SumanSpeaks: The Information Super Highway

Important 1. Continuing with the bad news for the construction sector, the government today hiked the GST rate for the construction sector to 18% from 12% earlier, but removed land value from computation of tax liability. Construction of complex, building, civil structure, including a complex or building intended for sale to a buyer, wholly or partly, will attract a GST rate of 18%. Therefore, it would be better if you exit from the construction sector, lock, stock.and barrel, till more clarity comes out. Book profits in Unitech Ltd at Rs.6.05 and exit the counter.  2. Rolta India Ltd after lot of correction seems to have formed a base. One can take position on Rolta Ltd at Rs.51.40-51.70, for short term targets of Rs.71-72. 3. Those who are still holding RCOM Ltd (Rs.21.70), should think of averaging only above Rs.22.50. There is further bad news that the company wants to surrender a part of the spectrum in select circles, as it is unable to pay installments, from...

Winning Strokes: Think Different Shares of realty firm Unitech Ltd today surged nearly 7% after it sold 74 acres of land in Gurgaon, Chennai and Hyderabad for Rs.260 crore to boost cash flow and complete ongoing projects.  With real estate sector facing multi-year slowdown, Unitech has decided to surrender a big chunk of land parcel in Noida to the local development authority as the company has been unable to clear dues of about Rs.4, 000 crore. The company had huge Land bank, which it is slowly capitalizing.  Moreover, as the Affordable Housing Segment booms in the Indian real estate markets, the home loans below Rs.10 lakh have surged by 43% in the last fiscal year (FY2017). The shares of RCom today crossed Rs.22, intra day, but could not sustain. Unless the shares of RCom close above Rs.22.50, the supply will always take it down. Moreover, those who have lost money in RCom (Rs.21.75), should start with fresh funds, to come out as winner. I have recommended Two...

Today's Call Buy Unitech Ltd at Rs.5.25 for a target of Rs.10. The stock price is connected to J P Associates Ltd -- while the stock of JP Associates has crossed Rs.17, the stock price of Unitech Ltd is still near Rs.5, which looks absurd when according to a report, the construction companies are likely to.get benefited from input tax credit in the GST. "Unitech has applied for a surrender of 221 acres of land. The matter is still not processed. However, once the land is accepted, we will make an estimate of the due and give them concessions against the debt," CEO, Noida Authority, Amit Mohan Prasad, said. The Unitech officers when contacted confirmed this transaction. When enquired if this transaction closed their dues with authority, Executive Vice President - Real Estate Development, Unitech Limited Rana Rajesh Kumar confirmed, "Once processed, this will make Unitech DEBT FREE when it comes to Noida authority." 

Winnings Strokes: Think Different  1. Simplex Projects Ltd hit another upper circuits in the  BSE and closed at Rs.51.50, reaching .y first target of Rs.51. Now what to do with Simplex Projects Ltd? 2. Prajay Engineers Synsicatre hit the buyer freeze at Rs.12.84 in the BSE, before closing at Rs.12.72 , up 4.50%. The stock is heading towards Rs.15--15.50. 3. My recently recommend Punj Lloyd Ltd jumped to Rs.19.20 before closing at Rs.19.95 in the NSE, with a gain of 6.46%. The company in a BSE filing said that it does not have 60% or more of its accounts categorized as NPA by the Banks as on 31 March 2016. The stock is heading towards Rs.25, from where it fell. Today, I will recommend a good dividend paying stock to the Paid Group Members.

Winning Strokes: Think Different 1. Prajay Engineers Ltd was recommended around for long term investors at Rs.10.80-11.20,  at the end of last month. The stock hit the upper circuits today and closed at Rs.12 in the NSE with good volumes. However, in the BSE, the scrip is still ruling below Rs.11.70. The medium term investors can look for targets of Rs.15-15.50. 2. Simplex Projects was recommended as buy on 10 May, 2017 in this blog at Rs.34.65, with a price target of Rs.51-52. The s rip hit the UC today and closed at Rs.49.85 in the NSE. The long term investors can book some profits and hold with a SL of Rs.46.40, for targets of Rs.56-57. Its sister concern Simplex Infra is doing the Metro Railway project in Mumbai. 3. Today, Bhusan Steel Ltd, which is reeling with a debt of ~Rs.90,000 Crore moved up by 9.28% and closed at Rs.64.15. Following the same trend I feel the stock of Punj Lloyd (Rs.17.90) should also move up tomorrow, as the infrastructure and Real Estate ...

Important 1. You can take fresh positions in Punj Lloyd Ltd at Rs.19.65, for targets of Rs.23-25. The company came out with better numbers in Q4FY17.  Infrastructure developer Punj Lloyd Ltd, set up in its present avatar in 1988, had grown quickly into a $2.6-billion business house within two decades.  Photo : The Times of India For the full financial year 2017, the company reported a net loss at Rs.850 crore, lower than the Rs.1513 crore net loss reported for financial year 2016. The Group’s order backlog stands at Rs.18,561 crores.   P unj Lloyd Ltd's losses narrowed to Rs.181.58 crore in the fourth quarter of FY17. The company had posted a loss of Rs.396.15 crore for the year-ago. T he order backlog is the value of unexecuted orders on March 31, 2017 plus new orders received after that date.  With the government approval for a new strategic partnership policy in the defence sector, domestic manufacturers like Punj Lloyd Ltd, are hopeful of explo...

