Sensex

Tuesday, March 16, 2010

DG - True and worth implementing..

 

“A poor man had no land and prayed to God for some land. God appeared to him and told him that all that he could cover from dawn to dusk would be his land.

The man set off the next morning without sleeping a wink. Though he had covered enough land to satisfy his needs, very soon, he began to run and run filled with a desire to own more land, more than anyone else.

By dusk he had covered a lot of land. But he fell down dead, exhausted.

Usually this is the story of most of our lives.

Desires that are real and are born out of a genuine need will have their own energy and will sustain them.

However, most of our desires are created out of jealousy and have a negative energy.

When we are not able to bear the excellence of others, we get jealous. Comparison is the seed, jealousy is the fruit.

Comparison and jealousy are actually non-existent. We create such thoughts ourselves and talk endlessly on how to overcome them.

Imagine that the room you are in is dark. Can you remove it if you wanted to?

Can you take it to another room? Of course not.

The reason is that darkness has a negative existence. It does not really exist.

If you bring light into a room, the darkness will at once cease to exist. In the same way, jealousy has a negative existence. You cannot deal with it directly. Even if you tell yourself repeatedly not to feel jealous, you cannot overcome it. If you queue up all the people in the world in an ascending order of money, where would you be?

You will be somewhere in the middle. You will not even be able to count the number of people who are on either side of you in the queue. Now, you will have to decide if you are going to look at the queue in front of you and feel jealous or look at the queue behind and feel relaxed and grateful to God.

Everything is in your hands.

We will never face failure if we live our lives competing with ourselves. Win yourself with yourself, never with others.

Every minute of comparison with others is a waste of time in the path of progress. A great problem in the rat race is that even if you win you are only a rat. To stop comparisons, you need to be aware of your own worth; you need to realise your uniqueness without being proud..”

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BigGains !!
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Re: [sharetrading] GROUP

 

u can log in with previous sharetrading user name if u joined old sharetrading chat on meebo. else contact abraham



From: Joy Chatterjee <joy_jees@yahoo.in>
To: sharetrading@yahoogroups.com
Sent: Wed, 17 March, 2010 12:03:52 AM
Subject: Re: [sharetrading] GROUP

 

password nifty fine, but what name shd use thr ?
ty joy

--- On Tue, 16/3/10, abrahamputh <abrahamap@airtelmai l.in> wrote:

From: abrahamputh <abrahamap@airtelmai l.in>
Subject: [sharetrading] GROUP
To: sharetrading@ yahoogroups. com
Date: Tuesday, 16 March, 2010, 10:28 AM

 
For tomorrow will try following link with password - nifty
http://www.chatzy. com/959056322948
Will be active on abv link. Meebo has been giving trouble past few days........ ...
Abe



Your Mail works best with the New Yahoo Optimized IE8. Get it NOW!.



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Recent Activity:
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

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Re: [sharetrading] Scrips which indicate btming this mth so far

 

hi ab, what's password to new link?
also give link.




From: abrahamputh <abrahamap@airtelmail.in>
To: sharetrading@yahoogroups.com
Sent: Wed, 10 March, 2010 6:49:54 PM
Subject: [sharetrading] Scrips which indicate btming this mth so far

 

There are scrips which made bottom as of last month aand trending above. Those are not in thelist below. But some which seem to be turning as of this month. Please check day charts and cnfmdirection before investing. Only high vol stocks selected.
UNITECH LTD
TRICOM INDIA LIMITED
TATA TELESERV(MAHARASTRA )
SUZLON ENERGY LIMITED
SREI INFRASTRUCTURE FINAN
SATYAM COMPUTER SERVICES
REL. NAT. RESOURCES LTD.
PUNJ LLOYD LIMITED
MOSER-BAER (I) LTD
JAIPRAKASH ASSOCIATES LTD
ISPAT INDUSTRIES LIMITED
INDIABULLS SEC. LTD.
INDIABULLS REAL EST. LTD
INDIABULLS FIN. SER. LTD.
INDIA INFOLINE LIMITED
GMR INFRASTRUCTURE LTD.
DLF LIMITED
BSEL INFRASTRUCTURE REALT
BHARTI AIRTEL LIMITED

Keep nearest low as SL and pick on rise only as some of abv is seen mvg dn.......... .....



