Twitter has polished up the way cross-posted tweets integrate with Facebook. Twitter posts appearing on Facebook now display live links in tags, displays profile information for @mentions, displays images and other media that is linked in the tweet. The changes began rolling out in late May, Twitter told Mashable, but seem to have kicked in universally yesterday. The changes in tweet displays extend to mobile devicesas well, TheNextWeb points out. That's an area Twitter's already pretty comfy in, given Dick Costolo's recent admission that mobile revenue surpasses its web use, but we imagine a little extra Facebook visibility can't hurt.
Bing Search To Serve Up Results From Britannica
Bing and Encyclopedia Britannica are partnering up for search. Britannica Online answers will be integrated into the Bing search page, giving a quick preview of the answers you were perhaps looking for, followed by search results, Bing explained in a blog post. The iconic encyclopedia maker shut its 244 year-old print edition and went online-only in March this year, deciding to refocus their efforts on their digital edition and online learning tools.
The Brittanica Online answers feature is in some ways similar to what Google hopes to offer through its Knowledge Graph (powered by Wikipedia, among others). In both cases, the search results dredge up data that readers will find useful before they've clicked a single link. Google's Graph additionally involves a deeper change in search technology itself, that'll better understand the search terms you enter in, for savvier results overall.
Apple Settling On $2.25 Million Sum In Australian "4G" iPad Issues
Apple has been under fire from Australian authorities over claims it misled consumers there with information that the new iPad is a "4G" device. While the iPad does support high mobile data rates that are compatible with some definitions of 4G, the chips don't actually match to Australian systems to run at 4G speeds. According to The Australian, the company looks like it is now moving to settle the dispute for a relatively low price of $2.25 million and refunds to customers who felt misled. The iPad's branding in several territories has been adjusted to make note of the 4G issue. Apple is widely expected to release an updated iPhone sporting 4G chips inside later this year, though it is unknown whether it will suffer the same issues as the iPad--probably due to the nascent nature of 4G around the world--or if it will be a true 4G worldwide smartphone.
Thunderclap's Crowdtweeting Experiment Struck Down By Twitter
Twitter effectively shut down Thunderclap, a day-old crowdsourcing platform on which people can back tweets they support in order to turn them into trending topics. If a message gets enough supporters, Thunderclap will send the message out en masse. Yesterday, Rolling Stone's Matt Taibbi got more than 1,900 supporters to back and send out his inaugural Thunderclap, which reached a total of roughly 4 million people in the Twitterverse.
Today, after a second Thunderclap went out addressed to Congress, Twitter suspended the team's access to its API. The four-person team behind Thunderclap, part of New York-based product development studio De-De, is currently in talks with Twitter's support team. If all goes well, Thunderclap will roll out a new version of the platform next week, on which anyone will be able to sign in and create their own Thunderclaps, studio head Hashem Bajwa tells Fast Company. "We're trying to understand what the exact issues at stake are, but it sounds like they view Thunderclap as spam," he says. Since Thunderclap's launch, Bajwa says about 300 people have signed up to create their own messages once the new platform is live, including organizations such as Human Rights Watch.
"We think of Twitter as a river of Internet awesome," he says. "We want to tap into that stream because we believe there are a lot of great causes and people out there that want to have their messages heard."
• Chelsea Therapeutics, Inc. (CHTP) Execs Take Paycuts to Conserve Cash More...
• AmerisourceBergen Corporation (ABC) Appoints Lazarus Krikorian Vice President, Corporate Controller More...
• Fred Hutchinson Cancer Research Center Spinoff Blaze Bioscience Inc.Pulls in $5 Million For "Tumor Paint" More...
• GlaxoSmithKline (GSK) Adds 3 Weeks for Human Genome Sciences, Inc. (HGSI) Tender More...
• Spectrum Pharmaceuticals, Inc. (SPPI) and Allos Therapeutics, Inc. (ALTH) Announce Additional Extension of Tender Offer Period for Shares ofAllos Therapeutics More...
• Fibrocell Science, Inc. Enters into Agreement to Sell Majority Ownership Stake in Agera Laboratories for $0.85 Million More...
• Mylan Pharmaceuticals, Inc. (MYL) Settles Provigil® Litigation With Teva Pharmaceutical Industries Limited (TEVA) More...
• Amgen (AMGN) Drug Sensipar Fails to Meet Trial Goal More...
• ChemoCentryx, Inc. (CCXI) Reports Publication of Positive Phase 2 Data With CCX354 More...
