one fund is exiting panacea slowly. Thats why we have bearish trend here....

Copying the beckons note from my free site(arunthestocksguru.c0m) and pasting it here.Posted it before but added few more stuff ths time. Scripscan:Beckons Industries Ltd BSE code:531937 cmp:11 Story:Lot of people suddenly are going gung-ho in the above mentioned counter.So is it worth paying all the attention?Lets check out folks. a)The company presently undertakes the manufacturing of computer stationary and other peripheral items on commercial basis.This business of the company is still passing through and acute recessionary state due to the change in technology and decrease in demand of continuous computer stationary.Due to the change in the use from Continuous Computer Stationary to that of cut sheets and as introduction of modes of computer peripherals,the existing business of the Company is being continuously effected since last many years.The company has been trying its best to explore the alternative use of the available plant and machinery but no positive results are up-coming.Since the company has entered into long term contracts and arrangements with Government sectors whereat for billing and other purposes the continuous computer stationary is being used, it has become compulsion to continue with the existing business even though with no margin. b)The other segment i.e. Bio fuel (The renewable energy), the 1st Phase of research and development work on Algal Technology i.e. prototype has been completed and work on II nd phase of its Demonstration and validation is still going.Its production stuff and algae has been frequently discussed so am not penning about it but my issues are:- 1)Some people are hyping about the great growth story another reason being Deutsche bank which owns a lot of stake in the company thanks to conversion of its GDR.It should be prudent to note that the same bank is the leader in P-notes segment and am pretty sure the investment in beckons relates to that.Theres no point about such a gigantic bank taking stake in a tiny company which is yet to evolve.As we all know black money moves out from our country gets channelised only to come back using this participatory notes as a vehicle. 2)Am told the management own 7-11% stake in the company.Huuh,11% stake is a pity.The management would get salary whether they holds any stake or not,with higher stake they works harder as price increases they would be the biggest beneficiary.With such a meagre stake they may not care to work that diligently.Also,Under India`s companies law, an entity holding 26% plays a crucial role in influencing board decisions and virtually enjoys management control.So if the company has such a great future why other companies are not coming to acquire it?So many cash rich companies are hungry for small companies with robust future.Honestly,beckons is an easy acquisition candidate anybody can acquire it,But why would they?I am not bullish about it,neither convinced about the management as they came in this algae arena just few years ago.The core business has been stagnant for years,they couldn`t make it big.So many reasons to refrain from making an investment in it. Regards, ARUN...

The report dt 15th,March,2010 in Business Line about Mega solar projects makes for interesting analysis of the future of the solar power sector.I reproduce below excerpts of the same. " Govt counts on PSUs to drive mega solar projects : Feasibility study under way for setting up plant at Leh, Kargil.Green energy thrust ONGC to start off with a 10 MW solar PV plant with plans also for a solar thermal project NTPC takes up grid interactive 15 MW solar thermal-based projects at Anta in Rajasthan The Centre is counting on the public sector brigade to execute capacity on large-scale grid connected solar power projects. ONGC, NHPC, BHEL, and NTPC are among the front runners. Hydrocarbon major ONGC is looking to start off with a 10 MW solar photovoltaic (PV) plant, with plans for a solar thermal project also on the anvil. Official sources told Business Line that “the company is exploring sites at Goa, Rajasthan and Gujarat for its solar PV project.” “The company has already appointed a consultant for the purpose,” an official said, adding that “ONGC Energy Centre has launched research projects in several new alternative sources of energy, including solar thermal projects”. NTPC Ltd has also readied a roadmap to enter solar power generation business for capacity addition of 301 MW by March 2014. 190 MW will be added through solar thermal technology and the balance 111 MW through solar PV technology. As a first step, grid interactive 15 MW solar thermal-based projects are being taken up by NTPC at Anta in Rajasthan, which is the first of its kind in India. With deployment projects being prioritised in areas where grid connectivity is not easy, the Government is working on plans to use solar energy.A group, comprising officers from BHEL, NHPC, and Central Electricity Authority (CEA), has been asked to prepare a feasibility report. The group will identify sites for installation of solar photovoltaic plant at Leh and Kargil. The Government has proposed setting up solar, small hydro and micro power projects at a cost of Rs 500 crore in the Ladakh region. The Expenditure Finance Committee (EFC) has already considered the proposal of the Ministry. It is now in the process of moving the Cabinet. “We hope to start implementing the project from June. The project will be implemented in three years,” an official said. The plan envisages 30 small/micro hydel projects aggregating 23.5 MW capacity, setting up of about 300 SPV power plants of 5-100 kW capacity, 2,000 SPV home lighting systems and about 40,000 solar thermal systems such as water heating, solar cookers and solar green house. MY COMMENTS : With Government now coming out with concrete measures to promote solar energy, the solar energy plant manufacturing Units in India are likely to benefit in the medium to long term considerably. We will need to watch out their progress and make our own investment decisions....

