Move With The Flow, Learn To Let Go.

We tend to cling to every object in our lives. We hold on to our profession as if our entire world depends on them. We are afraid to move ahead, afraid to let go.

Life in essence is like an unobstructed, unrestrained, uncontrolled flow of a river. Life flows at its own pace and the ultimate source of all our pain and sufferings is our tendency to cling to and obstruct the flow.

Professional life stagnates, relationships are broken, possessions are lost; all because we refused to let go when we were actually required to let things take their own course.

Why do we cling? We cling because change scares us; we cling because we feel secure if the status quo is maintained; because we refuse to accept the transience of everything; we believe that everything is in our hands.

In the chaos of existence, we have lost touch with our higher self. Most of us lead a life which is similar to that of a child who is lost in a crowd. He has nobody to place his faith on. He is afraid, insecure, suspicious about everyone and everything. This is the cause of our unhappiness, and our ‘tensions”.

We live under the false illusion of having everything under our control. The spirit of getting things done becomes a problem when we cling on even after we have exhorted all our efforts. We are overwhelmed by a sense of despair and disillusion when things move beyond our control. It is at this stage we need to learn to let go.

Professionally or personally, once all the efforts are made towards achieving a goal, we must learn to let go and let life take the best course. It might or might not be of one’s choice, but if we have faith, we will realize that it inevitably is the best course. We need to believe that forces above us are far better equipped to make judgments for us. We must learn to have faith in the judgment. Letting go, however, does not mean turning into a fatalist. One cannot sit idle in life and expect life to take care of itself. Karma, the fulfillment of one’s duties is the ultimate objective of all human existence and if we fail to fulfill our duties towards life, life inevitably fails us.

When God gives us dreams, He shares them with us. Whatever we consider our dreams, are actually His dreams and He give us the capability to realize them. The part we are required to play is to ensure the optimum usage of the capabilities bestowed upon us. And once we have played our part with utmost honesty and effort, we need to let go, step aside and let God step in to fulfill our dreams. After all, they are His dreams, too.

We must have faith that whatever is the Result, is the Best for us to have peace of mind.

Internet firms plan IPO route on high valuations.

MUMBAI: Indian Internet firms, having successfully ridden the dotcom boom-and-bust of the 90s, are now lining up to sell shares in the domestic market to take advantage of high valuations, company officials said.

Companies such as People Interactive (I) Pvt Ltd (PI), Cleartrip.com, Rediff.com, MakeMyTrip.com, Sify Technologies are among those planning to list their shares in the next two years.

"Yes we have plans to list..it will probably happen in April 2009," said Anupam Mittal, chief of PI which owns matrimonial site Shaadi.com and social networking site Fropper.com. Travel portal Cleartrip's Sandeep Murthy said he had a time frame of 12-24 months for a listing, while rival MakeMyTrip.com is also planning a share sale.

Nasdaq-listed Rediff and Sify will also sell stock to comply with a government rule requiring them to list locally within three years of reporting profits, which both did in 2006/07.

Listing will provide liquidity as well as exit options for investors such as venture funds. For the firms themselves, it means more finance and visibility to boost growth. "Presence of more companies will establish Internet as a IPO-able category in India and give more momentum to investors in that area," said Alok Mittal, managing director of Canaan Advisors Pvt Ltd, which has funded Bharatmatrimony.com.

THE WEB OF VALUATION

Valuation is crucial for a sector with few performance benchmarks.

"Naukri and Rediff will serve as comparables for the broad Internet sector - largely around earnings growth and P/E (price-to-earnings) metrics," said Mittal. At its issue price of 320 rupees a share, the only listed Internet firm, Info Edge, was valued at 28 times its March 2007 earnings.

The company, which owns Naukri.com and Jeevansathi.com, now trades between 930 rupees and 950 rupees. PI's Mittal said the high valuations had to be seen in the perspective of high growth rates in Internet businesses and over a three-four year horizon. Currently, buyers are paying a premium due to a dearth of options among Internet stocks, said Ashish Gupta, Managing Director of Helion Ventures Pvt Ltd.

