Please note I express views on scrip’s in which I have interest:
Typically if anyone holds more then a certain percentage, it will trigger an open offer. But in this case, the holdings are all small. But in days to come, it is a bright candidate for same.
Please visit - http://www.assamco.
As per my calculations BV is Rs 13 for a Rs 1 face value. IV is small presently. It has 15000 hectares of land and interests in oil & gas in
As per BSE filing for September report - The production of oil and gas at present, has been restricted pending commissioning of gas re-injection project after which the production of oil / oil condensate is expected to increase substantially.
So it is a question of time before the prices spike. Be patient. In my expectation it should happen soon.
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As for sterlinbio – It has come to this level, almost non-stop from 223. It is on the 5th step down on weekly charts FV is Rs 1. BV – 53. IV – 370.
So in my opinion it will find bottom at worst near 83 if Dec Q is bad even if above matters are not taken into account.
Abe
From: sharetrading@
Sent: Friday, December 18, 2009 5:29 PM
To: sharetrading@
Subject: Re: [sharetrading] ASSAMCO
Asaam Co. , despite being from a tea sector which saw a good run up, is still lying low. Mainly because of the concern pertaining to the promoters.
Dear Mr. Abe If I am not mistaken the share's face value is Re.1 and is a good investment bet in the oil sector also. Having some shares bought a while ago at 16 - what could be the target expected, technically, please do share if possible. regards ekambe
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Happy Trading,
United we grow!!!
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