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Monday, March 21, 2011

IVRCL Assets & Holdings Ltd (BUY AT CMP- 54.00 .Rs)

                            IVRCL Assets & Holdings Ltd  
 
 OPERATIONS OF THE COMPANY: 
 
The  continued  sluggishness in the real estate markets have  prompted  the 
management  to  reorient the Company's operations. In the  process  it  was 
decided  that the Company should diversify its operations so as to  include 
in  its  fold investments in projects relating  to  various  infrastructure 
segments  like  Roads,  Power,  Oil and Gas, Water  on  Build  Operate  and 
Transfer  (BOT).  Build Own Operate and Transfer (BOOT) Design,  Build  Own 
Operate and Transfer (DBOOT) basis. As a first step, it was decided to take 
over two investment subsidiaries of IVRCL Infrastructures & Projects Ltd.,
having investments in such projects. Accordingly, IVR Strategic Resources &
Services Ltd., and IVRCL Water Infrastructures Ltd., which own the
investments in the following Special Purpose Vehicle (SPV) Companies, were
merged with your Company as per the Orders of the Hon'able High Court of
Andhra Pradesh dated 26th February, 2010, effective from 1st April, 2009,
and as a consequence thereof, the said SPVs have become the subsidiaries of
your Company:

1. Salem Tollways Limited
2. Kumarapalayam Tollways Limited
3. Jalandhar Amritsar Tollways Limited
4. Chennai Water Desalination Limited
5. SPB Developers Private Limited
6. First STP Private Limited
7. Alkor Petroo Limited
8. IVRCL Building Products Limited
9.. IVRCL Indore Gujarat Tollways Limited
10. Sion Panvel Tollways Private Limited

The Company is now gearing up to raise further resources for investments in 
various  other sectors like coal mining, oil and gas, besides new  projects 
in  the  sectors  in which it is currently engaged. It is  hoped  that  the 
results  of  the  reorganization shall be visible  in  the  current  year's 
financials.
a. FUTURE PROSPECTS IVRCL Assets & Holding Limited expects to emerge as a major player in developing and owning infrastructure assets in highways, oil and gas, power, ports and desalination to name some of the significant sectors that the company is currently targeting in the next few years. The Company will draw from its parent company, IVRCL, the experience and core competence built over the last two decades in executing the awarded projects and those in the pipeline into viable and successful ventures and assets. Besides highways, the company will be bidding for build, operate and transfer (BOT) projects in power transmission, water, crude oil storage, parking lots, truck terminals and ports.
 
Future Prospects:

IVRCL  Assets  &  Holdings Limited (IVRCL A&H), formerly  IVR  Prime  Urban 
Developers  Ltd, and a subsidiary of IVRCL Infrastructures &  Projects  Ltd 
has been formed as a holding company for the infrastructure assets of IVRCL 
and  to fund the capital requirements of its infrastructure asset  ventures 
and  transform itself purely in to an infrastructure  development  company. 
Following  the amalgamation of IVR Strategic Resources &  Services  Limited 
and  IVRCL  Water  Infrastructures Limited, the net worth of IVRCL  A  &  H 
currently stands at about Rs 2,300 crore represented mainly by  investments 
in  BOT  assets,  which were formerly owned by  its  parent  company  IVRCL 
Infrastructures  & Projects Limited. The higher net worth was  expected  to 
enable the company to bid for larges projects. The company currently  holds 
assets valued over Rs 75 billion and is targeting for an exponential growth 
three years down the line.

National Highways:

In the BOT business, the Company currently has 6 national highway  projects 
of  which three are operational. Currently a total length of around 150  km 
of  4  lane  highway is under the Company fold as a  BOT  operator  wherein 
tolling has commenced. Three BOT projects are under development and in  one 
project  the  Company  is the L1 bidder. The  Company's  portfolio  of  BOT 
projects are as follows:

* Salem Tollways Limited
* Kumarapalayam Tollways Limited
* Jalandhar Amritsar Tollways Limited
* SPB Developers Private Limited
* IVRCL Indore Gujarat Tollways Limited
* Sion Panvel Tollways Private Limited Chennai Desal

The prestigious Chennai Sea Water Desalination Project of 100 MLD  Capacity 
being executed for Chennai Metro on a DBOOT basis is the first of its  kind 
concession  projects  in  the country and stands out as  one  of  the  most 
distinguished  assets  of IVRCL  A & H. While  work  on  this  project  is 
completed and performance t rials are underway. We expect this project to go 
on  steam  in June 2010. The Company recognizes the  immense  potential  of 
desalination as a major water source for the country and will spearhead the 
desalination  drive  to bring water to people and industry in  the  coastal 
states as a major contributor to the demand for desalinated water.

