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Showing posts from June, 2008
Easun Reyrolle Ltd: Rolled for Growth: BSE Code: 532751 CMP: Rs.126.8 Face Value: Rs.2 Book Value: Rs.28.63 Market Cap: Rs.258.44 52 Week High/Low: Rs.384/Rs.126 Performance: Market Out-Performer Stop Loss: Rs.199 for the short term Target: Rs.300—Rs.350 in 9 months to 12 months Introduction: Easun Reyrolle, incorporated in 1974 is a leader in the field of electrical power management in India & abroad. It is into the business of manufacturing protection products, automation systems, metering products, switchgears and turnkey projects. Three Manufacturing plants in India, located at Hosur, Bangalore and Chennai, incorporate modern state-of-the-art production facilities and latest test equipment. Being a veteran with over 6 decades in the field of Power Engineering, ERL offers all the vital components of a substation. ERL possesses excellent credentials and offers ‘One touch access’ with state of the art solutions across Power Generation, Transmission, Distribution and Industrial...
WINNING STROKES: Ennore Coke Ltd hit the buyer Freeze: Computer Point Ltd hit another buyer freeze: My recommended I-Flex Soulutions Ltd and Relian ce Communications Ltd shone yesterday: Buy Videocon Industries Ltd, which has huge promoter holding and very low public holding. This gives Premuim To the Scrip. Is Videocon Industries Ltd floating on Oil.........: Free Recommendation: Videocon Industries Ltd: CMP: Rs.281.75 Target: Rs.450 in 3 months 52-Week High Low: Rs.868.65/Rs.242 Videocon Industries was incorporated in 1986. The company has two core activities, which include the manufacturing, assembly, marketing and distribution of consumer electronics and home appliances, and Exploration and Production of Oil and Gas . The company presently has seven operating business divisions, in which major divisions are consumer electronics, home appliances, components, etc OIL AND GAS BUSINESS: Videocon Group has interests in oil & gas exploration, prospecting and intends to get int...
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WINNING STROKES: Western India Shipyard Ltd hits another buyer freeze: There is stopping of Oscar Investments Ltd: Godwari Power & Ispat Ltd , the Sunday Report Pick shone today with good appreciation before cooling down a bit: Yes Bank rose today, after the news came that it is eyeing two South Indian Bank for M & A. The stock was recommended to the Paid and Free Group a couple of days back: Computer Point Ltd recommeded to the Paid Groups last month at Rs.4.5 hit 4th consecutive buyer freeze: Keep accumulating Ennore Coke Ltd, Premier Explosives Ltd and Southern Online Bio Technologies Ltd for some wonderful returns going forward: In the next write-up I will explain in details, as to why Dr.Mark Faber was wrong when he says that because US is printing notes the commodity prices are going up. Some simple hints: Dr.Faber why are then Sugar Prices not going up the way crude prices are going up? Dr.Faber which country has the second highest growth rate in the world?? Did yo...
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Samajawadi party to support UPA, if Left withdraws support: Cheers!! Bangalore: The Samajawadi Party (SP) is likely to extend support to the United Progressive Alliance (UPA) government at the Centre if the Left parties, opposing the Indo-US nuclear deal, withdraw their support, Senior SP leader and former Karnataka Chief Minister S Bangarappa said today. Addressing newspersons here he said the Congress leaders were holding talks with senior leaders of the SP in New Delhi , seeking their support in the event of the Left pulling the plug on the UPA. Endorsing the party leader's decision to talk with the Congress and extend support to the UPA government he said, ''There is nothing wrong in giving support to the Congress at this juncture.'' On the debacle of his party in the recent Assembly elections in Karantaka, Mr Bangarappa alleged that the BJP had spent large amounts of money and adopted dubious means. He also criticised the new BJP goverment's inability to e...
Kohinoor Broadcasting Corp. Ltd (KBC) BSE Code: 531336 Face Value: Rs.10 CMP: Rs 7.00 Book Value: Rs.10.71 Mr.Vikram Solanki (Baroda, Gujarat) This Company is currently engaged in the media and entertainment industry with a particular focus on the TV sector or Visual Media. The Company has diversified into production of TV programmes including current affairs, music, serialised drama and other entertainment programmes.It has also received approval from Ministry of Broadcasting for setting up earth station for up-linking the television channels in name of KBC TV. KBC has entered into agreement with Kaybee Ltd, London, a Company engaged into the Production of TV and Film content for Hollywood and Bollywood, for engaging them for obtaining the License for Broadcasting of TV channel and Teleshopping in UK, setting up the Play-out station and Production Studio in UK, it also has MOU with Kaybee Ltd London, for Translation of Indian programs into European Languages for Broadcasting in Europe...
