Sunday, March 10, 2013

BERGER MAY BUY SHALIMAR PAINTS


BERGER PAINT IS LIKELY TO ACQUIRE SHALIMAR PAINTS......LIKELY TO BE 180/- PER SHARE.......OFFICIAL ANNOUNCEMENT LIKELY AT 3.30pm TODAY

Friday, March 8, 2013

REASON FOR SPURT IN JET AIRWAYS


 Shares in Jet AirwaysBSE 9.93 %extended gains to more than 13 per cent on Friday, after a news channel reported that Abu Dhabi's Etihad Airways may buy a 10-12 per cent stake in the company directly from promoters. 

Etihad may pay as much as Rs 750 ($13.75) a share for the stake, the report said. 

Etihad has been in talks with Jet to buy a 24 per cent stake, government sources said. 

The channel said Etihad may buy the remaining stake by issuing preferential shares. 

I already posted today morning about possible oppen offer by Ehihad for Jet Airways

IF ETIHAD BUYS MORE THAN 24% IN JET THEN AN OPEN OFFER WILL TRIGGER.....
RETAIL SHAREHOLDERS WILL BE BENEFITED.I EXPECT STAKE SALE MAY BE AROUND 700/- PER SHARE AS PER LATEST FINANCIALS OF JET AIRWAYS

         SO I RECOMMEND BUYING JET AIRWAYS AT Rs.510 LEVELS FOR TARGET OF Rs.700

OPEN OFFER IN JET AIRWAYS????????


This is my personnel view on Jet Airways

IF ETIHAD BUYS MORE THAN 24% IN JET THEN
AN OPEN OFFER WILL TRIGGER.....
RETAIL SHAREHOLDERS WILL BE BENEFITED........
STAKE SALE MAY BE AROUND 700/- PER SHARE

SO I RECOMMEND BUYING JET AIRWAYS AT Rs.510 LEVELS FOR TARGET OF Rs.700

Quiz Damaka For My followers and Win Exciting Prices


This is a simple quiz program conducted once in a week.I will ask a question related to stock market on every Friday.
Terms and conditions
1)You can post the answer on blogger comments section only.
2)Last date for posting answer will be Sunday midnight 11.59 am.There after nothing will be entertained 
3)If there are more right answers winner will be decided through lot system.
4)One participant should post only one answer

Here is the question of the week.Go and shoot it and win fabulous prices
I Founded a real hidden gem in Indian IT space....The clues for the company are follows
1)This company remains best play among the mid-sized Indian IT sector
2)This company is fully debt free
3)Have cash surplus of Rs.1.8 billion(Rs.43 per share)
4)Its now trading in between Rs.100 and 110 levels...
I hope this clues are enough for getting right answer.So start posting right answers in comments section

Wednesday, March 6, 2013

Target Met in Infosys(20% profit)

I am happy to announce that my target on Infosys met today on trading hours.I gave a fresh buy call on Infosys at  Rs.2500 just before companies Q3 results.For details of buy recommendation click here.http://keralatraders.blogspot.in/2013/01/infosys-q3-beats-estimates-net-profit.html
I am again posting my ten reasons for Infosys share buy

  1. Infosys net profit at Rs.s.2,369 crore in the December quarter was flat against Rs.s.2,370 crore in the September quarter, but much better than the average estimate of Rs. 2,100 crore in a poll of 16 analysts, according to Thomson Reuters.
  2. Infosys said revenue rose 12 per cent in October-December to Rs.s.10,424 crore from Rs.s.9,300 crore a year earlier. That compares with analyst estimates of Rs.s.9,680 crore.
  3. Dollar revenues for the December quarter stood at $1.91 billion against $1.79 billion in the previous quarter and better than estimates of $1.87 billion.
  4. The biggest positive for the stock was the upward revision announced in the full year dollar sales forecast. Infosys said FY13 revenue forecast is seen at $7.45 billion, which is better than $7.34 billion projected by the management earlier. The new guidance implies 6.5 per cent growth year-on-year and includes Lodestone's revenues.
  5. Earnings per share for the full fiscal are likely to be Rs.s.162.80, a 10.4 per cent jump over the year ago period.
  6. Infosys maintained margins despite higher operating costs. EBIT or operating margins declined to 25.69 per cent against 26.3 per cent in the September quarter, but better than estimates of 25.5 per cent. Margins declined on account of wage hikes.
  7. Infosys managed to post 2 per cent sequential growth in volumes though the biggest surprise was the pick-up in pricing, which rose 3.7 per cent. Utilization rate rose to 70.1 per cent against 69.60 per cent.
  8. Management sounded optimistic: S. D. Shibulal, CEO and managing director of Infosys said the company has done well in this quarter despite an uncertain environment. "We continue to gain confidence from a strong pipeline of large deals. However, the broader economic environment remains difficult. Even so, we remain cautiously optimistic about the January-March quarter", he added.
  9. Analysts said the worst might be over for Infosys. "This is a very credible performance. Infosys has exceeded our estimates at the bottom line by 4-5 per cent and they have done this after 4-5 quarter... so, kudos to the management. The combine of a beat on actual Q3 numbers and upbeat guidance should reflect in our and most brokerage estimates going upwards," Saurabh Mukherjee of Ambit told NDTV Profit.
  10. Brokers were upbeat: Kotak said Infosys had reported an excellent quarter with organic growth beating expectations. Nomura said Q3 revenues were very impressive and organic growth guidance not being cut is positive. Citi said Infosys has showed a substantial beat in Q3.

Now on 7 march Infosys is trading at Rs.3002 levels which means 20% upside form my buy call on January 10th report.Now I wish to book profit in Infoys at this levels.

Tuesday, March 5, 2013

Holdings in Trading Portfolio


Here is my latest portfolio holdings and snapshot of my trading portfolio.I initially started portfolio with Rs.100000 on Aug 2012 and now fund size is around 1.2 lakh.Now I am holding aprox 61000 worth stocks and 61484 as cash surplus in portfolio.I have generated 20% returns so far since

SCRIPBUY RATEQTYSECTORCMPGAIN/LOSSS% CHANGEVALUE
STRIDES ARCO8006PHARMA905630356480
BAJAJ FINSERV8906FINANCIAL SERV815-45025508
JAI CORP85117REALTY60-2925-299945
DCB50200BANKING43-1400-148600
RELCAPITAL40025NBFC380-500-59500
CAIRN29035OIL3003503.510500
TATA GLOBAL13080FMCG1332402.310640
TOTAL VALUE61173
BAL AMOUNT61484