June 30, 2009
Tussle in Tata Communication
Cmp 475 Buy with a stop loss of 450 for 532-550
June 29, 2009
Bartronics & National UID Project- Buy, Sell Or Hold ?
Weekly chart -Strong resistance at 188 & 199.
Only on confirmation of Order can move it to next resistance zone of 249.
Above 249 next targets should be 292-359-444.(Don't Dare to dream Big yet)
170 below either it will lose the race for getting handsome pie and can get support at 140.
Co closely associated with national ID proj: Bartronics
Watch Sudir Rao recent Comments on Project Click Here
Few things that makes Bartronics an failure for million $ baby.
1. First Generation Promoters.
2. Promoter Pledges shares.
3. Continuous rising debts.
4.Falling Promoter stake.
5.In spite of good sales i havent yet noticed their products in Market.
6.Fails to get any Employee ( Very Rare are ) on Social Network Sites like LinkedIn.Raises Questions. Is it next Satyam? (Satyam do have false employee list)
7.Since last three years i had not got annual report although i am shareholder.Any Explanation ?
What can make it million $ Bartronics.
1. Tie up with IT peer be it Infosys / TCS for bidding
2. Trading above 250 Rs.Only Big Fish can support it and they don't fall in love with anyone without any reason.
3.Should take Lessons from Infy.As my friend says "Expect the unexpected".
National ID project is a Big Dream Project for many (India /Nandan Nilekani/ Bartronics/Gemmni Communication).
Next 3 years can metamorphose Bartonics & India.
Lets see how the things unfold for Bartronics.
Disclosure- I hold Bartronics.Icould be Biased.
MosChip and IdealBT to offer NAS
Appliance Processor and System Software Solution
MosChip’s SoC Processors Combined with IdealBT’s System Software Based on Embedded Linux Offers Embedded
Designers a Complete Customizable NAS Solution That Expedites Designs and Time to Market
SANTA CLARA, Calif. – June 29, 2009 – MosChip Semiconductor Technology Ltd., a leading provider of high performance connectivity solutions for consumer, industrial and computing applications, today announced it has entered into a technology partnership with IdealBT Technology Corporation to bring to market a complete system solution for network attached storage (NAS) applications. MosChip’s System-on-a-Chip (SoC) devices cover a myriad of NAS design requirements while IdealBT’s embedded Linux-based software has been designed into
numerous functional, versatile, high-performance, and reliable NAS solutions.
MosChip’s family of SoC network appliance processors (NAP) for NAS includes the MCS8140, MCS8142 and MCS8144. They are based on an enhanced ARM9™ processor designed to deliver best in class performance with complete system solutions, including evaluation systems, support for Linux and Win CE operating systems, firmware and application level software to enable quick time to revenue. The offering enables immediate production, reduces design time and design investments while effectively controlling bill-of-materials costs. The devices are highly
integrated NAPs with Gigabit Ethernet, PCIe, USB, DDR-II memory interface and other key features supported.
With advanced CPU performance, support for compute intensive applications without compromising system performance is made possible. PCIe can be supported in single or dual mode for scalable performance. The devices can also provide a point-to-point link to each device on the system bus, low latency, and Quality of Service (QoS) to enable guaranteed bandwidth. Additional external WLAN and storage options are also supported through the USB
and PCIe interfaces. Gigabit Ethernet support comes with hardware acceleration enabling TCP/IP/UDP.
Segmentation off-load and IP Checksum off-load allows higher performance at optimal CPU load.
Combined with IdealBT’s system software based on embedded Linux, system designers will find MosChip’s devices ideal as a processor to enable system processing, networking connectivity, to support additional devices through USB, and to support display-based devices. IdealBT’s system software provides basic NAS functions, advanced services and tools. Basic functionalities include LAN and system support; user and folder management; and multilanguage support. Services supported include: FTP, Samba support; BT; UPnP AV; iTunes®, backups; and printer
functions. Tools offered will include: restart, HDD formatting; firmware upgrades; configuration saves; factory default settings; login settings; email sending; and a system log. There is also the ability for UI and functions customizations,mass production tools and NAS discovery tools. MosChip and IdealBT’s combined solutions are aimed at supporting
MosChip’s MCS8142 and MCS8144 devices.
“Our embedded Linux platforms are ideal for a wide range of NAS solutions and provide advanced system software capabilities to expedite time to market,” commented William Chiu, CEO for IdealBT Technology Corp. “Our partnership with MosChip will help embedded NAS designers in their efforts to reduce design time and costs while still bringing to market the strong NAS solutions demanded by end customers.”
“Today’s embedded designers are looking for more than just a device that can do NAS functions,” added Vamshi Kandalla, VP of Marketing for MosChip Semiconductor. “It is important to also offer the option of providing a complete embedded solution. In this way, time to market and revenue can be expedited. Our partnership with IdealBT is centered on this theme for a variety of Linux-based high performance NAS solutions.”
