I would suggest to wait and see the 3G spectrum auctions. Once we know who is getting how much probably new/enhanced VAS service would be needed/demanded for 3G and then OnMobile share might go up. ...

I am holding Cairn for a year now and studied the b/s also...only thing which is little worrisome is the quality of crude, which is more waxy and needs special refining technology, and therefore price realisation is a tad lower...otherwise Rahul Dhir and his team are doing a commendable job...It will scale up real big (probably put up a refinery), if you are ready to wait... ...

my target is 600 on 2011, im sure this is be acheived...

Yes one more inside positive news is that Baddi plant got USFDA approval also..yet news has to be come out through prper channel....

It is sure that panacea records minimum 25 Rs EPS for 2010-2011. Hence i expect a 500-600 range for 2010-2011....

Dear Friends, It was said on various occasion since Aug 2009 that above 9625 Dowjones will see level of upto 10365-10600. Yesterday we saw Dowjones hitting intra day high of 10341.97 almost bang on target therefore hitting the BULLS EYE. Regards, Manish Bothra, Money_Mystery, Kolkata....

The bulk deals today at 242 levels is a level below which one shud enter this stock 230 is a heavy resistance Accumulate below on every dip this Marvel market will be seing downside next two-days 80points shave-off on Nifty to be seen 4820 levels can be seen if nifty break 4900 intra tomorrow...

Hi BP GUPTA,
I have 500 shares of onmobile global at an average price of Rs527. This stock big loss making candidate in my portfolio. But i am worried about it. Because i know it will be best stock in my portfolio in next 2 to 3 years. I am a conservative investor. I don`t take such a risk normally. But i strongly believe in growth story of Telecom VAS services in India. It is yet to take full momentum. Onmobile is very well placed to capture the market in next 5 years. If you are a long term investor then hold on to it and accumulate more if you can. Otherwise you can wait until April next year. By April or June next year it may touch Rs600 again. I will buy more if it goes down below Rs350. ...

I don`t know about 300. It may take a while to reach that. But in one or two months it will reach 180 - 190 - 200. ...

FEDERAL BANK

RESEARCH: CITIGROUP

RATING: BUY

CMP: Rs 228

Citigroup maintains `Buy` rating on Federal Bank. Federal`s Q2FY10 profits were 20% below estimates largely due to asset delinquencies and higher loan-loss charges. Fundamentally, it was a mixed quarter with the gains offset by its continued high asset deterioration. Federal`s increasing loan losses overshadowed an otherwise good P&L - NIMs expanded 38 bps q-o-q and fee growth appeared to revive with a 20% q-o-q rise. Pre-provisioning profits increased 24% q-o-q. Federal`s loan growth increased sharply and management targets 25-30 % for FY10E - well above industry levels. Federal`s slippages have increased sharply and meaningfully increases its leverage to the macro outlook given its mid-market focused loan book. High coverage levels (83%) however, provide some downside cushion. Citigroup expects the stock to remain weak in the near term - however, the downsides will be limited given Federal`s : a) Large capital base (17% Tier 1 ratio); b) Niche positioning ; and c) Relatively inexpensive valuations (0.7x 1-year fwd P/BV) - the cheapest amongst Indian banks. ...

I don`t think it will make big difference in short term. End of the day it all depends on how PSU is performing in terms of revenue and profit. Of course some more public can hold the stock in PSUs and if that PSU is doing good then more people will benefit compared to now....

You are right. That is why probably this was highly recommended by peopl in banking industry in the past. But it doesn`t look like it will continue that kind of growth going forward. Anyhow still i think it is one of the very well managed private banks. There won`t be much increase in stock price in near term. I am holding this mainly because i liked their annual report actually. Felt like they try to give all information to share holder. I will hold until next april and decide whether to shift to any other private banks or PSU banks like Andhra Bank/BOB....

I have started accumulation at Rs130. I think it will give good returns in long term....

This stock is travelling between Rs150 and Rs200. Will it cross Rs200 reach and travel between Rs200 and Rs300 in near future?...