Congrats Shobhit ! You win the retro TAP GAP 2016 hamper for Lakshmi Energy & Foods

Sadly TAP GAP 2017 cannot be announced  for now as SEBI has proposed a blanket ban on such competitions.More on this at the end of this post

But First the Good News for Shobhit who contributed MIC,Subex and Lakhsmi Overseas in TAP GAP 2016.MIC lost one fourth value in 2016 while Subex is down 6.5% after promising starts

But Hey Shobhit ,your Lakshmi Overseas,now named Lakshmi Energy & Foods Ltd,came from behind in the second half of 2016 and recorded the highest gains from all the 101 entries in TAP GAP 2016 pipping Vishal Kejriwal’s Kisan Moulding to second spot .Your gauravblog hamper ,as promised ,will soon be on it’s way to you

Here’s the final performance in 2016 of all the 101 entries after adjusting for Bonus & Splits in 2016 in several scrips.If I’ve left out some adjustment do let me know.Kaveri Seeds,for which I had announced Pushkar as the winner,earlier in 2016 has gained @ 28%,even though it had  locked horns with the Government on Monsanto’s high royalties on their genetically modified cotton seeds

It’s been a near even split with 51 recording gains of which 9 more than doubled. 49 showed negative returns of which serious wealth destruction was seen in many notably Sanjivani Paranterals,Ricoh (suspended last month) & Trilogic Digital 

Scrips CMP

(Rs)

Intra 3/1/2017

Inv Price

(Rs)

Overall Gain

(Rs)

