DP Money Watch – Looking for Long Term Investments, Go for Lanco Industries

Ductile Iron (DI) Pipes are the preferred pipes for drinking water infrastructure. Lanco Industries is the only fully backward integrated producer of DI Pipes. It has capacity of 90,000 tonnes of spun DI Pipes, 150,000 tonnes of Pig Iron , 90,000 tonnes of Slag Cement and 51,000 tonnes of Castings. Besides these it also owns captive Iron Ore Mines and that way its a fully backward integrated DI Pipes producer in India.

Electrosteel castings, another major DI Pipe producer owns 57 % of Lanco’s Rs. 39.7 crore equity. The Market cap of Lanco is just about Rs. 160 crores. Over the last 3 years Lanco has installed 150,000 tonnes capacity Coke Oven Plant and 12 MW Power Plant based on Waste Heat Recovery from the Coke Oven Plant. Replacement costs of all its plants excluding Captive Iron Ore mines will be above Rs. 500 Crores. Lanco’s top line for FY 07 is expected to be more than Rs. 425 crores with a growth of about 30 % YOY. However its bottom line is expected to be Rs. 18 crores, a growth of 350 % over FY 06 with a PAT of Rs. 4.1 crores. Results for FY 07 and Q4 are expected on 30th April .

At it’s current price of Rs. 40, the share seems to be highly undervalued and is available at P/E of just 4.5 based on its future FY 08 PAT of Rs. 36 crores or an EPS of Rs.9 . All other producers of DI Pipes are quoting at P/E of 10+ including its parent Electro Steel Castings. The Demand for DI Pipes is expected to grow at more than 30 % as the Govt. has set aside Rs. 25,000 crores for Drinking Water Infrastructure because of growing urbanisation and inadequate existing infrastructure. Besides domestic demand there is growing overseas demand too for DI pipes. The most important factor for Lanco is its parentage in Electrosteel Castings and there is a distinct possibility of Lanco merging with its parent. In that scenario the share will be re-rated and will quote at P/E of about 10.

A Buy is recommended on Monday, 30th April at CMP, before declaration of FY 07 results and dividend, and a HOLD for atleast one year to see a price close to 3 digits.

This report has been prepared solely for information purposes and the information contained herein may not be deemed to be an investment advice. Such information is impersonal and not tailored to the investment needs of any specific person. The information contained herein is not a complete analysis of every material fact representing any company, industry or security. The views expressed may change. While the information contained herein has been obtained from sources believed to be reliable, no responsibility (or liability) is accepted for the accuracy of its contents. Investors are advised to satisfy themselves before making any investments and should consult with and rely upon their own advisors whether and how to use such information in making any investment decision.

Tags:money, equity, lanco, stocks, gains, profit, dividend, steel, pipes

Ta Ra Rum Pum – A Good Family Entertainer

Don’t Let Your Heart Burn

Are you a stressed out person who’s been neglecting his sleep and been working long hours on a regular basis. Not too mention eating out too often and gorging on those high calorie pizzas, burgers and indian junk food. If you are then get ready, because soon you’re gonna be the hottest person in town. Now don’t feel too happy about it, cause this heat that would be produced in great amounts within your body would soon give you a deadly heartburn, if you don’t start taking corrective action fast.

The Times Of India reports here that about 71 per cent of the adult population in major Indian cities suffers from heartburn. While 57 per cent people blame irregular eating habits as the main reason for their frequent bouts of heartburn, 10 per cent blame spicy pizzas and curries to be the major culprits, stress (7 per cent), lack of sleep (6 per cent) and long working hours (9 per cent) were pointed out to be the other factors amplifying incidents of heartburn.

Irregular and incorrect eating habits are one of the main reasons for getting sick and one should avoid unhealthy food items as much as possible. These include softdrinks, red wine, tea, spicy foods, dry fruits and cigarettes all of which have a high probablilty of causing heartburn. Doctors advise that patients should cut down on the above food items, and should incorporate some excercise into their daily routines. One should also drink a lot of water and keep a gap of atleast 2 hours between dinner and sleep.

In the mad rush for more wealth, fame and success let’s not forget the one person who makes all the difference, you. So eventhough you can’t keep the heat out of delhi, you can definetly try and keep the heat out of your body.

