Astronomical Pricing of 700 MHz auction to help Ambani brothers...?

The result of Telecom auction failure is a disaster of an exercise that had the potential to give a new leap to high speed internet at affordable prices.

KNDA government's greed and plundering attitude destroyed the opportunity.

However, I am of the view that spectrum pricing of 700 MHz category in the recent auction might have been done to help Ambani brothers, because RCom has enough of 800 MHz spectrum (probably highest among all telecom players in India) which is comparable with 700 MHz.

It is pertinent to mention here that virtually RCom and RJio is now a single company --- RJio can use RCom's 800 MHz spectrum for its 3G and 4G services, across the length and breadth of India.

Therefore, no telecom company bidding for 700 MHz (or getting it and losing money for infrastructure spend) is positive (advantageous) for both RCOM and RJio in their present day avatars.

Do you know..?

Jai Corp Ltd (Rs.72.95) made a high of Rs.1,282 on January 10, 2008.....while RCom (Rs.47.30) had made a high of Rs.800 plus in 2008.

However, both the companies now have expanded their businesses few fold from that avatar to the present state.

While in between Jai Corp Ltd has started venture capital fund and they are developing Rewas Port near Mumbai having a draft of about 14.5 meter with 10 berth for which again 2,000 acre of the inter-tidal land has already been given by the maritime board to the company and that port is expected to go on steam may be by the end of this year.

RCOM has done one of the biggest handshakes in the telecom sector, virtually merged with RJio (which has very strong Financial Muscle) and is to sell its Tower business by the end of this week.

So lot is there on the plate for patient investors.

It is pertinent to mention here that Jai Corp Ltd, incorporated in 1985, has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.

On the other hand in case of RCom, the merged company's subscribers will have access to nationwide gold standard' 4G LTE services on the sub-1 GHz band, under RCom's existing nation-wide spectrum sharing/ ICR arrangements with Reliance Jio Infocomm.

The combined 2G, 3G and 4G networks position the merged entity for further strategic collaborations, and provide the entity the unique capability to offer a robust platform of services across all customer segments in all 22 telecom circles, including the mass market, leading to a superior customer experience at an affordable price point, and bringing the Internet to All.

Winning Strokes: Think Different

Gitanjali Gems Ltd (Rs.87.95) recommended repeatedly in this blog, made a 52 -- week high of Rs.91.40 today in the BSE. The stock touched my targets of Rs.62 and Rs.75. The investors can book some profits.

Adani Enterprises Ltd (Rs.69.20) recommended in this blog from around Rs.66, today made a high of Rs.70.35. Unless Rs.67, is broken on the downside, this is a hold now.

Shrenuj & Co Ltd hit the upper circuit today in both the exchanges. However, unless it crosses Rs.2.70, with good volumes, these rallies should be used as exit opportunities.

Jai Corp Ltd (Rs.72.95), an Anand Jain company, the half brother of Mukhesh Ambani was recommended today for targets of Rs.81-86-91. Mukesh Ambani's company Reliance Jio Infocom Ltd is in the news these days; the positive effects could spill on to the share of Jai Corp Ltd; apart from other bullish factors.

According to a report publiahed in Business Standard, Mukhesh Ambani, an investor in the Navi Mumbai SEZ project in his personal capacity, is evaluating offers from a few investors seeking to develop it as an industrial park. The Maharashtra government has already allowed a part of the SEZ to be converted into an industrial area and the valuation exercise for the SEZ, spread across 2,140 hectares in Navi Mumbai, is underway.

It is pertinent to mention here that, the SEZ’s promoter, Jai Corp (owned by Ambani’s close confidant Anand Jain),  earlier blamed the global financial crisis and the withdrawal of fiscal incentives by the Centre for the project turning unviable.

Ambani and Jai Corp had also planned to set up another SEZ, Mahamumbai, in Raigarh district. But the project faced stiff resistance from locals, who agitated against land acquisition by the state government. For the project, land was acquired in Uran, Pen and Panvel. So far, only 4,600 acres have been acquired.

