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Moneycontrol >> Messageboard >> Stocks >> Assam Company
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Assam Company

Belongs to: Plantations - Tea & Coffee
BSE: 500024
NSE: ASSAMCO
10.00  -0.5 (-4.76)
Volume: 134076
What is your trading strategy on Assam Company?
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Buy
 67%
Sell
 17%
Hold
 17%
Total no. of Votes : 6  
Buy, Sell or Hold? 20 comments
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01 Jan 2009 08:10

25 % in a week

Posted by : Rattian
Price when posted : BSE: Rs 9.66 ( 5.00 % ), NSE: Rs. 9.80 ( 5.38 % )
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Buy assam company. Target price Rs 20/-...

In reply to:

25 % in a week

Posted by : devender.rv

Hey Guys

MEGA rally is going to happen in this GEM. Its almost hit upper circuit every day for the past 5 trading sessions. ie Rs 7.7 to 9.6
This will continue till it reaches 25+

Dont miss this rally.

23 Dec 2008 20:04

Canoro Updates Operations and Future Plans

Posted by : JFA
Price when posted : BSE: Rs 9.60 ( -3.23 % ), NSE: Rs. 9.65 ( -2.53 % )
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Dec 22, 2008 18:27 ET
Canoro Updates Operations and Future Plans
CALGARY, ALBERTA--(Marketwire - Dec. 22, 2008) - Canoro Resources Ltd. ...

23 Dec 2008 14:28

NSE Announcements on Assam Company

Posted by : MMB Messenger
Price when posted : [Assam Company - BSE:Rs. 9.55 NSE:Rs. 9.65 when posted]
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Assam Company Limited has informed the Exchange regarding the latest business development in the operations of the Companys Oil and Gas division. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

23 Dec 2008 13:01

BSE Announcements on Assam Company

Posted by : MMB Messenger
Price when posted : [Assam Company - BSE:Rs. 9.70 NSE:Rs. 9.75 when posted]
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Assam Company Ltd has informed BSE about the Corporate Annoucement in respect of the latest business development in the operations of the Companys Oil & Gas Division :

"Assam Company Ltd expands its Exploration & Production asset portfolio by adding one more Block - AA-ONN-2005/1, the only Block in Assam Arakan basin offered under NELP-VII. This Block was won by the company along with Oil and Natural Gas Corporation Ltd (ONGC) and Oil India Ltd (OIL). The Company has signed Production Sharing Contract with Ministry of Petroleum and Natural Gas on December 22, 2008 along with the other consortium members, ONGC and OIL. The company has 10% participation interest in this Block. ONGC is the operator.

This Block covers an area of 363 Sq. Km. and has high prospect of oil and gas reserve having located in rich Basin area. With the addition of this Exploration & Production asset base, the company looks forward to grow faster in its existing oil and gas business."...

22 Dec 2008 21:25

Please be aware of self-claimed analysts like kukku

Posted by : K.N.Pillai16968
Price when posted : BSE: Rs 9.92 ( 0.92 % ), NSE: Rs. 9.90 ( 0.00 % )
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Thank you enam calling, Let us not make this forum of moneycontrol a place for mudslinging each other.If somebody gives a recommendation if anybody is satisfied let them take it or otherwise let him discard it. Like that let all be free to give their opinions and if some body doesnot want let them discard and turn away.Let us leave it it be to freedom of the individual....

In reply to:

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling

This is classic example how self-claimed analysts misusing internet and google and yahoo forums. ASsam co rs 1 paid stock heavily market by kukku picks after Jan-march 2008 correction at every price(just like his other offloading story)petty is that he doesnt give his name also. our Moneycontrol is far better as it is accessible to counter such fake calls

