mystockwatch: September 2005

Friday, September 30, 2005

Friday, September 09, 2005

Pawan Dilani

(08:51:44) pawan_dialani: GM
(10:01:20) pawan_dialani: bp hp chapoooooooooo
(10:06:41) pawan_dialani: BUY IDFC now
(10:14:40) pawan_dialani: i said banks will bang and they r bangingggggggggggggggggggggggggg
(10:14:50) pawan_dialani: banks buy karte rahooooooooooooooooo
(10:15:16) pawan_dialani: sbinnnnnnnnnnnnnnnnnnnnnnnnnnnnn
(10:15:37) pawan_dialani: obcccccccccccccc
(10:16:09) pawan_dialani: bp and hp alsooooooooo
(10:16:27) pawan_dialani: now buy infy and tcs in huge qtyyyyyyyyyyyyyyyyyy
(10:17:38) pawan_dialani: buy msk project now
(10:18:21) pawan_dialani: mskkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk
(10:18:46) pawan_dialani: see tcs and infy both up 5 rs in seconds of my call
(10:19:18) pawan_dialani: obcccccccccccccccccccccccccc
(10:20:26) pawan_dialani: no personal quries plz
(10:23:30) pawan_dialani: book half in hp and bp will tell u when to enter aain
(10:23:44) pawan_dialani: buy banks
(10:40:15) pawan_dialani: buy sterling nowwwwwwwwwwwwwwwwww
(10:41:46) pawan_dialani: pl have cautious approach
(10:42:48) pawan_dialani: PLZ DONT SEND WORDS LILE THNKS OK ETC ETC ITS UNDERSTOOD
(10:43:44) pawan_dialani: sell nifty sl is 2420 - keep the qty small for this time !!
(10:54:37) pawan_dialani: buy sterling biotech
(10:54:49) pawan_dialani: SME CONNECTIONS SEEN
(10:57:57) pawan_dialani: look at sterling buy nowwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwww
(11:00:04) pawan_dialani: see sterling ka jadu 5 mintues 5 rs.
(11:00:29) pawan_dialani: sterlinnnnnnnnnnnnnnnnnngggggggggggggggggggggg
(11:00:50) pawan_dialani: buy it again
(11:06:50) pawan_dialani: jsws is long term script will double in a year with sl of 250
(11:15:22) pawan_dialani: tvs showing high voumesssssssss
(11:19:53) pawan_dialani: After so many days market in red again. With out touching 8000, market seems to be finding its supports. Nifty already at its support now and sensex may also find its support soon so keep on buying
(11:23:06) pawan_dialani: Please note that tomorrow is a trading holiday ind Indian equity markets and tonight US markets will open after a gap of 3 days. So try to be light in positions overnight.
(11:35:18) pawan_dialani: marketsUP AND DOWNUP AND DOWNUP AND DOWNplz give one direction
(11:43:07) pawan_dialani: buy info tech fast cicuit candidate
(11:46:24) pawan_dialani: infotech chapooooooooooooooooo
(11:49:24) pawan_dialani: infotechcentttttttttttttttttttttttttttttttttttttttttttttttt
(11:50:21) pawan_dialani: u can but it still its up by more than 15 rs now from my call
(11:50:28) pawan_dialani: 17 rs up
(19:59:05) Linux Lover: i am a newbie, may i ask u some of my questions?

(2005-09-09 08:16:54) pawan_dialani: For today Sensex will remain positive above 8025-7980 zone. In up side resistance levels are at 8080/8125/8200 levels. In downside support levels are at For today below 8025-7980/7950/7915-7885 levels. Buying in sharp falls is still a better strategy if market fluctuates in intraday.
(2005-09-09 08:18:13) pawan_dialani: Nifty 2448-42 levels are good support levels; below which 2432-28/2418 levels are the other support levels. Here break below 2418 will be negative indication and below 2412 it can slip to 2405/2396/2388-82 levels.
(2005-09-09 08:19:24) pawan_dialani: Auto stocks are also trying to break out in up side... If Indices sustains at higher levels; have a watch on them
(2005-09-09 09:14:41) pawan_dialani: can we see 8000 to 9000 in 30 days:-Udyan Mukherji whats ur view
(2005-09-09 09:51:57) pawan_dialani: gm
(2005-09-09 09:52:50) pawan_dialani: shree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namahshree ganeshay namah
(2005-09-09 09:55:00) pawan_dialani: can we see 8000 to 9000 in 30 days:-Udyan Mukherji whats ur view
(2005-09-09 10:09:49) pawan_dialani: Agro Dutch plans Rs 87-cr expansion Agro Dutch is also setting up a plant for individual quick freezing of mushrooms
(2005-09-09 10:10:46) pawan_dialani: TVS 78 SE 91 KAISA RAHAAAAAAAAAAA
(2005-09-09 10:10:56) pawan_dialani: NOW SHORT TVS
(2005-09-09 10:36:28) pawan_dialani: TVS 78 SE 93 IF U WOULD HAV BOT 1 LOT ALSO U WOULD HAV EARNED PROFIT OG 2950*15=44250

