CESC
buzz on the street tells that some smart brains have taken long positions in here....why ????
Unlocking values via 3 IPOs................
POWER + RETAIL + REAL ESTATE .................
1>NOIDA POWER CO LTD................
2>SPENCERS RETAIL...............
3>CESC PROPERTIES......................
on 11th jan....v had the first hand inf.....look...2day...the cartoon business channels were flashing it all over....
land ahoy............!!!!
SCI....
BUZZ has it that.....
Spot freight rates in the key tanker segment have skyrocketed in the last fortnight due to the chilly winter in North America and Europe..
there is a strong demand for tankers from the western refiners for transporting crude oil from West Asia to their facilities in anticipation of a strong demand for petroleum products during winter......
A> SCI has an overwhelming capacity in the tanker segment and the increased demand is expected to help SCI in getting better realisations.
B> The spot freight rates in the VLCC (very large crude carriers) segment are
$141,505/day VS $24,938 in November 2007.
>> The tanker rates, from November onwards, have really moved up substantially. We can really call December as possibly the best December ever in the tanker history.....................
The capesize rate is at USD 1,20,000-1,50,000 spot rate. This has been the best ever.
3)The company is sitting on a huge reserves of Rs.4,800 crore, making it a ripe bonus candidate.........
keep a tab on shipping counters.........