Stocks

Could Do WIth Help with Nalwa

Nalwa Sons Inv

Posted by : jashn24
Price when posted : BSE: Rs 1304.20 ( -3.16 % ), NSE: Rs. 1309.70 ( -2.66 % )

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Addressed to  nadhi

Dear Kalyanmitta,

Nalwa sons as you said , many places give many different interpretations. There are many many cross holdings and a proper valuation of it would need a lot of time to do so. we would be able to derive its intrinsi value, not that bit of a bother, but as nadhi very rightly pointed out , its price at present PE means most of the value got pried in as market got the news of consolidations to happen in the jingal group holding cos.
Another point to consider is that these holding cos stocks , they blast and go up by 80% or more after steep corrections , when bullish period starts..then for the rest of the time , stays flat..
so it may not be woth the effort spent , best thing is if you are holding some shares of it bought at lower prices , thats gr8, and if all those are free shares, nothing better. :)
But i have a download that has detailed the cross holdings and come out with a precise valuation, only thing it is 2005 data. But if you are interested i`ll forward the link for the same so you download and then edit the same and replace the 2005 equity shares of all the group holdings with the 2009 equity shares and arrive at the simple derived value.this way it`ll save u a lot of bother .
I am also trying to get some info on TCI finance, which holds 15% stake in gati, and has investments in amaravali infra projects, which is developing 221MW hydro power plants. Havent got exact info on the extent of its stake in the co, though at least 17% holding in it is confirmed, from info on geojit(dot)com/money control stok info pages-directors report pages. i believe it is more, as tci finance has stake in gati, and gati also i think, has stake in it.
More over, it has a growing, 2 year old subsidary IT co, that is into KPO - patents and legals mainly, and is developing well. At market cap of 21 Cr , and very few floating shares, its hugely undervalued.whenever there`s some news on the power projects completion, it should skyrocket( based on similar pattern seen in 2007 aug), as each MW cost valued at 5Cr.
It belongs to the TCI-Agarwal-Bhoruka group, so promoter reputation is very good.
If you guys have some info on it , would very much appreciate it..
...

In reply to:

Could Do WIth Help with Nalwa

Posted by : nadhi

Dear kalyanmitta,

Nalwa has a P/E of 23+. The P/E ratio is always different in many sites.

As far as ramsarup is concerned everything is good but for the price. LOL. Let the bears take charge and we may get a chance. Very very less chances though.

Regards

nadhi

Reliance plans aggressive exploration

Reliance

Posted by : tara23
Price when posted : BSE: Rs 2193.75 ( 0.81 % ), NSE: Rs. 2194.70 ( 0.80 % )

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i do not have worries at all, let them fight to the one another`s finish.. on MOMU..
thanks for ur opinion......

In reply to:

Reliance plans aggressive exploration

Posted by : bhusbhac

tara23 - Don`t worry! Nothing to worry but that is not the subject matter of the case. Assuming that RNRL gets favourable concession as in HHC again the following will always be on my mind.

1. As MDA and VC both brothers entered into a highly inconlcusive agreement. If I have to critisize Mukesh I wonder why he had to concede to the low price for such a long tenure.

2. Both brothers were parties to the PSC. Both had assumed that there was a tax holiday even in case of NTPC where BOTH had represented in the tender. This also was badly handled.

e. The MOU itself is inconclusive in many ways. Such open mindedness bears witness to the extent of the fight so that it could not be concluded in a better way.

The MOU itself is not being argued in its entirety and if it is held and argued and time bar period condoned then there will be more dirty linen being washed in public and you can expect some more outbursts from Anil.

The outburst have not come on record as yet in HSC and the way the matter is bwing argued it may become a subject matter too.

I have no objection to the word `cheat" however it is at this stage irrelevant to the case matter. No matter who wins or who loses there will be NO decision of who is a cheat or not.

