I received the dividend warrant today by Registered Post. The dividend warrants sent by ordinary post usually get delayed/misrouted/lost during their travel through the postal department. For example I received one of the two Satyam dividend warrants by ordinary post today, although it was posted on 19.9.2008 (as per the franking stamp). The second warrant has so far not been received. Other warrants pertaining to different companies sent by ordinary posts and purpotedly despatched as early as 8.9.2008 have not yet been received.

Our postal department is to primarily to blame. The Department and its employees are the least committed.

Dividend warrants for amounts in excess of Rs.5000/- are mendatorily to be sent by registered post. ...

Dear Me,

The stock is grossly underpriced. Whereas 16.50 is the support 22-23 is the first resistance. Once 22-23 is crossed authentically next resistance would be 27-28.m After that the next resistance is at 36-37, 42-43, 47, 56. The stock deserves a price tag of 63 in the weak market. ...

You may call me anything but that won`t change the reality in realty sector. The writing is on the wall. If you don`t want to read its your loss not mine.

Why don`t you have the courage and write with your ID. You always write as `Guest`. ...

My friend,

I agree with your view.

Having said that, I say that the 2nd qr results are bound to be good for the reason that there are no MTM losses any more. The Company reportedly has not done any futures trading in US$. US$ has appreciated by nearly 20% vis-a-vis INR since the first qr. Although, ESI too is dependent on imports of raw silk from China for which it makes payment in US$ and this aspect will to some extent offset advantage to the Company due to INR depreciation, nonetheless, Company`s value addition to the imports will have positive impact on Company`s bottom line.

U.S. slowdown is not likely to have major impact on ESI topline as only effluent people use Company`s products like home furnishings etc. On the contrary, due to US$ becoming strong, buyers would find it cheap to buy Company`s products.

The third qr is going to be even better as silk products have better marketability during winters.

The Company is reportedly also diversifying into domestic market.

All in all the future augurs well for the Company.

The only negative for the Company is stock`s liquidity. ...

Friends,

Eastern Silk is witnessing great accummulation in the price band 17-18. The counter is ready for a break out soon.

Disclosure: I am a shareholder and to that extent I am interested in the counter....

Friends,

Some times ago I recommended Sun Pharma. In fact I have been constantly recommending it since long.I am a great fan of the counter. The counter has been steady like a rock during this turmultuos period when the stocks of practically all companies, big, medium or small, have been hit hard. The counter is seeing accummulation in the price band 1400-1500. It is ready for abreak out any time now.

A couple of months ago I had given my favourite 10 counters: namely: i) Sun Pharma, Hero Honda, Castrol, Maruti, Cipla, Deccan Cement, amongst others. Most of my recommendations have either improved or at least have been steady even during current turmoil.

Disclosure: I am a shareholder and to that extent I am interested in the counter....

Market Cap of Unitech that was 36.3 Cr (1.21 Cr shares of Rs. 10/- each quoted at Rs.30/- a share) in 2003 went up to 650 x 1.21 x 13 x 5 = 51122.5 Cr by 2006 post 12 : 1 bonus and 5 : 1 stock-split in a short span of 3 years (stock price went up to 650/- post such huge bonus and on announcement of yet another 1 : 1 bonus.

Thus the market cap went up by 1408 times.

Such acts are being done the world over. No doubt the world over there are financial crisis. ...

any idea when the results are going to come? by the way i dint get dividend yet.....

when are we going to get dividend credited? any idea?...

While u r absolutely right that the stock is grossly underpriced, but let us cross the first hurdles of its next support of 22/23....

reality stocks has taken the beating more than in the real market. prices in the market is still holding by the realtors and may be after diwali the prices will plummet and so the decline in the profit margin of the companies. there is still some decline left in the reality stocks....

I too have the same thinking about this share for last few weeks. As I said earlier, I expect the price going upto 22/23 level after the results. I had posted some msgs about this share during last few weeks....

If the 2nd qtr results are as good as its 1st qtr, share may gain upto 22-23/- from current level after the results....

Hi Lietalk! Dont write crap. \\\\...