• PTC Therapeutics, Inc. Release: Top-line Data From Phase 3 Trial of Ataluren in Patients with Nonsense Mutation Cystic Fibrosis Show Promising Results More...
• Glycotope Moves FSH-GEX™ into Phase-II Clinical Development More...
• Generex Biotechnology Corporation (GNBT) Announces Scheduling of FDA End-of-Phase II Meeting for the AE37 Breast Cancer Vaccine More...
• Novo Nordisk A/S (NVO) Hit By US Delay to New Insulin Drug More...
• Genentech (RHHBY) Eagerly Awaits FDA Word on 2nd Breast Cancer Drug More...
• Less Folic Acid in Pregnancy Tied to Autism, University of California, Davis (UCD) Study More...
• Brain Training "Helps Treat Depression," Cardiff University Study More...
• Second-Hand Smoke Affects Bladder Function in Children, University of Medicine and Dentistry of New Jersey Study More...
• Virginia Commonwealth University School of Medicine Researchers Identify Changes in Cholesterol Metabolic Pathways More...
• Allenex AB: University of Miami Initiates Clinical Trial of XM-ONE® More...
• Coronado Biosciences Receives Notice of Allowance for First U.S. Patent Covering CNDO-109 More...
• Roche Holding AG (RHHBF.PK)'s Injectable Boniva Med is in Short Supply More...
• CSL Behring Receives FDA Orphan Drug Designation for rIX-FP, a Novel Therapy in Development to Treat Congenital Factor IX Deficiency (Hemophilia B) More...
• AmerisourceBergen Corporation (ABC) Appoints Lazarus Krikorian Vice President, Corporate Controller More...
• Fred Hutchinson Cancer Research Center Spinoff Blaze Bioscience Inc.Pulls in $5 Million For "Tumor Paint" More...
• GlaxoSmithKline (GSK) Adds 3 Weeks for Human Genome Sciences, Inc. (HGSI) Tender More...
• Spectrum Pharmaceuticals, Inc. (SPPI) and Allos Therapeutics, Inc. (ALTH) Announce Additional Extension of Tender Offer Period for Shares ofAllos Therapeutics More...
• Fibrocell Science, Inc. Enters into Agreement to Sell Majority Ownership Stake in Agera Laboratories for $0.85 Million More...
• Mylan Pharmaceuticals, Inc. (MYL) Settles Provigil® Litigation With Teva Pharmaceutical Industries Limited (TEVA) More...
• Amgen (AMGN) Drug Sensipar Fails to Meet Trial Goal More...
• ChemoCentryx, Inc. (CCXI) Reports Publication of Positive Phase 2 Data With CCX354 More...
• PTC Therapeutics, Inc. Release: Top-line Data From Phase 3 Trial of Ataluren in Patients with Nonsense Mutation Cystic Fibrosis Show Promising Results More...
• Glycotope Moves FSH-GEX™ into Phase-II Clinical Development More...
• Generex Biotechnology Corporation (GNBT) Announces Scheduling of FDA End-of-Phase II Meeting for the AE37 Breast Cancer Vaccine More...
• Novo Nordisk A/S (NVO) Hit By US Delay to New Insulin Drug More...
• Genentech (RHHBY) Eagerly Awaits FDA Word on 2nd Breast Cancer Drug More...
• Less Folic Acid in Pregnancy Tied to Autism, University of California, Davis (UCD) Study More...
• Brain Training "Helps Treat Depression," Cardiff University Study More...
• Second-Hand Smoke Affects Bladder Function in Children, University of Medicine and Dentistry of New Jersey Study More...
• Virginia Commonwealth University School of Medicine Researchers Identify Changes in Cholesterol Metabolic Pathways More...
• Allenex AB: University of Miami Initiates Clinical Trial of XM-ONE® More...
• Coronado Biosciences Receives Notice of Allowance for First U.S. Patent Covering CNDO-109 More...
• Roche Holding AG (RHHBF.PK)'s Injectable Boniva Med is in Short Supply More...
• CSL Behring Receives FDA Orphan Drug Designation for rIX-FP, a Novel Therapy in Development to Treat Congenital Factor IX Deficiency (Hemophilia B) More...
Sugar Daddy |
A survey of 50,000 millionaires conducted by SeekingArrangement.com, touted as the world's largest "sugar daddy" dating website, and SeekingMillionaire.com, a matchmaking website, reveals the U.S. airlines flown most often by rich bachelors and generous sugar daddies.
