Building Up A Portfolio At A 7000 Level

[Sai]

Supratik
Kindly have a look at Sonata software. Entered this counter at 71.6 levels. It appears it cannot break the resistance, which I hoped, would have brought it to 95-97 levels. What do you suggest - quit or continue?
Regards

 

[supratik]

Hi All,
Updates on Suzlon

Related Links
Suzlon Energy Limited
Suzlon Energy consolidated net rises 29.23% in Dec`06 qtr
Source: IRIS (29 January 2007)

Suzlon Energy group registered 29.23% rise in net profit for the quarter ended Dec. 31, 2006.

The company posted a net profit after minority interest of Rs 1,743.90 million for the quarter ended Dec. 31, 2006 whereas the same was at Rs 1,349.40 million for the quarter ended Dec. 31, 2005.

Total income rose 2.13 times to Rs 19,392.90 million for the current quarter from Rs 9,083.50 million from the quarter ended Dec. 31, 2005.

On a standalone basis, the company posted a net profit of Rs 1,762.30 million for the quarter ended Dec. 31, 2006 (unaudited) from Rs 1,619.40 million for the quarter ended Dec. 31, 2005.

Total income increased 8.82% to Rs 11,260.70 million for the quarter ended Dec. 31, 2006 from Rs 8,632.40 million for the quarter ended Dec. 31, 2005.

The company through its wholly owned subsidiary, AE-Rotor Holding, the Netherlands (`AE-Rotor`), May 09, 2006 purchased 100% of the share capital of Eve Holding, Belgium for a consideration of Euro 431.43 million.

By virtue of the acquisition of Eve Holding by AE-Rotor, the company has 100% ownership of Hansen Transmissions International, Belgium along with its subsidiaries, which are engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes and is the second largest wind energy gearbox manufacturer in the world having approximately 33% global market share.

The above consolidated results for the quarter ended Dec. 31, 2006, interalia includes the results of Eve Holding, Belgium. Accordingly the sales and gross margins for the consolidated results during the quarter ended Dec. 31, 2006 are to that extent not comparable with the consolidated results of prior periods presented.

The company as part of its long-term plans of having independent manufacturing units for various components of a Wind Turbine Generator (`WTG`) has realigned its operations and has commenced sale of tubular towers through one of its wholly owned subsidiary.

Accordingly, the standalone results for the quarter ended Dec. 31, 2006 do not include the sale of tubular towers aggregating approximately Rs 1,169.60 million and Rs 3,294.70 million respectively which have been sold through the wholly owned subsidiary.

Accordingly, the sales realizations and gross margins for standalone results during the quarter ended Dec. 31, 2006 are to that extent not comparable with the standalone results of prior periods presented.

Shares of the company were trading lower by Rs 52.20, or 4.06%, at Rs 1,234.90. A total of 76,947 shares have changed hands at the BSE. (Monday, 10.49 a.m).

My view - Accumate

Thanks and Regards
Supratik

 

[ssnkumar]

Hi All,
Updates on Suzlon

Related Links
Suzlon Energy Limited
Suzlon Energy consolidated net rises 29.23% in Dec`06 qtr
Source: IRIS (29 January 2007)

Suzlon Energy group registered 29.23% rise in net profit for the quarter ended Dec. 31, 2006.

The company posted a net profit after minority interest of Rs 1,743.90 million for the quarter ended Dec. 31, 2006 whereas the same was at Rs 1,349.40 million for the quarter ended Dec. 31, 2005.

Total income rose 2.13 times to Rs 19,392.90 million for the current quarter from Rs 9,083.50 million from the quarter ended Dec. 31, 2005.

On a standalone basis, the company posted a net profit of Rs 1,762.30 million for the quarter ended Dec. 31, 2006 (unaudited) from Rs 1,619.40 million for the quarter ended Dec. 31, 2005.

Total income increased 8.82% to Rs 11,260.70 million for the quarter ended Dec. 31, 2006 from Rs 8,632.40 million for the quarter ended Dec. 31, 2005.

The company through its wholly owned subsidiary, AE-Rotor Holding, the Netherlands (`AE-Rotor`), May 09, 2006 purchased 100% of the share capital of Eve Holding, Belgium for a consideration of Euro 431.43 million.

By virtue of the acquisition of Eve Holding by AE-Rotor, the company has 100% ownership of Hansen Transmissions International, Belgium along with its subsidiaries, which are engaged in the business of design, development, manufacturing and supply of industrial and wind gear boxes and is the second largest wind energy gearbox manufacturer in the world having approximately 33% global market share.

