WINNING STROKES: THINK DIFFERENT:
Yesterday, the Indian Stock Markets behaved as
expected and as mentioned in the morning in Face Book---in the late afternoon
trade an "Avalanche of Bulls" proliferated the TRADING RING, taking control
of the affairs of the both BSE and NSE. It was mentioned in Face Book, yesterday morning, that as soon as Nifty crosses 4930--4950, range an avalanche of bulls could dominate the proceedings of the bources--ditto happened as the Sensex soared by more than 250 points in the last afternoon trade.
Refex Refrigerants Ltd hits the buyer freeze both in BSE and NSE.The company's renewal energy projects are expected
to go on
stream from June, 2010. Those who are holding the shares can continue to
do the same. I have however taken some new position yesterday. I remember
buying this
scrip around Rs.65-67 in 2007 and then selling around Rs.150. The scrip
however
moved much higher after I exited.
Hilton Metal Products Ltd is coming up with
results on 31st May, 2010. The company is also expected to come up with
dividend. Hence keep a watch on the counter.
There are also some good news for the shareholders of Sanguine Media
Services Ltd. The company as you all know makes programmes for Gemmini TV, a
group company of Sun TV Network Ltd. We also know that, Sun Network is India's
largest media conglomerate and has powerpacked 20 (Twenty) TV Channels with the
reach of more than 95 million households in India. Sun Network's channels can be
viewed in 27 countries including U.S.A, Canada, Europe, Singapore, Malaysia,
Srilanka,South Africa, Australia and New Zealand. Also, Sun Direct is one of the
largest DTH (Direct To Home Satellite TV service) service provider in India
having more than 5.3 million subscribers and Sun Pictures the film division of Sun
Network produces / releases atleast 8 movies every year. NOW SANGUINE COULD
PRODUCE SERIALS FOR UDAYA TV, ANOTHER SUN GROUP COMPANY. The company hopes to
produce serials for other channels also of the Sun Group, which is a great news considering the number of Channels Sun TV has. Sanguine Media, however, cannot make contents for other channels because
it isbound by a contract with Sun TV. So if the company starts producing
serials for other Sun Group channels also, then the revenue generated in future
could be much greater than what it is generating now. Moreover, the company hopes
to improve its TRP rating from this quarter onwards. In the event management section it hopes to get repeat order from ICICI Bank
Ltd. Hence, the shares of Sanguine Media Services Ltd could touch Rs.18--20,
any time from now. The book value of the shares of Sanguine Media Services Ltd is Rs.19.82. Sanguine Media Services Ltd is coming up with results on 31st
May,2010, which will be according to the expectations (no fireworks). Besides this the company is presently doing a project for Godrej Ltd. There was a block deal of 1, 03, 590 shares of Sanguine Media Services Ltd at Rs.3.11 on 25/05/10 (25th May, 2010) according to the statistics coming out from the Bombay Stock Exchange (BSE)---seems time has come for the stock to race towards Rs.20 mark.
Those investors with a long term view can buy the shares of Ambalal
Sarabhai Enterprise Ltd. Also Tantia Construction Ltd has been recommended to the
Paid Members in the Sunday Report.
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