India is an agriculture country from ancient times. In olden times Indian economy was self sufficient this means that Indian villages were not dependent on outside world or other villages. All the villages were self sufficient. Before the formation of India, this land was divided into many kingdoms, and no one ever thought that time about the formation of India, the one nation. Ancient India saw many kings who won nearly all the kingdoms for a certain period. But they never intended to form the one nation, it was just expansion of there kingdom to show other kings that who is more powerful.Ancient India used the Barter system, but many kings even made gold coins and silver coins also. Gupta dynasty used minted the silver coins in AD 414-55.This Gupta dynasty period was 280 to 550 AD.This was the Golden period of ancient IndiaVillagers paid revenue to the kings and other villagers exchanged there produce and skills and services.Trade in kind and goods, exchange of goods can be said as a barter system.E.g. craftsmen received a part of the crops at harvest time for their services to farmers.Because of caste system, every one knew what he has to do in his future life.There training started in that profession from their birth. Important Note – In this era agricultural products such as pepper, cinnamon, opium and indigo were exported to Europe, the Middle East and South East Asia in return for gold and silver. In this era and period in present language I will say one dollar or one euro was equal to one rupee. Further more if someone says ancient Indian rupee was more powerful in ancient times than pound or dollar is also true. I tried to get more information about ancient financial India but there is no information available. But its accepted fact by the British people that Revenue of Akbar`s Mughal Empire in 1600 at £17.5 million, in contrast with the total revenue of Great Britain in 1800, which totaled £16 million. This fact is enough to let us know and understand that in the year 1600 or 1800 also Indian rupee was equal to one euro or one pound or one dollar. It is the duty of every king or every employee, every human to see that his company, his home, his country makes progress. With this view British Raj started there planning and worked towards that end. The economic policies of the British Raj effectively bankrupted India`s large handicrafts industry and caused a massive drain of India`s resources This was because of vast gains made by the Industrial revolution in Europe, the effects of which was deprived to Colonial India. In the year 1948 also one rupee was equal to one pound or one dollar.Historian Angus Maddison reveals that India`s share of the world income fell from 22.6% in 1700, comparable to Europe`s share of 23.3%, to a low of 3.8% in 1952. I wanted to say so in this way we can see that many rulers, kings ruled the India,But no one made us beggar. Our own politicians and leaders made us poor and beggars. India inherited several institutions, such as the civil services, Reserve Bank of India, railways, etc., from its British rulers. The RBI, the country`s central bank was established on April 1, 1935. It serves as the nation`s monetary authority, regulator and supervisor of the financial system, manager of exchange control and as an issuer of currency. The RBI is governed by a central board, headed by a governor who is appointed by the Central government of India. But we Indians became world beggars after the British people left India and we became independent. The reason was that wrong policies used by our political kings. So whenever you start to blame the British rule that they made us beggars Remember that our own political kings and politicians made us beggar. With their wrong policies, selfish motives and corruption. Upto the year 1952,India had never taken any loans from the world Bank or any other nation. First time after our Independence our Indian political leadership took the loan, without working towards the repayment of these loans our politicians are taking more and more loans from the World Bank and other nations. On the name of progress Indian leaders and politicians took loans from World Bank and other nations and today situation is that India has to take the loan to pay the interest of that loan not the original loan amount. We Indians and media is so ashamed that when our political leaders beg to World Bank for loans and when we get the loans our political leaders and we all celebrate it proudly. Around the year 1952 first time we took the loan and our Indian rupee lost its value. Dollar and Pound become more powerful. To get one Dollar we have to pay 7 Indian rupees that time. Now today in the year 2009 one dollar is equal to 49 to 50 Indian rupees. One pound is equal to 70 to 80 Indian rupees. One euro is equal to 50 to 60 Indian rupees. Today also no Indian political party has will to work towards this aim....

