JPT SEC - KLG CAP - a Real PLATINUM STOCK !!

Three of Gandhi's acquisitions soar in a falling market.Why is the man who's talking about multi-billion dollar investments picking up micro-cap firms with an equity base in the Rs 3-10.7 crore range?

The answer would be evident from the way the stock prices of these three companies, Horizon Infrastructure, JPT Securities and KLG Capital, have been regularly hitting new highs in 2008. At a time when the broader market has only been falling, these three companies in which the SKIL group has mopped up majority stakes have soared between 200 and 1,700 per cent till June 30, 2008! SKIL group company Awaita Properties bought 60 per cent in JPT Securities from its promoters through market purchases in April and 60.5 per cent in KLG Capital in February. In Horizon Infrastructure the group has a 55.3 per cent stake. Gandhi told BT that all these companies are now a part of the SKIL group and he has big plans for them. Horizon Infrastructure, for instance, will develop tourism infrastructure in Himachal Pradesh.The big question, of course, is how can these companies with no fundamentals worth writing about shoot through the roof in a bearish market.Marketmen point out that the stock floating in the market of such companies is extremely low, which makes it easy to keep the price rising. However, there's a buzz amongst punters that the SKIL group will transfer some of its infrastructure projects to these companies. Gandhi for his part says the group has plans to enter financial services and private equity through JPT Securities and KLG Capital, respectively. "They will see some dynamic action over the next 12 months," he hints. The SKIL group has signed a 50:50 joint venture with Iceland-based Askar Capital for a private equity foray. Till such time that any of Gandhi's proposed mega-projects are transferred into these three companies, their stocks will continue to be a punter's paradise......