Saturday, December 25, 2010

WINNING STROKES: THINK DIFFERENT:
The SMALL CAP RALLY, which I was talking of, has at last STARTED: Cheers!!
Yesterday's morning call B F Utility Ltd at Rs.745 hit the buyer freeze in the late afternoon trade. The following news was sent to the Paid Groups in the morning mail: "Keep an eye on B F Utilities Ltd (CMP--Rs.745) as it is in talks with Goldman Sacs to sell 10-15% in Phase II of Bangalore-Mysore expressway for Rs.500. Aggressive investors can take position in the scrip....for a target of Rs.950...".
In another positive development, fantastic news came yesterday morning regarding PYRAMID SAIMIRA THEATRES LTD. The scrip of Pyramid Saimira Theatre (PSTL) soared 20 per cent on the Bombay Stock Exchange (BSE) on Friday after the Securities and Exchange Board of India (Sebi) on Thursday directed — post market hours — its promoter P S Saminathan to give an open offer to acquire shares of PSTL from public shareholders.

The stock closed at Rs 7.46 on Friday, which is also its days high. The total traded volumes jumped 236 per cent as 1.11 lakh shares changed hands on the Bombay Stock Exchange as compared to its two-week average traded volume of just 33,000 sharesHowever, both Mr & Mrs Saminathan have been barred from the securities market for 10-years and they cannot serve as directors in any listed company either. The more interesting aspect of the SEBI’s punishment, is that the promoter should make an offer to buy public shareholding of PSTL and potentially even de-list the company. But going by the past experience, what I feel is that nothing as such might happen to the promoters of PSTL. What happened to the promoters of Atlanta Ltd, IFSL Ltd, Kolar Biotech Ltd, etc ??!! I can safely say: VIRTUALLY NOTHING!! A vast majority of listed companies do these irregularities and if SEBI starts a thorough investigation, then I wonder how many of these listed companies will be able to escape the net!!  Moreover, these days, many promoters trade through "Benami Accounts" and hence this order hardly matters to the shrewd promoters. Anyway, I think the open offer would sail through very smoothly.  While I feel that the open offer price could be around Rs.50-60, CNI Research has put an  open offer price of around Rs.80. So those like me who have averaged the scrip, when its price fell from grace, would be WINNERS!! 
Subros Ltd recommended to the Paid Groups, as THE PICK OF THE WEEK (last Sunday/Monday), at Rs.40.45, hit the upper circuits yesterday. Those Paid Members, who have bought the scrip this week, must be laughing their way to the banks. I shall soon place the research report sent to the PAID GROUPS in SumanSpeaksPlus.
The following news was sent to the Paid Groups, yesterday: However, there is one positive news which could pull the Nifty above 6070 levels, the  Finance Ministry has asked the labour ministry to invest a part of its Rs.5 trl  corpus of employees providend fund in the stock market---HENCE DO NOT GO FOR AGGRESSIVE SHORTS, YOU MIGHT BE TRAPPED.
The following news was sent to the Paid Groups yesterday: Aggressive investors should note that ITC resumed production on 22 nd December, 2010, after government allowed companies to continue with the existing pictorial warnings on Tobacco Products. The real estate sector should show some positive movements as the RBI has eased norms on home loans upto Rs.2 million, and said banks can have loan to value ratio ceiling, upto 90% from 80% earlier. 
The following news was sent to the Paid Groups yesterday: There is great news for retail counters: The government has re-started discussion, on relaxing FDI limit in the space. Those who are still holding yesterday's call Sesa Goa Ltd can book profits...
Some news was sent to the Paid Groups yesterday, regarding JUPITER BIO SCIENCE LTD...Some positive news is also coming in Glory Polyfilms Ltd.

No comments: