GOOD PICKS..............

Indowind Energy Ltd hit the buyer freeze yesterday. The stock was recommended during the market hours to the Paid Groups through an SMS. Indowind Energy Ltd which has face value of Rs.10, is trading very cheap as compared to Suzlon Energy Ltd, though there is a slight difference in the business model of both the companies. In the March, 2009 quarter, the company came out with excellent set of numbers. The total income of the company for Q4Fy09 came out to be Rs.31.91 Cr as against Rs.3.44 Cr in the same period previous year; which included an other income of Rs.2.9 Cr. The Profit Before Depreciation and Tax jumped to Rs.2.14 Cr in Q4FY09, as against Rs.99.9 lakhs in the same period previous year. The net profit of the company almost doubled in Q4FY09 as compared to the same period previous year inspite of higher, interest and depreciation. Indowind Energy Ltd earlier informed BSE that the Company have commissioned its II phase of 9 MW Wind Energy Project on March 28, 2009 at Chitradurga. With this the total capacity of Indowind Power Division is 35.65 MW (including .75 MW commissioned in TN in Mar 09) & Capacity of Asset Management Service Division is 31.26 MW. And the overall capacity under Indowind Energy Ltd as on date is 66.91 MW. THIS IS MASSIVE CONSIDERING THE PRESENT PRICE OF THE SHARES OF THE COMPANY.
Indowind Energy Ltd has decided to establish a subsidiary / joint venture Company at "UAE or at any other place outside India".
Indowind Energy Limited develops wind farms for sale, manages the wind assets, and generates green power for sale to utilities and corporates. It also does turnkey implementation of Wind Power Projects, from concept to commissioning. It undertakes Wind Asset Management Solution for installed assets, including operations, billing, collection of revenue to project customers. It is also a candidate for the much coveted CERs (Carbon Credit) Sales and Trading.
If Suzlon Ltd (Rs.2, Face Value) is trading around Rs.136.8 (Rs.684, considering Rs.10, Face Value), then why should Indowind Energy Ltd with such massive capacity and lot of other projects in pipeline be trading at Rs.45.15!!?? Hence I am expecting Indowind Energy Ltd to be trading around Rs.175--Rs.200 in the coming days.
Ram Informatics Ltd in which Kajol Devagan holds substantial position hit the buyer freeze. Since most of the business of the company comes from domestic market and hence its share price is directly related to the growth of the Indian economy---herein lies the catch.

VLS Finance Ltd hit the 2nd consecutive buyer freeze. The stock is nowhere near the first target and hence some more upper circuits are expected in this counter.
VLS Finance Ltd: Company also has following wholly owned subsidiaries:
VLS Securities Ltd
VLS Asset Management Ltd
VLS Investment Ltd
Now company is exploring the possibilities in real-estate sector-not as a developer but through a SPV that develops commercial real estate in Delhi. When rental incomes stabilizes, company will exit SPV and make hefty profit. Company is planning investment of approx Rs.50 Cr for this purpose. This is one of the greatest triggers when most of the Real Estate Stocks are on fire.
MAIN TRIGGER: Company had invested, in 1995, Rs.7 Cr in Sunair Hotels to acquire 25% equity stake. Sunair is owns/operates a 5 Star Hotel named "METROPOLITAN" in one the most sought after areas of Delhi. Singapore based company was supposed to bring funds in Sunair but withdrew from the project . Thereafter, things took ugly turn with charges of mismanagement and misappropriation of funds. Now, VLS is engaged in court case against Guptas (other promoters of this hotel). If VLS wins the court case, VLS stake in Sunair will go upto 87%.
Market value of this hotel at present is approx Rs.700-800 Cr. It appears that promoters are faily confident of winning the case as they had, few months ago, bought big chunk of VLS shares from open market . Now, promoters have sent a notice to BSE that they plan to buy Rs.5 lakh shares of VLS from open market. Once VLS gets 87% stake in Sunair (post court judgement in favour of VLS), Share price of VLS can zoom to XXXX levels (This portion to the Paid Groups). If company loses the court case, it will still continue to hold 25% stake in Sunair and still share price can go upto Rs.XXXX levels. A low-risk High-reward opportunity.

