A news peice on 3G launch at BSNl chennai . the rates and features should make the game celar for telecom sector from jan onwards . sd3.. ______________________________________________________________________________________ BSNL Chennai Telephones recorded a first of sorts for South India yesterday with the commercial launch of 3G mobile services. Touted to be the next generation in mobile technology, 3G services will enable you to access Internet on the move with a speed of upto 3.6 Mbps and allow you to do video calling, watch mobile TV and other media rich applications. In a press conference, Mr A. Subramanian, Chief General Manager, Chennai Telephones told “In about two months, we expect to add another 250 Node B stations to the existing network of about 300 units to provide seamless 3G connectivity across Chennai and adjoining districts”. Various Demos like Streaming a Youtube without buffering, watching live television on the device effortlessly and a remote video monitoring feature, where video footage from a camera plugged to a broadband facility in South Korea streamed effortlessly on a 3G-supported mobile handset, were done at the event which showcased the true potential of 3G technology. In this scheme, all the local voice calls and video calls are going to cost 30 paise/min and all the STD video calls will be 50 paise/min. Data usage charges are currently planned at 1 ps/10 kb but there is a possibility that the rates may decrease in due time. With its first year introductory offer of tariffs comparatively much lower than 2G call charges, Chennai Telephones hopes to gain 1.5 lakh users over the next couple of months. BSNL officials added that the mobile TV application offered under a tie-up with a content provider currently showcases 24 channels and would be increased with user demand. Chennai Telephones have also tweaked its 3G infrastructure to enable 2G users who migrate to a 3G connection to retain the same existing number with no migration charges. But, there are no plans to bundle 3G handsets in the introductory offer. The 3G data cards which offer high speed Mobile Internet access for computer users on the move were also launched in this event. ...

why there is a negative cash in \\\\...

Dear Sir, This is to share a piece of info....a few days back Zee Business reco PSL. They come up with two scrips everyday as future MALAMAAL Picks. PSL was one of them. Regards, Raja Bahadur....

Thanks mitz! Guess I do get lucky once in a while....

i do trading, my instinct said it shud go up so bought yesterday only @148 sold at 154, technicals tell alot, but one bad thng is when correction comes, traders suffer alot.... anyway it still has some steam in it, u cn follow relative strength index if u wish.......

Indus Network , Saarcnet ( changed hands) , Saroh Infotech ( dumped the investors) - these are to name a few. But their story started with Charminar Granites where you can enquire with any of the Hyderabad based brokers . The only positive script from the group is Bartronics . Good luck...

Looks like your only agenda is to link any good news related to Towers with Sujana towers. The news is of no use to Sujana Investors, Instead why dont you throw some light on the proposed issue price or why today`s placement to Mumbai party is done at a discount to the market price . If you are from Hyderabad , you will know how many companies the promotor has started , got listed ,operated and later dumped. You might have made some money by entering at lower price , but what about the investors who have bought above Rs 100/- and seen the script going down below Rs 10/- ....

Your call on Maral Overseas was fantastic. Hope I had bought the same :-((...

Below i have pasted a report on PSL that came out yesterday. The whole report can be viewed on the moneycontrol website.

The demand outlook for Pipes is forcasted to be so huge that it will take many years for all companies put together to even meet the projected demand in the next two years that will emanate from the US. In view of that i consider the target as laid out by SKP Research for PSL Ltd as very very conservative.

SKP Research has recommended to buy PSL with a target price of Rs 197 in its report dated November 16, 2009.

"PSL Ltd (PSL) is one of the largest HSAW pipe manufacturer with the installed capacity of 1.475 MTPA of pipes. The company have 13 HSAW pipe mills, 11 of which are located in five locations geographically spread throughout India and one each at UAE and USA.

PSL also provide pipe coating and other ancillary products and services related to pipe industry. About 98% of the revenues of the company are derived from domestic market. At the current market price of Rs 147, the stock is trading at a P/E of 5.4x, 4.8x and 4.1x of FY10E FY11E and FY12E earnings of Rs 27.3 Rs 30.4 and Rs 35.9 respectively.

