SumanSpeaks: The Information Super Highway

WINNING STROKES: THINK DIFFERENT Tips Industries Ltd recommended around Rs.29.5 reached its target around a couple of days back. Those who are holding should book profits and invest the money in Northgate Technologies Ltd at Rs.8.9--9. The Facebook IPO could re-rate the stocks in the social networking space.  There is no stopping of Vijay Shanthi Builders Ltd as the scrip touched Rs.23.70 today. This is a Chennai based builder having huge land  holdings.   Today as expected the Bank Nifty performed well. In the coming days most of the bank stocks will do well. Accumulate IFCI Ltd in all dips. This stock is moving towards, Rs.35-37-41 mark in the coming days and  hence do not wait--simply accumulate. Another stock which could outperform in the coming days is Jupiter Bio Science Ltd which has been battered beyond recognition.Today the scrip closed at Rs.12.94. A good delivery based buying is seen in the counter since the last few days.  I do not understand one t...

Bank Nifty is now ready for a take-off State Bank of India, the nation’s largest lender, will receive $1.6 billion from the government in an infusion of capital, ending a two-year wait for funds even as slowing economic growth fueled bad loans. The stock was repeatedly recommended in this blog if you could remember. Even Allahabad Bank Ltd which came out with good set of numbers for Q3FY11, was also recommended repeatedly in this blog.

Northgate Technologies Ltd: Talks of Re-rating after the Facebook IPO There is massive restructuring going on in Northgate Technologies Ltd, since the last couple of years. The company now gets most of its revenues from the trading activities, through, M/s. Green Fire Agri Commodities Pvt. Ltd. It has already integrated itself with Facebook to get better viewership. Northgate Technologies Ltd earlier informed BSE that Ziddu.com, a well known and leading file sharing site had come up with innovative development, with which people can upload photos / videos / recorded audio files to Ziddu.com and can email to their friends from mobile itself. Ziddu Mobile App is available for Android and iPhone users.

Vijay Shanthi Builders: A Great Upmove propped on Land Bank Valuations The real estate stocks are expected to outperform the markets in the coming days, as the rate cut is imminent. Hence just buy and hold them, they will give you superb returns. The Price of the Paid Services is going to increase from 1st February, 2012. Hence, those who want to renew or take fresh subscriptions, should do it before  this stipulated date. Those who are having a portfolio of more than Rs.2 lakhs they can join my brokerage house, and get one year subscription free and 50% discounts in the next two  years of subscription (this offer is valid till 31st March, 2012). Also, some seats are open for Profit Sharing Arrangement; if anyone has a portfolio size of more than Rs.5 lakhs (for NRIs it is 15 lakhs), they can send me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com. Those who have sent me mails for fresh subsc...

Market Mantra Buy Nifty 5200 call at Rs.82-82.5, SL--Rs.78, T--Rs.91....Now it is time to start buying Nifty again. This message was first given to the Paid Services members and then to the Free members on my Yahoo Messenger, ID--suman_2004s@yahoo.co.uk . India witnessed the second highest growth in FDI inflows in the world during 2011, which helped generate over two lakh jobs, reflecting robust faith of international investors in Indian growth and allaying fears of its fading global sheen, a private survey showed.Total FDI inflows grew by 25% during Jan-Nov 2011, second only to Brazil where the growth was 48%. Most of the investments were focused on large scale manufacturing industries-automotive, industrial equipment, metals industries and on business process outsourcing projects in IT services-generating 2.16 lakh jobs in the country. The total value of FDI inflows during Jan-Nov 2011 rose 13% YoY to over $50 billion. There is no stopping of Vijay Shanthi Builders Ltd, the scrip to...

RBI has done it. Now, it is the turn of the Govt   T.V.Gopalakrishnan January 29, 2012:  Kudos to the Reserve Bank for having come out with a bold measure of releasing liquidity to the funds-starved market through reduction of CRR by 50 basis points from 6.0 per cent to 5.5 per cent. This measure alone should help the banking system take care of partially the gaps in the credit needs of the manufacturing sector to augment investment and production, although the cost of funds is comparatively higher as policy rates have not been changed. The Reserve Bank is fully justified in keeping the repo rate and reverse repo rate unchanged in the background of persisting high level of headline inflation which averaged at 9.7 per cent (y-o-y) during April-October 2011 and ever increasing fiscal deficit expected to be far more than the budgeted figure of 4.6 per cent. Thus, the repo rate and the reverse repo rate will continue to be at 8.5 per cent and 7.5 per cent respectively. This ha...

