20081004

Brooklyn Abbotsford Condo

Brooklyn

Brooklyn is New York City's most populous borough, with 2.5 million residents. If the borough were still an independent city, it would be the fourth-largest city in the country. Brooklyn is located on the westernmost point of Long Island and shares its only land boundary with Queens to the northeast.

Abbotsford

Abbotsford is a city in Clark and Marathon Counties in the U.S. state of Wisconsin. Abbotsford is nicknamed "Wisconsin's First City" due to its alphabetical place on a list of Wisconsin cities. In 2000, there were 1,956 people, 817 households, and 516 families residing in the city.

Condominium

A condominium, or condo, is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece.

20081001

Canadian do-not-call registry has loopholes

Starting September 30, 2008, Canadians began to sign up online at the Do Not Call List website or by calling the toll-free numbers 1-866-580-DNCL (1-866-580-3625) or 1-888-DNCL-TTY (1-888-362-5889). More than 70 per cent of Canadians polled say they intend to put themselves on the national list.

Consumers Association of Canada says Ottawa is allowing too many exemptions."All of the usual suspects will still be able to call" says the association. Charities (religious groups?), political parties, polling companies, newspapers selling subscriptions and organizations with which the consumer has an existing business relationship will still be able to call you.

20080930

How to register by fax with Canadian National Do Not Call Registry

If you wish to register your fax number you have 2 options.

  1. You can register online at the National DNCL Web site or

  2. You can send a fax from the number you are registering to 1-888-DNCL-Fax (888-362-5329).
If you choose to send a fax, please make sure to include the following information on your 1-page fax:

  • The number you wish to register, which must be the same as the number you are faxing from
  • The instruction: Please Register my number

Fax registration requests will be processed within 1 business day Monday to Friday.You will receive a fax confirming your registration request has been successfully completed. If you do not receive a confirmation fax, your number is not registered and you should try again.

How To Register My Number With National Do Not Call List (DNCL) Canada

Telemarketers will face fines up to $15,000, if they call once the list is operational. People can register their phone numbers in two ways.

  • They can sign up online or
  • Call the toll-free numbers 1-866-580-3625 or 1-888-362-5889 (for the hearing impaired).

Consumers who add their numbers to the list will still get calls from charities, political parties, pollsters and newspapers looking for new subscribers. As well, consumers can also expect calls from businesses with products or services they've inquired about in the past six months, and from businesses they've dealt with in the past 18 months.

National Do Not Call List (DNCL) CANADA

The National Do Not Call List (DNCL) gives consumers a choice about whether to receive telemarketing calls. The National DNCL Rules introduce new responsibilities for Canada’s telemarketers. The Canadian Radio-television and Telecommunications Commission has projected that of Canada's 27 million residential phone lines, which include cellphone numbers, 16 million would be on the do-not-call list within two years. Two polls Monday suggested that between 60 per cent and 72 per cent of Canadians surveyed said they intended to add their phone number to the list. The CRTC said on its website that once people have registered, telemarketers have up to 31 days to update their lists and to make sure they do not call you, meaning people could still receive calls within 31 days of registering.

20080925

Avoiding bubbles: SEC has it backwards

BOSTON: The financial markets should be regulated mostly by examinations, not prosecution, which should be far more intense when prices rise, not after a crash. The Securities and Exchange Commission should devote most of its resources to on-going examinations.

The examinations first should focus on large institutions (financial or industrial), whose failure by fraud might affect investors' trust in prices and lead to a crash. Then they should target institutions whose share-prices have risen persistently signaling the "too good to be true" syndrome.

Most importantly, examinations should increase with a general and persistent rise in market prices. This is the time when fraud and violations of the law might accompany true and tested justifiable success. This is the time when "irrational exuberance," as former Federal Reserve Chairman Alan Greenspan once described market bubbles, is probably on the rise.

Continuous examinations are not new for the regulators and those being examined. They are likely to be less costly than court cases, especially against huge corporations using well-staffed law firms. Their focus should be on institutions whose failure may shake the system. Visits by regulators may produce a mild deterrent. Instead of harsh sentences and inflexible rules, examinations and suggested corrections can enhance and inculcate good habits to overcome temptations.

As a bonus, examining regulators would pick up on the latest financial innovations and developments in the markets. Had regulators understood the terms of the sub-prime mortgages, they might have been alerted to the amazing AAA rating that these mortgages received.


Examiners should learn about -- not regulate -- unregulated financial techniques, and acquire knowledge which they should share with colleagues. If regulators understand today's bubble mechanisms and identify attendant violations of the law, they can stem the trend toward empty prices before they rise and inevitably result in a painful crash.
And examinations need not mean publicity. Regulators, by law, should assure examined institutions of confidential treatment.

