SumanSpeaks: The Information Super Highway

WINNING STROKES: THINK DIFFERENT: Kohinoor Broadcasting Corporation Ltd hits the buyer freeze in the mid afternoon trade. The company came out with good set of numbers for the Q4FY10. The company has an EPS of around Rs.5 and an important shareholder is holding good number of shares of the company. In the morning some inputs were sent to http://www.facebook.com/ . Great Run is seen in the shares of Country Club India Ltd, from Rs.17 something to around Rs.26. The bulls are still fighting out the bear army. Hilton Metal and Forgings Ltd should do well as the Crude Oil is on a roll. The company makes forgings for the Oil and Gas Sector including, refineries, petro-chemical services, etc. The stock should cross Rs.32 in the next couple of months time frame as the Q4FY10, results are expected to be good, which will be declared in the next month.

Some News for Use: 1. Ambalal Sarabhai Enterprise Ltd will start production in two of its plants in Gujarat within the next 15 days time frame. One of the plants is in Boroda and another one is a little far off from Baroda. The company hopes to turn to black by Q2FY10. But since the stock market reacts in advance and hence we could see some movement of the stock before actually it turns black. The company is also taking other restructuring measures to quickly turnaround. A good and safe stock to accumulate at the CMP of around Rs.11--12. 2. In case of Kohinoor Broadcasting Corporation Ltd, Deutsche Bank Trust Co Americas holds 28,777,540 or 26.11% shares of the company in the form of GDR issue. Also it is seen that Institutions has been constantly increasing their holdings from 17.95% in September, 2009 quarter to 21.47% in December, 2009 quarter to 25.01% in March, 2010 quarter. Also we find that the promoters' holding in Kohinoor Broadcasting Corporation Ltd has slightly incre...

The March, 2010 quarter results of Kohinoor Broadcasting Corporation Ltd: The consolidated results of Kohinoor Broadcasting Corporation Ltd are good if not excellent.Let me sum up the consolidated results for you below: The total sales for Q4FY10: Rs.156.01 Cr (Rs.44.65 Cr) Net Profit for Q4FY10: Rs.18.44 (Rs.15.9 Cr) EPS for Q4FY10:  Rs.1.67 (Rs.1.44) For FY10:. The total sales: Rs.508.96 Cr Net Profits: Rs.56.27 Cr (Rs.33.64 Cr) EPS: Rs.5.11 (Rs.3.05). So the consolidated results are excellent and needs to be looked at, considering the present downturn. From the BSE data I find that there was a block deal of 46508 shares on 13th March, 2010. Moreover, on 5th March, 2010, there was also another block deal of 470018 shares on the expectation of better results, which...

Winning Strokes: Think Different: Energy Development Ltd is on fire today, after my write up on this blog yesterday. The company yesterday informed that the Company has been awarded contract valued approx Rs.31.00 crore approx for construction / replacement of bridges by Government of Tripura. The contract is to be completed within a period of 2 years. Sanguine Media Services Ltd is on fire after the news of restructuring came out. There are some good news coming for the company in the next few quarters. Buy Hilton Metal and Forging Ltd (BSE Code: 532847) at the CMP of Rs.24.75--Rs.25 for a target of Rs.32--35, in the next 3 months time frame. Hilton Metal and Forging Ltd will convene the extra ordinary General Meeting on May 07, 2010 inter alia to consider and to pass special resolution under Section 149(2A) of the Companies Act, 1956 for commencement of new business.  Buy Jai Corp Ltd at the CMP of Rs.282 for a target of Rs.350 in the next 30 days time ...

Spot News on some Companies: 1. Energy Development Company Ltd has informed that the Company has been awarded contract valued approx Rs.31.00 crore approx for construction / replacement of bridges by Government of Tripura. The contract is to be completed within a period of 2 years. 2. Sanguine Media Servies Ltd is restructuring its business. It has recently apointment Devendra P. Otavkar and Mr. Vanraj Dadbhai Kahor as Additional Directors of the Company with effect from March 31, 2010 to hold office until the conclusion of the ensuing annual general meeting of the Company.  3. VISION CORPORATION LTD (BSE Code:   531668): Vision Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on April 06, 2010, inter alia, has decided as follows: a. Raising of more funds upto Rs. 100 crore by way of further issue of capital either in domestic or international market by way of public or private offering by issue of equity Shares / Instruments...

Private equity sets the pace for investment in Indian media  according to new research by Heernet ventures Private equity investors are edging out media companies in the race to invest in the Indian  media market, according to research from the media advisory firm, Heernet ventures.  Over the last 15  months, groups such as 3i, Sequoia Capital, Blackstone and Matrix Partners have made a substantial number  of investments in the Internet, print media and broadcasting sectors.  Key transactions include: Blackstone’s  US$275 million investment in the Eenadu Group; 3i’s US$45 million investment in the sports content producer  and broadcaster, Nimbus Communications; and Canaan Partner’s US$8.7 million co-investment (with Yahoo)  in the online classified group, Bharat Matrimony. Whilst online media is arguably the most active, the average deal size is small at around US$8-10 million. Key online verticals such as matrimonials, recruitmen...

Earning expectations to keep D-Street upbeat: Analysts NEW DELHI: The stock market is likely to see uptrend this week on sustained capital inflows from foreign funds and upbeat investor sentiment ahead of the fourth quarter earnings, say analysts.  "The market will trade in the positive terrain and the key indices will move up further this week on sustained participation of overseas as well as domestic institutional buyers," SMC Capital vice-president Rajesh Jain said.  Marketmen said firm global cues and higher capital inflows from overseas investors on the back of a strong rupee will keep the market move up, however, there could be some volatility in the market as investors may book profit at every rise in the key indices.  Analysts, however, cautioned that during the week there would be some correction as the market has advanced really up. "The markets will see consolidation as it needs a breather after nine weeks of continued gains," Bonanza Port...

Market Mantra: Market is expected to trade in a range with positive bias at least in the beginning of the next week. The correction in the middle of this week was a healthy sign for the market. Nifty remains strong as long as it trades above 5280. The medium term outlook for market remains BULLISH. Although, 18000 levels is acting as strong resistance  for the Sensex, but decline can be treated as a buying opportunity at lower level. It is only time that this level would be broken for higher up.  Sanguine Media Services Ltd moved up due to some restructuring of the business. The new financial year looks to be promising for the media companies in general.  I AM STILL OUT OF STATION AND HENCE MY ACTIONS IN THE MARKETS IS LIMITED. ALSO I AM UNABLE TO TAKE STUDIED LOOK ON INSTANT FOREX SCHEMES DUE TO MY LONG ABSENCE FROM THE PLACE OF WORK. I HOPE TO STREAMLINE THE THINGS AT MY END AT THE EARLIEST. 

Refex Refrigerants Ltd: Group's Varied Interest: Time has come for the Small and Mid-caps to outsmart the rest: The past five decades has witnessed the Refex group make its presence strongly felt in diverse trading activities. Bombay Metals: Bombay Metals is a frontrunner in the ferrous and non-ferrous metals market in Chennai. Nearly three decades old it has carved a niche for itself. A major supplier of raw materials for big industries, it is the favoured vendor for Government, private and public sector organisations. It supplies to a extensive range of industries like Petrochemical, Sugar, Refinery, Food processing, Pharmaceuticals and Chemical Industries. With rich experience and knowledge, its qualified engineers provide solutions for all the stainless and metal needs of various companies. It also import and export stainless steel, copper, brass and aluminium that confirm to matchless standards in all shapes, forms, sizes and grades. It is a prou...