Wealthyg2r:

FYI: dates for results are mentioned in the annual report so you need to check 2011 annual report
===================
Quarter ended 31-12-2011 (Audited or Un-audited) : On or before 14th February, 2012

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whatsUP
what is the date for qtrly results?

WishMeLuck:

TataCommunications is a best buy recommendation..
http://t.in.com/6anb

You can buy it with eye`s closed as its the "Only" I repeat "Only" player with such a wide spread of connectivity in the World..

See once the pipes are laid.. there are minimal costs ..

Tata`s are good at keeping the cost down..(tata steel, jaguar, tata chem) so the low costs will make tata`s the only major player..

even reliance is getting connected with tata` even though reliance comm has global network..(its smaller to tata comm.. and technology wise also older..)

the idea is monopolistic position.. then even a 1 cent increase in price goes directly to the bottom line..

low prices will encourage more use of digital comm.. due to competitive costs structure.. and once people are hooked ..that`s it..

Tata Comm Very Good Long term buy..

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whatsup-indianstockideas.blogspot.com

Thanks, I may be switching from Jayant as it seems better to Play Crude directly than Crude replacements in the short-term. Its pretty confusing with the whole delay in Jayant`s Plant. I am also hoping for higher dividends from companies as they have greater profits and lesser opportunities to put money.

Looks like whole investing Paradigm is shifting from Growth to Value.....

What are your thoughts on TATA Comm. Low Travel Greater Data requirement?
Read somewhere there is a oversupply of Data connectivity........

WishMeLuck:

I have no updates about karnataka plant.. having said that.. looking at the way the promoters are increasing stake.. I think shareholders will be rewarded.. which could be due to higher dividend`s (last year promoters got close to 5.30Cr as dividend`s tax free!!)

I expect dividend payouts to increase substantially 100% I would say we could get rs 1 this feb.. and that would be the game changer..

lets keep our finger`s crossed..

I hope the company does not plan any more capacity expansion..

between sept and dec 2011 promoters have bought 3,56,316 shares from the market..

I think at these levels switching from jayant to gael is also a sound idea (pls note I am not doing this..)


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Hi WhatsUP,

Any updates on Karnataka Plant? what after this more maize derivative Plant? Any idea on how GAEL wants to grow....

I know we need to wait for AGM, but had to ask incase you had updates :) ...

Guest:

If you check the quarterly reports the auditors are stating everything in black and white.
Mentioned in Godrej industries consolidated quarterly reports:-
- 193Cr worth of shares have been purchased by the ESOP Fund.. and at current market price the ESOP Funds are loosing 59.8Cr ie ESOP Stock are priced around 270 per share.. if the emplyees donot buy the shares the company will have to pay for these losses.. (also note the ESOP funds bought the stocks from the market .. and keeping the price up..)

- 10Cr given to some individuals.. which is supposed to be recovered from sale of stock.. and its under court/company law board to get the money..
- Results reported include financial of subsidiary company, PROPORTIONATE SHARE OF JOINT Ventures (read shareholding is less than 50% and hence not subsidiaries) and Associate Companies...

The company goes on to add.. some of the associates results have been included in the consolidated results based on management accounts NOT reviewed by auditors..

If you look at the standalone results..
30Sept 2011 Profit before tax: 88.68Cr
30 Sept 2011 Profit After tax: 84.18Cr
difference of about 4.5Cr tax on profit of 88Cr
===================================
30 Sept 2010 profit before tax: 48.15cR
30 sEPT 2010 PROFIT AFTER TAX: 44.42Cr
tax of about 3.80Cr on profit of 48Cr
===================================

Something is wrong in the books seriously.. lot`s of off balance sheet things..

I would say drop it like hot potato. there are better companies to invest other than godrej industries..

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whatsup-indianstockideas.blogspot.com

Do you still own Godrej ind? Its a very strong statement you are making, because market believes Godrej group is one of the best in Corporate governance. If they have accounting issues, i believe one should stay away from Indian markets as a whole.

Guest:

godrej industries is a Rs 1 face value.. before that godrej industries was a Rs 6 face value..

I bought the Rs 6 face value stock at around 60 levels.. then the split.. so my cost was Rs 10..

Godrej industries is an avoid.. for now.. serious accounting issues.. but don`t understand why market is ignoring..

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I don`t know about WhatsUP, but I had luck with 50 bagger.

Bought HDFC Bank (100 shares) for about 45 and sold it at 2200. Waiting period? 12 years.

Now I kick myself I should have invested more. But hindsight is 20 20.

Learnt one lesson, invest in large numbers and wait.

10 per share just curious, is it the IPO and when(year) was it??.. you seem to be riding a 10/20 bagger.. congrats! as a last note, not sure why you are stuck with this who has bo brand value(not enterprise value but people have no idea on stree) as such! let me know

10 per share

just curious, is it the IPO and when(year) was it??.. you seem to be riding a 10/20 bagger.. congrats!

as a last note, not sure why you are stuck with this who has bo brand value(not enterprise value but people have no idea on stree) as such!

let me know

Guest:

Thanks for the list. Jayant is a favorite.. Godrej industries.. is something I invested in when it was say Rs 10 per share (pre-split) but is now very expensive..

Others I dont have much info about..

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Whatsup,I am not a professional analyst or financial guy.But i have been in the mkt more than 10 years. from my observation I have short listed some of the stocks and accumulating small small lot every correction .It may not suitable for other people. please do proper reserch when u invest.PIind,Kaveri seeds,Jubliant ind,Astral poly,Cera sanitware,Godrej Ind( 140-150),Manjshree tech,Jayant agro, Ashina Housing,Puneet resins,GDL etc ...

Guest:

Please list out the names of stocks.. that you would recommend to buy instead of GAEL..

There are always theories.. what we need is some real stuff.. if you can share names.. it will help everyone..

GAEL hit 52 week low of 18.75 in 23 nov 2011.. so even at current prices it has outperformed the market for the past one month..

As they say.. beauty lies in the eye`s of the beholder..
so Pls share the stocks you would recommend to buy instead of GAEL..


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