Gas & Oil Storage:

IVRCL  Assets  & Holdings Limited has taken a 37.5 per cent  stake  in  the 
concession project for development of crude/product tankages facilities  at 
Paradip Refinery Project, Paradip, Orissa of Indian Oil Corporation Limited 
(IOC)  on  Build, Own, Operate and Transfer (BOOT) basis and  will  be  the 
joint  venture  partner in the special purpose vehicle,  IOT  Utkal  Energy 
Services  Ltd.,  which  has  been set up for  the  implementation  of  this 
project.  The  project involves Installation, Operation  &  Maintenance  of 
approx.  1.4  million  kilolitres  of tankages  for  crude  oil,  petroleum 
products.  LPG  and sulphur and associated facilities at  Paradip  Refinery 
Project  in  Orissa  which  is expected to go  onstream  during  2012.  The 
concession  period will be 15 years after commissioning. The total  project 
cost is estimated at around Rs. 3000 Crores.

Ports:

The Company as a consortium has been pre-qualified for building two  berths 
at  Visakhapatnam  port  on  a BOT basis and  proposes  to  bid  for  these 
projects.  Plans are being drawn up to take up similar  projects  including 
the  construction  and  operation  of a full  fledged  port  on  long  term 
concession basis.
Power Transmission - The Company is looking towards taking up power distribution and transmission on concession basis for Power Finance Corporation and similar organizations.Most of the B.O.T projects are going to come in operation . so earnings are expected from next year
 
PUBLIC ISSUE PRICE -450 RS. (LOW DEBIT COMPANY 450cr)FOR A EQUITY OF 197 CR.
HOLD FOR NEXT SIX MONTHS .EXPECTING PRICE TARGET 100Rs.

Friday, March 4, 2011

10 Deadly Trading Mistakes!


10 Deadly Trading Mistakes!

The following are 10 most common but deadly Trading Mistakes, which traders should avoid at all costs. Anyone of them can literally destroy one's financial dreams and goals!
1. Trading for excitement & thrill not for profits. Many traders consider stock market as casino and trade for thrill and fun only. As soon as one has a losing trade, he wants to quickly make back the lost money. He thinks about the other things he could have done with the money, regret taking the trade and want to recover as quickly as possible. This in turn leads to further mistakes. Be patient and wait for the next high probability opportunity. Don't rush back in
2. Trading with a high ego. Many individuals who have remained highly successful in other business
ventures have failed miserably in trading game. Because they have a fairly big ego and thought they couldn't fail. Their egos become their downfall because they cannot except that they would be wrong and refuse to get out of bad trades. Once again, whoever or wherever has  any one come from does not concern the markets. All the charm, powers of persuasion, number of degrees & diplomas of business management on the wall or business savvy will not budge the market when you are wrong.

3. Three 4-letter words that will kill you! HOPE--WISH--FEAR—PRAY if you ever find yourself doing one or more of the above while in a trade then you are in big trouble! Markets has own system of moving up& down. All the hoping, wishing and praying or being fearful in the world is not going to turn a losing trade into a winning one. When you are wrong just use a simple 4-letter word to correct the situation-GETOUT!

4. Trading with money you can't afford to lose. One of the greatest obstacles to successful trading is using money that you really can't afford to lose. Examples of this would be money that is supposed to be used in any other business, money to be paid for college/school fee, trading with borrowed money etc. Ultimately what happens is that when someone knows in the back of their mind that they are risking the money they cannot afford to lose, they trade out of fear and emotion versus logic and no emotion. If you are in this situation It is highly recommend that you stop trading until you earn enough to put into an account that you truly can afford to lose without causing major financial setbacks.
5. No Trading Plan If you consider yourself a trader, ask yourself these questions: Do I have a set of rules that tell me what to buy, when to buy and how much to buy, not just for the next trade, but for the next 10 trades? Before I enter a trade, do I know when I will take profits? Do I know when I will get out if I am wrong? These questions form the first part of a trading strategy. There simply cannot be any expectation of success if we can't answer these questions clearly and concisely.

