Friday, July 8, 2011

Resurgere Mines ............ A penny stock CMP 0.50paisa ... value buy

Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines.Calibrated lump ore is the purest form of Iron ore with a very high iron content. It is a high valued material and is used in steel industry. RMMIL sells most of the CLO in the domestic spot markets. Iron ore fines are by products of CLO and it does not have much domestic demand. Hence, 90% of its produce is exported to China.Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines.Calibrated lump ore is the purest form of Iron ore with a very high iron content. It is a high valued material and is used in steel industry. RMMIL sells most of the CLO in the domestic spot markets. Iron ore fines are by products of CLO and it does not have much domestic demand. Hence, 90% of its produce is exported to China. BUY CMP 0.50paisa , with a view of holding 6-8 yrs

Sunday, July 3, 2011

Birla Cotsyn ............ A penny stock CMP 0.45paisa..a value buy

Birla Cotsyn started its operation in 1932 as a flagship of the Yash Birla Group, one of the largest industrial conglomerates in India. The Sprawling unit is located at Khamgaon (M.S) in the industrial belt of Central India. Birla Cotsyn (India) Limited is having Synthetic Blended Ring Spun Yarn manufacturing facility with state of Art machineries at Khamgaon. The company has excellent sales network in India and abroad for Grey and Dyed Solid Griddles, Fancy, Industrial Knitting and Sewing Ring Spun Yarns in various blends and count range from NE 8s to 60s.Can try in a small qty . for returns of minimum 4-5 times in next 3 years . RISKY