Vinati Organics:-Undervalued star

Scripscan:Vinati Organics Ltd

Code:524200

Cmp:100

Target:160

Duration:6-9 months

Traded on:BSE

Introduction:
Vinati Organics is engaged in the business of producing IBB (Iso Butyl Benzene) and ATBS (2-Acrylamido 2 Methylpropanesulfonic Acid).

Why i like the counter?
1)The company with a capex of about Rs.35crs is presently expanding its ATBS facilities from 3k MT to 8k MT and the same is expected to be completed by June 2008.This expansion will make the company the world's second largest producer of ATBS.ATBS is a specialty monomer used in oilfield and mining chemicals, water-treatment, acrylic fiber, personal care, emulsions, adhesives etc. The world demand for ATBS is growing steadily and is expected to increase 2 to 3 fold with the production of enhanced oil recovery polymers.The company is in the process of finalizing long-term supply agreements for ATBS with worlds largest buyers based in USA and Europe.

2)The company has entered into a long-term supply agreement with BASF, USA, world's lamest producer of Ibuprofen. The company has increased its Isobutyl benzene (IBB) manufacturing capacity to 14000 TPA and is the world's largest producer with 70% market share.IBB is one of the key raw materials for making Ibuprofen.The supply agreement warrants BASF to buy majority of its IBB requirements from the company up to 2011. The contract can be renewed for additional three years and is expected to contribute up to Rs 240 crore in revenue in the first five years. As per the contract the monthly selling price of IBB is adjusted based on monthly world prices of key raw materials and exchange rate, thus minimizing the company's exposure to these variables.The production and supplies have ramped up since July and the coming quarters should reflect all the developments.

3)The company is planning to convert its ATBS production facility into an Export Oriented Unit from a Domestic Tariff Area.It is understood that the process would get completed by these year itself.It means that the profits from the sale of ATBS could be tax-free for the next couple of years.

4)ATBS/Na-ATBS&TBA:At present except the company there are only 2 other major producers of these monomers in the world.As suppliers of these products are limited,customers remain very keen to work for a new source of supply.All the major users of these products are based in Europe or U.S.A.,thus they prefer to enter into annual contracts.

5)The company falls on the vagaries of currency fluctuation as it exports its products mostly.At present on some cases its passing the extra costs to its customer.Going forward,The Company is aiming at minimizing foreign currency exposure by entering in to forward contracts and negotiating currency risk-sharing deals with customers.

6)Crude oil is one of the prime inputs for the products of the company and in the last few months it increased significantly.Vinati on to a certain extent was able to pass the hike to its customers. Incase of IBB,Vinati has a long term price escalation clause with BASF.On the ATBS front the company faces competition in terms of dollar pricing from majors like Lubrizol.The company though is confident of maintaining margins in this specialty monomer by passing the price fluctuation to its customers.

7)On asking the management about their new product application,they clarifies by saying "We are working on projects such as producing the versatile and high value monomer Tertiary Butyl Acrylamide (TBA.TBA is a high margin product for us and realization per kg is in the range of $5.We have already sent samples to various customers and we expect trial orders to begin soon".Tertiary Butyl Acrylamide or TBA finds its application mainly in the making of hair gel and water treatment polymers.

8)The company recently rewarded its shareholders by issuing them 1 free shares for every 2 shares held.These certainly entails a lot of conviction in the company as it shows the confidence of the management in the growth prospects of the company.

Conclusion:
The company is expected to end the year with sales of about 150crs.Profits could be around 15crs resulting an EPS over 15rs.At present price of 100 its just quoting at 6.6 times its fy08 earnings.With escalating product prices,industry leadership,enhanced capacity utilization,new long-term contracts and roubust business prospects,Vinati organics may just prove to be another of my scrips which satiates ones desires through tremendous capital appreciation in the coming days.

Market Outlook !!!

Market shorter to medium term Outlook:

The $500 billion, 20-day loan, handed out to banks by European Central Bank has eased short term lending rates in the EU and helped the banks breath easy over the year-end. The amount is twice that the ECB thought the market would need and this dwarfs the $ 20 billion auction by the US Fed earlier. I believe this is a painkiller that has been administered to a tight economy and is not a remedy that will eliminate the root cause of the malady.So while short term looks assured, the crunch will come back to haunt the markets in the New Year.The markets were closed on Friday and then would open for a day on Monday next week to close on Tuesday for Christmas. Logically thinking, punters would not like to trade much in these sort of environment.Lighten up your positions from volatile scrips.


Market longer term Outlook:

The Sensex, at current levels, trades at around 19 times its expected 09 earnings which appears decent from an investment point of view. This takes into account expectations that the top companies will grow bottomlines by over 20% in FY09.However, the fact that most of the results declared so far have been in-line or above expectations, have provided the bulls with another reason to continue to pump in money into Indian equities. The results out-performance from major companies from sectors such as real estate,infrastructure has led to continuing euphoria on the street.I would, however, advise investors to remain cautious, as stocks have discounted valuations of the next 4 to 6 quarters which makes it a rather risky proposition to invest at the current juncture, as any financial disappointments by India Inc could have serious negative repercussions on investors' portfolios.
Happy and safe investing!

18900 ....crucial level on closing basis..

Sensex technical View :
Crucial supports for sensex is placed at 18900 zone which should not be breached on a closing basis. Be highly stock specific. Caution was advised for last few days to the clients as seen in the newsletters posted to them. Keep stoplosses and trailing stoplosses as conserving capital is more important then making profits.

Stocks to watchout for :

Panorama Universal ( 531816 )
High risk traders can buy the stock slowly betwen 124-118 and stop would be 114 on closing basis for a 140-165.

Weird Small cap ideas :
Two Birla Group companies in the highest risk segment.

Birla VXL
The stock has bounced back strongly after being beaten down and shifted to T2T segment and is now all set for possible fresh moves.Risky penny pickers can buy it for 3 months .

Shloka Info (511607)
A yash Birla group co which is into education software and publications !! Earlier the stock was to named Birla Lifestyles !! but with the current trend the new name is going to be Birla Shloka Edutech as per the announcements.... Very high risk stock !!!

Control Print:-Continuation of unnoticed land bank stories

Some land bank stories still available at market.Let me present you them.When the market realises these stories,the value can be tremendous.It would be prudent to note that the below mentioned scrip is not just a land play.The company posses decent fundamentals, solid prospects,bright outlook and huge potential.

Control Print India Ltd

Code:522295

CMP:60

Triggers:

1)Market Value of its quoted investments works out to around 18crs.

2)Videojet:Some times back the company decided to end distribution arrangement of Videojet.Due to termination of distribution agreement, CPIL is likely to get Rs. 25 - 27 crs. as one-time payment.

3)Company owns 1.50 acre land in Mumbai which was bought for just Rs. 50 lakhs.Current Market Value of this land is around 40 crs.However, company is not selling this land. It is planning to make commercial space approx. 1 lakh sq. ft. Construction cost for the same will be less than 25 crs. However, market value of this commercial space can be 120 - 150 crs. Company has still not finalized whether this property will be sold or will be leased.Even if it is given on lease, it can fetch nearly Rs. 25 crs. p.a. as lease rent.

Valuations:

The company at prsent price of 60rs is trading at just 4.5x FY08E EPS.

Strange are the way of Regulatory Authorities

Strange are the way of Regulatory Authorities:-

Ispat Industries has recently been included in F & O category. Almost everyone in India will agree that there may be very very few parallels in Indian corporate sector to match wretched track-record of this company. At a time, when steel industry was witnessing best ever buoyancy, Ispat was still not showing profits. Although it is not easy to prove but there have been many many allegations about siphoning off the funds heavily by promoters and loss-making record is also a pointer in that direction. There have been many whispers in the market that company has been selling big quantities of sponge iron in cash (without bill). Moreover, there have been reports about inflating project costs.Liquidity/floating stock should be a big criterion for eligibility in F & O section.
However, should it be the only criterion? Is it not moral duty of decision-making authorities to give some weightage to promoters/company's track-record? It appears that Govt's intentions are to encourage speculative activities in stock market.And, protection of investors' from fraudulent promoters( thru pre-emptive measures) is never in Govt's mind.

Moreover, it reeks of double-standard mentality of Babus.Could there bigger travesty?? If a small-cap (for that matter any other co which is listed at BSE) company wants to list at NSE, company must have 2 year dividend-paying track-record.There are many cases where BSE listed companies have already paid 1 dividend but NSE refusing list them. Such companies are willing to declare interim dividend (so that criterion of 2 dividends is met) However, reportedly, NSE dont recognize interim dividend and insisting that Final dividend will be considered to meet criterion of 2 dividends. Does it mean that in the eyes of regulatory authorities,BIG IS HONEST AND SMALL IS DISHONEST?

However, more frighteneing is that there is more than what meets the eye.Bringing new scrips in F & O appears a big scam.It was common knowledge/talk in stock market since Sept 07 that 'Ispat will come in F & O" It is a pointer that promoters/big FIIs/stock exchange authorities may be hand-in-glove that "a particular scrip will be transferred to F & O after 2-3 months" which gives ample time for these institutions/individuals to buy such scrip at very low levels to make quick killing. Do you people agree with me?

