POSITIONAL CALL :-
BUY KFA @ @ 7.75, CMP @ 7.75, STOP LOSS BELOW @ 4.25, TARGET @ 18 - 25.
NOTE :- COMPANY IS TRADING BELOW ITS FACE VALUE AND SOME POSITIVE ANNOUNCEMENT CAN BE SEEN IN COMING DAYS REGARDING STAKE BUYING BY SOME OTHER COMPANIES BECAUSE COMPANY IS LOOKING AT VERY ATTRACTIVE PRICE AND THE MAIN MOST IMPORTANT THING IS THAT KFA HAS STRONG EMPLOYEE BACKGROUND.
BUY KFA @ @ 7.75, CMP @ 7.75, STOP LOSS BELOW @ 4.25, TARGET @ 18 - 25.
NOTE :- COMPANY IS TRADING BELOW ITS FACE VALUE AND SOME POSITIVE ANNOUNCEMENT CAN BE SEEN IN COMING DAYS REGARDING STAKE BUYING BY SOME OTHER COMPANIES BECAUSE COMPANY IS LOOKING AT VERY ATTRACTIVE PRICE AND THE MAIN MOST IMPORTANT THING IS THAT KFA HAS STRONG EMPLOYEE BACKGROUND.
TODAY ON 13 AUG 2012, KFA MADE THE NEW LOW @ 7.05 AND TOOK REVERSAL FROM THAT LEVEL AND MADE THE NEW DAY'S HIGH @ 7.85
ReplyDeleteKFA AGAIN NE DAY'S HIGH @ 8.05
ReplyDeleteKFA AGAIN NEW DAY'S HIGH @ 8.55
ReplyDeleteAGAIN NEW HIGH @ 8.80, +19.22% UP
ReplyDeleteKFA ROCKED DAY'S HIGH @ 8.85, CMP @ 8.85, LOCKED AT UPPER CIRCUIT, BUY CALL GAVE @ 7.75 ON 10 AUG 2012. CALL ROCKED.
ReplyDeleteKFA TODAY ON 14 AUG 2012 DAY'S HIGH @ 9.85
ReplyDeleteAGAIN NEW DAY'S HIGH ON 16 AUG 2012 @ 10.35
ReplyDeleteTODAY ON 14 SEPT 2012 MADE THE HIGH @ 11.40.
ReplyDeleteTODAY 18 SEPT 2012 DAY'S HIGH @ RS. 13.90, CMP @ RS. 13.40.
ReplyDeleteTODAY KFA DAY'S HIGH @ RS. 16.95, CALL ROCKEDDDDDD, BUY CALL GAVE @ RS. 7.75 10 AUG 2012.
ReplyDeleteAGAIN NEW HIGH @ RS. 17.10
ReplyDeleteTODAY KFA DAY'S HIGH @ RS. 16.95, CALL ROCKEDDDDDD, BUY CALL GAVE @ RS. 7.75 10 AUG 2012 with the Target @ Rs. 18 - rs. 25, Now touched @ Rs. 16.95, Bumper Return @ 196.12% till now.
ReplyDeleteTODAY ON 14.12.2012 1ST TARGET HIT @ RS. 18, TODAY'S DAY'S HIGH @ RS. 18.
ReplyDeleteMUMBAI | Tue Dec 11, 2012 9:53am IST
ReplyDelete(Reuters) - Gulf carrier Etihad Airways is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlines (KING.NS) for a little over 30 billion rupees, the Mumbai Mirror reported on Tuesday.
A formal announcement of the deal could come around December 18, the birthday of Kingfisher's flamboyant chairman, Vijay Mallya, the newspaper said, without saying how it got the information.
Kingfisher, whose planes have been grounded for the past two months, declined to comment on the report. Etihad did not immediately respond to an email sent by Reuters.
Abu Dhabi-based Etihad will initially buy a 30 percent holding in December and a further 18 percent by next August, the paper said, adding Etihad and Kingfisher refused to deny or confirm the stake sale.
Battling stiff competition and high operating costs, Indian carriers have been in talks to sell minority stakes to foreign investors. Etihad was reported to be eyeing buying a stake in Jet Airways (JET.NS), India's largest airline by total passengers carried.
Kingfisher, which Mallya launched with much fanfare in 2005, was once India's second-largest airline by domestic market share. For most of this year, the carrier has struggled to pay its staff and has not flown since early October due to protests and safety concerns.
According to one estimate, it is saddled with roughly $2.5 billion in debt.
Kingfisher shares were up 4.7 percent in early trade on Tuesday.