SumanSpeaks: The Information Super Highway

Oil slips below $126 per barrel: Oil dropped below $126 on Friday after a regulatory probe into possible price manipulation added to trader caution and a stronger US dollar offset the impact of a big drop in US crude stocks. US crude dipped 77 cents to $125.85 a barrel by 1030 GMT. London Brent dropp ed 49 cents to $126.40. Prices hit an all-time high of $135.09 a barrel last week, driven by concern supplies will struggle to match demand over the long term, as well as a weak US currency, which makes dollar-denominated commodities attractive to investors. Since then, the market has fallen by around $10, pulled lower by mounting evidence that in the short term high prices have begun to erode demand. An announcement on Thursday of an investigation by US regulator the Commodity Futures Trading Commission (CFTC) heightened the cautious mood. "A rebound in the dollar, speculation about US interest rate hikes and the announcement by the CFTC of measures to enhance the oversight of energy...

WINNING STROKES:THINK DIFFERENT: [Updated] Southern Online Bio Technologies Ltd hit another buyer freeze yesterday. The Company in addition to the benefits from the rise in fuel prices (Diesel) will also start selling anothe r 25% of the produce to APSRTC [On the Left is the Photo of the APSRTC's Bio-diesel-bus and on the right is the Photo of Company's Factory] . This will take its total selable quantity as more than 75%. There is a world-wide demand for diesel and if the company could strike one deal with a foreign company then the scrip would become Rs.200 in no time; because bio-diesel prices are much higher in most of the Western markets: Thinking of such bright prospects of the Company, the promoters had earlier gone for a private placement at Rs.42.70. Hence one can simply imagine what will be the targets of the company going forward, after it starts supply to another 25% to APSRTC from the next months, besides getting the benefits from the rise in fuel prices. The Co...

WINNING STROKES: THINK DIFFERENT: India to announce Q4-08 and FY 08 GDP numbers tomorrow. The Q4-08 GDP is expected to be flat 8.2% against 8.4% in Q3-08. The agricultural output, which accounts for about a fifth of the economy, may have grown as much as 3.5% in the fiscal year ended March 31, faster than an earlier estimate of 2.6%........ Anyway, Ennore Coke Ltd hit the buyer freeze. The stock was near Rs.35 almost the whole before cooling down a bit or when the markets fell at the end of the day. I have today told the Paid Members what is the very recent developments in the company. Hence, buy Ennore Coke Ltd as much as possible before it starts hitting the Upper Circuits, since June, 2008 is nearing.....and....... THIS PART FOR PAID MEMBER S...... This will be a repeat case of Southern Online Bio Technologies Ltd. There are some important developments in the company in the Power Front, which you might know by this Saturday: Southern Online Bio Technologies Ltd is hitting circuit...

WINNING STROKES: THINK DIFFERENT: My today 's morning call Chambal Fertilizer & Chemicals Ltd rose more than 16% to touch Rs.89.6 before cooling down a bit: Ambuja Cements Ltd rose by more than 6% after the Paid Members were asked to buy Gujarat Based Ceme nt Companies: Southern Online Bio Technologies Ltd (SBTL) hit the buyer freeze. The company will gain from the rise in the diesel prices by the government: Kohinoor Broadcasting Corporation Ltd hit the buyer freeze today on certain news, before cooling down a bit: Ennore Coke Ltd hit the buyer freeze before starting of the heating of the plant for commercial production. It later fished up more than 3%: My today's daily trading (intra-day) call also did well: Premier Explosives Ltd almost touched the Upper Freeze in the early trade before cooling down a bit. The Company came out with wonderful set of numbers for the March, 2008 quarters: My recommended Apar Industries Ltd moved up by more than 10%: My Recommended Env...

WINNING STROKES: THINK DIFFERENT : Beginning of the end of Bears, heralding a strong Rally : Sugar Stocks to crash further after my message to the Paid Groups let loose the bears in this space. The Ethanol Story in Indian cannot even start due to lot of teething problems. Some well known faces on TV Channels till the other day was talking great stories on Ethanol and linking it to the Crude Oil; without understanding the fact that the Ethanol Story is a still-born concept in India due to the miscarriage of government protocols: Crude Oil price "CRASHED" in the International Markets as expected and as mentioned on 24th May, 2008, as it was not due to "Demand Supply Gap, but due to Speculation and a trecherous cartel at play": What happened to the Prediction of all those Indian "Technical Analysts" (Their techniques of these fell flat on the ground like most of those bogus parameters on Charts; especially an Old English Gentleman on CNBC TV 18, who predict...