We have been doing just the opposite. Half of the SEC's resources are devoted to enforcement, including investigation of particular offenses. Its Office of Compliance is far smaller. In our current system, financial institutions are left virtually free of regulation during the rise of a bubble. With the inevitable crash, regulators are energized to investigate, prosecute, and come to the rescue failing institutions.

Right now there are proposals to tighten regulation in anticipation of problems, and proposals to reduce regulation and let the market solve problems. Neither is satisfactory. Addressing possible harmful activities before they actually occur may stifle innovations, harm the investors, and weaken the financial system.

Adopting a "wait and see" policy, and looking for a clear evidence to prosecute and plugging legal loopholes that were uncovered, may address problems that might not occur again soon. Such prosecutions and new regulations are acting "after the horse got out of the barn."

Like all things, the good features in the financial system can turn bad. Small bubbles offer increased liquidity, which is good. But at a break-point, bubbles can lead to devastating crashes. These are bad because markets cannot exist without trust in the prices and pricing mechanisms.

The transition from good to bad is impossible to determine. In 1996 Greenspan noted: "How do we know when irrational exuberance (bubbles) has unduly escalated asset values, which then become subject to unexpected and prolonged contractions (crashes)." Of course, we cannot. But we can examine, investigate and enforce the current law against violations, even in the good times.

Bubbles are accompanied by violations of existing law, perhaps at higher rate than in flat markets, and are likely to rise with the help of illegal "encouragement" advice and by "cooking the books." To be sure, bubbles and crashes will likely continue to occur with or without examinations. Yet, by moving from after-crash prosecution to frequent, on-going, long-term examinations, regulators' visits may minimize the devastating impact of crashes and the horrendous results and costs that the market solutions impose.

Problems may be resolved if we do nothing, or, as some people call it "markets solutions." But the cost may be so high as to undermine our entire system and our economy. It may take years to rebuild a healthy system. It would be better let the regulators watch rather than regulate.

Let regulators be the "police on the beat." Let them acquire a far better sense of trouble that may be brewing, acting only by enforcing existing laws. And let them exercise enforcement before, not after, the crash -- throughout the evolution and rise of bubbles. Perhaps then bubbles will burst early and make a "pop" rather than a nuclear explosion.


--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: UPDATE 1-India Suzlon shares fall on $390 mln rights issue plan

hI aLL,
 
I am  in a big doubt , i have bought 4000 Shares of prajay engenring  @ 80 per share.
 
while the company has a 52wk  high of 489 and 52 wk low of 42.
 
the company has shown good profit in the past, but at present the stock is moving down now trading at 47 Rs.
 
plz tell any body if knows any thing more about this company and futures of this company,, should i hold the stock or what to do....
 
plz guide.
 
 
 
Regards
 
Ajay Somani
 
 


 
On Thu, Sep 25, 2008 at 7:23 AM, Subu <forsubu@yahoo.com> wrote:

UPDATE 1-India Suzlon shares fall on $390 mln rights issue plan

Thu Sep 25, 2008 3:52pm IST

(Adds details, share price)


MUMBAI, Sept 25 (Reuters) - Shares in India's Suzlon Energy Ltd (SUZL.BO: Quote, Profile, Research) fell more than 7 percent on Thursday after it said it would consider a rights issue to raise up to 18 billion rupees ($390 million) on Sept. 27.


The world's fourth-biggest wind turbine maker did not say what it would use the funds for.

Suzlon had said earlier this month it had struck a deal with Martifer (MARTI.LS: Quote, Profile, Research) for an early acquisition of the Portuguese conglomerate's stake in REpower Systems (RPWGn.DE: Quote, Profile, Research) for nearly $400 million.


Suzlon is just the latest Indian company to tap rights issues to raise funds as higher borrowing costs pinch.


Hindalco Industries Ltd (HALC.BO: Quote, Profile, Research), India's leading aluminium maker, on Monday launched a 50.5-billion-rupee rights issue, while Tata Motors (TAMO.BO: Quote, Profile, Research), India's top vehicle maker, is set to open its 41.5-billion-rupee rights issue on Sept. 29.


But turbulent market conditions are a concern, a trader said.


"People have concerns about any company that is looking to raise money in these market conditions," said an institutional sales dealer who asked not to be named.


"Even the Tata Motors offer doesn't look very exciting."

Tata Motors, which is raising the money to help fund its $2.3 billion acquisition of Jaguar and Land Rover, had scaled down the size of its rights offer from 72 billion rupees.


Indian companies have raised about $4.8 billion from rights issues until mid-August, Thomson Reuters data showed, topping the Asia-Pacific region excluding Japan.


More such offers may be in the pipeline after the capital markets regulator recently eased rules for rights issues, cutting the timeline and changing the pricing conditions.