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Recent Activity:
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

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[sharetrading] Heidelberg Cement-3.01 Mn TPA Cement Cap Selling At Rs 27 per share

 

Heidelberg Cement-Structural Shift
BSE 500292; CMP Rs 49
 
Equity Rs 226 crore
Cash In Hand-Rs 498 crore as of December 2009
Cash per share: Rs 22
Effective Cost per share-Rs 27
(CMP-Cash In Hand)
 
Total Capacity Under Operation-3.01 Mn TPA
Capacity Utilisation-87 per cent
Capacity To Rise To-5.0 Mn TPA by March 2012, with little debt on books.
 
Ownership-69 per cent Heidelberg, Germany
FII/DII-9 per cent
Public Float-22 per cent
 
Structural Shift
 

Cement demand to enter new growth trajectory:

Driven by a structural shift in

 demand drivers, the cement industry is at an inflection point as growth trajectory is

estimated to shift upwards from its historical average of 8% to 10-12% over 5 years.

Higher cement consumption (~1.5x from 1.25x of real GDP growth) is expected in the

next trillion dollar (NTD) phase of GDP. We believe all ingredients are in place for the

cement industry to move from a cyclical to a secular growth story.

 

Capacity utilization will surprise positively…:

With most of the capacity addition

expected to be operational by FY11, we estimate the industry's capacity utilization will

bottom out by 2HFY11. With strong demand growth, excess capacity is expected to be absorbed faster by FY12. This will lay a solid foundation for the next growth phase as no major capacity additions have been planned beyond FY12. We estimate capacity utilization will bottom-out at 75% in 2QFY11 against 71% in 2QFY02 (the previous cycle).

 

…leading to positive surprise on pricing, profitability…:

Given strong volume

growth (10-12% v/s flat in FY01) and higher consolidation (the top 5 groups control 56% of capacity v/s 48% in FY01) will result in better operating parameters than in previous cycles. Hence, we anticipate the return of pricing power to the industry by 2HFY12 for a longer period, supported by strong secular demand growth and higher consolidation in the industry. A decline in average cement prices will be lower and operating margins (26% in FY11 v/s 13% in FY03) will be higher than the trough of the previous cycle.

 

…driving sector re-rating:

Strong secular growth, higher consolidation and a stronger balance sheet would act as a catalyst for re-rating of the cement sector. We estimate cement stocks will bottom-out at higher valuations (than pervious cycles) over the next 2-3 quarters as cement prices remain volatile due to the impact of new capacities.

 

However, a structural shift would be the key driver of premium valuations in the next

upcycle. Cement stock valuations are attractive and offer a good entry point for the next upcycle. We prefer companies offering strong volume growth, cost saving possibilities and a strong balance sheet.

 
 
 
 
 

 
Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.




__._,_.___
Recent Activity:
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

__,_._,___

[Ways-2gain] World Gold Reserves as of March 2010 [1 Attachment]

 
[Attachment(s) from samir shah included below]




--
You cant do anything about the Length of your life,but you can do something about its Width and Depth.

Samir Kumar Shah.
9830405060

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Attachment(s) from samir shah

1 of 1 File(s)

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Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Protected: Dalal Street Choice Scrip Buy Calls - Wim Plast

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Protected: Dalal Street Choice Scrip Buy Calls - Wim Plast


Protected: Dalal Street Choice Scrip Buy Calls - Wim Plast

Posted: 16 Mar 2010 04:37 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL There is no excerpt because this is a protected post.

Read More...


Record Date - Empower Industries Bonus Issue

Posted: 16 Mar 2010 04:30 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Empower Industries hits the roof after fixing record date for bonus issue. Empower Industries India was locked at 5% upper limit on BSE, after the company fixed 25 March 2010 as the record date for a 23:2 bonus issue. The current price of Rs 38.95 discounts the company’s [...]