WINNING STROKES: Premier Explosives Ltd hit the buyer freeze ( www.sumanspeaksplus.blogspot.com ) after the company came out with spectacular results in Q4FY08. I had mentioned about some good news coming from the last few weeks and u must have seen what is the good news. You should buy a scrip when I tell you to buy or else you will miss the bus, like it happened in Premier Explosives Ltd or Southern Online Bio Technologies Ltd. The company is expected to come out with some more good news in the next 45 days. Its overseas subsidiaries are performing excellently well also it has retired a part of the debt through the money it obtained by selling the Mushroom Division last year: The latest Sunday Report Call Bambino Agro Industries Ltd (BSE Code--519295) hit the second consecutive buyer freeze; while the Quickie Call, Sandur Manganese and Iron Ores Ltd hit second consecutive buyer freeze: Southern Online Bio Technologies Ltd hit the buyer freeze on the news of the Government thinking of...

WINNING STROKES: My latest Sunday Report call, Bambino Agro Industries Ltd (BSE Code->519295) hit the buyer freeze before cooling down a bit at the end of the trade: Entergra Ltd hit the buyer freeze on the same old story of renewable energy like NEPC India Ltd. Southern Online Bio Technologies Ltd is expected to get carbon credits in the days to come: Two of the "Quickie Calls" hit the buyer freeze, of which Vadilal Industries Ltd cooled down a bit in the later half of the day. Rakesh Jhunjhunwala holds some shares of Vadilal Industries Ltd. Indo Borax & Chemicals Ltd came out with wonderful set of numbers for Q4FY08: Book some profits in Kamanwala Housing Construction Ltd, as all the real estate stocks are nosediving: Repro India Ltd, B F Utilities Ltd and Indag Rubber also did well: Accumulate as much shares as possible of Ennore Coke Ltd as the company is expected to start heating of the plant from around 1st June, 2008; the production will start thereaft...

RBI policy responsible for slow industrial growth: But even then this could not help the ruling UPA to win the elections in Karnataka; may be due to "insane policies" of the Left Parties: New Delhi : The tight monetary policy stance of the Reserve Bank of India (RBI) has caused a decline in industrial growth, according to a study by the Federation of Indian Chambers of Commerce and Industry (Ficci). "The tight monetary policy stance taken by the Reserve Bank of India has led to a decline in demand in the economy, affecting industrial growth which has declined from 14.8 percent in March 2007 to 3 percent in March 2008," Ficci said in a study on 'Slowdown in Industrial Growth and its Policy Implications'. "In addition to rising interest rates, the appreciation of the Rupee has also taken a toll on industrial performance and this explains why India missed the annual export target for 2007-08 by almost US$ 5 billion," the study added. It states that...

ADAG, launches entertainment portal in collaboration with BIGflix: The Indian Media Space is Heating up: A 500 pound Gorilla, readying to become 600 pounds or a "Godzilla in the making??!!" MUMBAI: Reliance Anil Dhirubhai Ambani Group (ADAG), which has one of largest online movie rental services in collaboration with BIGFlix, has launched a website - www.bigflix.com - that will allow users to view movies online or download these for a fee through its broadband service. By launching the website, Reliance ADAG wants to tap the estimated 25 million non-resident Indian (NRI) population and the large non-Indian consumers of Indian entertainment content. Nearly 1,000 of the BIGFlix's estimated 15,000 movie titles, music and other Indian entertainment content would be available for the users to download on the website, launched early this week. According to Kamal Gianchandani, chief operating officer of BIGFlix, in the developed markets like US, Canada and Britain, the home vide...

Inflation: Checkmate??!! The rising trend in inflation in India for the time being seems to have been checkmated with current move of the government to increase the fuel prices by very small amounts and also due to the fact that non-basmati rice and maize rose ma rginally by Rs.30 per quintal: But this could have marginal negative impact on Poultry based scrips like Srinivasa Hatcheries Ltd or Rasoya Proteins Ltd: The Crude Oil price in the International Markets are expected to fall in the near future, as the sharp spike in the price of crude oil was less due to demand supply gap but more due to synthetic causes like geopolitical tensions, speculation and the weak dollar. The Greenback steadied on Friday, but the currency stayed in sight of a one-month low against the euro on inflation worries: Petrol and diesel prices have been raised marginally by 3-5 paise per litre after the government decided to hike the commission paid to dealers for the sale of fuel. Dealers' commission eff...

A Couple of days back I mentioned in this blog that Crude Oil prices in the International Markets should Crash to $100--$110 per barrel due to too much speculation going on it, instead of Demand-Supply pull. While Udayan Mukherjee might consider the fall in price of Crude Oil to be an "if-y Phenomenon", may be because he is lost in "Base-ball-ish Cricket", these days, where "ifs and buts" are common lingo; let me jot down my reasonings on why Crude Oil Bubble is heading for a crash: EXCERPTS OF MY MESSAGE SENT TO PAID GROUPS with some additional inputs from Various Sources: Paid Members were advised to use this dip in the market, to buy shares using the SIP Method: A Particular Counter was given stress.....What is the name of that Counter??!! [UPDATED] The Crude Oil prices are expected to crash to $100---$110 stocks per barrel. There is as such no supply constraints as regards to the global demand of 86--87 million barrels per day with only 2 to 2.5 milli...