VIEW ON MUTHOOT CAPITAL UCO BANK ALOK INDUSTRIES

I am reading ur blog regularly, ur advices are really worth hearing, I have been following it like not to buy a share when it has reached its high price and to buy stocks with greater face values. You are really doing a good job. Please do continue it.
I want to know whether it is worth investing in Alok Industries shares, Muthoot Capital Services Ltd and UCO Bank for long term investment.
Please do advice me.
Thank You sir.
Aravind CH.

Muthoot capital ltd is traded near it year high and on 5% upper circuit an you know I always avoid share near it year high. promoter holding in muthoot capital is 74.98 percent but year low of this share 45 only so I think price is very high and this time is not right for buying muthoot capital ltd
Uco bank also traded near year high 80 fair value of UCO bank is below 50 it declare dividend only 1.50 but vijya bank traded at 61 declare dividend 3 per share so wait for next CRR hike I think when next CRR hike done by government bubble of banking and AUTO blast badly so in my view waiting for next CRR HIKE. Then buy UCO bank below 50.
For alok industries read my former article on
http://sharegenius.blogspot.com/2009/12/alok-industries-value-buying.html

VIEW ON SHREE ASTAVINAYAK KAASHYAP TECHNO FCS SOFTWARE

dear kaushik sir,
sir i want to in invest in share market near about ***** to buy shreeastha vinayak and fcssoft and kaashayap stock please tell me about this stock we can carry this 6 month plz advise me sir
thanks
ask by sajid seyad

Sajid sir
Read shree astvinayak in following link
http://sharegenius.blogspot.com/2010/02/ex-bonus-story-of-shree-ashtavinayaka.html
For FCS soft read
http://sharegenius.blogspot.com/2009/10/fcs-software-solution-is-fundamentally.html
I think you may not worry about FCS software it may run in near terms.
Kaashayap techno is a penny share it is a b group IT Company with 12 rupees face value.
Promoter holding in kaashyap techno is 0.89 percent but FII holding is 24.65 percent

The TAIB Securities Mauritius Ltd ("Acquirer") is hereby making an open offer pursuant to and in compliance with the provisions of Regulation 10 of the Regulations to acquire 13,14,54,982 equity shares of Re. 1/- each, representing 20% of the voting rights in the Target Company, from the equity shareholders of the Target Company, at a price of Re. 0.73 (Paise Seventy Three only) per equity share including interest of Re. 0.02 per equity share ("Offer Price") payable in cash subject to the terms and conditions mentioned in PA
Read following link for full detail of this open offer
http://www.bseindia.com/xml-data/corpfiling/AttachHis/Kaashyap_Technologies_Ltd_310310.pdf
I think you may hold kaashyap for some more periods.

VIEWS ON EMPOWER IND AND IDEA CELLULAR

Dear Mr. Mahesh, Please advice me, I want to invest ****** Rupees in the Share market. Actually I want to Buy Empower Indu. And Idea cellular, please tell me the future of this stock or is this the right time to buy? Waiting for your reply. Thanks & Regards, Pj matta
For empower industries read following link
http://sharegenius.blogspot.com/2010/03/empower-industries-india-ltdoperators.html
I think it is not good to buy in empower industries
Idea is good my personal target for idea in 2 year is 160+ so make a SIP of 2 year in idea get you decent return it is not an advice read disclaimer. Read my former article on telecom space in following link
http://sharegenius.blogspot.com/2010/04/is-bharti-airtel-is-my-best-pick-or-not.html

DIFFERENCE BETWEEN T OR B GROUP SHARE

Hi Kaushik
what is the difference between T and B group shares? Which one is better to buy? - Anonymous

T group share:-Only delivery-based transactions are allowed in the ‘T’ group; traders can not take intra-day positions. Also ban on F&O position .This preventive action on the part of the exchange to reduce risk arising from excess speculation. If the activity in a stock dies down after its inclusion in the ‘T’ group, it is a fair indicator that much of the interest till then had been speculative and not based on fundamentals.
B group share: - These are referred to as “Non cleaned securities” or “Non-specified shares”. For these groups facility of carrying forward is not available. But one could take F&O (F&O is not allowed in all B group) and intra day position.
Stock exchange shifted shares from one group to other group on basis of volume and liquidity and other criteria so it is not important to see that which one is better to buy.

AVOID: KILBURN ENGINEERING

Hi Mahesh,
One more stock has come into my radar, but need your expert opinion.
The stock is Kilburn Engineering.
Its the only company in the world to manufacture the all kind of dryers required for all sorts of industry.
Their web-site address is as following
http://www.kilburnengg.com/home.htm
Check out their amazing list of customers. I dont think any company has the customer list like them.
The points of worry are I think its not undervalued at current market price.
But my main concerns are that after the sale of land last year, still they have their shares pledged.
Also I went through their last yr.annual reports and bit confused about selling land at one place and buying at another nearby place.
Can you please throw some light on this stock?
Thanks.
With Regards,
Vikas


1. Kilburn enginiaring is a B group share with 10 rupees face value.
2. at 22 june 2009 price of this share is 18 only….in 2003 it is 0.85 only… so I think currant market price is very high for this share
3. promoter holding 57.15 percent in Kilburn enginiaring (normal)
4. read this forward looking statment of kilburn engineering
http://www.bseindia.com/xml-data/corpfiling/announcement/Kilburn_Engineering_Ltd_280510.pdf
5. book value of this share is 76.16
6.if you read company statement in point 4 , I think this type of forward looking statement is try to manipulate the price.
7. Williamson magor and company is main promoter of Kilburn engineering and this promoter pledged his 69.46 percent holding.
8. So overall I think you may avoid this company.