Overall %
LAKSHMIO 65.9 17.1 48.8 285.38
KISAN 72 21.3 50.7 238.03
APTECHT 173.9 61.5 112.4 182.76
STYLAMIND 458.15 188.2 269.95 143.44
UJAAS 49.9 21.3 28.6 134.27
DONEAR 64.85 28.9 35.95 124.39
BAMBINO (2) 263.7 127 273.4 107.64
ASALCBR 95 45.82 49.18 107.33
MRSS 152.9 76.3 76.6 100.39
ODYSSEY 77.95 41.05 36.9 89.89
JKPAPER 87 45.95 41.05 89.34
UDAICEMENT 21.35 11.51 9.84 85.49
KAMAHOLD 2,416.00 1,345.75 1,070.25 79.53
UFLEX 278 156.05 121.95 78.15
TIIL 368.35 212.8 155.55 73.1
INDIANACRY 17.6 10.54 7.06 66.98
VAKRANGEE 274.05 165.5 108.55 65.59
HERITGFOOD 871 526.5 344.5 65.43
VIRINCHI 71 44.9 26.1 58.13
CGCL 56.1 36.6 19.5 53.28
MCX 1,259.90 832.05 427.85 51.42
CAPF 573 381.55 191.45 50.18
FORCEMOT 3,940.05 2,658.00 1,282.05 48.23
IL&FSTRANS 113.2 80.05 33.15 41.41
VINATIORGA 595 421.2 173.8 41.26
DAAWAT 319.4 238.1 81.3 34.15
TRIGYN 106 81.4 24.6 30.22
ISFT 425 327.4 97.6 29.81
DECNGOLD (2) 46 35.5 21 29.58
AVANTI 492.9 383.5 109.4 28.53
KSCL 414.75 324.75 90 27.71
JCHAC 1,380.80 1,087.20 293.6 27.01
SSPDL 74 58.45 15.55 26.6
AMBIKCO* 1,031.60 816.25 215.35 26.38
ALICON 382 302.4 79.6 26.32
MANPASAND 556.85 448.5 108.35 24.16
MULTIBASE 283 228.3 54.7 23.96
GUJBOROS 87.6 70.85 16.75 23.64
LT 1,366.00 1,106.00 260 23.51
IVP 124 102.5 21.5 20.98
KWALITY 128.75 108.4 20.35 18.77
MFSL 558 476 82 17.23
JAGRAN 180.3 155.25 25.05 16.14
HANSUGAR 1.38 1.21 0.17 14.05
PINCON 65.15 57.2 7.95 13.9
SRIPIPES 270.5 239.2 31.3 13.09
FSL 38.6 35 3.6 10.29
ZYDUSWELL 869 800.45 68.55 8.56
NIRLON 187.55 177.4 10.15 5.72
KOTAKBANK 712.5 675.95 36.55 5.41
NCLIND 121 120 1 0.83
WATERBASE 84.45 84.25 0.2 0.24
BATLIBOI 23.7 24 -0.3 -1.25
BIOPAC 17.4 17.85 -0.45 -2.52
SANKHYAIN 36.7 37.9 -1.2 -3.17
MPSLTD 686.05 716 -29.95 -4.18
FCONSUMER 20.7 21.8 -1.1 -5.05
IONEXCHANG 294.2 311.6 -17.4 -5.58
UVBOARDS 20.65 21.9 -1.25 -5.71
SUBEX 9.63 10.3 -0.67 -6.5
REPCOHOME 560 606.15 -46.15 -7.61
TV18BRDCST 37.2 41.15 -3.95 -9.6
TIDEWATER 5,685.00 6,341.25 -656.25 -10.35
TARAJEWELS 38.8 43.65 -4.85 -11.11
LINCOPH 189.6 223.9 -34.3 -15.32
REVATHI 568.85 684.5 -115.65 -16.9
AUROPHARMA 671.1 814.75 -143.65 -17.63
RPOWER 42.05 51.05 -9 -17.63
ZENTEC 77.5 94.8 -17.3 -18.25
ARROWTEX 40.3 49.5 -9.2 -18.59
ROSSELLIND 94.55 116.8 -22.25 -19.05
SURANASOL 22.5 27.8 -5.3 -19.06
BUTTERFLY 190.95 241.1 -50.15 -20.8
COFFEEDAY 198.6 254.3 -55.7 -21.9
MOREPENLAB 21.6 28.2 -6.6 -23.4
MIC 15.49 20.45 -4.96 -24.25
SUNLOC 83.95 112.8 -28.85 -25.58
BINNY 74.95 101 -26.05 -25.79
ARROWGREEN 500 683.75 -183.75 -26.87
BIOFILCHEM 8.3 11.35 -3.05 -26.87
TANAA 44.85 62.45 -17.6 -28.18
KITEX 410 583.2 -173.2 -29.7
KAYA 725 1,041.75 -316.75 -30.41
HFCL 13.21 19.1 -5.89 -30.84
RTNPOWER 7.1 10.57 -3.47 -32.83
REIAGROLTD 0.44 0.66 -0.22 -33.33
ABFRL 141 212.2 -71.2 -33.55
NATCAPSUQ 85.5 133.2 -47.7 -35.81
LITL 3.81 6.25 -2.44 -39.04
MELSTAR 4.95 8.14 -3.19 -39.19
INOXWIND 187.5 317.7 -130.2 -40.98
ESTER 38.5 65.25 -26.75 -41
SYNCOM 6.29 10.72 -4.43 -41.32
JSHL 9.1 15.99 -6.89 -43.09
BHILSPIN 7.7 14.6 -6.9 -47.26
SKMEGGPROD 51.4 150 -98.6 -48.6
BHANDHOS 2.01 4.77 -2.76 -57.86
RADIXIND 75 205 -130 -63.41
SANJIVIN 16.25 57 -40.75 -71.49
RICOHQ 193.45 693 -499.55 -72.09
TRILOGIC 5 27.4 -22.4 -81.75

SEBI’s new Investment Adviser Guidelines consultation/amendment note of October 7,2016 Clause 4.6.3 a) proposes that “No person shall organize or offer any scheme/competition/game/ league on securities or related to securities market”….this is sadly a blanket ban ,yet understandable as was aimed at Trading Leagues that were a win win for those conducting them & in my view encouraged over trading .

TAP GAP never solicited business or monies to participate & in fact winner/s I picked from all entries ,received my blog hamper in appreciation.It was launched years ago in an endeavour to further Investor Education,Awareness & Protection through Fundamental Analysis & Valuation Basis .In my view it has been serving this fundamental purpose quite well indeed as evidenced from rising popularity.I intend to have a dialogue with SEBI on this and get their green signal to continue with this

Many Thanks to all of you,who have participated wholeheartedly and with great enthusiasm in TAP GAP Posers in the years before & I do hope I can continue this with SEBI’s concurrence

Well done Shobhit,the Brilliant Aroma of Lakshmi Enery & Foods Ltd’s Basmati Rice served you very well ,despite the controversy the company’s group companies are embroiled in ,in the NSEL Scam !  🙂  

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A Dose of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala on Future of Equity Market

Methinks every Indian Equity Investor needs a dose of Rakesh Jhunjhunwala (RJ) every few years! ~ any sooner it could be an Overdose !  😆 ~ just kidding !