Shares in Suzlon were down 7.3 percent at 181.75 rupees at 1019 GMT, after falling as low as in a Mumbai market that was down 0.9 percent. ($1=46.1 rupees)


(Reporting by Rina Chandran; Editing by Ranjit Gangadharan)



Source :

http://in.reuters.com/

 


-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu






--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> BGR Energy -19-09-08 - PL

 
Trouble shared is trouble halved.
>>>>>>>>>>>>>>>Lee Iacocca
 
 
 
 
 
 

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> India's Inflation Holds Near Lowest Level in 5 Weeks (Update1)


India's Inflation Holds Near Lowest Level in 5 Weeks (Update1)


By [bn:PRSN=1] Kartik Goyal []


Sept. 25 (Bloomberg) --


India's inflation held near a five- week low, giving the central bank room to keep borrowing costs unchanged and avoid placing funding pressures on lenders spooked by the U.S. financial meltdown.


Wholesale prices rose 12.14 percent in the week to Sept. 13 from a year earlier, matching the previous week's gain, the commerce ministry said in New Delhi today. Economists were predicting a 12.23 percent increase.


Weaker-than-expected inflation may allow Reserve Bank of India Governor Duvvuri Subbarao to stop raising interest rates as three increases since June threaten to damp a slowing economy. Some economists including Macquarie Group Ltd.'s Rajeev Malik who previously forecast higher borrowing costs next month now expect the central bank to pause.


``The key reason for our revision is the backdrop of the ongoing global financial stress,'' Malik said. ``Governor Subbarao will probably signal a shift to neutral at the October policy review.''

Bonds gained on speculation yields near the highest this month will attract investors. The yield on the benchmark 8.24 percent note due April 2018 dropped 6 basis points to 8.57 percent at the 5:30 p.m. close in Mumbai.


India's finance ministry this week allowed companies building roads, ports, utilities and other infrastructure projects to borrow more overseas, giving them access to cheaper funds. The central bank on Sept. 16 also announced measures to boost cash in India's financial system.

`Overdone Tightness'


The moves by the government and the central bank to improve domestic access to credit came as liquidity in India's financial system began to show signs of what Macquarie Group's Malik described as ``overdone tightness.''


The rate at which Indian banks lend to each other climbed to an 18-month high of 15.125 percent on Sept. 19, following the failure of Lehman Brothers Holdings Inc. and the U.S. government takeover of American International Group. The rate declined to 9.75 percent today, according to data compiled by Bloomberg.


Indian banks borrowed an average 642.8 billion rupees from the central bank in the last two weeks, more than five times the average 113 billion rupees in the previous fortnight, further indicating a shortage of funds in the banking system.


``Against the backdrop of the complete annihilation of global investment sentiment and domestic growth moderation, it appears the Reserve Bank is likely to maintain the status quo on rates,'' said Shubhada Rao, an economist at YES Bank Ltd. in Mumbai. ``The recent measures from the government and central bank are aimed to address issues such as slowing capital flows and arresting the sharp pace of rupee depreciation.''


Weaker Currency


The rupee has declined almost 17 percent this year and is the second-worst performer this year among the ten most-active Asian currencies excluding the yen. The rupee fell as the credit-market turmoil in the U.S. prompted overseas funds to pull out money from Indian stocks.


Foreign investors, who bought a record $17 billion of Indian stocks in 2007, have withdrawn $8.85 billion this year, fueling a 33 percent decline in the benchmark stock index.


India's central bank in July raised the benchmark interest rate by a half point to a seven-year high of 9 percent after increasing it twice in June. The reserve requirement for lenders was also lifted to 9 percent from 8.75 percent. The Reserve Bank's next policy announcement is due Oct. 24.


Slower Growth


The bank expects the $1.2 trillion economy to expand 8 percent in the 12 months ending March, the slowest pace in four years. India's economy grew 7.9 percent in the three months to June 30 from a year earlier, the weakest pace since the last quarter of 2004.


Elevated energy and commodity prices forced the central bank in July to raise its inflation forecast for the year to March 31 to 7 percent from a previous target of between 5 percent and 5.5 percent.


The government may revise today's preliminary wholesale- price estimate in two months after receiving additional data. The commerce ministry today raised its inflation estimate for the week ended July 19 to 12.54 percent from 11.98 percent.


To contact the reporter on this story: Kartik Goyal in New Delhi at kgoyal@bloomberg.net.


Last Updated: September 25, 2008 08:41 EDT

Source :
Bloomberg dot com

 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu



--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

UPDATE 1-India Suzlon shares fall on $390 mln rights issue plan

MUMBAI, Sept 25 (Reuters) - Shares in India's Suzlon Energy Ltd (SUZL.BO: Quote, Profile, Research) fell more than 7 percent on Thursday after it said it would consider a rights issue to raise up to 18 billion rupees ($390 million) on Sept. 27.