Shristi Infrastructure Development Corporation:Go for it

Scripscan:
Shristi Infrastructure Development Corporation Ltd

Code:511411

Cmp:449rs

Target:650-700rs

Duration:2-3 months

Story:
The company is listing on tomorow,10th dec 2007.As you all know Peerless absan i suggested the counter at 16rs and it got delisted at 90rs persuant to the merger with Shrishti infrastructure.Shareholders got 1 shares of shristi for every 5 shares held in peerless abasan finance.Now shristi will list at trade to trade group with a 5% circuit limit.The base price has been fixed at 449.25rs.Due to the suitable market sentiment and real estate frenzy i expect the counter to hit 650-700rs in the near term.The company is planning to invest rs 3500crs in real estate over the coming 2-3 years.It has got hardly any floating stock available,so any good news or announcements would be cheered by the market.

New High !! IF U CANT BUY STOP SELLING .. implies to investors only :)

Sensex view :

Markets have scaled new highs but its not that convincing as a breakout into new highs if accompanied but good magnitude moves would be great. So selective picking of stocks needed. CLosing above 20400 for 4 sessions would confirm a fresh sustainable move.

As i had said before IF U CANT BUYING STOP SELLING ....implies to investors only ... trading money needs to be churned to generate more :)

I just remember a few lines which one of our clients and friend spoke. Sir aapse milne ke pehle problem ye tha ki kya buy kare , ab problem ye hai ki kya sell kare sab to chal hi rahe hai :) English : Before getting associated with u the problem was what to buy now the problem is what to sell coz all are running ..

So i dont understand whether we have solved some problems or created much more ;) ha:) Review : No time today so review this weekend ...

Be highly stock specific and in bull runs worst thing an investor can do is forget discipline and buy whole lot of pennies and junk their portfolio . Pennies are good money and fun but creating a habbit can be expensive !!!

Stocks to watchout for :
OBC looks excellent for long term players as a good banking stock which has not got its due. Earlier diwali picks PNB and Canara Bank are doing good :) Short term players can look for swing trades in Sterlite above 1150 , PUNJ lloyd and NTPC in small qty on declines.

Suraj Diamonds and Shrenuj Inds are good from investment point of view with a tgt of 20-30% in next 3 mths . Accumulate on every decline.

Take it from the Middle - Mid Cap Rocking!!!

The small and midcap rally is taking root in an unprecedented way in the Indian stock markets.High liquidity,decent valuations,good prospects are contributing to this phenomenon.Many people are suspicious of the manner in which small and mid-caps stocks have run up lately.However,those claiming to be value investors believe that small and midcaps truly holds tremendous future for long term investors.Both maybe deemed correct depending upon ur risk apetite and investment horizion.Amidst great volatility in the past 7 years,I have discovered that investments in midcap stocks have given much higher returns than large cap stocks provided investors held on to their investments amidst the occasional panic.Also investors should have bot stocks in companies with genuine business model and at reasonably low valuations.

If simple criteria like low PE multiple,good promoter background,genuine business operations and a reasonable dividend yield are followed for stock picking.It is unlikely that an investments wud go wrong over a 2-3 year time frame.Those who burnt their fingers in the tech bust of 2000 and the IPO boom of 1994 would recall that most of their money was lost in chasing stocks that quoted at a high PE multiples with no dividend track record and doubtful promoter groups.One of the most reliable methods of checking whether a company has genuine operations is to find out how much income tax and other taxes it pays,if a company is paying taxes then there is more likelywood that its business would be genuine.In addition,if the company is known for its promoters or products,then investors can be more comfortable while investing.It seems likely that in the months ahead,broader indices like sensex and nifty may not make significant moves,while midcap stocks could show more activity.This would attract attract retail investors and HNI individuals to invest in thes companies.

While it may be advisable for small investors to look at midcap stocks for more gains,they would need to follow a disciplined approach and remain cautious.Small and midcap stocks are highly prone to sharp falls when the mood turns bearish.In bad times if the indices falls 10% the midcap stocks can fall upto 25%.And the worst part is that volumes in these counters dry up when prices fall.Threfore small investors panic and exit their investments at huge losses.Sometimes they make not exit the investment and see the company completely vanish.My advice is that if u have invested in a genuine company with good promoters and a long track record,then short term volatility should not cause panic.Even if we look t huge falls in September 2001 or in april 2004,stock prices have climbed back to more reasonable levels within a short time.

Hester Pharma:The scrip to give vaccine to your portfolio

Another scrip which was suggested to members on 7th october weekly report .Here is the report.

Scripscan=Hester Pharma
Code-524669
Industry-Poultry vaccines
Qquity-5.2crs
Price-164
Target price-260
Duration-8-12 months

Introduction=
Hester pharma is one of the largest poultry vaccine manufacturer in india.With work force of around 182(doubled from around employees last year),Hester manufactures 40 differnt kinds of vaccines and supplies live as well as killed vaccines to leading briolers and egg producing enterprise in both domestic as well as in the international market.It is a iso-9002 certified company and has the distinction of winning good manufacturing practises by drug authorities.

Tie-up=
Hester is the exclusive distributor for Merial Inc in India who along with Akzo Nobel and AHP are the world leaders in animal health products. The tie-up provides the company to access the live vaccines for Mareks disease in Chicken wherein Merial is the market leader.Hester produces vaccines for Fowl Pox, Fowl Cholera, Bronchitis, Gumboro, AE, LT, REO, EDS and Newcastle diseases, besides combination vaccines.Moving beyond boundaries-The company has its sales offices in almost all parts of the country and has appointed distributors where it does not have a presence.With nearly all parts of the country covered hester is now planning to expand beyond india.Over the last few months hester has made substantial addition in the plant and machinery to expand capacity and also with the poultry industry getting bigger companies like hester are benefiting the most and thus opening up-of newer oppurtunities to them.The poultry vaccine market in india is increasing at a faster pace.

Export Thrust-
The company has been giving a huge thrust on exports and is currently penetrating in the middle east and african markets.Hester hopes to add more than 8-10crs turnover from the export market this year.Hester has an agreement with merial inc,u.s.a as their exclusive distributors for merial"s complete range of poultry vaccines in india.To avail advantages of lower costs of production, many international companies are in talks with the for getting poultry as well as other large animal vaccines manufactured by the company.With the completion of the expansion program,the company is confident of concluding agreements,which will give a tremendous boost in its capacity utilization,thereby improving the bottom line.

Capacity expansion=
Due to the on-going over whelming market demand, the company completed its expansion project and the new expanded capacity went on-stream in March 2007.The new expanded capacity is now 500 crore doses as against the earlier capacity of 120 crore doses The results of this capacity enhancement will be seen in this financial year.The new facility has distinct manufacturing areas for chick embryo origin, tissue culture and bacteria vaccines. Outlook=Apart from consolidating the business in the domestic market the company is aggressively persuing the export business of its products.Also after these massive expansions the company is having now one of the most modern plants in the world.I expect the company to become a a big sourcing agent for animal vaccines for many international companies in the coming future.

Financials-
The company has shown strong consitency in both topline and bottomline over the last 5 years and we beleive that the same trend is likely to continue in the upcoming years.Hester is looking at a turnover of 40crs this yr compared to 22cr last yr with PAT expected to be over 10crs(5.15crs last yr 2007).With a mere equity of 5.2crs ,E.P.S is expected to jump to around 20rs

Valuations-
Hester is on the path to exponential growth over the next two years. The current market price of Rs 164 discounts its FY08E earnings of Rs 20 by 8.2x.Given the high revenue and earnings visibility, i believe that the stock is highly undervalued.A discounting in the range of 13x gives us a target price of Rs 260 over the next 8-12 months.I rate the stock an Outperformer.

Why I chose the company-
Its into a very exciting space,poultry vaccines.Demand has been rising since last few years at a scorching speed.It has got no listed peers to compare with.Its backed by a dynamic and very aggresive management.The company increased its capacity by over 4 times which speaks about the demand itself.Has got immense potential in exports.Its such a competitive company that even imports cant make any significant dent to it.The company has got a small base,its an emerging story,looks great to opt for.As the company recently expanded its capacity and as the poultry industry is back on track after bird flu hassles,The company is certainly something to watch out for in the bourses.

Sensex Technical View :

Sensex has given a promising move on friday and closed above 19300 which is a good sign ... Above 19400 for few days can actually test the crucial 20k levels .... Sensex and nifty have tested the 50 dema levels in the previous correction .. As per all the previous moves bounce from 50 dema or 200 dema should be of bigger magnitude and in a matter of less then 3-5 weeks should make newer highs or if it doesnt then its a very weak sign .... Strategy is watchout for 19800-20000 as it needs be broken convincingly to expect a very good year end :) Reliance is the stock which can set the momentum .....

Review :
Avantel Soft given on FREE sms also does 20% freeze at 96 given at 80 odd :) hold on for more or book partial above 100 + .... IL N FS does 10% freeze hold with trailing stop for 360-400 also on higher side... TISCO doesnt break 795 so no trigger...Ispat does 50 + again from recommended levels of 18 and 32 now the world talking about it :) ... I continue to maintain my 1 yr view on the small cap steels segment to be multibaggeres namely Sun Flag , Ispat , Vikas Metals , Southern Iron etc .....

Some technical Views :
JSW steel , Hinduja Tmt , R systems intl charts posted in the blog below ....Long term investors can read the DIWALI newsletter posted to our subscribers on 5 th November quite some time before diwali .... Many of the stocks might have appreciated from the recommended levels but there is much much more left in the longer run ....

