It started correcting after this recommendation. But it is always a very good buy for long term. do systematic investing in the stock in small quantities....

phenomenal results.buy...

so whats the result??? didnt see any numbers so far......

Hi all, Yesterday I advise viewers to short on nifty 5200 call for this month yesterday. ...

Dear Viewers, As promised by us on 13.10.09, we have provide all of you 3 days free trial. You can take your own analysis in this thread and take you decision. Summary of the call and gain/loss is as below 14.10.09 REL Profit of 3036 Tata Motors Profit of 3400 15.10.09 Nifty(Short) Profit of Rs.500 Titan No profit no loss Praj Indu Profit of Rs.6270 Nifty (Long ) Loss of Rs.750 16.10.09 Suzlon Call Exit at cost ICSA india Profit of 7200 Axis bank Loss of 6750 Profit 20406 Loss 7500 Total Profit 12906 P.S:Please note that all position calculate by taking Qty per lot of future. Profir inclue the brokrage and other exp.you can caluculate your exp accordingly. We have given these free service only and only to give answer to our rivals who had doubts in our accuracy and on our words. we prove ourself in this volatile market. Now choice is yours.Listen to other words or to Join our group Deposit Rs.3000/pm in our bank a/c or call on 9662732767 for more assistance. May GOD give you good trading session for next Diwali. ...

Buy Axis bank @ 1015 sl 1000 tgt 1030. its intraday call...

tgt achived. wait for another tips...

We recommend a buy in Opto Circuits India from a short-term horizon. It is perceptible from the charts of the stock that it has been trending upwards since the December 2008-low of Rs 69.50. The stock’s trend is up in all the time-frames (intermediate, medium and short-term) and the up-trend line is also un-violated. The stock gained almost 7 per cent last week, breaching the key resistance level of Rs 215. Currently, the stock is trading way above its 21- and 50-day moving averages reinforcing the bullish momentum. The daily, weekly and monthly relative strength indices are featuring in the bullish zone. The daily moving average convergence and divergence indicator had signalled a buy and is heading northward. Our short-term forecast on the stock is bullish. We anticipate its present rally to prolong further until it hits our price target of Rs 242 in the approaching trading sessions. Traders with a short-term perspective can buy the stock while maintaining a stop-loss at Rs 209.

Yoganand D.
source: the hindu businessline...

source:THE HINDU BUSINESSLINE DATED 15 11 2009...

Investors with a two-three-year perspective can buy the stock of Unity Infraprojects (Unity). Primarily a construction contractor, Unity’s project portfolio comprises infrastructure and civil contracts. At Rs 479, the stock trades at 8.8 times its trailing 12 month per share earnings, at a discount to peers such as Ahluwalia Contracts and Patel Engineering.

Trading well below its IPO price in 2006, the company now asks for far more reasonable valuations. Besides, a diverse and growing order-book, increase in infrastructure contracts, and steady margins have improved its earnings prospects over the last couple of years.

order composition


Order-book size has almost doubled in the first half of FY-10 to Rs 4,040 crore, up from the 12 per cent growth of FY-09, indicating increasing ability to secure a larger number of contracts. At 39 per cent, civil contracts spanning townships, hospitals, airports, commercial and residential buildings, make for the bulk of the order book. 15 per cent comes from the transportation space, where the company undertakes construction contracts for road widening, micro tunnelling and road development. Water supply and irrigation contracts account for the balance. The order book, at 3.1 times FY-09 sales, has an average execution period of around 30 months, allowing medium-term earnings visibility. There is also an almost even split maintained between private and government contracts over the past three years allowing the spreading of risk while maintaining the ability to capitalise on opportunities thrown up by both segments.

Contribution of civil contracts has reduced in favour of those in the infrastructure space; transportation made up a mere 5 per cent of the order-book in FY-07. This segment, especially micro tunnelling , may see more activity in the coming quarters and help support profit margins.