The press release sent to CNBC.com, titled "Top U.S. Airlines for Landing a Rich Boyfriend or Sugar Daddy," reveals you'll have the best chances of meeting a millionaire when flying Delta Air Lines.
"If you want the best shot of landing a rich boyfriend, fly Delta Airlines. If you want a generous sugar daddy, fly American Airlines. If you want a high net-worth husband, fly United Airlines," says Brandon Wade, founder and chief executive officer of SeekingArrangement.com and SeekingMillionaire.com in the release.
Of the 50,000 polled, 24.1 percent fly Delta with an average net worth of $3,725,743. United came in second at 20.5 percent, but millionaires here had the highest net worth averaging $4,697,084. Southwest Airlines made the cut, too, but was labeled as the "least generous sugar daddy airline," with millionaires having a 'paltry' average net worth of $2,968,794.
Wade further informs to steer clear of peanut airlines, such as Frontier, Spirit and Allegiant, if your goal is to land someone wealthy. Less than 1 percent of millionaires surveyed flew with them.
And as you might expect, the majority of those surveyed fly in style. And 74 percent frequent an airline lounge, 78 percent are top-tier members in an airline frequent flyer program and 83 percent fly business class.
Okay... back to regularly scheduled programming.
( Source: CNBC)
Here are five sex secrets that may help you understand and get even closer to your guy...
Men are full of surprises and bedroom behaviour is no exception. While it's impossible to explain all male behaviours, here are five sex secrets that may help you understand and get even closer to your guy.
He's nurses the fear that he'll let you down
Men feel tremendous pressure to perform sexually. While women aren't waiting for marriage to have sex, and that means they are far more relaxed in the bedroom. Sexually satisfied role models, like Madonna and the 'Sex and the City' sirens, encourage urban women to be open about their sexual desires and complaints. These liberated women to cause some trouble for their male partners. Suddenly, the pressure to perform is on, and he can't help but feel like he has to please you. Even though you may not be so bothered about his performance and you might forgive him for a few poor performances, he has a hard time forgiving himself. It's really tough on him.
Warning:
If your man has a recurring problem of performance, he may start to blame you to protect his ego. Be prepared to handle this situation.
What you can do:
Don't take it personally or, worse, insult him. And never laugh! Just pretend that it is no great deal for you.
Men need validation to get their groove on
Sex is a source of power from ages, and it gives proof that one is masculine. To a man, having sex means that he can move a woman, that he's energetic, a provider and a lover. Basically, your guy wants to be a superhero, and he certainly wants you to see him in that light. When he satisfies you sexually, he feels like superman. If you're enjoying yourself, let him know that. He'll love you for your compliments.
Warning
No encouragement means no fun. Whether you are enjoying yourself or not, just be encouraging.
What you can do
A good rule of thumb: Don't fake it but don't fight it. Just look happy and satisfied and that would make your man feel super.
Men don't like waiting too long
Women should never hold out to have sex simply because of the so called rules of dating. He is more likely to commit if there is a sexual component to the relationship, and it is important for him to know that you find him sexually desirable.
Warning
If your guy is offended when you initiate sex, get rid of him.
What you can do
We're all sensual beings; we might as well be who we are. So don't be afraid to make a move.
Men too are conscious about their bodies
Let's face it: Men may not worry about weight nearly as much as women do, but they do have their own image issues.
Warning
Most men are quite concerned about their general physical condition, height and baldness. In other words, they are hoping for mood lighting in the bedroom just as much as women are.
What you can do
Help your man by telling him that you find him attractive and showing him affection.
Most men will not forgive a cheating girlfriend
Men who have been betrayed, especially in the bedroom, are far less likely to forgive their partners than women in the same situation.
Warning
Men want loyalty at all cost.
What you can do
Show your loyalty not only by remaining faithful when in a committed relationship, but also by supporting your man in front of colleagues and friends and defending him when necessary. This allegiance will make your man more secure and will give him the motivation to let loose in the bedroom with you. Men want commitment just as much as women do; they just want it packaged differently.
Men are full of surprises and bedroom behaviour is no exception. While it's impossible to explain all male behaviours, here are five sex secrets that may help you understand and get even closer to your guy.
He's nurses the fear that he'll let you down
Men feel tremendous pressure to perform sexually. While women aren't waiting for marriage to have sex, and that means they are far more relaxed in the bedroom. Sexually satisfied role models, like Madonna and the 'Sex and the City' sirens, encourage urban women to be open about their sexual desires and complaints. These liberated women to cause some trouble for their male partners. Suddenly, the pressure to perform is on, and he can't help but feel like he has to please you. Even though you may not be so bothered about his performance and you might forgive him for a few poor performances, he has a hard time forgiving himself. It's really tough on him.
