HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Subscribe Here

start WP import block


       

Investing in India

Buy Into These Companies Before Google Does
By Ian Cooper
November 7, 2006


Months after a May-June market meltdown to 9,000, Bombay's Sensex Index recently nailed a new lifetime high above 13,000, surging past the 12,671.11 high of May 11, 2006. Now that the rally has sustained itself, I'm looking for heavy buy interest in small- and mid-cap names, especially those associated with e-commerce. Namely, Rediff (REDF: NASDAQ) and Sify (SIFY: NASDAQ).

*********************************

1 YEAR: $161,118.95 Gains

This options guru had a perfect record in 2005: He recommended 30 plays and every single one of them saw gains -- totaling a possible $161,118.95... You could join a small group of readers that has already had the chance to reap $1 million in profits...

Read on for details...     

*********************************

But could we see 14K by year's end? It could happen. Considering the strong corporate earnings, the strong overseas fund inflow, the positive news that India will spend $350 billion on infrastructure, and a confident Finance Minister Palaniappan Chidambaram who believes India could expand by 10% in "the near future and poverty afflicting millions be eradicated in the next 10-20 years," according to FinancialExpress.com.

However, does the latest Sensex run through four psychological barriers that overvalue Indian stocks? Nope. The economy is running strong. Corporate earnings are good. And, considering the historical bull runs witnessed by the likes of American and Japanese markets, there's no reason why the Sensex run couldn't be sustained. Welcome to the Indian bull market...
 
According to TheInquirer.net, India is expected to see a 160% jump in Internet users, which should drive more traffic and revenue to Internet sites. And second, I believe Rediff and Sify are buyout candidates for Yahoo! or Google based on recent discussions.

Yahoo!, for one, just inked an $8.6 million deal with Bharat Matrimoney, an Internet personals site (the Indian online matrimonial market is worth an estimated $200 million), and is reportedly "hungry for more acquisitions and tie-ups," according to BusinessWeek.com. Yahoo! is so hot for India that it's already announced "plans to launch up to six new portals in regional languages, and acquire or enter into a partnership with an Indian company," according to Business-Standard.com. In fact, a decision on a partnership and/or acquisition is expected over the next 6-10 months.

*********************************

If Granny had given you this for your birthday instead of that $100 savings bond, you'd have been able to put yourself through college without borrowing a penny...

Own your house free and clear by age 30... And retire a decade early with millions to spare...

Read the special report to find out how this time-proven, wealth-building strategy can help put you on Easy Street...   

*********************************

And, my Google assumption is based on an invitation on its Indian website for applications from people who can "identify and evaluate acquisition opportunities across existing and future market opportunities, drive management team decisions, lead deal execution, and help manage post-acquisition integration and performance evaluation in the South Asia region." That tells me Google's on the hunt, too.

REDF is a buy under $18. Visit: http://www.rediff.com
SIFY is a buy under $11. Visit: http://www.sifycorp.com

Good investing,
Ian

     

Ian Cooper is the managing editor and market analyst for the The Taipan Group, the editor of the trading service, Extreme Volatility Speculator, and the free daily e-letter, American Capitalist. Prior to joining the group, Ian practiced as a public relations and marketing consultant, and as a business journalist.

He has written numerous articles for major financial publications, including Taipan and TradersNation.com on topics ranging from trading news, mergers and acquisitions to crude oil, housing, and emerging market opportunities. Cooper has appeared in Investors Business Daily, Forbes.com, Maryland’s Daily Record, and LATimes.com, and has been featured on Money Matters with Barry Armstrong, Stock Dr. with Lee Seiler, and On the Money with Mike Stein. Cooper also contributes to American Venture Magazine, and TradersNation.com, and recently participated in PRNewswire’s Blogs and the Future of Online Media conference in Baltimore, Maryland.

Studying the news dissemination process and Wall Street’s herd mentality of fear gave him a unique perspective that has helped him lead global investors to incredible gains in as little as three hours to six months, despite market direction.

end WP import block

  Home  | Today's Sleuth | Contact Us | Whitelist Us | SiteMap | RSS | Sign Up

   © 2008-2009 by Agora Financial, LLC. All rights reserved.