INTRA DAY CKt Hitters
MID DAY Multimedia ...The stock has given a good breakout on weekly charts ... Buy for extreme short term tgt of 70 and 85 .... for day traders can buy on opening bell with 58 stop for intra freezeTechnocraft and Sel manufacturing for risky day traders who can see 5% loss and stand for 10-15% gains :)

Weird Small cap Idea : Noble Explochem

The stock might have been written about earlier as well ......Now some facts... 14000 acres and 15 lakh jetropa plants done in sept 2005 ..... So gestation period can get over soon and the Bio diesel story could pan out in coming months.... DO ur own research and take exposure as its a high risk bet ...
Some very speculative lines _____not buy or sell calls :RNRL , IDBI , JSW steel could be the stocks for this month .................. And the unexpected heroes Reliance , Neyvyeli , GMR infra............LOK Housing could see better days in coming days after being battered for a long time...
Sugars can come out with astonishing moves in next 2 weeks any time blast .... ( disclosure BTST suggested in Bajaj Hind at 202 , Balrampur at 97 booked more then half already )

ETC Networks:"A worthy merger story"

Scripscan-ETC Networks
CMP-150
Traded in:NSE-BSE
Story:Merger story

Business:ETC Networks derives its revenues mostly from commercials and trailers advertisements.The company has couple of free to air satellite television channels: ETC-the music channel and ETC Punjabi(ETC Punjabi was launched on June 2000) –a general channel.ETC Punjabi has forayed into Event Oriented Programs and produces all programs in-house.ETC Punjabi has also bagged exclusive rights for 11 years to telecast Gurbani Live from the Golden Temple,Amritsar.All these developments should significantly boost the revenues for the company in the years to come. Industry Overview:Shifting consumer preferences, evolving technology and convergence of traditional and new media has brought resurgence in the entertainment and media industry.The recent estimates show that TV penetration has crossed the 110 million household mark, of which 61% homes have cable & satellite connection. This massive reach attracts new players into all segments of media to seize on the multi-million opportunities.

Opportunities in the Entertainment Sector:
The introduction of CAS and DTH has come as a boon to the whole industy.The television advertising revenue estimated at Rs. 6600 Crores is expected to grow to Rs. 12,300 Crores by the year 2011.The subscription revenues are expected to touch Rs. 37,800 Crores by the year 2011.The media and entertainment industry expects to touch the landmark figure of Rs. 1,00,000 Crores by 2011. As per FICCI - PwC Annual Media Report, the year 2006 was the turning point for the media industry and it is estimated to be worth Rs. 43,700 Crores.

Recent financials:
In Q2FY08,ETC has reported a topline of Rs. 13.50 cr vs Rs. 9.57 cr, a growth of 41.1% y-o-y.It reported a PAT of Rs. 3.42 cr (up 232% y-o-y) and an EPS of Rs. 2.46 versus Rs. 0.69 in the corresponding quarter.Lower programming costs,icreasing advertising revenue from ETC Punjabi and increased exposure time on ETC Music(increased broadcasting of songs,trailers for an additional one hour time)attributed significant jump in sales. Merger:Very recenly,( November 2, 2007)the merger of ETC with ZILS has been approved by both the companies shareholders.The exchange ratio will be 1 equity share of Rs. 10 each of ZILS for 2 equity shares of Rs. 10 each of ETC.All formalities are expected to be completed by February-march 2008.

"Zee Interactive Learning Systems Limited'(ZILS)"
Business:Zee Interactive Learning Systems Limited'(ZILS) an ISO 9001 certified education provider company and is the education arm of Zee Network. The company was formed in 1999 to create a learning network and deliver a variety education content and solution for range of career and vocation through multiple delivery platforms.ZILS delivers learning solutions and training to various segments of society through its divisions:-

1)Zed CA:Zed Career Academy
2)ZIMA:Zee Institute of Media Arts
3)Kidzee:Play group,Nursery,Activity Center
4)ZICA:Classical and Digital Animation training Academy
5)E-Learning:online education

Aggresive Expansion:
ZILS presetly is planing to tap semi-urban and rural centres aggresively with a `grahmin' model Kidzee school.The company is also working on promoting Kidzcare, a daycare facility, and Kidzee High, a full-scale school with CBSE curriculum.ZILS already has signed up for starting 25`Kidzee High' schools and eight of them are going to operate this year.The company had also started a Kidzcare centre in Bangalore and would open one in Hyderabad soon.The annual fee for the kids admitted to Kidzee would be between Rs 6,000 and Rs 36,000 depending on the centres where they are located.With the launch of the company's first Kidzee play school in the city,ZILS hope to start at least 10 such schools in the Coimbatore region over the next 9 months.ZILS has already set up 550 play schools in 260 locations accounting for an annual student strength of 50,000 and these schools employed about 2,000 trained teachers.

Tax Benefits:
The merged entity will also avail tax benefits for another few years due to accumulated losses of about Rs.40 cr in ZILS books.Though they would be liable to pay MAT pegged at 11.3%.ETC networks has already provided for tax on a conservative basis in the first two quarters of FY08,which could be reversed later.

Conclusion:
It would be prudent to note that,ETC has surplus cash on its balance sheet, to the tune of about Rs. 20 crores which can be utilized for ZILS's business, where the potential is immense.The merged entity is expected to post revenues of around 95crs in 08 with a Profit after tax of around 17crs.Equity would be around 10crs so Eps comes at 17rs for 08.Now for every 2 shares of etc networks one would get 1 shares of ZILS.So real effective price would be 300rs(Etc is quoting at 150rs and one would get 1 shares for every 2 shares held).Even at that price its quoting at just 17.7 times its estimated fy08 earnings.Stocks in the similar category,Computer – Education,like Educomp Solutions, Everonn Systems are quoting at P/E multiples in excess of 60-70 times expected earnings.Even IF we give a P.E of 35 to the merged entity,its coming as a doubler.Well lets leave the valuation to you guys to decide."Altogether a great buy".

Reliance !!! Can It beat the Market !!!

Reliance Inds looks the only biggie which has not got the run up needed !!! Technically the stock is in the waiting to possibly give a good move if crosses 2930-2960 zone and closes above. Investment in the stock always makes sense if u r patient enough... Markets can see smooth days only if this biggie fires...
The stock was advised to clients on friday at 2770-2730 range to accumulate with a short term tgt 2920 and above ... Still holding on :)

Sensex technical View:
Markets have seen a good bounce from 50 dema and the major resistance for the market is at 19800 zone.. The strategy would be to reduce the bought index stocks in dips around that zone and look to re enter on declines or on close above 20200... A gap up today also is not a gr8 sign.

Review :Walchand announces bonus and split as said frm much lower levels that split announcement by dec :) ... Revathi does 1300 + stay invested if u r patient or book some and forget rest , Great offshore and prajay hold. Majestic does intra freeze but not much chance given.,...Deccan gold mines and bihar sponge our weird ideas have more thn doubled ... Reliance given to clients at 2750 does 2900 still holding for more....

Stocks to watchout for :

Reliance Inds and JSW Steel are the stocks which look excellent in the FNO segment for positional players and short term delivery on every decline are accumulate.... Positional tgts would be 3200 ++ and 1100 ++ with deeper stoplosses though .( Disclosure already recommended at 2750 and 960 in last 2 days to clients )
Punters Picks for risky players:
Avantel Software, Kaveri Seed and Panoramic Universal for short term 20-30 % + moves and risk of 8% from current levels....So pick ur pick and put ur tgts and stops :)
Ankit Metal for intraday ckt hitter and quick trade in the morning...

Syndicate Bank - Good for Medium Term

Syndicate Looks good above 97 for a tgt of 105-125 in medium term....View given in chart

Small cap steels rock the streets !! NOW the WORLD TALKIN!!

ISPAT inds frm 18 to 42 , Sun Flag from 16 to 34 , Vikas Metals 18 to 26 , Pennar Steels ( laggard down 2-5% ) , South Iron n Steel from 31 to 45 , Adhunik metals etc etc.......................All the small cap steels have rocked !!!! And we still maintain our multibagger view on the sector ...........We came out with a whole report and contiously mentioned it on Sept 13 and continously repeating to buy , accumulate on every fresh move in them.....
Ispat was again said at 32 to buy more......Now the world is talking and will continue to talk as more is yet to be seen !!!!!!! i would repeat my words " Somethings were cooking fundamentally we could smell it technically " !!!

Breather & Dip from Crucial zones.....

As we had cautioned in last few days crucial zones onf 20000-20400 are near and be alert on ur trading positions when people were ga ga on Fed cut and run :) ...

Technical View :Sensex looks to have made a double top on extreme short term basis aroud 20200 which is not a gr8 sign around the resistance zones of 20000-20400 .. The gap left around 19270 regions should be filled in days to come and avoid short term longs till we see a new high or a good dip ... Its better to re - enter in comfortable zones ... Extreme short term support at 19100-19300 ... Review : Walchandnagar almost 10k ....have said aggresively at 1600 buy n keep for 1 yr some people also got a lil jittery when it declined a bit we maintained our view ,....
TEXMACO 1100 ka 1800 , NESCO 1600 ka 2900 cheers to our long term bets ...GULF oil has been stable but gr8 for long term ....KCP does 497 looks a gr8 long term bet , Ind Hume pipe 600 ka 1200 ( walchand grp c0 ) , Bata does tgt ,

WATCHOUT for SENSEX 20400 !!!

