Saturday, August 31, 2013

Brickwork accredits BWR BB ratings for ARPL's NCD

Hot Undervalued Stocks To Invest In 2014

BWR has relied on the audited financial results of Adarsh Developers for FY 2011,  audited financial statements of ARPL for FY 2011 and quarter ending September 2011, projected financial figures of ARPL, information and legal opinion about the ownership of the  land on which the project is to come up and other data/information provided  by ARPL and the promoters.

As per unaudited results of ARPL for September ending 2011, borrowings stood at ` 100 Crore. The company�s Advances recoverable in cash increased to ` 81.95 Crore in H1 FY2012 from ` 71.77 Crore in H1 FY11. Expenses stood at ` 5.97 Crore in H1 FY12 as compared to ` 2.47 Crore in H1 FY11.

As per latest available audited results of Adarsh Developers, in FY11 income from sale of properties has marginally decreased to ` 312.21 Crore as compared to ` 319.53 Crore in FY10. PBT has marginally decreased to ` 59.06 Crore in FY11 from ` 59.65 Crore in FY10. 

Borrowings, including secured loan and unsecured loan decreased to ` 714.33 Crore in FY11 from ` 739.24 Crore in FY10. Total Debt to Equity ratio has gone down to 2.20 in FY11 as compared to 2.60 in FY10 mainly due to increase in capital and reserves to ` 324.02 Crore in FY11 from ` 284.61 Crore in FY10.

Click here to know more on investing in Fixed Income products

New RBI regulations on lending against gold

Best Oil Stocks To Buy For 2014

The rise and fall in the price of the precious metal has been more dramatic than the climax of a typical Bollywood masala flick. The government and the finance authorities of the country are also in no mood to take things lightly, as the alarming level of the Current Account Deficit needs to be tackled immediately.

This has led to it taking some serious steps out of the blue, which are meant to prevent further deterioration of the situation, by controlling the import bill of the country.

The supreme monetary authority of India has issued new guidelines and rules for the disbursal of loans and advances against gold assets of any kind, in attempt to curb the buying of gold. The people of India have been known for their passion of gold, and bringing the usage down to manageable levels will not be that simple a task.

The apex organization in its move has put in special provisions for the disbursal of loans and has also put a cap on the maximum amount of gold which can be used to give loans against. The gold ETFs and MFs on the other hand are in no position to claim advances, as the RBI has completely banned the issuing of advances against them.

The orders given under the new guidelines and rules would cover all banking institutions as well as all Non-Banking Financial Companies, in order to ensure complete coverage of the scheme. The RBI has put a limit of 50g on the maximum weight of specially minted gold coins against which loans can be given, and has also ordered disbursals of loans against jewelry to be according to the prescribed limits.

Purchase of any form of gold, whether it be from the bullion market, jewelry, gold coins, gold Exchange Traded funds or Mutual Funds would not be eligible for advances from any financial organization.

The precious yellow metal has got the country into trouble in recent times, not only from the significantly high import bill, but also by the steep reduction in its pricing in the recent times. The moderation has left little headroom for companies giving out loans against gold assets, and has put them in danger of facing severe losses.

Also the value of the assets possessed by the people has come down significantly, which has worried the authorities. The new guidelines that impose restrictions on the usage of gold as a financial tool, is meant to reduce the popularity of gold as a safe investment option and thereby curb the intense buying that the average Indian is known for.

  
 

BankBazaar.com  is an online marketplace where you can instantly get the lowest loan rates , compare and apply online for your personal loan , home loan ,  car loan  and  credit card  from India's leading banks and NBFCs.

Friday, August 30, 2013

ONEOK Inc. Retained at Neutral - Analyst Blog

Hot Biotech Companies To Invest In 2014

We have maintained our Neutral recommendation on utility provider ONEOK Inc. (OKE). The company currently has a Zacks Rank #3 (Hold).

Why the Reiteration?

Despite missing the Zacks Consensus Estimate for earnings per share and revenues, ONEOK Inc.'s higher natural gas volumes, collected and processed and natural gas liquids (NGL) volumes gathered in the Williston Basin enabled it to surpass the year-ago level.

It is evident from past record that ONEOK Inc. maintains a strong financial position which enables it to pursue both organic and inorganic growth. In addition, steady cash flow generation from the company's operating segments gives ONEOK Inc. more investment options.

In 2013, the company intends to invest $3 billion, including an allocation of $2.64 billion for its subsidiary ONEOK Partners LP (OKS). As ONEOK Partners acts as a primary growth vehicle for ONEOK Inc., the company invariably deploys a major chunk of capital for this arm.