Government making efforts for consensus on FDI in Retail: Pranab Having suspended its decision to open multi-brand retail to FDI, the Indian Government has said efforts were on to build consensus among stakeholders to allow foreign investors in the sector, which is estimated to be over $550 billion in size. "...our efforts to open up the FDI in multi brand retail trading has not been operationalised yet. We are in the process of building up consensus among the various stakeholders to take the next steps in that regard," Indian Finance Minister Pranab Mukherjee said here. He was addressing a gathering of leaders of Fortune 500 companies at Chicago Council of Global Affairs here. Following widespread opposition, including from its own ally, the government put on hold its decision to allow 51% Foreign Direct Investment (FDI) in multi-brand retail on November 24. The government, however went ahead with its decision to increase the FDI level in single-brand retail to 100 per c...

2012: Top 5 Trends for Cloud Computing  We  hear a lot about CLOUD COMPUTING and Allied Digital Ltd's massive foray into it. But where we are as far as cloud computer stands and what are its future? Bangalore: The Cloud, though still in nascent stages of implementation has impermeated deep into the corporate structures. As the time passes by, so does the transformation of cloud in an expansive way, emerging out as a cost-effective business need. These are a few game changers for Cloud solutions during the year 2012: The Cloud Outages will Propel the Organizations to Forage for Better Quality Service Providers : A pertinent example is the outage of Amazon's Web services, which caused colossal losses for its corporate clients, in spite of the high budget spending on upgrading infrastructure among varied others. More instances of such breakdown of IT systems through erroneous software and unreliable hardware could be an eye-opener for the organizations wanting to tread the C...

" Bear romance is over: But be cautious of TV Analysts " ~~G. S. Roongta Last week, this column exposed the games that technical analyst play while making their calls about CNX Nifty heading Southwards to hit 4200 or BSE Sensex might break 14K. We have been repeatedly writing against such analyses over the last 3-4 weeks and finally their forecasts have proved completely wrong and misleading only to expose them as having some vested interest or being hand-in-glove with the bear lobby. Having appeared on several business channels and their reviews/forecasts featured in the pink business dailies has rendered millions of viewers and readers who acted on their advice to suffer huge losses. In the last issue of Money Times, our column headlined ‘Games analysts play’ has sparked great interest as we discussed in detail how such analysts use TV channels and the print media for their selfish motives and are in league with the interested lobbies, which is nothing short of a crime as...

Facebook to file for IPO, on Wednesday: WSJ Now will the shares of Northgate Technologies Ltd (CMP: Rs.8.95), the owner of India's top Social Networking Website: www.bharatstudent.com, shoot up in the next few days, due to rub-off effect?? SAN FRANCISCO (MarketWatch) — Facebook may file documents for an initial public offering on Wednesday, eyeing a valuation of $75 billion to $100 billion, the Wall Street Journal reported Friday. Click on the Chart to Expand Morgan Stanley is close to winning the IPO deal, while Goldman Sachs is expected to play a key role, according to the Journal, which cited an unnamed source. Read more on Facebook at WSJ.com. Facebook could not immediately be reached for comment. The company’s public trading debut is expected to be a high point in the wave of social networking IPOs which recently saw the launch of such companies as LinkedIn Corp.     LNKD -0.01%   , Groupon Inc. GRPN -0.10%  and Zynga Inc.   ...

The two banks which I recommended strongly The IFCI Ltd is expected to be a steady profit maker in the coming days. The scrip should be accumulated on all dips.  The current CMD of SBI Ltd, looks to be a man of action, after the previous one spoiled everything. The earlier CMD actually brought this public sector behemoth to its knees. The inefficient persons should be sacked before they retires--like the current inefficient Finance Minister, who is clinging to the post like a leech sticks on the back of a buffalo, should have been sacked long back. He is the person responsible for the dwindling sentiments in Dalal Street and causing so much problems to the India Inc, apart from the unpardonable damage and harm his directionless policies did to the Broker and Trader community. A virtual quack is being made the Finance Minister of India (and a radar-less RBI team, who perhaps only knows one word in the whole of economics, "Inflation")---shame on this great country.

