WAIT FOR CLEAR DIRECTION

THERE ARE MANY OPPORTUNITY'S IN THE STOCK MARKET .
AT PRESENT MANY STOCKS ARE AT THEIR BOOK VALUES
AND GOOD DIVIDEND YIELDS .LOW P.E."S
BE COOL IN STOCK MARKET. WAIT FOR OPPORTUNITY.AND BUY THE STOCK
DON'T BE HURRY FOR COVER YOUR OLD LOSS . IF U CHASE THE STOCK .
STOCK WILL SUCK UR LAST MONEY .
HAVE A GREAT BUDGET DAY
YOURS
SAHADEVA RAJU ALLURI

DARE TO DREAM CARE TO ACHIEVE

Trouble arrives in measures,and we stack it up real high,
until we're convinced,we have no reason to try.If you feel defeated,
you're absolutely wrong,
for if you follow your dream,
you could never lose for long.Ignore the minor set-backsthat pile up and trouble you,
or you will build a mountain,out of the stones hurled at you.
The future holds great promise,your destiny unknown,
but God is always helping,and you're never alone.
Soar bravely toward your goal.
Let nothing darken the way.You can change your tomorrow,
if you seek your dream today

source:expresseverything.blogspot.com

Sasken Communication Technologies Ltd.

AFTER SO LONG TIME A SCRIP GETTING AT BOOK VALUE PRICE. AND WITH A

GREAT REPUTATION.AND PUBLIC ISSUE PRICE WAS 260RS. IT IS

Bangalore-based Sasken Communication Technologies Ltd, a global provider of software and support services for the communications industry

Sasken is an embedded communications solutions company, that helps businesses across the communications value chain accelerate product development life cycles.
Sasken offers a unique combination of research and development consultancy, wireless software products and software services, and works with Network OEMs, Semiconductor Vendors, Terminal Device OEMs and Operators across the world. Global Fortune 500 and Tier 1 companies in these segments are part of Sasken's customer profile.

Established in 1989, Sasken employs over 3,500 people. operating from state-of-the-art research and development centers in Bangalore, Pune & Chennai in India, Kaustinen, Tampere, Oulu & Turku in Finland and Monterrey in Mexico. Sasken is also present in Shanghai (China), Ottawa (Canada), Nice (France), Frankfurt (Germany), Kanagawa (Japan), Lund (Sweden), Guildford (UK) and Boston, Dallas & Santa Clara (USA).

Committed to innovation, Sasken works with customers to help them get to market ahead of the competition, and stay focused on new product development and manufacturing. With deep understanding of the communications industry, access to current and emerging technologies, mature development processes, global resources and a proven track record, Sasken creates complete solutions to help clients succeed. Clients choose Sasken for the comprehensive range of application solutions and services, backed by a proven reputation for expert support and high quality.

In addition to being directly involved in the development of a variety of technologies, Sasken is a member of premier technology bodies including ITU, 3GPP, GCF, MPEG-ISO, WiMAX, NFC, DLNA and ATM, DSL & SDR forums.

Sasken is SEI CMM Level 5 certified and its’ solutions are backed by ISO 9001:2000, ISO 27001 and TL 9000 certifications. Sasken’s proprietary quality management systems strengthen our business offerings and ensure client satisfaction. Sasken’s commitment to environment is highlighted by its ISO 14001 certification.
Overview

Sasken provides services, solutions and technologies to customers across the telecom value chain. Our offerings cater to large network equipment manufacturers (both wireless and wireline), semiconductor manufacturers supplying to the telecom market, wireless terminal product vendors and test and measurement equipment providers, worldwide. Our subsidiaries extend our offerings to network equipment manufacturers to service their non-embedded or non R&D outsourcing requirements.

We offer services for planning, deployment and managing wireless networks to NEMs and wireless service providers. Sasken also offers software services for development and maintenance of various software components required for implementing a network support system in the field. Sasken has extensive experience in the wireless and wire line networks and across all software components.

Sasken powers the Semiconductor industry with IC Design services and Silicon Platform Software services. While the IC design Services include design, verification and integration of integrated circuits, the SPSS encompass design, testing, maintenance/sustenance and integration of software around the chips developed by our semiconductor customers.
Sasken also offers software development and sustenance services to Test and Measurement companies.