20th Stock Recommendation from NSE Mumbai Bull

(2005-09-09 10:04:14) nsemumbaibullindia: Dear Investors/Clients,
Today we are Strongly Recommended to BUY "GUJARAT LEASE FINANCING LTD" EQ (NSE Symbol GLFL) @ Current Market Price for Long Term Investment. Short term Target with in 4 weeks is 22-25. This is 20th Stock Recommendation from NSEMUMBAIBULL Equity Research Team. At present all our recommended calls shoot up with in short period more than 150 %. All our recommended call status available on http://www.nsemumbaibull.com website.
Happy Trading & Investing,
NSEMUMBAIBULL, DALAL STREET, MUMBAI, INDIA. VISIT http://www.nsemumbaibull.com

From NSEINFO2000

(2005-09-08 12:42:38) nseinfo2000: Ge Shipping Office Raided and Officials Arrested for Illegal Insider Trading, All EXIT LONG POSITIONS
(2005-09-08 12:42:39) nseinfo2000: Ge Shipping Office Raided and Officials Arrested for Illegal Insider Trading, All EXIT LONG POSITIONS

From Elliott Wave Analyst

(2005-09-09 07:54:27) elliott_waves: Elliott Wave Analyst.......Good morning to intelligent investors.
(2005-09-09 08:04:14) elliott_waves: ELLIOTT WAVE ANALYUST Good morning to intelligent investors..........As per Fibonacci there are 2 speed breakers say 8300 if crossed then 9600.00. In this scenerio there are many companies now started to climb vertically by rope ladders. High speculation expected in the next two in some stocks. BUY Williamson Tea and Jayshree tea. BUY Ajantha Pharma and Syncom Formula. BUY IP Rings and India Nippon . BUY BUY MORE Inidia Cement, Chettinad Cement, Anjani Portland Cement., Sagar Cement . Wish you all a happy bullish month . Take Clear cut decision. Better to invest not to sopeculate......All my buys may yield in short term as the bull wind velocity is high. I Invite all to subscribe our investment scheme.....Rs. 2700.00 annually which you may see tremedous development in your investment

Thursday, September 01, 2005

Message from SKOTAK

Dar mukesh.

Check my todays calls which were given at 9.00 A.M.

before market starts.

skotak
- Results of todays calls
--------------------------------
Sent: Thursday, September 01, 2005 4:35 AM
Subject: 01/09/2005

01/09/2005
----------------

Today market would be up. Trade with bullish view.

Buy Calls
----------

Scrip Cmp Target Top Target reachd
-----------------------------------------------------------------------

Vivilab 200 208-217 215 Nearlt T-2 reached
RelCap 475 481-486 482 T-1
Tcs 1404 1420-1434 1434 T-2
Info 2376 2395-2415 2425 T-2
Ongc 981 989-997 982 Not worked
Sesa 726 734-741 734 T-1
Mastek 423 440-458 450 T-1 With good margin.
--------------------------------

I am sure and can challenge none of such
consultancy gives such calls before market starts.

skotak

skotak -------------------
mukeshshevkani wrote:

DEAR KOTAK,
I AM INTERESTED ON YOUR RECOMMENDATIONS OF STOCK TIPS. SO PLEASE TELL ME YOUR SERVICE CHARGES, YOUR CONTACT NO.
ALSO, PLEASE SEND ME ONE WEEK FREE TRIAL OF F AND O SCRIP. WAITING FOR YOUR EARLY REPLY.
THANKS.
YOURS FAITHFULLY,
SHEVKANI MUKESH P.
Get Your Private, Free E-mail from Indiatimes at http://email.indiatimes.com

Buy The Best In BOOKS at http://www.bestsellers.indiatimes.com

Bid for for Air Tickets @ Re.1 on Air Sahara Flights. Just log on to http://airsahara.indiatimes.com and Bid Now!

Sanwaria Agro

HOPE U ALL EARN FROM ROLTA AND MORAKA FIN NOW KEEP WATCH ON SANWARIA AGRO(519260)

sambhaji pednekar

Duncan Ind

Dear All,

Here is the another Top pic 4 : Duncan Ind. (NSE @Rs. 38.5).

Take delivery of this share for around 1 month. U will definately gain Sure Shot.

u can add my yahoo id : " philips_000 " in ur list for mine and ur conveniance.

Still i hav to say, Invest at ur own risk !

Good Luck !

Rohit .

"Rohit ► ► ►"

I suggest members to take following positions for at least 6-9 months:

Indian Hotels (760) target 1100 at least

Atlas Copco 1100 target 1800 at least

Su-Raj Diamonds 61 target 75 and then 125

TCS 1400 Target 2000

delhistockclub => lav007.us@yahoo.com

BONGAIGAON REFINERY ZOOMS

www.EquityDon.com

As on 01 September 2005 : OUR BNST CALL BONGAIGAON REFINERY ZOOMS

*BNST = Buy Now Sell Tomorrow.

Call Details : 31/08/05 (Time: 03:4:18 Pm) Buy Bongai Refinery @ 79.75 SL 78.25 Target 84.75.