I like the guy ! ~ right since I interacted with him when I invited him around 15 years ago at the turn of this century for interacting in an evening  Q & A session with my packed class of @ 90 participants in my Equity Portfolio Structuring and Stock Analysis Workshop at the BSE Training Institute as I thought he would add practical value & he did

“Boss ! I’m a Sadak Chaap ! ”  he had told us then as also how he had reconstructed his equity portfolio to concentrate only in a few stocks after the 2000 ICE debacle…so in a sense most of his Wealth has grown only in this Millennium in the past 15 years ~ and to his credit in Selections that were not really Blue Chip or Core

Yesterday had gone for an  IMC interactive meet in Mumbai to check out if RJ has sobered & matured in his ‘manner of speak’ over the years ~ I rarely watch Stock Channels ~ don’t even have a TV in office~  so was not really conversant with how & what he delivered in his appearances though knew of his initiating big stakes in companies

I am delighted to blog he has not changed ! ~ shot straight from the hip & mouth again as he always does ” I’m a satodia(translated to mean speculator)  & investor & not an economist” ~ his investment portfolio has spread into the Alternatives of  Bollywood Movie Production too with Kareena & Arjun starrer ‘Ki & Ka’ being his latest co production~ is into horse racing too and owns a few horses ~ passions perhaps where return on investments need not be measured in monies !?

Many perceive him as Dehati or Crude Dude for his rustic loud boorish way of speech~ but don’t let it fool you ! & he does not make any pretenses ~ he’s a CA by training & wears a fairly sharp mind

Money Talks & Crowd Laps it up all !~ many vigorously & ‘knowledgeably’ nodding in agreement

These RJ’s views & responses to questions posed should interest you :

On The Future of Equity Markets ~ Reiterates this is only the Trailer & we are going to witness a Mother of all Bull Runs.India is a thriving young Democracy with US $ 600 b in Savings every year.Equity Markets receive just US $ 50 b from this.This has to improve and it will ~ anyone ,any  doubt!?   

On Returns from Equity  ~ Ironically while his riches have been through multibagger 1000% + equity gains in concentrated high weightage stocks like Titan & Crisil he asserts that one should be happy with 18% CAGR gains and if it goes to 24% one should be really happy

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Congrats TAP GAP 2016 Winner Pushkar for Kaveri Seed @ Rs 325 !

Congrats TAP GAP 2016 Winner Pushkar for Kaveri Seeds @ Rs 325 !….In less than 2 months it’s already up to Rs 390 with promise of recovering lost ground

Phew ! it took me quite some time to go through 101 Companies as below that were submitted as below for TAP GAP 2016

Thanks to all of  you who send in 101 Company entries by January 15,2016 & for being patient till I declared  Pushkar as the winner today ! 

My single criteria was to assess that which company had fundamental strength to give a 100% return in a tough 2016 ….I also considered if there are vested interests in the scrips who control market trades & I have opted not to go for them….You guys have given me quite a few of these 🙂