BUY FOR LONG TERM . YEAR HIGH IS 585. LOW IS 123.50. SOME EDGE FUNDS SOLD NEARLY 5 LAKS AT 145 PRICE .SO IT IS CONSOLIDATING AT THIS PRICE. SO WILL NOT GET CHANCES LIKE THIS . JUST BUY

Words of wisdom from Warren Buffett

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

"You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right—and that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else."

"Our favourite holding period is forever." Letter to Berkshire Hathaway shareholders, 1988

"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact."

"Risk comes from not knowing what you're doing."

"If you don't know jewellery, know the jeweller."

"If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes."

"There seems to be some perverse human characteristic that likes to make easy things difficult."

"One’s objective should be to get it right, get it quick, get it out, and get it over... your problem won’t improve with age."

"A public-opinion poll is no substitute for thought."

"In the insurance business, there is no statute of limitation on stupidity."

"If a business does well, the stock eventually follows."

"The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure from being with the crowd or against the crowd."

"The future is never clear, and you pay a very high price in the stock market for a cheery consensus. Uncertainty is the friend of the buyer of long-term values."

"We will only do with your money what we would do with our own."

"Occasionally, a man must rise above principles."

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."

"Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked."
When asked how he became so successful in investing, Buffett answered:

"we read hundreds and hundreds of annual reports every year."

"I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that. “I’m paying $32 billion today for the Coca Cola Company because...” If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money."

"You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it."

"I really like my life. I've arranged my life so that I can do what I want."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

"Price is what you pay. Value is what you get."

"For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up. "

"Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well."

"We have tried occasionally to buy toads at bargain prices with results that have been chronicled in past reports. Clearly our kisses fell flat. We have done well with a couple of princes - but they were princes when purchased. At least our kisses didn't turn them into toads. And, finally, we have occasionally been quite successful in purchasing fractional interests in easily-identifiable princes at toad-like prices."- 1981 Chairman's Letters to Shareholders

"Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."- 1974 Letter to Shareholders

"Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid." - Berkshire Hathaway 1998 Annual Meeting

"If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game."- 1997 Berkshire Hathaway Annual Meeting

"Despite three years of falling prices, which have significantly improved the attractiveness of common stocks, we still find very few that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge."- March 2003
On acquiring bad companies for cheap prices: "In my early days as a manager I, too, dated a few toads. They were cheap dates - I've never been much of a sport - but my results matched those of acquirers who courted higher-price toads. I kissed and they croaked."

"I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out."- Oct. 2003 talking with Wharton MBA students

"The important thing is to keep playing, to play against weak opponents and to play for big stakes."- Nov. 2002 talking with students at Gaston Hall


source : deadpresidents.blogspot.com

Parekh Aluminex Ltd. TIME TO BUY

Management Discussion and Analysis:


The company is steadily targeting to become a world-class company in its product category by making substantial investment in production capacities, offering diverse product range to satisfy every need of the customer and supplying quality product on time. Companys strategy is to foresee customers requirement and offer solution at competitive price. Management is aware that in the era of globalisation, survival and growth is possible only through product innovation, mass production and penetrating price range. That is why management has adopted a tactical view to invest in capacity creation year after year. The results are evident. Today, Company has mould bank of 83 moulds. They can pack and help transport every conceivable quantity of solid, semi-solid and liquid eatable product in utmost hygienic and convenient way. Similarly, marketing and shipping activities are paid due attention and requisite resources are provided to strengthen them.
Varied product range and production capacity is converted in to value added product which are offered to Indian and global buyers. Management seizes all available business opportunities at most opportune time. It has tried and successfully secured collaboration and co-operation of some of the leading producers and customers of AFC product to give an edge, which is hard to match by any other Indian company. In terms of customers satisfaction and market share your company is numero uno in India and marching ahead to become a force to reckon with in the world market.
Management believes in sharing the wealth of the company with all the stakeholders and distribute it equitably. Year after year increase in dividend payout and increased book value of Companys higher EPS takes care of the shareholders. Employees are provided with better working environment, upgrading of skill and promotion as well as competitive emoluments. Suppliers are paid for the value of goods supplied by them. Company also pays all due taxes to ex-chequer as a law abiding citizen. Apart from this, management is also aware about the social responsibility of the business. Long-term survival demands that part of the wealth generated be repaid to the society for the benefit of underprivileged masses to help them rise to a respectable level. Towards this end and as a mark of its gratitude, company has contributed to build part of the hostel and hospital so that both present and future generation can get benefit of these facilities.