Call Basis : News based Call

Profit / Loss (+/-) : Our Call Bongaigaon Refinery Zooms to Fetch a Net Profit of Rs 5/- OR 5*2250(Lot size) = Rs 11250/- Per Lot.

ü LIVE EQUITY CALLS

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To Subscribe visit www.EquityDon.com or Contact our Live Yahoo Messenger Agent “ EquityDon2003 “ or E-Mail at info@equitydon.com

Key Features of our Recommendations:

ØLimited calls are given, as we believe in “Quality not Quantity”

ØWe provide calls more on Basis of News than Technical thus Ensures a Higher Success Rate in Excess of 90%+.

Ø Live Recommendations are provided Via SMS (all mobile networks) and Messenger (Yahoo Id:“equitydon2003”).

Ø Subscription plans for Traders, Investors.

Thank you,

EquityDon.com

bunch messages from itslovejit

Market Informations Collected by

blackbird_money
itslovjit
stocknewsonline

HDFC Bank Share Committee okays allotment of shares under ESOS
HDFC Bank Ltd has informed that the Share Committee of the Bank at its meeting held on September 01, 2005, has approved allotment of 1,02,300 equity shares to the employees of the Bank under the Employees Stock Option Scheme (ESOS).

Cyber Media jointly with CMP Media to build global outsourcing portfolio
Cyber Media India Ltd has announced that CMP Media, a leading integrated media Company serving the technology, healthcare and entertainment markets with 2004 revenues of 350 million dollar, and the Company, South Asias first and largest specialty media house, a joint venture to build a global media portfolio focused on worldwide services. CMP - CyberMedia LLC, the new entity, combines the strength of these media leaders to better inform industry executives how to evaluate and secure services for their business, and to provide marketers with access to the right decision makers for their messages by developing a comprehensive brand portfolio that will include print, online and events.

Hoshie Ghaswalla, President-Publishing of the Company, will serve as Managing Director and commented, this is a winning combination for the outsourcing marketplace. Both companies share a deep understanding of the IT industry, and bring solid customer relationships and comprehensive databases to the joint venture, creating a strong foundation in which to build a powerful new brand.

Rusty Weston, founder of CMP Medias Managing Offshore, the first online newsletter focused on global sourcing issues, will serve as editor in chief. An industry expert, Weston has traveled throughout India and most recently, presented BPO Satisfaction research findings at the NASSCOM ITES-BPO Conference in Bangalore in June.

Pradeep Gupta, Chairman and Managing Director of the Company said, this will be the first global product from an Indian media house addressing global readers. This move is part of CyberMedias plans of expanding globally. The Company recognizes the tremendous growth that has taken place in the Indian ITES-BPO industry. This industry will continue to grow substantially over the next decade. It has therefore choses to combine BPO portfolio with CMPs Managing Offshore to broaden the reach into this new and expanding market.

Flawless Diamond mulls jewellery mfg unit near Mumbai
Flawless Diamond (India) Ltd is planning to expand the business operation and exploring the possibilities of setting up designer jewellery manufacturing unit near Mumbai.

Further the Company has decided to open a branch office in Hong Kong and Antwerpen for expanding its diamond and jewellery business.

The Company has decided to enter into full-fledged designer jewellery business very aggressively. The presence of the Company in Hong Kong will be used for marketing its products in Chinese Market. The Antwerpen office will be focused on procurement of diamond from the Diamond Hub (Antwerpen) and for strengthening its marketing strategy in U.K., Europe and Russian Market.

Presently the Company is mainly doing exports to USA, Hong Kong, Dubai, Singapore etc.

Patni Computer bags Application Development Outsourcing contract from ABM AMRO
Patni Computer Systems Ltd has been awarded the Application Development Outsourcing contract from leading international bank, ABN AMRO. The contract is a result of ABN AMROs plans to further streamline its global cross-SBU IT organization.

Under the terms of the contract, the Company will be one of the top 5 preferred partners to support the Banks global IT needs through Application Development, Enhancement and Support services. ABN has a successful working relationship with the Company since 2003, primarily in North-America, in the area of application development and maintenance.

Mr. Narendra Patni, Chairman and Chief Executive Officer of the Company, said, over the years, Patni has helped companies transform business operations by using global delivery as a strategic tool. This win is an endorsement of the Companys approach and Patni looks forward to partner with ABN AMRO to successfully meet and exceed their strategic and financial objectives.

Nagarjuna Construction Board to approve funds mop up via GDR issue on Sep 08
Nagarjuna Construction Company Ltd has informed that a meeting of the Board of Directors of the Company will be held on September 08, 2005 inter alia, for considering among others, according inprinciple approval for raising funds by issue of Global Depository Receipts.

Network members ratify re-organization of Authorised Share capital
Network Ltd has informed that the members at the 16th Annual General Meeting (AGM) of the Company held on August 24, 2005, inter alia, have approved all the following items with requisite majority:

1. Adoption of Balance Sheet as at March 31, 2005 and Audited Profit & Loss Account for the year ended March 31, 2005 and Directors Report & Auditors Report thereon.