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DG - FW: Stock Ideas: Federal Bank

 

 

 

From: Sharekhan Fundamental Research [mailto:newsletters@m3c1.sharekhan.com]
Sent: 16 March 2010 21:02
To: justrohit@gmail.com
Subject: Stock Ideas: Federal Bank
Importance: High

 

 

Stock Ideas
[March 16, 2010] 

Sharekhan
www.sharekhan.com

Summary of Contents

STOCK IDEAS

Federal Bank    
Cluster: Ugly Duckling
Recommendation: Buy
Price target: Rs344
Current market price: Rs258

A re-rating candidate

Key points

  • A strong southern play: Federal Bank (FED), the fourth largest private sector bank in India in terms of asset size, has traditionally been a strong player in the southern region especially Kerala. However, it has taken initiatives to expand its geographic footprint by increasingly opening new branches outside Kerala to achieve a pan-India presence. It is well placed to capitalise on the revival in credit growth with a comfortable level of capital adequacy (18.5%) and a low-cost deposit base (CASA + NRI deposits form 47% of its total deposit base). 
  • Return to optimal leverage to drive return ratios: FED?s return on equity (RoE) has dipped since the rights offering in 2008 from about 20% to around 12% currently. However, the return on assets (RoA) has continuously improved and stood at 1.4% in FY2009 (vs 1.06% in FY2006). The divergence in the RoE and RoA is primarily due to the lower leverage ratio of the bank vs that of its peers. With its business growth likely to gain traction on the back of the economic recovery, the bank should be able to optimally leverage its equity base and hence improve its RoE.
  • Asset quality concerns valid but manageable: Owing to a higher exposure to the retail and small and medium enterprise (SME) segments, FED has experienced stress on its loan book with its gross non performing assets (GNPAs) now at 2.97% (in line with the peer average of 2.87%). Though the concerns related to its asset quality are valid, we believe the situation is manageable considering (1) the bank?s credit assessment and monitoring mechanisms are being revamped; (2) its recovery mechanism is in the process of getting restructured; (3) the retail segment (the primary source of slippages) is witnessing a revival; and (4) its provisioning coverage is high at +90% (including technical write-offs). During Q3FY2010 the bank reported a stable GNPA on a sequential basis.
  • Possibility of CSB merger has ebbed: The possibility of a merger with Catholic Syrian Bank (CSB) has diminished substantially due to strong reservations from Archdiocese of Thrissur (a major stakeholder). This, we believe, is a positive as FED is superior to CSB in most aspects and the merger would only have strained the profitability of FED. 
  • Value pick at a discount: In light of the sustained recovery in the Indian economy and the conducive environment for the banking sector ahead, we believe that FED would be a key beneficiary of the economic upcycle. The key areas that are expected to see an improvement are: (1) the return on equity (RoE) as the bank optimally leverages its equity to fund its balance sheet growth; and (2) the asset quality due to the easing cyclical asset-quality pressures. Given its relatively better operational parameters and the expected improvement in its RoE, we strongly believe that sub par one- year forward estimated book value and below the peer average valuation of the bank are unjustified. Currently, FED trades at 0.9x FY2011E adjusted book value (ABV) per share. Considering the bank's potential to grow above the industry average, we value the bank at 1.1x FY2012E ABV per share. We initiate coverage on the stock with a Buy recommendation and price target of Rs344. 

Click here to read report: Stock Ideas 

 

Regards,
The Sharekhan Research Team

myaccount@sharekhan.com

 

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BigGains !!
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Indian Stocks BSE

Indian Stocks BSE


PODDAR PIGM. ( 524570 )

Posted: 16 Mar 2010 09:20 AM PDT

Free Intraday Cash Tips from Tipz.in for 17th March 10
524570 Chart ( PODDAR PIGM.)
Action Trigger Price Stop LossTarget 1 Target 2
BUY ABOVE35.535.237.237.9
S.SELL BELOW3535.434.633.4
512463 Chart ( SHREE GLOBAL)
Action Trigger Price Stop LossTarget 1 Target 2
BUY ABOVE243241.5253260
S.SELL BELOW240242.5236225
507717 Chart ( DHAN AGRI )
Action Trigger Price Stop LossTarget 1 Target 2
BUY ABOVE245243252258
S.SELL BELOW242244239230


VIJAY TEXTIL ( 530151 )

Posted: 16 Mar 2010 09:18 AM PDT

Hot Stocks from Tipz.in for 17th March 10
530151(VIJAY TEXTIL), 514221(KRISHNA LIFE), 526614(EXPO GAS ),
570001(TATAMTRTDVR ), 590077(RANKLIN SOLU), 531733(BAFNA SPG.MI),
531901(SAARC NET LT), 523658(RISHIROOP RU), 523710(SAYAJI HOTEL),
512463(SHREE GLOBAL), 524570(PODDAR PIGM.), 526109(PRICOL LTD. ).