The company will remain focussed on urban infrastructure; schemes such as JNNURM leave ample opportunities. Unity will also move into electrical contracts.

Combined bids


Unity does not have projects on a build-operate-transfer (BOT) model. Instead, it bids in consortium with developers as a preferred engineering procurement construction (EPC) contractor. It, however, does not have in-house design capability and outsources the same. Unity also undertakes projects on a joint-venture basis, securing last week an Rs 1145-crore water supply tunnel project with IVRCL Infrastructures and Projects.

Such partnering with varied developers, while helping the company secure larger orders or enter new geographical areas, may eventually provide it with technical qualification to bid on its own. The company has earlier partnered Nagarjuna Constructions, Patel Engineering and Pratibha Industries, among others. Unity also has interests in real-estate development which is not a significant contributor to revenues and plans to go slow on these projects.

Maintained margins


Compounded annual growth rate of sales and net profits over a three-year period stand at 85 and 84 per cent respectively. The company kept up sales growth of 28 per cent for the first half of FY-10 compared with the same period in FY-09. Net profits similarly increased 11 per cent.

Operating margins have hovered around 14 per cent over the past three years and into the first half this year as well. With price escalation clauses in 85 per cent of the contracts, the company appears to be able to maintain margins at this level.

Debt on books has seen massive increases, standing at Rs 432 crore as of March ’09 against Rs 90 crore seen two years ago; interest costs almost doubled in FY-09 over FY-08. Gross margins are, thus, left at 10.6 per cent for FY-09 against the 11.6 and 12.4 per cent in FY-08 and FY-07. Margins have remained lower in the first half of FY-10 than the same period in FY-09.

However, share of interest costs in sales has remained at 2.5 to 3 per cent, suggesting debt has helped generate sales.

Net profit margins were 6.2 per cent for FY-09, down 100 basis points from that in FY-08, slipping to 6 per cent for the first half of this year. The company can raise up to Rs 250 crore through a Qualified Institutional Placement issue; if undertaken, it could help trim debt and boost margins.
Concerns
Given the sluggish climate of FY-09, some projects have been delayed, albeit no outright cancellation of projects. The company is also highly concentrated in the West, primarily in Maharashtra and Mumbai with close to 58 per cent of contracts in the west.
source :...

Goods and services could soon be cheaper. The Transport Ministry is looking to award contracts for 10 mega highways over the next two years, with each highway running an average distance of over 1,000 kms. These mega highways are expected to be a boon to the Indian economy giving a fillip to India`s infrastructure and help cut down the time and cost of transporting goods. While the main barrier to Kamal Nath`s pet project will be acquiring land, steps are being taken by the government to expedite the acquisition so that the project can start on time. With Rs 2 trillion worth of projects to be awarded in the next two years, infrastructure companies are also expected to benefit.
...

Board Meeting on Nov 11

In a peculiar development, the parent companyof SSTL, SISTEMA, has decided to hold its Board Meeting on Nov 11 in Bangalore India. This is the first time that SISTEMA will hold a board meeting outside Russia.

With the meeting being attended by the top honchos of the company, it is very likely, that a road map to the IPO may get initiated / outlined at this meeting. Additionally, other initiatives such as setting up of SIM card etc are also liekly to be announced. We at AMSOST believe that this meeting could be a path changing meet for all of our shareholders, giving us more clarity to the listing plans of the company.
source :amsost.blogspot dot com...

Addis Ababa (October 13, 2009) - Sai Ramakrishna Karuturi , Managing Director of Karuturi Global of India vowed to make Ethiopia the leading cut flower exporting country in the world.

In an exclusive interview with ENA on Monday, Company Managing Director, Sia Ramakriskna Karuturi said his company, which is engaged in flower farm development on 50 hectares, has planed to expand on 50 more hectares beginning until December.

The Director said the company would cover fully the 435 hectares of land it took in Wolliso Town with flower farm by 2011.

The director said when the Wolliso o flower farm is fully developed by 2011; it will make Ethiopia the leading cut flower exporter in the world.

