Tuesday, April 20th, 2010

Questionnaire : Oil & Gas

1. How will we differentiate between private and Govt. upstream companies and which one is better and why?

In India, retail fuel prices are regulated by Govt. If the crude oil prices are high, Oil Marketing Companies (OMCs) bear under recoveries on sale of fuel at lower prices. As per Govt., public upstream companies has [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Tuesday, April 20th, 2010

Sector Outlook

Bank Sector
Rating: Positive
In 3Q 2010, our coverage universe reported positive growth in Net interest income (NII) with decent growth in advances except ICICI Bank. Net interest margins has grown up on back of falling cost of deposit as banks have bolstered their CASA base. We continue to have bullish view on sector since IIP (Index [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Tuesday, April 20th, 2010

BUY : OIL INDIA LTD.

Historically, Oil India Ltd. (OIL) has grown reasonably well compared to its peers and has shown its competitive advantage in the exploration and development of deep-seated thin reservoirs. We expect crude oil prices to remain around US$80/ barrel in near future, which does not pose any financial risk despite its share in subsidy burden. On [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Posted by surabhisharma | Filed in Economy | Comment now »

Friday, February 19th, 2010

Union Budget FY2010-11

The Union Budget FY10-11 is expected to come on 26 Feb’10 and will be the next major trigger for the market.
Finance Minister is expected to provide guidelines for the introduction of the direct and indirect tax reforms i.e. the direct tax code (DTC) and the Goods & Services Tax (GST).
FM may increase excise duties to [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Friday, February 19th, 2010

Oil and Gas view : POSITIVE

Upstream Co: Positive
Downstream Co: Neutral
Gas Co: Positive
Q3 FY10 review: almost in line with our expectations
The Q3 FY10 results were broadly in line with our expectations. The upstream companies posted good profits during the quarter on account of higher average crude oil prices on YoY basis and higher GRMs. Commencement of Rajasthan field (Cairn India) and [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Friday, February 19th, 2010

Mr. Kirit Parikh ’s recommendations

Currently, I am positive on Oil and Gas sector. Keeping in mind the common man’ interest, we anticipate the partial implementation of Mr. Kirit Parikh ’s recommendations, which could lead to a re-rating of the entire sector. We expect a midway approach to these recommendations would improve the earnings visibility of OMCs and could lead [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Posted by surabhisharma | Filed in Crude Oil, Indian stock market, Oil & Gas | Comment now »

Friday, February 19th, 2010

Bharat Forge Ltd.

The dollar index has been rising from the last one month and seems to be heading higher. The stock market is inversely correlated to the dollar index. If dollar index starts falling from here, then we can see a good really in the stock market.
Bharat Forge, a steel forging and general engineering company, posted good [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Posted by kamal | Filed in Indian stock market, Metal, Steel | Comment now »

Friday, February 19th, 2010

ACC Ltd.

ACC Limited is India ’s leading manufacturer of cement, mainly into Bulk Cement and Ready Mix Concrete. In CY09, the company?s improved operational efficiency helped to gain a decent performance, despite lower volumes and reported 33% jump in its net profit. The net sales were up by 10% and OPM improved by 230 bps to [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Posted by harsh | Filed in Cement, Indian stock market | Comment now »

Monday, December 28th, 2009

Major events of 2009: INDIA

For India, 2009 till now, been a great year with the return of a stable government at centre, good FII inflow, 72% increase in the Indian stock market and less terror attacks. But H1N1 influenza and a series of bankruptcy by some big international giants are some events, which we never want to happen again.
Some [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb

Thursday, December 24th, 2009

OIL AND GAS OUTLOOK-2010

Crude Oil

I have a 15 years’ crude oil seasonal price chart. This chart says that from January to September, crude oil prices increase substantially, mainly because of the summer vacation-driving season. Then, in September- October, it becomes sluggish and then in the month of November- December, demand for crude oil weakens because of the reduction [...]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb
Disclaimer: The information contained and provided on www.myvalueresearch.com is of a general nature and it is not the intention of the Owner of the Site to provide any professional advice, recommendation to buy, sell or hold a security to the Registered Users and/or Viewers of the Site. The authors may buy and sell securities before and after any particular article/report/ information herein is published, with respect to the securities discussed in any article/ report posted herein. In no event shall www.myvalueresearch.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.myvalueresearch.com. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. No action is courted on the basis of the contents of the report. It is possible that the articles/views written on the Site can be taken from publicly available sources. The Viewers must exercise due caution and must verify any and all information required to be relied upon and/or seek independent professional advice before the Viewers enters into any commercial or business relationship or transaction with any person or entity, and /or any other party or makes any investment or enters into any financial obligation based solely on any information, statement or opinion which is contained, provided, posted or expressed on the Site. Views expressed are personal and does not represent that of the company where the owner of this Site is working.