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kukku picks View profile
*Assam company - The company, which is the oldest tea company in the world, has also entered in to oil & gas exploration business few years back. oil, tea, power and special economic zones as focus areas for the company at present. in tea business The sales realization at Rs.86.50 per kg in 2006 was better than the previous year`s Rs.76.28 per kg - this happened after a period of 4 years almost, when the tea market trends have been very unfavorable . current tea prices are still better by 10% compared to previous year With a vision of increasing exports further, the Company would be able to improve upon its price realization and a target of higher Orthodox teas production would also help towards it. management is looking at inorganic growth in the oil and gas sector, including acquiring assets overseas. We will need to go for capital raising to finance these projects. As part of its plans to expand the tea business, the company is mulling to set up more tea bars (joints retailing ready to-drink tea). company plan to have 100 tea bars in 3 years from 8 now as per presse release of few months back. Of the 8 tea bars that the company currently operates, seven are in Kolkataand one in Mumbai. The tea bars, operating under the name Camellia, will be set up under both company and franchisee-owned models. Assam Co recently started producing oil condensate and natural gas from the Amguri field in Assam. for they year ended dec 07 company reported total sales of rs 151 cr ag rs 149.5 cr while net profit went up to rs 10.45 cr from 7.45 cr on equity of rs 30.46 cr. outlook is encouraging as current tea prices are firm & outlook for oil & gas exploration industry is good. stock having reacted from the high of rs 57 to current price looks very attractive at current price. investors can take 1/3 of qty at current levels & remaining on reactions around 24/25. * -- From:

22 Dec 2008 19:43

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling
Price when posted : BSE: Rs 9.92 ( 0.92 % ), NSE: Rs. 9.90 ( 0.00 % )
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Aim was to alert investors from self-claimed analysts like kukku...

In reply to:

Please be aware of self-claimed analysts like kukku

Posted by : nightowl

SO WHAT??? I MEAN IF OUR EMAILS ARE KNOWN.... most old boarders know them anyway, so does money control , and has known so for a long time... does that matter...

22 Dec 2008 19:12

Please be aware of self-claimed analysts like kukku

Posted by : nightowl
Price when posted : BSE: Rs 9.92 ( 0.92 % ), NSE: Rs. 9.90 ( 0.00 % )
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SO WHAT??? I MEAN IF OUR EMAILS ARE KNOWN.... most old boarders know them anyway, so does money control , and has known so for a long time... does that matter......

In reply to:

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling

This is classic example how self-claimed analysts misusing internet and google and yahoo forums. ASsam co rs 1 paid stock heavily market by kukku picks after Jan-march 2008 correction at every price(just like his other offloading story)petty is that he doesnt give his name also. our Moneycontrol is far better as it is accessible to counter such fake calls

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kukku picks View profile
*Assam company - The company, which is the oldest tea company in the world, has also entered in to oil & gas exploration business few years back. oil, tea, power and special economic zones as focus areas for the company at present. in tea business The sales realization at Rs.86.50 per kg in 2006 was better than the previous year`s Rs.76.28 per kg - this happened after a period of 4 years almost, when the tea market trends have been very unfavorable . current tea prices are still better by 10% compared to previous year With a vision of increasing exports further, the Company would be able to improve upon its price realization and a target of higher Orthodox teas production would also help towards it. management is looking at inorganic growth in the oil and gas sector, including acquiring assets overseas. We will need to go for capital raising to finance these projects. As part of its plans to expand the tea business, the company is mulling to set up more tea bars (joints retailing ready to-drink tea). company plan to have 100 tea bars in 3 years from 8 now as per presse release of few months back. Of the 8 tea bars that the company currently operates, seven are in Kolkataand one in Mumbai. The tea bars, operating under the name Camellia, will be set up under both company and franchisee-owned models. Assam Co recently started producing oil condensate and natural gas from the Amguri field in Assam. for they year ended dec 07 company reported total sales of rs 151 cr ag rs 149.5 cr while net profit went up to rs 10.45 cr from 7.45 cr on equity of rs 30.46 cr. outlook is encouraging as current tea prices are firm & outlook for oil & gas exploration industry is good. stock having reacted from the high of rs 57 to current price looks very attractive at current price. investors can take 1/3 of qty at current levels & remaining on reactions around 24/25. * -- From:

22 Dec 2008 16:12

Please be aware of self-claimed analysts like kukku

Posted by : chief_kamani
Price when posted : BSE: Rs 9.92 ( 0.92 % ), NSE: Rs. 9.90 ( 0.00 % )
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enam_calling-This may be good!!!...