Availability Complete solutions using the combination of MosChip’s family of NAS network appliance processers and IdealBT’s system software solutions are available immediately worldwide. Interested parties can learn more about MosChip’s MosChip & IdealBT Partner on NAS Solution 2-2-2-2 MCS8142 / MCS8144 devices at: http://www.moschip.com/nap.php and can also learn more about IdealBT’s software solutions
at: http://www.idealbt.com/products.html.
About MosChip Semiconductor Technology Ltd.
MosChip Semiconductor Technology Limited, a fabless semiconductor company, was founded in 1999 with headquarters and a design center in Hyderabad, India. The operations, sales and marketing activities are conducted via its wholly owned subsidiary, MosChip Semiconductor Technology, USA. The company has several products that include USB, PCI and PCIe connectivity; network appliance processors and co-processors; and audio-video content processors. For more information about MosChip, please visit www.moschip.com.
About IdealBT Technology Corporation
Founded in 2007, IdealBT is an experienced software partner developing network applications over the embedded Linux platform. The company provides reliable software solutions according to customers’ requirements, and helps them produce innovative Internet appliance products in a short period of time. With a strong and experienced development team, IdealBT has developed functional, versatile, high-performance, and reliable NAS solutions on various hardware platforms. For more information visit http://idealbt.com.
COMPANY CONTACT: MEDIA / ANALYST CONTACT:
Vamshi Kandalla Rafael Larin
MosChip Emissary Communications
vkandalla@moschip.com rafael@emissarypr.com
408.737.7141, ext 114 818.541.9595
Source: Moschip
Marketwire
June 27, 2009
Important for Investors
->Buy businesses, not stocks.
->Watch business growth, not rise in stock prices.
->The stock market is a serious long-term business, not a make-money-overnight casino.
->Don't be fooled by others' so-called success stories.
->Time in the market is more important than timing the market.
->Businesses take time to set up, acquire customers and generate profits.
->Buy good business and good management, give it time to prosper.
P.S - I have met few (Really few) Investors who follows them.Young Investors have lot to learn from them.
June 26, 2009
June 18, 2009
Hold Godrej Indus
June 17, 2009
ICICI bank - Conflict in Buyers and Sellers
(Bounded top & bottom)774-747-712-658.
Rectangle represent picture of Conflict between two groups of approx equal strength.One group of owner who wants to dispose of their shares at a certain price and other who wishes to accumulate the stock at certain lower level.
June 15, 2009
June 14, 2009
Buy Satyam
Tech M could feel the heat to acquire the controlling stake from public.Their could be revision in offer price.
June 12, 2009
June 11, 2009
Koutans - Nobody Intrested in it
Not every costly thing is Worth.Keep avoiding it.
June 08, 2009
IOLN- Broadband
Buy with stop loss of 48.5 for target 67-80.
June 05, 2009
June 04, 2009
June 03, 2009
S Kumars Nationwide
Anil Chana, Deputy Managing Director,
Q: Does this mean that the deal is going through because the bids will be open by about June 23? Are you expecting any more counterbids, I believe your bid is about USD 120 million, if there is a further bid of more than what you have bid, would you go ahead and match that?
A: I would like to correct that the bid is not at USD 120 million, when the court decides the selection of a stalking horse, there are several considerations and not only economic considerations. Thus based on all that, the court has awarded us the stalking horse bidder, the auction process would be on the June 25 and yes there could be some other bidders coming in and its very hard say that right now.
Q: Even if its not USD 120 million, if there was a bid for say USD 130-140 million, would you go ahead and match that?
A: No, we will not.
Q: There were some reports that lenders were opposing your joint bid for Hartmarx, any truth in that?
A: They were but now we finally have had a settlement with them and that’s how now we were backed up by them also for the stalking horse.
The company was proposing our name, but the creditors were not in sync with that. However, over the weekend we had a chat with them—we have explained one package to them and now they are also in sync with us.
Q: So what is the next we hear and by when we will hear the next sizable news on this deal?
A: The court auction will be on June 25, so whosoever would be the successful bidder will be getting a sales order on June 26. After that, there is a ten-day period for people to file in objection. Thus, some time in the first week of July, the closing can happen.
Q: What is the exact bid size that you have put forward, any ballpark figure?
A: That’s a little confidential right now as it’s not a public document as of now.
Source : Moneycontrol.com
Asian Hotels to restructure into 3 companies
He further said the hotel industry was fighting for the infrastructure status for the last two decades. "I hope the government listens because the hotels are a part of the infrastructure," he said.
Q: Before we talk about the recovery in your sector perhaps you could tell us what kind of corporate restructuring you are planning. There is some talk that the three promoters want to carve up the properties between each other and therefore it may involve some delisting and re-listing – are those reports true?
A: Yes that is right. The company is under going through a reconstruction and demerger process. I think which is expected to be completed by October. So it will be three hotels, three entities.
Q: Could you just give us a little bit more by way of detail, ofcourse you cannot give us ratios but what are the broad contours of this restructuring, which three, what properties will lay in each of the three properties?
