IDFC... my OLD Call....

I posted about IDFC just one year back when it was at Rs172/- ... It went up to Rs218 to make a new high and now settle down at 118 levels.....

It is a excellent pick for Long term, those who have picked stake at 172 or above levels can surely average out this stock and should hold for long term.... Yes, there are some concerns over infrastructure financing due to higher interest rates.. Its major clients include those companies for which raw material is coal... so availability of coal is indirectly effecting IDFC.....

There are some developments and news about IDFC recently.... I am summarizing some of them for readers.......

As per the statement issued by Vikram Limaye, loan book of IDFC is expected to get double in coming 3 years....

IDFC has a consolidated networth of USD 2.5 Billion and balance sheet size of 10.7 billion..... IDFC has recently signed an agreement with AFC(Africa Finance Corp) to help indian companies to enter the continent for expansion of their business i.e Infrastructure, mining, power roads etc....

According to me, IDFC is out of the box candidate in this space... Its a company one should love to buy for long term......

Anna, Ramdev & Congress

Friends, I am putting my views on the Anna Hazare movement for Janlokpal Bill & Baba Ramdev Satyagrah against Black money….

4^th June2011 was a black day in Indian history. Nobody thought that government will take such cruel action against a crowd of patriotic peoples who gathered to support Ramdev movement against government to bring back black money. If UPA Govt lead by Congress is thinking that they will forcefully end up this movement then they are doing bid mistake… really big mistake….

When I woke up in morning at 5:30AM on 5^th June, I was surprised to see that news… its really a shameful activity by UPA government….. Nothing has been changed inside Congress Party…. Its like a Private Company lead by a specific group of peoples or very clearly by a family…. They cannot hear the blames of corruption against them…. Were they sleeping When RAJA was allotting 2G Spectrum?? Where was Rahul Gandhi at that time? Did our Prime Minister take any action against his team for doing such thing? Why are they silent….? Why???

To Divert the main theme of Black Money raised by Baba Ramdev, Government is asking to give full information about the Patanjali Trust Money… Mr Digvijay Singh (Who Lost MP to Uma Bharti) is saying venomous words against all those who are raising voices to bring back black money…. If they were to take such cruel action on 4^th June night then why four cabinet minister went to airport to convince Baba Ramdev?? Government has no answer to this…..

Actually Ramdev has attacked the root of corruption… He wants to publish Names of Swiss Bank Account Holder on Internet….. But government is not interested…. Interested kyu honge… koi apne naam internet par khud daalna chahega kya…… everybody knows that Congress has ruled India for 60 years… I have 100% gut feeling that most of account holder names belongs to congress….. that’s why they are not revealing names…. Hasan Ali was the main person to route money to Swiss bank… maximum amount of money of politicians went to swicc bank through the route of Hassan Ali… Nothing has been done against him so far…. Case is going on.. Going on… and going on….. Trust me, this government will not do anything against Hassan Ali…

Corruption has also influenced the common election procedures up to maximum extent…. Political Parties are allowed to spent max 40 lakhs and 16 lakhs parliament election and legislative assembly elections… but we all knows that political parties spent way above than this amount…. 5 crore.. 10 crores or even more…. From where this money comes??? Does any political party has ever disclosed the sources of this money?...NO… they have not… Then why Government is asking to give details of Patanjali Trust….. ?????? … Yesterday Ramdev has declared every details of Pataljali Trust Ledger…. It’s a Strong Reply to Government queries about sources of money for Patanjali trust….. Now Why Not All political Parties declare the source of money which they spend in election, rallies and all other activities.??? Where is our so called YUVRAJ Mr Rahul Gandhi on this issue?? He is lost somewhere? Why didn’t he came if front and spoke about black money??? This is all politics of UPA… they don’t want to reveal names of account holders……

It all started in 1948… BUT Routing of Big Amounts of Black money to Swiss Bank started in 1980s… at the time of Indira Govt… Government invented a new way to churn out black money by doing international Agreements…. Congress came into radar when Audit Beuro of Sweden Confirmed about the commission in the deal of Bofors artillery……

Amazingly government is not doing anything to stop corruption… they didn’t took action against RAJA and Kalmadi easily…. Every time Supreme Court of India has to comment on corruption… How shameless is our government…..

