Dear WhatsUP

I am sorry but I did not get your calculations and the entire explanation. Did you mean to say that buy back at Rs 17 was done some time back when the FV was 6 and with the current price how come you are multiplying by 6 and getting that magic 4 figure ?

Please explain to me as I did not understand.

Thanks
Amol....

Dear dvksinghji

I dont knwo why its not doing good for now. I am a long term investor and this stock is under accumulation for me ... I mean keep it for next 3 years till 2011 and you will make wealth in this stock. I can\\`t saying or predict why this is not doing good in short term.

For me its a multi bagger for next 3 year at least and 5 year at most.
Keep adding when its at lows of 200 - 225... That does not mean it will not go below that ... below that level its a good buy...

Thanks
Amol. ...

Swan Mills net profit rises 3733.33% in the June 2008 quarter

Sales rise 73.65% to Rs 7.05 crore

Net profit of Swan Mills rose 3733.33% to Rs 6.90 crore in the quarter ended June 2008 as against Rs 0.18 crore during the previous quarter ended June 2007. Sales rose 73.65% to Rs 7.05 crore in the quarter ended June 2008 as against Rs 4.06 crore during the previous quarter ended June 2007

...

Amol: in Feb 2002, godrej industries had come out with a buyback offer at Rs 18 per share ================================== Therefore with a view to provide an exit opportunity to the shareholders, the Board of Directors of the company is contemplating the purchase of shares from the shareholders. The salient features of the scheme as under: 1. The Company shall purchase its equity shares, on a date fixed by the Board following the record date, representing not more than 40% of its paid-up equity capital ie 2,46,88,014 equity shares of Rs 6 each 2. The consideration for the purchase to be discharged through cash @ Rs 18 per equity share 3. The purchase price represents a 38% premium to the past six months average market price 4. The share so purchased shall be cancelled 5. The scheme would be subject to approval of the requisite majority of the shareholders,creditors and Bombay High Court 6. If on implementation of the scheme, the public holding reduces to less than 10%, the company's shares would be delisted. ================================== Right now Bhuruka Gases has also come out with a buyback of shares (the price has not yet been decided) and what I was trying to say was that the buyback price is always done when there is a lot of potential for growth.. In case of bhuruka gases it has 8-12 Acres of land in bangalore Whitefield road, mahadevapura post. Promoters did a 75% reduction in equity, invested 10Cr after the 75% reduction in equity and now are planning to buyback the stock from the market..I estimate the minimum buyback price to be close to 80-88 levels right now the market price is Rs 35 and current market cap is 49.2CR the company land worth is about 69Cr and bhoruka gases plant is worth minimum 41Cr Plot map: URL: htt p:/ /ww w .wikimapia. org /1112034/Bhuruka-Gases-Ltd Yes godrej industries had a lot of value at Rs 18 and now as you can see it was not worth selling back to the promoters.. at Rs 18/= You can consider investing in bhuruka gases.. just from the net worth and the buyback opportunity.. =happy investing...

Dear Mr Amol, Amruntanjan story is over and they have also paid 40.00 to every share. Current factory location in heart of chennai- they have some difficulties since some political parties are working on to call as NATIONAL MONUMENT since Gandhiji visited. Other wise, the management is very good and highly philanthropic. Ruby MIlls- waiting for 600.00 to enter and Shree ram Urban and Phoenix - a real value for money at current price- Grauer & Weil- thanks for info- i will explore- One hidden horse - FGP- will be glad if you can just check and share your views on this counter (fibreglass pilkington)a real multinational with no support now and no operations. Bayer crop science- showing all the tricks without any concrete moves since their tenant is not moving out. May be (i imagine) land will be taken over by BASF who are under the buy back category. After that they will do their work. Cheers WELCOME YOUR VIEWS ON HINDOOSTAN SPINNING ...

Dear amol, your depth of knowledge & reasoning to me seems to be very good ,could you get some reason /cause why the price is continuing to fall & investors distrust in it or maybe ignorance of it.To me it seems to be excellent stock to dive into...

Dear Amol thanks for the reply , I foolishly missed out the second part of the message , just read it now , thanks for the guidance .Will pass on anything useful that I pick up ,India bulls had passed a message as rocket stock Gulf oil , it turned out to be a real loser ,I lost lot of money on belief , since than I am careful-- regards --dvksingh...

Hi, I am facing the same problem. Earlier Silverline Animation was reflecting in my portfolio, now it just disappeared. Please guide on what should be the forwardings. Regards, Jagrit...