6. Spending profits before you make them. Nothing is more exciting than getting into a trade that blasts off and puts you into a highly profitable situation. This can cause major problems however, because this type of trade puts you in a highly euphoric state and leads to daydreaming about the huge profits still
to come. The real problem occurs as you get caught up in the day dream and expectations. This causes you to not be prepared to get out as the market reverses and wipes off all your profits because you have
convinced yourself of the eventual outcome and will deny the reality of the situation. The simple remedy for this is to know where and how you will take profits once you enter the trade.
7. Not Cutting Losses or letting Profits run One of the most common mistakes made by traders is that they let their losses grow too large. Nobody likes to take a loss, but failing totake a small loss early will often result in being forced to take alarge loss later. A great trader is not someone who has never had a
loss. Great traders have made many losses. But what makes them great is their ability to recover quickly from a string of losses. Every trader needs to develop a method for getting out of losing trades
quickly. Research and learn to apply the best methods for placing protective stop loss orders. The only way to recover from many (small)losing trades is to make sure the winning trades are much larger.
After a series of losing trades, it becomes difficult to hold a winning trade because we fear that it will also turn into a loss. Let your profitable trades run. Give them room to move and give them time to move.
8. Not Sticking to your plans & Changing strategies during market hours If you find yourself changing your strategy during the day while the markets are still open, be mindful of the fact that you are likely to
be subject to emotional reactions of fear and greed. With rare exception, the most prudent thing to do is to plan your trading strategy before the market opens and then strictly stick to it during trading hours.

9. Not knowing how to get out of a losing trade. It's amazing that most of the traders don't have any clear escape plan for getting out of a bad trade. Once again they hope, pray wish an rationalize their position. It must be kept in mind that market does not care what you think. It does what it does and when you are wrong you are wrong! The easiest way to keep a bad trade from going really bad is to determine before you get in, where you will get out.
10. Falling in love with a stock (Just Flirt).Many traders get fascinated by just a stock or two and look for opportunities to trade in those stocks only ignoring the other profitable trading opportunities. It is because they have simply fallen in love with a stock to trade with. Such tendencies can be suicidal as for as trading is concerned. It may cost any one dearly.