We are nearing the crucial levels of 20400 zone which is a good resistance and with the gaps left on the lower side its better to be little cautious and not over optimistic as part of good discipline. So look to be alert for signals and book partial profits in over run stocks to conserve gains or keep strict trailing stops...
This is because for scalpers ,jobbers and traders dont make a great deal of money in such huge rallies and end up giving a lot in corrections...Investors and good traders can gift some of the money back to the markets in corrections though :)
Technical View :
The gap at lower still continues to be a matter of concern and resistance would be seen around 20400 levels .. With the Fed cut the momentum and sentiments are up and we could be knocking those range and the cut has on a major sense already been discounted and with the result season over we need some other cues to pull up or down the market... Look to book partialy at 20400 area and keep trailing stops to conserve gains and be highly stock specific as there would be quite a lot of out performers also if markets dip a bit...
Stocks to watchout for :
Om Metals
The stock is all set for good moves in short term .. Accumulate on declines for a good 20-30 % in next 2 weeks to 2 mths
Investment picks .. Safe for 1 yr slow and steady gains
Revathi Equipments...
The stock is excellent fundamentally and is going cheap on the valuations and future prospects ...Dont worry about the entry point just keep buying small on every decline or every few days, weeks , ,months as per ur patience and create a recurring deposit for 1 yr ...
Easun Reyrollle
Another stock which is hot on charts as well as fundamentals buy half now and on declines for cool 30% in medium term
Traders Stocks :
Tinplate , godawari ispat, Easun reyrolle for intra day 5- 10% moves

20000!!!!!

Congratulations to all the investors who were patient and are ready to be so for coming months and years !! As we said throughout the dips we will end the year on a very high note!!! Yes i still maintain the same view and had written before also we cannot close below 17k for the year when everybody was dicy

......At 8k in Sept 2005 we gave a presentation at an annual meet of one of the brokerages !! Title Post 8000 boom or Doom .. View was sensex to touch 45k-77k by 2018 ...

20000!!!!!

Congratulations to all the investors who were patient and are ready to be so for coming months and years !! As we said throughout the dips we will end the year on a very high note!!! Yes i still maintain the same view and had written before also we cannot close below 17k for the year when everybody was dicy

......At 8k in Sept 2005 we gave a presentation at an annual meet of one of the brokerages !! Title Post 8000 boom or Doom .. View was sensex to touch 45k-77k by 2018 ...

Uncertainity - Folow Disciplines & Stoplosses....

Sensex continues to show wild moves all over the place as the uncertainty with p-notes, rumours etc continue to show the pressure ... So what can be done in this case is just follow good discipline like dont stay leveraged or on margin as stated so many times .... I always said this and if u have followed good discipline todays declines would have not eaten into ur profits... Technical View : Sensex as i said n number of times the minimum projection is at 19200 -19300 levels and is to be seen ... Markets made a top around those levels and not clearing that was an indication of caution but such a reaction is not expected technically ... The current closing suggest following strategy :When in doubt get out !! The strategy is to exit and reduce any short term positions on rise to 18500 -18800 levels and sit back and wait and watch ... And mind u dont stay leveraged and on margin so that u dont eat into the profits gained in the rally ....Wait for 17200 to initiate buying for medium term and worst case could be 16500 which would be really good ... The other way is to stay invested in long term and watchout for uncertainty to clear and we settle around ne of the above to levels...Will post the chart tomorrow or later in the day !! Lot of our calls in the day moved up like MTNL frm 176 to 186 , NIIT TECH frm 385 to 410 , HCC did 200 .. GIPCL did 124 , NEyvyeli Lignite did 136 ... But all closed down due to the selling and partial profits were booked at higher target levels and then hit stoplosses but still due to partial booking are hold for medium term investments but in small exposure

UPDATES

Technical View : Sensex has almost filled the gap we spoke abt and look for exhaustion after that ... The current pullback is more of a breather and supports are placed at 18050 levels which are to be seen..Be highly stock specific and cautious also as corrections even small ones can effect leveraged traders... Investors have nothing to worry Stocks to watchout for :GE Shipping and GAIL look good for safe investment for long term players those who want safe returns and can accumulate on declines with patience and hold it too :)... Its in the same catoCAIRN and SKUMARS deserve a look for the FNO traders ... Keep them on your watchlist and look for some momentum buying ... The above stocks can catch fire in coming weeks....Weird small cap idea : K Sera Sera ( 532081 ) The stock is a very risky bet so those who have the risk apetite of 20% loss capacity can go for it on current levels or wait for momentum above 26-27 levels ... Can do 45-50 in coming weeks ..I continue to remain bullish on the construction space and the stocks like IVRCL , PATEL engg ( its rocking 480 ka 630 ) , HCC , Parsvanath , Nagarjuna const , Prajay Engineers ( worth a look only one down in hydbd ) , DS Kulkarni ( bottom fishing ) ... So those who are patient investors can take exposure in the stocks they like in the sector and with their research... So do ur own research as my views are more of logic and technically biased and timed :) ...

Sensex @19000

Sensex continues to roar to higher levels...Half the analysts and so called dumbheads were shouting short , short , exit etc .... All the bears have been killed mercilessly ... Thats why i have made it point never to give sell calls .... We did advise staying partly on cash till u dont know what u are doing... For an informed investor it never makes logic to be on cash ...Everybody is talking abt kya lagta hai market 14 ka 19k ho gaya ghirna chahiye , its a bubble , teji hi teji etc etc etc .... Well just go and see whether ur portfolio has aprreciated the same way or how much has it overperformed or underperformed then u will know what matters most talking , arguing , debating about markets , economies , margins and whole lot of jargon or getting into action and doing good investments which will give u super returns in spite of market conditions .... Thats what market is about creating wealth and knowledge is a by product :) Technical View :Sensex continues to be in a momentum zone we could see some exhaustion as we reach 18900-19200 where we could see some good breather and look to get very cautious and extremely stock specific.......Keep trailing stops and churn frm over run stocks to fresh breakouts thats the best way to make money in momentum ....CONSTRUCTION STOCKS SEE HUGE BUYING AS EXPECTED !!! Thats the power of pure technical analysis and market reading .... IVRCL frm 454 does 520 ... Nagarjuna frm 275-278 does 305 , Parsvanath frm 375 does 400 , Patel frm 490 does 590 , HCC frm 164 to 175 , Akruti Nirman 950 frm 790 ...................many other const bets rocked ...RPL does 178 frm 165-167 ..Core projects does 219 ...Nagarjuna bounces frm 51 to 61 :) Sensex continues to roar to higher levels...Half the analysts and so called dumbheads were shouting short , short , exit etc .... All the bears have been killed mercilessly ... Thats why i have made it point never to give sell calls .... We did advise staying partly on cash till u dont know what u are doing... For an informed investor it never makes logic to be on cash ...Everybody is talking abt kya lagta hai market 14 ka 19k ho gaya ghirna chahiye , its a bubble , teji hi teji etc etc etc .... Well just go and see whether ur portfolio has aprreciated the same way or how much has it overperformed or underperformed then u will know what matters most talking , arguing , debating about markets , economies , margins and whole lot of jargon or getting into action and doing good investments which will give u super returns in spite of market conditions .... Thats what market is about creating wealth and knowledge is a by product :) Technical View :Sensex continues to be in a momentum zone we could see some exhaustion as we reach 18900-19200 where we could see some good breather and look to get very cautious and extremely stock specific.......Keep trailing stops and churn frm over run stocks to fresh breakouts thats the best way to make money in momentum ....CONSTRUCTION STOCKS SEE HUGE BUYING AS EXPECTED !!! Thats the power of pure technical analysis and market reading .... IVRCL frm 454 does 520 ... Nagarjuna frm 275-278 does 305 , Parsvanath frm 375 does 400 , Patel frm 490 does 590 , HCC frm 164 to 175 , Akruti Nirman 950 frm 790 ...................many other const bets rocked ...RPL does 178 frm 165-167 ..Core projects does 219 ...Nagarjuna bounces frm 51 to 61 :)

Stock Markets – Something for the Investor :

