Showing posts with label OMCs. Show all posts
Showing posts with label OMCs. Show all posts
Saturday, February 24, 2024
Strong Q4 may allow OMCs to cut fuel prices: Puri
Strong Q4 may allow OMCs to cut fuel prices: Puri
Readers,if any,can take appropriate action.I booked ;ppatial prfits in my OMC holings.
Saturday, February 29, 2020
Gold,Rupee Fall
1.Gold has fallen.PC Jeweller and other Jewelers look good.
2.Crude has fallen.OMCs like IOC,MRPL look good.
Sell OIL,ONGC etc.Paint Cos' stocks may rise.
3.Neyveli Lignite,NLC India Ltd, has offered an Interim Dividend of Rs 7.06/=.Effective date 5/3/20.Pl check before buying.
4.Market may fall next week,as per reports,as NIFTY positions suggest.Buy ONLY in very small lots.
5.Always better to have 33% of one's Investment in Gold.
6.Track Corona Virus and its impact.Travel [Aviation ,Cruise and other ships,containers],China-dependent Cos,may be adversely affected.Cos making Masks seem to be making a killing!
2.Crude has fallen.OMCs like IOC,MRPL look good.
Sell OIL,ONGC etc.Paint Cos' stocks may rise.
3.Neyveli Lignite,NLC India Ltd, has offered an Interim Dividend of Rs 7.06/=.Effective date 5/3/20.Pl check before buying.
4.Market may fall next week,as per reports,as NIFTY positions suggest.Buy ONLY in very small lots.
5.Always better to have 33% of one's Investment in Gold.
6.Track Corona Virus and its impact.Travel [Aviation ,Cruise and other ships,containers],China-dependent Cos,may be adversely affected.Cos making Masks seem to be making a killing!
Saturday, February 14, 2015
Thursday, October 31, 2013
The Con Game: A WEAK Indian Rupee!
The Indian Rupee, is kept deliberately weak,citing export advantages.
There are hidden anti-India and pro-MNC motives here.
1.The Indian Oil Marketing Cos have been,UNETHICALLY,claiming,"UNDER-RECOVERIES",from 2005.The Media have been misused to misinform the Citizens that,the so-called,"under-recoveries" are LOSSES,while they are NOT.
These under-recoveries have been going on increasing from 2005,when they were started,though Petrol price has been hiked ,heavily from 2009, and the prices,of other petroleum fuels, have also been hiked heavily.
This is due to the diktat from the IMF.
Please google for:-
IMF Riot.
With such huge hikes in prices,of the petroleum fuels, the under-recoveries,should have been negative by now.But the vested interests want, these to be perpetual,so that the prices of the petroleum fuels can be hiked,regularly.
Bhatinda and Bina Refineries,are also reasons for the hikes.
2.M M Singh is very strongly suspected to be PLANTED by the Rothschilds,who are reported to control the IMF,of whose,employee, M M Singh was, while being the RBI Governor too.
Rothschilds are reported to have a penchant for BANKRUPTING Nations,by keeping the Fiscal Deficits HIGH and DIVESTMENT out of PSUs.
Not surprisingly,the Rothschilds,are Advisors to the GOI or rather,the UPA, for DIVESTMENT out of the Indian PSUs!What a shock!
They were initially involved in the restructuring of Air India but were later replaced.
3.HIGH under-recoveries will keep the Fiscal deficit HIGH.A weak Indian Rupee will keep the under-recoveries HIGHER!
4.The Rothschilds are in the Oil And Gas Business,in India via Shell India,a collaboration of the Rothschilds and Total of France.Shell India has a 100% FDI in LNG marketing in India from 2004,the year M M Singh was lucky to the PM of India.[It is, strongly suspected, that he was PLANTED as PM, by the Rothschilds' manipulations and shenanigans].
5.So the Rothschilds are able to make huge profits in their LNG business due to the HIGH Crude prices,as per an interview,with Forbes India, of ex-CEO Shell India,Vikram Singh Mehta,dated 27/4/2012!
