Messages
POWER SECTOR / COAL INDIA ......
how many of u really believe that all problems wl get sorted out with PMO directive ..... the coal wl not come thru .... since it has to be physically taken out from mines ...
and that is not easy like raising a few towers and adding millions of subscribers .....
what this directive wl do is grind coal india valuation to dust ..... as they hv to pay difference between commited coal and the shortfall .......
JUST SELL SELL SELL COAL INDIA ........
as regrds to power cos .... nothing changes except sentiment .... in the short term ... they may get some financing as they wl hv some agreements with coal india to show ... and the infra cos wl get some stuck orders .....
i think infra cos are bigger beneficiaries than the power producers ........
10:12 AM
STEEL / CEMENT SECTOR WL FACE COAL SHORTAGE ........ if coal india has to supply 80 % requirements of power sector .... THEY WILL STARVE STEEL / CEMENT .... so ... they wl hv to import coal .... effect .... huge jump in COSTS .... means hit on margins ..... so what is NECTAR to one sector is POISON for other two ........ see if u can agree with me ... and take yr positions accordingly .... cheersssssssssss ........
MARUTI ..... this yr FY 12 ..... maruti may give EPS of 45/47 .... max next yr it may give somewhere around 65 .... if everything goes well ..... that means current price is discounting FY 13 eps at about 17 times ..... and that too with lots of ifs and buts about 65 rs eps ....... as rupee devaluation may not go away soon and all related problems like royalty in yen / raw matls in yen wl continue ........ i dont think a few hundred rs cut that may happen in EMI due to reduced interest rate is a big positive .... SINCE INCREASE WAS NOT A BIG NEGATIVE EITHER ....... so just decide if u r comfortable at these valuations and THEN ONLY INVEST ...... i think a price level between 1000/1050 gives some cushion for investors ........
two days ago most CEOs of power cos met the PM for resolution of their problems. this includes the likes of ratan tata / anil ambani also.
pl read article ( link given below) which explains what games even the biggies have played to bag UMPP contracts and are crying foul now.
http://www.financialexpress.com/news/should-power-firms-be-bailed-out/901680/0
pl circulate this article to whomever possible. THIS WAY U WL BE DOING SOME GOOD DEED TO GENERAL PUBLIC.
regards --- ranade
IFCI ....
some days ago i had said that i wl rather find a better stock to lose money .....
on expiry day ... stock crashed nearly 20 % in 40 mins .....
who wants to play such russian roulettes when fundamentally there is nothing ... absolutely nothing .... in the stock .......
i believe in trading stocks with some organisations / some management / some credibility behind them ....
there is no point in trading SYMBOLS .... like IFCI ........
i hope u get my point ..... that is what i mean by a better stock .......