2. Re-appointment of M/s S Kapoor & Associates, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company.

3. Appointment of Mr. Gian Vijeshwar, Mr. Rakesh Babbar and Mr. Pankaj Shrimali, who were appointed as Additional Directors, as Directors of the Company, liable to retire by rotation.

4. Appointment of Mr. Rahul Jha as Manager of the Company.

5. Re-organization of Authorised Share capital of the Company by canceling 1,00,00,000 Equity Shares of Rs 10/- each aggregating to Rs 10,00,00,000/- and creating in its place 10,00,000 Preference Shares of Rs 100/- each aggregating to Rs 10,00,00,000/- & consequential amendment in Article of Association of the Company.

6. Authority to the Board to offer, issue and allot upto 10,00,000 Cumulative Redeemable Preference Shares (CRPS) of Rs 100/- each at par aggregating to Rs 10,00,00,000/- without carrying voting rights, with a coupon rate of 0.01% to the Creditors of the Company in settlement of their liabilities and / or any individual Body Corporate or any other persons.

7. Authority to the Board u/s 372A of the Companies Act, 1956 for making investment of the funds of the Company, not immediately required for other business purpose, from time to time in various securities listed at the Stock Exchange, Mumbai (BSE) and / or National Stock Exchange (NSE) and having market capitalization of more than Rs 250 million, for the purpose of long term value creation and to generate regular revenues in the Company..

HLL completes transfer of functionlised Biopolymer business to RSGBL
With reference to the earlier announcement regarding signing a Business Transfer Agreement with Riddhi Siddhi Gluco Biols Ltd (RSGBL) for transfer of its functionalised biopolymer business.

Hindustan Lever Ltd has informed that the Company has completed the transaction on August 31, 2005. As stated earlier the impact of disposal of this business (Sales turnover - Rs 150 Million) is insignificant for the Company, both in terms of sales & profits.

Gajra Bevel Gears - Board Meeting Results
Gajra Bevel Gears Ltd has informed that the Board of Directors of the Company at the meeting held on August 26, 2005, have decided to offer / issue Equity Shares and/or any instruments convertible into or exchangeable against Equity Shares or any instruments with or without detachable Warrants entitling the Warrant holder to Equity Shares (Securities) in aggregate not exceeding the nominal value of equity shares of Rs 10/- each in accordance with the prevailing rules and guidelines in this regard, in aggregate not exceeding Rs 84 million to the promoter / promoters relative, other persons, Company and other entity on Preferential basis subject to obtaining approvals from members of the Company in General Meeting.

Further the Company has informed that Extraordinary General Meeting of the members will be held on September 21, 2005 to take their approval for above as well as for other items.

Raja Bahadur Motilal BoD propose 10% dividend for FY-05
Raja Bahadur Motilal Poona Mills Ltd has informed that the Board of Directors of the Company at the meeting held on August 29, 2005, inter alia, have decided:

1. Dividend at 10% on equity share Capital for the financial year ended March 31, 2005 were recommended.

2. To change the name of the Company to Raja Bahadur International Ltd.

3. To hold the next Annual General Meeting of the Company on September 29, 2005.

TVS Motor clocks 25 pc growth in Aug sales
TVS Motor Co. Ltd has reported a sales of around 60,000 motorcycles in August, up 25 per cent on year. The company sold around 1,05,000 two wheelers in August

IKF Technologies Board to consider technological partnership with Avaya Globalconnect
IKF Technologies Ltd has informed that a meeting of the Board of Directors of the Company will be held on September 08, 2005, inter alia, to consider:

1. Take over the controlling interest (shareholding) of Fortech Software Consulting Inc. at Tempe, AZ, USA.2. The appointment of Dr. Bhaskar B Rao, President / CEO of Fortech as an additional director of the Company.

3. The proposal for setting up software Development and support center to cater to all Fortech offshore Business.

4. The deployment of IKF Software and ERP consultants for project Implementation in USA.

5. The setting up of high security legal document processing center for US based legal firm.

6. Approve the technological partnership with Avaya Globalconnect.

7. Approve the home calling project (i.e. Virtual Call Center).

8. Approve the appointment of Hero Mindmine for providing training and development of IKF personnel.

ICSA India to pay 15% final dividend
ICSA India Ltd has informed that the Board of Directors of the Company at the meeting held on September 01, 2005, inter alia, have recommended a final dividend of 15% for the financial year 2004-05, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

Balaji Distilleries to seek Boards nod for allotment of shares to IDBI
Balaji Distilleries Ltd has informed that a meeting of the Board of Directors of the Company will be held on September 06, 2005, to consider the allotment of 40,00,000 Equity shares of Rs 10/- each at par to Industrial Development Bank of India Ltd (IDBI) pursuant to conversion of part of their outstanding loans into equity.

Ramco Systems up 10% on VTTL order
The shares of Ramco Systems jumped nearly 10% to Rs 474 on the bourses following reports that the company has bagged a major customer order from VST Tillers Tractors Ltd (VTTL), a Bangalore-based maker of power tillers and tractors.

