WINNING STROKES; THINK DIFFERENT:

The "Quickie Call" Educomp Solutions Ltd gave a huge return to the Paid Group (The Short term Call Group--"Quickie") group members. Sometimes people think they are more smarter than some analysts, who have devoted almost their entire life in this profession and starts selling. The results is what is seen in Educomp Solutions Ltd.

There are ofcourse some vested interest persons (like Rajib Handa) loitering here and there on the Internet, manufacturing stories on Satyam Computers Ltd......like it will be valued as zero in the days to come and Shankar Sharma coming to their rescue saying that, "Yes you have said it right!! Raju had no knowledge of computers/IT". "I talked with him and found that he had no knowledge about the software sector".

Poor Shankar Sharma, when will he start learning!! All these years he had been fooling around. Hey man, was Mr.Dhirubhai Ambani an Engineer or a Petroleum Specialist, that he created and built the might Reliance Empire??!! Was the founder chairman of Apollo Tyres an Automobile Engineer??!! Or Late Hiren Roy from whom I bought my Sitars (I have more than one Sitar) had a degree in Music from an University!!....and last but not the least, how can we forget the story of Educomp Solutions Ltd and Shantanu Prakash, an IIM Graduate.....But then still some people love listening to these fools and TV Channels hungry of creating sensation call them again and again.

I have stopped watching the latter as I think if the TV Channels bring these bullshits again and again, let the anchors and Cameramen look at them or listen to them; I have no time to hear these fools. My comments are based on some idiotic mails which I continuously receive through a bunch of Yahoo Groups, of which I am a member.

Mitali Mukherjee/Namrata Brar/Ayesha Faridi, would do well to spend a little more time on their make ups, for Guys like me, who love (watching) "Pretty Faces" (John Keats said, "A thing of beauty is joy for ever"), than spending time on questioning those morons......lol....lol........I am just joking guys, please take it easy.....lol.......Udayan M, however can question those fellows, if he likes "the company of fools".

Anyway, my Recommended Tanla Solutions Ltd hit the buyer freeze with good volumes, after it announced that none of the Promoter's / Promoter Group's shareholding in the Company has been pledged with any financial institution, bank or any other entity as security for any financing lines.

THOSE WHO HAVE SOME SPARE CASH SHOULD SLOWLY ACCUMULATE Unitech Ltd, Sarda Energy and Power Ltd, English Indian Clays Ltd, etc. on all dips.

Reliance Industries Ltd powered ahead with the Q3FY09 results, as the crude oil remained above $41 per barrel. The Crude Oil prices are heading toward $72 per barrel mark in the days to come.

When crude oil peaked at $147.90 back in July,2008 people were starting to panic. The increase on fuel alone was really taking a toll on commuters and shipping costs went through the roof, which hurt almost every business in some way. That being said, oil is now back down at support and looking ready for a bounce.

Currently the monthly chart of crude oil has pulled back to the 200 day moving average, which is generally a good place where buyers step in. Also to take that same price level and see that it’s also a long-term support level, really starts making things look better for a possible bounce.

Oil has sold off so hard and it’s become the talk of the world, everyone wants to catch the bounce in oil price when it does finally bounce. One can see oil bouncing back up to the $60 level but only time will tell, when.

Only 12 months ago it was trading an average of 30 million shares and now it’s blasted higher to over 200 million shares each week, indicating we should see some type of reversal soon. This prolonged steep sell-off is starting to show signs of a bottom. At the moment, Crude oil continues have a Strong Support at $40 per barrel.

AS MENTIONED EARLIER BOTH THE INDIAN AND THE US MARKETS ARE SAVING HUGE MONEY IN BUYING CRUDE OIL. BUT THE HONEYMOON PERIOD COULD SOON END AS THE CRUDE WILL HEAD HIGHER IN THE DAYS TO COME, AS THE US ANNOUNCES FISCAL STIMULUS PACKAGE.

I had already recommended Reliance Industries Ltd, ONGC and Selan Exploration Technologies Ltd, yesterday.

Vikash Metal and Power Ltd almost hit the buyer freeze today, before cooling down a bit. The stock could give phenomenal return in the next few days time frame.

Most of the banking stocks did well today, as was mentioned in this blog in the morning and yesterday. Today I have recommended Yes Bank to the Paid Group members, after the company came out with very good results.

