Dear Tejbir, It should then increase 5% every day, till there is no end. Samajh Gaye Naa....

Promoters have raised their stake from 44 % to 49% in March quarter. OIL BUSINESS :Canoro and Assam co are in the process of installing Gas plant, which is likely to start in July 2010. As per Canoro company projection, after installation of gas plant, 5000 BOE oil can be produced on the basis of existing discoveries and rate of realization will be high as compared to current rate. Crude prices are likely to hit $ 90 in next year. Tea Business : as per brokers, Tea business is in bull run and will continue for next 7 - 10 years. This is a good price to enter. If you look at the volume of last 15- 20 trading sessions, Stock has potential to go upto 30-32 in next 1 or two months. Medium term target is 50+ and long term (2011) is 100+ If company is able to install gas plant by Mar 2010 ( as per MD recent interview on CNBC), price of this stock will move to at least 75+ by Mar 2010. I have been tracking this stock since 2007. I know management is not able to come to investor’s expectation. This is a capital intensive sector and if more oil found, then this stock will be a jackpot. ...

Hi,

Please donot fool other investor.This quarter results are very good and in line with expectation. Tea profit as compared to previous year increase by approx 30%. Only diff as compared to previous year is that in the previous year quarter company sold 13 cr of oil & gas whereas in this quarter they had sold only 3 cr as a reult net profit look similar to previous year.

By Jan/Mar 10 they are expecting gas plant will start and production will be approx 3500 - 4000 BOE. Once gas plant start operation, market will start discounting future revenue.I advise invester to be patient atleast till June 10. Happy investing...

Promoters have raised their stake from 44 % to 49% in March quarter.
OIL BUSINESS :Canoro and Assam co are in the process of installing Gas plant, which is likely to start in July 2010. As per Canoro company projection, after installation of gas plant, 5000 BOE oil can be produced on the basis of existing discoveries and rate of realization will be high as compared to current rate. Crude prices are likely to hit $ 90 in next year.

Tea Business : as per brokers, Tea business is in bull run and will continue for next 7 - 10 years.
This is a good price to enter. If you look at the volume of last 15- 20 trading sessions, Stock has potential to go upto 30-32 in next 1 or two months. Medium term target is 50+ and long term (2011) is 100+

If company is able to install gas plant by Mar 2010 ( as per MD recent interview on CNBC), price of this stock will move to at least 75+ by Mar 2010.


I have been tracking this stock since 2007. I know management is not able to come to investor’s expectation. This is a capital intensive sector and if more oil found, then this stock will be a jackpot.
...

2,009
Tea Production 15,000,000
Profit per KG 35
525,000,000
Tea Profit p.a (Cr) 52.5
Oil BOE per day 1000
Share 40%
Assam share BOE per day 400
USD 46
profit per BOE-as
per canoro site 25
460,000
profit per day 0.046
Oil Profit p.a (Cr) 17
Profit
Oil 17
Tea 53
70
Shares 30
EPS 2.31
Current Price 21
P E 9.09

2,010
Tea Production 18,000,000
Profit per KG 40
720,000,000
Tea Profit p.a (Cr) 72
Oil BOE per day 3500
Share 40%
Assam share BOE per day 1400
USD 46
profit per BOE-as
per canoro site 25
1,610,000
profit per day 0.161
Oil Profit p.a (Cr) 59
Profit
Oil 59
Tea 72
131
Shares 30
EPS 4.36
Current Price 21
P E 4.82...

tea and oil will take this share price to 50 . from July 2010 onwards, they will start operating gas plant, which will change oil to gas ratio from 30:70 to 70:30. means more cash flows....