| Stocks to buy: Blue Star, Ruchi Soya, Simplex Infra, Kalyani Steels
Kotak Securities has a ‘buy' rating on the central air-conditioning systems major Blue Star, as it feels it will report handsome earnings growth over the next two years (CAGR of 78% between FY07 and FY09). The company being in a position to offer the best requirement for central as well as commercial refrigeration equipment enabling it to maintain a leading market position in this segment, remains one of the key reasons for its bullishness.
The brokerage also feels that the stock is a play on structural themes like IT/ITeS and retail. However, the brokerage warns that appreciation in the rupee and slowdown in IT/ITeS services remain key concerns. Kotak calculates that at the current price, BSL is trading at 25.1x and 19.3 times FY08 and FY09 earnings, respectively, and on a forward EV/EBITDA basis, the stock is trading 12.6 times.
Preparing for Winter Emergencies: Connecticut Home Standby Generator ...
BETHLEHEM, Conn., Jan. 4 /PRNewswire/ -- Old Man Winter produced several surprises for Connecticut early this season, and more residents are turning to home standby generators to combat the resulting power outages. PowerHouse Electrical Services, Inc., with offices in Bethlehem and Seymour, has been meeting the general electrical service and repair needs of Western Connecticut since 1998. They quickly branched out into home standby generators after listening to their clients. "We got hooked on generators almost ten years ago," says Kurt St. John, PowerHouse General Manager. "We witnessed a need for the kind of safety and security they offer among our customers, and now we are installing 30 to 40 units a year. Believe it or not, we expect that number to increase 25% in 2008." According to CNN.com, U.S.
Developer Says City Keeping Him From Renovating Crime-Ridden Area
ORLANDO, Fla. -- A developer says he has big plans to renovate several rundown apartment complexes in an Orlando neighborhood that has been riddled with crime. But he says the city is standing in the way. Developer Jimmy Yuken wants to renovate the Peppertree apartments on Mercy Drive, one by one. The problem is they all have code violations and the city says the most dangerous violations, including the unsafe stairs leading to the second floor units, have to be fixed in less than 60 days whether someone is living in the buildings or not. "We put in all the central air conditioning ducts," Yuken said during a walk-through of one of the units. Jimmy Yuken is in a hurry to gut the Peppertree apartment complex, but says he can't do it on the city's deadline.
Gizmo geeks find nirvana
It's here that the latest in bleeding-edge technology, gadgets and software gets its public coming-out party, spread across a mind-blowing 167,000 sq. metres of exhibit space in two massive convention centres. And what a party it is. Seeing everything that's on display at CES is nigh-on impossible, even over the show's four days. Still, we got to witness some pretty cool stuff before CES wrapped up yesterday, and it's too much to cram into just one gadgets page. So here's Part One of our roundup of some of the niftiest, craziest and otherwise memorable technology straight outta Vegas. Extracurricular activities not included. --- MICROSOFT SURFACE This wasn't the first time Microsoft's upcoming tabletop display technology was shown to the public, but it was definitely the first time we saw just how amazing Surface might be when it starts to arrive this year in hotels, retail stores and the like.
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