Jai Corporation

is 80- 80 a right price...it seems low?

JaiCorp has book value 140+.

please click here gain the buzzingstocks point

http://www.buzzingstocks.com/in/anal...l?ref=mishphar

Annual report of Jai Corp is out. Some very positive things in the report.

After going through the report briefly it appears a lot of companies have become subsidiaries or associates of Jai Corp.

Posting the following info from the report:
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(I) List of related parties and relationship.
(i) Subsidiary:
1) Sarbags PTY Ltd.
2) Jai Corp Finance & Holding Ltd. (Subsidiary w.e.f. 01.04.2007)
3) Urban Infrastructure Trustees Ltd. (Subsidiary w.e.f. 25.09.2007)
4) Urban Infrastructure Venture Capital Ltd. (Subsidiary w.e.f.25.09. 2007)
5) Jai Infraprojects Ltd. (Subsidiary w.e.f. 01.02.2008)
6) Jai Realty Ventures Ltd.(Subsidiary w.e.f. 10.12.2007)
7) Hill Rock Construction Pvt. Ltd.(Subsidiary w.e.f. 31.12.2007)
8) Ekdant Realty & Developers Pvt. Ltd. (Subsidiary w.e.f. 18.12.2007)
9) Hind Agri Properties Pvt. Ltd.(Subsidiary w.e.f. 26.12.2007)
10) Iconic Realtors Pvt. Ltd.(Subsidiary w.e.f. 18.12.2007)
11) Krupa Realtors Pvt. Ltd.(Subsidiary w.e.f. 18.12.2007
12) Rudradev Developers Pvt. Ltd.(Subsidiary w.e.f. 18.12.2007)
13) Yug Developers Pvt. Ltd.(Subsidiary w.e.f. 26.12.2007)
14) Vasant Bahar Realty Pvt. Ltd.(Subsidiary w.e.f. 31.12.2007)
15) Hari Darshan Realty Pvt. Ltd.(Subsidiary w.e.f. 31.12.2007)
16) Rainbow Infraprojects Pvt. Ltd. (Subsidiary w.e.f. 03.01.2008)
17) Novelty Realty & Developers Pvt. Ltd.(Subsidiary w.e.f. 15.01.2008)
18) Ashoka Realty & Developers Pvt. Ltd (Subsidiary w.e.f. 08.02.2008)
19) Dev Realty & Developers Pvt. Ltd. (Subsidiary w.e.f. 08.02.2008)
20) Rejoice Land Developers Pvt. Ltd (Subsidiary w.e.f. 08.02.2008)
21) Swastik Land Developers Pvt. Ltd. (Subsidiary w.e.f. 08.02.2008)
22) Samart Realty & Developers Pvt. Ltd. (Subsidiary w.e.f. 08.02.2008)
23) Swar Land Developers Pvt. Ltd.(Subsidiary w.e.f. 17.12.2007)
24) Jai Laxmi Realty & Developers Pvt. Ltd.(Subsidiary w.e.f. 25.02.2008)
25) Awas Realtors Pvt. Ltd.(Subsidiary w.e.f.10.03.2008)
26) Krupa Land Pvt. Ltd. (Subsidiary w.e.f. 19.01.2008)
27) Urban Gas Ltd.(Subsidiary w.e.f. 27.02.2008)
28) Urban Gas Distribution Ltd.(Subsidiary w.e.f. 27.02.2008)
29) Urban Gas Suppliers Ltd.(Subsidiary w.e.f. 27.02.2008)
(ii) Associates :-
1) Urban Infrastructure Construction Pvt. Ltd. (Associate w.e.f. 30.06.2007)
2) Urban Water Supply Pvt. Ltd. (Associate w.e.f. 30.06.2007)
3) Urban Infrastructure Holding Pvt. Ltd.(Associate w.e.f. 19.09.2007)
4) Urban Energy Distribution Pvt. Ltd.
5) Urban Energy Transmission Pvt. Ltd.
6) Urban Energy Generation Pvt. Ltd.
7) Urban Communication Infrastructure Pvt. Ltd.
8) Urban Infotech Solution Pvt. Ltd.
9) Urban Telecom Pvt. Ltd. (Associate up to 12.12.2007)
10) Urban Assets Reconstruction Pvt. Ltd. (Associate up to 12.12.2007)
11) Greenary Power Generation Pvt. Ltd. (Associate from 15.05.2007 to 12.12.2007)
12) Spectra Power Distribution Pvt. Ltd. (Associate from 15.05.2007 to 12.12.2007)
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It appears a very positive report with companies value increasing in last 10 months.

Many more Positives in the annual Report, A Blue Chip in the Making quite undervalued at these levels, been accumulating at these levels , looking for 4 digit target by Mar09.

Jnj,
Do you think it would just 4 digit(1000) by March09 with so much in the Annual report. I am "hoping" it would be atleast around 2000-2500. what is your view.

Yes nansrired I have given a conservative view of 1000 by March09 , your target is very optimistic but not impossible, eventually it will depend upon market conditions which will trigger the Demand/Supply. Being a high Beta stock , it moves more , in bear Market it falls more than average and in Bull Market it will rise more than average (Touhey Market Theory) . This stock will definetly reward the Long Term Investors. Hold or accumulate at these levels is my view. Its fundamentals are stronger than it were when it was trading at 1000 levels previously. All in the annual report.

Meet anand.jain @ril.com

http://businesstoday.digitaltoday.in...id=37&Itemid=1


Anand Jain Reliance Fame Plans township in Nashik

http://www.nashikcity.in/2008/08/ana...hip-in-nashik/


Jain has a lot more in the pipeline.

Townships in Nasik, Talegaon (near Pune), and off the Mumbai-Pune Expressway


A step-down subsidiary has bought four islands in ‘The World’ project in Dubai


Urban Infrastructure Fund with assets of Rs 3,300 crore


Advises an off-shore real estate fund with assets of $550 million



Investment in SEZs to reach Rs 2 trillion by end-2009: Pillai

http://economictimes.***************...ow/3394230.cms

Google Finance Jai Corp

http://finance.google.com/finance?q=BOM:512237

Mumbai SEZ hopes to complete land acquisition by next year

The Mumbai SEZ, promoted by Jai Corp, expects to complete the land acquisition by next year

“Currently, the land acquisition for the SEZ is in the process and is expected to be completed by next year,” Jai Corp said in its latest annual report.

Mumbai SEZ received the in-principle approval from the Union Commerce Ministry for the development of a 5,000-hectare SEZ at Khopta in Maharashtra.

Jai Corp is also a stakeholder in the Navi Mumbai SEZ (NMSEZ). The total size of the NMSEZ is 5,289 acres and would be developed for various sectors with half the area reserved as a processing zone.

Navi Mumbai SEZ will cater to industries such as IT, ITeS, diamond processing, fashion designing, animation, multimedia and film processing, it said.

“All SEZs will be fully integrated with world class amenities, logistics support, infrastructure and connectivity thus making them an extremely attractive destination for industries, services and other sectors,” the report said.

With convenient rail, sea, road and air linkages, these SEZs are well-placed to create high standards of transshipment hub in Navi Mumbai, it said. In all, 404 SEZs were formally approved and 168 received in-principle approval by the Government till the end of 2007.

http://www.business-standard.com/ind...?autono=332550