The world's fourth-biggest wind turbine maker did not say what it would use the funds for.

Suzlon had said earlier this month it had struck a deal with Martifer (MARTI.LS: Quote, Profile, Research) for an early acquisition of the Portuguese conglomerate's stake in REpower Systems (RPWGn.DE: Quote, Profile, Research) for nearly $400 million.


Suzlon is just the latest Indian company to tap rights issues to raise funds as higher borrowing costs pinch.


Hindalco Industries Ltd (HALC.BO: Quote, Profile, Research), India's leading aluminium maker, on Monday launched a 50.5-billion-rupee rights issue, while Tata Motors (TAMO.BO: Quote, Profile, Research), India's top vehicle maker, is set to open its 41.5-billion-rupee rights issue on Sept. 29.


But turbulent market conditions are a concern, a trader said.


"People have concerns about any company that is looking to raise money in these market conditions," said an institutional sales dealer who asked not to be named.


"Even the Tata Motors offer doesn't look very exciting."
Thu Sep 25, 2008 3:52pm IST

Tata Motors, which is raising the money to help fund its $2.3 billion acquisition of Jaguar and Land Rover, had scaled down the size of its rights offer from 72 billion rupees.


Indian companies have raised about $4.8 billion from rights issues until mid-August, Thomson Reuters data showed, topping the Asia-Pacific region excluding Japan.


More such offers may be in the pipeline after the capital markets regulator recently eased rules for rights issues, cutting the timeline and changing the pricing conditions.


Shares in Suzlon were down 7.3 percent at 181.75 rupees at 1019 GMT, after falling as low as in a Mumbai market that was down 0.9 percent. ($1=46.1 rupees)


(Reporting by Rina Chandran; Editing by Ranjit Gangadharan)



Source :

http://in.reuters.com/




-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu



--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: SELMCL

SOmetime back I was getting continuous SMS to buy this stcok.
It went heavily only to collapse at the end

On Thu, Sep 25, 2008 at 12:11 PM, Bala Krishna <bala.a.krish@gmail.com> wrote:
Dear Sachin,
 
It is not that you have to average and make money in this stock itself.. You can buy some other large-cap stocks and reap profits. You can insert the profit margin into SELMCL and calculate the average price. That is the best idea to survive in this market.
 
This stock will definitely come to your purchase price, however, that would happen in the bull run. So, if you want to get confidence, buy some other fundamentally strong companies and recover the loss.
 
Regards
Bala

On Thu, Sep 25, 2008 at 8:22 AM, sachin shah <shacheen@gmail.com> wrote:

hey friends,
 
need your help... cld not understood wht to do...
 
have SELMCL 100 share @ 550 now CMP near abt 170
 
can i book loos or buy more @ this level............ please help me.. if i get my buying price than i prefer to hold it next 2-3 years.
 
let me know your view abt the stock
 
thank n regards
 
SACHIN SHAH
09824172870






--
Thanks & regds
SO

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.

Nothing in this article is, or should be construed as, investment advice.

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Gitanjali Gems - Need Suggestions & report

Gitanjali gems is trading near it 52-week low.
Can somebody explain why this stock is in downtrend since May-08, inspite of a strengthning dollar?
Is it a good Buy at this level. Does anyone have report on this.
 
Plz suggest.
 
thnx !!!

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: SELMCL

Dear Ankit,
 
I am sorry but i don't think you have seen the stock movement and the time frame except its high and low. SELMCL got relisted at 110 and went high as much as 180 intraday, fallen to a low of 75 in January February 2008....and began its northward journey from March this year till August first week...registered high of 700+ and then rest is the story. Mr. Nirmal Kotecha who was one of the major stake holder offloaded his position once his holding came out of Lock- In _period. not many of us are aware of this name....but he is again of the biggest operator...can check his name in the share holding pattern of PSTL too.....So dear please dont give any misjudged advice to any of the memeber. Its a humble request,,,rest your choice.....
 
Thanks & Regards,
Nitesh Jalan

 
On 9/25/08, Alkesh Brahmbhatt <alkesh.b@gmail.com> wrote:
I learn that..

1. Investing was rewarding before 2007. in last 1 year.. things are much dynamic and calculations can go wrong anytime. means we cannot calculate so much.. so no point in batting stock .. means dont average it because u r holding that stock. it now luck if u find jackpot .. no one is sure(100% sure) what will be world after 3 years, will be using oil or there will be new technology?

2. Trading (short term - medium term) should be best option in todays market, if you can really understand market trands. .. means check trand of stock & invest.. no need to buy selmcl again if its not in uptrand.

