SumanSpeaks: The Information Super Highway

Key oil figures were distorted by US pressure, says whistleblower Exclusive: Watchdog's estimates of reserves inflated says top official The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplay ing a looming shortage for fear of triggering panic buying. The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves. The allegations raise serious questions about the accuracy of the organisation's latest World Energy Outlook on oil demand and supply to be published tomorrow – which is used by the British and many other governments to help guide their wider energy and climate change policies. 'There's suspicion the IEA has been influenced by the US' Link to this audioIn particular they question...

What was sent in the Sunday Report to the Paid Groups on XL Telecom and Energy Ltd: Those who are holding XL Telecom and Energy Ltd can average at the current price, as the company seems to be recovering from the global slowdown. It is..........new rules in Spain. However, the company is looking at opportunities in other parts of Europe and we could soon hear about a large order [AND YESTERDAY IT SAID IT WON A HUGE ORDER of Rs. 235 millions for supply of Solar Photovoltaic Power Systems to Bharat Sand Nigam Limited or BSNL]. Moreover, its mega project is expected to be completed any time from now and hence what I feel is that bad days are over for the company. Those who ........should keep averaging so that the average price comes around Rs.XXX which seems to be the safe price for the scrip. The company though came out with loss in Q2FY10, but the results were much better speaking sequentially. Please do not go by what some peoples are saying about this company—they have no idea what...

WINNING STROKES: THINK DIFFERENT: Look at the large ear rings of our very own Mitali Mukherjee (the television anchor); Rumours has it that she collected them from a "Ring Master" of a Circus Company, who used them for "Tiger Jumps" (Tigers used to jump through these "Rings of fire" according to market rumours, before they started decorating her ears...lol...) Morning Call to the Paid Groups, Classic Diamonds Ltd (BSE Code: 523200) hit the buyer freeze on the news of the buoyancy in the Diamond Jewelery market. Sanguine Media Ltd is consolidating at the current price and is clocking good volumes before major upmove. It was earlier mentioned that the company would start getting payments from this week for their work on 2 (two) Television Serials for Gemini TV (a division of reputed Sun TV Ltd). It is also expected to sign a contract with Godrej Ltd for its event management space. Hence please do not invest in the company looking at last quarter results, ...

Some thoughts on Pyramid Saimira Theatres Ltd (Excepts of my morning mail to the Paid Groups) Dear Suman ji, Please tell me about PSTL as there is some bad news.I had purchased 350 shares on Monday. Should I average it out? Should i wait & watch? Vikas Gupta, Rohtak (Haryana), India. Vikash, A very good morning and thanks for the query. Yes you are right, there are some news regarding Pyramid Saimira Theatres Ltd (PSTL), which is more related to share trading by some entities rather than the fundamentals of the company. Now let us see what is the news which appeared in a section of media today: Pyramid Saimira banned from trading MUMBAI: The Securities and Exchange Board of India (SEBI) on Tuesday banned Pyramid Saimira Theatre Ltd. (PSTL) from dealing in stock markets for seven years after it found that the company colluded with seven persons to corner the portion reserved for employees in its initial public offer in 2006. However, the company, when contacted, said...

WINNING STROKES: THINK DIFFERENT: "Bhailogo ko apun ka salaam!!" "Neeche hai, apun ka market wali kahani..bole toh aajkal market kaafi tej hai, lagta ki, iske peech bulls ka chase hai" "To bhai log, abhi apun ko kya karna mangta...??!!" XL Telecom and Energy Ltd hit the buyer freeze. The Paid Members were asked to accumulate scrip on last Friday. But what is the real reason for sudden optimism in the counter? I have written something on the Sunday Report sent to the Paid Groups. The Quickie Call (Very short term Paid Call for the Quickie Groups), Amar Remidies Ltd almost reached the target on the first day itself....as the scrip touched Rs.42.20 today. The stock was recommended as a very short term call at Rs.37.95 today. But is it an investment grade scrip? What should the punters do now? H...old or exit? These things are mentioned in the report sent..... The last minute shovelling of shares of Sanguine Media Services Ltd by the battered bulls, saw it clo...