sumanspeaks

SARDA ENERGY & MAINES LTD. - A VERY GOOD SHORT - MEDIUM TERM INVESTMENT

Sarda Energy : Annual Results (Crores)

0803-3-(12) 0703-3-(12) 0603-3-(12) 0503-3-(12) 0403-3-(12) Sales
624.82 235.37 241.19 242.27 117.34
Other income
4.96 4.07 1.00 0.51 0.14
Employee Expenses
11.27 4.25 4.05 3.19 1.99
Other Expenses
90.60 33.91 65.37 106.91 53.14
Total interest
12.11 4.94 3.07 2.47 0.34
Gross profit
161.32 26.34 17.83 33.78 15.90
Provisions Made
0.00
0.00
0.00
0.00
0.00
Net depreciation
22.14 7.95 6.61 4.27 3.45
Total taxation
17.75 0.00 2.59 11.64 1.13
Extra ordinary item
0.00
-6.29
3.39
0.26
0.00
Net profit / loss
121.43 12.10 12.02 18.13 11.32
Equity capital
34.05 13.08 13.08 13.08 13.08
Agg. Non-Promotor Shares (in Lacs)
105.50 50.90 33.83 33.83 37.93
Agg. Non-Promotor Holding(%)
30.99 38.91 25.86 25.86 29.00
EPS (in Rs.)
35.66 9.25 9.19 13.86 8.65HE

THE TARGET IS 135/- WITHIN 3-4 WEEKS.

Ennore Coke Ltd:

Ennore Coke Ltd: Ennore Coke Ltd is about to hit the buyer freeze as there are very little stocks for sell in the markets. The company has purchased a number of mines abroad and looking to purchase more in the days ahead to make Ennore Coke Ltd a Rs.5000 Cr company. Ennore Coke, listed on the BSE, is an associate company of Shriram EPC Ltd, part of the Chennai-based Shriram group, which has a 32 per cent stake in the company. It produces coke, used in the conversion of ores into metals, from coking coal that comes from mines. Coke is a key raw material in steel production.
Today, Ennore Coke has more than 410,000 tonnes of capacity under its command, half of which is through an arrangement with a company called Durgapur Projects Ltd. Ennore Coke outsources coke manufacture to Durgapur Projects. In addition, Ennore Coke recently acquired an 80,000 tonne coke plant from Wellman Incandescent, in West Bengal, for a consideration of Rs 30 crore. The rest of the capacity comes from the newly commissioned plant at Haldia that has a 12 MW thermal power plant that produces power from waste heat from the coke plant.
It is worth mentioning that a goup company of Ennore Coke Ltd, Ennore Power Ltd acquired Cuttack-based Wellman Coke India Ltd, last year. The acquisition, which took place in June 2008, added 1 lakh tonne to Ennore Coke’s production capacity. Its capacity will be raised to 5 lakh tonne by September 2009 and it will market the entire amount under Ennore Coke brand, according to my close sources.
Earlier Mr. Ganesh Natarajan, president and CEO said that the company had taken up contract manufacturing of Nilachal Carbo Metallics which gave it 60,000 tonne capacity. More recently, it has also finalised an agreement with M V International which has two units of 36,000 tonnes each located at Jajpur.
The coke business has been good for the company with the steel sector comprising almost 65-70% of sales and is presently looking good. The balance comes from sale of foundry grade coke. The company counts the likes of Usha Martin industries, Adhunik Metaliks and Neo Metaliks, among its clients. Ennore Coke is also pitching for a 90% stake in Australia’s Broughton Coal Mine. The group has also acquired 60% stake in a coking coal property in Arkansas, US. The latter has given it access to good quality coking coal, a key raw material in manufacture of coke.
OVERALL Ennore Coke Ltd IS A VERY GOOD STOCK TO ACQUIRE/ACCUMULATE FOR THE SHORT TO MEDIUM TERM PLAY. THIS COKE COMPANY IS WAY AHEAD OF ITS COMPETITORS LIKE GUJARAT NRE COKE AND AUSTRAL COKE LTD.
Posted by SumanSpeaks

