UNLOCKING VALUE IN FEW IT STOCKS

[DIPIN]

Hi

Its been long since I  posted any recommendation on this group.Please find enclosed a doc containing few IT stocks which I think can be added to one's portfolio at current levels for a decent upside

"Why worry about the cost of living while we should actually be worrying about the cost of Not living a Life to our highest potential"

Dipin Kwatra
9810063616

[DIPIN]

Mahindra Satyam seeks more time for a/c restatement IT services provider Mahindra Satyam, which is undergoing a restatement of accounts, has sought additional time from the Company Law Board to file the required financial results by September-end this year in India. The company, hit by the Rs 7,000-crore fraud last year, was to submit the financial statements for 2008 and 2009 quarterly reports by June 30 this year.  The company has also sought an exemption from publishing the quarterly results for the quarter ended December 31, 2008 till the quarter ended March 31, 2010. While the scam broke out in January 2009, Tech Mahindra had bought the firm in April 2009, post the government taking control over the board after the scam hit. Now, Mahindra Satyam hopes the Company Law Board will allow it to publish its financial results in India for the quarter ended June 30, 2010, at the same time as its financial results for the quarter ended September 30, 2010. “The auditors did not have access to documents that were held with the investigating agencies so far and so the company has sought for an extension of three months. While we have recently got the go ahead for access to these documents the auditors—KPMG and Deloitte would need some time,” said a source.  Prior to this, erstwhile Satyam Computers had sought an extension twice to file the financial details in India. The Company Law Board had extended the deadline from the December 2009, to March 2010 and then June 30, 2010 to restate the accounts. On the other hand, the New York Stock Exchange has given it time till October 15, 2010, to file its annual report and allowed it to remain listed on the US bourse till then. Global audit firms KPMG and Deloitte had initiated restating accounts of the firm after disgraced founder B Ramalinga Raju confessed to have orchestrated the fraud.  Earlier, Satyam’s accounts were audited by PriceWaterhouse, but the ties were snapped as two of its auditors are charged of involvement in the fraud. The company was then allowed to reflect any irregularities and mis-statements or any other irregularities identified for periods prior to 2008-09 in the restatement. Shares of Satyam were up 3.37% to close at Rs 88.90 per share at the Bombay Stock Exchange on Tuesday. Post this news the holding period for Satyam should be increased from 45 days to around 90 days,though on can hold Tech Mahindra as it has shown reversal on upside

--
Dipin Kwatra
9810063616

[DIPIN]

Satyam @ 95--10% up today has has shown some movement after a long
time...One can hold on to this and the other mid cap IT stocks and
keep buying the same on dips for the mentioned targets in the
file...

> On Mon, Jun 14, 2010 at 7:41 PM, DIPIN <dipcal...@gmail.com> wrote:
> > Hi
>
> > Its been long since I  posted any recommendation on this group.Please find
> > enclosed a doc containing few IT stocks which I think can be added to one's
> > portfolio at current levels for a decent upside
>

> > "*Why worry about the cost of living while we should actually be worrying
> > about the cost of Not living a Life to our highest potential"*

[Varun Puri]

Yes, its finally happening....!!!

Way to go Dipin.

Varun Puri

--
You received this message because you are subscribed to the Google Groups "thinkandtrade" group.
To post to this group, send an email to thinka...@googlegroups.com.
To unsubscribe from this group, send email to thinkandtrad...@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/thinkandtrade?hl=en-GB.

[DIPIN]

Hi All

Those who hold any stock from the list can book partial profits in
Rolta trading at 179,Tech Mahindra trading at 767.For Satyam one can
hold on to the longs and initiate fresh longs in Bartronics(142)
which is yet to witness a move on the upside.

On Jun 14, 7:11 pm, DIPIN <dipcal...@gmail.com> wrote:
> Hi
>
> Its been long since I  posted any recommendation on this group.Please find
> enclosed a doc containing few IT stocks which I think can be added to one's
> portfolio at current levels for a decent upside
>

> "*Why worry about the cost of living while we should actually be worrying
> about the cost of Not living a Life to our highest potential"*
>
> Dipin Kwatra
> 9810063616
>
>  UNLOCKING VALUE IN FEW ITS STOCKS (1).pdf
> 59KViewDownload

[DIPIN]

I reiterate buy on Tech Mahindra ,Satyam and Rolta at the current
levels for the earlier mentioned targets

Tech Mahindra can be bought at all dips with a strong support at Rs
640 for a target of 765 and 795 till October end ,as September 30 2010
is the deadline for Satyam to announce its annual results wherein any
positive development in Satyam results can give a good boost to this
stock. Also both the companies are expected to merge with each other
after the Restatement of Accounts is submitted to the Company Law
Board before September 30.

Those with a long term view can hold Tech Mahindra for a long term
target of 945-990.

