Dear jashn24, Out of the three, Kavveri telecom looks attractive in price. But telecom being the "laggard" now it may give better opportunities in the coming months. I am just thinking of it`s hey days when it was quoted around Rs300/=. The remaining two I will have a look. It seems that they are almost at 52 week high. Regards Nadhi ...

Young Shud be frugal, save but not take risk, for the name of risk, or whatever it is, they are fleeced by conman, and it applies to our country, which is young, in a relative sense, to the so called advanced eco. of the world. CNBC not telecasting the live telecast of Jt. Press Conference of our P.M. and US Pres, An english channel, but the that is there on CNBC awaaz,A HINDI Channel, though the press conference was IN ENGLISH. ...

this is our view we might be wrong.so always think from your side also....

Dear jashn24, I meant power utility. I like utility than power itself. Ramsarup is a great stock but for it`s price. I feel that the price discounts every positive side of it. I am very conservative when it comes to price. As far as GPIL, there are two aspects. One, that I am holding it for free. The other one is that I never look at a few quarterly results to buy or hold a stock. It is a great company and it will proove as such in a short period. You might have noticed while the negative news has a sudden impact where as the positive news has either no effect or negative impact in some scrips. The reasons are obvious as you know. Regards Nadhi ...

Dear jashn24, We can only find out the quality iof a stock and the market may take it`s own time to realise it. As far as I am concerned I am satisfied if the merits of a stock is good. If it is not rccogonised early you are fortunate that you can accumulate with ease. The index had gone high but not the value stocks. Exploiting the nervousness of the retailers is going on. I see no hurry at all with the biggies. They will be slowly and steadily pruning and accumulating for the next 45 days. As you said I too on the hunt for adding few stocks. IFL may give me more opportunity at these levels. I may go for a buy tomorrow. Regards nadhi ...

Dear jashn24, Saw your posts in the inbox. Just glanced through them. Looks like an impeccable and thorough job. Will read at leisure after finishing the day. THANKS. I seek your help on Nalwa Investment [Jindal Strips] a holding company, also projected as a finance company, now. I feel you will enjoy looking it over )-: I see a different PE and EPS across different forums/sites. EPS ranging from Rs 21 to 356 and PE ranging frpm 7 to a 100+ Please, could you kindly look at it and share. I have a very very small exposure.. I am intrigued and interested, but right now unable to dig. I am happy to know you picked up P-COM. I felt like asking you to.. nadhi and I have spoken of ramsarup also and i have exhaustive reports with me... No exposure yet.. Feel a lttle wary... CMP, DEBT, QIP and equity dilution to come... looks like a great story though.. Regards KM ...

And today`s ODI b/w Bulls & Bears is progressing in a test match mode YAWNNNNN...

Well, today`s test match India v/s Srilanka is progressing in one-day mode :)-...

dear sd3,

i dont have much info on this one, moreover, personally i have some reluctance to chemical sector,as as it depends generally to some extent on petroleum prices..
but there are some very good companies with niche/monopoly products. One is Orient chemicals.Its the 2nd largest producer of insoluble suplhur in the world, and right now , demand outstrips supply. Further, it`s a monopoly player in india.Strong earnings & capacity expansion too.
The other one i found is IFGL refractories.

Another one , with good earnings, and toplines, bottom lines, trading at low valueations is ester industries. But watch out for the level of entry.Its high beta stock.

Wish u well for atul.

Regards,
jashn24
Wish you good luck with atul....

Dear Option Analyst,

for deccan gold, pls see detailed analysis by ashish chugh. Also note the last paragraph for his clear views on the same.

moneycontrol(dot)com/news/market-outlook/which-hidden-jewels-will-ashish-chugh-buy-this-diwali_419439(dot)html

Regards,
Jashn...

dear nadhi,

i think u mean the power utlities sector - elctrical transmission,transformers cables, the one subsector to benifit the most from acute power shortage. Diamond cables has both sides cables and transformers to it, should benifit a lot. Also i found ramsarup (huge integrations, carbon credit story), cords cable, jyothi cables very good in outlook and valuations. GPIL results ..well :)-

Cheers
jashn
...