Being a low risk operator, your leitmotif in life is to avoid anything hot. Touching anything hot will not only scald you but could well burn a hole in your pocket. Rumor mills in our bourses will always provide grist to the mill, but suggest you not to get pounded inside it. Here it would be pertinent to talk about ''momentum investing'' or buying what is going up and thus, has the momentum. Simply put, it means ''join the gang''. If everybody thinks stock x is a good buy, then it has to go up because everybody will buy it. Yes, it works fine for a month or two. But the only problem is that you are likely to be one of the last people to join the herd and will not know when the momentum reverses. And then the herd becomes a stampede. So, stay away from ''hot stocks''. Look at the management quality Thou shall keep away from a company run by management with a track record of incessant wealth dilution or corporate mis-governance. It is all the more relevant in India as there have been numerous cases where fraudulent promoters have literally flown with cheap equity money. But how do you judge management quality? The best place of course is the annual report. A company''s attitude towards minority shareholders is important. And this is not reflected in discount coupons or soft drinks at Annual General Meetings. Good indicators to consider are level of disclosures in the annual report, levels of investments in group/ associate companies, etc. However, the only exception to this commandment you can make if you have a reliable report that the management is changing for good. Do not buy stocks of the same feather Putting one''s eggs in a single basket is na¿ve. So also keeping a large portfolio. This could turn unwieldy and is a sure recipe for below average returns. But how on earth would you chose stocks in a market with more than 6,000 scrips? Well, the choice will remain confined to those scrips, which are frequently traded. But then nowadays most Real estate and media stocks are well traded.So does that mean that one''s portfolio should contain only Real estate and media companies? Nah¿ To limit risks it is important that you don''t go gung-ho on some sectors as their fortunes change without taking your permission. You shall choose such scrips, which represent the broad spectrum of industries and confine your choice to those who are proven market leaders in their field of business. You buy businesses and companies. You do not buy the market or stock prices. An exception to the market leader rule can be made only if there is a big turnaround or restructuring story. Strong industry and company position You are known by the company you keep. Similarly, a company is known by the industry it is in. A company's performance can be as good as the industry it is in. Look at what happened to a blue chip company like Tata motors in the last 6-7 years. It is the among the largest manufacturer of commercial vehicles in the world. It is the market leader in the Indian commercial vehicles market. Telco fell to 60 rs from 500rs due to pathetic results, What went wrong? The industry went into a recession. But as its backed by a great pedigree it came back strongly with robust numbers, the industry turnarounded,from 60 it shot up to 900.So even the best company in the sector can turn on to bad times. Hence, it is important to understand industry dynamics and industry prospects. Positive cash flows You shall invest only in companies that are expected to have a positive cash flow in the next 3 to 5 years. In other words, the companies that will have ''operating'' cash flows higher than their requirements for capital expenditure and investments only merit a look. The important phrase is of course ''operating cash flows''. Operating cash flow is the profit after taxes (net profit) plus depreciation (a non-cash expense). It represents the money left with the company after meeting all its regular expenses and therefore belongs to the shareholders.I know the devils would never listen to the scriptures.Its very easier said than done.But even if one get a bit meticuluos on to these aspects,atleast he would not be in a position to loose money,guranteed...


IMP POWER LTD :

Scripscan-IMP Powers LtdCMP-190Target-300Duration:9-12 monthsAppreciation expected=65%+Traded on-Bse-NSEAbout the company=IMP Powers Limited was established in 1961 by Shri Ramniwas Dhoot and is now more than 45 years old Company having two very well established Manufacturing Units at MUMBAI & Silvassa manufacturing entire range of Electrical Measuring Instruments, Testing Equipments, distribution & Power Transformers and has got wide experience in this field.IMP is the only Company having this product conglomerate to give meters, testing equipments, Distribution & Power Transformers and OLTCs all under one Brand name.Major Strenghts&Weekness:-Strengths:-The Company is having vendor approval from almost all the State Electricity Boards, Major Turnkey contractor,consultants and it is the only transformer company in India to be in Zero Sales Tax Zone enjoying 15 year sales tax holiday. The company topline clientele includes majors such as SIEMENS, L&T, IVRCL, Tata Power, Nagarjuna, Kalptaru, SPIC-SMO, Jyoti Structures and Reliance etc. The company posses an impresive record of successfully conducting more than 100 Impulse tests & 50 short circuit tests on various rating transformers from 10KVAto 100MVA. One of the major advantage of the company is manufacturing OLTC & RTCC itself, therefore, only the cost of price of the same is added to the transformer price and thus its prices are most competitive than any other manufacturer who has to add the purchase price of OLTC from other OLTC manufacturer. WEAKNESS: Raw Materials -The main raw materials for manufacture of transformers are copper; CRGO, transformer oil and steel stampings are all commodities and hence are subject to fluctuations in prices.,which may affect margins. Liquidity - Liquidity is always an issue because of delay in payments by SEBs. High debt equity ratios. Few recent development=Very recently Funds managed and advised by Motilal Oswal Venture Capital Advisors Private Limited (MOVCAPL) have invested Rs. 190 million in IMP Powers Limited. With the manufacturing sector growing at a phenomenal rate the demand for Electronic digital measuring & indicating instruments has already crossed over 250 Crores,the Company has just kept its footsteps to this market aiming at a major market share. Outlook-The opportunity provided by the power transmission and distribution Industry in India is immense.The scenario for the transformer industry is very promising; given the ongoing Government Power Program till 2012.Imp power being one of the oldest player in the power equipments segment with a product portfolio of various types of transformers, industrial meters and testing equipments in the sector will definitely benefit from the huge growth potential in the segment.Moreover, it's buoyant order book position of Rs 1300 million,gives the company an excellent platform for growth.Prospects=To meet the growing demand,the Company currently is undertaking an expansion project with a capital outlay of Rs 280 mn.The project includes expansion of its manufacturing facilities situated at Silvassa ( U.T) from existing 3,600 MVA to 6,000 MVA.The transformer industry has been growing at approximately 25% CAGR for last two years and is expected to maintain this momentum for next 2-3 years. This growth will be driven predominantly by domestic market requirements and partly by exports to the outside world. Conclusion=The Company has successfully turned around after a bad phase in 2000-2005.Subsequent to the turnaround, it has achieved a CAGR of about 55% in sales over last 2 years. he EBIDTA margins have improved to a current level of 16.6% for FY 07 as against a low of 4.2% in FY 05 because of growth in sales and operational efficiency.This improvement in the margins has come despite an increasing trend in the prices of core raw materials of the company like copper, Aluminium, steel, etc.At the current market price of Rs 190, the stock is available at 9.5x FY08E earnings of Rs 20, which we believe is very attractive.We expect the stock to get re-rated as it starts delivering strong growth numbers over the next few quarters.The stock is currently traded at over 15x FY2007 earnings. We maintain BUY on the stock with target price of Rs.300 for the stock, at 15x FY2008E earnings.It would be prudent to note that,There can be further scope for an upward revision in these estimates given the company's ability to win large projects.

Akar Tools
Scripscan=Akar Tools LtdCode=530621 Cmp=41Target=69Return expectation=70%Duration=9-12 monthsIntroduction-Akar tools manufactures a range of hand tools under the brand name 'Akar' which include open-ended jaws, rings, combination and tubular box spanners, pliers, pipes/wheels/filters, wrenches, chisels, vices, hacksaws, bearing pullers, wrecking bars and nail pullers, carpenter tools and punches etc. 1)Over the years the company has forward integrated itself from making steel to tool manufacturing and currently has a large export market spanning Europe, US, Japan, Australia and many other countries.2)The company has increased its hand tool capacity from 2,400 tonne per annum (tpa) to 3,600 tpa and futher they are expanding their leaf spring capacity from 3,600 tpa to 12,000 tpa:The same is scheduled to complete by last quarter of 2007-08.This will help the company to meet the growing demand in years to come.3)To add synergy and to gain more market share the company recently has merged an associate company,ajanta auto with itself.Ajanta Auto caters to demand of the domestioc market and is engaged in the busienss of manufacturing leaf spring used in automobile sector.This is certainly going to boost the companys domestic revenue in the coming quarters. 4)Hand Tools Industry is directly related to Engineering & Automobile sector where the maximum expansion and new projects are going on.With the increased of modern manufacturing and quality control facilities akar tools is in a position to take full advantage of the increase in its product demand. 5)The company has declared a dividend of 15% and good news is that its till cum dividend.Anybody who opts to own the scrip before 21st of these month would be entitled for the dividend.Now thats something to cling upon as the dividend yield itself comes at nearly 4%.Hmm one is already coming superior to the inflation numbers just by the dividend yield. Outsourcing Opurtunity-India's cost competitiveness,due to a high degree of engineering and manufacturing skills in segments like forgings, castings, stampings, and engineering services has resulted in India being one of the top 3 outsourcing destination for auto component/tools RFQs by global customers. Already, a growing number of OEMs are using India as an exports hub and increasing procurement volumes.With the growing brand image of akar coupled with increasing aceptance of its product there looks to be tremendous potential for the company to tap.Risk and Concerns:Tough competition.# Margin pressure.# Frequent increase in the prices of steel and other inputs.# Uncertainties of overseas and external factors are some of the risk and concerns associated with the company Conclusion-The robust investment capex lined up by Indian corporates across the engineering industries, will increase the demand for the company's products.With high economic activity, especially in the infrastructure and construction sectors booming, companies like Akar are definitely poised for big growth.Akar should deliver a topline of about 98crs this fiscal with 4.2crs in bottomline.At 41 rs its just quoting a valuation of about 5 times its expected fy08 earnings.Given the attractive valuation and impending robust growth,We are very positive about the company.Owning it for an year or so may just help ones portfolio to garner a return of over 70-80%.Altogether a scrip worth looking at.
Vishal exports
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 19 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 recently 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 41% stake of themselves in the last 12 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 3rs...To opt urself for the "Chaddi pe gaddi offer" u can ride on to the helicopters of the company..
The PEG Ratio
The price earning growth ratio is a variant of the price earning ratio.The information contained in PEG ratio is not very different from what can be derived from a properly calculate P/E Ratio.As a retail investor u are unlikely to calculate this urself,but if u can,u wil benefit from the insights.PEG Ratio"s utilitylies in that it urges u to look forward.It is also somewht easier to interpret than the plain-vanilla P/E ratio.In mathemetical terms,it is calculated by dividing curent P/E ratio by expected earnings growth.For example,lets assume calculating it for infy.Suppose the curent P/E for on consolidated 12 months trailing profit is 32 times.To calculate PEG,We nd to formulate growth expectations.For the moment lets take a cue from the numbers put out in broking reports.The expectation for a 12 month earning growth is around 28%.This gives a PEG of 1.14=32/28).The growth expectation over the next 2 years in broking report is similar,so the 2 year PEG is also 1.14.The number 1 is in a way neutral rate for the PEG ratio.At this number,the P/E and earnings growth rate are perfectly matched.If the PEG ratio is less than 1,that means the earnings are growing faster than the P.E.In other words the P.E will fall next year if the price doesnt changes.If the PEG ratio is more than 1,it implies that earnings are growing slower than the P.E.This means price will increase if P.E remains the same.The latter points to an unpleasant scenario.Incresing P/E means the stock is becoming more expensive.So holding on to a stok with a PEG ratio of more than 1 is certainly dangerous.So sud u continue to own a stock with a PEG of greater than 1?Identically no,unless u are short of better ideas.U may well ask now:Why doesnt a stock correct so that its PEG becomes lower than 1?There cud be various reasons.There may be other players in the market with a higher views of earnings growth of that company.Sometimes market gives premiums for management or pedigree qualities.Funds will hold companies like infy til its gets realy expensive,with a PEG of say 1.5 or more.Some investors use the thumbrule of buying at PEG of around 1 or less for large companies and .5 or below it for smaller or midcap companies.Now i hope u ppl have understood the full aspect about this interesting PEG ratio.So why to delay:Go on and find out the expensive/inexpensive stocks in ur portfolio.