In reply to:

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling

This is classic example how self-claimed analysts misusing internet and google and yahoo forums. ASsam co rs 1 paid stock heavily market by kukku picks after Jan-march 2008 correction at every price(just like his other offloading story)petty is that he doesnt give his name also. our Moneycontrol is far better as it is accessible to counter such fake calls

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kukku picks View profile
*Assam company - The company, which is the oldest tea company in the world, has also entered in to oil & gas exploration business few years back. oil, tea, power and special economic zones as focus areas for the company at present. in tea business The sales realization at Rs.86.50 per kg in 2006 was better than the previous year`s Rs.76.28 per kg - this happened after a period of 4 years almost, when the tea market trends have been very unfavorable . current tea prices are still better by 10% compared to previous year With a vision of increasing exports further, the Company would be able to improve upon its price realization and a target of higher Orthodox teas production would also help towards it. management is looking at inorganic growth in the oil and gas sector, including acquiring assets overseas. We will need to go for capital raising to finance these projects. As part of its plans to expand the tea business, the company is mulling to set up more tea bars (joints retailing ready to-drink tea). company plan to have 100 tea bars in 3 years from 8 now as per presse release of few months back. Of the 8 tea bars that the company currently operates, seven are in Kolkataand one in Mumbai. The tea bars, operating under the name Camellia, will be set up under both company and franchisee-owned models. Assam Co recently started producing oil condensate and natural gas from the Amguri field in Assam. for they year ended dec 07 company reported total sales of rs 151 cr ag rs 149.5 cr while net profit went up to rs 10.45 cr from 7.45 cr on equity of rs 30.46 cr. outlook is encouraging as current tea prices are firm & outlook for oil & gas exploration industry is good. stock having reacted from the high of rs 57 to current price looks very attractive at current price. investors can take 1/3 of qty at current levels & remaining on reactions around 24/25. * -- From:

22 Dec 2008 15:38

Please be aware of self-claimed analysts like kukku

Posted by : ramdeo agrawal
Price when posted : BSE: Rs 9.95 ( 1.22 % ), NSE: Rs. 9.90 ( 0.00 % )
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Enam, I can post lot of calls given by this idiot kukku .. retail public were trapped like anything due to his calls.but wat can be done? someone compalined in SEBI also but no use.. In india sab chalta he.But due to kukku picks id public will smart enough to save from his calls.

In fact kukku confessed that stock market is not his full time business..then why he need to give buy calls and advise?...

In reply to:

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling

This is classic example how self-claimed analysts misusing internet and google and yahoo forums. ASsam co rs 1 paid stock heavily market by kukku picks after Jan-march 2008 correction at every price(just like his other offloading story)petty is that he doesnt give his name also. our Moneycontrol is far better as it is accessible to counter such fake calls

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kukku picks View profile
*Assam company - The company, which is the oldest tea company in the world, has also entered in to oil & gas exploration business few years back. oil, tea, power and special economic zones as focus areas for the company at present. in tea business The sales realization at Rs.86.50 per kg in 2006 was better than the previous year`s Rs.76.28 per kg - this happened after a period of 4 years almost, when the tea market trends have been very unfavorable . current tea prices are still better by 10% compared to previous year With a vision of increasing exports further, the Company would be able to improve upon its price realization and a target of higher Orthodox teas production would also help towards it. management is looking at inorganic growth in the oil and gas sector, including acquiring assets overseas. We will need to go for capital raising to finance these projects. As part of its plans to expand the tea business, the company is mulling to set up more tea bars (joints retailing ready to-drink tea). company plan to have 100 tea bars in 3 years from 8 now as per presse release of few months back. Of the 8 tea bars that the company currently operates, seven are in Kolkataand one in Mumbai. The tea bars, operating under the name Camellia, will be set up under both company and franchisee-owned models. Assam Co recently started producing oil condensate and natural gas from the Amguri field in Assam. for they year ended dec 07 company reported total sales of rs 151 cr ag rs 149.5 cr while net profit went up to rs 10.45 cr from 7.45 cr on equity of rs 30.46 cr. outlook is encouraging as current tea prices are firm & outlook for oil & gas exploration industry is good. stock having reacted from the high of rs 57 to current price looks very attractive at current price. investors can take 1/3 of qty at current levels & remaining on reactions around 24/25. * -- From:

22 Dec 2008 13:44

Please be aware of self-claimed analysts like kukku

Posted by : enam_calling
Price when posted : BSE: Rs 10.20 ( 3.76 % ), NSE: Rs. 10.20 ( 3.03 % )
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This is classic example how self-claimed analysts misusing internet and google and yahoo forums. ASsam co rs 1 paid stock heavily market by kukku picks after Jan-march 2008 correction at every price(just like his other offloading story)petty is that he doesnt give his name also. our Moneycontrol is far better as it is accessible to counter such fake calls

