supply of Cold Rolled Steel Sheets / Strips / coils, Cold Rolled Galvanised plain steel Sheets / Strips / Coils and Corrugated steel Sheets . It also manufactures black and galvanised pipes, precision tubes and hollow sections and have manufacturing facilities situated at various locations in India. Metalman commenced business on May 12, 1971 ...
Sensex settles above 14,200; firm global markets aid recovery: Rasoi Ltd recommended at Rs.220 last month, hit the buyer freeze and closed at R.246 today. My calls are always more than 90% accurate, only that you should have patience to hold on to them: My recommended Patni Computers and Godavari Fertilizers Ltd moved today: Pioneer Embroideries Ltd is looking good, after the company turned black in the last quarter: My Sell call on Assam Comany and Southern Online Bio Technologies Ltd saw it hit the Seller Freezes: Keep adding Kanishk Steel Industries Ltd and Pochiraju Industries Ltd on all declines: There is only less than 5% chance of Left withdrawing support to the government and hence do not give ear to the Yellings of the Brokerage houses, especially CLSA. I have already said they do not mean what they say in front of the media. The government will not fall and the markets will rally tomorrow,with .........(which sectors will rally only for Premium Group): If u genuinely need to...
CIA reveals High Treason by India Communist Party - Will Jyoti Basu, Prakash Karat respond ? --: by yossarin :-- HK Surjeet influenced by Russia to setup an underground organization. CPI did proceed to recruit a secret organization within the Indian Army. China Russia insisted that the CPI must develop a standby apparatus capable of armed resistance, while intensifying penetration of Indian Military forces. With the PLA now present along the Indian Border the Indian Party had a channel of support for Armed Operations and a potential liberator in the event of mass uprisings - 13 Sept 1959 Four powerful radio sets had been installed in the office of the China Review in Calcutta to listen to broadcasts from Peking. Chinese Financial Subsidies to sections of the CPI particularly the left faction strongholds in West Bengal. A foreign supply base was now available for the underground organizations with Chinese occupation of Tibet and other frontier areas. Letter asking for collaboration i...