We recommend BUY rating on the stock with a target price of Rs 197/- (34% upside) in 18 months implying a P/E multiple of 5.5x of FY12E earnings, "says SKP Research report.

...

Dear bedboy,

Your view to rajkishore this morning that today PSL being better off than GMDC was spot on as PSL rallied by more than 5%. What made you come to that conclusion ??

Also assuming you own PSL what is your entry price and what targets have you assigned to it ??

Tnx in advance....

Om Metal and Infra which has a near monopoly in its business is set to grow phenominally over the next two to three years. I wont be surprised if it goes past its 2008 year high Rs 110 by 2010 end.

Pasting a part of the Buy report on Om Metal. To read the entire report just google it.

Sunidhi Securities & Finance has recommended a buy rating on OM Metals Infraprojects in its September 8, 2009 research report.

"We expect OMIL’s revenue and profits to grow at CAGR of 37% & 23% respectively, between FY09-FY11F. We have not considered any revenue from the potential projects in real estate and infrastructure segment. Given the robust macro outlook, strong order book, market leadership, stringent entry barriers, impressive margins, net debt free balance sheet, strong project execution ability and much cheaper valuations;

we initiate `BUY` recommendation on the stock," says Sunidhi Securities & Finance`s research report.

...

My only Agenda my dear friend is to write on the messageboard any news that i find is good for the tower sector as a whole. And since I own sujana twrs it is but obvious that i associate it with sujana.

Rest investors are smart enough to decide whether a) the news is true and b) whether it is beneficial for sujana twrs or not.

The share was given to promoters and other investors at the price of Rs 36 when the price of sujana twrs was around 34-38. So where is the discount.

Sujana has only rallied in the meantime to 54 because the market probably is aware that when promoters have increased their stake so much then there might be good news in the years to come.

And which big company group does not have multitude of companies. They all do. But as far as my knowledge goes I havent seen a single co of the sujana group getting delisted from either bse or nse. If you are aware kindly throw some light on it so that small investors like me can also benefit.

And lastly if your purchase price was above 100 then i think you should have shown conviction and averaged it when it went down below 10.

No doubt that i have bought sujana at a very low price but the fact still remains that I continue to be invested for the long term as i strongly believe that the Best for Sujana Towers is yet to come.







...

Now its the RUIAS`s of Essar who have ventured into africa. Sujana Twrs was the first to identify Africa as a destination for future growth and have thus the first mover advantage.
They will get tremendous business from these indian compaies to set up towers as it already cooperates with them for their indian operations.

BELOW IS THE REPORT IN ET TODAY

The Ruia family-owned Essar Group on Sunday announced that they had clinched a deal with the Dhabi Group to buy a controlling stake in the UAE firm’s African telecom assets.

The Dhabi Group’s telecom operations in Africa are routed through Warid Telecom and their assets in that continent, include operations in Uganda and Congo.

ET has first reported in its edition on November 13 (Friday) that the Essar and Dhabi group had sealed the deal to buyout the latter’s African assets, while also adding that Warid’s operations in Uganda and Congo were valued at about $350 million.

“The Essar Group has committed growth capital to both telecom operations to facilitate network expansion and marketing. Upon completion, the Essar Group will acquire a majority stake in both the assets.

The deal with Warid will serve to boost the Essar Group’s telecom portfolio of disparate telecom assets scattered around the world, giving it a firmer foothold in booming African markets.

Teledensity, or the number of phones per 100 people, in Uganda is only about 30%, while in Congo it’s around 20%.

...

bhusbhac What type of directors RIL have?On 10th LATE NIGHT(emphasis mine)RIL send them detail and in sleep they study and accept it on 11th.Have they applied their mind while sleeping or whole night they studied while having some pegs of blue lable johniwalker?...

Dear Ritesh,
If you are so frustrated holdig PSL then no one is stopping you from selling it. It is not even a penny stock that gets locked at lower circuit that you are unable to exit. Right ???

Secondly if you consider yourself as an amatuer i am fine with it but i do not give you the rights to include me in that category.

Infact it is the most amatueristic thing to look at a stock on a daily basis and see if it has gone 10% up or not.