Warning:
If your man has a recurring problem of performance, he may start to blame you to protect his ego. Be prepared to handle this situation.
What you can do:
Don't take it personally or, worse, insult him. And never laugh! Just pretend that it is no great deal for you.
Men need validation to get their groove on
Sex is a source of power from ages, and it gives proof that one is masculine. To a man, having sex means that he can move a woman, that he's energetic, a provider and a lover. Basically, your guy wants to be a superhero, and he certainly wants you to see him in that light. When he satisfies you sexually, he feels like superman. If you're enjoying yourself, let him know that. He'll love you for your compliments.
Warning
No encouragement means no fun. Whether you are enjoying yourself or not, just be encouraging.
What you can do
A good rule of thumb: Don't fake it but don't fight it. Just look happy and satisfied and that would make your man feel super.
Men don't like waiting too long
Women should never hold out to have sex simply because of the so called rules of dating. He is more likely to commit if there is a sexual component to the relationship, and it is important for him to know that you find him sexually desirable.
Warning
If your guy is offended when you initiate sex, get rid of him.
What you can do
We're all sensual beings; we might as well be who we are. So don't be afraid to make a move.
Men too are conscious about their bodies
Let's face it: Men may not worry about weight nearly as much as women do, but they do have their own image issues.
Warning
Most men are quite concerned about their general physical condition, height and baldness. In other words, they are hoping for mood lighting in the bedroom just as much as women are.
What you can do
Help your man by telling him that you find him attractive and showing him affection.
Most men will not forgive a cheating girlfriend
Men who have been betrayed, especially in the bedroom, are far less likely to forgive their partners than women in the same situation.
Warning
Men want loyalty at all cost.
What you can do
Show your loyalty not only by remaining faithful when in a committed relationship, but also by supporting your man in front of colleagues and friends and defending him when necessary. This allegiance will make your man more secure and will give him the motivation to let loose in the bedroom with you. Men want commitment just as much as women do; they just want it packaged differently.
Optical Cable Corporation |
Below is the Press Release from company
Optical Cable Corporation ("OCC®" or the "Company") today announced financial results for its fiscal second quarter ended April 30, 2012. The Company achieved increases in net sales, gross profit and net income for both the quarter and year-to-date periods, compared to the same periods in fiscal year 2011.
Second Quarter 2012 Financial Results
OCC's consolidated net sales for the second quarter of fiscal year 2012 were the highest in OCC's history -- exceeding the previous quarterly net sales record set in the fourth quarter of fiscal year 2011.
Consolidated net sales for the second quarter of fiscal 2012 increased 28.3% to $22.1 million, compared to consolidated net sales of $17.2 million for the same period last year. The increase in net sales during the second quarter of fiscal 2012 was attributable primarily to increased sales of the Company's fiber optic cable products.
Net sales to customers in the United States increased 20.5% in the second quarter of fiscal 2012, compared to the same period last year, and net sales to customers outside of the United States increased 56.3%. Additionally, the Company achieved an increase in net sales during the second quarter of fiscal 2012 in both its commercial and specialty markets, compared to the second quarter of fiscal 2011.
Gross profit increased 49.1% to $8.9 million in the second quarter of fiscal 2012, compared to $5.9 million in the second quarter of fiscal year 2011. Gross profit margin, or gross profit as a percentage of net sales, increased to 40.2% in the second quarter of fiscal 2012 from 34.6% in the second quarter of fiscal year 2011.
OCC recorded net income attributable to the Company of $949,000, or $0.15 per basic and diluted share, for the second quarter of fiscal 2012, compared to a net loss attributable to the Company of $90,000, or $0.02 per basic and diluted share, for the second quarter of fiscal 2011.
Fiscal Year-to-Date 2012 Financial Results
Consolidated net sales for the first half of fiscal 2012 increased 12.9% to $39.4 million, compared to net sales of $34.9 million for the same period last year. The increase in net sales during the first half of fiscal 2012 was primarily attributable to increased sales of the Company's fiber optic cable products.
Net sales to customers in the United States increased 10.3% in the first half of fiscal year 2012, compared to the same period last year, and net sales to customers outside of the United States increased 20.4%. Additionally, the Company achieved an increase in net sales during the first half of fiscal year 2012 in its commercial markets, but this increase was partially offset by decreases in net sales in its specialty markets.