I had finally filtered it to selecting from these Five

  1. Ambika Cotton
  2. Avanti Feeds
  3. Capital First
  4.  Nirlon
  5. Kaveri Seed
I have decided that one of Pushkar’s three Choices,Kaveri Seed deserves this years TAP GAP 2016 gauravblog hamper It’s already up 20% inside two months and we have 10 months to go in 2016 & I’m quite sure that many from the remaining  100 entries too will outperform & as always I promise to also reward the gauravblog hamper to  the one whose entry gains the highest % in 2016 as at closing December 31, 2016….unless it’s Pushkar again scoring on one of  his other two entries,Larsen & Toubro or Firstsource Solutions !  🙂 Kaveri Seed is a Debt Free  & Cash Rich ( Rs 345 crs at December 31,2015) dividend paying company  which has had a tough drop last year .In fact a year ago in March 2015 it was a strong Rs 1077 (52 Week High) and since then dropped to Rs 300 in January this year on the back of two consecutive poor Monsoon that lowered farm income & the Company had to write off more no cotton seed inventory ,largely maize.Q 2 FY 15 saw a bottomline loss of Rs 48 crs on account of this.Also Royalty Dispute with Monsanto remains an unresolved issue for the Industry A good Monsoon in 2016 will quickly push this Company back into Orbit….it already has got a push with Government Panel proposing a national uniform price for Bt Cotton for 2016 believed to be Rs 800 per 450 gms Bt Cotton packet,incl of trait or license fees of Rs 49.These fees are 74% less than prevailing.It is awaiting acceptance by  the Ministry of Agriculture.This should also help remove Royalty overhang.FY 15 Royalty was Rs 159 crs on Sales of Rs 1161 crs.In FY 16 for the nine months the Company has provided just Rs 37.53 crs as directed by State Governments while the actual liability as per agreement with Service Provide Monsanto is Rs 102.51 crs creating a shortfall of Rs 64.55 crs.The matter is pending in Court between National Seed Association of India & Monsanto which will first decide if Government of India indeed has a right to intervene in fixing MSP & Trait Value…If Government wins then Kaveri Seed is also entitled to get a refund of Rs 200 crs from Monsanto for excess Royalty paid till 2015.If  Monsanto triumps then Kaveri needs to pay out as of date just Rs 65 crs underprovided.It is Debt Free & has Cash Reserves of @ Rs 345 crs as on December 31,2015 ….but whoever wins it will yet be a win win for the Industry & Kaveri as there will be clarity on Pricing & Royalty….Problem is that Monsanto through it’s Indian JV with  Maharashtra based Mahyco,Mahyco Monsanto Biotech has threatened to hold back newer technologies & also re-evaluate it’s presence in India if the Government does not roll back the Plan to cut Bt Cotton Trait Value by 70%….In my view India is too big a Market for Monsanto to ignore & there will be a resolution to this issue    Another Development is a Forensic Audit ordered by SEBI in December 2015 to be conducted by CA Firm  Sarath & Associates based in Hyderabad Company has got a National Footprint with  Brand Loyalty in a high barrier industry   where it takes strong investment in R & D for seeds and a lead time of 7 to 8 years to commercial production .Q 1 April to June Quarter  in any FY is always the crucial quarter as Farmers buy seeds to sow just before Monsoon sets in.Q 1 FY 15 saw Sales of Rs 664 crs down from Rs 827 crs in Q 1 FY 14 & even lower than the Rs 736 crs in Q 1 in FY 13.FY 15 saw 8.4 m packets sold while FY 16 is expected to close under 6 m.FY 17 should see a 20% to 25% climb back. Market Cap is Rs 1158 crs at Rs 390 =>  @ One Year Sales…..Book at 31/12/2015 was @ Rs 133 on a Networth of @ Rs 920 crs Of course there is always the global resentment for increasing use of hybrid seed technology,especially Bt Cotton  & for the Monopoly of Monsanto in this and their dictating terms ….that is for another debate though Here is the List of all 101 Entries and how they have performed till date from your recommended price or  January 15,2016 closing taken if lower
