It could also mean that the promoters now have more shares to sell that this higher price. As I remember it, hey had got these warrants when the share price was Rs.22/Share. Its a huge profit...

Hi, I am agreement with chart guru to the extent Ennore will outperform NRE due to the huge expansion plans. Would also like to query chart guru on why he feels offensive abt the NRE promoters. But completely agree with j2eeprofessiona about NRE promoter story. And also agree can`t compare Austal to NRE as the story rightly mentioned. Cheers! Prakash...

Dear j2eeprofessiona !! Lets see who creates more wealth from here on, the JAGATRAMKAs(GUJ NRE) or SHRI RAMS(ENNORE).. Regards Chartguru...

Should be UC for the next two trading sessions! Cheers! Prakash...

Looks like things are +ve , we can not predict its stock market. But yes now they are under pressure from GOV to act soon with the extension , bayernoil becoming restless , investors getting tired....Its high time they have to act. More extension everyone will loose interest....

Correct the plant infrastructure will get completed by 2010 or 2011 start and production may start by mid of 2011. Thats defined in previous project targets of this company . Thanks , ...

hi j2eeprofessiona, Can you advise more on FC. what is FC ? and do you have idea when the old refinery will be dismantled....

why should it be on UC for next two trading sessions ?...

yes and when they had allocated their price was much less...and promoters are not traders that they sell their shares when the prices are up......

yes, true...but with the rising profits (as shown in the last two sequential quarters), this should still result in an higher EPS for the FY09...so a said...for long term investor its still positive......

normally if a company does not reply on a particular query that indicates a precursor to some big announcement....either positive or negative....w.r.t to the news article published it seems the news will be positive......

in a counter like cals technical analysis does not matter......

do not talk non sense...how can refinery start in 5 months when neither they have FC nor they have started dismantaling the old Refinery they have bought......

yea lets hope they get a good strategic investor...but in time this stock should come down and then will accumulate even more.......

yes and when they had allocated their price was much less...and promoters are not traders that they sell their shares when the prices are up......

if you wish to go you can... if you do call yourself a self-proclaimed watchdog who cares.... comments are taken in correct spirit only if given in correct spirit... investors when take a call stick to it for quite some time, because we take a call at our own risk after doing all the due diligence and research......rather than looking at share price every day and commenting and discouraging unnecessarily (just because you lost money) doesnt mean ppl will start valuing your -ve comments....get a life buddy......