Business Performance:

During the year, company has recorded highest ever result of sales and profit in.its history. Capacities built up in last 5 years, overseas acquisition of company last year and assiduously built up marketing network, both local as well as global, are the instrument in achieving these results. Innovative product development to satisfy the requirement of existing as well as new customers helps to capture more market share. Timely delivery and adherence to quality level enables company to increase its export sales and make its presence felt in the global competitive market.

During the year company completed its expansion project of Rs.400 million in time and as per projected cost. Of this, significant amount has been invested in acquiring and installing productive assets for producing newer varieties of AFC products and increase in existing production capacities. The result of this expansion has been partly reflected in 2006-07. However, real impact will be seen in this year i.e. 2007-08 when another significant jump in income and profit will accrue. The said project was financed through judicious use of owned and borrowed capital to have financial leverage effect. The borrowing from banks was raised at most competitive rate and equity was raised at market based premium. Whereas lower interest on this loan will improve profitability, the premium collected on equity issue will enhance net worth of the company and book value per share, apart from higher earnings per share (EPS).
Significant jump in the export sales is a result of Companys quality products adhering to timely deliveries and giving most competitive prices to the customers.

From this year Company has started exports to America, Germany, Dubai, Bahrain, Turkey etc. Company has a good order book position. Company is paying special attention to the Airlines customers and it has added in its fold Etihad Airways, Thai Airways, Emirates Flight
Catering, Gulf Airways, Air Asthana, Singapore Airlines, Sri Lankan Airlines, Changi International Airport Services amongst others.

Company continues to lead the domestic market with increased sales to institutional buyers and sales through distributors. Rising income level and awareness about the benefit offered by the companys products continuously increase demand for it. This shows marked increase in domestic offtake of the companys sales.

To keep up with the pace of increasing business requirement and to seize the opportunity available in global financial market, your company plans to raise sizeable fund through issue of fresh equity which will be productively employed in working capital and enhancement of production capacity as deemed fit by the board. Requisite approval has been secured in last EGM and directors are devising ways and means to implement the same. Once implemented, it will have potent and cumulative effect on the earning capacity of the company.
Companys manufacturing facilities located at Dadra are fully insured and maintained in an up to date working conditions. Employee skill is continuously upgraded with installation and operation of modern equipments. Newer moulds and tools for development and production are continuously acquired for higher productivity and cost reduction.
The industrial relations remains cordial as employees are treated as core assets of the company and instrumental in growth. It gives due emphasis on their training, up gradation of skill and job satisfaction in addition to good monetary compensation.

IT has allotted 27,50,000 equity share at Rs 260/- per share on Preferential basis
to the following Investors:

1. National Investment Funds Company: 450000 No of Shares Allotted
2. Dharmesh Ajitsinh Khimji: 700000 No of Shares Allotted
3. Sachin Kamath: 111000 No of Shares Allotted
4. Vikas Dixit: 39500 No of Shares Allotted
5. Al Zaman Investments LLC: 160000 No of Shares Allotted
6. Mahesh Keshavji: 160000 No of Shares Allotted
7. Bipin Dharamsey Nensey: 160000 No of Shares Allotted
8. Tawoos LLC: 640000 No of Shares Allotted
9. Sur International (Salim Said Hameed AL Araimi): 170000 No of Shares Allotted
10. Oman International Development and Investment Co. S.A.O.G.: 80000 No of Shares Allotted
11. Oryx Holding Ltd: 79500 No of Shares Allotted.


IT HAS POSTED (FOR NINE MONTHS )20.28 CR ON A EQUITY OF 9.2 CR
AND I AM EXPECTING 29CR FOR FULL YEAR (EPS OF 31RS)
IT IS TRADING AT 180 (6P.E.)
NORMAL PACAGING COMPANYS QUOTE AT 25 P.E .

EXPECTING PRICE TARGET OF 350.IN THREE MONTHS.