Sunday, February 24, 2013

Indian Markets The week Ahead;24/2/2013

1.The Markets may be flat with a negative bias.
     i)Railway Budget is due this month.Rail Stocks may be volatile/RISE.
     Automatic accident prevention system,being considered.seriously! 
     Rail fare hike s rumoured.Inflation will rise.
     ii)India Inc faces CDR and FCCB problems.
     iii)Banks have to,PARTIALLY, meet Basel III [due in 2018/9]                                               norms, by April. Banking stocks may be volatile.   
     iv)There is foreign pressure to usher in MNC GMO Cos in India. M M Singh and Sharad Pawar, have started talking about and praising, the GMO.
         The timing of the proposed,and so-called,Food Security Bill,shows that efforts will be made to usher,  MNC GMO Cos in India.
        GMO stocks fancied.
2.The Baltic Dry Index is LOW.the Global Economy is in trouble.
3.Manipulation suspected in Crude price and US Dollar.
4.Gold and Silver,are being suppressed.But,all Commodities,are long term BULLISH,as Food prices are expected to be manipulated to new highs,misusing the Derivatives.
5.Wall Street insiders are reported to be getting out of Stocks.   
6.HYPER-INFLATION coming!!!  

Friday, February 22, 2013

Letter To the President Of india dated,23/2/2013


Honourable Presidemt,
                      Crores of Pranams.
     This has reference to the HUGE hikes in petroleum Fuels prices.My calculations show that the OMCs are MASKING profits.
     1.The India Crude Basket is about $113.50.The Total Refining Cost is generally, 90% Crude price.So the break even price based on this is $126.11.Based on this,the profit of the OMCs should be around,Rs 681/= per barrel of Crude refined (Rs 54.05 = 1 US Dollar).The OMCs run old Refining Plants.Hende their DEPRECIATION,should be low,comparatively,enabling them to make higher profits.
    In 2010 India was ,refining 3200,000 Barrels per day of Crude both private and PSU included.

http://www.indexmundi.com/energy.aspx?country=inproduct=oilgraph=consumption

Generally there is a 3.6% rise,per year in the Crude refined in India. Extrapolating,the amount Crude refined is about 3414,000 barrels per day,PSU and private sectors combined.
       The profit,based on a 330 working days per year is, Rs 76723 Crores per annum.(Both private and PSU Combined).    
    FOR THE SAKE OF SIMPLICITY,A UNIFORM CRUDE PRICE BASED on THE INDIAN BASKET IS ASSUMED.
    2.But based on the current prices of petroleum fuels,I have found that the OMCs make a profit of about Rs 2000 per barrel of Crude refined. The profits,after the price hikes of the petroleum fuels is very HIGH,indeed.
    3.Under-recoveries are first of all IMAGINARY and NOT ACTUAL losses.
    4.Even after HUGE hikes in the prices of Petroleum Fuels,the under-recoveries,GO ON INCREASING.This is very starnge to say the least.
    5.To further,strengthen my arguments,I am providing two links.Please use them.

    http://indiatracker.wordpress.com/2012/06/23/unethical-pricing-of-petroelum-products-in-india/
   


    http://veerar-sharesandcommodities.blogspot.in/2013/02/unethical-pricing-of-petroleum-products.html
   
    Honourable President,I request that there be transparency in the pricing of petroleum fuels,with clarifications on:-
i0Under-recoveries of the OMcs
ii)Do they actually constitute losses?If so,how
iii)Any business should have the break even prices of the raw-materials, and the break even point for the capacity,on which it must be run.I request that these two figures be provided.
iv)CAD is going on increasing due to import-export disparity.One of the items contributing to the massive CAD is the HUGE Crude import.Based on the break even price or the value of CAD this HAS TO BE REDUCED.Else india's Fiscal Positions wil,continue to be  be weak.
       Honourable President,the inflationary and anti-POOR.Middle Class and Fixed-Income Groups' polices,from 2004,has eroded the, "wealth" of the Citizens of India,more so after the massive 2008 stimulus,alas subsidy to the rich oligarchs. Needless to say,the masses are finding ti difficult to make both ends meet.
       Honourable President,I hope,you would be helpful,in mitigating the sufferings of these three most vulnerable sections of the Indian Society.
      Thanking You,
Yours truly,
K.V.sadasivan
   
Your Request/Grievance is Registered Successfully!!
Your Request/Grievance Registration Number is : PRSEC/E/2013/
   
   
   
     
   

Sunday, February 17, 2013

Indian Markets The Week Ahead;17/2/2013

1.The Stock Markets may be flat with a negative bias. India Inc has CDR and FCCB problems.Q3 has not been so good and even, bad in most cases.
2.BDI is low.Global Economy is in trouble.
3.Crude is kept at higher levels to justify petroleum price hikes in India, as the MNCs and private players benefit by this.Globalists' manipulation as in 2008,for the Indo-US Nuke Deal.
     IMF Riots, gives the correct answer to this Fraud and scam.Where's the money going,via under-recoveries,claimed by the OMCs?
     Global Big Oil has started looting Indians.
     The second link above says, Corporate insiders are SELLING.Dow may crash,soon!
4.Inflation will be high,due to item 3 above.
5.Gold and Silver prices are being suppressed.but they are long term BULLISH.
6.G20 is trying to:-
i)Avoid Currency Wars
ii)Reduce Budget deficits
iii)Act against Corporate tax evasions.

