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fake sellers everyday

Shree Precoated

Posted by : SHAL
Price when posted : BSE: Rs 15.45 ( -1.28 % ), NSE: Rs. 15.40 ( -2.22 % )

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the operators r big time jhoolers .... this script will start rolling as soon as the circuit filter is changed to 5 or 10 % .... this is a circuit driven stock by history ....

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fake sellers everyday

Posted by : sodhan

shree precoated there is accumulation by operators and they have lot of patience.spurt may be there any time but timing is difficult.

Downturn made valuation of LyondellBasell Attractive

Reliance

Posted by : moon 1
Price when posted : BSE: Rs 2178.30 ( -0.78 % ), NSE: Rs. 2181.00 ( -0.64 % )

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RIL`s offer to acquire majority stake in global petrochemical giant LyondellBasell (LB) is different from previous big overseas
acquisitions by Indian companies, which created financial troubles for them.

The earlier mega deals like $12.2 billion of Corus by Tata Steel, $6 billion of Novellis by Hindalco and $2.3 billion of Jaguar Land Rover by Tata Motors have proved a huge drain on resources for the Indian giants.

In most of such deals, sizes of the acquiring companies were smaller than acquired companies. Acquiring companies leveraged balance sheets of acquired companies to fund the transactions, which created problems, with global economy slipping into recession, a senior merchant banker said.

But in case of RIL, the situation is different. According to Goldman Sachs, the main advantage is that after the downturn, LB has filed for bankruptcy in US which has pulled down its enterprise value to around $12 billion. Against this - in 2008 - when the equity market was booming, the market capitalization of LB was $55 billion. So, in 2008, a bid would have cost RIL a minimum of $55 billion.

Also, RIL need not leverage LB`s balance sheet to raise funds to finance the deal. According to equity research firm CLSA, RIL is adequately funded with $4 billion in cash and $8 billion in treasury stocks. The company can also raise debts on its own balance sheet.

Merchant bankers feel that the size of the deal should be around $12 billion. Therefore, the actual cash outflow of RIL will depend upon the quantum of stake it buys. CLSA said if RIL acquires 51 per cent, cash outflow will be around $6 billion, which the company can easily fund.

CLSA said $14-$15 billion would be a fair enterprise value for LB. But, a safety margin is needed to discount the chance of a persistent downturn and environmental litigations. Therefore, it felt that the acquisition would be positive for RIL if the enterprise value remains below $12 billion.

Goldman Sachs said that the deal would give RIL access to LB`s distribution network in Europe and US and will also improve its presence in the Middle East through LB`s upcoming low-cost olefin capacities. LB has the world`s largest capacity in polymers (11.3 million tonne), the fourth largest ethylene capacity (6.5million tonne) and has leading positions in chemicals and oxy-fuels, besides owning two refineries in Houston and France.

LB also has a strong technology franchise that brings in $300 million in annual EBITDA (earnings before interest, tax, depreciation and amortization), from poly-olefins licensing and catalysts.

Credit Suisse in its report said LB has large petrochemical capacities, a good technology portfolio and JVs in the Middle East. RIL`s petrochemical business is mostly India-centric. The credit Suiss report said that faster petrochemical growth for RIL requires access to global markets which LB provides in large scale...

Where is Mr. Ram Bhole

Cals Refineries

Posted by : Bist
Price when posted : BSE: Rs 0.51 ( -3.77 % )

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DAMN can we reply in some other note , highligting Mr Ram`s name does not make sense.

Hi Les,

Correct me...Are you saying they did not pay salaries. Yes the extension is not a good note. And really not sure how much is the extension....

In reply to:

Where is Mr. Ram Bhole

Posted by : les

dear bist, on 23rd there was an announcement from the company regarding extending the guarantee period to procure the first instalment of loan. I also heard that they have paid the salaries of the employees for three months.

Newsmaker: Abhey Oswal

Oswal Agro

Posted by : basit222

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In the 1980s, Abhey Oswal enjoyed the status of the next Ambani. For some time, he appeared to be living up to it. He made significant acquisitions—ICI’s plant near Kolkata, Union Carbide`s in Mumbai, Jagatjit Industries` sugar mill in Punjab — and got into run-ins with the establishment (income tax raids have been reported at his offices and residences).

However, Oswal, having rechristened his Bindal Agro Chem Ltd as Oswal Chemicals & Fertilisers in 1995, later decided to focus on fertilisers and started getting out of other businesses such as sugar, vanaspati and rice.