Better is . find a good stock based on short-medium trands, bet on it, take a little-good profit & exit..



On Thu, Sep 25, 2008 at 12:11 PM, Bala Krishna <bala.a.krish@gmail.com> wrote:
Dear Sachin,
 
It is not that you have to average and make money in this stock itself.. You can buy some other large-cap stocks and reap profits. You can insert the profit margin into SELMCL and calculate the average price. That is the best idea to survive in this market.
 
This stock will definitely come to your purchase price, however, that would happen in the bull run. So, if you want to get confidence, buy some other fundamentally strong companies and recover the loss.
 
Regards
Bala

 
On Thu, Sep 25, 2008 at 8:22 AM, sachin shah <shacheen@gmail.com> wrote:

hey friends,
 
need your help... cld not understood wht to do...
 
have SELMCL 100 share @ 550 now CMP near abt 170
 
can i book loos or buy more @ this level............ please help me.. if i get my buying price than i prefer to hold it next 2-3 years.
 
let me know your view abt the stock
 
thank n regards
 
 
SACHIN SHAH
09824172870
 


 








--
Thanks & Regards,
Nitesh Jalan
Hand Phone: 9324008599/ 9987899714
--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: Require GE shipping Report

Hi 
pls find attatched some reports on GE Shipping

Kushal Shah
Research Analyst

On Thu, Sep 25, 2008 at 4:36 PM, Subu <forsubu@yahoo.com> wrote:
Brief info as available with me


Great Eastern Shipping Company

BSE: 500620 NSE: GESHIP ISIN: INE017A01032
Industry : Shipping

Quarterly Results ------------------- in Rs. Cr. -------------------


Jun '07 Sep '07 Dec '07 Mar '08 Jun '08

Sales Turnover 637.13 601.31 604.29 737.98 702.44
Other Income 232.56 204.85 139.99 45.40 290.05
Total Income 869.69 806.16 744.28 783.38 992.49
Total Expenses 324.44 323.45 314.01 348.44 319.20
Operating Profit 312.69 277.86 290.28 389.54 383.24
Profit On Sale Of Assets -- -- -- -- --
Profit On Sale Of Investments -- -- -- -- --
Gain/Loss On Foreign Exchange -- -- -- -- --
VRS Adjustment -- -- -- -- --
Other Extraordinary Income/Expenses -- -- -- -- --
Total Extraordinary Income/Expenses -- -- -- 0.07 -138.57
Tax On Extraordinary Items -- -- -- -- --
Net Extra Ordinary Income/Expenses -- -- -- -- --
Gross Profit 545.25 482.71 430.27 434.94 673.29
Interest 31.40 34.12 38.56 45.20 38.32
PBDT 513.85 448.59 391.71 389.81 496.40
Depreciation 83.55 86.56 87.84 83.00 78.01
Depreciation On Revaluation Of Assets -- -- -- -- --
PBT 430.30 362.03 303.87 306.81 418.39
Tax 9.26 19.24 10.30 7.40 30.80
Net Profit 421.04 342.79 293.57 299.41 387.59
Prior Years Income/Expenses -- -- -- -- --
Depreciation for Previous Years Written Back/ Provided -- -- -- -- --
Dividend -- -- -- -- --
Dividend Tax -- -- -- -- --
Dividend (%) -- -- -- -- --
Earnings Per Share 27.65 22.51 19.28 19.66 25.45
Book Value -- -- -- -- --
Equity 152.27 152.27 152.27 152.27 152.27
Reserves -- -- -- 4,005.10 --
Face Value 10.00 10.00 10.00 10.00 10.00




BSE:  500620 NSE:  GESHIP Reuters:  GESC.BO   GESC.NS
Source : Asian CERC    


 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu


----- Original Message ----
From: sachin jain <sachinjains1977@gmail.com>
To: aiii@googlegroups.com
Sent: Thursday, September 25, 2008 2:11:50 PM
Subject: <<Aiii>> Require GE shipping Report

Dear All,
 
I am in need of report on GE Shipping, if anybody can help me on this.
 
Regards
Sachin







--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> need your views on AXISBANK

Hi Technical Gurus,

I like to hear your ideas on AxisBanks todays surprice UP move and if possible view on tomorrow's movement.

Thanks

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: SELMCL

I learn that..

1. Investing was rewarding before 2007. in last 1 year.. things are much dynamic and calculations can go wrong anytime. means we cannot calculate so much.. so no point in batting stock .. means dont average it because u r holding that stock. it now luck if u find jackpot .. no one is sure(100% sure) what will be world after 3 years, will be using oil or there will be new technology?

2. Trading (short term - medium term) should be best option in todays market, if you can really understand market trands. .. means check trand of stock & invest.. no need to buy selmcl again if its not in uptrand.