dear nadhi,

how precisely and succinctly summarised... :)
i had earlier burnt my hands on some nasty stocks, and ended up loosing a lot of good opprtunities and more, having got tied up in real duds :)- .thats made me realise the inherent benifits and advantages of building a majority of portfolio ( 2-4 stocks) with such kind of undervalued/ beaten down stocks, where the fundamentals are solid, technicals are true to pattern and more or less correlating well the past and present developments in the stock clearly and simply, and with inherent business strengths to bounce back from setbacks( could even be in the form of very good adequacy of capital/investments etc),good products/services lines, managment, OPMs,low debt levels, and more importantly, doesnt follow the volatile behaviours of sensex.( that way, a lot less worry and bother, i felt). Paramount fits that pattern well.
Mostly ,i feel such stocks may take their own time to give multibagger type returns, but safety and low downsides make them ideal for protecting one`s core holdings, i believe.These safe and steady ones perform far better in the long run due to their low betas.. this one fits the bill perfectly. March-may/june certainly was a good time to have taken advantage of such midcap and small cap gems.those who must have done so, really lucky. times seem to have changed a lot since then.
i did find sicagen to be in this category, and so i`d picked good quantity of it to make it my top holding, along with 2 others of this type. however, i have to agree that currently i dont know of any other stock like this with so much of safety (bec results wise, it has bounced back in an unexpected way) and steady upsides at this price level( most i know of have advanced and at least doubled).

Actually, in 2007, if i`m not mistaken, tarus starshare fund was a similar example. It concentrated 33% of its portfolio in one stock , believing in the inherent strenghts of the stock and sticking to it boldly( jaiprakash associates or prakash industries, i dont remember).But results were splendid, and the fund mgr won rave reviewsfor the unique approach, outperforming all the other funds by miles.

needless to say,i did pick up a few today :)- . I dont think it`ll fall much, but if it does, such type of stocks, every dip would be a buy opportunity i guess.

Regards,

jashn ...

Dear Nadhi, Kalyanmitta,

thanks for sharing.It seems to be a safe stock to enter at cmp, for good steady returns.having gone through a bit more of info on the same, i`ve changed my views to a long term hold, for a target of 45 rs min. i`ll pick a bit now itself :)-
Cheers
Regards,
Jashn Sarvi...

Hi KM,
The consolidated Results have been really good, and seems a great buy at cmp. there`s a lot of bullishness in the scrip now. losses of previous FY has almost fully been covered in this qtr itself!

--------
excerpts from notes of accounting, Q2 fy10 results:-

Consolidated financial results include unaudited financials of AEI Cables Ltd, United Kingdom and Paramount Holdings Ltd, Cyprus the wholly owned subsidiaries of the company. The share of Profit in Paramount Wires & Cables Ltd, in which the company holds 44.49% Equity Shares would be recognised at the end of the accounting year.
4. During the 2nd quarter, the company has repurchased 1700 foreign currency convertible Bonds (FCCBs) of the face value of USD 5000 each at a discount, pursuant to RBI circular AP (DIR Series) Circular No. 39 dated December 08, 2008 and AP (DIR Series) Circular No. 58 dated March 13, 2009 related to buyback/ prepayment of FCCBs. This has resulted in a writeback of Rs. 2346.12 lacs (Net of write off FEMITDA related to repurchased FCCBs Rs.218.64 lacs) which has been reflected as exceptional item. 5. Pursuant to changes made in AS-11 vide Companies (Accounting Standards) amendment rules 2009, during the quarter foreign exchange difference arising on long term foreign currency monitory items - FCCBs has been adjusted with cost of fixed assets and in other cases the same as been accumulated in `FCMITDA` the financial results for the quarter ended September 30, 2008 do not incorporate the above change
--------------------------------------------...

mate,simple point to note - there has been no change at all in fundamentals of the stock :)- many quality mid caps and small caps are getting hammered.stock has corrected 27% already. Fundamentals are rock solid. Results coming in two-three weeks time,buy more in dips is recommended, for averaging cost down. dont bother about a few points up/down if you have invested for medium to long term of between 0.5 to 2 yrs. In fact, you are getting a stable, growing, expanding, profit making business of bookvalue 90 at near face value rs 10 at around 11rs flat, which is doing around 400Cr of business annually,along with huge investments.Further, company doesnt have any operational cash flow concerns,with big reserves.
do keep a look out for expected results improving q-o-q. Fair value as per some analysts comes to 50 -60rs. Fill it up and forget it :)- Come august 2010 (FY10E) results and in all probability, one cant even lay hands on such stocks for rs 28 also - if market is going that way.This is a multibagger stock, and like all multibaggers, patience is the key.

However, dont invest all you hard earned money in any single stock , not even in bluechips.
Happy investing
Jashn...

On a lighter note, even the annual report was very tempting :)-
...

Compact Disc is in fact,one of the 12 equity master hidden treasures picks of the past year, dont know if they`re still covering it though. No better time to buy this stock, in fact it hasnt fallen much even though its circuit filter is a bit scary. But the annual eps of 40rs makes it a risk worth taking, with the incentive of possible 40% buyback looming. One of the best counters for the short to medium term, fundamentally very sound.
Dont bother about the circuit filter,which is keeping most investors away.Future is bright.Ready for immediate take off.
Happy investing,
Jashn...