Sr No. Scrip Name CMP (Rs) Inv. Price (Rs) % Change
1 Aditya Birla Fashion and Retail Ltd 150.4 212.2 -29
2 Alicon Castalloy Limited 267.1 302.4 -12
3 Ambika Cotton Mills Ltd 838.25 816.25 3
4 Aptech Ltd 56.8 61.5 -8
5 Arrow Coated Products Ltd 484 683.75 -29
6 Arrow Textiles Ltd 37.5 49.5 -24
7 Associated Alcohols and Breweries Ltd 176.3 183.3 -4
8 Aurobindo Pharma Ltd 701.5 814.75 -14
9 Avanti Feeds Ltd 402.5 383.5 5
10 Bambino Agro Industries Ltd (2) 97.95 127 -23
11 Batliboi Ltd 20.5 24 -15
12 Bhandari Hosiery Exports Ltd* 5.42 4.77 14
13 Bhilwara Spinners Ltd 14.25 14.6 -2
14 Binny Ltd 97 101 -4
15 Biofil Chemicals and Pharmaceuticals Ltd 6.42 11.35 -43
16 Biopac India Corporation Ltd 13.65 17.85 -24
17 Butterfly Gandhimathi Appliances Ltd 186.3 241.1 -23
18 Capital First Ltd 375.85 381.55 -1
19 Capri Global Capital Limited 143 183 -22
20 Coffee Day Enterprises Ltd 235.1 254.3 -8
21 LT FOODS LTD 200 238.1 -16
22 Deccan Gold Mines Ltd 35.15 35.5 -1
23 Donear Industries Ltd 24.9 28.9 -14
24 Ester Industries Ltd 45.35 65.25 -30
25 Future Consumer Enterprise Limited 21.4 21.8 -2
26 Force Motors Ltd 2628 2,658.00 -1
27 First Source Solutions Ltd 34.45 35 -2
28 Gujarat Borosil Ltd 76.8 70.85 8
29 Shree Hanuman Sugar & Industries Ltd 1.11 1.21 -8
30 Heritage Foods Limited 527 526.5
31 Himachal Futuristic Communications Ltd 17.7 19.1 -7
32 Hitachi Home and Life Solutions (India) Ltd 1165 1,087.20 7
33 IL&FS Transportation Networks Ltd 73.45 80.05 -8
34 Indian Acrylics Ltd 11.76 10.54 12
35 Inox Wind Ltd 292.6 317.7 -8
36 Ion Exchange India Ltd 283 377.7 -25
37 Intrasoft Technologies Ltd 322.1 327.4 -2
38 IVP 88 102.5 -14
39 Jagran Prakashan Ltd 155.65 155.25 0
40 JK Paper Ltd 42.95 45.95 -7
41 JLA Infraville Shoppers Ltd 11.58 15.99 -28
42 Kama Holdings 1250 1,345.75 -7
43 Kaya Ltd 866 1,041.75 -17
44 Kisan Mouldings Ltd 19.45 21.3 -9
45 Kitex Garments Ltd 412.7 583.2 -29
46 Kotak Mahindra Bank Ltd 667.35 675.95 -1
47 Kaveri Seed Company Ltd 390.15 324.75 20
48 Kwality Ltd 102.45 108.4 -5
49 Lakshmi Overseas Industries Ltd 15 17.1 -12
50 Lincoln Pharmaceuticals Lyd 163.5 223.9 -27
51 Lanco Infratech Ltd 5.44 6.25 -13
52 Larsen and Toubro Ltd 1193.75 1,106.00 8
53 Manpasand Beverages Ltd 436 448.5 -3
54 Max Financial Services Ltd 320.5 476 -33
55 MCX Ltd 840.05 832.05 1
56 Melstar Information Technologies Ltd 6.27 8.14 -23
57 MIC Electronics Ltd 19.65 20.45 -4
58 Morepen Laboratories Ltd 27.75 28.2 -2
59 MPS Ltd 665 716 -7
60 Majestic Research Services and Solutions Ltd 65.5 76.3 -14
61 Multibase India Ltd 203 228.3 -11
62 Natural Capsules Ltd 92 133.2 -31
63 NCL Industries Ltd 96.2 120 -20
64 Nirlon Ltd 192 177.4 8
65 Odyssey Technologies Ltd 29.5 41.05 -28
66 Pincon Spirit Ltd 127.8 114.4 12
67 Radix Industries (India) Ltd 152 205 -26
68 Rei Agro Ltd 0.53 0.66 -20
69 Repco Home Finance Ltd 587.9 606.15 -3
70 Revathi Equipment Ltd 560 684.5 -18
71 Ricoh India Ltd 598.25 693 -14
72 Rossell India Ltd 95 116.8 -19
73 Reliance Power Ltd 46.7 51.05 -9
74 Rattan India Power Ltd 10.35 10.57 -2
75 Sanjivani Paranteral Ltd 33 57 -42
76 Sankhya Infotech Ltd 26.25 37.9 -31
77 SKM Egg Products Ltd 113.85 150 -24
78 Srikalahasthi Pipes Limited 214.1 239.2 -10
79 SSPDL Ltd 48.55 58.45 -17
80 Stylam Industries Ltd 169.8 188.2 -10
81 Subex Ltd 9.38 10.3 -9
82 Sunil Healthcare Ltd 96.3 112.8 -15
83 Surana Solar Ltd 24 27.8 -14
84 Syncom Healthcare Ltd 6.25 10.72 -42
85 Taneja Aerospace & Aviation Ltd 56.8 62.45 -9
86 Tara Jewels Ltd 46.3 43.65 6
87 Tide Water Oil (India) Ltd 25099 25,365 -1
88 Technocraft Industries (India) Ltd 199 212.8 -6
89 Trigyn Technologies Ltd 63 81.4 -23
90 Trilogic Digital Media Ltd 16.75 27.4 -39
91 TV18 Broadcast Ltd 38.8 41.15 -6
92 Udaipur Cement Works Ltd 9.86 11.51 -14
93 Uflex Ltd 149.4 156.05 -4
94 Ujaas Energy Ltd 23.95 21.3 12
95 UV Boards Ltd 11.46 21.9 -48
96 Vakranjee 224.75 165.5 36
97 Vinati Organis 394.7 421.2 -6
98 Virinchi Ltd 36.75 44.9 -18
99 Waterbase Ltd 77.65 84.25 -8
100 Zen Technologies 70.1 94.8 -26
101 Zydus Wellness Ltd 700.75 800.45 -12
*Adjusted for stock split