Saturday, February 16, 2013

Unethical Pricing of Petroleum Products in India,IMF Riots,Big Oil etc

    Petroleum Fuels is Big Business and the Big Oil is manipulating it.The Globalists, are a pack of wolves,trying to make mega-profits from the poor countries like India [and her poor people],though the standard of living here and the per capita and actual incomes of the poor,are very low.But they insist on International prices from people with local pays,perks and standards of living.
   The so-called, QEs,STIMULI,tax concessions for FDI,SEZs,NMIZs,Currency Devaluations,etc are ALSO,SUBSIDIES.But this is conveniently,ignored,by the WTO,IMF and the World Bank. 
   The main culprits,are the Globalists, as mentioned earlier,and their puppets who are PLANTED as PMs and Presidents of nations,as mentioned below.
1.IMF and the World Bank
    IMF Riots is good phrase to search for.
    IMF and World Bank are,reported to bribe their way to DICTATORSHIP in nations like India.IMF and the World Bank have a hand in the scam called 'under-recoveries',as per reports on the net.
    The "under-recoveries" claimed by the OMCs,were started ONLY in 2005.They do not have transparency,as:- 
i)They do not mention,Break Even price for Crude Oil,for its refining.So, the basics themselves seem violated.
ii)They misuse landed cost for petroleum products,refined  in India,as though they were imported.
    Landed Cost is used only for imported products and NOT those produced by refining IN India.
iii)If there are losses,Crude oil import has to be REDUCED,as this is very logical and makes sound business, sense.This is never done and hence the claim, of losses, sounds hollow.
iv)India has over-capacity in Crude oil refining.Cap-ex is planned,by refiners, like BPCL etc.Capex,with losses are illogical and lies.Clearly there is profit,in refining Crude in India.
2.ICE started in about 2002.Like LBMA,in Gold,Silver and other Metals, they reportedly,manipulate the Crude prices.
    Global Oil Scam is a good phrase to search for.
As per ADNOC,,the FAIR price of Crude now is below $100/bbl,as against the present $110+[as on 12/3/2013],due to LESS DEMAND.
      The price of Crude is kept higher for the PRIMACY OF THE US Dollar.
3.Big Oil Cos,like Royal Dutch Shell[in India,it is Shell India,of the Rothschilds and Total,of France].
      The New LNG policy,being proposed,is for the benefit of Shell India.The many hikes in petroleum Fuels also benefit not only Shell India,but others,like Mittal,and the private Indian players,also.
     MNCs are expected to enter retail marketing in petroleum Fuels,after 51% FDI in Multibrand retail was allowed.The hikes,are, for their sake too,as their entry will be, after the hike is high enough, for them to make mega-profits.The regular proposed hikes in Diesel, by paise 45 per litre, is for their sake.It is worth remembering,that when the then Finance Minister, Shri Pranab Mukherjee and Kaushik Basu,were being questioned in  the USA [or  the Globalist Elites, Bilderbeg,Trilateral Commission,CFR etc],in April 2012,they were being ORDERED to get FDI in Multibrand retail and Diesel price hike,implemented,"TOGETHER" or simultaneously!!! 
     The massive and regular hikes i the prices of petroleum fuels,KEEPING the Rupee deliberately weak,to mainly benefit L.N.Mittal[PPP with HPCL Bhatinda refinery] and Oman oil Co[PPP with BPCL BINA Refinery],mainly and other private players the OMCs themselves,with tax gains for the State and Centre,were not only arrogant but was with utter disregard for ethics,reason and democratic values.
Please see the timeline of the following and one would appreciate my opinion:-
1.Petrol price deregulated 25th June,2010
2.BINA refinery with Oman Oil Co commissioned may 2011
3.Bhatinda refinery PPP with L.N.Mittal commissioned in 2012 April.
4.The Rupee starts weakening from about 2011 and reaches the nadir of about 68 to the US Dollar.

       The above chart depicts the shocking picture[pun intended] clearly!
To be continued.....

Sunday, February 10, 2013

Indian Stocks The week Ahead:10/2/2013

1.Indian Stock Markets may be flat with a negative bias.
2.Gold,Silver and other Commodities may rise,due to Currency Wars and hence Devaluation of Currencies.
      Venezuela devalues Bolivar by 46%.Japan's Yen is down.Swiss Franc rises against the Euro.
3.BDI is low.Global Economy is in trouble.
4.Crude high. Inflation expected to rise.
5.China is the BIGGEST Trader of goods, in the World now.
6.BMPS,the Italian bank is in suspected fraud.JP Morgan's involvement hidden to the regulator, Bank Of Italy.Monti and Draghi implicated. Berlusconi's chances brighten in the coming polls.
7.LIBOR rate fixing scandal may adversely affect many Banks.
8.In the USA the Wall Street  INSIDERS/Billionaires,are reportedly,selling.But the US Federal Reserve wants to keep the Indices higher.Who will prevail?
        One school of thought feels the Markets will fall by 50 to 90%!!!

Sunday, February 3, 2013

Indian Markets The Week Ahead,3/2/2013

1.The Indices may hold till the NTPC Divestment on 7/2/2013.
2.BDI low and Crude HIGH.Global economy is in trouble and Hyper-Inflation is expected.
       These my adversely affect the Indian Economy.The vicious cycle again!
3.Gold and Silver prices re being suppressed,in US Dollar terms even when the US Currency  falls,But Copper and Crude are rising. MANIPULATION!!!
4.M M Singh has started talking about GMO.GMO stocks fancied.
To be continued......