Mirror Mirror on the Wall, Mirror Mirror on the Wall, The bat wont hit the ball, Destiny would take the call, Trees standing high and tall, Time had come to lean and fall. Mirror Mirror on the Wall, Mirror Mirror on the Wall, The bat wont hit the ball, Destiny would take the call, 1411 tigers remaining in all, Every inch of land captured by a mall, Mirror Mirror on the Wall, Mirror Mirror on the Wall, Destiny has taken the call, The bat couldn`t hit the ball, History would then have a recall, Generations next would never forgive for such a great fall...... ...

I recently wrote a post of my views and enlisted quite a few quality boarders. It was becoz I have been silently watching all the posts and thought these people don’t waste the quality time of other people. In the same post I continued with my apologies to the other quality boarders whom I missed out. It was an observation… not a verdict… But it went out like more sensitive than the SENSEX….. Many people (even if not in the list) agreed to it, A few had their own, but justified viewpoints, A few were like depressed, The others not affected………………………… But one or two people were like who had just escaped and arrived from the mental asylums… They lost their savoir-faire. Look at their postings in the thread , its like 1000 mad dogs have bitten them….. Depressed and humiliated were they for no reasons, but that, their name wasn’t there and revealed to the public what quality and quantity of maturity and intellectual levels they have. And surprised, that how Radhika Nandlal is not there???????? The humble Radhika Nandlal also agreed to it without any remarks. But the surprised people who were more depressed couldn’t even defend Radhika Nandlal, nor did they realize why her name is missing? So I decided to come out with my clarification for all those demented, deranged, insane, irrational, infuriated, irate, enraged, wrathful, ire, immodest, affront, derogatory, and deprecating remarks. FOR THE ONE TO TWO BOARDERS WHO FAILED TO UNDERSTAND --- RADHIKA NANDLAL IS THE QUEEN OF THIS BOARD. SHE IS OMNI PRESENT IN ALL THE FORUMS. RADHIKA NANDLAL IS AN OMNISCIENT LADY. SHE IS A CONSISTENT AND PERSISTENT BENEFACTOR TO OTHERS WITH SELFLESS MOTIVES. SHE HAS THE LARGEST FAN FOLLOWING, MANY PEOPLE WONT AGREE TO. BUT ITS THEIR JEALOUSY AND ENVY THAT OBSTRUCTS THEM FROM AGREEING TO IT. THERE ARE OTHER SMALL FISHES WHO WANT TO COME IN LIME LIGHT WITH RADHIKA NANDLAL, RADHIKA NANDLAL CONTROLS THE BOARD FOR GOOD. YES, THIS BOARD WOULD HAVE BEEN A MESS OR JUNK IF IT WEREN`T FOR THE VIGILANT OBSERVATION POWER AND CONTROL OF RADHIKA NANDLAL. SHE WORKS AS THE STANDING PRIME MINISTER FOR A BOARD WHO’S PAID MODERATOR HAS BEEN BURIED LONG BACK . WHAT DOES SHE GET FOR THIS? MONETARILY NOTHING. BUT SHE INDIRECTLY OR DIRECTLY, GETS THE BLESSINGS, THE BENEDICTION OF THOSE INVESTORS WHO STILL COME TO THE BOARD FOR GETTING INFORMATION AND KNOWLEDGE, WHICH OTHERWISE WOULD HAVE BEEN DESOLATED HAD RADHIKA NANDLAL NOT MAINTAINED THE DISCIPLINE AND DECORUM OF THE BOARD. SUCH VAST IS HER KNOWLEDGE, BUT STILL, MODEST AND SUBSERVIENT IS HER INQUISITIVENESS TO EXPLORE KNOWLEDGE FROM OTHERS. SHE IS LIKE A GOD TO THIS BOARD…..WHO HAS SAVED THE BOARD FROM GOING TO DOGS. LIKE THE PADMA BHUSHAN WHICH IS FOR THE COUNTRY, RADHIKA NANDLAL SHOULD BE AWARDED THE E- BHUSHAN AWARD FROM THE IT COMMUNITY FOR PUTTING IN HER BEST FOR THE BENEFIT OF OTHERS. THAT’S WHAT RADHIKA NANDLAL IS…. A SAVIOR, AN ANGEL, A HUMAN BEING PAR EXCELLENCE AND QUALITY. Again I clarify; these are my views, which might not match with yours. But you have the democracy, freedom, liberty and right to express your own views. I have a dream, a song to sing, to help me cope with anything If you see the wonder of the fairy tale You can take the future even if you fail I believe in angels, something good in everything I see I believe in angels, when I know the time is right for me I`ll cross the stream, I have a dream I have a dream, a fantasy, to help me through reality And my destination makes it worth the while Pushing through the darkness still another mile I believe in angels, something good in everything I see I believe in angels, when I know the time is right for me I`ll cross the stream, I have a dream.... Thanks Radhikajee....UR the BEST above the REST....