Rolta on the other hand is trading between a tight range of 160-180
with 160 as a decent support and 170-172 as a major resistance which
happens to be its 30 and 50 DMA.So one can initiate long in Rolta
around 160-162 with partially booking profits at 169 and hold on the
rest with a medium term target of first 179 and then 195 in case it
manages to close or trade above its 200 DMA i.e 180.

[DIPIN KWATRA]

Tech Mahindra and Satyam showing moves as Mahindra Satyam sets 29
September 2010 as the board meet date to restate their accounts.One
should continue to holds long in these 2 stocks with buying them on
dips with possible targets of 795-840 on Tech Mahindra and 110-120 on
Satyam.

[gagan bhatia]

Rocking Dipin.. satyam 10% up today... Have been collecting it since ur first mail on satyam.

--
You received this message because you are subscribed to the Google Groups "thinkandtrade" group.
To post to this group, send an email to thinka...@googlegroups.com.
To unsubscribe from this group, send email to thinkandtrad...@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/thinkandtrade?hl=en-GB.

--
Thanx and regards,
Gagan Bhatia

Blue is the colour, football is the game
We're all together, and winning is our aim
So cheer us on through the sun and rain
'cause Chelsea, Chelsea is our name

[Varun Puri]

Adequate Information. Excellent Research. Awesome Results. Amazing Accuracy.

What we need to understand here is Research like this is not easily accessible or freely available on any website or forum, etc.

Its lying here in all of your inboxes, free of cost. Don't ignore it. The rules of investing/making returns are simpler than most people think.


Commendable work done Dipin. Your analysis is oustanding. Classy.


"The miracle is not to fly in the air, or to walk on the water; but to walk on the earth."


Varun Puri

On Wed, Sep 22, 2010 at 12:03 PM, DIPIN KWATRA <dipin...@gmail.com> wrote:

[Dipin Kwatra]

Hi All

Both Tech Mahindra and Mahindra Satyam have achieved their first target of 795 and 110 before their planned board meet to restate satyam results on 29th september 2010.

One can book partial profits and continue to hold long the remaining quantity for further upside in Tech Mahindra upto 845 and may be 895 and Satyam upto 124 and 135 as both the stocks may see several analyst re rating them post Satyam accounts restatement.

Tech Mahindra once sustains above its 200 dma I.e 827 on closing basis should see a nice pull back upto 900 levels may be within next 30 days..

Kind Regards
Dipin Kwatra

Sent from BlackBerry® on Airtel

---

From: Varun Puri <varu...@gmail.com>

Sender: thinka...@googlegroups.com

Date: Wed, 22 Sep 2010 16:30:47 +0530

To: <thinka...@googlegroups.com>

ReplyTo: thinka...@googlegroups.com

Subject: Re: UNLOCKING VALUE IN FEW IT STOCKS

[Abhishek Marwah]

Great Recommendations Dipin. Congrats! Way to go...

Cheers!

Sent from my BlackBerry® smartphone

---

From: "Dipin Kwatra" <dipin...@gmail.com>

Sender: thinka...@googlegroups.com

Date: Thu, 23 Sep 2010 06:23:16 +0000

To: <thinka...@googlegroups.com>

ReplyTo: thinka...@googlegroups.com

Subject: Re: UNLOCKING VALUE IN FEW IT STOCKS Tech Mahindra and Satyam

[pranav kant]

Your calls are amazing Dipin. I know one thing, Person who are not maiking profit from ur calls. They can not understand the potentioal of Dipin Kwatra. Dipin these calls should be chargable.
On Thu, 23 Sep 2010 12:00:29 +0530 wrote

>

>Hi All
>
>Both Tech Mahindra and Mahindra Satyam have achieved their first target of 795 and 110 before their planned board meet to restate satyam results on 29th september 2010.
>
>One can book partial profits and continue to hold long the remaining quantity for further upside in Tech Mahindra upto 845 and may be 895 and Satyam upto 124 and 135 as both the stocks may see several analyst re rating them post Satyam accounts restatement.
>
>Tech Mahindra once sustains above its 200 dma I.e 827 on closing basis should see a nice pull back upto 900 levels may be within next 30 days..
>
>Kind Regards

>Dipin Kwatra Sent from BlackBerry® on AirtelFrom: Varun Puri
Sender: thinka...@googlegroups.com
Date: Wed, 22 Sep 2010 16:30:47 +0530To: ReplyTo: thinka...@googlegroups.com

> On Jul 8, 9:23 am, DIPIN wrote:

>

>

>

> > Hi All

>

> > Those who hold any stock from the list can book partial profits in

> > Rolta trading at 179,Tech Mahindra trading at 767.For Satyam one can

> > hold on to the  longs and initiate fresh longs in Bartronics(142)

> > which is yet to witness a move on the upside.

>

Thanks & Regards

Pranav Kant
Mob:-9310020023