HOWEVER, I'M FEARING ONLY HYPER INFLATION AND NOTHING MORE , BECAUSE SO MUCH MONEY IN THE HANDS OF PEOPLE COULD RAISE THE PRICE OF PRODUCTS. THOSE WHO ARE ADVOCATING A DEFLATION THEORY ARE JUST FOOLING AROUND--for the time being of course the Inflation is headed downwards. A slight rise in inflation figures given out today, could be due to "truckers' strike" some weeks back and should not be a cause of any worry.

Bharti Airtel Ltd came out with good set of numbers for the Q3FY09. Bharti Airtel, the country's largest communications company, announced a 25% jump in third-quarter profit on the back of a robust growth in subscriber base that saw the company adding 8.3 million new users during the period. The telco, India's third largest company in terms of market capitalization, managed to beat analysts' forecasts by posting a net profit of Rs 2,159 crore for the quarter ended December 2008, despite a forex loss of Rs 245 crore, compared to a net profit of Rs 1,772 crore in the year-ago period.

Huge subscriber additions, the highest by a telco in any quarter, clearly indicate that the company is untouched by the economic slowdown triggered by a global recession. Bharti had over 88 million customers as of December 08. The record subscriber growth saw its revenues surging 38% to Rs 9,633 crore for the quarter. Earnings before interest, taxes, depreciation and amortisation (EBITDA) climbed 33% to Rs 3,945 crore for the period.

RIL Q3 net profit beats forecast at Rs 3,501 cr

Mumbai: Billionaire Mukesh Ambani-run Reliance Industries on Thursday beat market forecast to report better-than-expected profits on earning more than average margins on refining oil, despite extreme volatility in prices.

Reliance posted a 10 per cent decline in net profit to Rs Rs 3,501 crore in the October-December quarter as opposed to market expectations of net earnings of Rs 3,000-3,100 crore.

The company, which after adding 29 million tons SEZ refinery has become the owner of single largest refining hub, earned USD 10 on refining every barrel of crude oil. This was USD 6.4 per barrel premium over Singapore gross refining margins (GRM).

The Jamnagar refinery's ability to turn 'dirtiest' and 'cheapest' crude oil into high value products like diesel helped it post better-than-expected profits.

However, the profits when compared with Rs 8,079 crore earned in third quarter of FY'08 after considering gains on sale of shares in its subsidiary Reliance Petroleum, were 57 per cent lower, a company press statement said here.

The GRMs in Q3 were lower than USD 15.4 per barrel earnings it made a year ago as the spread between crude oil and finished products narrowed due to a slump in global demand in fuel - forced by recession in major economies.

"This was one of the most challenging quarters for Reliance with volatility in prices and margins. Producers and consumers are coming to terms with slower global trade and economic outlook," chairman and managing director Mukesh Ambani said.

Sales dropped 8.75 per cent to Rs 31,563 crore during the December quarter from Rs 34,590 crore a year ago.

Earnings from its petrochemical business were down 7 per cent, reflecting lower demand for plastics in recessionary economies.

Meanwhile, the company is implementing various capital expenditure schemes at the existing export oriented refinery of Reliance Petroleum consequent to which there were changes in this units to implement the modifications.

"Accordingly crude quantity processed during the quarter was lower at 7.87 million tonnes as compared to 8.21 million tonnes in the trailing quarter," the RIL statement said.

In the oil and gas arena, RIL along with BP was awarded the deep water block KG-DWN-2005/2 offered under NELP VII.

Besides, oil production commenced from KG-D6 basin on September 17, 2008 with an initial production of 5,000 barrels per day and there were two gas discoveries.

Reliance has executed two production sharing contracts in Iraq, acquired acreage in Peru and farmed out 25 per cent participating interest in block K located in East Timor to Oil India and Indian Oil Corporation.

RIL has incorporated wholly owned subsidiaries in London and Singapore to tap emerging opportunities in global markets of petroleum products.

During the December quarter, EBIT for the petrochemicals business was at Rs 1,657 crore, a decrease of 7 per cent and for the nine month period, EBIT for the petrochemicals business was at Rs 5,133 crore, a fall of 9 per cent.

The polymer production volumes (PP, PE, PVC) decreased by 6 per cent to 2,358 KT and the Polyester production volume (PFY, PSF, PET) decreased by 3 per cent to 1,135 KT.

Meanwhile, RIL subsidiary Reliance Retail launched two new formats-- Reliance Living Furnishings and Reliance Living Furniture during the quarter and currently operates a total of more than 900 stores pan India.