In its annual report for 2014-15, Jai Corp said the new land acquisition Act, notified in January 2014, made it difficult to buy land in contiguity, vital for an SEZ. But the land can be used for other projects, if the Maharashtra government allows to do the same.

There were media reports today, that Reliance Communication'sCommunication's Ltd (Rs.47.30) tower sell can happen next week. The investors are suggested to continue accumulating the scrip on all declines. This could be another Gitanjali Gems Ltd -- Just you need to have patience.

Winning Strokes: Think Different

Gitanjali Gems Ltd recommended repeatedly in this blog, made a 52 -- week high of Rs.91.40 today in the BSE. The stock touched my targets of Rs.62 and Rs.75. The investors can book some profits.

Adani Enterprises Ltd (Rs.69.20) recommended in this blog from around Rs.66, today made a high of Rs.70.35. Unless Rs.67, is broken on the downside, this is a hold now.

Shrenuj & Co Ltd hit the upper circuit today in both the exchanges. However, unless it crosses Rs.2.70, with good volumes, these rallies should be used as exit opportunities.

Jai Corp Ltd an Anand Jain company, the half brother of Mukhesh Ambani was recommended today for targets of Rs.81-86-91. Mukesh Ambani's company Reliance Jio Infocom Ltd is in the news these days; the positive effects could spill on to the share of Jai Corp Ltd; apart from other bullish factors.

There were media reports today, that Reliance Communication'sCommunication's Ltd (Rs.47.30) tower sell can happen next week. The investors are suggested to continue accumulating the scrip on all declines. This could be another Gitanjali Gems Ltd -- Just you need to have patience.

Winning Strokes: Think Different

Gitanjali Gems Ltd recommended repeatedly in this blog, made a 52 -- week high of Rs.91.40 today in the BSE. The stock touched my targets of Rs.62 and Rs.75. The investors can book some profits.

Adani Enterprises Ltd (Rs.69.20) recommended in this blog from around Rs.66, today made a high of Rs.70.35. Unless Rs.67, is broken on the downside, this is a hold now.

Shrenuj & Co Ltd hit the upper circuit today in both the exchanges. However, unless it crosses Rs.2.70, with good volumes, these rallies should be used as exit opportunities.

Jai Corp Ltd an Anand Jain company, the half brother of Mukhesh Ambani was recommended today for targets of Rs.81-86-91. Mukesh Ambani's company Reliance Jio Infocom Ltd is in the news these days; the positive effects could spill on to the share of Jai Corp Ltd; apart from other bullish factors.

There were media reports today, that Reliance Communication'sCommunication's Ltd (Rs.47.30) tower sell can happen next week. The investors are suggested to continue accumulating the scrip on all declines. This could be another Gitanjali Gems Ltd -- Just you need to have patience.

Winning Strokes: Think Different

Gitanjali Gems Ltd recommended repeatedly in this blog, made a 52 -- week high of Rs.91.40 today in the BSE. The stock touched my targets of Rs.62 and Rs.75. The investors can book some profits.

Adani Enterprises Ltd (Rs.69.20) recommended in this blog from around Rs.66, today made a high of Rs.70.35. Unless Rs.67, is broken on the downside, this is a hold now.

Shrenuj & Co Ltd hit the upper circuit today in both the exchanges. However, unless it crosses Rs.2.70, with good volumes, these rallies should be used as exit opportunities.

Jai Corp Ltd an Anand Jain company, the half brother of Mukhesh Ambani was recommended today for targets of Rs.81-86-91. Mukesh Ambani's company Reliance Jio Infocom Ltd is in the news these days; the positive effects could spill on to the share of Jai Corp Ltd; apart from other bullish factors.

There were media reports today, that Reliance Communication'sCommunication's Ltd (Rs.47.30) tower sell can happen next week. The investors are suggested to continue accumulating the scrip on all declines. This could be another Gitanjali Gems Ltd -- Just you need to have patience.

Today's Call

1. Buy JSW Energy Ltd at Rs.73.90, T: Rs.84, SL: Rs.71.

2. Buy Reliance Communications Ltd at Rs.47.90, T: Rs.55, SL: Rs.46.70. The company has copious spectrum in the 800 MHz category, which is comparable with 700 MHz category.Since no bids were received for 700 MHz, 900 Mhz bands and hence those who are having could have lot of advantages; especially when 3G penetration is still very low in India ( Chance of growth is very in this space).