Micro Tech...Next would be Nexxoft...

thank god gave a good moove,we were very much disappointed by the performance of the script(holding it for a long time from 70/-), Zee Business gave a fundamental buy call on 24th dec,hope that it will get the valuations it deserves...

NO I AM NOT Having any hope from current promoter group. Unless something hostile happen -- nothing will happen ---- garbage only. The only driver is risk = the key to get bigger profit/loss....

I have 30000 @ 15.31 what target shall I keep...

Micro Tech and Bartronics are fantastic. Have not looked at Syscom. But there can be lot of money made in Waste Management for sure. it is the business to be in. ...

Security system is the best business to be in today - and with the kind of products, tie up etc. they have the cheap valuation is the iceing on the cake. I agree with Ratan while 1000 may seem a target too long - I will more than happy if it reaches 300 - which accordingly me is a for sure (blindly by any valuation formula)...

Appreciate your calculation: but fail to understand what make to you so optimistic to round .44 to .5 and then give a valuation of 10 time 20 times to arrive at a price to 10. Does the company deserve such a valuation after all these years of its history. Also would appreciate if you can share some information on PentaSoft shares - it is still trading?...

Irrespective of the short term price movements, I am a big fan of the owner and his management style, which focuses on cost advantage and has a long term vision. on the short term the idea of diversying into food grains from rose may not be very good for earning but i am sure the company is doing the right thing by sowing the seeds at the right time for a good harvest. Huge and cheap land base in African countires plus climate conditions I think will keep them in an advantagous position for a long long time. Compare that to the Bangaloare / Holland costs and you will see why. Feel free to conter my views
Ramani...

Irrespective of the short term price movements, I am a big fan of the owner and his management style, which focuses on cost advantage and has a long term vision. on the short term the idea of diversying into food grains from rose may not be very good for earning but i am sure the company is doing the right thing by sowing the seeds at the right time for a good harvest. Huge and cheap land base in African countires plus climate conditions I think will keep them in an advantagous position for a long long time. Compare that to the Bangaloare / Holland costs and you will see why. Feel free to conter my views
Ramani...

Excellent observations on powerful moats, completely agree with you - they indeed are the clearn strengths hard to break by competition - add to that the size and market share and excellent management. Again what is MOS?...

The only danger, if any, could be of any of theirs product technology going obsolute. Other wise they are in a very good enviroment, in a niche segment with good profitablity potential....

Anu, Stop crying wolf. It is very easy on a message board to shout out sell, sell, sell and panic people. Please if want to do that, you should also do your homework and give valid reasons for that crash you are seeing. For God sake this is an excellent agri business model with good land area in a with low african labour. If you get some time find for an article on "the third wave of outsourcing", which is about cross boarded agri commodity flow. The company is nothing great, but has a very simple and sound business model based on opeating efficiency with long term expansion plans - both organic and inorganic. Despite growth prospects the valution is not that high. ...