SumanSpeaks: The Information Super Highway

WINNING STROKES: K Sera Sera Productions Ltd does it again today!! Cheers!! Gurpinder Bhullar (Paid Group member and an Air Hostress. She blindly bought the shares of this undervalued company, just on my word of mouth and she must be enjoying every bit the suspense). Are there any new developments in the Counter??!! What about its r elation with the famous G V Films Ltd of South India??? My Morning Calls: Goldiam International Ltd hit the buyer freeze; Tech Mahindra Ltd almost reached the target of Rs.940 & Jetking Infotrain Ltd almost hit the buyer freeze: Ferro Alloys Corporation Ltd rose today also: Kohinoor Broadcasting Corporation Ltd hit the buyer freeze before cooling down at the end of the day: BPL Ltd and VBC Ferro Alloys Ltd hit the buyer freeze: My Earlier recommended Rohit Ferro Tech, Radhe Developers Ltd, Innocorp Ltd, Associated Alcohol and Breweries Ltd etc. did well today: What are the New Developments in Phoenix International Ltd and Ennore Coke Ltd??? Thos...

Government continue to build broad consensus on N-issue: Dr.Pranab Mukherjee: Keep watch on Premier Explosives Ltd and other Defence related scrips: New Delhi, India: Ahead of the UPA-Left meeting on the Indo-US civil nuclear deal, government on Tuesday said it will continue to build a ''broad national consensus'' on the issue to realise early the promise inherent in the initiative. Admitting that India had remained isolated from high-technology commerce due to its stand on nuclear energy, External Affairs Minister Pranab Mukherjee expressed the hope to resolve outstanding issues soon and clinch nuclear deal with several countries. ''We hope to resolve this soon and implement various agreements on civil nuclear cooperation,'' he said at the Annual CII National Conference here. Mukherjee said government would continue to build a broad national political consensus on civil nuclear cooperation so as to realise early the promise inherent in the initiative. N...

Winning Strokes: A Resurrected Dr.Reddy's "Political-steriod", baloons the market to the Bull Territory: The "innovative" decision of the RBI, this time cut short the spell of "doom and gloom" and "dressed-up the markets" for the next upmove; after the markets steadily conquered the important resistance level of 5150 on the Nifty: I have mentioned in m y yesterday's mail to the Yahoo Group, SumanSpeaks that the market should not go too low from here because of the strong support in the range of 4980 and 4850 on the Nifty: Todays' strong rally not only attested my views but also silenced those bears (I mentioned in my letter yesterday to the Yahoo Group that bears will only lick their wounds in the days to come as the markets will be taken over by the bull army. And if Mr.Chidambaram helps a bit, then bears will be completely routed from the trading arena) who were tying to "win an impossible battle "against the heavily ...

Anil Ambani Entered Wind Power [An Old News but has much significance today, as NEPC Ltd is on a high growth trajectory and is expected to "r ocket ahead" in the days to come, according to the souces close to me. So what will be the results of NEPC India Ltd for Q4FY08??!!Any Guesses!! After the sale, NEPC India has only one division - aviation (and of course the high growth, Solar Energy Division and the New One???!!!). The Company earlier obtained two Aviation Licenses, one its own and another which it obtained when it acquired Damania Airways (Skyline NEPC). Similarly, the wind energy business of the group will be run by Southern Windfarms. Shareholders of NEPC India will continue to hold shares in the company and also get additional shares in Southern Windfarms (12.5 for every 100). The company at Present is into Solar Energ y and is foraying into......!!?? Any Guesses!!?? Come to this blog in the days to come to get more on NEPC India Ltd--- a Tiger in the Prowl ] ...

Robust growth seen in India's pay TV business India's pay television industry is projected to grow at 16 percent annually to log revenues of $11.3 billion by 2012 and emerge as a key driver of this business in Asia, says a new study. "India will remain a leading pay TV market in Asia with superior growth prospect indicating a huge upside for the future," says the study by Honk Kong-based Media Partners Asia, a leading think tank on media and communications industry. "Much of the region's digital growth will be driven by China and India , though India will have a more significant impact for pay TV distributors and content suppliers," adds the study on pay TV and broadband markets in Asia-Pacific. The study says the total pay TV revenues in India will grow further to top $18.5 billion by 2017, with subscription revenues of $12.3 billion and advertising amounting to $6.2 billion. In 2007, total pay TV revenues amounted to $5.25 billion, of which subscript...

Star mulls print media foray Shuchi Bansal & Raghuvir Badrinath STAR India, a wholly owned subsidiary of STAR Hong Kong, is exploring the possibilities of getting into the print media business in India. Last week, top STAR executives including STAR Hong Kong CEO Paul Aiello, STAR India CEO Uday Shankar and COO Jagdish Kumar were in Bangalore for meetings with possible joint venture partners for the print foray. The company is said to be in talks with Vijay Mallya's UB Group. When contacted, Shankar said: "We do not comment on rumours." Ravi Nedungani, president and CFO of the UB group, denied the news. However, media industry sources said STAR has been exploring opportunities in the print media space for a while, especially after Shankar, a former journalist, became the head of its Indian operations. He's learnt to have told press persons earlier that newspapers is a very exciting business, though currently it is restrictive in India. Foreign direct investment ...