In Apr 2013, ONEOK Partners completed three important projects - Bakken NGL pipeline, Stateline II plant and an ethane header pipeline. We believe that continuous investment in the Bakken Shale and its neighboring locations will play a crucial role in meeting the ever increasing demand for fossil fuel. These initiatives will likely improve ONEOK Inc.'s future results.

In addition, a solid financial position allows ONEOK Inc. to maximize shareholder wealth through dividend payments at regular intervals. The company paid $73.8 million as dividends during the first three months of 2013. Further, ONEOK Inc. announced that it will increase the quarterly dividend rate by 2 cents in Jul 2013 from the current rate of 36 cents per share, subject to its board's approval.

However, stringent regulations and volatile commodity pricing could weigh on the company's forthcoming performa! nce.

Other Stocks to Consider

Other stocks in the industry that are worth considering now include Atmos Energy Corp. (ATO) and New Jersey Resources Corp. (NJR), both with a Zacks Rank #2 (Buy).

Thursday, August 29, 2013

Strong Buy on Black Hills Corp. - Analyst Blog

Top 10 Undervalued Companies To Own In Right Now

On Jul 9, Zacks Investment Research upgraded Black Hills Corporation (BKH) to a Zacks Rank #1 (Strong Buy).

Why the Upgrade?

This electric utility delivered positive earnings surprises in three out of the last four quarters with an average beat of 10.43%. The long-term expected earnings growth rate for this stock is 6.0%.

Black Hills Corporation is poised to benefit from increased demand from all customer classes. The operational efficiency of this company enhances reliability of its services, increasing consumer satisfaction. This helps the company to further expand its customer base. The company also benefited from customer rate adjustments and will continue to enjoy the same over the next few quarters.

The strategic initiatives undertaken by the utility to add to its power generation capacity and drilling activities in Mancos Shale formation in the Piceance Basin will improve its natural gas production.

The financial strength of Black Hills Corporation allows it to make strategic acquisitions. The gas utility segment acquired two small systems in the first quarter, swelling its customer base by 500 retail and two high-volume industrial customers.

Moreover, the strong financial position enables Black Hills Corporation to reward its shareholders through regular dividend payments. The company has increased its annual dividend rate for 43 consecutive years.

The Zacks Consensus Estimate for 2013 increased 1.7% in the last 60 days to $2.33 per share which reflects year-over-year growth of 11.29%.

Besides Black Hills Corporation, other operators in the sector having a favorable Zacks Rank and are Companhia Paranaense de Energia (ELP), Integrys Energy Group Inc. (TEG) and The AES Corporation (AES). Companhia Paranaense and Integrys Energy currently retain a Zacks Rank #1 (Strong Buy) while AE! S Corporation has a Zacks Rank #2 (Buy).

Wednesday, August 28, 2013

Kimco Unveils 2Q Transaction Update - Analyst Blog

Top 5 Blue Chip Stocks To Watch For 2014

Kimco Realty Corp. (KIM) – a retail real estate investment trust (REIT) – recently unveiled its second-quarter 2013 transaction activities. During the quarter, the company's investments totaled to around $172 million, while the proceeds from divestitures amounted to about $307 million.

Acquisitions

During the quarter, Kimco bought 2 former joint venture (JV) properties namely 'The Marketplace at Factoria' and 'Canyon Square Plaza'. The assets spanning 607,000 square feet were acquired for $146.6 million.

Wash.-based shopping center, The Marketplace at Factoria is situated in the prosperous Seattle community of Bellevue. The property, which is 94% leased, boasts a cluster of retail giants such as Target Corp. (TGT), Nordstrom Inc. (JWN) and Wal-Mart Stores Inc. (WMT). On the other hand, Calif.-based Canyon Square Plaza is in the Los Angeles-Long Beach-Santa Ana MSA (Metropolitan Statistical Area). The property is a grocery-anchored center and occupied by a North American grocery company, Albertsons.

Moreover, during the quarter, Kimco increased its stake in 3 existing institutional JVs – Kimco-UBS ('KUBS'), Kimco Income Fund I ('KIF I') and Kimco Income REIT ('KIR') – for $133.3 million.

Divestitures

During second-quarter 2013, Kimco disposed 11 U.S. shopping centers for $71.6 million, of which the company's share was $36.9 million. Since the initiation of its asset-recycling program in 2010, Kimco has sold 121 properties spanning 11.9 million square feet, for $907.2 million. Of this, Kimco's share was $551.4 million.

