Ksk Power Ventur Share Discussion Threads

[transforma] 30/12/2010 18:23

I see IEL have issued a 2:10 bid declaration, is the buyer ksk?

[thorpematt] 13/12/2010 17:52

Dibbs,
Many thanks for the response (apologies for slow reaction to it). The numbers look very promosing to me. I'm looking for an entry point and the chart is a tricky one to read so maybe as jbarcroftr indicates, a drip approach is wise.

[jbarcroftr] 13/12/2010 17:39

Bought a small position this morning at 530.Hoping to add a few more over 2011.

[thorpematt] 07/12/2010 21:57

(Right lets see if anyones watching this thread)

Just read the latest TS
Operating thermal capacity increased to 549 MW

-- Additional units under construction and further 313 MW power generation to commence in the next six months

-- Cumulative operational capacity expected to exceed 900 MW by March 2011

Now correct me if I'm wrong but in approx 3 months we'll be looking at almost doubling power gen. Obiously present PEs go out the window forward PEs are more relevant.

Anyone got broker expectations?

[dibbs] 30/9/2010 22:02

Great to see that KSK were able to raise money so easily and with only a small discount to the prevailing price before the RNS. The RNS also explains the 3.2 million trade at 510p.

I wonder whether the owner of the 3.2 million had been looking to sell for some time which had dragged on the price a while back. Possibly the demand for placing shares allowed this overhang to be cleared up at the same time. Certainly the share price jumped once this trade went through.

Hard to work it all out but I'm happy enough whilst the price is moving in the right direction!

Dibbs

[dibbs] 06/9/2010 23:29

Hi Saucepan,

Sorry I've taken so long to reply after your post. Life has been really hectic this summer for me which has severely limited my time for posting:-(

It seems that I was lucky with KSK having staged something of a recovery after the period of weakness. Sometimes sitting tight can work out OK whilst on many occasions it does not. As is so often the case with markets and individual shares they have this ability to doo the opposite of what you think they will do! KSK have of course under performed of late whilst many stocks have fared better.

Thanks for your comments on JDG. Certainly a stock that I will now take a look at since I hopefully have more time to spend on the markets.

I wish I'd been holding some SXX which seem to be benefiting from Potash fever!

I'm going to keep hanging in here to see which way the next move takes KSK. I'm not going to make predictions on whichway it will go though!

Cheers

Dibbs

[saucepan] 24/7/2010 12:16

Hi Dibbs, I am still monitoring the KSK board (I tend do that for a while after selling - to see what I can learn), so saw your post. Sorry you are feeling the pain with KSK. The sellers on Wednesday seem to have started or added momentum to an avalanche. Unless there is something else behind the fall, we have perhaps created a buying opportunity for others. I agree there is a case to be made that the stock is now oversold.

I don't think I will be buying in again myself in the short-term, however: as previously explained, I think there are better opportunities.

If you want to learn more about JDG, you can visit the Techninvest website and click on the icon of the newsletter. This will give you a FREE preview of a sample copy. It happens to be the latest edition: July 2010. On page 8 there is a write-up on JDG. Apparently, Jim Slater himself has just this week bought into JDG according to reports on the JDG thread.

[dibbs] 23/7/2010 21:32

Quite a burst of activity on the KSK BB!

Like the rest of you guys I am also disappointed with the price action of KSK. Good call those who got out a few days ago. I have not sold (which of course I wish I had done back in April) I am going to sit tight for a little while yet since I hope that support will be found at around the 400p level, so downside from here could now be limited. The RSI is also well into oversold territory, a technical bounce could well provide me with a higher exit point than todays price.....

Saucepan, interesting to see you are a big fan of Zulu stocks. I shall take a closer look at your suggestions.

Good weekend all

Dibbs

[par555] 23/7/2010 21:19

Saucepan ,

Thanks for the 'heads up ' on BJU and JDG , will check them out .

[beeezzz] 22/7/2010 17:58

I think I'm going to have to join you chaps the chart is not looking good, to busy today to bail out, my only question is why did these not go into the FTSE 250 at the last reshuffle and will they go in at the sept reshuffle. To late for you I know, but interesting to know.

Cheers,

[saucepan] 22/7/2010 16:00

Par, thanks for the feedback. It is reasurring when someone else assesses thinks similarly. Hopefully, we have made the right decision; painful though it might be.