Four years after the launch of 3G services, there are just about 120 million 3G subscribers, barely 10 per cent of the total mobile user-base.

Even here, the quality of access leaves much to be desired with the average connection speed the lowest in the Asia-Pacific region.

Therefore, I feel in future the Centre and TRAI will keep this reality in mind while fixing the reserve price for upcoming auctions. So, in the coming days, the spectrum price in 700 MHz can come down substantially.

Also, contrary to expectations, the telecos like RCom -- RJio did not Invest too much in the spectrum buying. This give them ample room to spend on their infrastructure development.

4. Continue accumulating Adani Enterprises Ltd (Rs.68.25). The coal prices have started to Soar -- positive for the company.

5. Buy Jai Corp Ltd at Rs.73, T: Rs.75, SL: Rs.71.60.There were earlier media reports that environment and forest ministry has cleared the Navi Mumbai Airport.

Today's Calls

1. Buy Adani Enterprises Ltd at Rs.66.70, T: Rs.85, SL: Rs.66.

2. Add Reliance Communications Ltd at Rs.46.20, as a sharp rally post spectrum auction is on the anvil.

3. Hope you have Booked - out complete profit from MBL Infrastructure Ltd at Rs.117-119. The company has a pledged share issue disliked by market.

If you have few lakh rupees then do let me know, I have a scrip where money can be doubled in one year -- this will however be I investment and not trading.

Today's Call

1. Buy Lanco Infratech Ltd at Rs.4.20, for a

target of Rs.5.50. The company has taken a comprehensive plan to reduce its debts. A hold of couple of months can give you good returns as the company is likely to selling its power assets worth $1 billion. A consortium of lenders  earlier decided to take control of Lanco Infratech by converting a part of the cash-strapped company's debt for a 60 per cent equity stake...

2. MBL Infrastructure hit another buyer freeze today at Rs.13.75 in the BSE. You can book some profits, today or tomorrow.

Today's Call

Buy BHEL at Rs.146, T: Rs.150, SL: Rs.144. The management of  BHEL has given a very good outlook for the company.

Addressing shareholders at the 52nd annual general meeting of the company,Bharat Heavy Electricals' (Bhel) chairman & managing director, Atul Sobti, said that enhanced focus on project execution has resulted in Bhel creating history by way of commissioning/synchronizing an all-time high 15,059 megawatts (MW) of power generating equipment during the year. Despite intense competitive pressure in the power and capital goods markets during the year, Bhel achieved the highest order booking in the last five years, at Rs 43727 crore, a 42% leap over 2014-2015. The company ended the year with a total order book of Rs 110730 crore for execution in 2016-2017 and beyond.

Bharat Heavy Electricals (Bhel)'s net profit jumped 54.2% to Rs 77.77 crore on 29% growth in net sales to Rs 5522.76 crore in Q1 June 2016 over Q1 June 2015.

Winning Strokes: Think Different

Prajay Engineers Syndicate Ltd (Rs.10.80) recommended several times in this blog hit 20% upper circuit today. The real estate prices in Vijayawada is shooting over the roof and this is having positive effect in Hyderabad based real estate prices too.  The book value of the shares of the company is Rs.87.64. Where is the stock heading? To know this, join me at Whatsapp; only if you are either a Premium member or is trading through my recommended brokerage house.

Reliance Communications today clocked good delivery volumes. The scrip is consolidating at the CMP of Rs.48.40 before taking an upward leap; as RJio files application to buy the lucrative 700 MHz spectrum. RCom has a tie up with RJio regarding spectrum sharing on pan India basis. I am looking for a target of Rs.71-75, within a short time.

MBL infrastructure recommended here at around Rs.91.70 touched Rs.123. The Investors were suggested to book profit the day it came of the UC. The stock hit non stop UCs, after it was recommended here.

