SumanSpeaks: The Information Super Highway

WINNING STROKES: THINK DIFFERENT As expected Cinemax Properties Ltd hit the buyer freeze in the late afternoon trade. The scrip was repeatedly asked to accumulate as most of the sale proceeds would go to this entity.  Suzlon Energy Ltd continued its upwards journey as it touched Rs.18.90, during the day. The scrip started to show sudden momentum after some very favourable news were announced by the company. A 300 bps interest subvention, will  have tremendous  positive effect on the top and bottomlines of the company. Besides the company has huge order book position, which it will execute in the coming days. Now since there is a two year moratorium and hence, I think the basic problem, of working capital requirement would be solved to a large extent. Now with the Crude Oil prices surging ahead, the demand for wind turbines will only increase in the coming days. I think this scrip will make new highs this time, and I h ave already placed a short term target of Rs.31-...

Voltas Ltd: An Explosive Chart Emkay Global Financial Services Ltd maintains a positive bias on Voltas Ltd in view of strong ROCE (+25%), net cash surplus status and strong balance sheet – relative to peer-set. Voltas Ltd has completed the second techno-commercial audit of the project. It indicated provisioning already taken on the project as adequate after considering further upward revision in costs alongside negotiations for variations with the customer The brokerage house has advi s e d the clients to Accumulate with price target of Rs12 1. The current market price of the scrip is Rs.1 07.20.

Suzlon Energy Ltd: Why suddenly it is a screaming Buy? CMP: Rs.17.05 Lenders to wind turbine maker Suzlon Energy Ltd, which last month defaulted on a $200 million convertible bond redemption, have agreed to restructure about Rs.11,000 crore of its debt, according to the media reports. The debt to be restructured is held by about 20 Indian banks, led by State Bank of India, the country’s largest lender, which had exposure to the company of about $659 million as of last month. The deal gives the world’s No. 5 wind turbine maker, which has been squeezed by a combination of debt, tight working capital and falling global demand for turbines, breathing room to fund its operations. This is great considering the key take-aways from the media reports. Let us observe why this deal is suddenly looking so attractive for the shareholders who have waited not for days but for years, to get a solid prop, to their hopes: (i) Suzlon Ltd has a net debt, at about Rs.13, 000 crore at ...

U B ( Holdings) Ltd: A Super Bullish Chart Pattern You have seen the Chartical Part, which is very explosive for the bulls. Now let us consider some fundamental part too. Let us examine some of its holdings: 1. United Breweries Holdings Ltd  holds  18.03% in United Spirits Ltd. 2 . Gem Investment & Trading Company Pvt Ltd, promoter group company holds 1.63% in UNITED BREWERIES LTD. 3. United Breweries Holdings Ltd holds 37.18% in U B ENGINEERING LTD. Now, the point is that a brokerage house has increased the target for United Spirits Ltd to around Rs.2200, this gives further upside for the scrip of U B (Holdings) Ltd. Moreover, the book value of the shares of the company is Rs.236.90. In such a circumstance, I am expecting a minimum price of Rs.140 for the scrip in the next few trading sessions. 

Buying a home to get cheaper as RBI says no to restructuring of real estate loans MUMBAI: The Reserve Bank has turned down banks' demand for restructuring stressed real estate loans without providing for potential losses, a move that could mount pressure on builders to lower prices as banks push to recover loans. The central bankBSE 0.82 % believes that if banks are permitted to restructure the loans without providing for losses, they will lose the urge to insist on prompt payments from builders, who in turn would continue to hold onto prices even if sales are slack, two bankers familiar with the discussions said. Builders will get the benefit of paying the same loan over a longer period without feeling the pinch to repay, RBI Deputy Governor KC Chakrabarty is supposed to have told bankers in a recent meeting, said the two bankers who did not want to be identified. Banks will be at ease once the loan is prevented from becoming a sub-standard asset, Chakrabarty said. Buying a ...

