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Hi RajeshC
Nice to hear from you. I am right now in Texas on an assignment.
I have been waiting and watch on the sidelines for some time. At this time,I am researching the following
a)Shiv Vani
b)Godawari power
Will try to post my observations soon.
Commodity stocks(and related sectorial picks ) have been my favorites since i began investing.
These are "theories" that are driving my research right now.
World economy is on a rebound. The rupee will start hardening against the dollar (which by the way has been surprisingly resilient.)
The weakening of the dollar augurs well coz
a) This will lead to inflows into emerging markets
b) Additional investment into commodities - this is going to drive up commodity prices
c) The rise in commodity prices will lead to higher inflation and the RBI will step in with higher interest rates. This will again lead to additional inflows from low interest markets
What does all this mean ?
Commodity prices are going to rise and with this we are going to see related sectors and stocks moving up. This is a no brainer. What is challenging is to identify stocks which have not run up so far -This led me to my list.
...
Hi ks_desh!
You are welcome. I humbly hope to live up to your expectations....
hi revenge of the god,
where are you pal ? -- enjoyin rollin in your millions -- do come and post occsionally
from a follower
cheers...
Dear PRJ,
Thank you for your sincere guidance. I value your guidance very much....
To - Mr.prjayachandran
I have been a silent follower of yours for almost 3 months now and I see great maturity in your posts. I have seen many a selfish agenda here and thankfully, you are a different breed. I have seen the explosive performance of Shriram EPC (even though you feared that there will be a run, after Raja`s arrest) and I had missed the run. It looks too hi to enter now. I would like to build a mid/smallcap portfolio from scratch (my existing ones are PSL, Parekh Aluminex, Gug Alakali ( I am in loss in this share). Cairn is another one in my core PF. I am in no hurry for the money and looking for multibaggers recos from you. Thanks a ton...
hi ks_desh!
I think you have the choiciest of midcaps in your porfolio and I need to give you no guidance on which stocks to buy.
Maybe you can consider a textile stock (Century Enka), a automobile sector stock (Balkrishna Industries), a modern technology concept stock (Bartronics), share will explosive growth ahead (Electrosteel Castings), etc. etc.
Although I have many other picks, I think these many stocks can take care of your sales proceeds of Reliance....
Dear PRJ,
Thank you for your mature reply. Though Reliance ngroup companies form core of my portfolio, I am comfortable with Midcaps. I hold Shiv Vani Oil, Jindal SAW, Opto Circuits, ICSA, CAIRN iNDIA, BILCARE, FT,GE SHIPPING, MERCATOR, GREAT OFFSHORE, GMR,GVK, JP ASSO, JP HYDRO, MAN iND, Astra Micro, Voltamp, Satyam, Praj, Punj, HDIL, Patel Engg, etc.
I am flexible. Any scrip that can yield good profits without capital loss is good. Prepared to wait for long term. I have noted your passion for investments and I am your admirer. Your suggestions would be most valuable....
Reliance has been underperforming the index for quite some time now. Even in the next leg of the bull up move, due to its various litigations and high base, the company may not offer as much percentage appreciation that many mid/ small caps may be able to.
There are many questions to be answered before I suggest an alternative to you.
First, the fact that Reliance is there in your portfolio indicates that you could be a moderately conservative investor who prefers to have well known large cap companies in your portfolio. In fact, it is also an indicator of your level of comfort - you may prefer medium risk than high risk high gain shares.
Next is sectoral exposure. When you build up a portfolio, you allocate a rough percentage exposure sector wise as well. For example, if you already have a achieved target % of shares to cement sector and you want to buy another cement share, normally you would sell one of the existing shres or reduce exposure to one of them in order to include the new share and avoid over-exposure to cement sector.
Similarly, I don`t know your comfort level for taking risk or your sectoral exposures.
I am primarily into mid/small cap shares as they have a small base and give higher % of appreciation than large cap shares, if monitored well.
Let me get an idea of your preferences. Also tell me if you dont mind some mid cap recommendations from me....
even though the message is not addressed to me one can give alwayes give suggestion, which is as follows :in case of switch consider jindal steel and power. have your own reaserch before taking action . it is only sugestion and not binding upon any one...
Dear PRJ,
It has been very rewarding to track your messages. I want your specific guidance on RIL. I have 2800 shares @ 1200 odd. There is too much uncertainty and the stock continues to slide. Should I continue to hold or switch to any other equally good stocks ? In case of switch, what stocks you suggest? Waiting for your valuable guidance....
Spanco Ltd won the order for setting up the first State Data Center (SDC) in Orissa under National eGovernance Program (NeGP) instituted by the Department of Information Technology, Government of India.
The order value is about Rs. 30 crores (this is not too large considering that its annual turnover is nearly Rs.700 crores) and will be implemented over a period of 4 months. It won the order beating other large companies like TCS.
About Rs.1,110 crore is planned to be spent under National e-Governance plan and winning the first project may help the company win more of them.
The company`s prospects are looking up after its worst years and may be worth an investment....
Economic times broke the story today... Spanco has bagged a data center setup project from Urissa govt. financials are not published but the story says that such deals are large deals.. and this needs to be implemented in 4 months.. if this is true.. this should boost the 2010 year revenue and earnings drastically. I am hoping that this stock double... shoul we buy? any one any view on this?
...
BSE Announcements on Spanco
Posted by :
MMB MessengerSpanco Ltd has informed BSE that the Company has won the Orissa State Data Center (SDC) project. This is the first SDC order in the country and is the part of the core infrastructure under the National eGovernance Program (NeGP) instituted by the Department of Information Technology, Government of India. The order value is about INR 30 crores and will be implemented over a period of 4 months. ...
As I have always maintained.. this is a JEWEL.. it has given 300% return in last 6 months. still at half price of the book-value. just 6 PE.. I expect a robust growth in business due to expected increased by govt. debt profile has improved. Promoters has been accumulating.. a sure shor multigegger even from here. accumulate in bulk.
I have been accumulating this stock and celebrating!...
BSE Announcements on Spanco
Posted by : MMB MessengerSpanco Ltd has informed BSE that the 26th Annual General Meeting (AGM) of the Company was held on September 29, 2009....