In addition, the company sold 9 assets of its Mexican shopping center portfolio to a local real estate operator for 3.35 billion Mexican pesos ($274 million), of which company's share was $93 million.

Non-Retail Portfolio Update

In tune with the monet! ization of non-retail assets, Kimco reduced its non-retail investment portfolio by $177.9 million (46%) during second-quarter 2013. Notably, the non-retail portfolio is presently at its lowest level, since 2010, and represents below 2% of gross assets.

Moreover, during the second quarter, Kimco and its JV partner – American Industries – decided to sell their interests in several trusts that hold Mexican industrial properties portfolio. The assets proposed for sale to Terrafina – a Mexican REIT – were valued at about $600 million.

Our Viewpoint

We remain impressed with Kimco's strategic move of restructuring the overall portfolio through divestiture of non-strategic assets and acquisition of high-quality properties. Moreover, acquiring interests in existing JVs go well with the company's core operating strategy. This augurs well for future earnings as the properties are positioned mostly in high-income, high-growth areas. Moreover, the high credit tenant retention limits the downside risks and provides a long-term steady source of rental income for the company.

Kimco is scheduled to release second-quarter 2013 results on Jul 30, after the closing bell. The Zacks Consensus Estimate for second-quarter funds from operations (FFO) is currently pegged at 33 cents per share.

Kimco has an Earnings ESP (Read: Zacks Earnings ESP: A Better Method) of 0.00% for the second quarter. This, along with its Zacks Rank #3 (Hold), reduces the chances of a positive earnings surprise.

Note: FFO, a widely accepted and reported measure of the performance of REITs is derived by adding depreciation, amortization and other non-cash expenses to net income.

Sunday, August 25, 2013

Hot Clean Energy Stocks To Invest In Right Now

I went out on a limb last week, and now it's time to see how that decision played out.

I predicted that Clean Energy Fuels (NASDAQ: CLNE  ) would close higher on the week. The provider of natural gas fueling solutions for transportation has been posting narrowing losses, and Wall Street was eyeing a 35% surge in revenue. The company was a solid report. Revenue came in a little light, but bottom-line results improved nicely. Shares of Clean Energy Fuels moved slightly higher on the week. I was right. I predicted that the tech-heavy Nasdaq would outperform the Dow Jones Industrial Average. (DJINDICES: ^DJI  ) . This has been a tricky call lately, so how did it play out this time? Well, the market had a strong run this week, fueled be encouraging economic news. Secondary stocks led the way, with the Nasdaq soaring 1.7% on the week. The Dow managed to close just 1% higher. I was right. My final call was for Compass Diversified Holdings (NYSE: CODI  ) to beat Wall Street's quarterly profit target. The investor in several middle-market companies has been posting blowout quarterly results over the past year, and I was banking on seeing the trend continue. Analysts were looking for a profit of $0.36 a share during the quarter, but Compass Diversified failed to beat the prognosticators. I was wrong.

Two out of three? I'll take it. That makes me eight of nine over the past three weeks.

Hot Clean Energy Stocks To Invest In Right Now: Astrotech Corporation(ASTC)

Astrotech Corporation operates as a commercial aerospace company in the United States. The company provides spacecraft payload processing and related services; designs and manufactures space hardware; and commercializes space technologies for use on the earth. It also offers satellite launch processing support to government and commercial customers for their communication, earth observation, and deep space satellites. The company?s processing activities consist of satellite ground transportation; pre-launch hardware integration and testing; satellite encapsulation, fueling, launch pad delivery; and communication linked launch control, as well as engineering services. In addition, it develops Miniature Chemical Detector, a chemical analyzer for use on international space station, as well as detects residues and vapors from a range of chemicals, including explosives, chemical warfare agents, toxic chemicals, and volatile organic compounds. The company serves the United Stat es Government and commercial satellite and spacecraft customers. Astrotech Corporation was founded in 1984 is headquartered in Austin, Texas.

Hot Clean Energy Stocks To Invest In Right Now: American Learning Corporation(ALRN)

American Learning Corporation, through its subsidiaries, provides various services to children with developmental delays and disabilities in New York. The company provides early intervention program services to children from birth through two years of age; preschool program services to children from three to five years of age; and school staffing services to school age children in individual or group settings. It offers its services in home environments or in centers, such as day care or schools. The company was formerly known as American Claims Evaluation, Inc. and changed its name to American Learning Corporation in March 2010. American Learning Corporation was founded in 1981 and is based in Jericho, New York.