Tags: heartburn, heart, spicy, food, tea, wellness, healthy living

DP Money Watch – SRF Limited, Bag it Fast

SRF Limited is a major player in refrigerant gases, coated fabrics, industrial synthetics, packaging films, belting, pharma chemicals etc. It has an expected turnover of Rs. 2000 crores for FY07, PAT of Rs. 310 crores, EPS of Rs. 48 is available at a P/E of just 3.1. SRF’s top line growth rate YOY is more than 40% and its bottom line growth is expected to be 200%. Time to pick up this undervalued share is now, before 25th April.

On 25th April, the co’s board will meet to declare the final dividend along with the audited accounts for FY07. It has already declared 40% interim dividend and may declare another 40% thus making it 80% or more than 5% dividend yield. Catch it first thing on 23rd April, before it takes a quantum jump from its CMP of Rs. 148.

This report has been prepared solely for information purposes and the information contained herein may not be deemed to be an investment advice. Such information is impersonal and not tailored to the investment needs of any specific person. The information contained herein is not a complete analysis of every material fact representing any company, industry or security. The views expressed may change. While the information contained herein has been obtained from sources believed to be reliable, no responsibility (or liability) is accepted for the accuracy of its contents. Investors are advised to satisfy themselves before making any investments and should consult with and rely upon their own advisors whether and how to use such information in making any investment decision.

Tags:money, equity, SRF, stocks, gains, profit, dividend

FitPlaza – European Wellness Comes To Town

A DelhiPlanet Exclusive

The Hospitality industry has found a new offshoot. In today’s age where feeling and staying healthy is a basic pre-requisite to enjoying life, the wellness industry is coming to the fore. Personalized healthcare, fitness regimes and diet plans are the order of the day. So in tune with this new trend which is slowly starting to manifest itself, comes a premium health and fitness center, which has already been very well accepted in Holland.

FitPlaza a premium health and wellness center, situated in the heart of Gurgaon (Center Plaza), opened with much fanfare and grandeur on the 12th of April. Model and Bollywood hottie Yana Gupta was there to ring the opening bell and inaugurate the facility (Check out some exclusive pictures below). FitPlaza is a one of its kind Fitness center and Spa, which brings the European wellness concept to India. While the gymnasium facilities are quite adequate with the latest and the best machines from Life Fitness and well trained instructors. I was most impressed with the instructors knowledge about how should a person go about stretching their limbs for cooling down after some strenuous exercise. However what really leaves you awestruck are the very tastefully and elegantly done spa.

The architecture of the Spa would remind you of the old Roman Empire, with pebbled flooring (for the acupressure effect), massage facilities, steam and sauna, jacuzzi, you name it. The masseurs have been trained by experienced people from Holland and specialize in a host of massages as per your body needs such as Balinese Massage, Swedish massage and Hot Stone Massage. If you are the kind who does not enjoy the extremities of sitting in a 55 degree centigrade steam room or sauna , well there is a new concept (A Turkish one), called Hamam. A Hamam is similar to a steam or a sauna, only the temperature is more hospitable and you can sit and relax there for longer hours. The body is allowed to perspire and release its fat and oils. The pores of the skin are then closed by taking a cold shower.

Well if all that exercising and spa treatment made you hungry, then FitPlaza also houses Harriez which is a first ever revolving multi-cuisine restaurant in Gurgaon. Harriez has a elegant architecture which resembles a club. There are two concentric circles with the inner circle making up for the bar and the outer circle as the sitting area. It’s the floor of the outer circle which revolves, and gives you a good view of the Aravalli hills.

FitPlaza is currently in their promotional period and they are offering their exclusive membership for Rs 75, 000. So if you are looking for a place to relax and unwind, join FitPlaza, it’s elegant, it’s trendy and I am sure you will enjoy the experience. Checkout this temple of fitness in all it’s amazing splendour below:

If you may have any Questions or Queries regarding FitPlaza then you are most welcome to contact Mr.Thakur @ 9910694311.

A Woman Only World – It’s Worth Experimenting

Imagine a world without men or to put it more aptly an all female world. The thought is not new and has been the subject of many books and novels like ,Virgin Planet,The Y Chromosome and Ammonite to name a few (See here). What was earlier just a thought or a concept may now become reality. The Latest Medical breakthrough makes it possible to grow sperm cells taken from the bone-marrow tissue from women. Such a sperm can then be fused with the female egg to give birth to girl child as the male Y chromosome would still be required to concieve a son. (Read here for more)

Apart from this there is also speculation that nature itself is reducing the rate at which boys are being born. Bryan Sykes, a professor of Human Genetics at the University of Oxford believes that men are headed for extinction in approximately 125,000 years time. This is due to the deterioration of the Y-chromosome that is making men ever more infertile, whilst the X-chromosome has a duplicate, which can repair itself and avoid bad mutations, bringing women out on top. In the modern day world there is certainly no denying the fact that woman are excelling in every field and giving the men a run for their money.