Once again  ~ Well Done Pushkar  for Kaveri Seed ! ~ I’ve gone with this !

 Your gauravblog hamper will soon be on it’s way to you

Cheers !

Disclaimer : Don’t have any direct or indirect interest or holding in Kaveri Seed as of date 

Super ! 23 Participants with 40 Stock Selections for 2015 in the TAP GAP Poser

Super ! 23 Participants with 40 Stock Selections for 2015 in the TAP GAP Poser

TAP GAP Poser End 2014 ~Which Indian Company Will Be A Big Share Price Winner In 2015?
December 15th, 2014

I shall shortly pick a gauravblog hamper Winner or maybe two where I see maximum gain potential in 2015 from the following

Participant wise

Sr No

Participant

Recommendation

Date of Recommendation

Price in Rs when recommended

1

Sumit Khanna

Subros

15.12.2014

67.85

PTC India Financial Services Ltd

17.12.2014

56.4

2

Jigam Gandhi

Wendt India

15.12.2014

2000

3

Sandeep Gahandule

Nathbiogene

16.12.2014

130.55

Prima Plastic

17.12.2014

56

JM Financial

18.12.2014

47.6

4

Bhaskar

IPCA Labs

16.12.2014

723.55

5

Nitin

Ajanta Pharma

16.12.2014

2528.65

Atul Auto

16.12.2014

601

6

Anand

Raj Rayon

17.12.2014

0.66

Jubilant Life Sciences

30.12.2014

119.95

7

Prasad

Nbcc

18.12.2014

792.05

Capital First

30.12.2014

353.4

TV Today

30.12.2014

215.2

8

Rohit

 Adani Enterprises

20.12.2014

452.05

9

Prasad Shetty

Multibase

21.12.2014

227.9

10

Kushal Shah

MCX

22.12.2014

838.95

Jet Airways

22.12.2014

389.7

11

Rajan

Motherson Sumi Systems

22.12.2014

440.2

12

Hemant

NETWORK 18

22.12.2014

66

Intellect Design

22.12.2014

75.6

Pipavav Defence

22.12.2014

39.75

13

Raj

Odyssey Technologies

22.12.2014

33.65

14

Shiva

Granules India

23.12.2014

777

Mayur Uniquoters

23.12.2014

415.4

SpiceJet

23.12.2014

19.3

15

Abhay Tewari

Suzlon Energy

23.12.2014

13.45

16

Pushkar Prasad

Freshtrop Fruits

24.12.2014

115.9

17

Dhiren

Tata Sponge

26.12.2014

680

18

N Sri

Deccan Gold Mine

28.12.2014

42.95

19

Sameer

Spicejet

30.12.2014

17.95

Deccan Gold Mine

30.12.2014

44

Muthoot Capital Services

30.12.2014

207.15

20

Shahzad V

Engineers India Ltd

31.12.2014

229.75

AkzoNobel

31.12.2014

1384.1

Aries Agro

31.12.2014

117.4

21

Kiran

Vidhi Dyestuffs

31.12.2014

17.16

22

Vishal Kejriwal

CCL Products

1.1.2015

170.95

Oriental Carbon Chemical Ltd

1.1.2015

361.55

Hinduja Global Solutions Ltd

1.1.2015

631.75

23

Rudra Tandan

Ram Ratna Wires

2.1.2015

48

Foseco

2.1.2015

1227.55

Alphabetical Scripwise

Sr No. Scrip Recommended for 2015 Price in Rs when recommended Participant
1 Adani Enterprise 452.05 Rohit
2 Ajanta Pharma 2528.65 Nitin
3 Akzo Nobel 1384.1 Shahzad V
4 Aries Agro 117.4 Shahzad V
5 Atul Auto 601 Nitin
6 CCL Products 170.95 Vishal Kejriwal
7 Capital First 353.4 Prasad
8 Deccan Gold 42.95 N Sri
9 Deccan Gold 44 Sameer
10 Engineers Ind 229.75 Shahzad V
11 Foseco India 1227.55 Rudra Tandan
12 Freshtrop Fruit 115.9 Pushkar Prasad
13 Granules India 777 Shiva
14 Hinduja Global 631.75 Vishal Kejriwal
15 Intellect Design Arena 75.6 Hemant
16 Ipca Labs 723.55 Bhaskar
17 JM Financial 47.6 Sandeep Gahandule