The above consolidated results for the quarter ended Dec. 31, 2006, interalia includes the results of Eve Holding, Belgium. Accordingly the sales and gross margins for the consolidated results during the quarter ended Dec. 31, 2006 are to that extent not comparable with the consolidated results of prior periods presented.

The company as part of its long-term plans of having independent manufacturing units for various components of a Wind Turbine Generator (`WTG`) has realigned its operations and has commenced sale of tubular towers through one of its wholly owned subsidiary.

Accordingly, the standalone results for the quarter ended Dec. 31, 2006 do not include the sale of tubular towers aggregating approximately Rs 1,169.60 million and Rs 3,294.70 million respectively which have been sold through the wholly owned subsidiary.

Accordingly, the sales realizations and gross margins for standalone results during the quarter ended Dec. 31, 2006 are to that extent not comparable with the standalone results of prior periods presented.

Shares of the company were trading lower by Rs 52.20, or 4.06%, at Rs 1,234.90. A total of 76,947 shares have changed hands at the BSE. (Monday, 10.49 a.m).

My view - Accumate

Thanks and Regards
Supratik

Supratik,

Do you expect it to slide down further?

-Narendra

 

[supratik]

Not really Narendra - I got the new that it has received some 2 billion order from Maharastra (verify it). Prior to this it already has an order book of 7700cr

(I have already posted on Electrotherm India and IPCA Lab).

Thanks adn Regards
Supratik

 

[supratik]

Not really Narendra - I got the new that it has received some 2 billion order from Maharastra (verify it). Prior to this it already has an order book of 7700cr

(I have already posted on Electrotherm India and IPCA Lab).

Thanks adn Regards
Supratik

Suzlon - Oops

 

[supratik]

Hi All,
fyi

Related Links
Lanco Infratech Limited
Lanco Infratech Q3 net rises 14.28 times
Source: IRIS (31 January 2007)

Lanco Infratech (Q, N,C,F)* reported a jump of 14.28 times in its consolidated earnings to Rs 516.78 million for the quarter ended Dec 31, 2006 compared with Rs 36.18 million, a year ago.

The standalone earnings increased 24.91 times to Rs 203.05 million for the quarter ended Dec 31, 2006 compared with Rs 8.15 million, a year ago.

The consolidated total income during the quarter jumped 30.02 times to Rs 4506.98 million compared with Rs 150.09 million, a year ago.

The standalone total income rose 10.3 times to Rs 1375.31 million for the quarter ended Dec 31, 2006 compared with Rs 133.45 million, a year ago.

The shares of company closed down Rs 1.45, or 0.61% at Rs 235.70 at BSE. The total volume of shares traded was 168,253 (Wednesday).

Thanks and Regards
Supratik

 

[birjubanarasi]

Hi Supratik,
Is suzlon still a buy at current levels?

Thanks n Rgds,
Birjubanarasi

 

[ssnkumar]

Hi Supratik,
Is suzlon still a buy at current levels?

Thanks n Rgds,
Birjubanarasi

Looking at its prospects, I think it is a BUY.
But, I saw somewhere that it is ACCUMULATE!
I don't know the difference!

Regards,
Narendra

 

[ssnkumar]

Hi,

Look at Prajay Engineers Syndicate (BSE Code: 531746).
It has reported fantastic results and also has got a very good land bank.
It has executed many good projects in and around Hyderabad and still more to come.
Also FII have bought a good amount of shares (60 %). This can be seen both as positive and negative points!

I have been following this for last 2 years, when it was at Rs. 60 levels.
Now it is at Rs.284 and I think it is a good value buy.

Please do study its fundamentals and look at the results and then decide.

Regards,
Narendra

 

[supratik]

Looking at its prospects, I think it is a BUY.
But, I saw somewhere that it is ACCUMULATE!
I don't know the difference!

Regards,
Narendra

The difference b/w 'buy' and 'accumulate' is basically in the accumulate phase you dont make a 'volume buy'. This is when it has a fair chance of going down(near term) and an equivalent opportunity to go up. The same with a longer term would yield profits.
Suzlon for instance is currently 'accumulate' - you are not able to judge the exact entry point where you could take a position. The strategy right now is break up your projected investment to buy on declines or on rises so that you get an average price for the share.
(That is why it is good to make an SIP in Mutual Funds than buy it in 1 shot) - this is our startegy on Suzlon as well.

Thanks and Regards
Supratik