The director said currently 125, 000 cut flowers are produced from Holeta and Woliso farms per day. The volume of export will be increased from time to time.

The company has begun exporting cut flowers from Ethiopia to the Middle East, Holland and Russia since 2006.
...

Mr Ramakriskna said the Company has also palm tree, sugarcane and rice farms in Etang, Gambella State covering 300,000 hectares, and 11,000 corn and vegetable farms in Bako, Oromia State, he said.

The director said the Gambella project in which 350 million USD is invested would develop cereals, oilseeds, palm oil, sugar and rice on 100,000 hectares of land in the coming three years.

He said the rice and maize production would be used for consumption in domestic and COMESA region.

The company has shelled out 490 million USD on all farms launched in Ethiopia.

The company has created jobs for 3000 people in all project areas so far.

Ramakrishna said the Ethiopian government officials are very supportive for what his company is doing.

The company is operating in Kenya, Dubai, Holland and India in the areas of floriculture, agro-based products, food processing, IT and others.

Source: ENA
...

Investors with a two-three-year perspective can buy the stock of Unity Infraprojects (Unity). Primarily a construction contractor, Unity’s project portfolio comprises infrastructure and civil contracts. At Rs 479, the stock trades at 8.8 times its trailing 12 month per share earnings, at a discount to peers such as Ahluwalia Contracts and Patel Engineering.

Trading well below its IPO price in 2006, the company now asks for far more reasonable valuations. Besides, a diverse and growing order-book, increase in infrastructure contracts, and steady margins have improved its earnings prospects over the last couple of years.

order composition


Order-book size has almost doubled in the first half of FY-10 to Rs 4,040 crore, up from the 12 per cent growth of FY-09, indicating increasing ability to secure a larger number of contracts. At 39 per cent, civil contracts spanning townships, hospitals, airports, commercial and residential buildings, make for the bulk of the order book. 15 per cent comes from the transportation space, where the company undertakes construction contracts for road widening, micro tunnelling and road development. Water supply and irrigation contracts account for the balance. The order book, at 3.1 times FY-09 sales, has an average execution period of around 30 months, allowing medium-term earnings visibility. There is also an almost even split maintained between private and government contracts over the past three years allowing the spreading of risk while maintaining the ability to capitalise on opportunities thrown up by both segments.

Contribution of civil contracts has reduced in favour of those in the infrastructure space; transportation made up a mere 5 per cent of the order-book in FY-07. This segment, especially micro tunnelling , may see more activity in the coming quarters and help support profit margins.

The company will remain focussed on urban infrastructure; schemes such as JNNURM leave ample opportunities. Unity will also move into electrical contracts.

Combined bids


Unity does not have projects on a build-operate-transfer (BOT) model. Instead, it bids in consortium with developers as a preferred engineering procurement construction (EPC) contractor. It, however, does not have in-house design capability and outsources the same. Unity also undertakes projects on a joint-venture basis, securing last week an Rs 1145-crore water supply tunnel project with IVRCL Infrastructures and Projects.

Such partnering with varied developers, while helping the company secure larger orders or enter new geographical areas, may eventually provide it with technical qualification to bid on its own. The company has earlier partnered Nagarjuna Constructions, Patel Engineering and Pratibha Industries, among others. Unity also has interests in real-estate development which is not a significant contributor to revenues and plans to go slow on these projects.

Maintained margins


Compounded annual growth rate of sales and net profits over a three-year period stand at 85 and 84 per cent respectively. The company kept up sales growth of 28 per cent for the first half of FY-10 compared with the same period in FY-09. Net profits similarly increased 11 per cent.

Operating margins have hovered around 14 per cent over the past three years and into the first half this year as well. With price escalation clauses in 85 per cent of the contracts, the company appears to be able to maintain margins at this level.

