Wednesday, September 15, 2010

WINNING STROKES: THINK DIFFERENT:
So how would the markets behave from here.....This portion is only for the Paid Groups....
Energy Development Ltd hits the buyer freeze in the opening trade before cooling down a bit. The company is doing a number of hydro-electric projects and is also generating hydro-electricity. Due to good monsoon, the projects are expected to yield good results.
My recommended ITL Ltd at Rs.29.25 touched Rs.90.50 today. One can find a research report on the company at www.sumanspeaksplus.blogspot.com.
Today the annoucement in Sanguine Media Services Ltd re-confirmed that Paid up equity capital of the company has increased from Rs.15 Cr to massive Rs.120 Cr, by creation of 11.5 Cr (eleven crore and fifty lakh) additional equity shares of Rs.10 each. This is great confirmation from the company and is superb news for the shareholders. It seems the new management are bent on producing wonders for the company. Jai Ho!! 
Today I saw someone recommending Atlanta Ltd for a target of Rs.440. I think you remember that the stock was recommended at Rs.94.70 first to the Paid Groups and then to the free groups. There is also a report on it  at: http://sumanspeakscurrentaffairs.blogspot.com/search?q=atlanta
Kohinoor Broadcasting Corporation Ltd recommended first to the Paid Groups and then to the free groups at Rs.3.3-3.4 closed flat today, at Rs.3.57. The company came out with good set of numbers on consolidated basis for the June, 2010 quarter. Please do not get baffled looking at the standalone numbers--the company does not have any revenues from the Indian operations. Hence we should now consider the consolidated balance sheet and not the standalone balance sheet, which is there in the link below: http://www.bseindia.com/qresann/detailedresult_cons.asp?scrip_cd=531366&qtr=66&compname=KOHINOOR%20BROADCASTING%20CORPORATION%20LTD.&quarter=JQ2010-2011&checkcons=55c
 On a consolidated basis, the total sales of Kohinoor Broadcasting Corporation Ltd for Q1FY11 came out to be Rs.43.65 Cr, Net Profit of Rs.3.68 Cr and EPS of Rs.1.34 (Rs.5.36 on annualised basis), but the irony is that the stock is trading at Rs.3.57.  The company which earlier launched its earth station deferred the launch of TV channel due to the economic crisis. The Company has a wholly owned subsidiary viz M/s Kohinoor Broadcasting Corporation FZE whose registered office is situated at Office No. E-57G-14, PO BOX 41712, Hamriyah Free Zone, Sharjah - UAE with effect from 7 August 2007. The Main object of the Subsidiary company has been set out as general trading. The company proposes to use the subsidiary company as its distribution arm in Middle East.During the fiancial year, 2008-09 the Company has invested a sum of Rs.18.34 Cr (US$ 4.51 Million) in Kohinoor Broadcasting Corporation FZE, a wholly owned subsidiary-company, registered at Hamriyah Free Trade Zone, Sharjah - UAE. The total value of the Investment translated in to INR in the wholly owned subsidiary amounted to Rs.106.152 Cr {US$ 20.84 Million) till the close of the financial year. Hai re stock market, what have you done to the share price of Kohinoor Broadcasting Corporation Ltd--why is this trading at such an abnormal price of Rs.3.57.....Is this analysis paralysis or something other or bad publicity by vested groups. For more on Analysis Paralysis please visit the link: http://c2.com/cgi/wiki?AnalysisParalysis
Oil India Ltd recommended around Rs.1400 to the Paid Groups, reached its target of Rs.1550 yesterday. Today it touched Rs.1623 making  new 52-week high.
Today I saw someone recommending my Pick of the Week on (21st December, 2010), Sarda Energy & Minerals (SEML) Ltd. If you remember I recommended  the scrip at Rs.74.95. You can reach the research report at http://sumanspeaksplus.blogspot.com/search?q=sarda
My recommended Reliance Industries Ltd touched Rs.1016. I am looking for a target of Rs.1160, which needs to be broken on the  upside......

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