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Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

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Thursday, November 12, 2009

Mid-day Multimedia Ltd:Future growth prospects and outlook,analysis and recomendation,buy/sell/hold

Scripscan:Mid-day Multimedia Ltd
cmp:22
Code:532416

Story:Mid-Day Multimedia Limited operates as a media company in India. It owns and operates various community newspapers, including Mid Day and Sunday Mid Day for English readers, Gujarati Mid Day, and Urdu daily Inquilab. The company also operates Radio One 94.3 FM with stations at Ahmedabad, Bangalore, Chennai, Delhi, and Pune. In addition, it engages in outdoor advertising business. Mid-Day Multimedia Limited is based in Mumbai, India.Now we all know about Rakesh Jhunjhunwala and how he made a fortune in our stock markets.Undoubtedly he is one of the best in the business and is known for his large investment in emerging companies at great bargain prices.Now mid-day multimedia has been a rare failure among his investments.In late 2004 he pocketed around 5% stake in the counter at 40 odd rs.Sensex moved five times since the,many scrips became huge wealth creators,people made fortune but mid-day never moved.RJ sir has been holding the stock even now which shows his confidence and conviction in the company.The sector itself is sun rising with immense potential and oppurtunities.With RJ still backing it I feel mid day to be a scrip which has little downsides from this 20 levels but can stun one as far the upsides are concerned.I would be a buyer at this 20 odd levels(Potential+prospects+respect to RJ"s skills).

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Posted by arun at 10:19 PM

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This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
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