I understand that your concern and meaning is as to WHO will decide about who is a cheat however my reply covers generally on the opinion of some on the board.

Somehow we need to get on to a different level altogether.

RIL selling 2,000 KL of fuel every day.

Reliance

Posted by : bhusbhac
Price when posted : BSE: Rs 2193.75 ( 0.81 % ), NSE: Rs. 2194.70 ( 0.80 % )

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pyaretaj - Now if the crude prices fall then retail adds to the bottomline and if GRMs go up then that is much bigger for RIL.

Anyway eventually the petrol bunks had to be activated to sell gas and to promote more and more automobile users to switchover to gas. The retail margin in gas will be tremendous.

Awaing the outcome of the HSC decision which will be anytime soon....

In reply to:

RIL selling 2,000 KL of fuel every day.

Posted by : pyaretaj

NEW DELHI: Mukesh Ambani-led Reliance Industries today said it is selling about 2,000 KL of petrol and diesel everyday from about two-thirds of its 1,432 petrol pumps.

RIL President, Refinery, P Raghavendran said the company was operating about 900 petrol station mostly in western and southern India where it can match the subsidised rates of public sector firms.

PSU retailers sell petrol and diesel at Rs 3-4 a litre lower than cost, making fuel retailing business unviable for private firms in most part of the country.

"We are selling where we can match PSU price," he said.

Overview

Sakthi Paper

Posted by : athina
Price when posted : BSE: Rs 15.81 ( 0.32 % )

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SSPML is engaged in the manufacturing of Kraft Paper and Duplex Board catering to both local and export markets.
It was incorporated in 1991 with an installed capacity to produce 15 tonnes of kraft paper per day. It slowly graduated
to manufacture of 70 TPD each of both kraft paper and Duplex Board at two of its plants in Cochin, in the State of
Kerala.
SSPML is one of the largest manufacturing outfit in South India. SSPML’s two manufacturing units namely Kraft
Paper Units situated at Development Area, Edayar, and Duplex Board Unit situated at Kanjirapilly, Chalakkudy. Both
the plants are well equipped with latest technology of Paper making and fully supported by infrastructures and other
utilities.
SSPML has expand its activities at Edayar by enhancing its capacity to 240 MT per day to meet
growing demand from its customers and to emerge as one of the bigger players in South India by March 2008...

Book profit and do`t enter in this stock

Kwality Dairy

Posted by : greatestmj
Price when posted : BSE: Rs 1295.95 ( 5.00 % )

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Do whatever! Hold as long as one wants! BUT, keep monitoring the stock. If anytime you see stock falling a lot. Like 20% fall...sell it out. Since you never know what will happen. And 20% fall isnt much, it goes up 20-30 every month since a long time :)...

In reply to:

Book profit and do`t enter in this stock

Posted by : pallavac

im of the opinion to wait till next diwali to get 2200+ levels
there is split also 10:1

Heading

Sesa Goa

Posted by : jagask
Price when posted : BSE: Rs 378.35 ( 0.95 % ), NSE: Rs. 377.95 ( 0.85 % )

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hai many reports say there is a fraud in the company is it true kindly advise is it ok to buy at this rate...

Heading

SBI

Posted by : rajeabc
Price when posted : BSE: Rs 2322.85 ( 0.79 % ), NSE: Rs. 2322.10 ( 0.72 % )

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for long term buy around 2100 when correction happen. for short term clear trend would appear only if it crosses 2400 so buy above 2400....

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Heading

Posted by : Arya_Arora

Should I buy SBI right now?

RIL selling 2,000 KL of fuel every day.

Reliance

Posted by : pyaretaj
Price when posted : BSE: Rs 2193.75 ( 0.81 % ), NSE: Rs. 2194.70 ( 0.80 % )

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NEW DELHI: Mukesh Ambani-led Reliance Industries today said it is selling about 2,000 KL of petrol and diesel everyday from about two-thirds of its 1,432 petrol pumps.