Congress has not changed… 36 years back Indira planned action against the movement of Jai Prakash Narayan(JP) and now in same way against Baba Ramdev……..

At present time… No Political party is ready to fight against Black Money and Corruption seriously…. Nobody is thinking that why a huge mass crowd of common man is with Anna Hazare and Baba Ramdev… One has to think about it….. THERE IS A VOID… VOID CREATED BY POLITICAL PARTIES BY NOT FIGHITING AGAINST CORRUPTION… to fullfull that VOID, common man is coming along with Anna and Baba Ramdev… Somebody has to come forward…. That somebody is now a common man… The so called CIVIL Society….

Rahul Gandhi went to Bhatta Parsoul( a village in Great Noida) and if he can ask UP Chief Minister “Why you have forced Rule 144 in this village” then why he cannot ask his government in delhi about the forceful Rule 144 in RamLeela Maidan….. (jab rahul mayawati se puch sakta hai ki bhatta parsoul mein dhara 144 kyu lagai to kya vo apni sarkaar se nahi puch sakta ki delhi ke ram leela maidan mein dhara 144 kyu lagvayee)………

Now Common Man has doubt against Government for their Policies, their Leaders & their Intentions….

Tecpro Systems and Others…Keep an Eye on these….

Friends, I am mentioning some new stocks which came to my radar recently due to some recent announcements and progress in their business…

Tecpro Systems….CMP:302

KEW Industries..CMP: 8.28

Mafatlal Industries….CMP: 178

Garware Polyester…. CMP: 130

Ester Industries….CMP: 39

Tera Softwares….CMP:50

Among above mentioned stocks, Tecpro System is an excellent pick for long term…. This is a ideal stock to be hold for LT to have golden returns……. Till now nobody has come with a buy report on this stock and nobody uncovered this stock yet….. I will write more on this later on…..

Tera Software is a good story building up…. You can read all announcements on bseindia websites…… good pick for 2-3 years timeframe… fundamentally strong company….

Ester Industry…. I will not surprise if this company gives a bonus in near time…. Highly undervalued stock in its category……

Mafatlal Industry.. some news on land bank capitalization is going on… read announcements on bse website… this company is lead by very strong promoters….

I will write on these one by one in my next posts…

India… History and What we have studied….

Friends… today I am writing something off topic…. About some real and true facts about india and its history…. Most of the the things mentioned below are not mentioned in our child’s regular study books….. I have mentioned one example to test yourself whether you know real truth behind the war between britishers and Rani Laxmi Bai or not? Read it here….

After independence our government didn’t cared about our farmers and farm lands... our government started taking loans from other countries...

We Indians never needed loans from any other country... We got first loan in 1952.... Till 1947 we were the country which didnt have even a single penny of loan from other country.... but we started taking money from other countries in 1952.. The countries who gave us loan in 1952 started putting their terms and conditions across at the same time.... (Even if u take loan from bank it will put across some terms and conditions)...

So World Bank putted across some Terms & Conditions in front of us… First Condition was

1) The Currency in which we take loan should appreciate.. means if India takes loan in Dollar then Dollar should appreciate... Karj Dollar mein loge to uski value appreciate honi chahite.. this condition was putted by World Bank...

So Indian Government started pulling down the value of India Rupee afterwards...

1 Rupee= 1 Dollar (in 1947)

7Rupee = 1 Dollar (in 1952)

….

