Rumour Post On Halaal Street

[sudoku1]

RNRL........

A $ 5 Bn Market Cap, but where's the business?

-RNRL does accept the GSMA's as the terms are not in its favour or not as per the family agreements made.

-There are no projects that have been set up by RNRL which can offtake the RIL gas, which is expected to begin flowing from July-August 2008.

-Even if such GSMA's get concluded at the instance of the Bombay HC and amicably in favour of RNRL, Reliance Natural Resources had intended to use the gas to fire up the Dadri Gas based Power Plant.

-The Dadri Power Plant is no where near take-off/completion but RNRL is liable to pay for atleast 14 MMSCMD of Gas produced by RIL, and due to RNRL, on a "take" or "pay" committment.

So what is the $ 5 bn market cap of RNRL for? A company with no business on ground and no GSMA in place...........?

........................................................................................................
Do not seek to have events happen as you want them to, but instead want them to happen as they do happen, and your life will go well....
........................................................................................................
MKT TREND : -V
BULLISH ABV : 18925 CLOSE

Global rally boost likely..............

European markets shot up last night, while the US indices were mixed with the Dow up and the NASDAQ unchanged. Asian markets are strong this morning, and the global short-term trend has turned up. This should lead to gains in our market today.

 

[sudoku1]

after the exit of future group from the title sponser for IPL (INDIAN PREMIER LEAGUE ).....ITS rumoured that ADAG group is in front to acquire the deal.................

 

[sudoku1]

TRAI.......
rumours floating around have it that TRAI is likely 2 set FDI NORMS FOR BROADCASTING & CABLE SERVICES......
(just on the heels of ADAG entering DTH .....?????)
....................................................................................................
mkt trend : -v
bullish abv : 18925 close.

 

[sudoku1]

(we are already in bear market as we are below 200DMA)

v have closed up 2day....
does a bear mkt end in a day if it is assumed 2 have started ystrday....?

....................................................................................................
mkt trend : -v
bullish abv : 18925 close

 

[yatishjain]

Warren Buffett's offer to reinsure $800 billion of municipal bonds
insured by bond insurers is a positive for the capital markets.

Bond insurers are at risk of losing their top credit ratings, and in
some cases already have. Downgrades may force investors in insured
bonds to sell their securities, forcing bond prices lower and lifting
borrowing costs for cities and consumers.

Reinsurance for the municipal bonds could prevent forced sales, which
would be positive for the markets

Happy Investing

 

[sudoku1]

ADLABS.....WHATS UP ON THIS COUNTER 2DAY?????
learned from co insides that its likely 2 acquire distribution rights for the upcoming mega budget film 'JODHA AKBAR' from UTV...the co- producer of this film for AROUND 90 CRS.....
the film is said 2 b completed with a budget of around 40/45 crs.....
UTV on a pile of cash !!!!!!!!!!
...........................................................................................................................................................

& now its gonna create a history in bollywood with 1500 prints release...........!!!!

 

[MiLiNDOnline]

Good and informative post.


Thanks.

RNRL........

A $ 5 Bn Market Cap, but where's the business?

-RNRL does accept the GSMA's as the terms are not in its favour or not as per the family agreements made.

-There are no projects that have been set up by RNRL which can offtake the RIL gas, which is expected to begin flowing from July-August 2008.

-Even if such GSMA's get concluded at the instance of the Bombay HC and amicably in favour of RNRL, Reliance Natural Resources had intended to use the gas to fire up the Dadri Gas based Power Plant.

-The Dadri Power Plant is no where near take-off/completion but RNRL is liable to pay for atleast 14 MMSCMD of Gas produced by RIL, and due to RNRL, on a "take" or "pay" committment.

So what is the $ 5 bn market cap of RNRL for? A company with no business on ground and no GSMA in place...........?

........................................................................................................
Do not seek to have events happen as you want them to, but instead want them to happen as they do happen, and your life will go well....
........................................................................................................
MKT TREND : -V
BULLISH ABV : 18925 CLOSE

Global rally boost likely..............

European markets shot up last night, while the US indices were mixed with the Dow up and the NASDAQ unchanged. Asian markets are strong this morning, and the global short-term trend has turned up. This should lead to gains in our market today.

 

[sudoku1]

....................................................................................................

THE OUTBREAK of BIRD FLU in india may have implications on the stocks of VENKYS & SKM EGG PRODUCTS........invstrs , b cautious on this counters....


.........................................................................................................

with the WB govt considering 2 lift the poultry ban , the counters of VENKYS & SKM EGG PRODUCTS may again....chirp , chirp.....

 

[judemit]

Very informative and easy to read/understand article. Suoku1, appriciated

RNRL........

A $ 5 Bn Market Cap, but where's the business?

-RNRL does accept the GSMA's as the terms are not in its favour or not as per the family agreements made.

-There are no projects that have been set up by RNRL which can offtake the RIL gas, which is expected to begin flowing from July-August 2008.

-Even if such GSMA's get concluded at the instance of the Bombay HC and amicably in favour of RNRL, Reliance Natural Resources had intended to use the gas to fire up the Dadri Gas based Power Plant.

-The Dadri Power Plant is no where near take-off/completion but RNRL is liable to pay for atleast 14 MMSCMD of Gas produced by RIL, and due to RNRL, on a "take" or "pay" committment.

So what is the $ 5 bn market cap of RNRL for? A company with no business on ground and no GSMA in place...........?

........................................................................................................
Do not seek to have events happen as you want them to, but instead want them to happen as they do happen, and your life will go well....
........................................................................................................
MKT TREND : -V
BULLISH ABV : 18925 CLOSE

Global rally boost likely..............

European markets shot up last night, while the US indices were mixed with the Dow up and the NASDAQ unchanged. Asian markets are strong this morning, and the global short-term trend has turned up. This should lead to gains in our market today.

 

[sudoku1]

street walkers bring in that now even MF holders r starting 2 Q for redemptions & they fear if, the mks tank further....the Q will take a serpentine size & may follow downgrades for brokerage stocks.....
.....................................................................................................
rumours doing rounds r that the recently listed MOTILAL OSWAL is having hard times due 2 the mayhem last fortnight.....
its running house in house 2 find the default traders who r not coughing up the dues.....
...................................................................................................
mkt trend : -v
bullish abv : 18925 close