Jai Corporation

Can someone send me the report at manishkumar.singla@*****.com please.
Thanks

Bill (original founder of this stock) has given a target of 40000(2000 as per today's price) by Dec 08 but seeing the current fundamentals this is easily achievable by Jai Corp latest by Mar 08. Hold tight. Long term target of 5000 intact (conservative much more possible).

lalpar I noticed you mentioned teledata to be good. what are your views on it now?

Urban Infrastructure Opportunities fund

Anand Jain run Urban Infrastructure Opportunities Fund (100% subsidiary of JaiCorp) has snapped up properties worth Rs 1,100 crore in 14 developments across the country.
Latest news is that UIOF along with a Mumbai Developer will develop about 2 million sq ft in Mumbai by investing about Rs 250 crore. There may be many more…………..

After one of the fastest closing of a real estate fund, sources say UIOF is now looking at raising upto one billion dollars (Rs. 4000 crore)through an overseas Urban Infrastructure Real Estate Fund.
- CNBC also visit WWW.jaicorpindia(dot)com for more.

The above are in addition to Rs. 2000 raised through stake sale and being distributed between the following 7 sub-contractors who will be implementing the SEZs.

Urban Infrastructure Constructions Private Limited,
Urban Infotech Solutions Private Limited,
Urban Water Supply Private Limited,

Urban Communications Infratsructure Private Limited,
Urban Energy Generation Private Limited,
Urban Energy Transmission Private Limited,
Urban Energy Distribution Private Limited.

The last 4 outfits will deal in telecommunications and energy generation/ trasmission/ distribution which are taboo for Mukesh for some more time due to non-compete clause with Anil Ambani.

Now coming to JaiCorp - Jain sold Rs 2000 crore worth of stock and is now recouping 1500 of these stocks through preferential allotments.

Further dilution of 45% of their holdings has been put to postal ballot which is as good as approved. If 10% stake sale rakes in Rs 2000 crore Jain will ensure that the 49% stake sale takes place at a much higher price.

Therefore Jain has everything to loose if the stock remains LC for much longer, unless he is upto his tricks to corner the preferencial shares at a very low price. But this will not be music to the ears of the FIIs who have invested Rs 2000 crore at a price of Rs 1050per share - unless, again as heard on the street, it is Mukesh who made the purchase through the FIIs. It is therefore very important to find for whom the FIIs made these purchases worth Rs. 2000.

This sale, monetarily one of the biggest 'single' transaction in recent times, was made on the open market with SEBI's blessings. So SEBI knows and many of the punters know. When will we small timers come to know? Hopefully, not before our hard earned money evaporates before we can sell even one of the stocks we fondly hold.

So let us hope it is not Mukesh who made the purchase!!!!!!!!!

Balance sheet (Rs mn)
Y/E March 2006 2007
Net sales 1,935 2,664
Other operating income 0 0
Total income 1,935 2,664
Cost of goods sold 1,663 2,101
Contribution (%) 0 0
Advt/Sales/Distrn O/H 308 418
Operating Profit (36) 145
Other income 200 793
PBIDT 164 938
Depreciation 82 100
Interest 10 51
Other pretax 0 0
Pre-tax profit 72 787
Tax provision (2) 66
(-) Minority Interests 0 0
Associates (0) 16
Adjusted PAT 73 737
E/o income / (Expense) 0 0
Reported PAT 73 737
Y/E March 2006 2007
Total assets 3,049 4,282
Gross block 2,143 2,423
Net fixed assets 921 1,106
CWIP 130 150
Investments 1,201 1,912
Wkg. cap. (excl cash) 767 932
Cash / Bank balance 30 181
Others/Def tax assets 0 0
Capital employed 3,049 4,282
Equity capital 86 86
Reserves 2,609 3,346
Borrowings 251 721
Others 103 129

hi seniors... friends.. experts...


A hearty thanks to all... fo your suggestions .. views.. reesearches...


SO JAI corp... WILl be a leader,,,,

Very sooon...

CAn i enter it Now...
kindly assist please



Only one doubt.. Why no Brokers(sharekhan,icicidirect... etc.. no one) recommending our JAICORP....

Inspite of such a great background..

superb fundamentals...

1.WHY JAI CORPORATION IS KNOWN AS A RISKY STOCK...?

2. WHY ALL SAY say that Jaicorp SHOULD NOT BE MORE THAN 15% of PORTFOLIO.. ?

kindly answer please.,...

Hi Vishnuindian

1.WHY JAI CORPORATION IS KNOWN AS A RISKY STOCK...?

It's simple yaar...Stock worth Rs.25/-(2001) reaches 26,000/-(2007) with profit of 73 crore (2007) from 29 crore. (2001)

pankaj

Thanks for the reply ji

From 25 to 25000..... great

but in june it was 4000 na.. so it went back from 25k to 4k or it was splitted...

If it is not splitted.. then 25 to 25000.. its a Diamond mine,,, but why all calling as risky then.. ?

assist me sir

Hi everyone, This is my first message in this forum. Jai Corporation is under lower circuit breaker daily. When will it settle down and what would be the price?