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kukku picks View profile
*Assam company - The company, which is the oldest tea company in the world, has also entered in to oil & gas exploration business few years back. oil, tea, power and special economic zones as focus areas for the company at present. in tea business The sales realization at Rs.86.50 per kg in 2006 was better than the previous year`s Rs.76.28 per kg - this happened after a period of 4 years almost, when the tea market trends have been very unfavorable . current tea prices are still better by 10% compared to previous year With a vision of increasing exports further, the Company would be able to improve upon its price realization and a target of higher Orthodox teas production would also help towards it. management is looking at inorganic growth in the oil and gas sector, including acquiring assets overseas. We will need to go for capital raising to finance these projects. As part of its plans to expand the tea business, the company is mulling to set up more tea bars (joints retailing ready to-drink tea). company plan to have 100 tea bars in 3 years from 8 now as per presse release of few months back. Of the 8 tea bars that the company currently operates, seven are in Kolkataand one in Mumbai. The tea bars, operating under the name Camellia, will be set up under both company and franchisee-owned models. Assam Co recently started producing oil condensate and natural gas from the Amguri field in Assam. for they year ended dec 07 company reported total sales of rs 151 cr ag rs 149.5 cr while net profit went up to rs 10.45 cr from 7.45 cr on equity of rs 30.46 cr. outlook is encouraging as current tea prices are firm & outlook for oil & gas exploration industry is good. stock having reacted from the high of rs 57 to current price looks very attractive at current price. investors can take 1/3 of qty at current levels & remaining on reactions around 24/25. * -- From: ...

22 Dec 2008 12:18

Assam Co restates profits

Posted by : JFA
Price when posted : BSE: Rs 10.15 ( 3.26 % ), NSE: Rs. 10.20 ( 3.03 % )
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They have informed through sep 08 quarterly results that they have not made provision of Forex loss on FCCB outstanding ( FCCB is convertable in 2011)amounting Rs 18 crs. These are only provision and not actual loss. If $ goes back to 42, these will again added back to profit.
Now auditors have made adjustment in their accounts as per accounting standard issued by ICAI....

In reply to:

Assam Co restates profits

Posted by : The Fool.

The Report says they had forex losses.

21 Dec 2008 20:07

Assam Co restates profits

Posted by : The Fool.
Price when posted : BSE: Rs 9.83 ( -4.93 % ), NSE: Rs. 9.90 ( -3.88 % )
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The Report says they had forex losses....

In reply to:

Assam Co restates profits

Posted by : dhalpya

had the profit increased than declared people cld have taken it lightly, now is there any way to make the managment un derstand their wrong posting of accounts led many investors to incure further lossesi think in india its very easy to cheet,nothing wrong its intentional seems to be wthin managment game

20 Dec 2008 18:20

Assam Co restates profits

Posted by : dhalpya
Price when posted : BSE: Rs 9.83 ( -4.93 % ), NSE: Rs. 9.90 ( -3.88 % )
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Tracked by: 0 Boarder

had the profit increased than declared people cld have taken it lightly, now is there any way to make the managment un derstand their wrong posting of accounts led many investors to incure further lossesi think in india its very easy to cheet,nothing wrong its intentional seems to be wthin managment game...

In reply to:

Assam Co restates profits

Posted by : myself

such a wide margin in difference.
Any news on what went wrong ?

20 Dec 2008 13:25

Assam Co restates profits

Posted by : myself
Price when posted : BSE: Rs 9.83 ( -4.93 % ), NSE: Rs. 9.90 ( -3.88 % )
View full thread (5 messages)

Tracked by: 0 Boarder

such a wide margin in difference.
Any news on what went wrong ?...

In reply to:

Assam Co restates profits

Posted by : The Fool.

Following a review by its auditor Lovelock & Lewis, the profits for the quarter has been revised downwards to Rs 4.79 crore against Rs 24.65 crore declared earlier, the company said in a statement to the Bombay Stock Exchange.

18 Dec 2008 13:50

Assam Co restates profits

Posted by : The Fool.
Price when posted : BSE: Rs 10.15 ( 0.89 % ), NSE: Rs. 10.15 ( 0.00 % )
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Tracked by: 0 Boarder

Following a review by its auditor Lovelock & Lewis, the profits for the quarter has been revised downwards to Rs 4.79 crore against Rs 24.65 crore declared earlier, the company said in a statement to the Bombay Stock Exchange....

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News Updates on Assam Company

NSE Announcements on Assam Company - Assam Company Limited has informed the Exchange re...
BSE Announcements on Assam Company - Assam Company Ltd has informed BSE about the Corpo...
BSE Announcements on Assam Company - Assam Company Ltd has informed BSE that the nomenc...

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