WINNING STROKES: THINK DIFFERENT: ITL Industries Ltd recommended in this week, as the Pick of the Week touched Rs.34 today. It came out with superb set of numbers for the Q2FY10. There is a report on the company at www.sumanspeaks.blogspot.com . My recommended BAG Films Ltd hit the 2nd consecutive buyer freeze, after the stock fell from grace some days back. It is to be noted that Congress MP, Mr.Rajib Shukla holds substantial stake in the company. Energy Development Company Ltd which came out with good numbers for Q2FY10, touched Rs.57.45 before cooling down a bit. The company is doing a number of hydro-electric projects in India and in Arunachal Pradesh alone it is doing more than 200 Mw projects. The stock is expected to cross Rs.100, in the next 2-3 months time frame. Its Q3 results will be further good, due to some expected positive developments. For more on the company please visit: http://www.edclgroup.com/ . Gallant Metal Ltd, recommended to the Paid Groups today, touched ...

WINNING STROKE: THINK DIFFERENT: Pick of the week for this week, ITL Industries Ltd (BSE Code: 522183) hit the upper freeze, before closing a tad below at Rs.32.05. The research report on the scrip would soon be placed at: www.sumanspeaksplus.blogspot.com . SEL Manufacturing Company Ltd, Northgate Technologies Ltd, Energy Development Company Ltd, etc, all came out with better than expected results for Q2FY10, at least speaking sequentially. Today fall was mentioned in the morning mail about the impending fall as, "One should however note that fall in stock prices are like avalanche – nothing can stand for long in their way. Investors are advised......." Key benchmark indices extended losses for sixth straight session of trade as sell-off gripped index pivotals in late trade. The barometer index BSE Sensex dropped to its lowest level in more than two months. Index heavyweight Reliance Industries (RIL) slumped over 6% on reports the Comptroller and Auditor General (CAG) has se...

WOW!! China's manufacturing sector grew in October at its fastest rate in 18 months, a survey has suggested: Meanwhile, Energy Developments Company Ltd, XL Telecom and Energy Ltd and Northgate Technologies Ltd came out with SUPERB Sequential Results for Q2FY10. My sources have given me correct information on these matters... Meanwhile, what is the latest on Sanguine Media Services Ltd.... The purchasing managers index (PMI) from the state-sanctioned China Federation of Logistics and Purchasing rose to 55.2 from 54.3 in September. The survey is a further sign of the strength of the recovery in the Chinese economy, which grew at an annual rate of 8.9% between July and September. Many major economies are only just starting to grow after l ong recessions. Any figure above 50 in the survey indicates growth in the manufacturing sector. October is the eighth month in a row that the sector has expanded, after six months of decline. Government support: "These figures show that China...

Kotak Predicts Revival in a year: Samsung Electronics Co. said third-quarter net profit tripled to a record amid increased sales of flat screen TVs and mobile phones and higher prices for computer memory chips. The Crude are now moving towards $82 per barrel mark once again. Oil prices hovered above $80 a barrel Friday in Asia after the U.S. economy snapped four straight quarters of contraction, suggesting demand for crude will improve. With the US economy coming out of recession, there should be no looking back for the bulls--a strong rally in the global and domestic markets is in the offing. I had earlier mentioned of an winter rally rally starting from 1st or 2nd Week of November, 2009. Yesterday, the US Commerce Department, said the U.S. economy grew at a 3.5 percent annual pace in the third quarter, the best showing in two years and breaking four straight quarters of declines. This should be the music to all those who have bought shares in the last few days...Just Enjoy!! To...

Winning Strokes: Think Different: Sensex pares losses; Bharti, RIL, Tata Motors up. Correction which started merely on some apprehensions after the RBI's credit policy, seems to be over as of now, as the market is preparing for a winter rally to begin soon or at most from 1st-2nd week of November, 2009. There is good news in the Real Estate and Bankng sector as well: RBI's provisioning hike may not up loan rates for realty companies much. Based on this premise, in the morning investors were asked to buy Dena Bank Ltd. Later Buy calls were given in case of Rolta Ltd, Northgate Technologies Ltd, Sanguine Media Services Ltd, etc. The bears will starts to vanish as soon as the Nifty starts trading above 4920--4930 ranges. The crude oil is all set to cross $92 barrels within a very short time as the dollar cannot remain strong with this condition of the US economy. It is to be noted that commodity prices have inverse co-relation with dollar index. Also the fact that SAT has nailed t...