RIL President, Refinery, P Raghavendran said the company was operating about 900 petrol station mostly in western and southern India where it can match the subsidised rates of public sector firms.

PSU retailers sell petrol and diesel at Rs 3-4 a litre lower than cost, making fuel retailing business unviable for private firms in most part of the country.

"We are selling where we can match PSU price," he said.
...

Reliance plans aggressive exploration

Reliance

Posted by : bhusbhac
Price when posted : BSE: Rs 2193.75 ( 0.81 % ), NSE: Rs. 2194.70 ( 0.80 % )

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tara23 - Don`t worry! Nothing to worry but that is not the subject matter of the case. Assuming that RNRL gets favourable concession as in HHC again the following will always be on my mind.

1. As MDA and VC both brothers entered into a highly inconlcusive agreement. If I have to critisize Mukesh I wonder why he had to concede to the low price for such a long tenure.

2. Both brothers were parties to the PSC. Both had assumed that there was a tax holiday even in case of NTPC where BOTH had represented in the tender. This also was badly handled.

e. The MOU itself is inconclusive in many ways. Such open mindedness bears witness to the extent of the fight so that it could not be concluded in a better way.

The MOU itself is not being argued in its entirety and if it is held and argued and time bar period condoned then there will be more dirty linen being washed in public and you can expect some more outbursts from Anil.

The outburst have not come on record as yet in HSC and the way the matter is bwing argued it may become a subject matter too.

I have no objection to the word `cheat" however it is at this stage irrelevant to the case matter. No matter who wins or who loses there will be NO decision of who is a cheat or not.

I understand that your concern and meaning is as to WHO will decide about who is a cheat however my reply covers generally on the opinion of some on the board.

Somehow we need to get on to a different level altogether....

In reply to:

Reliance plans aggressive exploration

Posted by : tara23

bhush--i have not told who is a cheat or so, i meant will there be anyone to judge this case is the only point i was trying to emphasise...
i am not using any unparliamentary language in it... hope you got the point...

Does it bear any sign of accumulation?

Pipavav

Posted by : sodhan
Price when posted : BSE: Rs 56.20 ( -1.06 % ), NSE: Rs. 56.30 ( -0.88 % )

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it takes time for a new business to mature.risk reward ratio always remains negative in new ipo listings.more over it is difficult to know consolidation levels due to absence of past data for corelation.also at times underwriters have an obligation to give price support for some time post listing which is artificial respiration.better to invest in established business where mutual funds are also attracted as they have better resources to study a stock....

In reply to:

Does it bear any sign of accumulation?

Posted by : das.ajitk2

Investors in PIPAVAV would happy to know that the delivery position against the traded volume of the stock has been remarkably above 50% till to-day since 30th Oct. To-day`s deliverable quantity is 82.73% of traded volume.

Essel Propack plans $5.3 million expansion in Danville

Essel Propack

Posted by : nikhil1221
Price when posted : BSE: Rs 42.25 ( -0.47 % ), NSE: Rs. 41.95 ( -0.83 % )

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what will be the impact of expansion plan,...

In reply to:

Essel Propack plans $5.3 million expansion in Danville

Posted by : alkesh_thakkar

Essel Propack announced plans this week to begin construction on a $5.3 million consolidation project, which will result in the expansion of their existing building in Airside Industrial Park.

Essel will consolidate its production with Arista Tubes to reach optimum manufacturing efficiency and capacity in anticipation of future business contracts.

Essel Propack is the largest specialty packaging company in the world, manufacturing laminated and seamless tubes that cater to the top multinational companies in the toothpaste, cosmetics, pharmaceutical, food and industrial sectors.

Headquartered in Mumbai, India, the company is the flagship of Essel Group, which has a wide range of global business interests encompassing specialty packaging, media programming, broadcasting and distribution, entertainment, telecom and trading.

Danny Malone, director of manufacturing for the Americas region, said "This expansion makes sense from a logistics and production perspective.

