WINNING STROKES: THINK DIFFERENT:
J P Associates Ltd recommended in the morning mail to the Paid Groups, moves up by more than 5%. The company came out with good set of numbers for the Q3FY09.
Unitech Ltd moved up even today to Rs.33, before cooling down a bit. The company today had a board meeting to discuss some urgent issues. The stock at Rs.31.2 is available at the price of penny considering the value of the properties it has and its all time high price of Rs.430. This only shows how bad publicity by the media, can do to the shares of a company. These days unless government clips the wings of media a bit, and jail some of the erring journalists, we had dark days ahead.
Anyway, in case of Unitech Ltd, please note that and remember, one is getting the shares of one of the biggest companies into property development in India only at Rs.31.2--this is the most ridiculous price and sooner the markets understand this better it will be----I have never believed the concept which some fashionable gentlemen flaunt, "The market is always right". The markets have been wrong more than 100 billion times in the last 10 years in valuing companies listed in various bourses around the world.
Hanung Toys Ltd also had a spectacular day today. The company would benefit from the recent government directives.
Marg Ltd and U B Engineering Ltd, hit another buyer freeze today, with good volumes.
Satyam Computer Services Ltd tanked after profit booking was advised to the PAID GROUPS, in the counter.
THE LAST DATE FOR GETTING DISCOUNTS TO THE PAID MEMBERSHIP ENDS ON 31st January, 2009. After this date, no requests for discounts will be accepted.
If Mr. Avishek Manu Singhvi is so fond of that rascal (Painter), M F Hussein, (http://www.hindujagruti.org/activities/campaigns/national/mfhussain-campaign/) then I want to know, what will be his reaction if his mother (the mother of Mr.Singhvi), is drawn naked and her picture is put/paraded in an Art Gallery, in front of 100s of prying eyes. Or will he give consent to draw the picture of his wife and daughter, naked and then sell them for million of rupees??!! Shame Mr.Singhvi---all your degrees are a waste. People of India will spit on you (and the persons of your ilk) who has such a "Sick Mind". I think you should soon visit a psychiatrist; because after coming to politics your brain has come down to your knees. I think Mr. Singhvi is hearing what I am telling!!
I am also stunned to see the "Talibanisation of the Indian Media"..Now a new name has joined the foray, Sahara Samay.
After raising many eyebrows in the financial world, in respect of alleged 'infamous balance sheet Ghotalas" (Scams), this company (Sahara) has started giving sermons to people, through their mouthpiece, Sahara Samay. DISGUSTING!! Who is Mr.Subroto Roy, fooling??!!
Why Mr.Singhvi and that fellow from CP(I)M shut their mouths on the hooliganism of worst nature, Ms.Taslima Nasreen faced in Kolkata? I did not find her name in the often used dictionary of Mr.Singhvi or Ms.Renuka Choudhury or Mr.Digvijay Singh!!
Moreover, if the Media wants to promote Alcoholism, Prostitution and Free Sex, in the garb of hounding communal elements, then they better start from their own families. Therefore, if Ms.Renuka Choudhury, is so fond of "Pub Culture" as it was evident from her talks in a media channel, then she should ask her/neighbours, sons and daughters to booze the whole night...or even coax them to get the services of a prostitute---Nonsense!!
I have been told that a sizable section of media persons (including journalists) are alcoholics. Hence hence they want to extend their group strength in this illicit way---this is called "Talibanisation of Indian Media" (Read about it in http://www.sumanspeakscurrentaffairs.blogspot.com/). But if these people consider drinking alcohol is divine, since some Hindu Gods liked it or "Tantra Sadhna" needs it, then I have nothing to say....I think in Islam also, "Daru" (Alcohol) is considered "Haram" (Evil).
I do not know which irresponsible peoples are running these media channels off late. These people are real destroyers of Indian Values and Ethics.
Switching topic, I am gladdened to find that Mr.Mukesh Ambani is now approving my statements on Crude Oil. Have you seen the LATEST Results of Selan Exploration Technology Ltd??!!
USD 60-80 a barrel oil price desirable, says Ambani
India's oil tycoon Mukesh Ambani on Thursday said USD 60-80 a barrel price of oil was desirable and called for a "fair price mechanism" in the international crude market.
"I think we can live with the price range of (USD) 60-80 (a barrel)," Ambani, who promotes India's most valued private sector firm Reliance Industries, said at the World Economic Forum.
Crude oil is now trading below USD 42 a barrel, off from last year's high of USD 147, following drop in demand in recession-hit West. This has affected refiners' margins considerably.
"I think we need a range of (USD) 60-80, 50-70. The more important thing is how we can create the global architecture. How do we bring in more transparency, particularly in the forward market," he said.
Oil prices fluctuated greatly in 2008 peaking to USD 147 in July before tapering off. High prices in the initial months of last year fuelled inflation across economies, including India which saw the rate of prices expanding by over 12 per cent at one point.
India imports about 70 per cent of its crude oil requirements. Oil import bill in April-November of the current fiscal was USD 74.1 billion, 55.7 per cent higher than a year ago.
Ambani said everyone has stake in the energy industry and all of them should know the nuances of the crude business.
"Even as consumers we need to understand who is buying, who is selling...how do we get accurate data and how do we get sensible oversight," he said.
"What we just need is a fair pricing mechanism," he said.
Ambani said if the crude oil rule below USD 80 a barrel it would spur the growth of the world economy.
"Industry can innovate and can come out with technologies, come up with new options, bring in efficiency... governments can still get revenue", he said.
The industrialist, who runs the world's largest single refinery location in Gujarat, said that the ongoing global financial crisis presents an opportunity when a "fair price" mechanism in the global market could be put in place.
"What really requires is a fair way of doing this," he said.
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