As more companies start to list, valuations would get rationalised, he added. The Internet sector has differing models. Unlike Info Edge and PI, MakeMyTrip and ClearTrip are single-business entities, which would make again make a difference in valuations.

CONCERNS

For the Web-dependent sector, Internet and broadband penetration in India is an area of concern. India's broadband growth "is slow and below expected level," the telecom regulator said last month.

There are slightly over 60 million Internet users in India and close to 3 million broadband subscribers. Telecom firms would now need to market broadband with aggressive price points, the PI chief said. "But I'm optimistic most of these issues will be resolved in the next 12 months." As the domestic stock market moves higher, enabling easier access to funds, it may also fuel competition for market share among companies in the dotcom space.

However, a rush of listings in the category could well erode share prices by as much as 30 percent, cautions PI's Mittal. The BSE Sensex rose 59 per cent from November 1, 2006 to reach a life high on Jan. 10. It had shed around 16 percent till Thursday, following a global slide.

Source - The Economic Times

Grey Market Premiums as of today.

IPO Grey Market Premium :-
1.Future Capital Holding 350 to 360
2.Reliance Power 170 to 180
3.On Mobile Global 60 to 70
4.J. Kumar Infra Projects 3 to 5
5.Cords Cable Ind 12 to 15
6.KNR Construction 8 to 10
7.Bang Overseas 32 to 34
8.Shri Ram EPC 15 to 20
9.IRB Infra 40 to 50
10.Emaar MGF 160 to 170

India Shining..

Suddenly everyone is falling in love with her. . . .

Few say she has finally awakened. . .
and few say she is young at 60. . .

yes I am talking about our counrty, our motherland, and we. . .the people. . .

Brand India. . ."
it's all over the place.
People look us with respect now. .
The once lowly placed country has now joined the elite club. . .
and is clambering it's way up to the top of the heap.
Suddenly our population has turned out to a bane. The elephant has now decided to show that "size does matter". For the first time, our employment rate is more than the growth of population rate. And believe me all this is much beyond the stale BPO story.

Acquisitions and mergers are here. . .
MNC's are parking their money here. . .
FDIs are flowing in. . .
the GDP is rising. . .
"India Shinning" has really shown it's true colors.
And we all are happy because we have the money. . .

Even the NRIs suddenly seem to feel nostalgic and are returning. . . .welcome strangers!!
"meri desh ki dharti" is the new theme.
Everyone knows the lolly is here.
Personal ambition is driving most of the present change and will continue to do so.
Greed is Good!

Not only economic changes but there is lot more. Lifestyles are changing, people are changing, women are changing. . .
And Bollywood! yeah it has also undergone a drastic change. . .
(Thanks to mallika Sherawat and co)
Now we love to pay hundred bucks to the cooled coffee which was once served hot at a very minimal price.

but few things still remain the old. . .
The society still frowns as women wear less and less and as the youth get "westernized" . . .
But bridegrooms still prefer virgins; and husband's still prefer their wives to cook and raise kids along with their job.
Still "kundalis" are probed into before marriage and girls are checked if they are "manglik" or not. . .
Cricket is still our first love. . .
Khans still rule the bollywood and Fridays are still the same: First day First shows!
And still the "K-Serials" run their millionth episode. .
And most importantly. . .
Whatever changes or not. .
but our "dear" politicians are still the same. . . .And so are their promises!!!

And you can argue to me that we still have thousands of issues and problems. . .
poverty, illiteracy. . .
the rich are getting richer and the poor ever poorer. . .
Human relations are changing. . .
Social networking: people are willing to talk hours with a person thousands of miles away but they don't know the guy next door!
I know we have still a long way to go. . .
The journey has just started, and we are already late. . .
but. . .
let's be happy that we have started atleast now.
Yes! it is the time to put on our dancing shoes!



Happy Republic Day
Source:-Destroyed in love.

Happy Republic Day.

