WINNING STROKES: THINK DIFFERENT:

Country Club India Ltd witnessed huge delivery based buying at the stock rose more than 2% today. There are some videos (on the company) on the left hand panel of this blog. The stock is trading a considerable discount to its book value--hence this is going to be multi-bagger going forward.

XL Telecom and Energy Ltd hit the 7th consecutive buyer freeze, after it was recommended around Rs.28.5, as the stock touched Rs.37.5. The company is expected to get another large from the overseas. Its mega project on Photo Voltaic cells is being given final touches and soon it will start commercial productions.

Sunday Report recommended scrip Decolight Ceramics Ltd (BSE Cod: 532858) touched Rs.10.21 today before cooling down a bit-soon a Research Report on the company would be placed at: www.sumanspeaksplus.blogspot.com.

Pyramid Saimira Theatres Ltd (PSTL) was asked to accumulate during the market hours to both Paid and Free Groups due to some positive developments in the counter. The stock hit the buyer freeze with huge volume and good number of pending orders.

What is interesting is that huge delivery based buying (more than 99%) was seen in the counter; this shows interest of the investors/traders in the counter after the following news spread like a wild fire. Meanwhile in a press release the PSTL management has strong denied denies all the allegations contained in the orders passed by SEBI. In a written note it said, "Instead of protecting the interests of the shareholders, the SEBI’s Order has the calculated effect of jeopardizing the interests of the thousands of shareholders and mostly retail shareholders and other stakeholders of our company."

Pyramid Saimira, a holistic Indian multinational entertainment company, operating in 6 countries with Its diversified businesses include Exhibition (Theatre), Film and Television Content Production, Distribution, Hospitality, Food & Beverage, Animation and Gaming, Cine Advertising, etc., which has propelled it to take the entertainment industry to the next level.The flagship company (viz., PSTL) has in the last few years ramped up aggressively and has transformed into a corporate group through its focus on strategic acquisitions and its robust business model. Currently, it has a strong presence in all streams of entertainment business in India.

PYRAMID SAIMIRA SHAREHOLDERS TO GET FREE SHARES OF ITS PRODUCTION COMPANY

The Group as a part of its restructuring and revitalizing exercise decided to get strategic partners in the respective Subsidiary/Associate companies and expand the respective areas of business. Based on the above restructuring exercise, the company has inducted M/s.RDB Group, Kolkatta as Co-Promoters in Production Company PSPIL. RDB Group is a major infrastructure player in Eastern and Western India.

At present the group is having a Turn Over of Rs.5000 millions. RDB Group was founded by Shri.S.L.Dugar and having activites in Real Estate Development, Manufacturer of Cigarettes, Containers and Bags; Dealership of TATA Motors; Retail Outlets; Financial sErvices; Logistic Hub; Power Transmission Equipments; Educational Institutions on its own and the following through Joint Ventures like Infravision – a JV with Tantia Group for infrastructure and project development at Haldia and Siddha PSIDL - a JV with Siddha Group for development of plots at 300 acres of land at Jaipur. In continuation of the ongoing restructuring exercise, the Board of Directors of PSTL held a Board Meeting on 28th of October 2009 and has decided the ratio of free shares to PSTL shareholders in Production Company Viz., PSPIL (Pyramid Saimira Production International Ltd).

As per the decision, subject to all applicable formalities and regulations, the shareholders of PSTL will get one share of the Production Company – PSPIL, additionally, free of cost, for every three shares held by them in PSTL. This will be a reward to the shareholders of PSTL.

In this scheme, PSTL shareholders will get 99,20,488 shares free of cost representing 18% of post issue capital of PSPIL. The Board also reserved 29,94,462 shares to FCCB Holders and 8,35,050 shares to Secured Creditors of PSTL.

Approximately 40,000 shareholders of PSTL will be benefited by this proposal. The Board also tentatively fixed that 20th November 2009 will be the record date for PSTL shareholders for this purpose, subject to the approval of the Stock Exchanges.

P S SAMINATHAN

MANAGING DIRECTOR

DATE : 28.10.2009

PLACE: CHENNAI