PVR in talks with NBFCs, PE investors to lock Cinemax deal MUMBAI: The management of PVR, India's third largest multiplex operator, has initiated active discussions with a group of private equity investors and non-banking finance companies (NBFCs) to finance its plan to buy the promoters of CinemaxBSE -6.50 %, another multiplex operator, for Rs 550 crore. According to two independent sources, negotiations with Renuka Ramnath's private equity venture Multiples is believed to have reached an advanced stage. Multiples may invest Rs 150 crore for a minority stake in PVR LtdBSE -3.42 % by way of a preferential allotment of shares. Existing investor L Capital - the private equity arm of luxury house LVMH - is also expected to make an incremental investment of Rs 85 crore in PVR, added the sources. PVR promoters - led by Ajay Bijli, chairman and managing director - will also bring in some of their own equity to conclude the transaction. The debt financing is being syndicated by...

    P VR confirms interest in Cinemax Delhi-based multiplex major PVR Ltd has announced on Tuesday that it was in in talks with Cinemax for a possible takeover. PVR informed the exchanges, “it is engaged in active discussions with the promoters of Cinemax India Limited for a potential purchase of their shares in Cinemax India Limited. Similarly, Cinemax issued a statement, saying the company had been informed by its promoters that they were engaged in exclusive discussions with PVR Limited for a potential sale of their shares in the company. Sources close to development said that Cinemax is expected to earn a revenue of Rs 450 crore in this fiscal and the valuation would be close to Rs 600-700 crore. Cinemax, promoted by Kanakia Group, which has interest in real estate also, had recently demerged its exhibition and properties business into two different companies and listed the cinema exhibition business under Cinemax India Limited (CIL), as a precursor to a possibl...

Suzlon surges 10% on corporate debt restructuring buzz     Shares of Suzlon Energy on Tuesday rose by 10 per cent amid reports that lenders of the wind turbine maker have agreed to restructure its debt. Shares of the company soared over 12 per cent during the day and finally ended at Rs 17.05, up 10 per cent on the BSE. At NSE, the stock settled at Rs 16.95, up 9.71 per cent from its previous close. On the volume front, 129.26 lakh shares of the company changed hands on the BSE, while more than 5 crore shares were traded on the NSE. “Buying in the stock stemmed from news of corporate debt restructuring. This may have also triggered short-covering which further pushed the stock up,” Milan Bavishi, Head Research, Inventure Growth & Securities said. The consortium of 20 lenders led by State Bank of India has agreed to recast Rs 11,000 crore of debt of the struggling Suzlon Energy under the corporate debt restructuring (CDR) mechanism, a top Suzlon official said. Suzlon ha...

Market Mantra V2 Retail Ltd as expected hit the buyer freeze in the mid afternoon trade. I have been asking all to buy the scrip, as it is expected to give you a very good return going forward.  My recommended Onmobible Global Ltd touched Rs.44 before cooling down a bit. Most of the telecom stocks are showing buoyancy after recent developments. The Reliance Com municat ions Ltd is near my 2nd target of Rs.71-72. However, I think we should exit Tulip Telecom Ltd as there is no movement in the cou nter, eve n before the Q2FY13 resul ts which looks strange.  Buy Suzlon Energy Ltd at Ra.17, T--Rs.32, Sl--Rs.15. I think at the end the company is able to restructure its huge debt of around Rs.13, 500 Cr. The stock in all probability is expected to cross Rs.20, in the next few trading sessions. Also, in accumulate Vijay Shanthi B uilders Ltd at R s.15.40, as the com pany is doi ng well and the scrip  is now avail a ble at some good valuations.  Nifty _Futures re...

Market Mantra My Nifty_Futures achieved the target of 5630 and is now moving up. I have mentioned yesterday, that I am bullish on Nifty, in view of the recent developments in New Delhi.   My speculative pick Shree Asthavinayak Cine Vison Ltd hit its 4th consecutive buyer freeze and is almost near its target of Rs.3.20. I would suggest all to book 80% of the profits in the counter as it is very risky to keep on holding positions in these kinds of stocks, as there are too many problems in the company. Instead put that money in either Tulip Telecom Ltd (Rs.37) or Onmobile Global Ltd (Rs.41.70) .  Today's call : Buy Opto Circuits Ltd at Rs.101-102, T--Rs.121, SL---Rs.95. The company came out with superb set of numbers for the Q2FY13. The companies like Opto Circuits, will benefit from Organized retailing.