6.The main aim is, BANKRUPTING India with a HIGH Fiscal Deficit due to HIGH under-recoveries,coupled with the so-called,DIVESTMENT out of the Indian PSUs.
THIS link provides details, as to what the great Polish Astronomer.Nicolaus Copernicus and Economist Keynes had to say about a weak Currency.An excerpt from the link above:-
"Keynes: “The process [of debauching the currency] engages all the hidden forces of economic law on the side
of destruction, and does it in a manner which not one man in a million is able to diagnose.” Copernicus: “[The
debasement of coinage] … is noticed by only a few very thoughtful people, since it does not operate all at once
and at a single blow, but gradually overthrows governments, and in a hidden, insidious way.”"
M M Singh is investing in Infrastructure,on the diktat of his Masters......Greece and Spain were bankrupted reportedly after the 2004 Olympics and Construction Boom [Investment in Infrastructure],respectively.
Hence a WEAK Rupee coupled with DIVESTMENT of the PSUs is a recipe for disaster for India!
7.Due to Globalization,many MNCs have set up, shops here with exports,as their main aim.A weak Rupee will be lucrative for them.
8.A WEAK Rupee will make Gold costlier for Indians,thus PREVENTING THEM FROM PRESERVING THEIR WEALTH,and supporting the US Dollar,too,as these two,[Gold and the US Dollar], have inverse relationship.
9.Indians,lose by the loss of purchasing Power due to a weak Rupee.Thus,it is 'stealing' the wealth of Indians,by a stealth TAX!
CONCLUSION:-
i)Under-recoveries, claimed by the OMCs,can be perpetual with a perpetually WEAK Rupee.
THE RUPEE HAS TO BE KEPT SUFFICIENTLY STRONG,SO THAT THE UNDER-RECOVERIES CLAIMED BY THE OMCs,WILL BE NEGATIVE!
ii)MNCs will profit due to exports,due to a weak Rupee,coupled with, cheap Labour,Land,Water,Power and other Infrastructure in India compared to the West.
iii)The Rothschilds' vested and conflict of interest,due to Shell India are obvious.Still Vikram Singh Mehta,while he was CEO of Shell India was ADVISOR to the Ministry Of Oil And Gas for 4 years!!!
iv)A WEAK Currency,is a form of massive taxation on the people,by STEALTH!.
There are hidden anti-India and pro-MNC motives here.
1.The Indian Oil Marketing Cos have been,UNETHICALLY,claiming,"UNDER-RECOVERIES",from 2005.The Media have been misused to misinform the Citizens that,the so-called,"under-recoveries" are LOSSES,while they are NOT.
These under-recoveries have been going on increasing from 2005,when they were started,though Petrol price has been hiked ,heavily from 2009, and the prices,of other petroleum fuels, have also been hiked heavily.
This is due to the diktat from the IMF.
Please google for:-
IMF Riot.
With such huge hikes in prices,of the petroleum fuels, the under-recoveries,should have been negative by now.But the vested interests want, these to be perpetual,so that the prices of the petroleum fuels can be hiked,regularly.
Bhatinda and Bina Refineries,are also reasons for the hikes.
2.M M Singh is very strongly suspected to be PLANTED by the Rothschilds,who are reported to control the IMF,of whose,employee, M M Singh was, while being the RBI Governor too.
Rothschilds are reported to have a penchant for BANKRUPTING Nations,by keeping the Fiscal Deficits HIGH and DIVESTMENT out of PSUs.
Not surprisingly,the Rothschilds,are Advisors to the GOI or rather,the UPA, for DIVESTMENT out of the Indian PSUs!What a shock!
They were initially involved in the restructuring of Air India but were later replaced.
3.HIGH under-recoveries will keep the Fiscal deficit HIGH.A weak Indian Rupee will keep the under-recoveries HIGHER!
