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FutureBull
Senior Member
Joined: 06/Feb/2009
Location: India
Online Status: Offline
Posts: 1868
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   Posted: 18/Dec/2010 at 11:11pm |
I regularly see Ashu Dutt on ET now irritating to its last limit.. thinks he is god of analysis.. he has his own website to recommend stocks and provide technical tips..
his multibagger idea India Bull Real Estate 
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‘The market always does what it’s supposed to — BUT NEVER WHEN’.
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FutureBull
Senior Member
Joined: 06/Feb/2009
Location: India
Online Status: Offline
Posts: 1868
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Posted: 18/Dec/2010 at 11:16pm |
http://www.ashudutt.com/multibagger.aspx?selval=0 .. free subscription.. anyone interested? 
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‘The market always does what it’s supposed to — BUT NEVER WHEN’.
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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Posted: 18/Dec/2010 at 11:29pm |
Are you aware about any issues with Lanco?
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devindermarwah
Newbie
Joined: 12/Sep/2010
Online Status: Offline
Posts: 3
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Posted: 18/Dec/2010 at 9:32am |
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AshuDutt always change sites- from ETNow to Bloomberg nowadays. How can his analysis be believed.
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Circuit
Senior Member
Joined: 14/Jun/2008
Location: India
Online Status: Offline
Posts: 930
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Posted: 18/Dec/2010 at 9:42am |
You could have spent only 120 seconds to read the link, is that NOT enough ?  Lanco Infratech, which is promoted by Lagadapati Rajagopal,
Vijaywada member of parliament belonging to the Congress
party, has been under a probe for allegedly reworking
insurance deals to claim crores of rupees as reimbursement
from state government corporations. The company’s
political connections are known and it is speculated that it
could have bagged a lot of projects because of the cosy
relationship Mr Rajagopal enjoyed with late YS Rajashekhar
Reddy, former chief minister of Andhra Pradesh. Rajagopal is
said to have started his political career on YSR’s
padayatras across the state.
Lanco’s power project in Dhenkanal, in West Bengal, is
also under a shadow on account of a probe ordered by the
district collector into the direct purchase of tenancy land
belonging to ayacut area (land served by an irrigation
project) despite a ban order in force. In the hawala scam in
2007, G Venkatesh Babu, the then managing director of Lanco
Infratech, was held at Hyderabad Airport with a suitcase
containing cash amounting to about $90,000.
There are rumours that the company has started a real estate
project on land allocated to it for an IT SEZ and that it
has claimed duty waivers and tax reductions. There is also
talk about shadowy dealings in the cancellation of its bid
for the Sasan project and its eventual pullout from the
Vizhinjam port project.
Originally posted by subu76
Are you aware about any issues with Lanco? |
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Fundamentalists and anticipators may have difficulties with risk control because a trade keeps looking ‘better’ the more it goes against them....Ed Seykota
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 18/Dec/2010 at 9:55am |
... and ENAM was recommending Lanco with tremendous conviction. 
Edited by basant - 18/Dec/2010 at 9:56am
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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nav_1996
Senior Member
Joined: 08/Sep/2006
Online Status: Offline
Posts: 803
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Posted: 18/Dec/2010 at 10:02am |
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It is very eveident that businesses which need to acquire large amount of land, need lot of forest and environment clearances and predominantly deals with weaker sections of society will find going very tough unless they are PSUs or are located in staes like Gujrat where govt priority is very focussed.
This includes power plants, mining, SEZs/Lavassa like large projects, Microfinance etc.
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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Posted: 19/Dec/2010 at 12:51pm |
Originally posted by Circuit
You could have spent only 120 seconds to read the link, is that NOT enough ?t any issues with Lanco? |
Sorry about that..... I should have
Also:
I can say that Lanco has good long term thinking management....they treat their workers/suppliers very fairly and have good reputation in the market ... (unlike say IVRCL) ... Unlike a lot of builders they deliver what they promise and don't employ thugs....
No excuses...but government interaction in India is tricky.......Even Tatas would struggle on most of these front......(as we can see)
I guess real estate/power/mining etc. (where ever the govt has strong regulations in place) will always be this way
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