"We can reinvest in new equipment, consolidate our storage space and manufacturing lines, and recognize a cost savings.




"The cost savings will give us a competitive advantage with our product offering, allowing us to outsell our competition and at the same time secure client contracts which will lead to new job opportunities for Danville," Malone said.

"Our goal is to continue to expand and grow in Danville, and we recognize that the city of Danville has been instrumental in helping us to achieve just that."

Mayor Sherman Saunders welcomed the announcement.

"This is a major accomplishment for Essel Propack - they are announcing an expansion for the fourth time in Danville," said the mayor.

"When our existing businesses and industries can leverage a competitive advantage in the global marketplace and continue to expand, this means more job opportunities for everyone."

Essel Propack chose Danville for its first U.S. manufacturing facility in 2002.

RIL avoids debt route for Lyondell acquisition.

Reliance

Posted by : pyaretaj
Price when posted : BSE: Rs 2193.75 ( 0.81 % ), NSE: Rs. 2194.70 ( 0.80 % )

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MUMBAI: Reliance Industries plans to fund its acquisition of the world’s third-largest petrochem company LyondellBasell Industries (LBI) by selling treasury stock and dipping into its cash reserves without taking any additional debt on its balance sheet, rating agency Crisil said on Tuesday while re-affirming its ‘stable’ rating on RIL’s debt. Crisil said that Mukesh Ambani-led firm had told it that, post-acquisition, LBI would have a conservative capital structure, with gross debt-to-equity ratio not exceeding 0.75 times. No additional support would be required from RIL, Crisil said.

The rating agency said its description of RIL’s plans to finance the acquisition of LBI and the foreign company’s post-acquisition debt structure was based on its discussions with the management of India’s largest private sector company. When contacted, RIL’s external spokesperson said the company had nothing more to add to its Saturday statement which said that it had submitted a non-binding all-cash preliminary offer to buy a controlling stake in LBI. RIL is sitting on a cash reserve of $4 billion and treasury stock worth $8 billion.

Although RIL did not disclose the possible size of the transaction, it is estimated to be around $12 billion in enterprise value. Enterprise value is calculated as equity plus debt, minority interest and preferred shares minus total cash and cash equivalents.

Crisil said RIL’s cash levels would be replenished soon as the accruals remain strong. “The rating outlook will be revised to negative if RIL extends any financial support to LBI, or if RIL’s debt levels increase either because of a change in the value of the acquisition or any change in the financing plan.”

The acquisition, if consummated, would enhance RIL’s topline to $80 billion, bigger than the industry leaders like Dow Chemicals. Crisil said the successful acquisition would make RIL one of the largest integrated chemical companies with a well-balanced portfolio in petrochemicals, refining and upstream exploration and production.
...

What to do

Electrosteel

Posted by : nikhil1221
Price when posted : BSE: Rs 42.85 ( 2.76 % ), NSE: Rs. 42.80 ( 2.51 % )

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thanks for good suggestion....

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What to do

Posted by : samalhotra1

Do not worry, have patience, pervance and strong will. This is going to turnaround. Just wait for the QIP placement. The 50 day moving average is at 41 and 200 days EMA is nearing 40. So there is no downword risk from here. But looking at the results and fundamentals there is lot of value thats going to unlock in short period of time. See it touching 65 by end of this year.

BSE Announcements on Kwality Dairy

Kwality Dairy

Posted by : MMB Messenger
Price when posted : [Kwality Dairy - BSE:Rs. 1295.95 NSE:Rs. when posted]

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Kwality Dairy India Ltd has informed BSE that the members of the Company have passed the resolutions by way of Postal Ballot....

BSE Announcements on SIP Industries

SIP Industries

Posted by : MMB Messenger
Price when posted : [SIP Industries - BSE:Rs. 7.10 NSE:Rs. when posted]

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SIP Industries Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....