Monday, November 12, 2007

Performance v/s Position

A priest dies and is waiting in line at the Pearly Gates. Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket and jeans.

Saint Peter addresses him, "Who are you, so that I may know whether or not to admit you into the Kingdom of Heaven?"

The guy replies, "I'm Joe Cohen, taxi driver, from New York."

Saint Peter consults his list. He smiles and says to the taxi driver, "Take this silken robe and golden staff and enter the Kingdom of Heaven."

Now it's the priest's turn. He stands erect and booms out, "I am the Right Reverend Joseph Snow, pastor of Saint Mary's for the last forty-three years."

Saint Peter consults his list. He says to the priest, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven." "

Just a minute," says the priest. "That man was a taxi driver. Why does he get a silken robe and golden staff?""

Results," shrugged Saint Peter. "While you preached, people slept. When he drove, people prayed."

Moral: It's Performance, Not Position that Counts ....!!                                                              

Tuesday, November 6, 2007

Hindustan Construction Company- The company has got big contractof more than 1000 Cr

yes this is true. Just before results company has got big contract of more than Rs. 1000 Cr but has not come out with news in markets yet. The company order book is swelling day by day and you can soon see stock fiddling with higher levels.

Also keep an eye on market as post Diwali correction or fireworks can happen.                                                              

Monday, November 5, 2007

Jindal Steel and Power

Jindal Steel and Power has jumped by Rs. 3500 within last few days. While company has denied any rumours of bonus and stock split there is lot of talk related to [price movement. While someone is talking of split, other are saying that it has bought a stake in a subsidiary of a renowmed company. Its a magoc of charts or rumours but the stock today again breached the wall but scales back as marked came down in the day.                                                     

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