Part of the context, is that there are so many alternative exciting opportunities out there. As I mentioned, BrainJuicer (BJU) is definitely worth a look, as too is Judges Scientific (JDG): both with great growth and value as exemplified by their low PEGs. Importantly, they also seem to have positive momentum with them currently.

For BJU, I have just written up my own assessment of the investment case here:

[par555] 22/7/2010 14:09

Beezzz/Saucepan,

As a long term holder and believer in the Indian Power market for the long term I took the painful decision to sell out today also .

The chart for Jan-July this year has a worrying resemblance to the period Jan 08 to Sept 08 when the share price rose from 275 to a double top in June @ 630 and then fell to 300 in September . It din't stop falling there and went on down to 150 by December . Cost me then - so once bitten ..... !

O/t keeping the faith in OPG , GKO , INDI .

Will keep watching KSK for better news .

[saucepan] 22/7/2010 12:27

Beeeezzz, as you asked for comment:

I decided to exit today - partly because another stock came on my radar, with momentum, and seemingly an even better story + value: BJU.

I reluctantly sold KSK to make way, as it has turned out to be the weakest stock in my portfolio.

I think the trouble with KSK is the very high P/E: currently 164! There is also a lack of forecasts to make a more-informed judgement of how quickly the P/E will come down.

Despite my optimism, long term, for the Indian power sector, such a high P/E leaves very little room for disappointment.

[beeezzz] 22/7/2010 12:16

SP seems to be dropping fast on very small volumes, 50DMA has dropped through the 200DMA so could be heading a lot lower from here. I think the Lehman debacle must be hanging over this stock which could be heading back to 150p as the company provides very little news. Rather overweight in this share so hoping for the best anybody else have any ideas. Cheers

[dibbs] 15/7/2010 01:34

I wish I was of man of such means Par!

The results looked strong to me with plenty of capacity set to come....

Dibbs

[par555] 12/7/2010 20:59

200,000 @ 500p - That you topping up Dibbs ?

[par555] 12/7/2010 11:58

Saucepan,

Agree . Hopefully the share price will recover some lost ground over the next few months .

[saucepan] 12/7/2010 07:41

On a first reading, today's Preliminary Results look very good to me.

[par555] 01/7/2010 16:56

Hi Dibbs,

Thanks for your thoughts .

Trying to 'keep the faith' in these difficult market conditions. I do believe we will be rewarded long term by the Indian energy companies.

Regards,

par

[dibbs] 27/6/2010 23:22

Hi Par,

Still here, albeit with a delay! Too much going on at the moment to spend as much time looking at stocks as I'd like.

As you say the fall of KSK is a little disappointing although many stocks have suffered in a similar way of late.

I would have to confess that with limited time (and knowledge!)to investigate this SDA that I too am struggling to understand the full implications. Generally speaking though, any situation involving uncertainty over future ownership of a large block of stock is not going to help the shareprice. Of course when question marks are removed then a positive move whould be seen.

My feeling with KSK, INDI and really with all our Indian stocks is that everything at a business level remains on track. The growth in India continues to be strong and the business are operating in fast growing undersupplied markets. So yes, disappointing but I'm not loosing any sleep over these shares as I remain a believer!

Sorry I've not been of much help.

Best wishes

Dibbs

[par555] 16/6/2010 21:57

Dibbs - you there ?

Bit disappointed with share price slide recently as bit overweight here !
Cannot decide whether the Share lockup agreement / SDA is good or bad news ? Is this the drag on the share price ? What can we expect in results due in mid July ?

Any light you can shed would be very welcome .

Off topic - Indi poised for a rise ?

Regards ,

par

[beeezzz] 10/6/2010 13:22

I would of thought that KSK would have made the ftse 250 are they legible?

[nilip] 08/6/2010 07:52

Todays RNS :





Lehman Brothers Holdings Inc. is currently in bankruptcy proceedings and is
being administered by Alvarez & Marsal, its court approved restructuring firm.
The execution of the SDA is part of the calibrated disengagement of Lehman from
the KSK group and orderly disposal of the shares of KSKEV held by Lehman.

Lehman currently holds 70.7 million shares (18.9%) in KSKEV. As notified in
November 2009, Lehman has already locked up 45.58 million of these shares
(12.23%) in KSKEV until October 2011 through a share lockup agreement entered
into with the Company. Of the balance, 24.23 million shares (6.5%) in KSKEV held
by Lehman are now dealt with in the SDA.