And trend continued afterwards……

Initially we took loans every 5 years from World Bank i.e in 1957, 1966,1972, 1977, 1982 and then every year from 1982... we took loans every year starting from 1982, 1983, 1984, 1985………..till 2011

Some of our great PMs took loans from World Bank to pay off just Interest of Old Loans......

Finally….Loans got increased....

From 1991 One plicy introduced that was called udaarikaran(Liberalization) then came Vaishvikaran(Globalization).... For my reference i have changed this policy name from udaarikaran to udhaarikaran(loan lena)...Karj lena.. loan lena.. sabne loan liya....

Currently 29 Lakh Crore of loan is pending... all on national government and state governement.... Explaining it more, every Indian has around 36000 Loan.....

Again coming back to conditions put across in front of us

...Second Condition Was....

2) We have to invite all companies of that country to do business in india from which we are taking loans..(jis jis desh se hum loan lenge uski sabhee companies ko hume india mein business karne ka invitation dena padega),.... we have to give them licenses... we have taken loan from 24 countries, so 5000 companies has entered in india so far....

Pepsi, J&J, HUL, Recitt Colman, Coke.... All are here....

One company is here from Canada... BATA... Yes that is BATA... BATA is from Canada... Now the truth is that BATA never manufacture shoes... It gives orders to small Shoe making units and put their Stamp on those shoes.... they are selling shoe of Worth 200 in Rs999... This is a big loot..... really big.... BATA started business in india by just investing 70 Lakh as FDI.... Now they are making Profit of over 175 Crores per year by just Investing 75 Lakhs as FDI.... What Indian Govt is doing?? I dont know... Indian govt just saw those 75 lakhs and didnt not percieved great profits of that company in years to come...

Now Posco.. 50k Crore FDI, considered as Biggest FDI In India... Funny thing is that they will use India resource to make steel and will sell to us in 10 times profit... Why govt is doing that?? why??? Thousands of crores of farming land is being alloted to them in pennies.... in years to come they will make huge profit and trust me they will recover their 50000 crore in just 10 years....

Unilever...Nother One from UK... jis desh mein jati hai usi desh mein us country ka naam laga leti hai.... India unilever Ltd, Pakistan unilever ltd, Indonesia unilever ltd.. so that a common man never understand that it is a foreign company....

Unilever started its business by just investing 24 Crore Rs...Isnt it amazing fact??? Now every year they are making profit of 3000 Crore........ I feel very poor by thinking over this again and again....

Colgate Plamolive.. Started its business in India by just a FDI of 15 Lakhs... now every year they are looting 500 Crore....

Its very shameful to know that these companies are making huge huge profits by just investing very little amount....

Every year 2 lakhs 32 thousand crore is the amount getting out of india through the routes of these companies....

Globalization .. im trying to understand this terminology whether this is correct for us or not.... This is a buzzword from last several years.... I have observed that it is a buzzword in all poor countries... like latin america, south asia, indonesia... hume ye janna hai ki doosre aur hamare desho mein kya hua is globalization se.... we need to find out what was happened in other countries and as well as in india due to this globalization...

In latin america.. globalization started in 1970 and it touches highs in 1980... this globalization package is a dictated by World Bank... there is a specific lobby of economist in world bank who decides whether a particular country needs to globaliza or not? Isnt is ridiculous that a specific lobby decides about it??... this globaliztion script has not written by latin americi government... this was scripted by a certain lobby in world bank and IMF....

There is lot of internals about this buzzword which i dont wanna write here....

Again ….India is in trap of agreements with other countries.... One time we have already lost our independence to Britain due to a wrong agreement with East India Company...

In history we did several agreements with other countries as well..Sikandar came to India and fought... Sikandar defeated and he returned back from India.. At that time he made an agreement with King of India that was "Sikandar made promise that he will not come to attack india again if India King let him free".. at that time Indian king could have killed Sikandar.... Nobody defeated sikandar ever before.... He begged for his life... He promised to never attack india if they will let him go free....Unfortunately we dont have documents on this agreement.. afterwards there was other attacks on India.. Hoon's and Shaka attacked India and both got defeated.... They begged for their lifes.... they got them freed themselves by making an agreement with indian kings....