Reliance Industrial Infrastructure Ltd - A very Good Bet

Reliance Industrial Infrastructure Ltd moved to Rs.796 before coming down a bit. What is the latest on project which the company undertook earlier for laying of two cross country pipelines from Bharat Petroleum Corporation`s (BPCL) refinery at Chembur in Bombay, Maharashtra to Reliance Industries (RIL) Petrochemicals complex at Patalganga in Maharashtra to transport petroleum feedstock from BPCL for the exclusive use of RIL??!! It is worth noting that the pipelines would be owned, maintained and operated by the company under an agreement entered into with RIL. The pipelines was scheduled to be used for transport of its petroleum feedstock. THE STOCK of Reliance Industrial Infrastructure Ltd, SHOULD BE GRADUALLY MOVING TOWARDS THE RS.1250 MARK IN THE DAYS TO COME.

Reliance Industrial Infrastrucutre Ltd............

Reliance Industrial Infrastrucutre Ltd moved up to Rs.844 before cooling down a bit. According to a noted analyst: "Reliance Group is trying to make Reliance Industrial Infrastrucutre Ltd, a full-fledged gas carrier because the Krishna Godavari (KG) Gas basin production has started. The Reliance Group is the promoter and the Ambani family has set up the gas pipeline from Kakinada to Baruch of 1,400 km with a capital outlay of close to Rs 3,500 crore. That pipeline is not owned by Reliance Industries or by listed company but by a closely held company, so the idea was that this company will get merged or this project will be taken over by Reliance Industrial Infrastructure and becomes a full-fledged gas carrier company.
He further added, the present turnover of Reliance Industrial Infrastructure is at about Rs.60-70 crore on which they make a profit of close to Rs.20 crore. Suppose, once they takeover this project their topline can balloon, maybe to about Rs.600-700 crore with bottomline of about Rs.200-300 crore, so that will give a very good jump.
Presently, 45% stake of Reliance Industrial Infrastructure is held by Reliance Industries Limited suppose there is a chance or if one presumes that this pipeline company gets merged with this Reliance Industrial Infrastructure, this company will come to its size having a very good presence. Then in future because the group is planning to lay pipeline across the country maybe from Kakinada to the Central part of the country to the southern part of the country, as well as the city gas distribution project can be taken up by this Reliance Industrial Infrastructure.
So they will be taking a reasonable size of this company, which translates into a market capitalization of close to USD 2-3 billion and those argument or those expectations seems feasible the gas production started from KG basin, this 1,400 km pipeline can get merged into this company. If that happens then this will vastly change the fundamentals or vastly re-rate the Reliance Industrial Infrastructure from hereon.
And if the plant gets moved on or gets advanced on these fronts the share price can even cross four-digits".
He further states, " Reliance Industrial Infrastrucutre Ltd (RIIL) is is a closely held company, the shareholding is not owned by Reliance Industries or any of the listed arms. For sake of argument if it gets merged and they issue the shares the effective shareholding of the Reliance Industrial Infrastructure post merger will be held by the Ambani family, maybe to the extent of 45% by Reliance Industries which is held by them now. But thereafter the additional or the new shares will get issued to the Ambani family in their personal capacity."
What I feel is that at the current market cap, the stock is still looking cheap considering the potential of the company going forward. Moreover, the fact that it is associated with Reliance Industries Ltd, who is holding 45.43% of the shares of the company, adds further value for the shareholders. Also, Reliance Capital Ltd is also holding position in the company. So both the "Ambani Brother" are having holdings in the company, which further adds to the value.
Now if Anil Bhai Ambani, wants to further increase his stake in the company, from the present paltry state to have further say in the company's activies, I cannot imagine to what price the share can shoot to.....May be Rs.5000 or may be more; considering the topline of Reliance Industrial Infrastructure Ltd of about Rs.600-700 crore and bottomline of about Rs.200-300 crore. ...Therefore, remain invested and keep a strict watch on the counter.
sumanspeaks:

Vishal exports overseas Ltd:-The multibegger !!!!