Hello readers Happy Republic Day.
And also Happy investing.

Back with a bash!

After the market surged in the dark black sea it is now back again with a bash as the market is 6.21% up approx 1,138 points up today(25th jan).Midcaps & smallcaps are yet in dark sea. They may take a long time to come up say approx of 2-3 months.Any ways after FED slashing down its loan rates The global markets have become a bit stable and so are the Indian and other Asian markets.But there are considerable chances for the markets to come further down. Down trend if seen can be till 14.5K points on sensex and after that up trend till 26K.There are many rumors going on in the markets be extra cautious while trading and dealing.Tips may put u down the line any where on from where you had started. Happy trading is all i can wish for you.
P.S:If you trade trade only in Group "A" or "B1" shares.Be extra cautious.
Vinod Jethmalani
vinodjethmalani@gmail.com

Tips We recommend.

Rcom, reliance industries & rel petro is all what we recommend.
Reason is the name and fame of "Ambanis" and all of the above are strong stocks.
All of the above shares have technical reasons behind it our premium members can know the reasons by clicking here.

Forth comming IPO's.

OnMobile Global Limited
Issue Date – Jan 24 to Jan 29
Issue Price – Rs 425 – 450 /- Per Equity Share

KNR Constructions Limited
Issue Date – Jan 24 to Jan 29
Issue Price – Rs 170 – 180 /- Per Equity Share

Bang Overseas Ltd
Issue Date – Jan 28 to Jan 31
Issue Price – Rs 200 – 207 /- Per Equity Share

IRB Infrastructure Developers Limited
Issue Date – Jan 31 to Feb 05
Issue Price – Rs 185 – 220 /- Per Equity Share

EMMAR MGF Land Limited
Issue Date – Feb 01 to Feb 06
Issue Price – Rs 610 – 690 /- Per Equity Share

Source:-123SENSEX

Report of sensex's biggest ever single day fall.

Sensex was 1408 points down today majorly due to All other world markets. The can be corrections for couple of days more. There is no need to panic, if you have money this the right time to buy the stocks. To catch 20k fever markets may take much time which is assumed.Tomorrow markets may again see dips as most of the European markets are low more then -4%.This is the major correction in the stock market. I conclude by saying ...relax and wait and watch.

Report of this week 14 -19 Jan.

Report:-
Markets were extremely violent.Markets fell down from 21K to 18.9k odd on Friday 3.33pm.Reliance IPO was over booked 72.2 times.Markets likely to become stable in this coming week if only the world markets are stable.Don't invest much in small caps and mid caps in this week.Invest mainly in long term.Bankex and construction sectors were up last week.While IT fell down like any thing.In the coming week concentrate on telecom sector for long term Premium members we have tips for you click here.I conclude by saying that Multi baggers can make people multi beggars .

Market Rumours.

Markets may move to higher levels from here , the last week correction is only to take long positions , hold on to midcaps

GSPL is a star performer in the gas pipeline segment and this scrip will be a multi-bagger in coming years. It has over 18 cities gas distribution network in its fold.

Something is cooking in the lokesh machines counter . It’s a risk free bet at current levels

One group of analysts recommends to take positions in IT sector , as they expect to outperfrom the markets

Reliance power mega issue may over subscribe above 400 times and may list at 1000 , try your luck

Ferror Alloys is attracting discerning buyers. Real trigger in the stock is its platinum mines and its subsidiary, Facor Power, which would generate substantial cash flows as they achieve optimal scale in the next 2-3 years

Swan Mills is the gem in real estate stocks as the fundamentals of its real estate story have not been fully absorbed. Short term investors can add the scrip with a target of Rs.170

K Sera Sera, a scrip from Bollywood is coming out of the woods and may post an EPS of Rs.10 for FY08 and Rs.15 for FY09. The scrip is heading for the century mark.

Renewed buying interest in Ispat may take the scrip to new highs. This is what the operators are aiming for!