Gross profit increased 21.4% to $15.0 million in the first half of fiscal 2012, compared to $12.4 million in the first half of fiscal 2011. Gross profit margin increased to 38.1% in the first half of fiscal 2012 from 35.4% in the first half of fiscal 2011.
OCC recorded net income attributable to the Company of $1.1 million, or $0.18 per basic and diluted share, for the first half of fiscal year 2012, compared to $312,000, or $0.05 per basic and diluted share, for the same period in fiscal year 2011.
As we know, Health Care sector, called a recession proof sector from a market point of view,most people believe that and most of the time it stands true as well, but not all the time. When we compare India ( second fastest developing economy ) and developed countries, we realize that its good not to be pharmacist " The Indian Pharmacist ".
Here are some interesting facts and controversies which define two words called "The Pharmacist " and "The Indian Pharmacist".
In India, especially in Gujarat (One of fastest developing state) an average pharmacist salary starts from 3500 Rupees ( 77 USD ) to 5000 Rupees (110 USD) per month. While in USA pharmacist can get 55 USD per Hour to 65 $ per Hour. It is one of highest paying jobs in the health care sector in USA. In India, 5 years ago, students after completing High School ( 12th ) dream to get into pharmacy school, and those who got selected felt lucky. Now, he gives his dedicated time to study everything related pharmaceutical, from formulation, clinical aspects of diseases, treatment available and handling emergency. He acquired extensive knowledge related to public health. He either dreamed to join an industry where he will get a starting package of 5000 Rs to 7000 Rs per month ( Still higher than a retail pharmacist ) or he might be a retail pharmacist.
Now we move forward with other class of highly qualified persons, or even labor workers. If we see a graduate people who studies B.Com or B.A or B.Sc, their starting salary will be in the range from 5000 Rs to 7000 Rs same as an pharmacy graduate in industry or retail pharmacist. They are graduates but not related to public health who deal with Human lives. They might not have to be so competitive as pharmacist, but they get equivalent salary scale without hard times,spending more money on education.
Engineering graduates are earning 12000 Rs to 20000 Rs per month almost double than a pharmacy graduate and jump to 35000 Rs to 50000 Rs ( Per Month ) with 2 years of experience. It is worth to spend money on Engineering.
Forget about these well educated classes, Let's consider that pharmacist are labors a sophisticated one, a labor who doesn't know even how to read and write gets an average wage of 150 to 250 Rs per day means he earns 4500 Rs to 7500 Rs per month or sometimes 10000 Rs per month same or more than pharmacist. What a tragedy !
Inflation:
If we see the cost of living of an average person, a family of 2 people spend monthly 1000 Rs Milk ( 34 Rs/Liter ), 3000 Rs on Gas/Petrol ( 62 Rs/ Liter ), 2500 Rs on vegetables, 3000 Rs on grains and other food items, 300 Rs Electricity, 600 Rs Mobile Phone and 2000 Rs miscellaneous expenses, which add up around Rs 12,400 that means an average person has to manage this much amount of money monthly, excluding mortgages and loan payments.
Post Graduation ( M. Pharm )
To cop up with above situation, pharmacy crowd have started pursuing higher education Post Graduation or M.Pharm Education, so they can get higher post in industries and salary, too, but even after M.Pharm education, pharmaceutical companies keep offering a salary of 8000-12000 Rs per month, regardless of his performance and potentials, because of more graduates available and less choice of industries. After joining such a low scale they hardly reach 14000 -16000 Rs per month after 2 years of experience. They are also facing competition from M.Sc ( Masters of Science ) graduates although they have spent only 5 years and not even studied as hard as a pharmacy graduates. Most companies prefer to take M.Sc graduates as they are available to work with such a salary because they don't have a high amount of study loan to be paid or even study debt because of cheap M.Sc education.
Be an Entrepreneur:
Next option for a Pharmacist or M.Pharm graduate is to be an entrepreneur. But, first of all you have to meet regulatory requirements in the field of pharmaceutical manufacturing or marketing. Now, due to the boom in the real estate in India ( Gujarat ), it is hard to start a manufacturing by renting a space, which average cost around ( 15000 Rs - 30000 Rs ) per month excluding utilities, plus if you meet the minimum requirements, still you won't get approval from government authority until unless you spend time and money on them, too. If you consider to overcome these factors, you required a loan or credit facility from the bank. Banks might not give you more than 1,50000 Rs loan as you are a pharmacist and your capacity of earning is very low. Now, to solve above two issues you need at least 3,00000 Rs initially, after that you need to add instruments, maintenance, inventory and other costs. In short, new players with low money can't come up in the market and develop their ideas, although they are innovative or even competitive. You have to just keep working for big companies whether they make you feel good or bad.