Things were going well as the company set up the world`s largest grassroot phosphoric acid plant (the Ambanis are credited with the world’s largest grassroot refinery) in Paradip, Orissa.

Phosphoric acid is in short supply all over the world and crucial for the company`s di-ammonium phosphate unit at the same location. The DAP unit started commercial production in April 2001 with an annual capacity of 1.77 million tonnes of DAP.

However, it never achieved its full capacity utilisation “due to technical and managerial reasons”, averaging well under a million tonnes a year. That, according to director-finance Ranjan Sharma, upset all calculations for the plant, built at a capital cost of Rs 2,400 crore.

It did not help that DAP does not enjoy an assured return on the basis of government support, as urea does (12 per cent, post-tax). DAP plants have to be competitive on an import parity basis.

Finally, last Sunday, it was revealed that the plant was being sold to Indian Farmers` Fertiliser Cooperative for Rs 2,180 crore.

Now, Oswal will concentrate on his urea plant in Shahjahanpur, Uttar Pradesh, which was set up with a capital outlay of Rs 1,368 crore and can churn out 850,000 tonnes a year.

Starting production in 1995, it was one of seven plants (four private and three public cooperative) set up on the Hazira-Bijapur-Jagdishpur pipeline.

Still, there are grounds on which Oswal can hope to claim an Ambaniesque aura. His elder son, Pankaj, has set up what is said to be the world`s largest ammonia plant in Perth, Australia. The second son, Shail, is into music and movies.

The daughter, Shaalu, is married to industrialist and Congress MP Naveen Jindal. And the deal with Iffco is the largest all-cash deal in India`s corporate history, fetching about Rs 300 crore more than its book value.
...

Great Bank

Axis Bank

Posted by : aloka27
Price when posted : BSE: Rs 1000.70 ( 0.20 % ), NSE: Rs. 1000.35 ( 0.10 % )

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thanks for your valuable suggestion sir...

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Great Bank

Posted by : vuppala1948

AXIS BANK earned very cheap equity funds through QIP etc at fag end of Sep`09, which appeared to slightly depress its results for q/e Sep`09.
But, if this addl equity got at Sep end is factored in, the results were definitely good.
For Banks, these funds serve as IMMEDIATELY LOANABLE FUNDS on which revenue starts flowing very quickly.
Investors will start calculating the progress made by AXIS BANK when the next earnings season starts - at Dec end.Till then, there will be a calculation Fatigue.
Whoever accumulates now, will probably reap a rich bonanza in Axis Bank.I expect the Dec end result to show much higher EPS and March end EPS to be the HIGHEST in the history of Axis bank(till then).

Bihar govt issues legal notice to RIL

Reliance

Posted by : bhusbhac
Price when posted : BSE: Rs 2176.00 ( -0.89 % ), NSE: Rs. 2179.55 ( -0.70 % )

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iinvestr - Don`t reply to me I have told you so too. However please be forewarned I WILL NOT TOLERATE ABUSIVE LANGUAGE AGAINST ANBODY ON THIS BOARD AND WILL RESIST UNSUBTANTIATED ALLEGATIONS AND RUMOURS. I am a shareholder of RIL so I have a right to resist such unsubstantiated spam from you and from others who do the same.

I have enough stamina to resist as an investor in RIL. It is upto the moderator of this board to remove abusers and those who use foul langauge eventually....

In reply to:

Bihar govt issues legal notice to RIL

Posted by : iinvestr

I didn`t reply to your message. You dont deserve any reply, I told you so. If you know how to follow a thread, look again carefully.

Will surely touch 10

K Sera Sera

Posted by : chief_kamani
Price when posted : BSE: Rs 14.20 ( -0.70 % ), NSE: Rs. 14.25 ( -0.35 % )

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Good-Investor-K Sera Sera goes down even when the market goes up!!Results are good!!Can go up!!...

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Will surely touch 10

Posted by : Good-Investor

Y the hell it goes down even when the market goes up, despite the fact that it has posted good results.

Ramanath, I am not sure whether it will touch 20 or not but surely heading to touch 10

I am a big looser in this stock :(

Dena Bank....Buy

Dena Bank

Posted by : RAJANBHAI
Price when posted : BSE: Rs 83.85 ( 4.10 % ), NSE: Rs. 84.00 ( 4.28 % )

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On merger with Canara Bank, this will become almost as big as SBI..with a 2 trilllion Balance Sheet of Canara Bank.and a clean Good B/L of..Dena Bank, there shud be a god swap ratio in favour of Dena bank...Can Bank at 387...Even at this price Dena shud be a good buy...

highway project

Reliance Infra

Posted by : nikhil_khetan
Price when posted : BSE: Rs 1071.00 ( -2.11 % ), NSE: Rs. 1070.00 ( -1.89 % )

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list is available on nhai. org...

