Bharti Airtel and Limelight Networks partners for global Content Delivery Network services

Bharti Airtel, Asia’s largest integrated telecom provider today announced a strategic partnership with Limelight NetworksR for Content Delivery Network (CDN) services in the Indian market place. The partnership will help Limelight NetworksR to expand its access in one of the fastest growing CDN markets and enable its customers, access to Bharti Airtel’s state-of-the-art IP network in India. With this agreement, Bharti Airtel will now be able to offer Indian content producers, industry leading solutions for the delivery of rich media and enterprise applications, as well as direct access to consumers accessing the Internet, over 900 last mile networks that are directly connected to Limelight Networks’ global platform. 

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Drops Savings and Investments recommends investment in Bharti Airtel

Suzlon bags order for 4.2 MW from Sweden co Triventus AB

Suzlon bags order for 4.2 MW from Sweden co Triventus AB

Suzlon Wind Energy A/S (SWEAS), the international business arm of Suzlon Energy Limited – broke new ground with its first order in Sweden. The order from Triventus AB, the highly respected wind power developer and consultant in Sweden, comprises of two S88-2.1 MW wind turbines. The 4.2 MW Assjö project, located 150 km from Göteborg and Stockholm, will be delivered by SWEAS through a contract that covers engineering, procurement and construction.

Related Link: Drops Savings and Investments recommends investments in Suzlon Energy with a long term perspective

Germans to profit from British wind boom

Germans to profit from British wind boom:16 January 2010

BERLIN, Jan. 15 (UPI) — Britain’s multibillion-dollar offshore wind adventure is great news for two German companies: Siemens and Repower are the only companies producing turbines for farms at sea, but several others are poised to enter this lucrative emerging market.

Germany-based turbine maker REpower is owned to 90 percent by Indian competitor Suzlon.

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Related Link: Drops Savings and Investments recommends investments in Suzlon Energy with a long term perspective

Selling Gujarat Gas Company

It is time to be more cautious on share market in India. I am gradually offloading some of the shares prices of which has reached its reasonable valuation and achieved my target. At this time, I would prefer to sit more on cash rather than buying anything in haste.

Today, I am selling Gujarat Gas Company on a return of 97% in a holding period of 21 months! I bought this in April-May 2008 at an effective average cost of Rs. 125.67 (adjusted for bonus shares) which now stands at Rs. 247.60.

I still see buying opportunity in Suzlon Energy and Bharti Airtel. But I am not buying it right now as these shares already constitute 6.5% and 10.8% of value of my holding respectively. One should be disciplined and should avoid concentration of investment in a few shares, even if it looks attractive to buy more.

105% return in a year!

In the year 2009, my equity portfolio gave me a return of 105%! At the same time, Sensex gained 81%  and Nifty 76%. For the two year period from January 1, 2008, my return is 38% while it was a loss of 14% for both Sensex and Nifty! This is the power of long term view of investment. It is not the up and down of the Sensex that determines your return. It is based on what companies you invest in! If you invest in good companies, don’t bother about the movements of Sensex. Shortlist good companies, and invest at the right price! By investing with a long term view, you don’t have to hook up in front of computer screen watching the market movement every day.

My current holdings has 15 companies which now has gained altogether 40%. Since the market has shoot up too much so fast recently, I am currently not buying any thing aggressively, but selling those which have achieved my target. I still hold some shares that I bought in March 2006! Average holding period of my current holding is 18 months. My largest holding is Infosys Technologies.

Suzlon Energy is the biggest gainer in my current portfolio which stands at 132% and I will be holding it for some more longer time. I am holding it since December 2008. Tata Communications which I bought recently is at a loss of 4%.

The highest return on shares that I sold during 2009 was on Tech Mahindra. It was sold with a gain of 270% in 10 months! And my biggest loss in one company was 92% on Gremach Infrastructure. In fact, Gremach was not a good company that qualify for investment as per my investment principle. It was a mistake.

At the moment, I would be more cautious until a correction, but would not hesitate to invest if I find a good company at the reasonable price. I don’t listen to brokers call. I depend on independent research reports, most of them paid service and some comes free. But it is worth paying. Drops Savings Investments suggest one company a month which is at attractive valuation at the time of recommendation. This recommendation is made after studying various research reports and company reports and continuously tracking its price movements and news. This is from the watch list that I track for my own investment and it is what I would be investing.

You are free to contact me at any time and it would be my pleasure to give my suggestion at any time.

Nothing to buy!

What to buy this week? I dont’s see anything from my watchlist or I will have to expand my watchlist to see anything sitting undervalued and unnoticed. Indian shares are getting too expensive!

Suzlong Energy might be a good bet! But it is already in my top 10 holding and I dont add more of those shares which are in top 10 while top 10 constitute more than 80%! Now it has gone like 92.00%. My holding in Suzlon has already given me 100% return within a year! I still hold it because I see its value and its potential to gain more!

Now the stock market in UAE is getting cheap and may consider buying here selectively!

Market crash on Dubai’s debts! So what?

Markets crashed across the world on news of Dubai’s debt default, so in India! What should I do? Sell all my shares? This is the market, they will react first, then think! But in the long run, average will be reasonable! What I should do. Should I act according to the general sentiments of the market? Or should I be rational? What a rational investor should do is look in to  his holding. Is fundamentals of any of your companies going to be affected with the news either directly or indirectly? If so to what extend? Then consider if you really need to take any action.

What am I going to do next week? I don’t find anything to sell from my holding. Rather I would buy Blue Star, India’s largest central air conditioning company!

Sold Wockardt, bought Bharti Airtel

Yesterday, I sold Wockardt @ Rs. 175.61 and realised of 80% return in seven months! A three year target was 173.00 and it was achieved in 7 months. So there is no meaning in keeping but can re-enter at a later stage if found attractive.

Bought Bharti Airtel @ 280.70 with a three year target of Rs. 529.00. Drops Savings and Investments recommended Bharti Airtel at the beginning of this month @ 299.95. It has come down a bit, but the long term prospects remain intact. It may be sluggish for some time, but there is good potential.

Here is the opportunity to buy Air Arabia!

What about an offer to buy Air Arabia? Yes, shares of Air Arabia is available at rock bottom price! Its closing price yesterday was AED 1.00 which was its issue price on July 2007. Two and half years later, you are getting an opportunity to buy at same price.

For year 2008 it declared 10% cash dividend. It gives a 10% dividend yield which is very rewarding. At market price of 1.00, its price to book value is 0.90 and price to earning ratio of 8.90.

The current sluggishnes in the aviation industry may last for another one or two quarter. But generally aviation sector in the Middle East has been resilient to the recession. Having two hubs and third one announced recently, Air Arabia has bright long term prospects!

Air Arabia  is the first & largest low cost carrier (LCC) to operate in the Middle East and North Africa. It commenced operations in October 2003 and has safely transported more than 11 million passengers since inception. It has main hubs at Sharjah, UAE and Casablanca, Morocco. Air Arabia (Maroc) took off on May 6, 2009 serving mass European market from Morocco. It announced the establishment of third hub in Egypt recently. It operates a total fleet of 20 new Airbus ‘A320’ aircraft and has signed agreement with Airbus to acquire 44 A320 aircraft. It currently fly to over 47 destinations from Sharjah and 11 destinations from Casablanca. It became profitable from first year of operation and it is the first airline to go public in the Middle East with shares traded in the Dubai Financial Market.

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