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.