If we see foreign countries, they have very transparent and encouraging policies to be an entrepreneur, easy credit policies and support from private investors or venture capitalists. These factors can help to found future Google or Facebook in young companies. These countries deserve people like Mark Zuckerberg,the youngest billionaire ( Founder and CEO of Facebook ) to be in USA and many more like him as they came up with disruptive ideas that affect the world and got support as well. If you have enough talent, you don't have to spend same amount of time in industry to follow the senior persons and reach higher designation at the age of retirement. World are not going to change at that age, but you might end up with thought that I might be a part of these countries rather than India. In india, rich are getting richer and poor are getting more poor by such a policies and still India is great as we think and believe. If we see some of the big private players, they are still hesitating to come to india for business or to invest in small firms because of such a stringent norms, lack of transparency and no encouragement from government.
Foreign Study ( MS ):
Some pharmacy students have moved to foreign countries either to study or to work in hope to get settled there as those countries have a value for pharmacist, even it is one of highest paying job in the Health care sector. These countries recognize foreign education as well, means a person having a graduate degree in India can pursue Masters degree or Pharm D degree or other higher education or even get a job based on education. These countries have an independent set of rules and agencies who evaluate your credentials and provide equivalency certificates, so foreign graduates can pursue further study and get a job based on foreign degree. Due to these policies, foreign countries have got benefited of world's best talents, while India keep loosing its talents.
Another Chance( Economic Crisis ):
But, there was a twist happened in 2008, Economy was crashed in those developed foreign countries, while India wasn't affected that much or even a little. Foreign talents have started losing their jobs and considering to return back to India. It was a good time to call country's talents back to home by providing an encouragement, easy policies and attractive offers, but none of the Pharmaceutical Industries have implemented such policies. Moreover, they are rejecting foreign talents by considering them overqualified as they don't want to move forward with upcoming Pharmaceutical Research and Technology. They are considering a fresher M.Pharm from india to start with 10000 Rs a month salary and spend same amount of time to get to the desired higher position in industry as other qualified people have spent. They don't want to spend money on research ideas, innovations which can change the future of pharmaceuticals rather they wait for patents to expire.
Also, Government doesn't want to look in to the matter or even think about it. As per the AICTE ( All India Council of Technical Education ), policies, foreign education MS degree is not equivalent to M. Pharm and there is no even guidelines or criteria or an agency where foreign graduate can get equivalency certificate and join academics as a lecturer. In Short, government don't care about health care or health care professionals and rather than protecting their value, government wants them to go away and give services to foreign countries.
From an Indian Pharmacist point of view, It is even better not to study and work as a labor rather than being an Indian Pharmacist.
These discouraging policies from government, government authorities and private sectors, make pharmaceutical education as a least choice nowadays. Government might protect their Health Care Professionals and put some minimum wage bar for Pharmacists to hire. Government might help the struggling professionals to regain their value as a pharmacist and be proud to be the pharmacists " The Indian Pharmacist "
Copyright Stockinvestips
Please comment on this articles and share with all Indian Pharmacist
To read more such stories, Read Here at stockinvestipsPatel Airtemp |
HIDDEN GEM "PATELS AIRTEMP (I) LTD" (BSE CODE: 517417) AT 52/- TARGET OF 75/- & 95/-
STOCK : PATELS AIRTEMP (I) LTD (BSE CODE: 517417) Trading in BSE CODE : 517417
CMP : 52/- Promoters Buying Heavily .. Increasing Stake
Target : 75/- to 95/- in Short term and Medium terms; 150/- above for Long Term easily.
Last 6 Months Given Calls 1) PITTI Laminations at 37/- Now 95/-
2) Venus Power at 7/- Now at 25/-
3) LGS Global at 45/- Now at 100/-
4) Avon Organics given at 20/- Now 30/-
5) IFCI at 20/- Now at 35/-
6) NATCO at 350/- Now 435/-
7) TechTran Polylences at 23/- Reached 29.5/- in 3 days time.
Just Buy and hold PATELS AIRTEMP (I) LTD because Maruti will take some part of this company because of company business and valuation. Company is very Valuable at 50/- Book Value 89/-Good Dividend Yielding and Good Net Profits and EPS and Company having land near mehsana gujarat and some big rumors is Maruti will take some part of this company value is very high. Just buy and hold till 99/- to 150/- levels soon.