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highway project

Posted by : sonubhai

can anyone tell who are the major players in kamalnaths ambitious 20 km perday national highway projects......

Advice

Yes Bank

Posted by : Varner
Price when posted : BSE: Rs 255.40 ( 0.12 % ), NSE: Rs. 255.20 ( 0.12 % )

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Finally I have invested 110K in
Yes Bank
Bharti
Suzlon
SAIL
TISCO...

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Advice

Posted by : tara23

good idea..... of course

today in ET

Guj Flourochem

Posted by : opencircle
Price when posted : BSE: Rs 140.85 ( 8.55 % ), NSE: Rs. 141.50 ( 8.89 % )

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Huge accumulation day today... I feel beginning of new wave of upside..... May cross Rs 200 in 3 months.

Regards,
OpenCircle...

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today in ET

Posted by : kalpataru70

indiabulls sec recommend buy with target of 155/-

EXACTLY SELL NOW! SELL NOW

HFCL

Posted by : Uday Raj
Price when posted : BSE: Rs 10.36 ( -1.43 % ), NSE: Rs. 10.40 ( -1.42 % )

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But how do they overcome the net-worth issue. They have to show a min of 1650 cr as net worth of HFCL Infotel to be eligible for Pan India UASL....

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EXACTLY SELL NOW! SELL NOW

Posted by : Guest

I fully endorsed with your view. But I have a doubt whether this will be a dark horse if they get 2 G spectrum which is pending from Jan. 8 2008. 3 G winners need 2 G spectrum. HFCL is the next first in the que to get telecom license and spectrum. So the scenario is perfect for a leap

gut-wrench

Blue Bird

Posted by : chief_kamani
Price when posted : BSE: Rs 28.00 ( 0.90 % ), NSE: Rs. 28.10 ( 0.90 % )

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Blue Bird (Stocks)
pitquote-Why is the Auditor resigning???To appoint the other Joint Statutory auditor of the Company, M/s. Shashank Patki, Chartered Accountants, as Statutory Auditor of the Company to fill the casual vacancy caused by resignation of one of the joint Auditors of the Company, M/s. Jayant V. Kolapkar & Co., Chartered Accountants, Pune.Is this not something unusual????...

In reply to:

gut-wrench

Posted by : chief_kamani

pitquote-A FOOD for THOUGHT for Equity Investments:Nothing is screamingly cheap.The easy money has been made in both equities!!From the low point in March, it seems you can`t pick an asset class that hasn`t gained something in the area of 60%.
During this universal recovery, as in most post-recessionary periods, lower-quality stocks have outperformed,and lots of smart guys who had the guts and money to buy them at the depths are cashing out--convinced that risks of continued exposure outweigh possible rewards of staying long.
It`s past the time to lighten up,and say no and chase away risk assets as they are currently having lofty valuations!!So the time has come to begin paring exposure to risky assets, and if their prices continue to rise,then one should be paring at an accelerated pace.

Sell dena bank as punters are taking short position in futures exit soon

Dena Bank

Posted by : a2k2bug
Price when posted : BSE: Rs 84.05 ( 4.35 % ), NSE: Rs. 84.25 ( 4.59 % )

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Guys now if u are entering u will be gaining little with chances of losing 15% coming month Technically this script needs to correct what levels???75odd on downside.

I picked this company at price of 50`s & did share my thoughts on fundamentals .
U can search me by searching google.
PerknLife ...

In reply to:

Sell dena bank as punters are taking short position in futures exit soon

Posted by : dipakgod

i think you accumulate in next correction.

16500 SHARES @24 ..

Wire & Wireless

Posted by : sodhan
Price when posted : BSE: Rs 19.10 ( -1.04 % ), NSE: Rs. 19.00 ( -1.30 % )

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accumulators has lot of patience and they know investors will not sell till disgusted so they create such conditions.as on date it is the best stock to take position for 3 to 6 months to get good profits.clearance of HITS policy is a great event for this co moreover promoter reputation is very high. nutshell do not sell at present rates you will get good rates i learnt a lesson in gemini com by doing this mistake....

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16500 SHARES @24 ..

Posted by : Guest

Hold, traders trying to accumulate at current levels.It will go up wait patiancently.