Better is . find a good stock based on short-medium trands, bet on it, take a little-good profit & exit..



On Thu, Sep 25, 2008 at 12:11 PM, Bala Krishna <bala.a.krish@gmail.com> wrote:
Dear Sachin,
 
It is not that you have to average and make money in this stock itself.. You can buy some other large-cap stocks and reap profits. You can insert the profit margin into SELMCL and calculate the average price. That is the best idea to survive in this market.
 
This stock will definitely come to your purchase price, however, that would happen in the bull run. So, if you want to get confidence, buy some other fundamentally strong companies and recover the loss.
 
Regards
Bala

On Thu, Sep 25, 2008 at 8:22 AM, sachin shah <shacheen@gmail.com> wrote:

hey friends,
 
need your help... cld not understood wht to do...
 
have SELMCL 100 share @ 550 now CMP near abt 170
 
can i book loos or buy more @ this level............ please help me.. if i get my buying price than i prefer to hold it next 2-3 years.
 
let me know your view abt the stock
 
thank n regards
 
SACHIN SHAH
09824172870






--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: Require GE shipping Report

Brief info as available with me


Great Eastern Shipping Company

BSE: 500620 NSE: GESHIP ISIN: INE017A01032
Industry : Shipping

Quarterly Results ------------------- in Rs. Cr. -------------------


Jun '07 Sep '07 Dec '07 Mar '08 Jun '08

Sales Turnover 637.13 601.31 604.29 737.98 702.44
Other Income 232.56 204.85 139.99 45.40 290.05
Total Income 869.69 806.16 744.28 783.38 992.49
Total Expenses 324.44 323.45 314.01 348.44 319.20
Operating Profit 312.69 277.86 290.28 389.54 383.24
Profit On Sale Of Assets -- -- -- -- --
Profit On Sale Of Investments -- -- -- -- --
Gain/Loss On Foreign Exchange -- -- -- -- --
VRS Adjustment -- -- -- -- --
Other Extraordinary Income/Expenses -- -- -- -- --
Total Extraordinary Income/Expenses -- -- -- 0.07 -138.57
Tax On Extraordinary Items -- -- -- -- --
Net Extra Ordinary Income/Expenses -- -- -- -- --
Gross Profit 545.25 482.71 430.27 434.94 673.29
Interest 31.40 34.12 38.56 45.20 38.32
PBDT 513.85 448.59 391.71 389.81 496.40
Depreciation 83.55 86.56 87.84 83.00 78.01
Depreciation On Revaluation Of Assets -- -- -- -- --
PBT 430.30 362.03 303.87 306.81 418.39
Tax 9.26 19.24 10.30 7.40 30.80
Net Profit 421.04 342.79 293.57 299.41 387.59
Prior Years Income/Expenses -- -- -- -- --
Depreciation for Previous Years Written Back/ Provided -- -- -- -- --
Dividend -- -- -- -- --
Dividend Tax -- -- -- -- --
Dividend (%) -- -- -- -- --
Earnings Per Share 27.65 22.51 19.28 19.66 25.45
Book Value -- -- -- -- --
Equity 152.27 152.27 152.27 152.27 152.27
Reserves -- -- -- 4,005.10 --
Face Value 10.00 10.00 10.00 10.00 10.00




BSE:  500620 NSE:  GESHIP Reuters:  GESC.BO   GESC.NS
Source : Asian CERC    


 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu


----- Original Message ----
From: sachin jain <sachinjains1977@gmail.com>
To: aiii@googlegroups.com
Sent: Thursday, September 25, 2008 2:11:50 PM
Subject: <<Aiii>> Require GE shipping Report

Dear All,
 
I am in need of report on GE Shipping, if anybody can help me on this.
 
Regards
Sachin




--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: Sundaram Fasteners


Sundaram Fasteners year low is close to Rs. 21.00      or       Rs. 21.50


 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu


----- Original Message ----
From: narayanan adaikkammai <vengannu@gmail.com>
To: aiii@googlegroups.com
Sent: Thursday, September 25, 2008 1:24:14 PM
Subject: <<Aiii>> Sundaram Fasteners

Dear All,
Chennai based Sundaram Fasteners(SUNDRMFAST) is very good pet for investment.
It is trading near year Low(Rs.26.90).It is a TVS Group Company.
It Supplies to major Corporates in India.
Now it will give Better returns than Bank Deposit .
thanks
regards
Venkat,
Rangiem




--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Require GE shipping Report

Dear All,
 
I am in need of report on GE Shipping, if anybody can help me on this.
 
Regards
Sachin

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Misc reports.