18 Jet Airways 389.7 Kushal Shah
19 Jubilant Life 119.95 Anand
20 MCX India 838.95 Kushal Shah
21 Mayur Uniquoter 415.4 Shiva
22 Motherson Sumi 440.2 Rajan
23 Multibase India 227.9 Prasad Shetty
24 Muthoot Cap 207.15 Sameer
25 NBCC 792.05 Prasad
26 Nath Bio-Genes 130.55 Sandeep Gahandule
27 Network 18 66 Hemant
28 Odyssey Technologies 33.65 Raj
29 Oriental Carbon 361.55 Vishal Kejriwal
30 PTC India Financial Services 56.4 Sumit Khanna
31 Pipavav Defence 39.75 Hemant
32 Prima Plastics 56 Sandeep Gahandule
33 Raj Rayon Ind 0.66 Anand
34 Ram Ratna Wires 48 Rudra Tandan
35 SpiceJet 17.95 Sameer
36 SpiceJet 19.3 Shiva
37 Subros 67.85 Sumit Khanna
38 Suzlon Energy 13.45 Abhay Tewari
39 TV TodayNetwork 215.2 Prasad
40 Tata Sponge 680 Dhiren
41 Vidhi Dyestuffs 17.16 Kiran
42 Wendt 2000 Jigam Gandhi

Note :

  1. Sandeep Gahandule who just won the hamper for Alphageo’s spectacular 720% run in 2014 has contributed three selections for 2015 this time too
  2. Anand,who ran neck to neck with Sandeep till November 2014,when his low priced Rs 7 YBrant  was up against Alphageo has yet again given one really low priced selection Raj Rayon of just 66 paise !
  3. Deccan Gold & Spicejet occur twice as they constitute selections from two different participants
  4. Prices at which Recommended have either been provided by the Participant when making the Reco and reflect the current market price at the time or where they have not stated the price,the last price when they made the reco has been sourced from the BSE & NSE
  5. Most have not given targets for 2015 Selections but the four selections that have been given targets and all are  over 100% + except one,are as follows : Freshtop Fruits Rs 250,PTC India Financial Services Rs 90,Subros Rs 150 and Tata Sponge Rs 1500+
  6. Adani Group finds representation but none from the Ambani Groups ~ perhaps realisation that Reliance Ind has been a losing 5 year Investment thus far and ADAG Companies have struggled
  7. Tata Sponge is the lone entry from the Tata Group.
  8. Media and Aviation have two each in Network 18 and TV Today and Jet Airways & Spicejet respectively
  9. Pharma & Auto Ancilliaries & NBFCs &  IT  & Speciality & Commodity Chemical Sectors are well represented
  10. Can see a few potential turnaround selections as well as a few that have already run up huge in 2014
  11. Tea & Coffee Beverages & Renewable Energy & Defence are represented but none from direct Power,Telecom or Real Estate or Retail
  12. No Bank & no Oil & Gas Major  & No visible Large Cap ! but Three Selections are also traded in the Derivatives Segment,namely,Adani Enterprise,Engineers India & Motherson Sumi

Going to be an interesting few days filtering all the above

Monsanto to pay US $ 93 m for poisoning US Town Nitro with dioxin a chemical byproduct of the toxic Herbicide Agent Orange

Monsanto to pay US $ 93 m for poisoning US Town Nitro with dioxin a chemical byproduct of the  toxic Herbicide Agent Orange 

Residents of this West Virginia Town have a right to file individual suits against Monsanto if medical tests show they suffered physical harm due to dioxin exposure.

