Phoenix International Ltd hits the buyer freeze on the news of renting of its Properties and development of Chennai Property for the Purpose of a Shoe Park: Premier Explosives Ltd crossed Rs.62: Trend Electronics Ltd (Videocon Communications) yesterday moved above Rs.74 before cooling a bit: It is one of the most undervalued scrip from the Videocon Group which is into Oil and Gas as well. Just look at the companies in the consumer electronics space and compare this one with them. Did u find the difference?? If not satisfied please look at Salora International Ltd and compare it with Videocon communications Ltd, which is almost in the same space. This Videocon Group company is available at throway price at the CMP of around Rs.68. Please look at the wonderful Half-yearly results of the company. The December, 2007 quarter is generally good for the consumer electronics of companies, due to Festival Sales; though after the G M Breweries Ltd's fiasco I do not want to bet on the Quarterly results: Aplab Ltd recommended to the "Quickie Group" at Rs.92 some weeks back and later to the Premium Group freezed for the second time yesterday: H S India Ltd (Hotel Silver Ltd) freezed and is looking for big targets as the hotels scrips are now shooting, look at Hotel Leela recommended at Rs.48. I have alreayd recommended Indian Hotels Ltd at Rs.139. Premium Group members were asked to average H S India Ltd at around Rs.16--Rs.17 range: Ferro Alloys Freezed with huge volume confirming my comments that is has a target of Rs.200 in the days to come. The start of mining for Paltinum is expected to work wonders for the company: Off-late Jamna Auto and Jai Parabolic Springs Ltd did very well: Ansal Buildwell is expected to shoot very shortly after Cinemax India Ltd crossed the resistance of Rs.123: K Sera Sera Productions Ltd hit upper circuits, before cooling down a bit, in anticipation of better days ahead. The scrip is being heavily accumulated in the range of Rs.35 before the two Proposed mega-releass by the company within the next couple of months. The company has revamped the Dubai Operations and soon the revenues will start to flow from this section as well. The company has already turnaround very recently: Keep adding Rasoya Proteins Ltd on all declines: Today I shall recommend a scrip on the auto ancilliary space to the Premium and Groups before 12 noon. The scrips is expected to give at least 30% return over the next 60 days. Keep guessing:

Chinese Demand to Boost Soybean, Palm Oil Prices, Cofco Says:

China, the world's biggest vegetable oil consumer, will need to import more soybeans, palm oil and other oilseed products to meet growing demand after local farmers reduced plantings, a state-owned grain trader said. China's imports will account for 45 percent of international trade in soybeans by volume during the year to Sept. 30, 2008, Wang Yinji, deputy general manager of Cofco Ltd., said in remarks prepared for a speech today in Guangzhou. Vegetable oil shipments will account for about a fifth of such trade in the period. ``China's vegetable oil consumption will rapidly rise for a few years,'' because per capita consumption of 17 kilograms a year is below the world average, Wang said. That compares with 25 kilograms in Taiwan, which has a similar diet structure, and nearly 40 kilograms in the U.S., he said. Chinese buying helped push up the price of soybeans traded in Chicago by 56 percent this year to touch a 19-year high this month, and aided palm oil's 49 percent advance to a record in Malaysia. Demand for vegetable oil in China, the world's most populous nation, grew 6.8 percent a year for the past 12 years, three times faster than in the U.S., Wang said. Soybeans will continue to be the leading source of vegetable oil for China, accounting for 41 percent of total supply by 2010- 11, up from 37 percent now, Wang said. Palm oil will jump to 31 percent of the total from 21 percent, he said. The gap between annual domestic output and demand for vegetable oils will expand by 2 million metric tons in the year through September 2011, compared with the 12 months ended Sept. 30 this year, Wang said. Economic Growth Economic growth tends to increase vegetable oil consumption because improved living standards encourage people to eat more oil-rich foods, Wang said. China's gross domestic product per capita is set to double by 2010, compared with 2000, he said. Soybean, palm oil and rapeseed oil will make up 88 percent of China's total supply, compared with 78 percent, according to Wang. Rapeseed oil's market share is set to decline to 16 percent from 20 percent, he said. China's domestic supply of oilseeds ``sharply fell'' this year because the area planted declined, Wang said. Soybean output dropped 20 percent from a year ago and rapeseed fell 25 percent, Wang said without providing detailed figures. The government this year introduced policies, including boosting subsidies, to restore plantings, he said. The level of output may recover to the level in 2003 and rise by 3 percent every year by 2010, while the rate of increase will not be enough to stem the rising imports, he said. China's vegetable oil imports rose 27 percent in the first 10 months of this year from a year earlier, according to customs data. Imports of vegetable oil were 7 million tons in January-October. Imports of soybeans grew 4.5 percent in the first 10 months to 24.5 million tons. [With inputs from internet]