Wipro to allot shares under ESOP
Wipro Ltd has informed that the Administrative Committee of the Board of Directors of the Company vide their circular resolution effective August 31, 2005 resolved to issue and allot 401648 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees

Jindal Saw gets members ratification to issue securities in overseas market
Jindal Saw Ltd has informed that the members at the Extraordinary General Meeting (EGM) of the Company held on August 26, 2005, inter alia, have approved the following:

1. Issuance of Cumulative Redeemable Non-Convertible Preference Shares up to Rs 1000 million.

2. Issuance of Securities in International Market up to USD 75 million including green shoe option.

Omax Autos gets delisted from LSE
Omax Autos Ltd has informed that the equity shares of the Company have been delisted from The Ludhiana Stock Exchange Association Ltd (LSE) w.e.f. August 17, 2005

LG Balakrishnan appoints Deloitte Haskins as Auditors
LG Balakrishnan & Bros Ltd has informed that the members at the 49th Annual General Meeting of the Company held on August 22, 2005, inter alia, have appointed M/s. Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company in place of the retiring auditors Messrs, Fraser & Ross, Chartered Accountant, to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting.

Kilitch Drugs Board nods preferential allotment of shares
Kilitch Drugs (India) Ltd has informed that the Board of Directors of the Company at the meeting held on August 31, 2005, have decided to issue 319470 Equity Shares of Rs 10 each representing 4.98% to the promoters on preferential Basis, the same is required in terms to finance part of the Project cost at Paontasahib Himachal Pradesh in terms of sanction letter of State Bank of India

Petronet LNG announces change on Board
Petronet LNG Ltd has informed that the Board of Directors at the meeting held on September 01, 2005, have appointed Shri Prosad Dasgupta, Director (Finance), as a CEO & Managing Director of the Company w.e.f. September 01, 2005, in place of Suresh C Mathur who had superannuated as CEO & Managing Director on July 31, 2005.

Rishi Laser reschedules Board meeting on Sep 02

Rishi Laser Cutting Ltd has informed that the meeting of the Board of Directors of the Company which was scheduled to be held on August 31, 2005, for allotment of shares on preferential basis, has been postponed and will be held on September 02, 2005.

M&M Aug sales up 44%
Mahindra & Mahindra (M&M) has sold 5,688 units of tractors, a rise of 44% in August 2005 from 3,939 units sold in August 2004. Cumulative tractor sales between April-August 2005 rose 38% to 32,272 units as compared to 23,341 units sold in the year ago period

Dr Reddys grants stock options to employees
Dr Reddys Laboratories Ltd has granted 8,300 stock options to the employees of the Company at an exercise price of Rs 5, which is the par value of the shares of the Company.

The Shares covered by such options are 8,300.

The vesting period of these option is 25% options each year over a period of four years. The options may be exercised within a period of five years from the date of vesting

HOEC resumes production at PY-3 field
With reference to earlier announcement regarding temporary shut down of production operation from PY-3 Field, due to the failure of the FSO - Endeavor Mooring System, Hindustan Oil Exploration Company Ltd (HOEC) has informed that the operator has completed the repair job and restored the production operations from the PY-3 Field. The present production from the said field is around 6800 bopd.

The Company has 21% non-operating Participating Interest in PY-3 Joint Venture.

Hajara to take charge as CMD of Shipping Corporation
Shipping Corporation of India Ltd has informed that Shri S Hajara, will assume temporary charge of Chairman and Managing Director of the Company with immediate effect.

Fiscal deficit exceeds 50 pc of Julys budget estimate
The Centres fiscal deficit touched Rs 77,480 crore in the first four months, which is more than 50 per cent of the budget estimate of Rs 1,51,144 crore for the entire 2005-06. The fiscal deficit till July works out to 2.2 per cent GDP, while revenue deficit was close to 2 per cent of GDP.

According to Controller General of Accounts, the fiscal deficit was Rs 77,480 crore during April-July 2005-06 or 51.3 per cent of budget estimate. During April-July 2004, the deficit was at Rs 50,398 crore or 36.7 per cent of budget estimate. Revenue deficit also surged to Rs 68,929 crore during April-July, which is over 72.3 per cent of the budget estimate of Rs 95,312 crore for this fiscal. The revenue deficit was at Rs 58,076 crore during the first four months of last fiscal, which worked out to 76.2 per cent of budget estimates.

VAT increases states revenues by 15% in Q1
Indias new value-added tax (Vat) has boosted revenues of cash-strapped states by 15% in the April-June quarter and the trend will continue in the next quarter as well. Value-added tax, introduced on April 1 this year, is the countrys most ambitious tax reform in five decades which replaced a complex web of sales tax at the state level to simplify procedures, plug leakage and raise revenue collections. VAT was launched after much dithering as most states feared a dip in revenues in the initial period. Most states are nearly bankrupt due to a fall in revenues with many not even in a position to pay their employees on time. Growth has been 15.3% between April and June. In August, on average, it will be 20%. The second quarter will not be less than 18%. The average historical rate of growth throughout the country is 10%, and at most it is 12% and never more than that. As against 12%, 15% is not bad and 20% is highly satisfactory.

