Bannari Amman Sugars Ltd

Bannari Amman Group is one of the largest Industrial Conglomerates in South India with wide spectrum of manufacturing, trading, distribution and financing activities. Manufacturing and trading include sugar, alcohol, liquor, granite, cotton yarn. Distribution of automobiles and related accessories of renowned brands with financing activities. The service sector has wind power energy, education, health care, real estate etc. Group's net-worth exceeds US $95 million, with sales turnover crossing US $310 million

Prospects for the Current year 2008 - 2009

It is estimated to crush 7.5 lakh tonnes of sugarcane in sugar unit -1 15 lakh tonnes of sugarcane in sugar unit - II and 4 lakh tonnes of sugarcane in sugar unit III. It is estimated to produce 180 lakh B.Ltrs of spirit in the distillery unit in Tamilnadu and 75lakhB.Ltrs of spirit in distillery unit in Karnataka

An incineration plant to burn spent wash with 2 MW power generation is under implementation in the Distillery Unit in Karnataka and it is expected to be in operation from the third quarter of 2008. This will enable the Distillery to operate at the optimum levels

The Company is installing a Sugar Refinery Plant at sugar unit-ll with the production capacity of 500 MT per day besides increasing the refinery production capacity at sugar unit-l from 100 MT per day to 300 MT per day

The Government of Karnataka has approved the proposal for change of location of sugar plant situate at Kunthur Village Kollegal Taluk Chamrajanagara District to Modhalli Village Kollegal Taluk Chamrajanagara District and to establish a Sugar Plant with 6000 TCD from the existing 2500 TCD besides setting up of 28.8 MW Co-generation Plant

The Government of Tamilnadu has demarcated necessary cane areas for the establishment of an Integrated Sugar Complex comprising of 5000 TCD Sugar Plant Co-generation Plant Distillery Ethanol Plant and Bio-composting unit at Kolundampattu Village Thandarampattu Taluk Tiruvannamalai District and the Company is taking effective steps for implementation of the said Project

EQUITY : 11.47 CR

BOOK VALUE :393.00
LAST E.P.S : 37RS
NINE MONTHS E.P.S 73.70RS
LAST DIVIDEND :75%

Expecting full year e.p.s 110 Rs
price target : 1200 in next 3 months

Day Trading Guru Mantras to make profit

1. As a thumb rule let the market show its correct direction and enter in BSE and NSE trades say 15-20 minutes post opening as the true trend of the stocks will be clear and never be in a hurry to jump in a trade. One can undertake the delay time in trading if the trend of stock market is not clear else if one is clear of the trend and is ready with a trading plan than one can jump the band wagon to get the fruits of day trading.

2. Preferably be online else if trading with a broker than be present 15 minutes before commencement of tradiing. Remember day trading is a loner job and thus online trading is perfect to make money.
3. Have a trading plan ready in hand.

4. A balanced and a calm mind produces best decisions and generally first reaction is best reaction. Do not have a fight with any body before3 commencing day trading.

5. Ensure a perfect blend of personal life and stock market life and do net let the two aspects interfere.

6. Do not leave your current job for day trading as day trading is the most difficult profession.

7. Do not put all eggs in one basket and thus no more than 10% per stock during day trading.

8. Avoid margin trading and trade with own cash. results will be always better with own cash.

9. Over trading only makes brokers rich by virtue of brokerage.

10. Never fight the trend and do not try to catch the trend.

11. Stop loss and trailing stop loss is the biggest guru mantra for day trader.

12. No one has gone broke booking profit and thus do remember to keep booking the profit.

13. Never let a profit turn into a loss. Thus the importance of trailing stop loss.

14. If one is doubt regarding the trade than close the trade. A doubtful mind will always lead to loss.

15. When market is not showing correct direction do remember to avoid trading and take a break with your family

STOP LOSS IN STOCK MARKET

1. Every body in this technical jargon of stock market speaks of Stop Loss but nobody speaks of the mechanism to apply a brake in order to ensure profit is taken home.

2. Always track 7 days and 20 days moving average for that particular stock and let us refer it as A and B respectively i.e. say
A=7 days moving average
B=20 days moving average

3.If A-B=+ve (hold stock)

4.If A-B=-ve or nearby Zero (exit stock if current day high is near previous day high either side i.e can be plus or minus by a small margin).

5. So make it a habit to take profit home as nobody has gone broke taking profit.

Balmer Lawrie & Company Ltd. BUY

EQUITY -----16.29 CR

BOOK VALUE-----199 RS
LAST EPS -----53 RS. NG
Last div -----175%

EXPECTING 60 EPS AND 250 % DIV OR 1-1 BONUS

CURRENT MARKET PRICE 285 RS AND EXPECTING 500 IN EXT 6 MONTHS