Price to book value ratio
Price to book valueratio is one of the basic valuation ratios,one which u may hear most often after the P/E ratio.However,this ratio is not very useful in many cases,particularly at these time in the bull market.In terms of defination it is share price divided by book value per share.The book value per share is net worth divided by number of shares.Often,analyst adjust net worth by removing revaluation reserves.However,not many companies have revaluation reserves,so if u dont bother about revaluation reserves,thats fine in most cases.The problem about book value is:Its not of muh help when its greater than 1.Currently,in the BSE 500 list,i guess only 20-25 companines hav price to book value ratio of less than 1.So 95% of the companies are quoting above book value.When companies are quoting above book value,its dificult to say whether they are cheap or exopensive on the basis of only this ratio.For example,HLL has a book value of 12.5 at curent prices.Even at its low of rs 100 2 years ago,its book value was around 7 or so.Clearly a book value of 7 didint deter the scrip from more than doubling.This is coz,in HLL"S case and in many other busineses,book value wil always be significantly greater than 1.Many FMCG comopanies like HLL have been working with negative working capital.They also dont have much of fixed assets.Therefore,these companies can build sizeable businesses without having to keep toomuch capiatl in the business.In other words thy dont nd to retain too much of the profits to grow.Same is the case with IT companies.Infy has a price to book of 9 times.IT companies also arent too capital intensive.Other than investing in office buildings,they dont nd much capital.Here again price to book value ratio has litle meaning.Ths ratio has some meaning only when it is less than one,then it means either of two things-Either the company is undervalued or the company is in a declining business.Take the case of MTNL.It has a price to book of 80%.This company has been loosing customers for the last few years to private telecom players.Its sales and profits are declining.Or take companies like ITI.These companies have eroded their networth and hav a negative book value.So most companies quoting below book value are companies with declining businesses and with no great future.These are companies no one wants to own.If for example,MTNL gets its act together,there may be great upside in the stock.Price to book value has meaning for the banking sector.This is becos here,the book value or net worth is akey factor which determines growth.A bank nds to maintain a minimium capital adequacy ratio,which acts as a cap to growth.This is 1 reason why bank sud not quote significantly baove the book value.Quite a few banks have book value less than 1:example being Bank of maharastra,south india bank.Some of these cud be worth looking at.Sometimes,companies quote below book value if their accounts are not genuine.Some compamnies show bogus profits,which means that the networth shown is not correct.Sometimes,companies have high levl of debtors and loans and advances,some of which are not l;ikely to be repaid.If such companies dont take a rite-off,then again networth wont b genuine.In the current list of companies uoting below book value,there are some companies which may fall in this category
My penny stock ideas
These are some of the several penny stock ideas that over the last several months i have covered for my Subscribers.Now with u people requesting in orkut to post some of their stories...here they are...There are a lot of scrips which i suggested and with time they have given tremendous return to my esteemed clients.I feel pleasure to present them infront of u all.1)Scripscan-COUNTRY CLUB INDIACMP-25Code-526550Introduction-People who want to enjoy the thrill of a club but couldn't get the same chance, as either the membership fee is very high or there is a very long list of prospective members waiting, country club is a very good option. With almost 25 clubs all over India, and a membership of 2.6 lakhs, according to the MD of the company, all the properties are worth approx Rs.220 crs. Apart from resorts, company has a 4 star castle type hotel in Andhra Pradesh and they have just launched a 20-acre wild life sanctuary in Karnataka. The company intends to invest close to Rs.100 crs in the new project. With an aim to have 4 lacs members by the end of 2006, the company is offering memberships at Rs.25000 per member for lifetime. With this payment, the member can chose any club located all over India except the ones located in metros to stay for 55 days every year for free. As all the expenditure has already been incurred by the company to acquire and to develop the resort, any kind of addition in the number of members will add on only to bottom line. And that is the reason why the company has turned around in 2005-06. With a current market capital of Rs.20 crs and property worth Rs.220 crs, the company has the potential to be a multibagger from the current levels. Discussion with the management shows that the company is very much confident of achieving the membership number of 4 lacs by 2006 that means an inflow of roughly Rs.250 crs.Conclusion- Country club may just multiply from here to do wonders with your portfolio in the coming quarters.2)Scripscan-Subuthi Finance Ltd.BSE Code No. 531841CMP-11Story=This is an NBFC having hardly any business.However,it has hidden value in the investments.From our sources we have learnt that there is a company called Indowind Energy which is expected to come out with IPO at Rs. 60-70/- per share.Subuthi is holding 67,71,000 shares of Indowind.If we consider even an issue price 65/-,value of this investment works out to Rs. 44 crs. Equity of Subuthi is 4.85 crs.It means,value of Indowind Investment works out to Rs. 91/- per share. Subuthi Scrip is going dirt cheap at 11rs. Even if we give 40% discount, value of investment works out to Rs. 55/- per share. CMP is not even 20% of the same.It means,there is potential of strong upside in Subuthi.Marketmen are expecting share price of Indowind to be Rs. 80/- within 3 months due to high valuations for alternate Energy Companies (in which case, market value of Subuthi Investment can be Rs. 68 crs.). On a conservative basis, share price of Subuthi should go upto Rs. 35-40 easily in near future.There are many other companies at BSE quoting at very high prices only because they are holding shares of Group Companies.Floating Stock of Subuthi is very low (promoters stake is nearly 70%). It quite a risk free buy which has potential to deliver 100% returns in near future.3)Scripscan-Apple Finance Ltd.Bse code-500014 Cmp-4rs Story-Belonging to Mr. Atul Nishar of Hexaware, it is NBFC. Company has not been in business as it fell into trouble few years ago.Its total liabilities are around Rs. 280-300 crs. In BKC Mumbai,company owns 'Apple Tower' with built up area of around 1.50 lakh Sq. Ft. Prevailing prices for commercial property in this area are around Rs. 25-30,000 per Sq. Ft. It is reliably learnt that some MNC Company is likely to buy Apple Tower for a consideration of Rs. 500-550 crs.It means,that after paying off all the debts, company will be left with cash or more than Rs. 200-250 crs. which works out to more than Rs. 40/- per share.As per knowledgeable sources,company may use this surplus money to enter infrastructure segment We feel that it is worth taking risk by buying Apple Finance Scrip.If the sale procceds get postponed share prices can come down to Rs. 2-3/- level.If, market continues to be good, do not be surprised if share price goes upto Rs. 15-20.So certainly a penny stock worth taking a risk.4)Scripscan-Confidence Petroleumbse code-526829 Cmp-1reConfidence petroleum is merging its private company,Confidence Cylinders and Petrochem Pvt. Ltd with itself.Confidence Cylinders and Petrochem has five LPG bottling Plants and posses the largest cylinder manufacturing Plant near Mumbai.The company has topline clientele comrising oil majors like BPCL, HPCL & IOCL.At present the company has 42 bottling plants spread across various locations in the country and has plans to aggressively establish more bottling plants.Thus after the merger we may see the merged entity coming out with stunning numbers.Khara group(the promoters) has many companies engaged in the buiness of manufacturing LPG cylinders so again these companies can be merged with confidence petroleum to add a lot of synergy.Incase that happens it would be a big valuation booster for the company.At present Confidence Cylinders and Petrochem is having an order book of over 60crs and with current economic scenario where we are witnessing a gradual removal of subsidies and everything becoming market determined, integrated players like Confidence Petroleum would be thrown open big business opportunit yin the event of removal of subsidy on LPG.It would be prudent to note that the company has also informed that it is putting up bottling plants for providing LPG bottling assistance to HPCL at Coimbatore, Roorkee and Chindwara. Conclusion-In light of the above aspects,Confidence petroleum at 98 paisa or even 1 rupee looks to be a pure multibagger.We wont be surprised id the scrip surprises most people by creating wonders in the days to come.5)Scripscan-IFCICMP=8-9rsCode-500106 Story=Though IFCI has been on a rough ride over the last few years but recently it has shown strong signs of turnarounding.Its a penny stock and carries very limited downside from the current levels of 8-9rs.On the other hand if it starts to perform each quarter the company is sure to come in value investor"s radar.There are strong rumuors too that it will be taken over by a PSU bank,if that happens too it should move from here.So an exposure in the counter can be taken at the present levels.It would be prudent to note that IDBI was once under the same condition and now as we all known has been rebuilt with some style.In a nutshell IFCI is such a scrip that cariies a lot of potential.6)Scripscan=Peerless Abasan Finance Ltd. BSE Code: 511411 cmp=16Introduction=PAFL is Housing Finance Arm of Peerless Finance. At present, PAFL is a Shell Company with no business as its licence was revoked by NHB. We are recommending this scrip (despite being a non-operational company). As it is getting merged with Shristi Infrastructure Development Corporation Ltd. which has huge infrastructure projects under implementation.SIDCL is the infrastructure arm of the SREI group. SIDCL specializes in development of roads, highways, flyovers, townships, water supply etc.The company has over Rs. 1500 cr. project in hand.It is reliably learnt that company has already got some land in Bangalore recently. Company is also likely to finalize some big projects near Noida and in Rajasthan. Now the Application for merger is pending in High Court. Merger formalities should be completed in next 3-4 months maximum and merged entity should be listed for trading in 4-5 months.We estimate that merged entity may be listed at around Rs. 300-330 level.Merger details=Existing Equity of PAFL is Rs. 11 cr. It will stand reduced to Rs. 2.2 crs. by reducing face value of the share from Rs. 10/- to Rs. 2/-. Then, 5 shares of Rs. 2/- will stand consolidated in one equity share of Rs. 10/- in the merged entity. It means, share holder with 100 shares of Rs. 10/- F.V. will be left