4.The Rothschilds are in the Oil And Gas Business,in India via Shell India,a collaboration of the Rothschilds and Total of France.Shell India has a 100% FDI in LNG marketing in India from 2004,the year M M Singh was lucky to the PM of India.[It is, strongly suspected, that he was PLANTED as PM, by the Rothschilds' manipulations and shenanigans].
5.So the Rothschilds are able to make huge profits in their LNG business due to the HIGH Crude prices,as per an interview,with Forbes India, of ex-CEO Shell India,Vikram Singh Mehta,dated 27/4/2012!
6.The main aim is, BANKRUPTING India with a HIGH Fiscal Deficit due to HIGH under-recoveries,coupled with the so-called,DIVESTMENT out of the Indian PSUs.
THIS link provides details, as to what the great Polish Astronomer.Nicolaus Copernicus and Economist Keynes had to say about a weak Currency.An excerpt from the link above:-
"Keynes: “The process [of debauching the currency] engages all the hidden forces of economic law on the side
of destruction, and does it in a manner which not one man in a million is able to diagnose.” Copernicus: “[The
debasement of coinage] … is noticed by only a few very thoughtful people, since it does not operate all at once
and at a single blow, but gradually overthrows governments, and in a hidden, insidious way.”"
M M Singh is investing in Infrastructure,on the diktat of his Masters......Greece and Spain were bankrupted reportedly after the 2004 Olympics and Construction Boom [Investment in Infrastructure],respectively.
Hence a WEAK Rupee coupled with DIVESTMENT of the PSUs is a recipe for disaster for India!
7.Due to Globalization,many MNCs have set up, shops here with exports,as their main aim.A weak Rupee will be lucrative for them.
8.A WEAK Rupee will make Gold costlier for Indians,thus PREVENTING THEM FROM PRESERVING THEIR WEALTH,and supporting the US Dollar,too,as these two,[Gold and the US Dollar], have inverse relationship.
9.Indians,lose by the loss of purchasing Power due to a weak Rupee.Thus,it is 'stealing' the wealth of Indians,by a stealth TAX!
i)Under-recoveries, claimed by the OMCs,can be perpetual with a perpetually WEAK Rupee.
THE RUPEE HAS TO BE KEPT SUFFICIENTLY STRONG,SO THAT THE UNDER-RECOVERIES CLAIMED BY THE OMCs,WILL BE NEGATIVE!
ii)MNCs will profit due to exports,due to a weak Rupee,coupled with, cheap Labour,Land,Water,Power and other Infrastructure in India compared to the West.
iii)The Rothschilds' vested and conflict of interest,due to Shell India are obvious.Still Vikram Singh Mehta,while he was CEO of Shell India was ADVISOR to the Ministry Of Oil And Gas for 4 years!!!
iv)A WEAK Currency,is a form of massive taxation on the people,by STEALTH!.
Wednesday, March 27, 2013
Letter to the prez 27/3/2013
Honourable president,
SUBJECT:-India is being sold to Foreigners,her Sovereingty is AT stake.
Wish you,your Family and Staff a very happy Holi.
I am very much,worried about the policies of the M M Singh-led Coalition.I have written a letter to the 12th president of India,which can be found at this site.
http://ramadeva2.wordpress.com/
The present Coalition at the Centre under M M Singh has been misusing CRISIS CAPITALISM,to usher in anti-India and pro-MNC policies, which entail Loss of Revenue, Sovereignty(SEZs,FDIs and the proposed NMIZs).
The latest excuse by Chidambaram,to usher in FDI in Defence citing,high CAD is the height of it.Please see the following link:-
http://www.moneycontrol.com/news/cnbc-tv18-comments/finmin-mulls-measures-as-q3fy13-cad-may-hit-6-sources_843457.htmltoptag
First India has to reduce Crude Oil import,which is not done to:-
i)Maintain the primacy of the US Dollar.This will initiate a vicious cycle,in Rupee viz-a-viz the US Dollar.
ii)Appease the MNC and Indian Automakers.
ii)To sell a high level of petroleum fuels for the profit of Oil Cos especially the private ones,by encouraging Consumerism with cheap loans from banks to buy vehicles like csrs, SUVs etc.
