I have been writing on this and the latest I am getting is, the issue between one investor who use to recomend and then take back his recomendation due to some conflicts with the management has been solved and hence it looks like TeleCanor is back on reckoning and should move up further more from here on........DD is a must....
I am also reading mails wherein they are now recomending Compact Disc giving all sorts of reasons and targts ..etc....take your own call....
Rajeev,
ReplyDeleteThere was a news in moneycontrol abt Sujana Twrs splitting their stocks from Rs 5 to Rs1 each. I assume that this would increase the number of shares with retail. Isn't it -ve for Sujana?
uno,
ReplyDeleteI think the reason for going split is more liquidity.The fundamentals are great.
Read this:
Scrip Code:532887 Company:Sujana Towers Ltd
04 June 2009
Subject: Sujana Towers - Updates
Announcement: Sujana Towers Ltd has informed BSE about the following:
"Our TSF (Technological Structures Fabrication) Division headed by Shri K.Raghavaiah, Director (Technical), was adjudged by the BHEL, Trichy, as the "Best Sub Contractor for the year 2008-09". We are proud to be associated with BHEL by way of supply of Technological Structures, sub station structures and transmission towers from its repertoire of products. The note worthy aspect of this award is that, we could get this prestigious recognition just within 6 months of commencing operations at our TSF division, over taking numerous established and reputed peers."
After reading this annoucement in June 2009 , I became very bullish on Sujana Towers.They were adjucated the sub contractor with BHEL is a big thing....and that too competing with other reputed estabhishment.
If u can recall I have been recomending Sujana Towers more times after June 2009.
uno,
ReplyDeleteMake a habit to go through all annoucement of a stock u are invested in and also keep track on any new annoucement as well.
Even when I find a new stock, I usually start looking at all annoucement as back as 5-7 yrs.I always see what history is and what happened.
Man,one needs to look whatever one can...that is the bottomline.....
Thanks a lot Rajeev. A BIG learning for me :-)
ReplyDeletebtw.... Mitzz, congratz for the PSL dividends :-)
ReplyDeleteSINCE APRIL 2009 TO DECEMBER 2010 ... NET SALES FIGURE COMES TO 31785 CRORE ....WHICH CLEARLY MEANS THAT NO FRESH INVESTMENTS SEEN FROM INDIAN MUTUAL FUND...DURING LAST 21 MONTHS....WHERE AS IN THE SAME 21 MONTHS THEY HAD INVESTED MORE THAN 339820 CRORE IN DEBT MARKET.....THIS SHOWS THAT INDIAN PUBLIC / MUTUAL FUND INDIAN ONLY HAD LOST AN EXCELLENT INVESTMENTS OPPORTUNITY TO INVEST IN INDIAN CAPITAL MARKET......
ReplyDeletefrom the markets :: FIIs Net Buy Rs 2186.44 Cr; DIIs Net Sell Rs 848.29 Cr In Equities (Prov) on 30 Dec
ReplyDeleteRajiv bhai
Indian mutual fund are bearish in india from long time it means main driver of market is FII and follower of U (including me)
Rajiv ji
ReplyDeleteTODAY FII'S WERE MAD AFTER INDIAN STOCKS, THEY BAUGHT NET 2186 CR IN CASH THIS IS BY FAR THERE HIGHEST BUYING IN CASH IN THIS MONTH, now when such heavy buying was coming from fii's how could index fall it closed on highs of day even on last day of settlement and no big +ve cues from world mkts, local funds sold 848 cr which could not stop the rise due to fii's buying, now in coming days if fii's continue there such heavy buyings any fall in mkt is buying oppertunity and we can see new highs in new year..
please sujjest your best of the best for 2011
Scripcode : 526141 Company : Compact Disc India Ltd View All
ReplyDeleteBoard Meeting on Jan 28, 2011 | 20/01/11 18:02
Compact Disc India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 28, 2011, inter alia, to consider the following matters:
1. To consider and approve unaudited financial results of the Company for the quarter ended December 31, 2010.
2. To consider and approve the delisting of the securities of the Company from Bombay Stock Exchange and other stock exchanges where the securities of the company are listed.
3. To consider and convene the Extra Ordinary General Meeting of the members of the Company.