Gold prices have started to surge, as the US election date nears. Therefore, keep adding the share of Shrenuj & Co Ltd (Rs.2.15) on declines. Once Rs.2.55 is broken the stock should surge up.

Film Financier/s Required

I am looking for a partner for a Bollywood and a Bhojpuri Film, starring Rani Chatterjee, with an investment capacity of Rs.25-30 (Bhojpuri) lakhs to Rs.2 crores (Bollywood Hindi movie) in phases for the two films..

The director has around 25-30 years of experience in Hindi Film industry (Bollywood) and I will be one of the assistant directors and publicity head. So you don't have to worry much about the correct utilization of funds.

The interested candidates can send me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com.

Do You know?

Simplex Infrastructure got a contract from Mumbai Metro to build a portion from Andheri to Dahisar.

Now Simplex Projects Ltd (Rs.27) also has Raghav Das Mundra as one of the promoters, apart from Lata and Vallabh R Bhansali, the veteran investors. 

The promoters' holding has also increased marginally in June, 2016 quarter.

Today's Recommendations

1. Buy Simplex Projects Ltd at Rs.27.40, for short term targets of Rs.37-41.

2. You can continue to add the shares of Reliance Communications Ltd (Rs.50.70) on all declines.

3.You can book some profits in MBL Infrastructure, when it comes out of UC.

4. The diamond Jewelry sector is set to do well after the US elections. So, you can buy and hold Shrenuj & Co (Rs.2.15).

Today's Recommendations

1. Buy Simplex Projects Ltd sr Rs.27.40, for short term targets of Rs.37-41.

2. You can continue to add the shares of Reliance Communications Ltd (Rs.50.70) on all declines.

3.You can book some profits in MBL Infrastructure, when it comes out of UC.

4. The diamond Jewelry sector is set to do well after the US elections. So, you can buy and hold Shrenuj & Co (Rs.2.15).

Today's Recommendations

1. Buy Simplex Projects Ltd sr Rs.27.40, for short term targets of Rs.37-41.

2. You can continue to add the shares of Reliance Communications Ltd (Rs.50.70) on all declines.

3.You can book some profits in MBL Infrastructure, when it comes out of UC.

4. The diamond Jewelry sector is set to do well after the US elections. So, you can buy and hold Shrenuj & Co (Rs.2.15).

Today's Recommendations

1. Buy Simplex Projects Ltd sr Rs.27.40, for short term targets of Rs.37-41.

2. You can continue to add the shares of Reliance Communications Ltd (Rs.50.70) on all declines.

3.You can book some profits in MBL Infrastructure, when it comes out of UC.

Crore-pati Scheme

If anyone or a business group can invest around Rs.25-30 lakhs in Indian Share Market in select stocks, just as investment, then his portfolio can became Rs.1-2 crores using some recent technicians, in 3-4 years.

The recent trend in the market, gives us some indication that the next level of rally will come from the small and micro caps, where the growth potential is astronomical.

If any investors is interested then send me a mail at: suman2005s@rediffmail.com or sumanm2007s @gmail.com.

This will be  mainly investment based with very little trading. I will take 25% of profit at the end. The investor/s will hzve to sign court agreement for the same.

Crore-pati Scheme

If anyone or a business group can invest around Rs.25-30 lakhs in Indian Share Market in select stocks, just as investment, then his portfolio can became Rs.1-2 crores using some recent technicians, in 3-4 years.

If any investors is interested then send me a mail at: suman2005s@rediffmail.com or sumanm2007s @gmail.com.

This will be  mainly investment based with very little trading. I will take 25% of profit at the end. The investor/s will hzve to sign court agreement for the same.

Today's Call

1.Buy MBL infrastructure Ltd at Rs.91.75 - 92, for short term targets of Rs.115 --130.

2. Reduce your holding in Unitech Ltd if it closes below Rs.6.30. This is only, if you are a short term player. The long term investors can hold with a SL of Rs.5.60.

3. You can increase your holding in Reliance Communication Ltd at Rs.51.20, as most of the shares from ADA group are showing a good uptrend.

4. Rolta Ltd (Rs.65.50) needs to close above Rs.67, to begin the next round of upmove.