Indian Stock Market

Yes i think so…the target for the company is Rs 250 in 12 months…i thought it was outrageous in the beginning…but i think its possible…would send whatever updates i can get..
Regards,
Parthiv Shah.
On 9/13/07, Jitesh Singh wrote: > > There is some acquisition lined up, or transfer of some parents subsidiary > to this company, The topline would become thrice the current size. The new= s > is expected to be out somewhere in November… > > please note… this is not my analysis, just information from sources, > please confirm > > On 9/13/07, parthiv shah wrote: > > > > Stock flared up to 385 in just some time…got a call to buy from sify > > biz for intra day….is there any news coming???? > > > > Regards, > > Parthiv Shah > > > > > > On 9/12/07, Jitesh Singh wrote: > > > > > > Dear All > > > > > > Please find the excerpts of a report that read about the above > > > mentioned company > > > > > > > > > > > > Schrader Duncan Limited (SSD) is an Indo American Joint Venture with > > > the Gates Group of Companies, U.S.A., a 4 bn dollar global major > > > engaged in the manufacture and distribution of automotive components, = power > > > transmission belts, hoses, wiper systems, lubricating systems, etc. Ga= tes > > > Group of Companies are head quartered in Denver, Colorado, U.S.A. with > > > operations in the U.S., Brazil, Mexico, U.K., France, India, Australia > > > and China. Schrader Duncan Eq 3.6 crs US promoter holds 50% whereas J > > > P Goenka holds 25% and current market cap - close to 130 crs > > > > > > Top line of Rs 70 odd crs through 4 factories at Mumbai, Nashik, Mhape > > > and now Pune > > > > > > Rising costs world over and India’s competence in this niche market > > > and growing world market share in automobiles Schrader has no choice t= hat to > > > spread its wings in India. > > > > > > Presto another US co and major player in automobiles and industrial > > > products is keen to enter India in a big way and it has already opened= an > > > office in Andheri to keep close watch on development in this segment. = It is > > > heard from reliable sources that Presto has already made an attempt to > > > become partner in S S Duncan which is just not possible without Schrad= er > > > moving out. > > > > > > Schrader started taking interest in late 2006 when it took decision to > > > sell off 2 acre land at Mumbai for Rs 28 crs. After paying tax and VRS= and > > > paying Rs 17 as extra dividend, Schrader put anther plant at Ranjangao= n Pune > > > to shift its automotive division of Mulund….. > > > it is expected that this should happen in next 2 months and the > > > commercial production should start by Nov 2007 at Ranjangaon. > > > > > > The remained land of 4.5 acre which a premier land in MUMBAI adjoining > > > NIRMAL LIFE STYLE where present automotive division is working will be= come > > > vacant. > > > > > > GATES is now geared to outsource form India in a big and therefore it > > > was necessary for Schrader to impart better technology and expanded pr= oduct > > > base for India because with just small product profile the vertical gr= owth > > > was just not possible. > > > > > > Gates is India’s most advanced and complete hose manufacturer. As the > > > Indian subsidiary of The Gates Corporation, USA, it has established it= self > > > firmly in the Indian hose market. Equipped with the latest technology,= the > > > manufacturing facility of Gates India is spread over an area of 35 acr= es at > > > Lalru, near Chandigarh. Gates India is the one of the newest Gates > > > facilities, manufacturing hydraulic & industrial hoses and is backed b= y > > > sufficient captive power generation. > > > > > > > > > Indian client=E8le > > > Construction & Heavy Equipment Manufacturers viz. Caterpillar India, > > > Escorts Construction, Greaves, Gujarat Apollo, Ingersoll Rand, JCB-Ind= ia, > > > L&T > > > > > > Other OEMs such as Ashok Leyland, Cummins India, Eicher, Ferromatik- > > > Milacron, Godrej, Inductotherm-India, Kirloskar Oil Engines, L&T Pumps= , > > > Midco, Tata Motors, > > > > > > Mining Sector such as Eimco Elecon, Simplex, various subsidiaries of > > > Coal India Ltd. and Singareni Collieries Company Ltd. > > > > > > Oil Sector such as ONGC, IOCL, BPCL, HPCL, IBP, Reliance,… > > > > > > Steel Manufacturers viz. SAIL Bhilai, SAIL Bokaro, TISCO, Vizag Steel > > > Plant, Ispat,Jindal… > > > > > > Cement Plants like ACC, Birla Cements, Century Cement, Gujarat Ambuja, > > > India Cements and more. > > > > > > Global Clients > > > Case New Holland, Caterpillar, Chrysler, Ditch Witch, Ford, General > > > Motors, Hitachi, Ingersoll Rand, JCB, John Deere, JLG, Komatsu, Nissan= , > > > Toyota, and Vermeer amongst others > > > > > > > > > SS Duncan may sell its Mumbai property and the estimated realizable > > > price of the piece of land 4.5 acre could fetch close to Rs 275 crs if > > > sold in land form and could fetch Rs 360 crs if developed (net of cost= s). > > > > > > The report has given very aggressive target… > > > > > > > > > > > > Due to constraints I cannot post the report however would want > > > seniors to comment on the same > > > > > > > > > Thank you > > > > > > > > > > > > > > > > > > > > > > > > >