FINANCE & STOCK ADVICE: My View On Pyramid Saimira

About The Company

This stock has not been popular among the investors in the capital market but due to some news driven in the stock from recent times has bought it into lime light.

1. First came the “SEBI fake letter” on the open offer. Then a days ago it was news about the promoter – Mr.P.Saminathan having sold shares which he refuted.

2. Then the latest has been the news about Sun TV eyeing a stake in the company. This again was refuted by the management.

3. Promoter Nirmal Kotecha had sold his entire holding of 0.24% in the company, after which he now holds no shares in the company. He earlier held a 25% stake and had been selling since November last year. Though the management clarified that Kotecha is neither a director nor a major stakeholder of the company, also he himself had resigned as a non-executive and non-independent Director from the board of the company in November 08’. Yet this seemed to be the last straw for the punters and the stock price plunged to a new low yesterday at Rs.21 on the BSE. But this persistent being in the news of the company has dented the reputation and it seems to have become more of a speculative stock than be ruled by fundamentals.

About The Results

The company has posted results for the third quarter ended 31^st Dec 09’, the company had a net loss of Rs 74.7 crore versus profit of Rs 29.8 crore. Its total income was at Rs 138 crore versus Rs 231.4 crore. It posted a MTM forex loss of Rs.76 crore. The company suffered a loss of Rs.40 crore in Tamil film called Kuchelan. The success rate of films was above 20% in FY08 but now in Q3FY09 it has come down to around 10% and that has impacted the bottomline.

Q4 is not expected to be very good. People will start going to movies only when there is some job security and assurance of having a regular source of income. Going to movies is no longer cheap and people are now careful about spending money. A family of four going for a movie sets it back by around Rs.1000 and when there is a slowdown, this is one luxury people will avoid till sentiments improve.

About The Stock

The stock is purely volatile on basis of the news driven one after another. For conservative investors it would be a risk play. Better to stay away from the counter.

Disclaimer : I do not have any personal holding in this stock.

MULTI BAGGER STOCK GROUP

Some of my group's multi bagger picks during the rally were NMDC , MMTC , STC , Larsen ,Jindal Steel & Power , Unitech , BF Utilities , Jai Corporation , Walchand Nagar Industries, RNRL , Reliance Infra (Reliance Energy) etc.

I had been long associated with a corporate engaged in financial services , where with the assistance of specialized tools along with my special analysis as per some historical accepted theories of stock market like W. D. GANN's Theory , Elliot Wave Theory and others are used with reliable insider information of so called " operators" who play a major role to make a stock ,a Multi Bagger ,I do make my gem picks in this market.

I had been running my group , where the associated people get the reliable and most beneficial to get the unexpected return as seen in the above mentioned tips. Say for example the stock called MMTC had jumped from 2000 level to 56000 per share of historical price where the capital appreciated by 28 times in very short period with 2700% return on capital employed. Likewise in RNRL we started accumulating at RS 25 level from where we saw it moving at 250 level giving 10 times with 900% return.

These sort of return is helpful as ,

1. Handsome gain will make a jack to our capital.

2. Limited stocks trade , as daily trade could be avoided , which is more risky.

3. Long term capital gain , so no tax liability.

4. Whole income in white, which could be further deposited into fixed deposit to get assured monthly income later.

5. Strong income tax file without paying any taxes.

Our role here could be summarized as :

1. Giving tips to all registered member at proper time , when the stock is just about to take off, neither too early not too late.

2. Make sure investor do not gt stuck into it.

3. Recommend to exit when the operator is about to leave it.which is the most important work or else the whole accumulated and deemed profit will be washed away along with part of investment and will remain stuck for long - long period.


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My View On Pyramid Saimira