Equity : 5 Cr
Promoters Holding : 38% ;
Financial Institutions and Banks 10%;
Body Corporate and NRI's : 5%;
Public Only 55%
Face Value : 10/-
EPS : 11.5/- for 2011-12 and 2012-13 Expecting 19/- as per the Order Book.
Book Value: 85/-
Every Year Dividend Paying company.
Dividend History :
2012 --- 20%; 2011 --- 20%; 2010 --- 20%; 2009 --- 18%; 2008 --- 10%
Dividend Yielding per Year 5.5%
Maruti Suzuki planning to take some part of this company PATELS AIRTEMP (I) LTD because y because of company business and valuation. Company is very Valuable at 50/- Book Value 85/-Good Dividend Yielding and Good Net Profits and EPS and Company having land near Mehsana Gujarat. Just buy and hold till 99/- to 150/- levels soon.
PATELS AIRTEMP (I) LTD Having Good Land Bank and Valuable Assets.
PATELS AIRTEMP (I) LTD Expanding plans is very Aggressive.
PATELS AIRTEMP (I) LTD Stock Will go 75/- to 95/- range in Short term and Medium Term., Like SE Investment (Call Given at 175/- Now including Bonus and Stock split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now 165/-).
For 2011-12 Year Net Income of 70 Cr and Net Profit was 5.36 Cr EPS 11/-
For 2012-13 Full Year Estimating Net Income of 97 Cr and Net Profit of 9 Cr As per this EPS was 18/- above. Stock Trading at 50/- PE just 3 Industry PE is 12. As per this Stock will zoom to 150/- levels in 6 Months to 1 Year Time.
Buzz is that company's Order Book in current fiscal Fy2012 is over Rs 1 billion.
Given its low debt-equity ratio of 0.35:1, a dividend yield of 5.75% and a healthy ROE of 32% , the stock`s valuations appear to be quite attractive.
Whilst the company has a robust business model that can only get better when huge investments are made in the Oil and Gas sector
Patels Airtemp was incorporated in 1973. It fused technical expertise with innovative to achieve a remarkable growth and an efficacious nationwide presence. The growth saga was further strengthened in 1993, when it became a Limited entity and thus was born, Patels Airtemp (India) Limited.
PAT was the result of the conscious and dedicated efforts of a team of committed Engineers and Promoter - Directors. As experienced of over three decades in the field of design and manufacturing was instrumental in its upbringing. Today, PAT stands proudly as one of the leading manufacturers of high quality engineering products.
The Success in attaining its strategic objective of nationwide presence was made possible due to the expansion and diversification policies.
The journey began with a single manufacturing unit in 1973, and presently the company has two manufacturing units - both equipped with stat-of-the-art production facilities. Expansion facilitated PAT to concentrateon a much wider range of products that include:
The company is one of the leading manufacturers of high quality engineering products. The Company is engaged in the manufacturing of equipments like ASME'U' Stamp Vessels & Heat Exchangers, Pressure Vessels, Columns Shell & Heat Exchanger, Finned Tube Heat Exchanger, Air Cooled Heat Exchanger Ventilation Units, Exhaust Air Units, Refrigeration & HVACE equipments, HVAC Systems and Ventilation & Air Washer Plants which are supplied to leading Refineries, Steel, Copper, Aluminum & Automobile Plant, Fertilizers & Chemicals Plants, Textiles and Paper Industries, Refrigeration & Air Conditioning Units, etc.
All these products cater to a broad spectrum of clientele. Spread over 45,000 squares meter of land with a covered area of 6,100 square meters; PAT has attained a key position as one of the leading suppliers to the core industrial sectors like -
Power projects, Refineries, Fertilizers, Cements, Petrochemicals , Pharmaceuticals, Textile, Chemical, Engineering etc.
Management quality:
The promoters seem to be smart and have been buying shares when undervalued and selling when overvalued. Their stake is around 37% which reduced to 34% during 2008 and has again increased to 37% now. They have been giving earning guidance in their annual report which they have met every year. They have been candid in admitting why certain years their profits were low (Gujarat earthquake was one, High interest rate to temporary high periods of debt was another). All in all I am kind of comfortable with the management.
Valuation:
The company does seem undervalued significantly based on even conservative measures.