A:
Q: What is the time line now between when you de-list and will all three companies re-list?
A: Yes. The process is likely to be completed by end October and then in November the re-listing will start and new listing for the two entities which will be Mumbai and Kolkatta. The rest will be again listed back.
Q: Can you confirm what kind of cash on books Asian Hotels has at this point and how that will be split up between the three entities?
A: Can’t be. The scheme is already on the domain of the stock exchange, it is there. So I do not think there is need to give any additional information on that.
Q: So the listed Asian Hotel’s today will have only the
A: Yes. I am sure they also have their plans to develop more properties. I am just telling you the current situation. I think all the three groups should do well and with more investments, more diversification. I think it is a win-win situation as far as the shareholders are concerned and all the promoters.
Q: Last couple of days has been a distinct pick up in hotel stocks. The hope is that with expectations of the economy picking up, it would translate into higher occupancies and room rates for you – have you seen any early signs of that all on the ground?
A: The total arrivals in April 2009 are almost equal to April 2008 so there is somewhat a good sign especially with the government very good mandate, so all these are positive signs. I am sure that the economy should do well and if the economy does well the hotels naturally will do well.
Q: There is also talk that hotels might be shifted under the category of infrastructure which will bring down lending in tax rates for you – is that a recommendation or a request that a hotel industry has put forth to the government?
A: Well industry has been fighting for that status for almost 2 decades. I hope the government listens because the hotels are a part of the infrastructure. Somehow we are not getting our due. I am sure the new government in place will definitely have a positive view on that, I hope so. If that happens that is really a win-win situation for the industry and also tourism as a whole for the country. Tourism is a great employment generator.
Q: The way things are now do you expect that in 2009 hotels will be able to unravel the discounts which the hotels have been giving to many of their most travelers at the higher end that you think you will be able to unwind those discounts?
A: I do not know. It all depends upon traffic. If you look at the total inventory in
Source : Moneycontrol.com
Bartronics India - An Update (5000 Cr Order)
Bartronics India
Q: If you can take us through what kind of fresh orders you have bagged in the last quarter. Has there been any move in terms of e-governance initiatives which has brought more orders your way?
A: I think in the last quarter or so we have been at the forefront of some of the key government initiatives and to that extent we have won few high profile assignments specifically in the
To come to some specific initiatives of the government, we are looking forward to the national identity card programme, which is already on a rollout on pilot basis. But now that the new government is in place we should see this project really kicking off during this current financial year.
A couple of other initiatives which the government has taken during the last five year period is the financial inclusion projects. Many of them got held up mainly because of the election process and now that the election is over and we have continuity of the government. I think we will see many of these projects really moving fast.
Q: Just need to discuss one particular project that you recently got “AapKe Dwar” with Rs 5000 crore over nine years. So, I am assuming about Rs 500 crore every year but you expect a capex of Rs 750 crore just for the first year. So, in that sense how much debt are you planning to raise and I am assuming that this project will not be making money for you for the next two-three years?
A: As far as the “Aapke Dwar” project is concerned, we are looking at investment of around Rs 750 crore but this is spread out over a period of 18 months. In fact, the first phase of 300 out of the 2000 kiosks which have been planned is expected to be rolled out by October 2009. While the last few kiosks is expected to roll out by October 2010, we are talking about an 18 month period beginning April 2009 to really look at usage of those funds.
As far as the capabilities of Bartronics is concerned, in terms of raising this capital, I think we are already there. As far as financial closure is concerned, we are only looking at how to structure the entire capital expenditure in such a way that it does not strain the balance sheet.
Coming back to the point of profitability, the internal calculation of the project show that in our first case scenario; we should be able to breakeven by the end of two and a half years. So, it is not really a major challenge for us in terms of fund raising, operations or profitability. We are expecting this project to take us to the next growth phase.
Q: If you can give us an idea of what kind of run rate you are looking at in terms of revenue growth over this and the next year considering the orders that you are expecting and you have had a negative other income from mark to market (MTM) losses, how will they shape up in FY10 and FY11 as also your interest cost?
A: As far as the revenue run up is concerned, we have given the guidance for FY10. We have retained that guidance at around Rs 1000 crore for topline and bottomline of 15-18%. As far as the mark-to-market (MTM) losses are concerned, I guess it is just a function of time—part of them are related to MTM losses on the outstanding,foreign currency convertible bonds, part of them are related to MTM losses on foreign exchange losses. But this is a trend that is going to continue and as the dollar-rupee variation happens, we need to take care of the MTM as per the accounting guidelines.
Coming back to profitability and the interest costs, I think interest costs are significant during to the last quarter or for the last financial year and they are going to slightly increase during the current year as we draw down for the Aapke Dwar facility. But I guess as the operations grow the profitability on the Aapke Dwar project, it is also fairly good for us to easily take care of the increased interest burden.
June 02, 2009
June 01, 2009
Indo Wind Energy
Target 40-46.Stop loss 28.5.