Hemant K Gupta COMPACT DISC INDIA LTD (now CDI International Ltd)   Sell advice on this scrip being given by this writer since 3 years. Company used to make grandiose announcements (which were fake) about foray in Hollywood and what not. Company even announced delisting plans which enabled vested interests to offload their huge quantities at fabulous price. Figures being reported by Compact Disc have always been bogus. Provision for depreciation is always NIL. Have you ever heard such a thing? Employee cost for full year just 41 lacs which is just 0.2% of sales. Either company has been operating without any employees or employees have been working for Compact Disc for free! General and Administrative Expenses again are negligible. Wonder how income tax department not smelling any scam? SELL. Scrip can be Rs 1 or Rs 2 in coming years. PIRAMAL GLASS INDIA LTD. Several brokerage houses were coming out with Buy recommendation on this scrip with fancy price tar...

Onmobile Global Ltd: Ready to shoot up Please Click on the Chart to get a Better View OnMobile Global Ltd is one of the largest white-labelled Data and Value Added Services c ompanies for Mobile, Landline and Media Service Providers. OnMobile touches the lives of over 1 billion mobile users across 55 countries every month. With its diverse product portfolio of Mobile Music, multi-screen Video Gateway and delivery solutions, Phone Backup and Personal Cloud Management solutions, Voice and Video portals, M-Commerce products and services, it generates, around 2 – 5% contribution for top customers and top line revenues for over 92 customers globally. Founded in 2000, OnMobile has 1500 employees spread across India, U.S., Latin A merica , Africa, Australia, Middle East and Europe. The company was publicly listed in India in 2008. Recent acquisitions include Voxmobili (2007), Telisma (2008), and Dilithium Networks (2010).

YELLOW JOURNALISM??!! [SEE HOW ECONOMIC TIMES PRESENTS DISTORTED NEWS : This "Paid News" media house comes up with a heading: "Facebook post row: Maharashtra to take strict action against guilty cops"-----So, they are already, pronouncing the cops to be guilty. While let us examine what the government actually said: "The report will be forwarded by the DGP to the government today. I will discuss the report with Chief Minister Prithviraj Chavan and strict action will be taken against the officers if found guilty," Patil told reporters. So, the phrase, "....if found Guilty", becomes "Maharashtra to take strict action against the guilty cops". Huh!! This is ur media guys.......be careful, before you start believing t hem totally ..........!!] The two girls who posted inflammatory messages on Facebook M UMBAI: Promising that Maharashtra Government will act on the recommendation of the inquiry report on the arrest of two girls for ...

WINNING STROKES: THINK DIFFERENT Cinemax Properties Ltd as expected hit the buyer Freeze in the late afternoon trade. IT IS NOW OFFICIAL: The Promoters of CINEMAX INDIA LTD  are looking to sell their stake in the company but have not yet finalised any definitive agreements. PVR is set to buy out the 141-screen multiplex chain CINEMAX INDIA and has offered to buy the promoters' stake at 170-180 rupees per share.  I think Cinemax Properties Ltd would be one of the biggest beneficiaries of this deal. I think you know that erstwhile Cinemax India Ltd was named as Cinemax Properties Ltd. The scrip has  been asked as a strong buy ta Rs.17, to the PAID SERVICE members, when it fell.  Manappuram Fiance Ltd as expected flared up and touched Rs.36, intra-day. It   was recommended a strong buy a couple of days back.   

Tulip Telecom Ltd CMP: Rs.36.90 T--Rs.44 Tulip Telecom Ltd (BSE Code: 532691) is India's leading Enterprise Data Service provider. The company's data network has the largest reach of over 2000 locations globally. The company has a global presence with over 5,000 employees and more than 2500 customers. Tulip designs, implements, and manages communication networks of large enterprise on long term contracts to include enterprise communications connectivity, network integration, managed Services and Data Centers. Very recently, the data center provider Tulip Telecom and TaraSpan, a provider of India market entry strategies for Canadian technology companies, launched cloud-based managed unified communication services to over 2000 cities in India. These services include cloud and premise-based unified communications and collaboration solutions from Mitel Networks (Mitel). Cloud-based Unified Communications as a Service (UCaaS) enables enterprises and SMBs to leverage busine...