The oldest agreement is "Agreement between Jahangir(Indian King) and East India Company in 1615"... main objective was "To allow East india company to trade in india and to give them some land to make godown. Also to give them some army men for their security purpose."... From India side there was Jahangir and from Britain side there was Thomas Row to made this agreement.... Thomas Row was first Britisher to come to india for east india company.... this agreement is at National Archives of India Library and at British Library...

Jahangir gave Surat to East India Company.. Surat was known to be very very rich and world famous for its cloths... It was business capital of India at that time... East India Company made its first office in Surat.....

Afterwards, every king made some and some agreement with East India Company and gave some cities to trade... From 1615 to 1857 East India Company made 565 Agreement with different different Kings of India... These are available at National Archive library at New Delhi..... There was very common thing in all agreements and that was its TITLE that was always "Agreement of Friendship"...but inside there was something written in those all agreements....

I am giving you one example...Gangadhar Raw was the King of Jhansi and he made a friendship agreement with East India Company. In that agreement it was mentioned that Gangadhar Raw and East India Company will remain friends... BUT at the end page of that agreement that were some Mischievous wordings mentioned that "If there will not be any son of King than East India Company will be declared as owner of all assets of the king"..... in that agreement 90% language symbolize friendship but 10% language had double meaning.... Unfortunately Gangadhar was not having any Kid and his wife "RANI LAXMI BAI" (well known name)... and both decided that they will adopt a child but britishers didnt got agreed on this adoption.... Britishers declared Jhansi as their property but RANI LAXMI BAI told "mein jhansi nahi dungi".... Britishers attacked....

Satara, Nagpur, Punjab, and 565 states all were declared as East India Property by them due to same types of agreements....

All Agreements that we made between 1615 to 1857 were responsible for losing our independence... Britishers were never defeated India in Arm power, nor in any war, in real meaning they betrayed us by making wrong agreements....Britishers got defeated in every war between them and Maharaja Ranjeet Singh of Punjab.. in same way they got defeated by Haider Ali and then Tipu Sultan... Its very True and real fact that we defeated them in every armed war...... Its true....

Now think .. what we have read in our curriculum books and what not………

I will more about India history in my upcoming posts….

KNR Constructions..CMP:100…Excellent Pick

KNR Construction is one of the best company in Infra Space and a excellent company to be hold for long term…..

KNRCL is a multi domain infrastructure development organization with more than 2 decades of experience and executes the construction of technically complex and high value projects across segments such as Express Ways, National/ State highways & Rural Roads, Bridges, Irrigations Projects, Flyovers, Commercial & Residential Projects….

It was incorporated in 1995 by professionals having experience in the field of infrastructure development and is an ISO 9001:2000 Certified company….. KNR Construction has main focus on BOT based Projects in Infrastructure Domain. … It has completed 8 successful projects of highways and 5 highway projects are ongoing currently…..

They are currently executing 3 Irrigation projects of Irrigation in Hyderabad of worth 2242Million with other joint venture partners….

It has Highest PAT Margin across Infra Sector….Two Major BOT Projects has already been completed and Total order book stands at 1500 Crore…. It has MCap of 290 Crores… a company which have market value of 290 crore has order book of 1500 crore, this is an amazing figure by any mean…..

On a market cap of 290 crores and equity of 28 crores it has posted Net Profit of 120 crore….

Only 10% of total shares are with public… means 90% equity is in strong hands… Including HDFC and Patel Engineering, these two holds around 15% of total equity…..

From last 5 years companies topline , bottom line and EPS is growing at a n healthy rate….

Best Part is , it has come down from all time high of Rs214 to level of 100Rs… According to me its an excellent opportunity to buy and hold…..