panch-tattva contest…predict nifty closing

Friends,

You are all invited to participate in the contest of predicting NIFTY closing on the 4th June 08 by posting your anticipated level of closing before 1500 hrs (IST) . The closest entry to the actual closing will entitle you to win a  reward of Rs. 1000 worth of gift voucher for purchase of jewelery item from ‘Tanishq’. You have to just mention your nifty closing expectation in the comment box of this entry .Please note that only one entry per person will be allowed. Our decision will be final and no disputes will entertained.You will however be able to see the various entries yourself by looking in the comments box.

 

N.B.Please mention your e-mail address , to enable me to inform the winning party. The gift voucher will be sent at the given address within seven days.

 

HariOm,

krsnaKhandelwal

panch-tattva talk…strength in ‘acc’

Friends,

 

ACC will add 7 M/T capacity over next three years. This will generate additional revenue of Rs 3500 crs. This way total revenue may expected to be between Rs 14 K crs to Rs 15 K crs in FY11. Even if it maintains net profit at about 10% of sales against 19% of sales at present, it will be able to post EPS of Rs 80/- per share. So, why have sleepless nights if ACC is going down. You may pick more of it. Though not a possibility yet if ACC becomes a take over target the aquirer will have to pay not less than Rs 2000/- per share.

 

ACC is cash rich too and would be looking for the expansion in capacity by aquisition of other companies/plants as well as  expand through green field projects. Present locations are seeing expansion wherever fiesible. As per the replacement theoryits capacity of 22.4 M/T may well be valued at between Rs 20 K crs and Rs 25 K crs . This gives it an approx. value of Rs 1200/- per share .

 

Similar is the case with ‘SAIL’ and therefore I see some mathod in the madness in the present day trading in these two scrips.

 

According to Census 2001 , India has 35 cities with over a million population. It is estimated that these cities would require $29 bn to upgrade the transport infrastructure.

 

The auto sector has posted decent sales growth in the month of May 08. All the segment in auto sector have performed better.

 

HariOm,

krsnaKhandelwal