Market Mantra IT IS NOW OFFICIAL : The Promoters of CINEMAX INDIA LTD  are looking to sell their stake in the company but have not yet finalised any definitive agreements. PVR is set to buy out the 141-screen multiplex chain CINEMAX INDIA and has offered to buy the promoters' stake at 170-180 rupees per share. We are already getting the price movements in the shares of both Cinemax India Ltd and Cinemax Properties Ltd too. I think Cinemax Properties Ltd would be one of the biggest beneficiaries of this deal. The scrip is now trading at Rs.20. The scrip has  been asked as a strong buy ta Rs.17, when it fell.  Buy Tulip Telecom  Ltd at Rs.37.50, T--Rs.44, SL--Rs.34. When most of the telecom stocks have started to do well, I think this stock will also move up. Meanwhile , my recommend ed Onmobile Global L td is also moving up---in the m orning trade it touched Rs.43.50. By Nifty_Futures at 5613--5614, T-- 5670, SL--5590. I think the present condition looks bulli...

Manappuram Finance Ltd: Strong Buy CMP: Rs.33.35 Manappuram Finance Ltd  is India's first listed and highest credit rated gold loan company. It has one of the hassle free business models as it give loans against the Gold. I had strongly suggested the Paid Group to accumulate the scrip in all declines, a couple of days back, after which the scrip  has been moving up on a regular basis. The chart of the scrip is also looking explosive. Moreover, introduction of Banking Laws (Amendment) Bill, 2011,  could have some positive rub off effect on the scrips of all NBFCs.  The scrip should now steadily move up for a target of Rs.41.

Indian govt releases Rs.12.76bn to back MSME projects The Value Chain in Textiles The Government of India has released Rs. 12.76 billion in the current fiscal year 2012-13 to support 53,826 Micro, Small and Medium Enterprises (MSME) projects, including those belonging to textile and garment industry, which is likely to generate around 431,000 jobs. The sum has been released from the proposed outlay of over Rs. 90 billion for the Prime Minister's Employment Generation Programme (PMEGP) announced under the XII Five-Year Plan (2012-17), Minister of MSME KH Muniyappa said, while speaking at the inaugural ceremony of Techmart at the India International Trade Fair (IITF) 2012. The PMEGP scheme is intended at creating employment opportunities by setting up micro enterprises like rural industrial units. Under PMEGP, it is proposed to spend Rs. 97 billion to launch 400,000 projects, with margin cost of Rs. 2.3 million per project, and generation of around 3.2 million jobs...

Market Mantra Cinemax Properties Ltd which was asked for a strong BUY for the Paid Groups, hit the buyer freeze in the opening trade, before coming down a bit . It is one of the finest counters and should give returns once the small and mid caps starts to perform.  The Nifty_Futures are given a buy at around 5500, for a target of 5600. I think there is no negative in the market and every dips should be used to accumulate the counter. At present no political formation is ready for elections, and so a no confidence motion by the TMC could only be used to asses, the alignment of the parties or their polarization before the final in 2014 --nothing more than that. 2ndly FDI in retail is a given case, so government in all probability will not allow voting on the bill---it will be seen as an executive decision. This FDI in retail in spite of all the posturings, is now a gone case for the opposition. Moreover, it might give more negative publicity to the BJP e specially among...

Stocks Jump as Fiscal Cliff “Fever” Breaks: Will the Bounce Have Legs? Since 1950, November-January has been the best three-months span for stocks, according to The Stock Traders Almanac. After a rough month for stocks and with the Nasdaq sliding into "correction" territory, there was a lot of downbeat talk this weekend. On Monday, Goldman Sachs Chief U.S. Strategist David Kostin reiterated his year-end target of 1250 for the S&P 500, or roughly 8% below Friday's close. "Uncertainty swirling around the 'fiscal cliff' that must be resolved by year-end, the pending jump in capital gains taxes at the start of 2013, and the debt ceiling that will be reached in late February represent clear and present downside risks to the market in the near-term," Kostin writes, effectively summarizing the bears' case for a continuation of the recent downturn. So, of course, stocks jumped Monday morning as the market likes to disappoint consensus expectation...