9 Great tips from Stock market Masters

9 Great tips from Stock market Masters

Great traders are created, not born. Those who lack discipline, persistence and self-confidence lose the never-ending challenge of trading profits. But those who survive the battle by using the tools used by the masters enjoy the fruits of consistent success. Different master traders use different methods and approaches. But what is that one aspect that the greats all agree on, masters ranging from George Angell, day-trader, technical analyst par excellence; Gerald Appel, father of MACD, one of the most widely followed timing tools; Bruce Babcock, developer of trading software; George Lane, father of stochastic and one of the most experienced technical analysts in the world; Robert Prechter, the pre-eminent Elliott Wave analyst whose forecasts are followed by traders throughout the world; Welles Wilder, the man behind Delta and RSI and developer of technical tools that have revolutionized the trading world; and Larry Williams, colourful, controversial - a legend in his own time.No, it's not some glamorous or sexy new fail-safe technique. Rather the one aspect of universal agreement among master traders is the importance of discipline. Discipline is probably the most worn-out term in trading. But that doesn't alter its importance. Also, saying the word is one thing; truly understanding its dimensions on an operational or behavioral level is another. Here are the golden rules of disciplined trading.
Be persistent
This is perhaps the single most important quality a trader can possess. Trading requires the ability to continue trading even when results have not been good. Due to the nature of markets and trading systems, good times frequently follow bad times, and bad times frequently follow good times. Some of a trader's greatest successes occur following a string of losses. This is why traders must be persistent in applying their trading methods and continue using them for a reasonable period of time.
Accept losses
Another important quality that the market masters emphasise is the ability to accept losses and to take them promptly. Perhaps the single greatest downfall of all traders is the inability to take a loss when it should be taken. Losses have a nasty habit of becoming worse rather than better. Unless they are taken when they should be, the results will not be to your liking.
Avoid overtrading
Too many traders feel that they must trade every day. Such traders are addicted to trading. The fact is that some days offer few if any trading opportunities. The trader who wishes to preserve capital and avoid losses as well as unnecessary commission charges should understand that trading, other than mechanical day trading, is not an everyday event. There will be days when no trades are indicated. This is for the best.
Specialize
Successful trading is a time-consuming undertaking that requires close attention. Which is why many market masters specialize in certain markets. In most cases, successful trading requires diligence, follow-through and persistence. Because most trading techniques require close attention, traders should not be involved in too many markets at one time. Suggest that five to seven markets are sufficient for most traders. In fact, for new traders, I recommend specializing in one or two markets and attending to them thoroughly to develop your skills and increase your overall profits.
Begin with sufficient capital
Perhaps one of the worst blunders that any trader could commit is to trade with insufficient capital. Virtually all the market masters agree on this point. The argument may be made that the futures trader does not need to have substantial capital in his or her account since trades are closed out at the end of the day and therefore the necessity for sufficient margin to maintain positions is eliminated.While this may be true, those with limited funds cannot play the game as long as those with larger funds. In any venture it is important to start with sufficient capital so that the trader will not feel pressured to perform and can allow the particular trading system or methods sufficient opportunity to ride through periods of poor performance.
Use news to your advantage
Many a trader has learned the hard way that following the news frequently leads to losses. However, I have discovered ways in which the trader can use the fundamental news or developing international, domestic or political news to his or her advantage.
Do not be a follower of the news; rather 'fade' the news. Use the news to exit positions that you probably established before the news became public knowledge. I firmly believe in the old market dictum: Buy on rumor, sell on news.
On an intra-day basis, markets are very sensitive to news well before the news is known by most traders. Insiders buy and sell on expectation, sometimes based on rumor, frequently based on fact. They establish positions before the general public is aware of the news; once the news has become public knowledge, they take advantage of the surge or the drop in prices to exit positions.
Take advantage of brief price surges
At times, markets will drop or rally quickly, seemingly in response to no news. What may be happening is a rumor on the trading floor, a large buyer or buy order, or large seller or sell order of which you are unaware. Such brief price surges or drops are opportunities for you to exit positions at a profit or to establish a new position. It is important to develop this quality as a futures trader since it is entirely consistent with the futures trading objective.
Stick to your goals
Above all, remember that as a trader you have one major goal: to make money. To do so, you must be particularly aware of your net profits at all times. My advice, which is based on many years of trading, is to set you self specific standards and conditions under which you will begin to liquidate positions. Do so while the trend is still in your favor. You may either begin to close out your positions at that time or you may use a follow-up stop loss procedure to 'lock in' existing profits.
Use market sentiment to find short-term and day-trading opportunities
I have already discussed the importance of going against the majority opinion to find profitable trading opportunities. I believe that this is one of the most important qualities a trader can possess. While there is certainly a great deal of money to be made in trading with the existing trend, it is also important to know when the existing trend has reached a possible turning point.One of the best ways, if not the best way of doing this, is through the use of market sentiment. The trader must also be a contrarian. This does not mean that you must buck the trend, but it does mean that you must always be aware of whether sentiment is very high or very low. This will give you important clues as to whether you should be quick to take profits, whether you can allow profits to run and whether you should look for trading opportunities on the opposite side of the existing trend. I have learned, after many years of trading, that the major difference between those who are successful traders and those who are not is found in their discipline, their psychological makeup and in the skills they have acquired as traders rather than in the trading systems, they use.
Save minimum Cash.
                                  Spend minimum Cash.
                                                                          Invest Maximum Cash in equities.

                                                                                                                   And make  Indian Economy will Boom.              
 

 


              Pigs get fat                                                                                                         Hogs get eaten

Investment decisions should fatten your bottom line, not eat away at it!
Be a Pig not a Hog

 STOCK IDEA:        Apollo Pipes Ltd 349.00 AROUND 325 ITS A GOOD BUY FOR LONGTERM   ...