Vishal exports overseas Ltd :

Cmp:1.00 Rs

Bse code:532618

In A bull market,you will come across several inventive variants of a sob story.Something just like "One my relatives made tons of money in the stock market. He had a friend who worked for a big operator. Every time he bought a stock,it doubled within a month.I was tempted to go along, and the next time he bought a stock,I bought it too. That stock doubled. Then I sold some jewellery,took an advance against my provident fund and put it all into the next stock he recommended. This time, the stock went down.I waited for a year hoping the price would recover.Finally after I'd lost 75 per cent of my capital,I sold.Oh,and my idiot relative too lost a packet!" It's easy to lose big money in a bull market.Prices are inflated, the financials of "hot picks" are often dubious,everybody has sure firekhabar.Above all, many bull market participants tend to be inexperienced and sometimes arrogant; and they tend to get drunk on success. When prices fall, most of them lack the discipline to admit they've made mistakes and exit with dignity. Anyway all said and done,forget it.Very recently one of the most respected panwala in our town,Vanu prasad came rushing to me with his "Sureshot Multibagger tip",It was a long time since we met and bhanu sahab was all smiling with his flamboyant baskets of orbit white teeths."Babua panoa ka dhanda khatma karke ham agaya ab marketwa mey,Apna nonua ne ek tagdi company mari hain aur woh popatwa saf saf kahediya "Vishal Exports" 3rs bhau wala lene ko jo ki "Bilwa" ka 'microsoft'se bhi tez bhagne wala hain kuch dino mey.I got awe struck,nerves got swindled,I took a long breath and bhanu bhaiya added further,"Babua tohre pas isliye ham aya taki tu bhi tohre 20 ke umar ma apne pairo se khara ho sake"Beta ham chalte hain aur "YOU NO PAN CHIBING NO CIGARETE FUKING ONLY BIRIYANI" dekh is tipwa ke sath apna confidence wa bhi agaya...Pitir pitir karke ham angrezi bhi jharne lage...ehehhehehehe,he giggled once more and went away"...I couldnt make much of his versatility though i do agree whole-heartedly that his english accent came superior to many of the MP"S of our country. The next moment i rushed to my laptop with an unexpressable feeling,audacity was all the way as i even planned to sell my lappy for the next microsoft.So ladies&gentleman let me present you the 'considerably under researched hidden gem,Vishal Export overseas".After a bit of surfing i got the "chabi"(key) to the "Kuberdhan",the Director"s report.So let"s move on..what say?It is one of the leading players in the EXIM business in India, in terms of "revenue and profits".The Company is engaged in the business of exports and import of Agriculture products, precious metals, chemicals, etc. The Company also got expertise in domestic and international trading of agro based commodities.Wow,great,stunning i said to myself what a great business model,i mean just consider the company buys "ALU,GOBI" and bang exported to the firangis.It exports precious metals too like?kya hain bhai...mili nehi raha hain..hmmm rehno do baki dekhte hain...minerals bhi gaya tel lene... OOPS...Its into power generation too,Hydel power&Wind power generation,i whispered 'Bhanu bhaiya sahi tha'.So now you are getting a "Microsoft(according to our respected bhanu bhaiya),Tata power and a suzlon...a mix of 3 in vishal exports..can it get better?Choti muh aur bari bat"did u get that my fellow folks? Now a look into the financials and the shareholding pattern.......Oh it rewarded shareholder with a bonus too,now my confidence gets a booster again..why not such a great and dynamic business model is there for u to grab.. Sales and profits...rona agaya..pucho mat bhai...khud hi dekhlo...Mom let me have a hankie please.....The company decided to sell/transfer its 'Wind farm project'...which hardly contributes anything...are ruko yaar,i recollected a scene from the bighit film,"Bunty aur Bably"..agar Taj mahal ko kiraya mey diya ja sakta hain to 'Wind farm project' bechke bhi company "Arbo" kama sakta hain...now its upto u guys to differentiate betwen the film scene and the reality.. The 3 promoters,The Mehta family sold more than half of the stake of themselves in the last several months...Hmm god knows whats in store of mine...I guess i am there now to replicate bhanu bhaiya in his "Purane Pan ka dhanda... Its presently quoting at near 1rs...To opt urself for the "Chaddi pe gaddi offer" u can ride on to the helicopters of the company..Hmm am depressed,just tuned to the song of Atif,"Hum kis gali ja rahe hain apna koi thikana nehi"....