This company inspite of good prospects never catches the market fancy, a dull scrip with just a couple of guys waiting for Godot!!...

Daily news and analysis dnaindiacom/money Cheers Pavan Kumar...

Q - By Satish Gupta of ht(tp:/)/ww(w)astrostocktips.)in Today’s planetary position - Moon will be transiting in Capricorn, Debilitated Mars in Cancer. Ketu in Gemini, Retrograde Saturn in Virgo, Rahu & Pluto in Sagittarius, Sun, Jupiter, Mercury & Neptune in Aquarius, Venus & Uranus in Pisces. UQ - One shall remember Sun in Min rashi which denotes Steel sector will dow within next 3-4 days.. Stcks starting with "T " AND " "S" shall be watched on Weekly Resistance levels to Short...... AStro is not a cup of tea is every one. however, this is what I know something...I can post Shorting levels of Tata Steel, JSW Steel AND Sesa Goa.. However, every one can get Res levels of 5DMA very easily.. If you want that level, read my article... for all three stocks... --SK--...

thanks for the info......

The World Health Organisation (WHO) and the UNICEF have suspended the use and purchase of Shan5 vaccine from Sanofi Aventis-owned Shantha
Biotechnics, pending a quality investigation which threatens a three-year contract worth $350 million.
The investigation follows complaints from Colombia, Nepal and Comoros, an Indian Ocean island off Mozambique coast in Africa. These countries have said a white sediment from the vaccine sticks to the glass. This has been observed in some batches of the vaccine despite stirring, leading to suspicion about the quality of the drug.
This had sentimental impact............on panacea stock also. i expect a recovery very fast....

panacea is buy right now...

book profis and exit wipro. buy tata elxsi....

buy back may start any time soon.........! I guess may be be this week it self....

yes 650 percent jump in advance tax figures and remained at 1 st position. Sure we can expect 150 in six months - one year time frame....

thanks................

wait for just six months, you will see the fancy.........!...

i see strong support at 165 , I expect it to perform well. macquire and swiss finance corp have bought big qnty in amtek auto. Any way a best fundamenall buy price.
I say a buy for longterm investment....

Dear pavan kumar and tilak sharma,
If Serum inst, Panacea, bharat bio and cadila come out with 50,50,50,10 mn dose per annum..........

how much will be in total ?

maximum 200 mn doses. means 20 cr.
what is the indian population ?!

first of all you say people will go for this or not?

i am sure , nobody wants to take risk and this will create shortage.

at least 20 mn dose * 200 rs = 4000 mn. I remained too much coservative and expected
2000 mn revenues for panacea from this vacccine.
Thanks....

I think it will be maximum 30 crs.
Any way adequately covered by insurance.

I expect EPS to be at 50. I guess it will be 250+ soon....

see what the MD saying today......!

We expect to get $300—400—million in topline over the next three—years, and every year after that we intend to keep doubling it,” Tata Elxsi Managing Director, Madhukar Dev, told reporters here.

Source: businessline

What i said earlier.?
it is best to bet on tataelxsi in IT sector, which will sure give best returns. Calculate,400*50=20000 mn
Presently it has recorded 400 crs and future expectations are 1500-2000 crs.
great.......!...

no i won`t buy reliance even if it falls to 300 levels. Yes its a sell......
even they are going to loose case and may have to pay heavy price....