Important Announcement  1. Do you want to invest in a high dividend paying stock, which can also give a capital gain of around 30% plus in a year.? You just need to buy and hold and book occasional profits. 2. Do you want to get updates on one of my small cap recommended counters, which I know many of you are holding? This stock can given 100% return in a year. Then either join my Paid Service or Trade/Invest through my recommended brokerage house with a minimum portfolio size of Rs.1 lakhs by next Thursday, i.e. by 15.06.2017. So, Rush me a mail at: suman2005s@rediffmail.com/sumanm2007s@gmail.com.

Will the RBI lower rates in the year?  The answer is definitely yes, though the timing may be uncertain. While inflation is low and trending downwards, the outlook on possible negatives that may be driving inflation forward will be critical in this context. Presently, if inflation remains benign – and there is no reason to think otherwise, a cut of 25 bps may be expected in the next half though it is more likely to be invoked in October when the busy season starts. ---- Madan Sabnavis, chief economist at CARE Ratings, The Business Standard, 7 June, 2017.

Important Photo : Live Mint 1. Those who have entered Prajay Engineers Ltd can either exitbat Rs.10.70 with minimum loss or keep holding with a SL of Rs.10.40. 2. The Prime Minister, Narendra Modi is likely to take a review of the stalled infrastructure projects. So many infrastructure stocks like MBL Infrastructure Ltd (Rs.35.05), HCC Ltd (Rs.42.45) are doing well. You can buy Gammon India Ltd at Rs.9.50, T: Rs.15. The stock looks good above Rs.9.45. The 1st resistance comes at Rs.10.60, followed by Rs.11.70 and Rs.12.90. In 2013 creditors approved a Rs.13,500 crore CDR package for Gammon. Gammon India in March said it has got members' nod to invest or buy up to 20% stake in Gammon Infrastructure Projects from wholly-owned arm Gammon Power Ltd. The company said it also got member's nod to authorise Gammon Power Limited, a wholly owned subsidiary to divest/sell/dispose off further equity shares of Gammon Infrastructure Projects Limited. Gammon India also announce...

Narendra Modi's Government is Testing the Patience of Indians ??!! The GST: on Gold 3%, Real Estate 12%, Biscuits 18% and Telecom Services 18%.In the textiles category, silk and jute fibre have been exempted...... Silk saree's are worn by poor people only.......idiosyncrasies should have their limits. Man-made apparel up to Rs.1,000 will attract a 5 per cent tax, lower than the existing 7 per cent. Those costing above Rs 1,000, will continue to attract 12 per cent. Man-made fibre and yarn will, however, attract a 18 per cent tax rate. Where is 5% and where is 12% or 18%  -- Tughlaquian. It is like the 1st class fare of Mumbai's local trains are almost 4 times the 2nd class -- are the passengers if 1st class, super rich...? Are we having a pro-leftist government in India. .? Some morons are busy with Cow and Triple Talaq, winking at serious economic issues; as GDP growth deteriorates and sector after sector gets destroyed. After construction/real estate, banking,...

Investment in Stocks, TV Serials and Bollywood Feature Film/s I am looking for deep pocketed ivestors who are ready to invest around Rs.30-50 lakhs in a This is an  Bilingual Bollywood Feature Film from our Production House. It is around 60% complete.. single share/stock based on the research reports presented to them. After they are ready with money they will be given the names of 3-4 stocks mentioning their future prospects. The investors can choose from the list and go for a target or time based investment. If they are uncomfortable to put such large sums of money in their trading account, they can do the same in my demat account and trade. The profit will be shared in the ratio of 50:50; the Period will be fixed for one year and it will be only on investment basis for one year (to get capital gains benefit). However, if the target is achieved earlier than 12 months, the position will be squared off...and the cycle repeated. Also, on account of ensuring festival sea...

Prajay Engineers Syndicate Ltd: Buy CMP: Rs.10.80 Introduction : Prajay is a Hyderabad based real estate company, which gives you more than just real estate. Prajay has been transforming the Hyderabad landscape for the last two decades by developing landmark residential and commercial properties in the twin cities. The company has also made its mark in handling Hospitality projects.  In its 20 years experience, Prajay has delivered over 75 projects and developed over 5 million square feet. The company's broadly comes under two sections: (I). Construction and Real Estate development -- 89.56% of total turnover. (ii). Hospitality Business: Hotels and Resorts -- 10.44% of the total turnover. Triggers :  1. It has a land bank of almost 738 acres, as against a total debt of around Rs.200 Cr, book value of Rs.87.64 and market cap of only Rs.76.23 Cr. 2. Prajay has also extended its presence to Vishakhapatnam, developing over 35 projects with 18 million square...