Wockhard is expected to jump soon on the demerger news

BHEL staying in the dormant zone for the last two weeks has consolidated very well for a smooth take off to Rs.3250.

GSPL is a star performer in the gas pipeline segment and this scrip will be a multi-bagger in coming years. It has over 18 cities gas distribution network in its fold.

After a hitting a high of Rs.40 recently, Liberty Phosphate has corrected sharply to Rs.25 levels. It is one of the cheapest fertilizer scrips and has the potential to test Rs.50 level in the medium-term.

Centurion Bank is rumoured to be in the next month's new F&O entrant list. Watch for speculative gains

Kamanwala Housing is coming out with its results on 15th Jan and the scrip has corrected sharply as the company may not match its December 2006 topline. But it has decent projects in hand and is a buy at every fall

Hindustan Motors is likely to gain over the medium term on speculative news flow

Investors Map to Banking Stock.

Banks possess an enviable spot in any economy. They are the funnel in the capital formation process and the engine that keeps vehicle speeding. Without banks businesses would find it impossible to keep growing and consumers keep saving and spending. Since service that banks provide are so very vital for economic activity across all its elements that banking sector is bound to grow with growth in economy. It hardly matters whether demand for money comes from cement companies or semiconductor companies or a consumer, what is certain is banks would keep humming.

The banking business model is simple and understandable. Banks receive money from depositors and the financial markets and lend it to borrowers or invest in financial securities. Difference or spread in this two leg is profits. If banks borrow at about 8% from depositors and are able to lend it to some business for their working capital needs or to someone looking to buy a new car at say 11% than the spread 3% (11%-8%) is what is popularly called Net Interest Income. Beside lending and borrowing, banks also advice corporate on their forex exposure or a higher net worth individuals on their investment. Money made by banks by providing other services is referred to as non-interest income or other income. In developed economies, banks derive nearly 50% of revenues from this stream. This stream of revenues contributes a relatively lower 15% in the Indian context. Net Revenues of a bank is total of net interest income and non-interest income.

In order to earn these net revenues banks employ thousand of people in hundreds of branches. Employee cost (One need to watch out Union activity) and other Operating expenses (may move with brand expansion and inflation) are key expenses in banks profit loss account.

At times borrowers fail to pay up. This means assets are not earnings and are called Non-Performing Assets (NPAs). Banks provide for this potential loss as Provisions for NPAs. In its investment activity depending on ups and downs of interest rates, market value of the investment portfolio keeps making unusual profits and losses. Provision in mark to market loss on investment portfolio is provided as expense.
In case of a bank, capital (read money) is a raw material as well as the final product. a bank is mandated to maintain a certain percentage of deposits with the Reserve Bank of India (RBI) as CRR (cash reserve ratio), on which it earns lower interest. Whenever there is a reduction in CRR announced in the monetary policy, the amount available with a bank, to advance as loans, increases. The second part of regulatory requirement is to invest in G-Secs that is a part of its statutory liquidity ratio (SLR). The bank’s revenues are basically derived from the interest it earns from the loans it gives out as well as from the fixed income investments it makes. If credit demand is lower, the bank increases the quantum of investments in G-Sec.

Sources of Competitive Advantage:

- Banks are borrowing from many depositors and lends to various borrowers. Result is they end up having diversified portfolio of assets and liabilities. This result in lowering of risk as compared what it would be if depositors had lend directly to borrowers. This unique advantage of pooling forms one of the base of lasting economic moat for the banking industry.
- Other key moat comes from better management of risk. A top-notch credit culture along with the subsequent borrower/lender relationships that banks establish can create a competitive advantage for firms in the industry.
- Other source of moat is management of liquidity. In world without banks depositor needing cash before borrower is ready to return can create chaos. But in world fill with banks, deposits can pre-withdraw and lenders can pre-pay their respective assets and liabilities.
- Several other factors have also led to deeper and wider economic moats. Some key deterrents to competition include: Huge balance sheet, large economies of scale, a regional oligopoly type industry structure and customer switching costs.