Top Penny Companies For 2014: Mengold Resources Inc. (MNI.V)

MGold Resources Inc. engages in mineral exploration for precious and base metals in Canada. It primarily explores for gold, copper, lead, nickel, zinc, and molybdenum deposits. It holds interests in the Burchell Lake and Goldcreek properties located in the Shebandowan area of northwestern Ontario. The company was formerly known as Mengold Resources Inc. and changed its name to MGold Resources Inc. in September 2010. MGold Resources Inc. was incorporated in 1946 and is based in Montreal, Canada.

Saturday, August 24, 2013

Best Casino Stocks To Invest In 2014

Las Vegas Sands (NYSE:LVS) will report its 1Q 2013 earnings on May 1. Despite a slowdown in the Chinese economy last year, the company continued to do well in Macau, the world's biggest casino market. Given the success of Las Vegas Sands' integrated resorts in Macau and increased gaming revenues in China, we expect good results in the first quarter. However, growth in the company's Singapore operations is likely to be slow due to relatively strict government regulations and a decline in the number of foreign visitors

Riding High On Macau

For the first three months of 2013, Macau's gaming revenues surged 15% to $10 billion compared to the same period last year. In March alone, revenues were up 25% amounting to $4 billion (source). While Macau's strong growth will help the casino operators in the region, Las Vegas Sands in particular will be a key beneficiary as it has established a critical mass in the market with its diverse properties and resorts. This gives the company a competitive edge over the other players such as Wynn Resorts (NASDAQ:WYNN) and MGM Resorts International (NYSE:MGM).

Best Casino Stocks To Invest In 2014: Rarus Technologies Inc (RARS)

Rarus Technologies Inc. (Rarus), formerly Rarus Minerals Inc., incorporated on June 23, 2010, is a technology company. On May 8, 2012 Rarus Technologies Inc. entered into a software property, technical information and trademark license agreement with ThinkCorp AG. On May 9, 2012, Rarus Technologies Inc. incorporated Zngle, Inc. as a wholly owned subsidiary of the Company.

Zngle is a social media platform that allows members to make posts to specific zones including: family, friends, acquaintances, colleague, custom, dating and community. It allows members to communicate with short message service (SMS) chat along with video mail, voice chat and video messaging, it also has a mobile application that utilizes the application programming interface (API) system for zngle.com with a geo location feature.

Best Casino Stocks To Invest In 2014: Clean Wind Energy Tower Inc (CWET)

Clean Wind Energy Tower, Inc. (Clean Wind), incorporated on January 22, 1962, focuses on becoming a provider of green energy. As of December 31, 2011, Clean Wind had designed and was preparing to develop, and construct Downdraft Towers that use non-toxic elements to generate electricity and clean water by integrating and synthesizing a range of proven, as well as emerging technologies.

The Downdraft Tower is a hollow cylinder with a water spray system at the top. Pumps deliver water to the top of the Downdraft Tower to spray a fine mist across the entire opening. The water evaporates and cools the hot dry air at the top. The cooled air is denser and heavier than the outside warmer air and falls through the cylinder at speeds up to and in excess of 50 miles per hour (mph), driving the turbines located at the base of the structure. The turbines power generators to produce electricity.

The Company competes with Southern California Edison Company, Pacific Gas & Electric Company, San Diego Gas & Electric Company, Arizona Public Service Company, Florida Power & Light Company, enXco, Inc., PPM Energy, Inc. and UNS.

Top 10 Tech Stocks To Own For 2014: Kirkland's Inc.(KIRK)

Kirkland?s, Inc. operates as a specialty retailer of home decor and gifts in the United States. Its stores offer various merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories, and artificial floral products. The company?s stores also provide an assortment of holiday merchandise during seasonal periods, as well as items suitable for gift-giving. It operates stores under the Kirkland?s, Kirkland?s Home, Kirkland?s Home Outlet, and Kirkland?s Outlet names. The company operates its stores in enclosed malls and various off-mall venues, including lifestyle centers, power strip centers, outlet centers, and freestanding locations. Kirkland?s, Inc. also sells its products through its Web site kirklands.com. As of March 08, 2012, it operated 299 stores in 30 states. The company was founded in 1966 and is based in Nashville, Tennessee.

Friday, August 23, 2013

5 Best Warren Buffett Stocks To Invest In Right Now

At the�Berkshire Hathaway� (NYSE: BRK-A  ) (NYSE: BRK-B  ) , a shareholder asked Warren Buffett and Charlie Munger which 10 books they've read that have influenced them the most that�weren't�written by Ben Graham or Phil Fisher. Buffett, being the maverick that he is, had to buck the rules and pointed out just how much Graham's�The Intelligent Investor�meant to him as an investor, saying:

The Intelligent Investor�changed my life.