Blackbird_money (yahoo id) , stocknewsonline (yahoo id)

www.bcozindia.com

Cell: 98290-59892, 98299-81261

Disclaimer: Stock Market trading involves risk and this email does not warrant or make any representations regarding the use or the results of the materials posted on this group in terms of their correctness, accuracy, reliability, profit, or otherwise. This group does not guarantee the accuracy or completeness of any information and is not responsible for any omissions.

ICICI : Stock on the move 1st Sep. 2005

Mcleod Russel India

Sun Flag Iron & Steel

Deepak Fertilisers

Mcleod Russel India	Reco price	Target 1	Target 2	Stop Loss
Mcleod Russel India	Rs 61.05	Rs 69.00	Rs 78.00	Rs 55.00

Date: 24/08/05

Mcleod Russel is a classic turnaround candidate returning into the black in the first quarter of this year. On net sales of Rs 316.89 crore, the firm posted a loss of Rs. 19.74 crore in 31 March 2005. However, the company bounced back into the black in Q1 with a net profit of Rs. 9.69 crore against a loss of Rs. 7.7 crore. Part of B.M.Khaitan group, the company is engaged in manufacturing of bulk tea. The company was originally part of Eveready Industries Ltd. The company demerged its dry cells business & tea business in two separate companies. The demerged tea business company was recently listed as McLeod Russel India Limited. The de-merger of bulk tea business from Eveready Industries was the first step towards consolidation of the group tea business. It recently completed its acquisition of Williamson Tea Assam Ltd from London-based Magors, thus becoming the largest integrated tea company in the world. Being in the last leg of a turnaround and impending consolidation in the tea businesses are the two triggers in the stock.

Top

Sun Flag Iron & Steel	Reco price	Target 1	Target 2	Stop Loss
Sun Flag Iron & Steel	Rs 15.80	Rs 18.50	Rs 20.00	Rs 12.50

Date: 24/08/05

The positive outlook of the metals sector over the long-term and the recent price hikes has brought the focus back on metal stocks. A low-priced stock, Sunflag Iron, has returned on the investment radar. Promoted by Kenya based Bhardwaj brothers in 1984, the firm manufactures special steel long products mini-mill, mild and alloy steel rolled products. A consistent profit earner, the company is de-risked from the natural vagaries of the metal cycles as it services core sector industries like Automobiles, Railways, Defense, Agriculture, Engineering Industry etc. Apart from the regular business upturn the company’s foray into stainless steel is likely to add to the topline and bottomline. A strong fundamental outlook and favourable technical formation on the charts are the key triggers.

Top


Deepak Fertilisers	Reco price	Target 1	Target 2	Stop Loss
DEEFER	Rs 74.80	Rs 81.50	Rs 89.50	Rs 68.00

Date: 24/08/05

Deepak Nitrite and C K Mehta promoted Deepak Fertilisers has reported strong quarterly results. It has posted revenue of Rs 138.27 crore against 123.59 crore for the quarter ended June 04. The quarterly NPAT has increased 71.4% YOY to Rs 22.62 crore against Rs 13.20 crore. Growth was largely driven by the ammonium nitrate business, which is also likely to witness increased buoyancy due to the upswing in the mining & infrastructure sectors. The methanol and nitric acid businesses are expected to grow annually @ 10-15%. The leadership position in industrial chemicals such as Ammonia, Methanol, various grades of Nitric Acid and liquid Carbon Dioxide in the country also gives the company an edge over others. DFPL has assured supply of crucial raw material - Natural Gas - through Deepak's own gas pipeline direct from Bombay High gas fields, makes the company cost competitive. Considering the above, the stock holds good value preposition both for short term as well as long term.

Top

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RBI TO PENALIZE SYNDICATE BANK

Dear Friends/Investors, ***IMPORTANT NEWS FOR SYNDICATE BANK FUTURES - GO SHORT THURSDAY**** RBI TO PENALIZE SYNDICATE BANK AND OTHER BANKS FOR NOT PUBLICZING EFT, BANKS HAVE HIDDEN THE INTERNET TRANSFER OPTION JUST TO HOLD PHYSICAL CHEQUES AND ALSO CHARGING HIGH RATES WHICH SHALL NOT BE DONE OTHERWISE. SYNDICATE BANK FUTURES TO GO DOWN ON THURSDAY'S TRADING SESSION, I HIGHLY SUGGEST EVERYONE TO GO SHORT SYNDICATE BANK FUTURES AS SOON AS THE MARKET OPENS. ITS EXPECTED TO REACH LOWER CIRCUITS ON THURSDAY. ENJOY THE CALL AND I SHALL KEEP YOU POSTED ON MORE NEWS. RBI DEMANDS INTEREST IN BANK DEPOSIT RATES, NEGATIVE FOR BANK SECTOR. RBI TO PENALIZE BANKS FOR NOT PUBLICIZING EFT, ALSO NEGATIVE FOR BANK SECTOR.