with 20 shares of Rs. 10/- F.V. Thus, effective cost of acquisition works out to 5 x CMP of Peerless,16 Rs. 80/-:Conclusion-In a nutshell buy the company now at 16-17 and after the merger the listing sud be there at 300-350rs.Since u will be left with 1 share for every 5 shares.The value wud be 300-350/5=60-70...so by opting for the scrip at 16-17 u may just get the price of 60-70 after the merger.Concern=We are recomending the scrip in view of the merger of it with srishti infrastructure development.If for some reason the merger doesnt go on then the share price can fall drastically.7)Scripscan-Expo Gas Container CMP-6 Code-526614Story-Expo gas Containers limited is an integrated company specialiizing in the field of manufacture of low pressure Gas cylinders,fabrication of equipments like pressurre vessels,heat exchangers,site constrruction of tanks and spheres e.t.c.Its manufacturing facilities are located at Murbad(norrth of mumbai) and r approved by the Chief Controller of Explosives, under Indian Boiler Regulations.Over the years EXPO gas has transformed itself into an organization with most modern manufacturing works with a highly knowledgeable and experienced manpower. But from the last few years the performance and profitability of the Company was severly affected due to some factors: High steel prices ,Stiff competition, Lack of sources, Huge debt burdern ,Withdrawal from the Indian Oil Corporation, Panipat Refinery-This is mainly the reason for its bad health.Expo received this huge order but due to Lack of resources,high input cost problem, unavailability of Bank Guarantee that this business became unviable and during mid April, 2004 Expo decided to withdraw from the project as it was very difficult to continue with the business.Expo has closed down the Cylinder business till the market improves and this has resulted in drop in business activities, which has in turn, led to drop in turnover.But it is also looking for certain possible avenues for export of Cylinders in Gulf Countries and also planning to diversify its activities into procurement of site projects from Public Sector Undertakings including turnkey projects. The business prospects for fabrication and site construction activities looks very bright. Expo has received enquiries from many overseas Companies and all efforts are being done to secure business and reviving the Company. Expo is also planning to settle some debts with idbi.If that materalises it will give a huge releif to it.Though the turnover of the company has reduced but still it has gone back to black which is really heartening.The company is striving very hard to increase its topline and is giving a huge thrusts to market its product in the outside world. Conclusion-Expo is all set to make a comeback.The management of it is one of better management from its peers.With the economy in a move and input costs coming down,Expo can regain its lost glory in the coming days.At 6rs it looks to be one of the best penny stock bargains.
All about "Z" group stocks
Stay away from Z group stocksThe key criteria for selecting stocks for investment should be the quality of management and its adherence to corporate governance. What is the point in investing in companies that do not even bother to send annual reports to their shareholders?Stock exchanges use various provisions in the listing agreement to regulate companies’ corporate governance practices. Stocks that fail to comply with the various provisions of the listing agreement are clubbed under various categories. The Bombay Stock Exchange (BSE), the largest stock exchange in terms of number of stocks listed, classifies such stocks into the Z group, and the trade-to-trade segment. It monitors these stocks on an ongoing basis. Stocks that have not complied with or breached provisions of the listing agreement of the BSE are pushed into the Z group. Those stocks witnessing lot of volatility, suspicious trading pattern and high speculative interests are shifted to the trade-to-trade category. The Z category was introduced by the BSE in July 1999. The governing board of the BSE came out with important amendments to the criteria for shifting stocks to the Z group in January 2002. The guidelines specify seven parameters for shifting stocks to the Z category. The exchange considers any three of the seven parameters of non-compliance for shifting a company to the Z group. The seven criteria are as follows:Required notice of book closure and record dates (Listing Clause 15 & 16).Yearly submission of annual reports (Listing Clause 31(1)(a)).Quarterly submission of shareholding pattern (Listing Clause 35).Payment of annual listing fees (Listing Clause 38). Publication of audited / unaudited results on a quarterly basis (Listing Clause 41).Redressal of investors’ complaints such as share transfers (Listing Clause 3, 12, 21).Implementation of corporate governance, if applicable (Listing Clause 49).Additionally, the exchange may shift certain companies to the Z group based on its discretion: companies that are fundamentally weak in terms of net worth, sales, market capitalization and profitability. Those companies that fail to make dematerialisation (demat) arrangement with both the depositories — Central Depository Services (CDSL) and National Security Depository (NSDL) — are also shifted to the Z group. However, as and when the company makes demat arrangements, the stock is shifted back to the original group after three months from compliance. Companies in the Z group are reviewed on a quarterly basis by the governing board or the listing committee of the stock exchange. Besides, the surveillance department of the exchange has discretionary powers to add or remove companies from the Z group based on its own investigation or complaints filed by investors or any kind of suspicious trading pattern. The Investors’ Service Cell also has the powers to add or remove companies from the Z group. Not only this, the exchange can take into consideration any punitive actions taken by any regulatory authority against a company as basis for shifting the stock to the Z category. How are investors affected when a stock is shifted to the Z or trade-to-trade category? First, such companies do not follow basic minimal corporate governance norms. Many of these companies do not even bother to submit annual report or shareholding pattern regularly. They may not even pay attention to investors’ complaints as regards to share transfer. Investing in such companies simply means buying a worthless piece of paper. In the Z or trade-to-trade segment, selling or buying results in giving or taking delivery of shares at the ‘gross level’. Gross level means no intra-day netting off or squaring off is permitted. Thus, no investor can indulge in intra-day trading in such stocks. For instance, an investor buys 100 shares of stock ABC, shifted to either the Z or the trade-to-trade category, and further sells another 100 shares in the same trading session. End of the day, his purchase and sales would not be netted. The investor would need to give delivery of 100 shares against his sale transaction and would also need to pay for the purchase of 100 shares.As a result, the price discovery mechanism of stocks shifted to the ‘Z’ group or trade-to-trade category is poor as volatility is high. The investor could find some of the stocks hitting upper circuit continuously for many days and, subsequently, may tumble down in a matter of a few trading sessions. No wonder the BSE specifies higher margin for trading in such stocks. Hence, institutional investors like mutual funds, insurance companies, and foreign institutional investors stay clear of such stocks. Thus, these stocks lack liquidity. This is also reflected in trading activity. The average turnover of the Z group stocks is less than 1% compared with the overall turnover of the BSE. On 30 March 2007, the combined turnover of the Z and the trade-to-trade categories stood at a minuscule 0.52%. Though there are more than 7,500 listed companies, only around 2,600 stocks are actively traded, while the balance are in the Z group or illiquid or suspended from trading. One of the obvious strategies for investors is to stay away from stocks belonging to the Z or trade-to-trade group. More importantly, investors should not fall prey to penny stocks. Penny stocks trade below their face or par value. Even the exchange’s trading terminal displays a pop-up caution message when an order for a stock in the Z or the trade-to-trade group is entered.
Bampsl Securities
Recently i have been getting a lot of mails from people whether they should buy "Bampsl Securities" since it “was now seeing a good momentum”.I knew little about the stock,except that its a penny stock quoting at 2-3 bucks.Since last few days,I had been getting tips about the company from several "knowledgable investors" claiming insider knowledge of some interesting developments.As a matter of policy I ignore all tips.Sometimes you lose a good opportunity as in this case;equally, though, you may be among the last to be tipped off.Then,as early buyers offload their stock,you are left holding the baby.I prefer to trust my own judgement no matter i win or loose.I have a particular distrust of rumours relating to promoters stuffs and all.So with so many great people behind it i finally decided to have a glance through the company:who knows maybe the long awaited golden goose is there waiting for me.So with sheer excitement and trembling hands i finally stand infront of the golden goose,i.e,Bampsl securities ltd.So here we go:-Bampsl Securities is engaged in the business of dealing in shares and securities along with financial services like spot financing, short term financial accommodation and similar other services.There u go:Finance,equities....the sizzling things of our stock markets..wah wah...."Aree ruko,yeh 2005 ke bad balance sheet kaha gaya bhai"misfortune starts no balance sheet after 2005...chalo koi nehi baki chiz dekhte hain..."Anmol hohinoor" ka sawal hain akhir"....Oops.......stock splitted.Its a "FV 1" paid up company...dhatt tariki...equity blotted.Hmm let c whats more is in store of us.Oh my god the promoters have offloaded more than 17% stake in just a period of 3 months.Maybe they paid their employees with it.Chalo sahi bat hain..Hardly any reserves,any cash in book and it has procceded to reward its shareholders with a bonus,rights and a dividend of 2% too.Commitment bole to Bampsl..isnt it?I presume the company got some mega lottery like stuff and surprise surprise they are paying the same to u rather than pocketing it.Very impresive,round of applause please....No loss in book too infact it earned a PAT Of nearly 7crs with 7.8crs turnover.Outstanding profit margin,ever seen a company with 90% profit margins that too a company like bampsl?Aree yeh kya...no sales?Oh the 8cr figure of turnover for 2007 fiscal is contributed by other income itself...Oh no..no sales?Aree no tax has been provided for 7crs PAT...I guess indian companies are entitled to pay 34% tax to the Govt of india.Hmm...yeh kya hua...kaise hua????????So what is left to talk about?maybe they have got some land..maybe something hidden is there aree kuch to hoga?Nothing has been clarified...no topline no botomline...promoters reducing stakes in own company... its quite certain"The stunt is going on in the open gallerey"Do u wanna be a part of it?