Market Cap: 25 crores
Sales: 70 crores
Profits: 5.75 crores
Last 3 year average profits: 5 crores
P/E: 5.xx
Avarge PE for this Industry is 12/-
As per this stock Valuation is up to 150/-
It seems that the business can run on very less capital. They have not diluted equity in the last 15 years nor have the run on high debt. Their average 10 year debt equity ratio has been 0.7 with latest being 0.29. They have been repaying back debt with the FCF generated. However as highlighted before they must be investing in enhancing their capacity to maintain their growth. This would reduce the asset turnover and hence ROA.
PATELS AIRTEMP (I) LTD having Lot Expansion Plans in Fututre. Its a Multibagger stock. Just buy and hold 1 year will get 5 times Return like NATCO Pharma (Call given in 2009 at 40/- levels Now 450/-) and SE Investments Ltd (This Stock I have Recommended at 175/- levels after that reached 1200/- levels including Bonus and Split).
Positive Points for this stock for Up move:
1) Company is in Engineering Business; company Circle people and Operators are accumulating at current price. Because Company Stock Good Value at 52/- Good Profit making company and Book Value at 85/- and Good dividend paying company.
2) Equity is very small at 5 Cr promoters Holding 39%
3) Company recently going Expansion Plans regarding Huge orders nearly 1 Billion.
4) Good Profit Making Company for 20010-12 EPS 11.5/- Annualized and Expecting EPS for full year 2012-13 is above 18/-because Expansion income will add next Quarters.
5) Company having Good Book Value 85/- and Good Land Bank and Good Assets.
6) Maruti Suzuki planning to take some part of this company PATELS AIRTEMP (I) LTD because of company business and valuation.
7) Good Dividend Paying company every year 20%, So Dividend yielding is 6% nearly and FII's Eyes in this stock. If they will start buy Stock will zoom to 95/- to 150/- levels easily.
8) Risk Free at Current Market Price, Its very cheap price trading at 52/- Compare to companies Reserves, Assets and Value and Equity and Profits and Future Plans.
9) This Stock is not Participated this Market Rally. So Operators and FII's eye's in this stock.
Happy Invest .. Good Fundamentals and will give good returns from 100% to 500% returns with short and medium terms and Long terms.
"Contrary to conventional wisdom, the eurozone crisis has always been a banking crisis. It only morphed into a sovereign crisis because of political incompetence. Given the rather stubborn approach of the German government to its beleaguered eurozone partners, the crisis is rapidly moving towards some sort of crescendo. It is only a question of time before one of the Southern European countries come to realise that they might be better off outside the eurozone, particularly if they are the first mover.
http://www.arpllp.com/core_files/The_Absolute_Return_Letter_0612.pdf
Krugman's comment after ECB did not reduce rates tonight! http://krugman.blogs.nytimes.com/2012/06/06/doing-their-best-to-destroy-europe/?smid=tw-NytimesKrugman&seid=auto
Panic has become all too rational - FT.pdf
Dinnerinthesky |
Breakfast in the sky, lunch in the sky, cocktails in the sky, meeting in the sky, internet café in the sky… there is no limit to your imagination.
Dinner in the Sky is hosted at a table suspended at a height of 50 metres by a team of professionals. Benji Fun, our partner in this event, is the worldwide leader for this type of activity.
Dinner in the Sky is available for a session of 8 hours. It can be divided or personalised according to the client’s wishes.
Dinner in the Sky accomodates 22 people around the table at every session with three staff in the middle (chef, waiter, entertainer…). Just to give you an example: this means that, at a rate of 2 sessions per hour, more than 350 people could have access to this exceptional platform, or only 22 if you want an exclusive VIP event.
Dinner in the Sky is an event that can be held anywhere (golf course, public place, race track, castle, vineyard, historical site…) as long as there is a surface of approximately 500 m² that can be secured. Of course, authorisation by the owner is required.
Dinner in the Sky may include a second crane with a platform (or more if desired) at the same height as the table, for entertainment such as music or presentations (i.e. a car).
Dinner in the Sky offers a exceptional visibility for clients thanks to the underneath banner that can be customised with his logotype.
Dinner in the Sky is a product developped by Events in the Sky according to 2 Gold Words: Exclusivity and Safety.
We do want to provide our clients with the most exclusive experiences ever dreamt in a total safe way. All our concepts are designed according German norm DIN 4112. Products are built in Belgium under control of Rheinland TÜV. This obsession for safety is probably one of the reasons why Dinner in the Sky is now operated in more than 15 countries and got the official authorisations from the toughest countries such as US, Canada, Australia, South-Africa...