Coromandel Fertilisers

NSE Announcements on Coromandel Fert

Posted by : MMB Messenger
Price when posted : [Coromandel Fert - BSE:Rs. 103.80 NSE:Rs. 105.70 when posted]

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Coromandel Fertilisers Ltd. has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter/half year ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Buy and Hold

Posted by : vkk43
Price when posted : BSE: Rs 116.95 ( 1.39 % ), NSE: Rs. 117.35 ( 2.00 % )

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Thanks for your views. I too really think once this rally is over, market should fall once again when this share should also fall and next bull market we are not going to see in a hurry. But if this share comes to the targetted level, it could be looked into at that time for LT investment.
Rupee too find its own level around 45/46 within a couple of months....

In reply to:

Buy and Hold

Posted by : dereckaf

I think "Don`t buy" until next year. US/Europe is in very bad shape. But it creates a good opportunity in Coromandel.

Lets wait a little. Lets focus on our domestic economy-Agriculture. I think Agriculture is at a bottom, real bottom. I find Coromandel a little diversified in Fertilizers. Its focus is on Andhra Pradesh, which is very focussed on agriculture.

Coromandel might rally to 124-135. But it can`t hold that beyond Dec.

After Jan 10th. Lets watch the market. That is when US unemployment data will be real bad. Indian companies will be forced to cut labor too.

So in this gloom, we can pick some real bargains. The bull market is in no hurry to resume. But companies like coromandel are hard to find.

One benefit I see is that if Rupee appreciates to 44 level, this company will benefit as it imports some import raw materials (Potash and Natural Gas).

I think rupee should be back to 44 by March. US is in deep trouble.

Buy and Hold

Posted by : dereckaf
Price when posted : BSE: Rs 116.95 ( 1.39 % ), NSE: Rs. 117.35 ( 2.00 % )

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I think "Don`t buy" until next year. US/Europe is in very bad shape. But it creates a good opportunity in Coromandel.

Lets wait a little. Lets focus on our domestic economy-Agriculture. I think Agriculture is at a bottom, real bottom. I find Coromandel a little diversified in Fertilizers. Its focus is on Andhra Pradesh, which is very focussed on agriculture.

Coromandel might rally to 124-135. But it can`t hold that beyond Dec.

After Jan 10th. Lets watch the market. That is when US unemployment data will be real bad. Indian companies will be forced to cut labor too.

So in this gloom, we can pick some real bargains. The bull market is in no hurry to resume. But companies like coromandel are hard to find.

One benefit I see is that if Rupee appreciates to 44 level, this company will benefit as it imports some import raw materials (Potash and Natural Gas).

I think rupee should be back to 44 by March. US is in deep trouble.
...

In reply to:

Buy and Hold

Posted by : vkk43

Yes you are right. This share is good for LT investment around 90/100.

Buy and Hold

Posted by : vkk43
Price when posted : BSE: Rs 116.95 ( 1.39 % ), NSE: Rs. 117.35 ( 2.00 % )

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Yes you are right. This share is good for LT investment around 90/100....

In reply to:

Buy and Hold

Posted by : dereckaf

Buy and Hold this stock from 90-100. You will get these levels by Jan end. Its too cheap and the future is very bright. Doesn`t depend on a recession in the US. And there is huge demand for the fertilizers it produces.

Buy and Hold

Posted by : dereckaf
Price when posted : BSE: Rs 116.95 ( 1.39 % ), NSE: Rs. 117.35 ( 2.00 % )

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Buy and Hold this stock from 90-100. You will get these levels by Jan end. Its too cheap and the future is very bright. Doesn`t depend on a recession in the US. And there is huge demand for the fertilizers it produces....

NSE Announcements on Coromandel Fert

Posted by : MMB Messenger
Price when posted : [Coromandel Fert - BSE:Rs. 134.50 NSE:Rs. 134.65 when posted]

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Coromandel Fertilisers Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held today i.e. October 22, 2008, approved a proposal to explore the possibilities of commencing pesticides business in Latin America, including forming of a Limited Liability Partnership firm. Further, the Remuneration & Nomination Committee of Board of CFL (Coromandel Fertilisers Ltd), at its meeting held today i.e. October 22, 2008, granted 227800 options at an exercise price of Rs.125.50 to the executives under the Employee Stock Option Scheme 2007. These Options would vest over a period of 4 years exercisable within a period of 3 years from the date of vesting. The Board also reconstituted the Audit Committee by inducting Mr. K Balasubramanian (Independent Director on the Board of CFL) as a Member....

BSE Announcements on Coromandel Fert

Posted by : MMB Messenger
Price when posted : [Coromandel Fert - BSE:Rs. 134.50 NSE:Rs. 134.65 when posted]

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Coromandel Fertilisers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2008, inter alia, has approved a proposal to explore the possibilities of commencing pesticides business in Latin America, including forming of a Limited Liability partnership firm.

Further the Company has informed that, the Remuneration & Nomination Committee of the Board of the Company at its meeting held October 22, 2008, has granted 227800 options at an exercise price of Rs 125.50 to the executives under the Employee Stock Option Scheme 2007. These Options would vest over a period of 4 years exercisable within a period of 3 years from the date of vesting.

The Board also reconstituted the Audit Committee by inducting Mr. K Balasubramanian (Independent Director on the Board of the Company) as a Member....

BSE Announcements on Coromandel Fert

Posted by : MMB Messenger
Price when posted : [Coromandel Fert - BSE:Rs. 130.50 NSE:Rs. 130.20 when posted]

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Coromandel Fertilisers Ltd has informed BSE about the unaudited Standalone & Consolidated financial results for the Quarter ended Sep 30, 2008....