Trai suggests hiking FDI in news channels & recommends capping the foreign investment limit at 49%: Very Good News For Broadcasters like NDTV Ltd, Kohinoor Broadcasting Corporation Ltd, TV Today Ltd etc: Press Trust of India New Delhi April 26, 2008 In a move that, if implemented, would further liberalise the sector, broadcast regulator Trai today recommended raising the foreign investment limit in news channels and FM radio to 49 per cent. "The authority recommends that the foreign investment limit for news and current affairs channels in the uplinking guidelines may be increased from 26 per cent to 49 per cent," the regulator said in its recommendations on foreign investment limit for the broadcasting sector. Trai has, however, maintained status quo in case of uplinking of non-news TV channels and downlinking of TV channels at 100 per cent foreign investment limit. The regulator said any change in the foreign investment limit for TV broadcasters would necessitate rev...

DLF to invest Rs.1,250 Cr in Multiplex Business: Even our poor Kohinoor Broadcasting Corporation Ltd has one named, Tagore Theatres Ltd, a Multiplex, valuing approximately Rs.100 (one hundred) Cr: Interestingly Kohinoor Broadcasting Corporation Ltd has a Market Cap of only Rs.106.24 Cr, including its Indian Operations & Overseas Subsidiaries (UK and Dubai), at the CMP of Rs.9.64: So what about the Company's Business???!!! Is it free for the shareholders???!!!! Are we getting the Business of the Company Free at CMP of Rs.9.64???!!!! A Prudent Investor knows where the Real Value lies!!! Kohinoor Broadcasting Corporation Ltd is coming up with Results at the end of this month, with the proposals of Dividend/Bonus Issue: This space is hotting up!!! [Updated] DLF, one of the leading real estate players in India, is investing Rs 1,250 crore in expanding its multiplex business by adding around 500 screens in the next four to five years. Also, the firm plans to set up its megaplex ...

Metals push up Prices: The government is exploring the possibility of a hike in the tax on Iron Ore export: New Delhi: Metals blunted the government’s drive to rein in prices and pushed the rate of inflation up to 7.33 per cent for the week ended April 12 against 7.14 per cent in the previous week. However, a closer look at the inflation data reveals that recent policy steps have been able to put a lid on food prices. Firm metal prices can now prompt the government to take more stern measures. According to D. Joshi, chief economist of credit rating agency Crisil, “Steps taken by the government — such as importing edible oil, banning the export of grain and action against traders — seem to be paying off. “Food prices have remained unchanged and edible oil prices have started falling slightly, while fruits and vegetable prices rose by less than half a per cent,” Joshi said. Metal prices, especially that of iron ore, played the villain, and finance minister P. Chidambaram’s statement in...

Indian entertainment industry at USD 10.46 billion next fiscal: Kolkata: The Indian entertainment industry has registered an annual turnover of USD 4.65 billion during 2007-08 and is estimated to increase to USD 10.46 billion during the next fiscal, according to a NASSCOM study. Announcing tie-up of NSHM Knowledge Campus with leading design innovation software companies Adobe and Autodesk here today, Adobe Education Solutions Head (India and SAARC) Jayant Bhaduria said, ''India is fast climbing up the outsourcing ladder with 2D and 3D technology witnessing robust growth driven by the boom in digital content and web publishing.'' Autodesk Regional Manager (North and East) Rajeev Pathak informed that the animation industry in India was estimated to witness a Combined Annual Growth Rate (CAGR) of 35 per cent, increasing from USD 285 million in 2005 to USD 950 million in 2009.' 'Similarly, the market for gaming is expected to witness a CAGR of 78 per cent and rea...

My Recently recommended FCS Software Ltd is hitting continuous buyer freezes and Yesterday's recommendation in this blog Envair Electrodyne Ltd hit the buyer freeze today: My earlier recommended, Radhe Developers Ltd, Gayatri Projects Ltd, VBC Ferro Alloys Ltd, Soma Textiles Ltd, Sathavahana Ispat Ltd hit the respective upper freezes today: It is good sign that the market ignored the inflation numbers today and marched ahead: Now the big Pandits who some days back were shouting of Mahem in the markets on reputed business channels (Especially the one from a respected brokerage house and the other two semi-bald headed Chartists) will come and start giving great sermons about 22, 000 or even 27, 000 on the Sensex by the end of May, 2008: I sometimes feel pity for these vested intest guys who gets trapped in their calls and start confusing people. The markets to their great displeasure have managed to cross 17, 000 today. From the next month (May, 2008) the US citizens will start t...

MY RECOMMENDED ASSOCIATED ALCOHOL AND BREWERIES LTD IS NOW BEING RECOMMENDED BY India Infoline Ltd. The stock hit the buyer freeze today: Media Video recommended some weeks back as Quickie Call hit the buyer freeze: Rasoya Proteins Ltd moved up due to buoyancy in the Price of Soya Oils globally: STL Global Ltd hits another buyer freeze: Besides this my Recommended B F Utilities Ltd, Rajoo Engineers Ltd, Walchandnagar Industries Ltd, VBC Ferro Alloys Ltd, Gayatri Projects Ltd, BLB Ltd etc. hit the buyer freeze: I shall be recommending a Hotel Counter to the Premium Group members tomorrow where the ace investor Rakesh Jhunjhunwal holds considerable clout. The scrip could be heading towards Rs.120--Rs.130 mark in the near term: Radhe Developers Ltd crossed crucial Rs.110 mark while moving forward: U can buy Envair Electodyne Ltd (BSE Code-->500246) tomorrow at the upper circuits, with a SL of Rs.19.7: The market ended almost unchanged, after witnessing a bout of volatility ahead of to...