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WINNING STROKES:THINK DIFFERENT: PM quit over nuclear deal? Hoax!!! Laloo, Sharad Pawer, Amar Singh turn, the Saviors---The Non-Terminators: General Mukherjee "eggs on" the Stubbon/Regressive Marxists, to sign the deal: Nuclear Deal is coming folks, just buy the scrips in the defence related sectors like HCC, Premier Explosives Ltd, Solar Explosives Ltd, Astra Microwave, BEL, BHEL etc. New Delhi: Caught between the UPA government's political compulsions to clinch the nucleal deal and the Left's vehement opposition to it, Prime Minister Manmohan Singh is reported to have told his party high command that he would rather quit than succumb to pressurues to abandon the deal.A saving grace for the Prime Minister is that UPA’s coalition partners came out in strong defence of the government on the India-US nuclear deal on Thursday, even as they expressed apprehensions — evident also in the Congress — that a bitter parting of ways with the Left parties on the issue could wea...
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WINNING STROKES: My Highly Recommended BOC India Ltd hit the buyer freeze, before cooling down a bit at the end of the day. The company earlier said it commissioned its 100 tonnes per day Air Separation Unit at the Rourkela steel works of Adhunik Metaliks Ltd during this quarter, pursuant to a 10 years supply contract entered into with Adhunik Metaliks for supply of oxygen, nitrogen and argon to them under the said contract. The 100 tpd plant has commenced commercial production earlier this month and has been operating satisfactorily. There were some new developments in the revised offer front. It was one of my favourite counters: Rohit Ferro Tech recommended yesterday did well: Ranbaxy Ltd unfortunately went down yesterday when it should go up as the litigation cost has come down drastically after the Lipitor case was solved. What is more encouraging is that Ranbaxy Ltd is now a subsidiary of a Japanese Multinational Ltd and hence its valuation could increase drastically in the da...
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WINNING STROKES: THINK DIFFERENT: Oscar Investments Ltd hit 5th Consecutive Buyer freeze: BNK Capital Markets Ltd rose yesterday even in a dull market: Two Intra-day calls, Dish TV Ltd and Aurobindo Pharma Ltd did well yesterday on intra-day basis. Even Mundra Port Ltd did well yesterday: I am told Economic Times (Pune Edition) recommended my pick Relaxo Footwear, yesterday (18-06-08). This is the second scrip after Binani Zinc which is recommended by Economic Times Ltd in the last few months: Besides my earlier recommended Khoday India Ltd, Associated Alcohol and Breweries Ltd, Rohit Ferro Tech Ltd did well yesterday: Left begins parleys over government's tough stance on n-deal: New Delhi: The Left parties Wednesday began consultations among themselves and with the Congress' allies in the ruling United Progressive Alliance (UPA) after the government upped the ante on the India-US civilian nuclear deal. The four Left parties led by the Communist Party of India-Marxist (CP...
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WINNING STROKES: THINK DIFFERENT: This week's Quickie Call FCS Software Ltd shone on early trade: similarly another Quickie Calls for this week Lakshmi Precision Screws Ltd also did well yesterday: My recommended Oscar Investments Ltd hit 3 consecutive buyer freeze yesterday, after Ranbaxys's landmark deal a couple of days back: Premier Explovies Ltd nearly hit the buyer freeze after the company came out with good results and some positive news came out from the Nuclear deal front. India cannot but has to sign the nuclear deal for its own benefits and the US is keen to sell its enriched uranium--so it is a win win situation for both the parties (India and the US). Communists know that the deal is good for India, so also BJP but all of them do not want the Congress to steal the electoral benefits of signing the said deal, especially the BJP who thinks it to be a missed opportunity if the Congress gets the full credit--thus this delay tectics..... Moreover any progres in I...