Nokia, Samsung and others work on Universal Flash Storage :
The eternal nightmare of proprietary memory cards seems to be coming to an end in 2009.

Nokia, Samsung and Sony Ericsson, Spansion, STMicroelectronics, Micro and Texas Instruments today announced that they support the creation of a far-ranging industry specification for removable memory cards and embedded memory solutions, being standardized by JEDEC.

Removes the need for conversion adaptors

The new specification, dubbed Universal Flash Storage (UFS), reflects the industry's need for a universal memory solution that removes the need for adaptors to accommodate different removable memory card sizes.

Widespread demand for higher densities and higher performance, plus the surging popularity of multimedia content, is accelerating the need for advanced memory solutions as removable card or embedded formats.

Few seconds access time as opposed to minutes now

UFS will provide a leap towards supporting very low access times required for memories, as well as enabling high-speed access to large multimedia files, while reducing power-consumption in consumer electronic devices.

The target performance level is expected to be a significant advancement beyond that of the varied flash cards popular today. Today, users experience a three-minute access time for a 90-minute (4GB) HD movie; with the new standard, this would be reduced to a few seconds.

UFS standard expected to be finalized in 2009

Major applications such as mobile handsets, digital still cameras and other CE devices will benefit from the convenience of a universal open standard based specification that is intended to reduce the time-consuming process of enabling interoperability among the various types of removable and embedded memory solutions at the system level.

UFS is planned to provide consumers in the future with the convenience of a unified removable memory card that can be shared among various mobile, portable and other CE devices without the need for any adaptors. The UFS standard is expected to be finalized in 2009.
Posted by Manohar at 5:50 AM 0 comments
Nikon pairs Coolpix S51c Wi-Fi camera with T-Mobile
With their new 8.1-megapixel Wi-Fi camera and a T-Mobile subscription, Nikon gives users the power to…send pictures of their friends ordering a soy chai latte at Starbucks.

Nikon's has announced the release of their Coolpix S51c camera, paired with their my Picturetown service and a free six-month subscription to T-Mobile’s HotSpot service.

My Picturetown, Nikon's new photo sharing and storage service, allows users to email pictures to friends and family, send their pictures to a Blackberry device for viewing, or post them to a blog or social networking site. Their partnership with T-Mobile provides Coolpix S51c customers with a complimentary six-month subscription to T-Mobile's HotSpot Wi-Fi service for digital cameras, allowing users to send images and videos to friends and family from the nearly 8,500 T-Mobile HotSpot locations nationwide.

The T-Mobile HotSpot service is available at Starbucks, Borders Books, FedEx Kinko's, airports, and the airline clubs of American, Delta, United and US Airways.

The Coolpix S51c is an 8.1 megapixel, 3x optical zoom camera, and will be available in September 2007 with an MSRP of $330. The free HotSpot service offer expires on August 31, 2008.
Posted by Manohar at 5:39 AM 0 comments
Saturday, September 15, 2007
Vodafone picks up Palm Treo 500v, Samsung F700 smartphones
Hitting shelves later this year, Vodafone will offer Palm Treo 500v and Samsung F700 multimedia smartphones.
Vodafone and Palm today announced the Palm Treo 500v smartphone which combines multiple forms of communication and multimedia capabilities with high speed 3G/UMTS mobile internet access, allowing users to access popular websites such as MySpace, YouTube and eBay whilst on the move.

The Palm Treo 500v runs on Windows Mobile 6 and has a full keyboard, screen without a touch interface, video streaming capability and a comprehensive multi-messaging functionality covering Instant Messaging, SMS, e-mail and scheduling. Furthermore, the Palm Treo 500v features a 2 Megapixel camera, Bluetooth and a 150MB internal memory (expandable with microSD cards).

To be available in glacier white and charcoal grey, the Palm Treo 500v will ship exclusively on Vodafone in October 2007. It will initially be available to Vodafone customers in Germany, Ireland, Italy, Netherlands, Portugal, Spain, the UK and Vodacom customers in South Africa.

It also seems like Samsung's highly anticipated F700 is in its final stage of development, as Vodafone recently announced that they'll start selling it this holiday season. Featuring a touch screen, QWERTY keyboard, 7.2 Mbps HSDPA and a 5-megapixel camera, the F700 is the most fully-featured multimedia smartphone to date.
Palm Treo 500v


Sony AR50 - FZ220 with Blu-ray Writers
Sony Vaio has come out with two new laptops with Blu-ray writers. The Sony Vaio AR40 which comes with a 17-inch WUXGA screen with a 2.4 GHZ Core 2 Duo T7700 processor. The laptop comes with a maximum of 4GB of RAM and with a 500 GB hard drive. The Graphics card in this laptop is a powerful NVidia GeForce 8600 HT. The VAIO FZ20 has a 15.4-inch display with a 1280 x 800 resolution, which comes with a 2.2GHz Core 2 Duo T7500 processor, 2GB RAM, a 300 GB HDD, and a GeForce 8600M GS graphics card.

The Sony Vaio LT HD PC also comes with the similar Blu-ray writer but along with these are are many more goodies attached. The Vaio LT PC comes with a 22inch WSXGA+ LCD with a 1.3 megapixel camera. The processor in this powerhouse is also a Core2 DUO. This will cost as much as $2900 and will retail in October.
Posted by Manohar at 8:56 PM 0 comments
Dell Precision M6300 17-inch Laptop
This one has kept us waiting for a long time, but its out now for sure. The Dell Precision M6300 is the latest laptop to the 17inch Dell precision series. The laptop comes wit an Intel Core 2 Duo X7900 CPU ( which runs at a powerful 2.8 Ghz and a 800 Mhz front side bus).

The Dell M6300 comes with a NVidia Quadro FX 1600M graphic card, with upto 4GB RAM and 200 GB hard drive. Ofcourse the usual DVD-RW or Blu-ray option available with the Dell Notebook. It comes with 802.11 ag/b Wifi, Bluetooth 2.0, Dvi and Firewire port. The laptop is also offered with a AT&T HSDPA data card for internet anywhere with a AT&T network.

The Laptop could also feature a 32GB SSD in the future, but we are not sure if its coming too soon.

Along with these goodies there is also an option to pick your favorite open source operating sytem instead of Windows - Red Hat Linux.


Tata Indiva - 1 Lakh Car ?
This news has been flying around for quite some time now. The Tata Indiva is NOT the 1 lakh ruppee car which is due to come out in 2008. This is just a concept car which was designed by TATA in 2003 by the Italian company - I.D.E.A. The design and prototype was entirely done by this company.

The TATA Indiva was made specifically for the Geneva Motor show to demonstrate good manufacturing ability of TATA.

The Indiva concept will take at least 3-4 years for it to become a reality but we will wait and see whats going to happen here.

The Vehical specs are as follows:

Engine Configuration - S
Cylinders - 4
Aspiration/Induction - Normal
Displacement - 1405.00 cc
Horsepower - 53.00 BHP
Weight 2161 lbs


AMD also enters the quad-core CPU market :
In what’s shaping up as a two-week burst of fast and furious chip news, Intel this week released its new quad-core Xeon 7300 server CPU, codenamed “Tigerton,” adding some competitive spice to this Monday’s highly anticipated launch of “Barcelona,” Advanced Micro Device’s first entry in the quad-core server chip market. And as if that’s not excitement enough for followers of the chip market, Intel is also expected to give the world a first look at its 45nm chip design “Penryn” very close on the heels of AMD’s quad-core launch, perhaps as soon as at the Intel Developers Forum on Sept. 18. The chip giant sent out invites Thursday for what it describes as “a BIG celebration for our tiny chips.”
Tigerton enters the server space as Intel’s top of the line Xeon offering. But some analysts speculate that next year’s planned overhaul of its entire server line means Intel’s Tigerton product is more of a fill-in than a major new addition. For high-performance system builders like Velocity Micro, the Barcelona launch is just a taste of things to come later in the year, when AMD will release “Phenom,” its quad-core processor for desktops, said Randall Copeland, president and CEO of the Richmond, Virg.-based company. Copeland expects that AMD’s quad-core family of processors will put them right back in the running with Intel, which has had the quad-core market to itself for several quarters due to reported delays in AMD’s Barcelona rollout.