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State Trading Corporation of India
STC cultivates jatropha overseas.....looking good...
Posted by :
nakulTracked by: 0 Boarder
STC cultivates jatropha overseas
10 july 2008
Our Bureau BANGALORE
THE State Trading Corporation (STC) has started trial cultivation of a bio-engineered, high-yielding variety of jatropha in Surinam in South America and is in talks to grow the crop in Indonesia as part of a move to raise output of the biodiesel feedstock. The export house is also considering tieups with aircraft makers to supply biodiesel derived from jatropha to be blended with jet fuel, CMD Arvind Pandalai said. Trial cultivation has started on about 100 hectares in Surinam and the plantation is expected to eventually cover some 50,000 hectares. STC has spent more than Rs 10 crore to develop new varieties which are rich in oil and grow faster than the conventional types. “We have been able to develop varieties which can be harvested in about eight months against the conventional four years. The bioengineering effort has also ensured that these new varieties have four oil-bearing pods instead of the normal three,” Mr Pandalai said. Besides the focus on biofuels from jatropha, STC is promoting export of many Indian commodities, including tea. The company is looking to increase the network of tea factories and expand its footprint in south India by sourcing from small tea-growers in Kotagiri in Tamil Nadu. STC has been buying about 60,000 kg of green tea every day from small growers to be processed at factories identified by the company nearby. The Tofah brand of CTC tea is being exported and has earned revenues of Rs 500 crore so far, he said. Some of the tea is also sold in the domestic market through the Gujarat Civil Supplies Corporation.
My Comments:
STC is a government owned biz .I usually do not follow PSU\'s as it is government decision sensitive.But seems here the management is working in right direction without any interference from the Babus....
Being a trading co they must also be having vast lands at prime location for warhousing and the above move to grow Jathropa is a master stroke by the Management.Cultivating Jathropa\'s in USA and Surinam needs a vision and that is what they are showing...... “We have been able to develop varieties which can be harvested in about eight months against the conventional four years.....\"These needs R&D ....which they have done.....
What other will need 4 years to grow Jathropa Plants, STC will be able to do in 8 months...that is a huge huge advantage.....then its peers...
The management seems very dynamic.....the future growth & Scalability is visible....... ...
they r back
Posted by :
shrpTracked by: 2 Boarders
todays pullback from the lows is significant from here i presume that the sensex will atleast attain around 16000,i will give you precise target if yu want,butif todays low is not pierced the target is 16000 but if todays low is pierced any time before atleast going above 15300 or for the matter of fact around 16000,then the support is around 13800,regarding your queries on kalindeerail and karturi network fundamentally both are good shares,kalindee will grow with expanding rail networks and karturi recently has acquired around 750000 acres of land for agriculture out of which 650000 ares will be acquired in 3 mths so quiet a big acquisition and agriculture accd to me will be the main mainstay of our economy(world) and so karturi is in the right slot and probably backed by the fiis will be an excellent pick but i will have a look at it technically and let yu know bye you send ne your email id i will respond to that then ...
In reply to:
they r back
Posted by : prashah
u r right even according to my calculations trgt for sensex is 40 k can u pls advice me on 2 stocks which i have recently purchased one is kalindee rail purchase price is 197 an karuturi global at 23.20 give me ur mail id an mayb v can have a good chat sometime thanks bye 
www.multibaggerstockadvisor.blogspot.com
Posted by : GuestTracked by: 0 Boarder
no body ould guide better then him really great to get associate to him...
www.financeandstockadvice.blogspot.com
Posted by : GuestTracked by: 1 Boarder
all profits has been drowned and the capital has started to wash out so proper guide is required to guide the proper entry and exit level.....
they r back
Posted by : prashahTracked by: 2 Boarders
u r right even according to my calculations trgt for sensex is 40 k can u pls advice me on 2 stocks which i have recently purchased one is kalindee rail purchase price is 197 an karuturi global at 23.20 give me ur mail id an mayb v can have a good chat sometime thanks bye...
In reply to:
they r back
Posted by : shrp
I think crude may turn around from may be $109.50-110 and may attain levels of around 124 before turning down and settling down to around $87-88,so you can expect an corrections in the markets when this levels of oil are reached,probably the cease fire betn georgia and russia may prove an excuse for the oil to drop a little below 110 but if it falls below 109.50 then the next support for it is $99, but I feeel $109.50 for oil and $800 for gold are strong supports and viceversa for the sensex and nifty but eventually sensex should achieve 20700 around mar-may2009 before reversing for the last time.
Ultimate targets for the sensex in next 5 yrs is around 45000 accd to elliot.Buy caustic soda,methanol mfg cos for the next multibagger spot
they r back
Posted by : shrpTracked by: 2 Boarders
I think crude may turn around from may be $109.50-110 and may attain levels of around 124 before turning down and settling down to around $87-88,so you can expect an corrections in the markets when this levels of oil are reached,probably the cease fire betn georgia and russia may prove an excuse for the oil to drop a little below 110 but if it falls below 109.50 then the next support for it is $99, but I feeel $109.50 for oil and $800 for gold are strong supports and viceversa for the sensex and nifty but eventually sensex should achieve 20700 around mar-may2009 before reversing for the last time.
Ultimate targets for the sensex in next 5 yrs is around 45000 accd to elliot.Buy caustic soda,methanol mfg cos for the next multibagger spot...
