SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD

Mastti Channel is doing very good for SAB TV and promoter are looking for creating some good wealth for investors. One with patience and investment time frame of 6-9 months can easily make 100% returns from here on.

You can see the potential and support it has got near 45 levels. And in falling market whr all small caps took the beating on friday this was the one which kept in green levels, and almost near to circuit levels. Invest with some good patience and one will surely make money in it.

It had posted some excellent results for Sep 2010 qtr. Profit increased to 1.4 cr from loss of .81 cr same qtr last year and from june qtr also profit increased to 1.44 cr from 1.39cr, that is consitant performance qtr on qtr. And as Mastti Channel grows with Raju Shrivastava, profit and advertisement revenue should be growing. Also SAB TV is planning to launch a second channel soon, may be around March 2011. (as per market talks)

Old story on Same stock. Above are the new developments. It is very good counter and corrected from 75 levels and now a good buy. Buy it before it rises. Almost recession and fall free as not involved in industry or manufacturing type of business.

Sri Adhikari Brothers Television Network (BSE CODE 530943) is the first listed media software company in India. Started by brothers Mr. Gautam Adhikari and Mr. Markand Adhikari in 1985, Sri Adhikari Brothers Television Network Ltd. and has successfully transformed from a small family owned business to one of the big names in the television entertainment industry. A number of popular programes produced by SAB between 1995 to 2005 which includes Made in India, Tea Time Manoranjan, Suraag, Sunhare Pal, All the Best, Commander, Waqt Ki Raftar, Shriman Shrimathi and many more for various TV Channels. Company was performed exceedingly well till 2001 and its share price touched Rs.2350/- in February 2000. Company’s misfortune starts with the launch of its own TV Channel SAB TV, which turn as a disaster. In order to launch this channel company raised huge debt which it could not serviced and its content development business affected severely. The new TV Channel too didn’t pick up and ultimately sold it to Sony for 57 crore.

Now after many years, Promoters understood the factors led to the failure of their business and decided to revitalize the content production business. Earlier they spitted the face value of shares and now again it consolidated to Rs.10/-. In February 2010 company allotted 2925000 warrants to promoters which will be converted into shares @ 31.85. Recently company bought back its entire outstanding FCCB (Total value 10 crore) which was allotted in 2007. In financial front too company’s performance improved and it posted 60% growth in turnover and net turn to positive after many many years in this December qtr. Now company is planning to develop a production studio in Mumbai to reduce the cost of production of content and land is already with the company. All these are positive signs and considering the experience of promoters and their new initiatives, this company may turn to be a phoenix from the ashes.

News before launch of mastti channel--http://www.livemint.com/2010/06/03221033/Sri-Adhikari-Brothers-to-launc.html?atype=tp