IKF TECHNOLOGIES LIMITED

DISCLAIMER–the following article was written through research using the internet,exchange websites and print media.All the data so collected has not been personaly verified.Readers(if any), pls do your own verifiction before investing.

BSE CODE-532414

CMP-rs 7.30(18\9\2007)

RISK-high risk,high return

HISTORY-Incorporated in 2000,became a public holding,hurriedly in 2001 as ikf software,it later changed its name to ikf technologies.Started as a software company with expertise in the area of wireless data system and WDC.Later strayed to different areas.

PRESENT AREA OF OPERATION-1. IT@Telecom 2.ITES 3.BIO-FUEL

PROMOTER HOLDING- low,about 4.1%.Has been decreasing since inception.But this is due to equity dilution and not because of the promoters selling.However it may be noted that FII’S have been showing some interest of late.They presently hold 1.59% .

FINANCIALS-Very average.Claims to have recorded a turnover of 100 crores for 2006-07.(If you go through its financials,you will suerly be as confused as me)

SO WHATS THE BUZZ- Well its their bio-fuel venture which they are pursuing aggressively.presently bio-fuel is being mixed with diesel.Europe is presently mixing biofuel.there it has to be 5% by 2010 7.5% by 2015 and 10% by 2020.Biofuel according to some has a great future.Its advantages include,lower oil import,lesser pollution,greater engine life,better drivability.Some global majors have set shop in india for the same (KTK GERMAN BIO,BRITISH PETROLEUM ETC).even Daimler chrysler has set up a plan,mainly for trials.It is testing cars that can run on pure biofuel.

although there are lot of players including multinationls,ikf tech seems to have early starter advantage. so what is it doing?

1. it has set up refinery in rajastan and is presently expanding capacity. 2.It is undertaking contract farming of jatropha seeds in 5000 hectors 3.it has acquired land in meghalaya and is cultivating the same there. 4.it has agreement with IOC for perfecting mixing grade biodiesel 5.it has approched few african nations for buying 150000 hectors of wasteland for cultivating jatropha .permission awaited . although number of european countries are also buying land in africa for the same purpose,no one is as agressive as ikf.

all in all it is high risk stock.if indeed biofuel becomes fuel of the future as is being projected and if this is genuine company,we have 10 bagger here. The risk is minimal.Suppose you invest 70000,you will loose 20-30 thousnd t the most.however there is good chance of erning 7 lak.So if you re willing to take risk nd wait for two year,start nibbling at this one in small packets.

PLEASE READ THE COMMENT

SUJANA UNIVERSAL INDUSTRIES LTD

September 18th, 2007 by nikin

BSE CODE-517224

CMP-19(18/9/2007)

RISK-Medium to high

HISTORY-started in 1986 as sujana domestic appliances mainly for manuafcturing ceiling fans. later diversified into other activities. later was renamed sujana universal industries in 2003. It hs sister concern called sujana metals which recently split into sujana metals and sujana towers.

AREA OF OPERATION -1.Appliances and bearings 2.casting 3.steel products(details at www.sujana.com).Recently they have announced foray into real estate development,the details of which are sketchy.

PROMOTERS STAKE-Is increasing steadily and is 22% at present as against 16.7% last june.Recently they have alloted themselves 40,00.000 shares at 2o.50 and also 49,00,000 lakh warrants t the same price. so their stake will go up further

FINANCIAL’S -company made a turnaround in 06-07.It has restructured most of its debts.Present EPS is around 5 and PE 4.(they follow JULY TO JUNE FINANCIAL CYCLE)

WHY BUY? -1.Its peers are trading at PE of round 10.There could be re-rating for this stock. 2.There seems to be some foray into real estate development,which could increase both the top and bottom line. 3.BCLL has aquired 3000000 shares last year at 35 and is still holding 4.during the last quarter several brokerage houses ,including religare(8,72,000) ,insight share brokers(11,80,000) which i think belongs to the sriram group are accumulating. 4.Mavi investments have picked up 11 lakh shares,also in the last quarter. 5,IT Has a contract with bajaj electricals to supply fan to them. 6.with impetus on rural electrification electric appliances especially fan sales will zoom.Sujana’s padmini brand of ans has band recall atleast in south india.

All in all investment can be considered in this scrip as the downside is limited and it could double in one year.However there is no saying when he upmove will start.Patience is the key

Public” holding more than 1% Sr. No. Name of the shareholder No. of shares S 1 Stressed Assets Stab Fund 2155860(2.57%) 2 Bennett Coleman & Co Ltd 3000000(3.57%) 3 Insight Share Brokers Ltd 1180590(1.41%) 4 Mavi Investment Fund Ltd 1600000(1.91%) 5 Religare Securities Ltd 872500 (1.4%) Total 8808950

us varisity insults iranian president

My my my…….the irrepressible,inscrutable yankee’s.Ok ok let us be magnanimous and say,like the president”bollinger like americans”.

what was he thinking,this bollinger guy?didn’t the thought that he was insulting a nation and not just a individual cross his mind for a moment.If he was so bent upon putting across his views,he could have been a little more diplomatic and asked uncomfortable questions.But no sir.I will not only insult my guest but also pre-judge his response by stating “i doubt that you will have the intellectual courage to answer these questions”.

now what was mr bollinger saying?

“YOU are either brazenly provocative or astonishingly uneducated”…… mr bollinger,This is a apt description of your president then that of the iranian president.

“you exhibit all the signs of a petty and cruel dictator”…..Sir, i think its you who is being petty and cruel.

Forget all that.What has bollinger achieved by this unwarranted vitriolic attack?America has made more enemies.

As the president rightly pointed out, this nation which has a nuclear stockpile to blow the whole world many times over and has the distinction of being the only nation to have ever used the same wants others to give up their rights and in the process be forever subversive to it.

now bollinger talks of iran aiding insurgents in iraq.When his govt was arming the mujaidins to the teeth in afganistan to fight the communists he was in deep slumber.I am sure,you dont even know it was your govt that created the Laden’s of this world.

The whole world is aghast at your behaviour mr bollinger .The world hopes the rest of america is also equally horrified.