--
Thanks & Regards,

Abhishek Kothari

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Sundaram Fasteners

Dear All,
Chennai based Sundaram Fasteners(SUNDRMFAST) is very good pet for investment.
It is trading near year Low(Rs.26.90).It is a TVS Group Company.
It Supplies to major Corporates in India.
Now it will give Better returns than Bank Deposit .
thanks
regards
Venkat,
Rangiem

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Broker Views consolidated


Broker Views consolidated
===================================

Source : Money control dot com 


Broking House............Stocks...................Views
---------------       ------------           ----------------


Credit Suisse.............TCS.................Underperform; target Rs 750
Credit Suisse.............Infosys.............Neutral; target Rs 1800
Credit Suisse.............SBI..................Underperform; target Rs 993
Credit Suisse.............Tata Stee...........Outperform; target Rs 993

Sharekhan..................Sun Pharma...........Buy ; target Rs 1640

Unicon Investment.........Mahindra Finance......Buy; target Rs 319

Enam......................Reliance Ind.........Outperformer; target Rs 2540

Emkay.....................Sintex Ind...........Buy; target Rs 418

Morgan Stanley............Sterlite Ind.........Overweight; target Rs 647



 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu



--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Markets Not Out Of The Woods-Deutsche Securities

From: MAY TSANG (DEUTSCHE SECURITIES)
At:  9/23  5:08:16

*Our feelings that :
a)  markets are not out of the woods just yet - not convinced that last week marked definitive bear market lows,    
 
 b) continued economic overhang - economic growth in the developed world will    not bottom until well into 2009,
 
 c) consensus EPS  forecasts still have con-siderable room for disappointment,
 
d) valuations beginning to look cheap but not at rock bottom PERs - at 11x 08E
EPS, valuations are simply back in the 2003-07 range when earnings growth was
robust/accelerating. 


Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 


--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Religare received SEBI approval tl alunch mutual fund schemes


Religare Enterprises Ltd has informed BSE regarding a Press Release with respect to announcement by Religare AEGON Asset Management Company Pvt Ltd, (Religare AEGON AMC), a joint venture between Religare and AECON, that it has received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to launch mutual fund business in the country. The AMC is looking at launching its first product by Nov-Dec 2008 for the Indian retail investor.

--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Real Estate: Mumbai In Agony-Credit Suisse

Real Estate: Mumbai In Agony
Lok Housing, Godrej Industries, IB Real, Century Textiles, Bombay Dyeing, Orbit and HDIL-all Bombay based Real Estate Developers have been hit by slowing demand since the beginning of CY09. The softening trend is sustaining and we would most likely see Real Estate price cuts in CY10.
 
A visitto the office of the Deputy Inspector General of Stamps and Registration has confirmed fears of a deep drawn slow down in real estate demand in Mumbai.
 
Data of stamp duty registrations shows sales volumes so far in FY09 are down 14% yoy and 33% lower than in FY07. Volumes for August 2008 were down 27% YoY, the steepest fall in any month this year.
 
Mumbai has traditionally been the strongest property market in the country – and we believe that the above evidence is highly indicative of the state of property markets across the country. 
 
Developers appear to be holding prices in the hope that demand will revive during the festive season, and residential prices in Mumbai appear to have risen marginally since the start of FY09. Despite this, reports of developers offering direct and indirect discounts on projects are becoming increasingly frequent implying that a price correction might be just round the corner. 
 
The trend of slowing volumes to continue going forward, leading to price cuts by developers post the festive season.
 
The end of Fads, just like the Replacement Cost Thesis propagated by Harshad Mehta in 1992, the NBFC Fad of mid 90s, the Tech Bubble of 1999-2000 were followed by massive stock market falls as investors vanished form the sectors concerned.
 
It is highly possible, that the current series of falls in the Real Estate segment is just the beginning of a deeper slide and the aforementioned concerns too, will never be able to capture peak level market capitalisation.



Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 


--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: SELMCL

Its SEL manu.com.,If we see High\Low of one year of this stock,We see that here is more chance to go near 75 as mostof stocks broke their lows in this crash conditions,If you din see 75 in near term its ok but i think you should wait even for 100 levels.

Its a good and fundamentals stock,so you should definately hold this and do average on 100 level.

Thanks and Best Of Luck

Ankit 


On Wed, Sep 24, 2008 at 7:52 PM, sachin shah <shacheen@gmail.com> wrote:

hey friends,
 
need your help... cld not understood wht to do...
 
have SELMCL 100 share @ 550 now CMP near abt 170
 
can i book loos or buy more @ this level............ please help me.. if i get my buying price than i prefer to hold it next 2-3 years.
 
let me know your view abt the stock
 
thank n regards
 
SACHIN SHAH
09824172870




--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

20080924

<> the 85% disclaimer !!! - "Specialist" views and their worth

Dear Friends


Many members here take pains to share info and that is a VERY commendable act. I thank the members, owners and moderators for the same.

