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Essar Oil charts suggest a break out......recommend a strong buy at cmp......Buy Buy Buy
Posted by :
world investor
The charts of Essar Oil is suggesting a break out.....
Overall there is a lot of good news for Essar Oil...
Sale of gas ( CBM ) from January 2010...
Buying of 3 refineries of Shell...addition of 26 mt....
Has corrected because of the market fall....
Long Term prospects excellent.....
A great oppurtunity to accumulate a current levels of Rs.136 - 140.......
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Posted by : jalunmWatch and Join FREE blog for long term portfolios : jalunm.blogspot.c om ...
Long term investment portfolios : Warren Buffet ways.
Posted by :
sachtiwadifrom here where this stock can lead to....
future of the company
Posted by :
AAJAYDwhen it will high? i bought it as Rs.280...
Go for target 160
Posted by :
gkp378Buy this at current price and wait till it reach it`s hovering price which is 160. this can happen in a month or 2 but sure. ...
Essar Oil charts suggest a break out......recommend a strong buy at cmp......Buy Buy Buy
Posted by : world investor
The charts of Essar Oil is suggesting a break out.....
Overall there is a lot of good news for Essar Oil...
Sale of gas ( CBM ) from January 2010...
Buying of 3 refineries of Shell...addition of 26 mt....
Has corrected because of the market fall....
A great oppurtunity to accumulate a current levels......
NSE Announcements on Essar Oil
Posted by : MMB MessengerEssar Oil Limited has informed the Exchange that "The Chairman appointed by the Honble High Court of Gujarat at Ahmedabad for the purpose of conducting meeting of equity shareholders of the Company to consider merger of Essar Oil Vadinar Limited with Essar Oil Limited has filed his report at the High Court. As per the report the scheme for merger was approved by the equity shareholders at their meeting held on October 21, 2009"....
BSE Announcements on Essar Oil
Posted by : MMB Messenger
Essar Oil Ltd has informed BSE that the Chairman appointed by the Honble High Court of Gujarat at Ahmedabad for the purpose of conducting meeting of equity shareholders of the Company to consider merger of Essar Oil Vadinar Ltd. with the Company has filed his report at the High Court.
As per the report the scheme for merger was approved by the equity shareholders at their meeting held on October 21, 2009....
Buy Essar oil at dips
Posted by : Option AnalystEssar Oil loan has approved by SBI and it will also have buy 3 shell refiniries ...
NSE Announcements on Essar Oil
Posted by : MMB MessengerEssar Oil Limited has informed the Exchange regarding a press release, dated October 31, 2009, with respect to the Unaudited Financial Results for the quarter and six months ended September 30, 2009. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Essar Oil
Posted by : stilllotstoseeis it good to this stock???...
Long term investment portfolios : Warren Buffet ways.
Posted by : stilllotstoseeis it good to buy essar oil now?...
BSE Announcements on Essar Oil
Posted by : MMB Messenger
Essar Oil Ltd has informed BSE regarding a Press Release dated October 31, 2009 titled "Essar emerges as a leading CBM player – Raniganj block with 3.1 tcf of in-place gas resource reaches development phase - sales to commence from Q4 of FY2010; Wins Rajmahal CBM block having 3.2 tcf of in-place gas resource; Essar Oil refining achieves highest ever throughput 3.63 MMT in Q2 of FY2010; Refining GRM at $ 4 /bbl – in line with industry peers"
...
Essar in Pact to Buy 3 Shell Refineries.
Posted by : covai-barathIs this positive news for share holders? how impact this? ...
Essar in Pact to Buy 3 Shell Refineries.
Posted by : Jeejay
This is the Head line on Page 5 of Today`s (31/10/09) Economic Times. The report also appeared in today`s Times of India. This was the news that has long been awaited by the Investing Community. To briefly summarise the report.
Quote: The Ruias-owned Essar Group has Clinched an Exclusive Agreement to Buy Three Refineries from Royal Dutch Shell, beating larger rivals, including US-based Valero Energy, in a move that could catapult the Mumbai-based Congolomerate to become India`s Largest Overseas Refiners. "Negotiations continue the Essar Only" is what Comelia Wolber, a spokeswoman for Shell, was reported by International Agencies on Friday. "Talks with other interested parties have Ended" she said without identifying them. The Three Refineries include one in the UK.. and Two in Germany.. and have a combined capacity of 500,000 barrels per day or about 26 million tonnes per annum. Essar is reportedly learnt to have offered Pound 1.2 billion for the three refineries, while Shell is learnt to have sought up to Pound 1.5 bilion. Essar Group is talking with UBS,Citigroup & JP Morgan to part finance the deal if it gets the three European refineries. To quote an analyst from an International firm :"Essar will have increased distribution capacity in Europe if it owns refineries there. Existing refineries have pipeline, road and sea links, all of which would be hard to replicate from scratch."
Unquote : Appears a good buy for the Long Term...