Debt on books has seen massive increases, standing at Rs 432 crore as of March ’09 against Rs 90 crore seen two years ago; interest costs almost doubled in FY-09 over FY-08. Gross margins are, thus, left at 10.6 per cent for FY-09 against the 11.6 and 12.4 per cent in FY-08 and FY-07. Margins have remained lower in the first half of FY-10 than the same period in FY-09.

However, share of interest costs in sales has remained at 2.5 to 3 per cent, suggesting debt has helped generate sales.

Net profit margins were 6.2 per cent for FY-09, down 100 basis points from that in FY-08, slipping to 6 per cent for the first half of this year. The company can raise up to Rs 250 crore through a Qualified Institutional Placement issue; if undertaken, it could help trim debt and boost margins.
Concerns
Given the sluggish climate of FY-09, some projects have been delayed, albeit no outright cancellation of projects. The company is also highly concentrated in the West, primarily in Maharashtra and Mumbai with close to 58 per cent of contracts in the west.
source :...

Mr.K.N.Pillai!
These are the Principles of the ISLAMIC BANKING.
Islamic banking has the same purpose as conventional banking except that it operates in accordance with the rules of Shariah, known as Fiqh al-Muamalat (Islamic rules on transactions). The basic principle of Islamic banking is the sharing of profit and loss and the prohibition of riba (usury).
In an Islamic mortgage transaction, instead of loaning the buyer money to purchase the item, a bank might buy the item itself from the seller, and re-sell it to the buyer at a profit, while allowing the buyer to pay the bank in installments. However, the fact that it is profit cannot be made explicit and therefore there are no additional penalties for late payment. In order to protect itself against default, the bank asks for strict collateral. The goods or land is registered to the name of the buyer from the start of the transaction. This arrangement is called Murabaha. Another approach is EIjara wa EIqtina, which is similar to real estate leasing. Islamic banks handle loans for vehicles in a similar way (selling the vehicle at a higher-than-market price to the debtor and then retaining ownership of the vehicle until the loan is paid).
An innovative approach applied by some banks for home loans, called Musharaka al-Mutanaqisa, allows for a floating rate in the form of rental. The bank and borrower forms a partnership entity, both providing capital at an agreed percentage to purchase the property. The partnership entity then rent out the property to the borrower and charges rent. The bank and the borrower will then share the proceed from this rent based on the current equity share of the partnership. At the same time, the borrower in the partnership entity also buys the bank`s share on the property at agreed installments until the full equity is transferred to the borrower and the partnership is ended. If default occurs, both the bank and the borrower receives the proceeds from an auction based on the current equity. This method allows for floating rates according to current market rate such as the BLR (base lending rate), especially in a dual-banking system like in Malaysia.
There are several other approaches used in business deals. Islamic banks lend their money to companies by issuing floating rate interest loans. The floating rate of interest is pegged to the company`s individual rate of return. Thus the bank`s profit on the loan is equal to a certain percentage of the company`s profits. Once the principal amount of the loan is repaid, the profit-sharing arrangement is concluded. This practice is called Musharaka. Further, Mudaraba is venture capital funding of an entrepreneur who provides labor while financing is provided by the bank so that both profit and risk are shared. Such participatory arrangements between capital and labor reflect the Islamic view that the borrower must not bear all the risk/cost of a failure, resulting in a balanced distribution of income and not allowing lender to monopolize the economy.
And finally, Islamic banking is restricted to Islamically acceptable deals, which exclude those involving alcohol, pork, gambling, etc. Thus ethical investing is the only acceptable form of investment, and moral purchasing is encouraged. In theory, Islamic banking is an example of full-reserve banking, with banks achieving a 100% reserve ratio However, in practice, this is not the case, and no examples of 100 per cent reserve banking are observed.
Micro-lending institutions founded by Muslims, notably Grameen Bank, use conventional lending practices and are popular in some Muslim nations, especially Bangladesh, but some do not consider them true Islamic banking. However, Muhammad Yunus, the founder of FOR FURTHER DETAILS SEARCH ON THE NET....