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Balasore Alloys
Secret information Leaked @80 cool
Posted by :
beurselfTracked by: 0 Boarder
Sir,
it seems that oflate, you have been following this stock very closely. To be honest the fundamentals provided by you are a bit difficult to understand. So whats ur call on this stock...? I mean wat can one expect from balasore in coming days...?Also i have heard that the company suffered a good amount of loss this season on the basis of floods...? How true is it...?...
In reply to:
Secret information Leaked @80 cool
Posted by : pramod6_2
The prices of chrome ore and electric power have made up important factors in cost for production of ferrochrome, both of which have almost shared 70% of the total production cost, and this structure to be able to procure raw material and electric power by themselves and will lead to strengthen their competitiveness on production of ferrochrome. The real ability to produce ferrochrome at Balasore Alloys is expected to be strengthened to a substantial extent in 2 to 3 years later.
Many activities to expand the capacity for production of ferrochrome are being currently proceeded in India. In view of the restricted quantity of chrome ore to be supplied to domestic consumers, the action to object to exports of chrome ore from India has been seen. In order to control exports of Indian chrome ore, the Government of India has enforced the regulations, including imposition of export tax, prohibition of specified grade chrome ore, and so on. It is unlikely to be materialized that the government of India adopts the policy to prohibit exports of Indian chrome ore, but the exports of chrome ore from India are supposed to be in the direction to become severer.
In March 2007 when Mr Jena came to Japan, Balasore Alloys received TPM Excellent Award at Pacifico Yokohama and, in this year, the company will endeavor to receive the Level 2 Award, which requires the highest technology and competency in operations. Balasore Alloys is scheduled to produce 95,000 tonnes per annum of ferrochrome in 2008 and intends to export this ferrochrome to 26 countries in the world. The ferrochrome produced by Balasore Alloys has been highly evaluated by customers for reliance in its quality and stability on its supply. These real abilities in relation to the exports for Japan have been fairly appreciated by consumers in Japan. The annual contracts on exports of ferrochrome concluded in 2007 have been renewed for shipments in 2008.
Secret information Leaked @80 cool
Posted by : pramod6_2Tracked by: 0 Boarder
The prices of chrome ore and electric power have made up important factors in cost for production of ferrochrome, both of which have almost shared 70% of the total production cost, and this structure to be able to procure raw material and electric power by themselves and will lead to strengthen their competitiveness on production of ferrochrome. The real ability to produce ferrochrome at Balasore Alloys is expected to be strengthened to a substantial extent in 2 to 3 years later.
Many activities to expand the capacity for production of ferrochrome are being currently proceeded in India. In view of the restricted quantity of chrome ore to be supplied to domestic consumers, the action to object to exports of chrome ore from India has been seen. In order to control exports of Indian chrome ore, the Government of India has enforced the regulations, including imposition of export tax, prohibition of specified grade chrome ore, and so on. It is unlikely to be materialized that the government of India adopts the policy to prohibit exports of Indian chrome ore, but the exports of chrome ore from India are supposed to be in the direction to become severer.
In March 2007 when Mr Jena came to Japan, Balasore Alloys received TPM Excellent Award at Pacifico Yokohama and, in this year, the company will endeavor to receive the Level 2 Award, which requires the highest technology and competency in operations. Balasore Alloys is scheduled to produce 95,000 tonnes per annum of ferrochrome in 2008 and intends to export this ferrochrome to 26 countries in the world. The ferrochrome produced by Balasore Alloys has been highly evaluated by customers for reliance in its quality and stability on its supply. These real abilities in relation to the exports for Japan have been fairly appreciated by consumers in Japan. The annual contracts on exports of ferrochrome concluded in 2007 have been renewed for shipments in 2008.
...
In reply to:
Secret information Leaked @80 cool
Posted by : dakd
DEAR bullish 9000
Forget the joke. but last June Quarter financial results were very good as compader to earliar 4 quartes.if they maintain same level of revenue and profitability for the just ended september quarter price of this stock should move to 55 to 60 level.your coments please.regards dakd
Tracked by: 0 Boarder
DEAR bullish 9000
Forget the joke. but last June Quarter financial results were very good as compader to earliar 4 quartes.if they maintain same level of revenue and profitability for the just ended september quarter price of this stock should move to 55 to 60 level.your coments please.regards dakd...
In reply to:
Secret information Leaked @80 cool
Posted by :
bullish9000
hahaahha
what a joke in this kind of depressed mkts...
Secret information Leaked @80 cool
Posted by : bullish9000Tracked by: 0 Boarder
hahaahha
what a joke in this kind of depressed mkts......
In reply to:
Secret information Leaked @80 cool
Posted by :
maky1234
Secret information Leaked ... Balasore will soon be in 80 levels .... Massive bulk buying to resume soon.
Small Investors try ur Luck. But dont take my words for granted...
Secret information Leaked @80 cool
Posted by : beurselfTracked by: 0 Boarder
can u plz justify ur call...?
mkts not stabilizing, infact gaing dwn on daily basis. even m holding this stock from quite a long time frm now at levels of 70.
can u plz give ne time bound as to when can v see it at 80+ levels again. even the news of steel sector arent coming good.... even i WOULD LOVE TO C IT AT THOSE LEVELS.... ...
In reply to:
Secret information Leaked @80 cool
Posted by : maky1234
Secret information Leaked ... Balasore will soon be in 80 levels .... Massive bulk buying to resume soon.
Small Investors try ur Luck. But dont take my words for granted...
Secret information Leaked @80 cool
Posted by : maky1234Tracked by: 0 Boarder
Secret information Leaked ... Balasore will soon be in 80 levels .... Massive bulk buying to resume soon.
Small Investors try ur Luck. But dont take my words for granted......
BSE Announcements on Balasore Alloys
Posted by : MMB MessengerTracked by: 0 Boarder
Balasore Alloys Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008....
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