IKF Technologies Ltd:-Future outlook/potential/recent news/buy or sell ikf technlogies?

IKF Technologies Ltd code: 532414 cmp:2.15

Story:Whenever the markets are on a boil, there has to be some froth. As the frenzy increases, investors are ready to buy almost any story. And if that story comes in the guise of an "undiscovered" winner, whose fundamentals are strong, and valuations weak - then it provides additional fuel to the burning desire of those who do not want to be "left out".And when investors are so gullible as to buy into any half-plausible tale, it brings out the creative best in many companies and their stock market advisors. This is also the season where many "undiscovered" stories routinely take up costly advertising space in this newspaper - hoping to attract attention, usually with the help of some astonishing results or announcements.A few days ago, I spotted results of Hyderabad based IKF Technologies .It never performed in the last 5 years,bottomline went nowhere but topline surmounted to 28crs in 08 from nothing in 04.Now these figures are truly dramatic. Unfortunately, neither the quarterly results nor the company website provides much clarity on where these revenues came from. All they've said in the quarterly advertisement is that they are tapping the immense potential in bio-fuels (meant to replace petrol or diesel) by investing in plantations over several thousands hectares in some countries. Now that is a huge amount of land! But I have no idea what they're planning to plant, nor where the money to do this will come from.Wondering how BPO and bio-fuel fit together got me motivated enough to check out their web site, the BSE and several other sources. And the story only got curiouser.According to the company web site, their main business is in technology solutions. These services are not defined in great detail, but generically described as product development services, IT services, technology consulting, etc. In fact their web site has just four visible pages! Maybe the fact that they were getting nowhere with their software business has nudged them towards the two divergent, but currently "hot" businesses of BPO and bio-fuel?The company was originally set up in February 2000 under the name of IKF Software.Com Ltd, and went public almost immediately. And yes, I almost forgot, shortly after the dotcom frenzy subsided, they changed their name to IKF Technologies. Adding to the noise around the stock is a multitude of recent announcements (they sure seem to have had a lot of board meetings in the last few months!)Check that out folks.From all this, one can gather that there is a lot of action within the company. However, the public announcements and disclosures are completely inadequate in terms of telling investors what is truly going on. I've spent a few hours searching for detailed information, but all that is available are press releases or announcements of grand plans.Ultimately, a real story will have some truth behind it.Offlate there has been lot of noises too of IKF being the next big multibagger.Analyst fraternity,self proclaimed investments gurus are pocketing lakhs of shares of the counter.Promoters increased some stake but still the holding pattern is pegged at a pretty low comfort zone for me.Every serious company provides justifications and backup data, from billing rates to employees to costs to client acquisitions and the like - which help provide credibility.But when grandiose announcements, a sudden spurt in trading volumes and prominent ads in the papers all coincide, and that too in the absence of plausible explanations - then any investor or analyst would be justified in being extremely skeptical. I know I am.
Posted by arun at 7:59 AM