WINNING STROKES: THINK DIFFERENT A buy on Nifty_5600, C all was given at Rs.41, it shot upto to Rs.46.20, intraday. I think it would reach its target of Rs.60, within a couple of days. The details of the call is given on my Paid Blog: www. sumanspeakspremiumservices.blogspot.in. The  Nifty_futures were also asked to buy to the Paid groups, at spot Nifty rate of 5560, with a Spot target of 5600, which I think will anyhow will be reached. Those who generally play in Nifty_Futures, would find both these calls attractive.  A buy call was  given in copper at Rs.420--422, for a target of Rs.427--429. It has already touched Rs.426. 8 0. Any positives in the US, will have a good effect on the commodity prices. I think this will be reflected in the steel stocks in the coming days. A buy call was initiated in Tata Steel at Rs.366 for a target of Rs.380, in the next 5 days. The season of the steel sector has started from November, 2012 and I think we can expect most of t...

Obama Says He’s Confident of Reaching Fiscal Cliff Deal President Barack Obama expressed confidence that he and Congress would reach an agreement that will avoid the automatic spending cuts and tax increases that are scheduled to occur at the end of the year. “I am confident we can get our fiscal situation dealt with,” Obama said at a news conference in Bangkok, where he began a three-nation trip that will include the first visit by a sitting U.S. president to Myanmar. Before Obama left for Asia, he began on a new round of deficit-reduction talks with top Republicans and Democrats in a bid to avoid the combination of $607 billion in automatic tax increases and spending cuts that threatens to throw the country into a recession next year. He arrived in Asia today on his first foreign trip since re-election, underscoring the region’s importance to U.S. growth. The Nov. 17-20 trip is built around a summit in Phnom Penh, Cambodia, where Obama will meet with leaders from ...

2G auction flop show: Where are those Rs 1.76 lakh crore? Kapil Sibal asks [A few months back when I forecasted about the FLOP Show about to unfurl, on auction, many castigated me, and called me to be an anti--Indian and supporting a scam. But then how to deal with flawed figures championed by the opposition? The work of opposition is to check the malpractices of the government so the economy runs effectively; but here the opposition is a supporter of a flawed concept. This is the most Most Unfortunate, thing to  have happened----in the process not only did the telecom companies suffer but also the shareholders. Yes, if there is an anomaly in distribution of spectrum one can always pull up the related minister, as the government has rightly done, but calling something scam based on some Hoax Figures calculated by a responsible constitutional body, is equally dangerous and malacious.The government, which had set a reserve price of Rs.14,000 crore for pan-India spectrum on the ...

The FM asks RBI to bring out final bank licence norms   P C hidambanaram asks to start the process to invite applications without waiting for legal amendment NEW DELHI: The government has formally asked the Reserve Bank of India (RBI) to start the process for issuing new private bank licences and promised to put in place the necessary legal structures sought by the central bankBSE 1.79 % no later than the budget session of Parliament. Finance Minister P Chidambaram told reporters on Thursday that the government had written to the central bank to finalise the licence guidelines and start receiving applications. "We have written to RBI recently, urging them to proceed to finalise the guidelines and proceed to receive applications for new bank licences in anticipation of the Banking Regulation Act being amended," he said. "I have assured RBI that the Banking Regulation Act will indeed be amended hopefully in the winter session. If not in the winter session, in bu...

Manappuram Finance Ltd: A C ompany with a S teady Business Model Please Click on the Chart to get a better view Manappuram Finance Limited is India’s first listed and highest credit-rated gold loan company (99.1% of assets under management or AUMs , represent gold loans as on March 31, 2012 ) . Incorporated in 1992, it has since emerged as one the of the fastest growing gold loan companies in India and widely recognized as a leading wealth creator in the Indian stock market. Today, it has around 3000 plus branches across 26 states and UTs with Assets under Management (AUM) of about Rs.11,600 p lus crores, a workforce of about 22,000 and a live customer base of 16 lakhs.Headquartered in Kerala, The company was also the first NBFC from Kerala to issue bonus shares in the ratio of 1:1 in 2007 and then, repeat the feat twice, in 2010 and in 2011 (making it three such instances in five years). Moreover, in 2007, Manappuram Finance Ltd became the first Kerala based NBFC ...