FORD TO INVEST IN MAYAPUR (WEST BENGAL)

8/31/2005 23:22 (Memorable Market News) Alfred Brush Ford, scion of US automobile pioneer Henry Ford, has decided to invest in three projects at Mayapur in the eastern Indian state of West Bengal that hold potential for creating 15,000 jobs and arrival of three million tourists. http://www.investing-news.com/artman/publish/article_1248.shtml

Hello,

Thanks for the letter and ur queries. You have touched upon a very important point. I have received 100s of queries on the couter of Radhe Developers Ltd.

Let me answer them one by one:
First let us go through some of the news flow, in the counter:

1. Radhe Developers (India) Ltd has has embarked upon a major social responsibility initiative in its run to simultaneously achieve its goal to enhance awareness amongst investors investing in real estate.
There is a great achievement by Company by bagging order work of Rs 500 million from Nepal's Semi Government Corporation in which they Propose to built a shopping mall and multiplex in heart city of Kathmandu in Nepal. This will benefit Company in a huge manner in current fiscal.
The Company is in final stage of the deal to make it own state of art resort & spa of international standard & five star category with the leading group of Nepal and company has got good response from tourism corporation of Nepal. Further company on its own negotiating with leading casino company to built international standard casino in Nepal & for that or procedure is in final stage. Looking to all above development in company it
seems company's growth will be very good in future and it will gain investor's confidence in near future.
Further the Company has informed that it is also in the process of developing a golf course on the outskirt of Vadodara city. This will be an added advantage to cosmopolitan population of Vadodara city. Company also proposes to set up more golf courses in metro cities of India along with resorts and town ships which will enhance the growth of the Company.

2. Radhe Developers (India) Ltd has informed that the Board of Directors of the Company at its meeting held on May 10, 2005 have decided against Rights issue for the time being.
Further the Board has decided to convene an Extraordinary General Meeting of the members of the Company on June 18, 2005 to consider subdivision of the face value of equity shares from Rs 10/-each to Rs 1/- each and consequential amendment in the Memorandum & Articles of Association of the Company.

3.Radhe Developers (India) Ltd has informed that an Extra Ordinary General Meeting of the members of the Company will be held on March 14, 2005, inter alia, to consider the following:
a). Increase in Authorised Share Capital of the Company from Rs 26,00,00,000 to Rs 56,00,00,000 by creation of 3,00,00,000 new equity shares of Rs 10/- each and consequential alteration in Memorandum & Articles of Association of the Company.
b). Raising of additional long term resources.

4. Radhe Developers (India) Ltd has informed that the Company has taken over a running commercial project under execution in the commercial area of 'Paldi' in the western city of Ahmedabad. The project cost is estimated at Rs 80 million of which Rs 50 million has already been deployed in the project. The project is scheduled to be completed by March 2006 with estimated sales realization of Rs 125 million and surplus of Rs 45 million.

Further the Company has informed that it has planned to foray into 'Infrastructure Development Sector' and is in the process of launching a township called 'Ajwa Acres' near the city of Vadodara approx. 15 kms from the National Highway No. 8 on the bank of Ajwa Lake and just adjacent to the 'Ajwa-Nimeta gardens - a place that attracts numerous visitors. 'Ajwa Acres is proposed to be promoted as a business/technology park housed with all modern amenities shall be an ideal vehicle for providing integrated infrastructure facilities. The company is considering signing up an MOU with the GIDC, Government of Gujarat for the said project. The project is estimated to cost Rs 4550 million that will be completed in 5 years of time that shall have an estimated gross sales realization of Rs 6570 million. The negotiation for acquisition of the land for the initial phase is in the final stages. The project will be undertaken in two phases, the first phase shall commence in March 2005.
The promoters of the Company has already contributed Rs 50 million in the commercial project at Paldi and plan to contribute further Rs 160 million for acquisition of land for Ajwa Acres. The said fund of Rs 210 million by the promoters is proposed to be available to the Company by way of capital and thus at no extra revenue cost.
Taking advantage of the promoters, and Radhe group's past experience of 6430058 sq ft. of property development valuing Rs 820.40 million and the services provided to the esteemed Sahara Group for its large-scale townships, the Company is entering the Infrastructure Development Community with its 'Ajwa Acres' township. The township project also comes in the time when the lean period of the real estate market is a matter of past and the Indian economy vis-a-vis the real estate market back on the fast track. The Company, after the lean period, will be back in the main stream with these projects.

5. Radhe Developers (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 10, 2005, inter alia, to consider the following:-
a). The proposal of Nepal Government's Corporation to acquire 10.18% stake in the Company at $1.59 per share.
b). Splitting of face value of Equity Shares of the Company from Rs 10/- to Rs 1/- each.

3. Rights issue of Equity Shares of the Company and terms & conditions thereof.
4. Fix the date of Extra Ordinary General Meeting of the Company.
Besides this the company is coming up with an IPO and also the company has just started a project of 160 flats in Ahmedabad.

Besides this the company has already started work for 160-flat project in Ahmedabad, which is expected to be completed within 3 months.