Infact I consider myself lucky that PSL has given me so much of opportunity both in terms of price and time to accumulate so much. It is rarely that such good stocks give you so much time to research and buy.

No doubt welspun guj and jindal saw are good and if you like them so much u are better off buying them instead of PSL. Whether or not PSL outperforms them in the long run, well that only time will tell.

By talking bout the fall from 540 to 70 levels in one year you have disclosed another amatueristic trait in you. This was the time when almost every stock fell like a pack of cards. Infact PSL was better off falling to 10% of its value compared to some stocks that fell even to 3% of their value.

And lastly if you say that we are fools to talk of the long term as we are stuck at higher levels and wealth creation is very easy to preach but difficult to practise, then let me give u a list of my earlier buy calls which can even be rechecked on my profile in MMB

1) Madhucon pro @ 42-50 (now 280)
2) Sujana twrs @10 (now 55)
3) Om emtal n infra @ 6 (now 29)
4) HEG @ 100 (now 250)
5) HCC @30 (now 140)
6) Ennore coke @17 (now 42)
and many more.

BTW my cost of PSL is 130 only so neither am i at a loss nor do i intend to sell it to any one at this price. And if given more opportunity in terms of price and time I will continue adding more and more....

Dear Malayali

Waited for the whole day to read this BS. U have failed miserably about this solar and lunar theory in the past too and u still want to pursue it. GOSH . Some people never learn frm their mistakes.

...

An Article in ET which will lead to a flare up in pipeline stocks in the next one month. Expect Huge orders of Pipes to be given out next year.

NEW DELHI: The government may soon strengthen the downstream regulator in the oil & gas sector by making ‘suitable’ amendments in the provisions
of the existing Petroleum & Natural Gas Regulatory Board (PNGRB) Act, 2006. The changes would empower the board to issue licences for retailing of CNG and piped gas in cities.

“The existing Act is likely to be amended in the winter session of Parliament to further empower the downstream regulator. The amendment will address notification of Section 16 and some other issues,” petroleum secretary RS Pandey told ET.

Section 16 of the Act empowers the board to authorise a company to lay and operate natural gas pipelines and city gas projects. Mr Pandey, however, declined to elaborate on specific changes.

Speaking about the delay in notifying Section 16 of PNGRB Act, he said the provision could not be implemented in its present form as per suggestions made by government’s legal officials. “This amendment of Section 16 will be to empower the board,” he said.

He also said that government may soon announce setting up of a national gas highways authority, which will help in “promoting” laying of natural gas pipelines in the country. The authority will, however, not be a statutory body and it will restrict itself in augmenting pipeline construction in the country, he said.

“The authority will issue tenders for laying pipelines,” he said. Pipeline infrastructure will be constructed by both public-private-participation (PPP) model as well as through public funding. In the case of 100% public funding, the government may award the contract to state-owned GAIL India.

He said there will not be any overlap between powers of PNGRB and the proposed authority. “While PNGRB will remain the regulator, function of the proposed authority will be to promote creation of pipeline infrastructure on the line of the NHAI,” he said.

The government is also not in favour of giving any statutory powers to upstream regulator Directorate General of Hydrocarbon (DGH). “DGH so far has been acting as the technical advisor to the government on matters of oil exploration and production. The government has ensured level playing field for the upstream sector and there is feeling that unnecessary regulation is not required,” said Mr Pandey. ...

Dear BSR,
Just a few days back when nifty was scaling 5200 people were searching for u with a torch light. LOL . U had disappeared from the face of MMB without a trace.

Now that the nifty has corrected just a little bit u r screaming Bear Market Bear Market at the top of your voice.

This is just a temporary faze . Keep your seat belt fastened U might start feeling dizzy at the New Highs that Nifty will make in 2010.

Or better still stay stuck in ur Alibagh Garden and watch flowers bloom on the other side of the fence. LOL...

What is bonus?It is like two similar size chocollet one is divided in 8 portion while other is in 4 portion.The kid who got first think he gor double qntity but in fact he got same quantity.Similarly kids in share market thinks by getting bonus they wl hv double q but they 4get that valuewise they r left with same.So papa M has made such share kids happywithout gicing anything valuewise....