The other areas in which the Nation is losing ,and hence need immediate and urgent attention,are:-
1.Tax-evasion under the pretext of "Charity in Education".Charity has been misused by many "profitable educational institutions",as per reports.
This will pose a very great danger in Future or is already doing so,via Charity in Education,used as FRONT.
This is reminiscent of the tax-exempt Foundations of the USA,as revealed by eminent,late Mr Norman Dodd. Please use the following links:-
http://www.youtube.com/watch?v=YUYCBfmIcHM
http://vimeo.com/8611105
2.The stimuli started in 2008 ,have to be stopped.these are also SUBSIDIES.These ERODE the wealth of Indians,due to erosion in the value of the Rupee.
3.In this context India has to take up,with WTO,the QEs and printing of notes by the US Federal Reserve,ECB,BoE and BoJ etc.These are also SUBSIDIES and hence unfair.
They export the USA's Inflation worldwide which includes India too.
4.Under-recoveries claimed by the OMCs are IMAGINARY.They are misused mainly to HIKE the prices of INDIVIDUAL petroleum fuels,to benefit the Private players,the MNCs and Indian private players.
Cost-based pricing of petroleum fuels,which was being used till 1990s,was replaced UNETHICALLY.In the Cost-based pricing,the prices of INDIVIDUAL petroleum fuels is NOT POSSIBLE.My Cost-based pricing,using break even rice,shows that the OMcs make a profit of Rs 2000 per barrel of Crude refined.Please use the following links:-
http://veerar-analysis.blogspot.in/2012/04/deregulationomcsunder-recoveries-and.html
http://veerar-analysis.blogspot.in/2011/12/globalists-and-usas-way-of-getting.html
http://indiatracker.wordpress.com/2012/06/23/unethical-pricing-of-petroelum-products-in-india/
In addition,the tax collected by the National Exchequer(Centre and States combined), is always far more than the so called SUBSIDY.
obcp
5.FTAs are being signed or about to be signed left,right and centre,which will pose a very great threat to the survival of India,her businesses and her Sovereignty.
FTAs should NOT be signed.
6.Most of these are due to, possible and strongly suspected DOMINATION of the IMF and the World Bank in India's decision-making.
Honourable President,I request,that India be NOT sold to Foreigners and he Sovereignty maintained,which the present polices will not be ab le to.
.
Thanking You,
Yours truly,
K.V.Sadasivan
Your Request/Grievance is Registered Successfully!!
Sunday, February 24, 2013
WEEKLY TREND;24/2/2013
1.Indian Stock Markets may be flat.
Indian Banks have to meet Basel III norms by April this year.Banking Stocks may be under pressure.
India Inc face CDR and FCCB problems.
2.BDI is low.Global Economy is weak.
3.Crude price, is suspected to kept high, by manipulation while other Commodities like Gold,Silver,Copper etc fall HEAVILY.
There seems, to be some connection among:-
i)Crude price [manipulated]
ii)India's Rupee in the hands of the FIIs [manipulated]
iii)The OMCs raising the prices of petroleum fuels at will with total disregard to the Democratic Republic Of India,transparency etc.
iv)Items above have relations with MNCs and private players gaining by the hikes in the petroleum fuel prices.
India's OMCs are making HUGE profits,as per my calculation.I have sent a letter to the President of India regarding the same.
4. Because of item 3 above and expected hikes in Railway Budget,this month,Inflation may rise.
5.Gold,Silver,Copper and other Commodities[which include Food Items],long term BULLISH,as HYPER-INFLATION is expected.
The UPA II Government simply,does not want to control the Inflation.
6.M M Singh has started talking about GMO.So also,the Minister For Agriculture,Sharad Pawar.Food Security Bill,proposed,seems to have an indirect connection to GMO and may exploited by the UPA II Government.