That's a strong sales pitch. Buffett continued:

Graham's book gave me a bedrock philosophy on investing that made sense... he taught me how to think about a stock and how to think about a stock market.

5 Best Warren Buffett Stocks To Invest In Right Now: Pan American Silver Corp.(PAAS)

Pan American Silver Corp. engages in the exploration, development, extraction, processing, production, refining, reclamation, and operation of silver properties. The company also produces and sells gold, zinc, lead, and copper. As of April 27, 2011, it had seven silver mining operations in Mexico, Peru, Argentina, and Bolivia. The company was founded in 1979 and is headquartered in Vancouver, Canada.

5 Best Warren Buffett Stocks To Invest In Right Now: Terrex Energy Inc (TER.V)

Terrex Energy Inc., a junior oil company, engages in development, exploitation, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. It holds 100% working interests in the Strathmore property, which covers an area of approximately 3,840 acres and is located to the south of Calgary, Alberta; and properties covering an area of 4,320 acres, located in the Two Creek area of west central Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.

5 Best Stocks To Buy For 2014: Enerplus Corporation (ERF)

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in United States and Canada. As of December 31, 2011, it had 322 MMBOE of proved plus probable reserves. The company also held a portfolio of approximately 380,000 net acres of land comprised of 75,000 net acres at Fort Berthold targeting the Bakken and Three Forks; 65,000 net acres in the Duvernay; 33,000 net acres in the Montney; 67,000 net acres in the Stacked Mannville; 30,000 net acres in the Cardium and other emerging oil plays in Canada; and 110,000 net acres in the Marcellus. In addition, it had 120 gross producing wells. The company was founded in 1986 and is headquartered in Calgary, Canada.

Advisors' Opinion:
  • [By Lisa Springer]

    Enerplus Corp. (NYSE: ERF) is one of Canada's largest oil and gas drillers. The company owns properties in many major resource plays, including the Marcellus Shale. Enerplus has produced solid income growth in the past three years, but results have suffered recently due to weak natural gas prices. As a result, the company was forced to cut its dividend in half last year. Even at the reduced dividend rate, Enerplus offers an attractive 8% dividend yield. 

5 Best Warren Buffett Stocks To Invest In Right Now: Global Clean Energy Inc (GCEI)

Global Clean Energy, Inc. (GCE), incorporated on November 8, 2007, develops and markets technology in waste to energy management. The Company focuses on organic waste recovery. GCE has developed two complementary technologies to salvage and reform waste from a range of sources to produce different clean energy byproducts. GCE�� AirPump utilizes Vortex technology to separate waste and recover carbon from extracted material. The G2G Steam Reformer is a hybrid steam gasifier.

The AirPump

The AirPump is lightweight and easily attached to the end of solid or flexible pipe, making it relatively simple to deploy or redirect, posing little or no safety hazard to the operator. The design of the AirPump makes it an investment for any industry requiring extraction-based clean up. The AirPump has been used by United Kingdom Coal to empty an accumulation of coal slurry lagoons for land recovery, redevelopment and biofuel production.

The G2G Steam Reformer - the future of pyrolytic gasification

Gasification, a thermal process by which feedstock (i.e. fossil fuels, plastics, solid wastes and biomass) is converted to synthetic fuel gas (syngas), has been used in some form for as a viable waste-to-energy (WtE) technology. The existing gasification plants use air or oxygen to combust feedstock, releasing toxic nitrogen and sulfur compounds. G2G is designed to accept and process a range of carbonaceous materials, including coal, plastic, rubber, Municipal Solid Waste (MSW).

The Company competes with Intrinergy, Blue Fire Ethanol, Range fuels and Plasco.

5 Best Warren Buffett Stocks To Invest In Right Now: The Pantry Inc.(PTRY)

The Pantry, Inc. operates a chain of convenience stores in the southeastern United States. The company?s stores offer a selection of merchandise, fuel, and ancillary products and services. Its merchandise products include cigarettes, grocery and other tobacco products, packaged beverages, beer, and wine. The company operates stores under various selected banners, which primarily include Kangaroo Express. As of September 29, 2011, it operated 1,649 convenience stores located in Florida, North Carolina, South Carolina, Georgia, Alabama, Tennessee, Mississippi, Virginia, Kansas, Kentucky, Louisiana, Indiana, and Missouri; and 233 quick service restaurants. The company was founded in 1967 and is headquartered in Cary, North Carolina.