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Thursday, December 3, 2009

JACK POT




 AGRO

10 TO 20% SPURT NOT RULED OUT
Nonstop rally upto Rs.29+ in hrs

Today ,Crossover above 21 will create allround buying.

-Nonstop will kiss 24.50 & there after will hit freeeeze (It's open challenge )
 

Abhey Oswal is the father-in-law of NAVEEN JINDAL who is the Chairman of Jindal Steel and Power and there is again a talk that some projects will get moved in JSnP.NAVNEEN JINDAL is also keen that this company should be made active because it is a cashless company sitting on Rs 1500 cr. (RS60/SHARE)

CATCH BELOW UNKNOWN BABY FROM THE FIELD OF REAL ESTATE

DEBT FREE+CASH SURPLUS+LAND BANK


OSWAL CHEMICALS WILL BE going into a JV for development of 70 acre property at Chembur and largely the entire cash of Rs 1500 crore will get utilized
 

COAL IS GOLD

Oswal Chemicals and Fertilisers (OCFL), part of the Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal firms to acquire thermal coal reserves for captive and commercial use, said a source close to the deal. Thermal coal is used for generating power and making fertilisers.

Although the Indian firm has been offered six thermal coal mines in Indonesia with reserves ranging from 25-260 million tonnes, it’s keen to buy mines having reserves of around 100 million tonne. The deal, if successful, could cost the company anywhere between $30 million and $50 million (Rs 150-250 crore).


Elaborating on the coal blocks offered to OCFL, Mr Bhasin said that Truba mine in South Sumatra with coal reserves of 140 million tonne and East Kalimantan-based PT ACK having reserves of 100 million tonne fit well into OCFL’s coal requirement.

Forget Investment ,Trade & Mint Unexpected Money

Leading Marwai Bull-(NEW )Says target Rs.40+