In reply to:
they r back
Posted by : prashah
thanks for ur reply see if ur theory comes right nobody wil b more than happy then the investors of stc i pray to god whatever u say may come true everybody knows crude is not going up due to fundamenal reasons money from equities has been shifted to commodities otherwise everybody is talking abt a slowdown an the why r commodoties going up there is no co-relation any way let me tel u am a fundamenatl investor not a tecnical guy i know stc is a very good script fpr the long term am stil holding close to 5000 shares at higher rates now it has just annunced a dividend of 30% ie 3 rs per share enjoy the dividend an stay invested thanks
www.multibaggerstockadvisor.blogspot.com
Posted by : GuestTracked by: 0 Boarder
stock is good but without backing of expert to guide entry and exit level its touh tom take home profit...
STC DIVERSIFYING BIOFUELS-MINNING-POWER
Posted by :
anilkumarbajaj5Tracked by: 0 Boarder
As declared by the company in a Hindustan Times Delhi eddition on 05.08.2008 that STC is in Bio Fuels and Start Minning and Power......this diversification will give LONG TERM relif to Investor and increase the Profit years to come...
www.multibaggerstockadvisor.blogspot.com
Posted by : GuestTracked by: 0 Boarder
stc has snatched away all the accumulated profit along with the investment as most of traders were considering themselves expert and felt hardly to be guided by any advisor...
STC announces 1st quarter Result
Posted by : GuestTracked by: 0 Boarder
STC announces 1st quarter Result, Snippet :- 53 % Jump in Revenues and 47 % increase in net profit. Awesome Company.. buy.. buy.....
www.multibaggerstockadvisor.blogspot.com
Posted by : GuestTracked by: 0 Boarder
stock like stc could be bought as multibagger by market rumours but could one investor really take away the profit at home ---- the answer is no as they keep waiting for the stock to rise and one fine morning the stock start falling and the fall is so high that it not only wash away the acrued profit but also deduct there principal investment thereby making the investor feel like exploited this is the exact cause why we need expert behind us to guide in this teriffic market who tell us when to enetr and when to book profit so that our accrued profit may be redeemed....
they r back
Posted by : prashahTracked by: 2 Boarders
thanks for ur reply see if ur theory comes right nobody wil b more than happy then the investors of stc i pray to god whatever u say may come true everybody knows crude is not going up due to fundamenal reasons money from equities has been shifted to commodities otherwise everybody is talking abt a slowdown an the why r commodoties going up there is no co-relation any way let me tel u am a fundamenatl investor not a tecnical guy i know stc is a very good script fpr the long term am stil holding close to 5000 shares at higher rates now it has just annunced a dividend of 30% ie 3 rs per share enjoy the dividend an stay invested thanks...
In reply to:
they r back
Posted by : shrp
take an eg of rohit ferrotech the elliot target for it was 109 on the lower side but it breached it with lowvolumes and drifted to 105 but bounced back to 159 and thetarget for it is 205 so slight eror is granted same way stci has made multiple bottoms around 215-225 and from their it has bounced back and got off the declining chanel and showed a break out yesterday it came down to touch 300 and bounced back as the previous top of 299 has proved a support for it so as long as in mid term it doesnt breach 299 and then ultimately 215 it will go up and touch the target of 1400. it did come so law as they were in extended 5th wave as the oil has been now as the extended 5th wave was between $145-152 and now it will fall drastically to $72-74 as the same case was in the case of sensex as now if the sensex manages to hold to the bottom of 12500 and doesnot breach it the target for the sensex by may 2009 is that it will breach the old top of 21000 before comming down and if you can corelate all above facts they show inverse corelation amongst themselves(ie crude and sensex)i hope you got what i want to say
worst scrip
Posted by : GuestTracked by: 0 Boarder
huge loss came. i removed from my portfolia.go for some fundamentally strong and low vallutations scrip...
Tracked by: 0 Boarder
worst is not yet over.sell sell...
they r back
Posted by : shrpTracked by: 2 Boarders
take an eg of rohit ferrotech the elliot target for it was 109 on the lower side but it breached it with lowvolumes and drifted to 105 but bounced back to 159 and thetarget for it is 205 so slight eror is granted same way stci has made multiple bottoms around 215-225 and from their it has bounced back and got off the declining chanel and showed a break out yesterday it came down to touch 300 and bounced back as the previous top of 299 has proved a support for it so as long as in mid term it doesnt breach 299 and then ultimately 215 it will go up and touch the target of 1400. it did come so law as they were in extended 5th wave as the oil has been now as the extended 5th wave was between $145-152 and now it will fall drastically to $72-74 as the same case was in the case of sensex as now if the sensex manages to hold to the bottom of 12500 and doesnot breach it the target for the sensex by may 2009 is that it will breach the old top of 21000 before comming down and if you can corelate all above facts they show inverse corelation amongst themselves(ie crude and sensex)i hope you got what i want to say
...
In reply to:
they r back
Posted by : prashah
can u give me some more examples of where ur elliot wave theory has worked an whats the time frame i mean to say the moment this script starts going up all these experts who were silent start giving trgts an buy calls with no addtional info i agree it is a good script an a longer term investment wil give good returns secondly it is a govt company where the govt itself holds close to 90% problem is once bullish calls start comin the script doesnt go up stay invested for long term an pls elaborate ur theory in detail u can also mail me at prashant shah 16 at hotmail dot com thank u
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