I too keep reading, analyzing reports and also post some of them to groups.

However, when you look back on the share market crash and casualities, it makes one wonder about the quality and real worth of these so called "broker", "analyst" or "specialist" views and "studies"

For e.g , as recent as Feb 2008 a "specialist" recommended a BUY on Sobha developers stating a price target of Rs. 1408/- per share

Sobha has steadily declined ever since and is now quoting close to 195 ... 198 - YEP just plain 195 per share i.e. a mere 14%... 15% of the Target

It is quite doubtful IF the stock would ever reach the target price in the next six to twelve months !!!

I searched to see IF there was a split or Bonus during this period but could NOT find one :-(

All these specialist reports come with lengthy disclaimers .....but nothing prepares us [investors] for a 85% fall !!!

Well....Well....Well...., what to say ??

PS : Please correct me, IF my views are wrong
 
-----------------------------------------------------------------------------
Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money.
-----------------------------------------------------------------------------



----


Regards
Subu



--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: SELMCL

Dear Sachin,
 
It is not that you have to average and make money in this stock itself.. You can buy some other large-cap stocks and reap profits. You can insert the profit margin into SELMCL and calculate the average price. That is the best idea to survive in this market.
 
This stock will definitely come to your purchase price, however, that would happen in the bull run. So, if you want to get confidence, buy some other fundamentally strong companies and recover the loss.
 
Regards
Bala

On Thu, Sep 25, 2008 at 8:22 AM, sachin shah <shacheen@gmail.com> wrote:

hey friends,
 
need your help... cld not understood wht to do...
 
have SELMCL 100 share @ 550 now CMP near abt 170
 
can i book loos or buy more @ this level............ please help me.. if i get my buying price than i prefer to hold it next 2-3 years.
 
let me know your view abt the stock
 
thank n regards
 
SACHIN SHAH
09824172870



--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> petroleum refining

a
--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: HDFC_Weekly_Technical_Report_-_Sep_22_08

Here is my 2 cents worth on the technicals.

The 'b-d' line drawn on the Sensex chart happens to be the neckline of the head and shoulders formation with head at 15600 and the two shoulders at 15100.

The Sensex broke through the neckline and reached the target low of 12500 - thereby making two bottoms at 12500.

Is this a double bottom, which will be bullish? Doesn't look like it. Why? Because the Sensex retraced upwards rapidly from the 12558 low, only to get resisted by the 'b-d' neckline.

The triangle drawn on the HDFC Sec chart looks like a descending triangle to me with lower tops and a flat bottom. This means the Sensex will head down towards the 12500 low again and this time may break it downwards.

Subhankar
http://investmentsfordummieslikeme.blogspot.com

On Thu, Sep 25, 2008 at 1:46 AM, Subramaniam S <forsubu@yahoo.com> wrote:

HDFC_Weekly_Technical_Report_-_Sep_22_08







--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Resurger Mines


I have 100 shares of Resurger Mines @ 190 levels, please help me out shoild i hold the stock or exit.



Rupesh Shah
9373073730
 
 
 
 


Unlimited freedom, unlimited storage. Get it now --~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---

<> Re: Fwd: TATA Motors Ltd. - Rights issue document

Hardly a 5% difference between the spot price and rights price. Since the Sensex has still some downside left, even this discount may disappear.

If you have an odd number of stocks, apply for a small quantity to round off your holding to the nearest 50/100 shares (e.g. if you hold 180 shares then your rights entitlement will be 30 shares @ 1:6; apply for 20 and renounce 10).

The other option is to not apply but renounce the whole lot. The Tata's will try and keep the spot price propped up till the rights issue gets over, but I feel you may get a better price afterwards.

Subhankar
http://investmentsfordummieslikeme.blogspot.com

On Thu, Sep 25, 2008 at 9:04 AM, Abraham Sam <vinu.sam@gmail.com> wrote:
Hi All,
 
Is it worth subscribing? any advice from experts?
 
Rgds

Abraham

On Wed, Sep 24, 2008 at 5:32 PM, Subrahmanyam Devaganugala <subbu5646@gmail.com> wrote:
--
With regards,

D.Subrahmanyam




--
Best Regards

Abraham Vinu Sam




--~--~---------~--~----~------------~-------~--~----~
Feedback for the group.
http://spreadsheets.google.com/ccc?key=pMGSuXcWB0fTc5dPBUEvKcw&hl=en

Live Market News www.LiveNewsUpdater.blogspot.com

EagleEyeTrade Group http://groups.google.com/group/EagleEyeTrade

Association of Indian Individual Investor www.groups.google.com/group/Aiii
-~----------~----~----~----~------~----~------~--~---