Shiva Cements

[birjubanarasi]

Shiva Cement is a turn around story...from loss making company to profitable company.
Positives:
1. Book Value: 31.22
2. Price/Book Value: 0.32 (GREAT)
3. PE: 13
4. Share subscription and marketing alliance with the leader ACC.
5. Preferential allotment to ACC at rate of Rs. 11 ( premium of 9).
6. Preferential allotment to Bank of Baroda as well as IFCI.

It has started showing the movement and is in UC today(20%)...heard on the street that it is most likely to be taken up by another gaint.
Expectations are of the price of around 60/70 in an year.

PS: This is just info...take ur own call.

 

[Mayuresh]

Yes

i agree to this

but the tatget of 60-70 will not take 1 year
it will be reached by jan-feb

If anyone deos not agree, check out the volumes on this stock

 

[birjubanarasi]

Yes

i agree to this

but the tatget of 60-70 will not take 1 year
it will be reached by jan-feb

If anyone deos not agree, check out the volumes on this stock

Mayuresh...lol

Today Shiva Cem. is up by 10% again !!!

 

[birjubanarasi]

Shiva Cement in UC again...today's price @20.10.

Cheers !!!

 

[sharadkt]

I had booked profit at 13/14 level and was so happy to have made huge profits.

Now I wish had kept it just for couple of more months...

 

[Mayuresh]

Hi birju...

ACC has accuired this company.. I hope u know this

currently they have 14 % stake that took the price to 13-14 levels

Now the stock is going up again becoz ACC is to hike stake to 22 %

But it will not stop here

As per the SEBI norms in order to take over Shiva, ACC has to have 55% holding . This will be the next leg of movement expected to come in Dec end - Jan

Thats the reason it will be touching 60-70 reasons.
So there is no speculation at all, but the rally is purely driven by fundamental news

And dont ask for any links on this piece of info.. Its from within my sources in the BSE
If u think i am joking u r the loser

cheers

 

[birjubanarasi]

Hi birju...

ACC has accuired this company.. I hope u know this

currently they have 14 % stake that took the price to 13-14 levels

Now the stock is going up again becoz ACC is to hike stake to 22 %

But it will not stop here

As per the SEBI norms in order to take over Shiva, ACC has to have 55% holding . This will be the next leg of movement expected to come in Dec end - Jan

Thats the reason it will be touching 60-70 reasons.
So there is no speculation at all, but the rally is purely driven by fundamental news

And dont ask for any links on this piece of info.. Its from within my sources in the BSE
If u think i am joking u r the loser

cheers

Nice info with a bit of arrogance ...lol
It is always good to provide some proof, though I understand that it is not always possible.

Shiva Cement currently trading @21.5

 

[Marmara]

The stock is locked in UC Have I missed the bus ???

Thank you.

 

[Mayuresh]

Hey Marmara,

u can still buy at this levels.
U have not missed it. but buy soon

cheers

 

[Marmara]

Thanx Mayur, actually trading is not allowed in this scrip as of now, so I wanted to know for how long this would go on & when the scrip would be available for a trade.