So if scientists really think that they can make woman reproduce asexually then probably they can experiment with the concept of an all female world. One just needs to have a state of the art facility, maybe an island where only women would stay for long periods of time. This initial research can be funded and if the selected participants can survive easily for say 5-10 years then well, you do have a scenario where science fiction would become reality. It should be really easy to find woman volunteers for the study, for example the writer of this article would seem to be an ideal candidate.

The disadvantage of men becoming extinct is that all women could effectively become lesbians as they would still need emotional lives. Also many sports may not be played anymore and cricket would surely take a back seat then. On the bright side one would expect no wars or weapons, which would lead to a better world as the entire defence budget would be used for development and poverty alleviation.

So the next time you decide to mess with a female, beware she might just make you extinct.

Tags: all female, female, woman only, lesbians, asexual reproduction, extinct men, X-Chromosome.

DP Trends – What’s India Been Searching 2

The Last time around(read here) we had predicted that Cricket would be the most searched word, for the month of march. Well we all know what the state of cricket is right now, so no prizes for guessing that cricket does not feature at all this time. So what has India been searching in March, 2007, let’s check it out.

10.Hanna Montana
It’s not very often that you would find a Disney TV Character in the top 10 of the most searched keywords in India. Indians spend most of their time watching ekta kapoor shows, but this seems to be a welcome change. Hanna Montana is an english sitcom that plays on the Disney Channel and is all about Miley Cyrus. Miley lives a double life as an average teenage girl at school during the day and a famous pop singer at night, concealing her real identity from the public.

9.Dhoom 2
March,2007 was the month of award ceremonies and Dhoom 2 was suprisingly nominated for quite a few especially at the Filmfare awards. This included Hrithik Roshan for Best Actor and Aishwarya Rai for Best Actress. Although we try to do our best , but we would never be able to match up to the oscars and their presenters.

8.Mahindra Bolero
The most economic Indian SUV is selling like hot cakes. Mahindra has recently tied up with Renault and we should be seeing many more cars from their stable soon.

7.Maruti Alto
Alto has probably overtaken the Maruti 800 as the most commonly seen car on Indian roads. This small car is a perfect fit for Indian Roads and offers a great mileage.

6.Hrithik Roshan
Hrithik won the Filmfare Award of Best Actor for his role in Dhoom 2. This plus all the hype and hoopla of gowarikar’s Jodhaa Akbar is why Hrithik’s at number 6.

5.Maria Sharapova
Isn’t she too good looking to be in sports. Well the russian beauty needs no reason to be searched for although she wasn’t in the best of playing form in march.

4.Travel Guru
Yet another B2C travel site, people probably tried searching for some guru’s to help out on their travel woes and landed up here.

3.Toyota India
The Toyota Innova has become the preferred choice for long distance travel and has done quite well in the Indian markets.

2.Drake Bell
Drake Bell is the star of the American sitcom Drake and Josh and is an amazing guitarist and singer. Drake and Josh which airs on Nickelodeon seems to be really catching on with the Indian kids.

1.Daniel Craig
He’s Mr.007 himself and has impressed a lot of people with his performance in Casino Royale. He is all set to play Bond again in the 22nd Bond Flick, currently titled Bond 22. In March, 2007 Craig was named Best Actor for his role as 007 – in awards voted for by the public in Empire magazine. Craig, 39, beat Borat star Sacha Baron Cohen, Johnny Depp for Pirates of the Caribbean and Leonardo DiCaprio for The Departed to the title.

So who is gonna be at number 1 in april, no guesses from us this time, but we’ll be happy to know what you think.

Tags: sharapova, alto, bolero, daniel craig, travel, hrithik roshan, bollywood, maruti

Delhi Planet Weekends – Conspiracy Theories

“A conspiracy theory is a theory that claims an event or series of events is the result of secret manipulations by two or more individuals or an organization, rather than the result of a single perpetrator or natural occurrence. Conspiracy theories often defy an official or dominant understanding of events, and proponents sometimes substitute zeal for logic. “ So goes the wiki defintion for conspiracy theory. In simple words, a conspiracy theory is an alternate version of something that is common knowledge but is much more sensational and astounding.