My Nifty Target of 5200 has been reached today Country Club India Ltd moved up by more than 5% today: Is it the Start of the Next Upmove? Indian stocks today, 27 January 2012, played a catch up with rally in Asian stocks on Thursday, 26 January 2012, triggered by Federal Reserve's pledge at the end of a two-day policy meeting on Wednesday, 25 January 2012, to keep US interest rates at ultra-low levels until late 2014. India's stock market was closed on Thursday, 26 January 2012, on account of Republic Day. Key benchmark indices surged to attain their highest closing level in more than 11 weeks. The barometer index, BSE Sensex, jumped 156.80 points or 0.92%, up close to 125 points from the day's low and off about 25 points from the day's high. Data showing stepping up of buying of Indian stocks by foreign funds underpinned sentiment. The market breadth was strong. The Sensex advanced for the sixth day in a row today, 27 January 2012. From a recent low of 16,451.47 on ...

Vijay Shanthi Builders Ltd: What a Chart and Upmove!! The Chart of Vijay Shanthi Builders Ltd indicates, a clear break out from  the current trends. Moreover, the land holding of the company is huge/mammoth. The FY11 turnover of the company no where matches the market cap of the company. The momentum in the counter is very strong, and hence there are ample chances of the scrip making new highs this time. Those who have taken positions in the scrip after reading my strong recommendation in this blog, must be very happy, watching today's move (closed at Rs.21.60, after touching Rs.21.70, intra-day). The same thing is going to happen in case of Northgate Technologies Ltd (CMP: Rs.8.95, Book Value: Rs.14.81--it is a turnaround case and hence its book value is going to increase in the coming days) and Jupiter Bio Sciences Ltd (CMP: Rs.13.15, Book Value: Rs.120.70, Market Cap is only Rs.82.10, FY11 revenue: Rs.253.26). I have placed a report at: www.sumanspeaksplus.blogspot.com--have a l...

Market Mantra Updated Indiabulls Real Estate Recommended at around Rs.65-66, only a couple of days back touched Rs.71.5 today. Book profits in the counter as the short term target has more or less being achieved. I recommended this scrip, a day before when a well known analyst gave a sell call on a financial channel. He gave a target of Rs.58 for the scrip, if I can remember correctly. There is no stopping of Vijay Shanthi Builders Ltd as the scrip touched Rs.21.70 today. It is one of the finest stocks in the real estate space.  I hope most of you have taken position in Northgate Technologies Ltd or averaged the scrip by now. Today, the scrip is up more than 4% in the afternoon trade. At anytime the scrip could start  hitting the buyer freezes. I  have already kept a brief report as why one should invest in the shares of Northgate Technologies Ltd at the CMP of Rs.9--10. Also, please  have a look at the consolidated results of the company instead of standalone resu...

Sweet music for the Real Estate Sector Soon after Manhattan-based American major Pfizer announced it was buying Madison-headquartered drug firm Wyeth for $68 billion, German giant Merck agreed to purchase rival Schering-Plough for $41.1 billion. This was 2009, a time when global pharma majors were trying to diversify their range of products to cope with the economic meltdown. It was also the beginning of a phenomenon that has played out fortuitously for Indian real estate companies. Roughly three years after the 2008 global financial crunch, the Indian real estate sector currently is suffocating from yet another slowdown—but this time, it is getting much needed oxygen from a pharma boom in India, thanks to the country’s abundant talent pool, low costs and growing domestic consumption. While technology is a traditional mover of real estate, along with banking and financial sector, it is both the global and domestic pharma companies who have begun expanding aggressively. T...

Jupiter Bioscience: On a high growth trajectory??!! CMP: Rs.13.18 Short term target-Rs.18-21 Incorporated in 1992, JBL’s plants are located at Medak District and in Bidar, Karnataka. It is one of the few companies in the world with competency in the synthesis of peptides starting from the basic stage to finished peptides. JBL’s 100% subsidiary, Sven Genetech, has made rapid strides in synthesis of specialty peptides, launch of new formulations and development of its capabilities in diagnostics and enzymes. Another subsidiary in USA, Jupiter Bioscience Inc., is gearing up for manufacture of custom peptides and generic peptide APIs by the solid phase peptide synthesis. Incorporated in the State of Virginia, USA, to service customers in USA and Canada it provides a wide range of products in Synthetic Peptides, Fmoc, Boc and Z-protected L- and D-Amino Acid, Derivatives, Reagents for Peptide Synthesis, Chiral Intermediates and Speciality and Fine Chemicals. Jupiter Biosciences AG, Switzerl...