Now the question comes whether one should remain invested in the company or exit. Let me analyse these ………

See, to get out of the company now is to put forward your views that the company is coming up with an IPO at a price less than Rs.20, which is absurd in this case. According to my sources the price of the IPO will not be less than Rs.25. In such a bull market, the price of the said IPO, could be very high; as the companies try to cash in on the bull by extracing maximum valuations for any company from investors.

Secondly, someone is spreading the news that it belongs to the brother of Harshad Mehta and hence it is manipulated.

Hello……..from where does this logic come ? If this be so, why does people still recommend HFCL, Pentamedia Graphics, Silverline technologies, etc. which are from the K-10, basket of erstwhile bull turned prisoner, Ketan Parikh ? Will be right to say that since and company belongs to a brother of the great Rakesh Jhunjhunwala, and hence it will rise no matter what shit the balance sheet looks like? This kind of analysis is absolutely ridiculous. Do people not enter manpulated stocks by watching charts ? Have u seen the price of Sharp India Ltd. The company is in huge red and there is no plan of the compnay to get out of this mess, but the operators are very active in the counter so also a section of persons who buy share only seeing technicals. These days Japanese companies are fiding difficult to fight the brands from South Korea ( L G , Samsung, Huyandai Santro etc.).

Also this logic of getting out below Rs.20, endores the view that the company will never allow Nepal Government's Corporation to acquire 10.18% stake in the Company at $1.59(Rs.69 approx) per share.
How does such persons know that it will not be able to strike the deal at this rate?

I have told that I have good position in the company and I will not exit early as the IPO is coming in less than 50 days.

Some of these rumours have their roots in one of the moderators of a Yahoo group. And, I have no hesitation to say this. He thinks he is a great guy at 24 (years). There is another one who alsobehaves in a similar fashion,has a web-site, belongs to another group and is famous for holding conferences, with strict rules. Once the former said to me that, the company belongs to Daud Ibrahim and the don has come to India to jack up the share price to pay his lawyers. Do u see the absurdity in the analysis ??!! A man who can spend millions on his daughter’s wedding, will sell shares to pay for his lawyers’ bill? Oh God, can u help me out?

It is like saying that so and so prisoner has sold the Jail while inside, to pay for his lawyers bill…lol….,...

Such is the nature of analysis here and people are made to believe their cock and bull story in a systematic and planned way by organizing a conference and throwing these cocktails in the midst of all. The members who are present at that time add further colour to it and then pass packaged items to the group members, who pull the panic lever ( many of whom are new investors ) as soon as they see such reports. What they do not understand is that, such bear cartels are only wanting to pull the shares down to enter the counter and leave them in lurch. See the same thing happened in Morgan Ventures, BSEL, Kedia Infotech ( it was told to me, by one of the moderators of another group that I have fallen into the trap of Aniruddh Sethi and I would soon lose money). I had sold some, hearing his advice but kept some, which doubled in less than a month.

Moreover, I have said this in a number of earlier occasions also and specially during the February rally. These are just the persons who either do not want other picks to run high so that they cannot catch them at later stages, when they have sold some holdings or they are jealous of others making money and the analysts prescribing them; so that that people flock their services( most of which are paid).

My contention is to hold Radhe Developers Ltd. for some more time, so that the stock at least reaches it first target of Rs.24.There was a healthy correction yesterday and fresh money will come in today. This is necessary after such fiery run of 3 long days. What will u do if u run continuously for 3 hours ? Will u not stop a while and drink water? Same is case with the stock market. It needs a breather to move ahead in a healthy way. Also please note that if the Nepal deal is sealed, then it can cross Rs.60. The talks are in the advanced stage and a result is expected soon. The result can be either way.

Besides the company is doing well inspite of the disappointing results in the last quarter due to Gujarat Floods and also due to monsoons. Construction companies normally face problems of rain during the monsoons. It is expected to post somewhat good results in this quarter.

So guys hold on to this pick for some more time. I am still invested in the counter and I have no fear of Late Harshad Mehta’s apparition; this company is my baby like BSEL or Sunflag Iron and I have nothing to worry.

Yesterday I recommended Indus Networks Ltd. ( BSE Code--->532381) and Soma Textiles and Industries Ltd ( BSE Code--->521034) …….Indus might hit the upper circuits today, so do the morning trade.

Purchasing Indus Networks tomorrow, should be like, like singing the Raga "Brindabani Sarang" or "Bhim Palasree" directly after waking up from sleep. Or playing "Chakradars" and "Relas", in the Tabla after a very very brief "Uthan" or play "Jhalas" in the Sitar after super short "aalap" and "Jhod".

Got my point ?

See u in green todayin all the counters u trade……..

Regards,

Suman Mukherjee

India.

suman2004s@walla.com

suman_2004s@redffmail.com

suman2005s@gmail.com

Power Trading Corporation

Hope you guys must be Holding Radaan at 13.50 atleast and today it freezed again at 16.20 well target seems like 20 + now.. ONE MORE PICK NOW PTC CMP 50.30 Target 58 + ../ so guys pick it, untill wont get again, rishu107@yahoo.co.in

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