Archive for the 'SAIL' Category

SAIL,MUKAND,ZEEL,JPASSOCIAT, MCDOWELL,CHENNPETRO,LICHSGFIN,MARICO

October 21, 2008

SAIL @ 105 (211008) gets 1149 pancha-tattva points and is good for long term investment.

MUKAND @ 34 (211008) gets 873 pancha-tattva points and should be sold off and bought on declines.

ZEEL @ 147 (211008) gets 1396 pancha-tattva points and should be bought for long term.

JPASSOCIAT @ 79 (211008) gets 1488 pancha-tattva points and should be bought for medium term.

MCDOWELL-N @ 755 (211008) gets 839 pancha-tattva points and may be accumulated on declines in a few strokes.

CHENNPETRO @ 147 (211008) gets 841 pancha-tattva points and should be sold off and bought back on declines.

LICHSGFIN @ 242 (211008) gets 1386 pancha-tattva points and should be bought for long term.

MARICO @ 55 (211008) gets 861 pancha-tattva points and should be bought in small quantities on days of declines for long term.

BIRDINFO Stock Rx – A prescription for stock market

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Market Matrix – Repo rate cut by 100 bps

October 21, 2008

Friends,

RBI has, in a surprise move though in line of expectation, reduced the repo rate cut by 100 bps. This will affect interest rate scene in good measure and the bank would be also moderating rates on advanced for house purchase and other purposes. This is first cut since 2003.

SEBI has not taken kindly to lending and borrowing of shares for short sale out side India. He thinks that this practice not right and needs to be curbed but after further study of the matter. Stock lending in India has not taken off as was expected. He seems inclined to stop short sales by FIIs. There has to be some thing black at the bottom for market do not ordinarily behave the way they have recently.

FM gets parliamentary approval for fertilizer subsidy and for oil bonds etc of more than Rs 1.05 lac crs.

Nalco cut aluminium prices by Rs 5000/ton.

Kotak Securities says market is at near bottom.

Manmohan Singh expects that economy will be affected but would be posting higher rate of growth of 9 pc once the matters settle.

Renuka Sugar buys 67 pc stake in Gokak Sugar for Rs 69 crs. On second thoughts the sugar scrips will be good investment.

Paswan says Sail expansion will be on track. Also there is a possibility of removal of export duty on steel.

Nifty close up at 3122 and Sensex is back at over 10000 mark. The Asian markets were better today and the European markets are also doing fine. The DOW futures are better today. All in all the sentiment is improving but slowly.

HariOm,
Krsna Khandelwal

BIRDINFO Stock Rx – A prescription for stock market

Market Matrix – Repo rate cut by 100 bps

October 20, 2008

Friends,

RBI has, in a surprise move though in line of expectation, reduced the repo rate cut by 100 bps. This will affect interest rate scene in good measure and the bank would be also moderating rates on advanced for house purchase and other purposes. This is first cut since 2003.

SEBI has not taken kindly to lending and borrowing of shares for short sale out side India. He thinks that this practice not right and needs to be curbed but after further study of the matter. Stock lending in India has not taken off as was expected. He seems inclined to stop short sales by FIIs. There has to be some thing black at the bottom for market do not ordinarily behave the way they have recently.

FM gets parliamentary approval for fertilizer subsidy and for oil bonds etc of more than Rs 1.05 lac crs.

Nalco cut aluminium prices by Rs 5000/ton.

Kotak Securities says market is at near bottom.

Manmohan Singh expects that economy will be affected but would be posting higher rate of growth of 9 pc once the matters settle.

Renuka Sugar buys 67 pc stake in Gokak Sugar for Rs 69 crs. On second thoughts the sugar scrips will be good investment.

Paswan says Sail expansion will be on track. Also there is a possibility of removal of export duty on steel.

Nifty close up at 3122 and Sensex is back at over 10000 mark. The Asian markets were better today and the European markets are also doing fine. The DOW futures are better today. All in all the sentiment is improving but slowly.

HariOm,
Krsna Khandelwal

BIRDINFO Stock Rx – A prescription for stock market

SAIL

July 21, 2008

SAIL @ 125 on 21/07/08 gets 1069 panch-tattva points and you may regularly buy this stock and sell partly on jumps.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

Stock Matrix – ACC and SAIL

June 4, 2008

By krsna Khandelwal – A veteran market analyst

Friends,

ACC will add 7 M/T capacity over next three years. This will generate additional revenue of Rs 3500 crs. This way total revenue may expected to be between Rs 14 K crs to Rs 15 K crs in FY11. Even if it maintains net profit at about 10% of sales against 19% of sales at present, it will be able to post EPS of Rs 80/- per share. So, why have sleepless nights if ACC is going down. You may pick more of it. Though not a possibility yet if ACC becomes a take over target the acquirer will have to pay not less than Rs 2000/- per share.

ACC is cash rich too and would be looking for the expansion in capacity by acquisition of other companies/plants as well as expand through green field projects. Present locations are seeing expansion wherever feasible. As per the replacement theory its capacity of 22.4 M/T may well be valued at between Rs 20 K crs and Rs 25 K crs . This gives it an approx. value of Rs 1200/- per share .

Similar is the case with ‘SAIL’ and therefore I see some method in the madness in the present day trading in these two scrips.

According to Census 2001 , India has 35 cities with over a million population. It is estimated that these cities would require $29 bn to upgrade the transport infrastructure.

The auto sector has posted decent sales growth in the month of May 08. All the segment in auto sector have performed better.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market