JMC PROJECT————–We look to profitable growth and success.
yes kukkuji holding good qty of JMC projects.
great call kukkuji, as always.
thanx a lot for all the help and advices to our group
best rgds ER ===
On 9/12/07, kukku picks wrote: > > *stock flared up today to 355.* > > > from rs 170/175 to 355 in last five months. > > > i hope many of us holding the same. > > > cheers investors. > > > kukku > > > On 09/07/2007, Yasir Ahmed Sait wrote: > > > > A close above 315 / 317 will confirm upward move. > > > > > > > > Targets are 335 / 350. > > > > > > > > *And whosoever fears **Allaah** and keeps his duty to Him, He will make > > a way for him to get out (from every difficulty). > > > > And He will provide him from (sources) he never could imagine” > > > > [al-Talaaq 65:2-3]* > > > > > > > > *From:* investmentsupergrowth@googlegroups.com [mailto: > > investmentsupergrowth@googlegroups.com] *On Behalf Of *kukku picks > > *Sent:* Friday, July 06, 2007 4:44 PM > > *To:* investmentsupergrowth > > *Subject:* [ISG:51741] Re: JMC PROJECT————–We look to > > profitable growth and success. > > > > > > > > i hope long term investors must have created good wealth in this stock. > > > > > > > > today stock was locked at rs 310 & closed at new high. > > > > > > > > i am not technical expert but i feel stock is heading for bigger > > targets. > > > > > > > > investor members may pl share view. > > > > > > > > > > > > kukku > > > > > > > > On 25/06/07, *kukku picks* wrote: > > > > *To the Shareholders,* > > > > The mood in the economy continues to be upbeat and confident. India Inc. > > is making big strides both within the country and globally. Manufacturing > > and Services drove the surge while Agriculture growth slackened in this > > year. The bullish trend is likely to continue in the foreseeable future. The > > thrust on economic liberalization has boost up capital investments by > > Government and Private sector in Industrial and Service sectors. Primary and > > secondary capital markets are soaring with fresh capital. Changes in > > socio-economic pattern, higher per capita income, increase in savings and > > investment as a % of GDP and technological up-gradation have been driving up > > demand for goods and services. However, supply-demand gap, mounting forex > > reserves and a high expansion in credit fuelled inflation. It remains to be > > seen how speedily and effectively, the Government is able to contain the > > inflation without affecting growth momentum. > > > > > > With robust investment taking place in all the sectors of the economy > > and investments committed by Government on infrastructure, it is > > exhilarating time for Construction Industry. The average growth rate has > > consistently stayed around 12% -15%. There are plenty of opportunities > > coming up in construction business. As there are no entry barriers in the > > industry, new players keep on increasing day by day leading to fierce > > competition and eventually squeeze on margins. The growth has been evenly > > spread across various infrastructure sector but roads, urban infrastructure, > > power, water pipelines and railways lead the way. Given the positive > > economic climate and sound fundamentals, the industry is poised for a big > > leap forward. > > > > > > The industry is growing despite facing various issues relating to > > contracting, ambiguity and disparity in indirect tax structure in different > > States resulting into multiplicity of taxes, cascading effect on > > construction cost on account of double taxation in service tax, severe > > crunch of skilled and unskilled manpower, lack of price control mechanism > > for critical inputs etc. The Government needs to recognize and address some > > of these issues for > > sustained development of the sector. > > > > After going through some lean times in last couple of years, JMC has > > once again started building block. of success quite remarkably. It has once > > again demonstrated its ability to scale up which is vital for longevity and > > prosperity. We may call it “Resurgence of JMC”. > > > > > > FY 2006-2007 has been impressive in terms of business growth and > > financial performance as the figures speak for themselves. The Company has > > achieved a milestone in turnover by surpassing Rs. 5,000 million for the > > first time. There is a significant improvement in profit margins too as > > compared to the previous period. Along with growth, the Company has made > > qualitative improvements in various financial parameters which will enable > > us to consolidate the financial strength in the long run. While > > infrastructure business continue to grow steadily, the Company has been > > successful in getting large building projects from reputed clients > > signifying the utmost trust and confidence in your Company’s capabilities in > > meeting with client’s expectations and delivering the results. > > > > As you may be aware, since February, 2007, JMC has become Subsidiary > > Company of Kalpataru Power Transmission Ltd. (KPTL) which is now holding 52% > > stake. We are happy to share that, KPTL has achieved turnover of Rs. 15,670 > > million and Profit after Tax (PAT) of Rs. 1,595 million for FY 2006-2007 > > signifying improvement of 80% and 138% respectively over the previous year. > > KPTL, a leader in EPC contracting and Infrastructure services is expanding > > its horizons by entering into new business areas as well as spreading > > geographical base within India and globally. > > > > > > A rejuvenated JMC is ramping up all the resources and extending its > > footprints in all the dimensions of construction activities. The Company has > > already set-up a division to focus exclusively in power sector and we have > > already secured three projects from BHEL, L&T and Elecon Engg. We are also > > focusing on new areas such as water / drainage pipelines, railways, > > airports, urban infrastructure etc., which are going to be major thrust in > > coming years. > > > > > > In the coming year, we will have major challenges in terms of not only > > achieving time bound execution of critical projects and augment order book > > position but also to manage growth. We need to introduce and implement best > > management practices in all the functions to sustain growth momentum. Having > > identified the need to attract and retain the best talent and skilled > > manpower, the Company has taken up HR initiatives by providing required > > training and up-gradation of skills on top priority. We do believe in > > sharing prosperity with our committed employees and we have decided to > > introduce ESOP in coming year. It will serve as good reward mechanism for > > the employees and ensure stability in the organization through retention of > > key personnel. The Company has already started efforts in setting up > > integrated Project Management System which will be ready for > > implementation by end of this year. It will provide us an effective tool for > > better project management and cost control. > > > > > > With opening order backlog of nearly Rs. 12,000 million and few more > > orders expected, the Company is poised to achieve substantial and healthy > > growth in the coming year. We look forward to the continued support of all > > its stake holders on its journey to profitable growth and success. > > > > > > Before I conclude, I would also like to acknowledge and thank for > > continued support from our Bankers, Vendors, Business associates and Stake > > holders who have always supported and remained as a backbone of the Company. > > > > > > > > > > *Hemant Modi** > > *Vice Chairman > > > > > > > > — > > > > > > > > > > — > > http://groups.google.co.in/group/investmentsupergrowth > > > > Why do you waver, O mortal being? The Creator Lord Himself shall protect > > you. He who created you, will also give you nourishment. || > > The One who created the world, takes care of it. In each and every > > heart and mind, the Lord is the True Cherisher. || > > > > > > > > > — > http://groups.google.co.in/group/investmentsupergrowth > IMPORTANT DISCLAIMER Investment in equity shares has its own risks. > Sincere efforts have been made to present the right investment > perspective.The information contained herein is based on analysis and up > on sources that we consider reliable. I, however, do not vouch for the > accuracy or the completeness thereof. This material is for personal > information and I am not responsible for any loss incurred based upon it.& > take no responsibility whatsoever for any financial profits or loss which > may arise from the recommendations above. > > >