GMO stocks are fancied,as some MORE concessions may be offered to the Foreign GMO Cos.
The UPA II Government is under pressure from outside forces to usher in anti-India and pro-MNC policies.
Indian Banks have to meet Basel III norms by April this year.Banking Stocks may be under pressure.
India Inc face CDR and FCCB problems.
2.BDI is low.Global Economy is weak.
3.Crude price, is suspected to kept high, by manipulation while other Commodities like Gold,Silver,Copper etc fall HEAVILY.
There seems, to be some connection among:-
i)Crude price [manipulated]
ii)India's Rupee in the hands of the FIIs [manipulated]
iii)The OMCs raising the prices of petroleum fuels at will with total disregard to the Democratic Republic Of India,transparency etc.
iv)Items above have relations with MNCs and private players gaining by the hikes in the petroleum fuel prices.
India's OMCs are making HUGE profits,as per my calculation.I have sent a letter to the President of India regarding the same.
4. Because of item 3 above and expected hikes in Railway Budget,this month,Inflation may rise.
5.Gold,Silver,Copper and other Commodities[which include Food Items],long term BULLISH,as HYPER-INFLATION is expected.
The UPA II Government simply,does not want to control the Inflation.
6.M M Singh has started talking about GMO.So also,the Minister For Agriculture,Sharad Pawar.Food Security Bill,proposed,seems to have an indirect connection to GMO and may exploited by the UPA II Government.
GMO stocks are fancied,as some MORE concessions may be offered to the Foreign GMO Cos.
The UPA II Government is under pressure from outside forces to usher in anti-India and pro-MNC policies.
Sunday, April 29, 2012
Weekly Trend;29/4/2012
Special Trading.Sensex +53;17187
Indian:-
Flaws in UIDAI[misuse of personal Data,that is,identity theft].Read here.Identity theft is a great risk in UIDAI[Aadhaar].
3.MM Singh threatens to rise Petroleum Fuel prices.But,he has no ground, moral,technical or otherwise to raise the prices of fuels.The reasons:- 1.Till 2004 the OMCs were running on HUGE profits, when BJP was in Power. 2.From 2004,when MM Singh became the PM,the "accounting trick" and LIE,UNDER-RECOVERIES,were MISUSED.Hence the OMCs WERE shown to be running on LOSS,from then on,though they were and ARE, actually making HUGE profits.
4.UPA fixes Daily Wages Poverty line:Rs 66/-, in Urban and Rs 35/-, in rural areas.Read here.
5.UPA's VVIP Helicopter scam.Read here.
6.8 core industries' growth slows by 4.5% yoy,march.Read here.
Global:-
1.Fukushima radiation wrecks Japan.
2.US and other western economies continue to suffer,thanks to the Globalists who want to wreck all nations for forming One World Totalitarian Government.Manipulation and stealing of National Wealth is the order of the day.IMF tries to raise more money.
US economy slows to 2.2% in the first Q.Read here.
3.Goldman postpones paying 99% of its tax to the UK Govt by a year.Read here.
Indian:-
1.The market may be volatile,Q4 results expected.Commerce Secretary pessimistic about 2012/13.
2.UPA uses PAN card,into an Aadhaar-clone, for converting India into a Police State.Read here.Flaws in UIDAI[misuse of personal Data,that is,identity theft].Read here.Identity theft is a great risk in UIDAI[Aadhaar].
3.MM Singh threatens to rise Petroleum Fuel prices.But,he has no ground, moral,technical or otherwise to raise the prices of fuels.The reasons:- 1.Till 2004 the OMCs were running on HUGE profits, when BJP was in Power. 2.From 2004,when MM Singh became the PM,the "accounting trick" and LIE,UNDER-RECOVERIES,were MISUSED.Hence the OMCs WERE shown to be running on LOSS,from then on,though they were and ARE, actually making HUGE profits.