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WINNING STROKES: THINK DIFFERENT: Saudis to increase oil production by half-million barrels according to a report published on the web-site of New York Times: Now my prediction of Oil Crashing to/below $110 per barrel will soon come to true. This proves that prediction of analysts from big brand brokerage houses carry little meaning. I had predicted a couple of weeks back about this Crash in Crude Oil prices, when many top class analysts world-wide w ere too bullish on Oil. I have always maintained that Crude Oil at $139 per barrel is a bubble which will soon go "Phut". Many of the investors including some well known analysts discarded the theory, at that time saying it is impossible to happen because the demand for oil will only increase going forward overlooking the fact that the non-conventional energy sources are fast catching the world attention; now they have been humbled or will be humbled in the days to come. For the moment it is difficult for the Crude Oil to Cro...
WINNING STROKES: THINK DIFFERENT: As expected Southern Online Bio Technologies Ltd hit the buyer freeze. The breaking news of the company making hefty profits from the increased price of diesel was first broken in this blog. The Company will also sell 75% of its produce soon to APSRTC: Take Positions in K Sera Sera Productions Ltd before the results comes on the Bombay Stock Exchange web site. The Company is coming out with a new film and its UK operations are doing excellently week. Any revenue from the UK division will be magnified by the Rupee Depreciation against dollar and Pound: Mangalore Chemicals & Fertiliser Ltd also did well yesterday: The market as expected shed some points at end of the day, yesterday due to weekend blues: Clock is ticking for India-US nuclear deal New Delhi: The clock is ticking for the India-US civil nuclear deal, with one expert saying Friday that a final call on the controversial agreement awaits a "political decision". "It is not ...
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Monsoon ahead of schedule over northwest India: New Delhi: According to the India Meteorological Department's (IMD) latest analysis, conditions are favourable for further advance of monsoon into some more parts of Madhya Pradesh and Uttar Pradesh during next two-three days. The latest analysis of global Numerical Weather Prediction model indicates possibility of advance of monsoon well ahead of its normal schedule over northwest India including Delhi. This year monsoon set in over south Andaman Sea on May 10, about five days earlier than the normal date, reported IMD. It set in over Kerala on May 31, very near to its normal date on June 1. It advanced further rapidly and covered parts of south peninsula and entire northeastern States by June 2. It reached Mumbai on June 7 (three days earlier than normal date of June 10 for the city). It maintained its rapid northward progression along the west coast and reached southern parts of Gujarat on June 10 (five days ahead of the normal da...
Lux Cozi undergarment ad banned by I&B Ministry for vulgarity: The Information & Broadcasting Ministry has banned an advertisement of Lux Cozi brand of underwear, showing a semi-clad male and female model and a dog, as the ad was found to be indecent, vulgar and suggestive, and thus violative of Rule 7 (8) of the Advertising Code prescribed under the Cable Television Networks (Regulation) Act, 1995 and rules framed there under. However, the ad was being telecast on several channels despite the ban. Now, therefore, the Central Government, in exercise of powers, amongst others, under Sub-Section (3) of Section 20 of the Cable Television Networks (Regulation) Act, 1995, has prohibited the transmission or retransmission of the advertisements of Lux Cozi Undergarment on all broadcasting platforms with immediate effect, and has also advised all channels to be more careful in future in selection of content of advertisements. The channels have also been directed to strictly adhere to t...
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WINNING STOKES: THINK DIFFERENT: Ranabaxy Laboratories Ltd shone yesterday also, after my buy call a couple of days back turned out to be an instant hit: Yesterday's Intra -day calls were all hit with Century Textiles Ltd giving the maximum benefits intra -day. Intra -day Praj Industries Ltd also did well. Yesterday, Southern Online Bio Technologies Ltd rose after the news of it making hefty profit due to recent hike in Diesel prices and selling of additional produce spread. I was the first one to mention this in this blog: Kohinoor Broadcasting Corporation Ltd rose on the news that it will be put in the "B Group" shortly: Phoenix International Ltd, Ennore Coke Ltd, VBC Ferro Alloys Ltd, Aarti Industries Ltd, Wanbury Ltd (recent Sunday Report call), Radha Madhav Corporation Ltd (recommended a couple of weeks back to the Paid Groups on the Sunday Report), Stone India Ltd (Recommended 3 weeks back on the Sunday Report), Jhunjhunwala Vanaspati Ltd (Recent Qu...