Investors should seek to buy banks:

- With strong capital base
- Earning Consistently high ROEs and ROAs
- With ability to grow revenues at steady rate
- Valued attractively based on P/BV
- Strong Management team

Ideal Business.

Following criteria of Ideal business discussed by Richard Russel in his article "AH PERFECTION" is worth noting:

(1) The ideal business sells the world, rather than a single neighborhood or even a single city or state. In other words, it has an unlimited global market (and today this is more important than ever, since world markets have now opened up to an extent unparalleled in my lifetime). By the way, how many times have you seen a retail store that has been doing well for years -- then another bigger and better retail store moves nearby, and it's kaput for the first store.
(2) The ideal business offers a product which enjoys an "inelastic" demand. Inelastic refers to a product that people need or desire -- almost regardless of price.
(3) The ideal business sells a product which cannot be easily substituted or copied. This means that the product is an original or at least it's something that can be copyrighted or patented.
(4) The ideal business has minimal labor requirements (the fewer personnel, the better). Today's example of this is the much-talked about "virtual corporation." The virtual corporation may consist of an office with three executives, where literally all manufacturing and services are farmed out to other companies.
(5) The ideal business enjoys low overhead. It does not need an expensive location; it does not need large amounts of electricity, advertising, legal advice, high-priced employees, large inventory, etc.
(6) The ideal business does not require big cash outlays or major investments in equipment. In other words, it does not tie up your capital (incidentally, one of the major reasons for new-business failure is under-capitalization).
(7) The ideal business enjoys cash billings. In other words, it does not tie up your capital with lengthy or complex credit terms.
(8) The ideal business is relatively free of all kinds of government and industry regulations and strictures (and if you're now in your own business, you most definitely know what I mean with this one).
(9) The ideal business is portable or easily moveable. This means that you can take your business (and yourself) anywhere you want -- Nevada, Florida, Texas, Washington, S. Dakota (none have state income taxes) or hey, maybe even Monte Carlo or Switzerland or the south of France.
(10) Here's a crucial one that's often overlooked; the ideal business satisfies your intellectual (and often emotional) needs. There's nothing like being fascinated with what you're doing. When that happens, you're not working, you're having fun.
(11) The ideal business leaves you with free time. In other words, it doesn't require your labor and attention 12, 16 or 18 hours a day (my lawyer wife, who leaves the house at 6:30 AM and comes home at 6:30 PM and often later, has been well aware of this one).
(12) Super-important: the ideal business is one in which your income is not limited by your personal output (lawyers and doctors have this problem). No, in the ideal business you can sell 10,000 customers as easily as you sell one (publishing is an example).

Tips We recommend.

Date Scrips Name Target Term.
4 dec GMR infra 310 Medium Term.
4 dec Larsen& tubro - Long term.
4 dec NTPC 310 Medium Term.
4 dec HFCL 100+ Medium Term.
4 dec Vishal Exports 12 Short Term.
4 dec T spiritual 7 Short Term.

IPO RELIANCE POWER>

Reliance Power (RPL), part of the Reliance Anil Dhirubhai Ambani Group (R-ADAG) company,a unit of India's second-biggest utility by market value,is engaged in the construction and development of various gas- and coal-based thermal power projects and hydroelectric power projects in various parts of the country.


Reliance Power won rights to develop a 4,000-MW mega power project at Sasan in the central state of Madhya Pradesh in June. Its parent, Reliance Energy, is building a 1,200-MW power plant at Rosa in northern Uttar Pradesh state..


The 4,000-MW project is expected to be the largest pit-head coal-fired power project at a single location in the country and is scheduled to be commissioned during the XI Plan. At the same time, the company expects to complete the Rosa Phase-I, 600-MW coal-fired project in Uttar Pradesh, now under construction, by March 2010. The Rosa Phase II (600-MW expansion project) is scheduled to be commissioned by September 2010. The other identified projects are located in Western Region (12,220 MW), Northern region (9,080 MW) and North-Eastern region (2,900 MW). It is also making a big foray into the hydro power projects in Arunachal Pradesh. The power projects include six coal-fired projects (10,620 MW) to be fuelled by reserves from captive mines and supplies from India and abroad, two gas-fired projects (10,280 MW) to be fuelled primarily by reserves from the Krishna Godavari Basin off the East Coast and four hydro power projects (3,300 MW), three of them in Arunachal Pradesh and one in Uttarakhand.


