screaming buy at 12 . at 1o one should consider selling house and buy mangalore...

hold om ,company will be as big as l &t in 3- 5 years...

stock should rise post this meeting...

10 in 3 , please confirm your still positive on IEC . ...

its a gem and will do well . start buying below 30 . 100 is sure i feel...

Fertilisers-Fall In Margins, Production Cut At Mosaic Un-nerves traders
Mosaic, Potash, Agrium, CF Holdings, Bunge and a host of marquee names from the commodities space were bludgeoned as ever increasing signs of a global recession emerge.

Unavailibility of Natural Gas, Poor GOI Finances and Tight Pricing Control on GNFC, GSFC, Chambal, Zuari and their like should sink in Bombay, even as Gujarat Government`s whip to divert 30 per cent of PBT to designated charities further stifles finances of State Owned Entities in Gujarat.

Shares of fertilizer companies were wilting on Thursday after Mosaic`s first-quarter earnings missed Wall Street`s expectations, and a Merrill Lynch analyst downgraded the sector on concerns about near-term earnings.

Shares of Mosaic (nyse: MOS - news - people ) lost $20.65, or 30.6%, to $46.86, during Thursday`s afternoon trading session and CF Industries Holdings (nyse: CF - news - people ) shed $20.77, or 23.4% at $67.86. Potash (nyse: POT - news - people )`s stock lost $25.25, or 19.7%, to $102.79, and Agrium (nyse: AGU - news - people ) was down by $11.62, or 21.2%, at $43.28. Merrill Lynch downgraded the sector to "underperform" from "buy."

Mosaic said high selling prices supported by strong fundamentals in the agricultural sector boosted earnings and helped sales more than double in the first quarter.

Despite nearly tripled profits, earnings missed expectations and investors were disappointed by the company`s plan to cut phosphate production by 500,000 to 1.0 million tons to balance high inventory levels. The company`s potash business meanwhile, experienced robust demand, helped by strikes at mines operated by rival Potash. In August, Mosaic said potash inventories hit record lows.

Late Wednesday, the company said first-quarter net earnings nearly tripled, to $1.2 billion, or $2.65 a share, from $305.5 million, or 69 cents a share, a year ago. Gains from foreign currency amounted to $86.7 million, or 13 cents a share, compared with last year`s loss of $19.4 million, or 3 cents a share.

The company said gains from increased selling prices were offset by higher raw material costs and taxes . Sales more than doubled, to $4.3 billion, from $2.0 billion in the prior year. Analysts expected earnings of $2.94 a share and sales of $4.1 billion.


Citi Analyst Brian Yu said Mosaic were falling on the company`s reduced guidance on year-end phosphate sales volume, which it now expects to be in the range of 8.0 million to 9.0 million metric tons, down from 9.0 million to 9.4 million.
Yu said he expects fertilizer demand to remain strong given current concerns about global grain and oilseed supply levels and maintained a buy rating on Mosaic.

...

[News Analysis: Lead to Cash] - Rs 50Cr lift for Edurite's mega expansion plans (ET) - Sat, Sep 27, 2008
On Sept 27th, one interesting news appeared on ET (Page 6), it was on the expansion plan for Edurite Technologies a Bangalore-based educational content company started by Prof Jawahar, director - PES Institutions and G S Ravi.

Edurite's 2007 revenue was $2mn. They are planning to raise Rs50Cr thru PE funding for the purpose of expansion (Refer details on expansion mentioned in the newspaper, since it is not a listed company hence no point of mentioning in detail here) . It is targetting a topline of $100mn by 2010-11!!!

Yes, from a revenue of Rs8Cr to Rs400Cr (assuming $1=Rs40) in just 4 years time.....a 50times increase in revenue in just 4 years, shocking indeed!!!

But they can achieve this target just because they are in the right business at the right time and that the business is EDUCATION SECTOR (Read an exhaustive research on Education Sector & Best Companies available for investment which are reco by HBJ Capital team). One more reason because Edurite is acquired by Tutorvista who owned by entrepreneur K Ganesh who is well respected personality.
...

I would rather buy a piece of land in Mangalore than MCF....

AGREE with you . Today , however the stock will tank post 3 pm...

jasavi, Let us now discuss about the stocks which can perform well in 3 months to 1 year, rather than 3 years. If you talk about such a long time duration, there are countless stocks which can yield 200-500 percent. Shift your focus to front line stocks till the market show some positive trend. IEC and Jai Coprn may be availabe much more cheaper in the near future. Just forget about Indusvista for the time being. ...

In Mangalore chemicals & fert counter, please talk only about this. The other boarders are using this as marketing tool. y r u people talking about other scripts in this forum. STOP IT NOW....

Dear jasavi, Sorry, Due to time constraints, I have stopped posting any views in MMB for the time being. It is absorbing too much of time to be an active memeber in MMB. As per my simple calculation, I have spent not less than 35 working days (5 mnts per message at an avg and working day of 8 hrs) in 3 years time only to post my views in MMB and as per me it is not worth spending that much time. Anyways I shall be reading the messages whenever possible. Best regards...KJP....

Jasavi, what is your view on Induvista venture 512219 .There is nothing to loose here at 26.90 because there is buy back of 20 percent at 25.50 end october2008.But if it turns out to be big one then it;s a bigie. No pain no gain. thanks....

Hi,Jasavi, Some say its INDUVISTA VENTURE bse code 512219, indirect takeover Fina venture the aquairer managed by Saffron capital again , much hyped SKILL backdoor listing ?. any idea ???........ ...