Monsanto is under seige too for using Glyphosate…. another deadly toxin used in Monsanto herbicides such as RoundUp

India needs to be aware of these developments as Monsanto is very active in India and this giant biotech company is right up there in genetically modified production of crops….Bt Cotton and Brinjal for instance……and there is a raging debate in India to go ahead full fledge on this

Monsanto India is a listed company at Rs 2000 with a Market Cap over Rs 3400 crs…FY 14 saw Sales of Rs 582 crs and Profit of Rs 123 crs with an EPS of Rs 71…Equity is low at Rs 17.26 crs (FV Rs 10) with two Monsanto Companies holding an aggregate of 72.14% of the Equity ….Reserves are Rs 327 crs and Book Value is Rs 200….PE works out to 28 and PBV to 10….It’s a Zero Debt Company and paid 30% Final Dividend and a 120% Interim Dividend

Monsanto Controversial Chronology is briefly documented here

Two Interesting Names come up on the Board of Directors of Monsanto India:

R C Khanna ~ As on June 30,2014 held 389976 Equity Shares  or 2.26% Equity Stake => worth Rs 80 crs today

He is the Non-Executive Director. ~A Cost & Chartered Accountant from England & Wales ~he retired as the Senior Partner of M/s. A.F. Ferguson & Co., Chartered Accountants, in 1989 (Merged into Deloitte ). He joined the Board of MIL in 1975.

Pradeep Poddar

He is the Non-Executive Independent Director ~ A Chemical Engineer from UDCT, Mumbai and an MBA from IIM, Ahmedabad ~  served as part of the top-management at Glaxo, Heinz and the Tata Group. He is presently the Managing Director of Mount Everest Mineral Water Limited, a Tata Enterprise and is leading the Tatas’ foray into water and functional beverages globally. He represents the Tatas’ interest on the Boards of Nourishco, the Joint Venture Company with Pepsico and the Rising Beverage Company (Activate Beverages) in USA. He is also a trustee on the Board of United Way, Mumbai. He joined the MIL Board in January 2006.

There were 15770 Shareholders at June 30,2014 including the Two Promoter Monsanto Holding Companies

Wonder why the controversial Monsanto remains Listed and thus more in the Public Eye !

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Union Budget 2014 ~ Will Sensex continue to Humour as Jaitley does not!

Have a look at our first impression posted  after our FM ‘s Union Budget Address and during market hours

Union Budget 2014 ~ Will Sensex continue to Humour as Jaitley does not!

Think he missed a great opportunity to provide us with the ‘Naya Soch’ of the new NDA Government

His Speech stated quite a few challenges and objectives like tackling Black Monies,raising Tax to GDP ratio,lowering Inflation and Fiscal Deficit % but stopped short of spelling out the specifics of solving these

Having just 45 days after NDA was elected he has opted for the easier option of simply following the UPA budget process and numbers too that the UPA FM Mr Chidambaram laid out in his Interim Budget in February 2014….whether it be Disinvestment or Tax Receipts or Fiscal Deficit Control Targets…made right noises but was tokenism in a few areas like social expenditure…thankfully nothing really adverse or anti poor though direct tax incentives are not really cause for any celebration

Sensex had quite a roller coaster ride today as to be expected….opening stable & pre budget speech at 25514 in the morning then sliding before noon over 300 points to 25117 from yesterday closing of 25445 during the budget speech before strongly racing away by over 700 points to 25920 …over 400 points previous day closing post budget speech only to reverse all the gains and close at 25373,down 72 points  from previous day closing

Will the Sensex continue to Humor us in the near term despite not an iota of Humor in the FM’s Speech !? …sense is that any correction will be a hiccup on the onward march towards 30000 on the back of increased FII Net Infows & Big Corporate Infra spending  

I see some clear big winners in the Infrastructure Space across the Board from Shipping to Power to SEZs to Real Estate to Highway Road Construction Companies and Pipeline Companies