Objects of the issue ;

• Achieve the benefits of listing on the stock exchange
• Raise capital to fund subsidiaries to part-finance the construction and development costs of certain of 12 power generation projects currently under various stages of development..
• General corporate purposes.

# Open - 15 Jan
# Close - 18 Jan
# Issue Type -100% Book Building Issue
# Issue Size - ------ Equity Shares Of Rs. 2 Each
# Issue Price - Rs 405/- to Rs 450/- per Equity share
# Maximum Subscription Amount for Retail Investor - Rs 100,000/-
# Minimum and Maximum Order Quantity -
# Listing - BSE, NSE
# Lead Manager- Kotak, UBS, ABN AMRO, Deutsche, Enam, ICICI Securities, JM Financial and J.P. Morgan.
# Registrar - Karvy Computershare Pvt Ltd
# Phone - 040 2342 0815/ 0816
# Email - reliancepower.ipo@karvy.com

Regitered Office :
Reliance Power Limited,
H Block, First Floor,
Dhirubhai Ambani Knowledge City,
Navi Mumbai 400 710, India
Phone : (91 22) 3038 6010
Fax : (91 22) 3037 6633

YOU CAN PAY IN PHASES. THE SHARES CAN BE BOUGHT BY PAYING A PART AMOUNT NOW.

TO INVEST PLEASE CONTACT CHIRAG FOR THE FORMS ON +919833771136.

'Making money will not be easy in '08'

At ET Intelligence Group, we have always strived to help readers take well-informed decisions. And we leave no stone unturned in doing this. Apart from providing analytical insights and expert opinions to anticipate the trends in ’08, we decided to lend an ear to what the celestial elements are telling us. To have a better understanding of what ’08 has in store for us, ETIG caught up with renowned astrologer Bejan Daruwala . According to this fond worshipper of Lord Ganesha, India’s best period started from September 3, ’07. Mr Daruwala — who had predicted India’s emergence as an economic superpower way back in January ’00 — claims that India will have a great time in the next few years and will emerge as a powerhouse some time around the year ’12. “In ’08, Jupiter will land up in India’s sun sign Capricorn. This ensures prosperity and good luck,” he says. He further enunciates that other natives of Capricorn, including Ratan Tata, Baba Kalyani of Bharat Forge and Vikram Pandit of Citibank, will have a wonderful year ahead. Mr Daruwala emphasises that ’08 will see Saturn teaming up with Virgo, which means only the ‘practical-minded and ruthless’ will survive. Companies that emphasise on cutting down unnecessary expenses and are willing to overhaul old management practices will do well. Similarly, Capricorn, the big daddy of all sun signs, will ensure that managements that act with a strict hand do well. However, Mr Daruwala feels the Sensex may not reflect the strength of the Indian economy to the fullest. “The year ’08 will see the Sensex fluctuating wildly and money-making won’t be as easy as it has been in ’07,” he says. He further predicts that the months of March, June, September and December will be particularly tough for the market. Looking beyond the economic scenario, Mr Daruwala sees the country facing a few new problems. He cautions that the next 2-3 years will see the emergence and rise of new forms of terrorism. He foresees that India and Pakistan will have a more permanent and long-term truce. On a more positive note, Mr Daruwala opines that India’s favourable time had begun when Atal Bihari Vajpayee took over as prime minister, and both he and Manmohan Singh are lucky for the country. SOURCE :- ET.

Hold S A petrochme.

Though S A Petro has achieved our target very fast hold it till for long term for super profits as the scrip is in upper circuit. Wait till the we give our next target.