DelhiPlanet brings to you 2 such conspiracy theories which, once read would make you seriously doubt your knowledge of world history.

Area 51

Area 51 is a remote tract of land in southern Nevada, owned by the government of the United States, containing an air field apparently used for the secret development and testing of new military aircraft. It is famed as the subject of many UFO conspiracy theories. Area 51 is famously known to be a super-secret Air Force test facility, and in the 1980′s and 1990′s there have been many sightings of unidentified objects near the base. Of all the things that Area 51 maybe associated with, it’s most famous for the storage, examination, and reverse engineering of crashed alien spacecraft (including material supposedly recovered at Roswell), the study of their occupants (living and dead), and the manufacture of aircraft based on alien technology.

Infact much of it’s fame comes from the speculation that it’s the place which houses the alien spacecraft and dead bodies of aliens recovered from the Roswell UFO Incident( it is believed that a UFO crashed here in 1947).Today, UFO tourism provides a major income for people around Roswell. The 1947 incident has been featured in many books, comics, movies and television series, the most popular being the movie Independence Day, where Will Smith flies the UFO Aircraft to the mother ship to infect it with a virus.

Whether all this is true or not, no one will ever know, cause the US government denies having any knowledge and it’s something classified as very very confidential , supposedly even the president is not given any information about it.

Who Scaled Mount Everest First

Most text books and general knowledge books would tell you that it was Edmund Hillary and Tenzing Norgary who were the first ever to successfully reach the summit of Mount Everest in 1953. What can be surely said, is that they were the first ever to successfully reach the summit and come back alive. There is a strong belief that George Mallory and Andrew Irvine were the first to have reached the summit in 1924 , but unfortunately they couldn’t come back alive.

The goal of the Mallory and Irvine Research Expedition of 1999 was to discover whether George Mallory had summited Mt. Everest in the ill-fated attempt he made with Andrew Irvine in 1924. A group of climbers from the U.S., Great Britain, and Germany, set off towards the summit in hope of finding Mallory’s camera, which would have had a picture of the summit. On the North Face, at 8,155 m, the expedition found Mallory’s body perfectly preserved. Closer investigation proved that the had been a victim of a tragic fall in which he slipped, tried to correct himself, but did not survive. Whether this happened while he was going towards the summit or coming down from it is not known.

During a second expedition in 2001, the team abandoned their search to rescue another climbing party stranded on the mountain and in deep distress. Two of the climbers were suffering from cerebral edema, a condition in which the victim hallucinates due to lack of oxygen in the brain. Again whether Mallory and Irvine were able to reach the summit or not, is something we would never know.

If you missed out on Previous DelhiPlanet Weekend action, then you can catch it all again here.

• Weekend Trivia – 1
• Secret Receipes
• Things you Won’t know about Google
• Weekend Trivia – 2

The Amazing Incidents of Cricket

The ICC Cricket World Cup, 2007 is still on but no Indian or Pakistani really gives a damn about it. A month ago it was the only word that one could hear of and just the thought of India playing the mighty teams of South Africa, Australia and Pakistan used to bring a glow to one’s face. After all, it’s not very often that you get to see these teams battle it out amongst themselves for the World Cup.

Well such is the uncertainity of sport but if you are a true fan of the game, you would still continue to follow it no matter what. So if you are still upset over the early Indian exit, then lighten up and take a look at a few of the amazing events that once took place in cricket.

The Underarm Ball
Greg Chappell should seriously consider retiring from all forms of cricket cause he’s never going to be remembered for any good reasons. Just like his stint as the Indian Cricket Team Coach would always be remembered for the Indian team’s early exit from the world cup, his playing days would always be known for the underarm bowling incident.

The Jonty Rhodes Dive
If Don Bradman and Sachin Tendulkar can be proclaimed to be the god’s of batting, Jonty Rhodes can be proclaimed to be the god of Fielding. He was one of the finest fielders of the game and at times was choosen only for his spectacular fielding. His full fledged dive to effect a run out during the 1992 World Cup game against Pakistan is one of the best sporting sequences that you would ever see.

The Glenn Mcgrath Field
There’s nothing much to be said about this, the picture below should do all the talking. This happened at the Australia Vs Namibia match during the 2003 Cricket World Cup.

Tags: sachin,jonty, greg chappell, mcgrath, cricket, incidents, underarm, tendulkar

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