4.UPA fixes Daily Wages Poverty line:Rs 66/-, in Urban and Rs 35/-, in rural areas.Read here.
5.UPA's VVIP Helicopter scam.Read here.
6.8 core industries' growth slows by 4.5% yoy,march.Read here.
1.Fukushima radiation wrecks Japan.
2.US and other western economies continue to suffer,thanks to the Globalists who want to wreck all nations for forming One World Totalitarian Government.Manipulation and stealing of National Wealth is the order of the day.IMF tries to raise more money.
US economy slows to 2.2% in the first Q.Read here.
3.Goldman postpones paying 99% of its tax to the UK Govt by a year.Read here.
Saturday, March 17, 2012
Pranab Mukherjee Talks Of Diesel Price Deregulation...
Pranab Mukherjee Talks Of Diesel Price Deregulation...
Petrol And Diesel prices 'deregulation',NOT JUSTIFIED....
Many manipulations are involved,like imaginary claims,not considering exports,etc...A Government is not expected to resort to these,which the Indira Congress party,does on the diktats of the World Bank etc
As per Press Information Bureau,GOI,Ministry Of Petroleum And Natural Gas,dated,2/8/2011,the following apply,as regards Diesel price,applicable as on 1/8/2011.
Diesel price as on 01.08.2011
(Rs. per litre)
Price paid to refinery @ Trade Parity
|
37.46
|
Inland Freight
|
+ 0.69
|
Marketing Cost and Margin
|
+ 1.39
|
Excise Duty (including cess etc.)
|
+ 2.06
|
Total Desired Price before VAT and Dealer Commission
|
= 41.60
|
Less: Under recovery
|
(-) 6.06
|
Price Charged to Customer - Depot Price
|
= 35.54
|
Dealer Commission
|
+ 0.91
|
VAT (Including VAT on dealer commission.) *
|
+ 4.84
|
Retail Selling Price
|
= 41.29
|
*VAT as per Delhi. It ranges from 26 % to 9.08 % from State to State
As informed by the Indian Oil Corporation Limited the build up of the current retail selling price of Petrol at Delhi is as under:
1.Marketing Cost and Margin = Rs 1.39
2.Under recovery =Rs 6.06.THIS IS IMAGINARY,and has to be ignored.
3.Dealer Commission = Rs 0.91
4.VAT on Dealer Commission = Rs 0.25,maximum.
Why do the reportedly,loss-making OMCs offer such a huge Dealer Commission and VAT on the same?Please google for:-
1.What are under-recoveries.
2.PIL against under-recoveries
An Audit of the accounts is a must.
From TOI dated,6/10/2011
KOCHI: The under recovery concept, which is so often cited by petroleum companies in the public domain as the reason for hiking fuel prices in the country, is under challenge at the Kerala high court through a petition filed by former ember of Parliament PC Thomas.While political organizations here are calling for reducing taxes, PC Thomas is attacking the concept of under recovery itself, challenging that levying rates by comparing with international prices while refining is done within the country amounts to duping the public.
Prices of petroleum products are fixed by adopting Import Parity Price. The logic behind the said calculation is that had there not been any oil refining companies in the country, all petroleum products should have been imported from foreign countries. Therefore, the citizens are liable to pay for petroleum products at the import rate.
[My comment:-This is absurd]
PC Thomas, who appeared at the High Court in person challenging the oil price policy, states that the central government is conveniently concealing the fact that oil production in the country is 30 per cent higher than the actual need and 25 per cent of the actual need of crude oil is extracted domestically.Moreover, India doesn't import petroleum products but only crude oil, which is refined in refineries domestically at a much lower rate than the global rate. However, the oil companies are charging Import Parity Price for petroleum products, not of crude oil, which is unethical and is an irrational pricing method, PC Thomas contends.The former MP is calling for a roll back from deregulation of petrol price and impose control over the same so that oil companies cannot increase the price arbitrarily. He is also seeking a court order to roll back from charging International Parity Price for petroleum products.
To be continued....
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