“An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.”
"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."
He made all his fortune followed by this philosophy....
Hence, I am only recommending those selected small cap scripts which are very cheap and performing companies rather over a valued mid cap and big cap,
Do not enter if you are a trader, only those long term investors can gain from those scripts.
Keep in mind, Only invest do not trade, and sleep well and forget until 1 to 2 years , your capital might increase to 2 to 3 times.
Suggested : (Many bad gossip already spread over the market, forget about.)
The Rs 2,500-crore joint venture cement plant of Sagar Cements and France-based Vicat Group is set for financial closure and the construction work is likely to begin soon.
“The acquisition of 1,600 acres for the first phase of the project is completed in Gulbarga, Karnataka, and we are awaiting registration approvals from the Government for another 1,200 acres to be used for the second phase,” Mr S. Srikant Reddy, Executive Director, Sagar Cements, told Business Line.
Under a joint venture pact signed in June last year, the Hyderabad-based company and Vicat will have 49:51 per cent stake in the proposed company which will have a capacity of 5.5 million tonnes.
Out of the Rs 1,650-crore investment in the first phase, Rs 1,000 crore will be debt and Rs 650 crore equity. The financial closure is the responsibility of Vicat. “I understand that all the commitments have been obtained and the paper work is remaining,” Mr Reddy said.
EQUITY
The joint venture partners target to commence operation of the plant in September 2011. “The second phase is likely to be operational by 2014,” he said.
On the possibility of Vicat Group increasing its stake in Sagar Cements further from the current 6.67 per cent, Mr Reddy said: “Of course, they are interested. But we see no reason to increase the equity now.” The fully diluted equity share capital of Sagar now stands at Rs 15 crore.
Belgium-based Ackermans & Van Haaren (AvH), a €2.1-billion diversified group also has 14.3 per cent stake in Sagar.
Sagar, which had completed a capacity augmentation programme recently, now has 2.1 million tonne clinker and 2.4 million tonne cement capacity. “Except in the current month (due to monsoon impact), we achieved nearly 100 per cent capacity utilisation,” he said.
Shame on you man... selling sag cem for past 2 years. People have only lost not gained on your advise. Sensex webt down and hit back (now 17000+) but you were selling sagcem even at Rs. 442. Look at cement demand too.. cement not a place to invest for atleast 6 months. Hunt for another stock... 2000 quantity traded today HUH :(
I dont know why you still try to promote this stock.I have been seeing your posts since june.The sensex has raised over 38% since than and sagar cement was pulled 23% down from its higher price.I really dont know on what analysis you support this stock.If you have any detailed report to support your views,please do share with the board members and enlighten us.
intrader-There will be change in Market action/Dynamics!!Small Cap/Mid Cap Stocks will shortly gain favour!!Fireworks will very soon start and should lift this Top Class cement sector stock....
intrader-Now Sagar Cement has started moving up!!It has a Market Cap 292.54 and an EPS (TTM) 15.68 | * P/E 12.44 |
* Book Value 128.13 | | Div(%) 25.00 |All these parameters makes Sagar cement a smart investment!!
jalunm-Sagar Cement is doing very well!!Very soon Small Cap/Mid Cap Fireworks will start and should lift this Top Class cement sector stock....!!Good Buy!!
| NIFTY 
