SOUTH ASIAN PETROCHEM-Multi Bagger (3) from me.

Expert's comments pl. on belowmentioned Announcement at NSE on 28th Dec.07 at. 20.05p.m.

Name of the Target Company--South Asian Petrochem Limited
Name of the acquirer and PAC with the acquirer-- International Finance Corporation
Details of the acquisition as follows Number, Type, % w.r.t. total paid up capital of Target Company
Shares/voting rights acquired 23086419 Equity 9.9 %
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / interse transfer etc.) Preferential allotment
Date of acquisition of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable 20-DEC-2007

International Finance Corporation is a huge entity! Something is cooking.

SAPL on UC consecutively on 3rd day [2/1/2008].

South Asian Petrochem has hit UC for 3 days
>>>It willwill continue that for a minimum of 10 trading sessions by that time it would reach 50 and will be rs.10 short of my 3 month target of 100% return.

>>>stay invested and enjoy the profits.

>>>SA petro has acquired 80 acres land from the west bengal govt at haldia for expansion of the plant.
>>> This will increase the production capacity of the plant.

>>>Already with the existing plant capacity, The EPS has doubled. With increase in production capacity,the company will go to great levels which will automatically get reflected in the stock price increase.


<<>> As per Economic times the petrochemical industry has been branded as the one of the best sectors for 2008.

<<>> Secondly, All the companies in this sector are increasing their capacities...
>>Now asia is going to replace north america as the next petrochemicals hub.

<<>>The global market is estimated at over $640 billion, which is about 40% of the global chemical market of $1.6 trillion, which accounts for 5% of world GDP.

<<>> Also significant is that the production capacity of key petrochem products like polymers is widely distributed, with the top 10 producers meeting less than half the world demand.

This is a good time to by
South Asian Petrochemical

i feel the target given by me is not in vain and its going towards that.
enjoy profits

My other recommendation
Gentlemen to whom I apologized a few weeks back,

Very good week till now for SAH Petro and the result is expected to be very good and there is no looking back for this stock sir.


SAH Petroleum has hit UC for past 4 trading sessions and today again it has gone up by 3.51%. Its a very good stock to be in.
I still hold 2000 shares at an average of 24.50

Pennar Industries name by me as a gold mine is showing its true colours and its potential to the public.
This is a very good stock and this has seen 12% increase in previous 2 trading sessions and got off the track today due to selling and will get into the groove again.
Its been added to the small cap index recently. this speaks for the stock.

The quarter results are going to be great for all the above companies.

Thank u for trusting me.
for those who trust me

Let our wealth grow
lets enjoy our profits
Its WE and NOT me.

All the three stocks have great upside left and really adds a kiwi's feather to ur portfolio.I feel its a buy at the current moment.

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SAPL hit LC, may be after a news that South Asian Petrochem has accepted the resignation of H P Breitenbach from the office of director with effect from 26 December 2007.
"For the HY ended 30th Sept.07 operational performance had been very satisfactory. While Sales have remained at similar level as compared to previous half year, the profit have risen from Rs. 19.38 Crs to Rs. 51.67 Crs. out of this Rs.17.99 Crs was on account of gain in exchange difference in foreign currency term loan."
Expert's Comments on above statement of Chairman during EGM held to-day.

sah petro is fundamentally good company so go ahead without worry!!!!!!

Hi Purchased sahpetro .. but now it is running/trading down trend ... please let me know that should i hold r sale it off ..

Hi,

Dont panic! Its all due to market moments!

Hope this helps.

I had entered sapl at 27.90.It went upto 40 levels but i dint book profit.Now it has come down to 31. I tried to sell it today but the broker told me that selling is freezed. I wanted to sell 2day n re-enter at lower lvls.
Sum1 plz suggest me what 2 do.....