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Seshu Kanuri

Seshu Kanuri
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  • Alloy Steel International: Founder's Death Will Have Significant Implications [View article]
    That was not my block. I have diluted it over the last 8 weeks.
    May 22 09:54 AM | Likes Like |Link to Comment
  • Alloy Steel International: Founder's Death Will Have Significant Implications [View article]
    I was long on this one and was very optimistic but not anymore.
    Here are my reasons why I have bailed:
    1. AYSI has not made much inroads in Indonesia and their Investment in Mongolia seems to have been a loser.
    2. US Market for AYSI is yet to ramp up. Market development in US is an expensive proposition, needing both time and money. AYSI is a small player to do this alone.
    3. Results of Last announced quarter (Oct-Dec 2013) were not that impressive.
    4. Concern of short term exposure to its investments outside Australia needs to be taken into account.

    However it would be good to wait and see what the results of the just finished quarter is looking like.
    May 21 02:47 PM | Likes Like |Link to Comment
  • Selling Exide [View article]
    It will rise to $2 or so in the next couple of days due to the re-opening of the Vernon Plant.
    Mar 20 03:32 PM | Likes Like |Link to Comment
  • Why Exide Could Be A Compelling Speculative Buy [View article]
    The Vernon Plant is going to b opened very soon. Let us make some money on this cash cow now.
    Mar 20 03:31 PM | Likes Like |Link to Comment
  • ModernGraham Quarterly Valuation Of EMC Corporation [View article]
    Oracle's heydays are numbered, as per this news posting and results:
    Mar 19 06:22 PM | Likes Like |Link to Comment
  • EMC: Undervalued And Finally Moving Higher [View article]
    Disclosure: I work for EMC.

    EMC has always been under the shadow of IBM on the hardware side and Microsoft on the Software Side. It was not a single Integrated Unit like IBM or Tearadata which had all the components to make it a full service company - but that was in the rearview mirror. Not anymore for EMC.

    EMC now is a growth engine, driven by expanding Hardware business, with Pivotal adding tremendous momentum in terms of Hardware and Big Data Software and integrating the same with the cloud fabric.

    But that is only half of the story. What is driving growth is the Professional Services segment which is moving like a Cat 5 Hurricane and this is the payback to IBM and Teradata in their own currency. HP Never went in this model seriously and they lost it out in the Big Data services business by shutting down Neoview.

    The services area has un-limited potential for EMC, only if they can muster enough people to deliver the client expectations and this is where the shortage is due to the new technologies where enough skills are not available. A Catch-22 problem but a Glass Half full opportunity.
    Mar 17 01:32 PM | 4 Likes Like |Link to Comment
  • EMC Corporation: Big Data And Cloud Computing Are The Future [View article]
    Disclosure: I work for EMC.
    What is WSO2? never heard of it before.
    I agree that the competition is fierce in Big Data world and there are already a couple of players who are losing the marketshare - IBM and Teradata. EMC/Pivotal is gaining ground from them.
    Cloudera, HortonWorks, MongoDB etc will remain niche players and will never be mainstream. Informatica will remain a tooling provider and they are not structured to be the 'data fabric'.

    EMC will be the winner with its' Pivotal Initiative, VM Ware Cloud Fabric and Data Science Lab expertise.
    Mar 17 11:47 AM | 2 Likes Like |Link to Comment
  • EMC: Undervalued And Finally Moving Higher [View article]
    I agree with the tenor of the article but do not agree with the predictions about the future prospects. The author has not touched upon many of the agressive growth components of "EMC Federation" such as Pivotal and RSA. My guess is that EMC will have a spectacular growth, considering the Big Data business that is being generated from its PIVOTAL division. The new security business prospects from credit card companies due to the Target Credit Card theft and the overall growth prospects in cloud services from VMWare are phenominal.
    Mar 17 09:22 AM | Likes Like |Link to Comment
  • Nationstar Mortgage Holdings, Inc. Offers Significant Upside [View article]

    Nationstar Mortgage Holdings Inc. (NYSE: NSM) ("Nationstar") received this morning at 11:01 a.m. ET a letter from Benjamin Lawsky, Superintendent of the New York Department of Financial Services. The letter inquires about Nationstar's servicing portfolio growth and mortgage servicing practices in 2013. It further requests that Nationstar provide the department with information regarding our servicing portfolio, staffing levels, business processes, vendors, 2013 mortgage servicing rights (MSR) acquisitions and borrower letters.

    In response, Nationstar's CEO Jay Bray said, "We intend to comply fully and transparently with Mr. Lawsky's request, just as we do when working with the dozens of state and federal regulators who oversee our business and industry on a daily basis. We helped more than 100,000 of our 2.3 million customers with loan modifications and other workouts last year, and we refinanced mortgages for more than 60,000 homeowners in 2013 as well. We have a proven track record of helping homeowners succeed and avoid foreclosure, and we welcome the opportunity to share this information with the New York Department of Financial Services."

    About Nationstar Mortgage Holdings Inc.

    Based in Lewisville, Texas, Nationstar offers servicing, origi nation, and real estate services to financial institutions and consumers. Nationstar is one of the largest servicers in the United States and operates an integrated loan origination business that mitigates servicing portfolio run-off and improves credit performance for loan investors. Our Solutionstar business unit offers asset management, settlement, valuation and processing services. Additional corporate information is available at

    SOURCE: Nationstar Mortgage Holdings Inc.

    Nationstar Mortgage Holdings Inc. Marshall Murphy, 469-549-3005
    Mar 5 01:40 PM | Likes Like |Link to Comment
  • A Little Dot Com Deja Vu [View article]
    Platonicomb:"Freely send text and files to users worldwide without going through email or Facebook (well, until now). That has a huge appeal."

    What are you talking about? Ever heard of Skype or any of those other messengers? There are hundreds of those free apps which provide such service.
    Feb 24 10:04 AM | 5 Likes Like |Link to Comment
  • A Little Dot Com Deja Vu [View article]
    There were many examples in the history of Silicon Valley Merger Drama Series - 1.7 Billion Altavista Acquisition by Yahoo, 8 Billion acquisition of Autonomy by HP etc.
    This merger is another one for the record books.
    Feb 24 10:01 AM | 1 Like Like |Link to Comment
  • Alloy Steel Shares Spike 80% Thursday But Still Have A Bargain Basement Valuation [View article]
    Quarters Ended December 31, 2013 and 2012


    Sales $ 6,421,655 $ 6,590,943

    Cost of Sales (3,267,239) (3,612,521)

    Gross Profit 3,154,416 2,978,422

    Operating Expenses
    Selling, general and administrative



    Profit From Operations 1,842,321 1,373,670

    Other Income (Expense)
    Interest income 24,163 1,320
    Interest expense (5,755) (11,949)
    Sundry income 14,631 -
    Realised foreign exchange profit (loss) 12,367 (18,435)
    Unrealised foreign exchange profit (loss) 313,771 18,892
    359,177 (10,172)

    Income Before Income Tax Expense 2,201,498


    Income tax expense (673,503) (507,204)

    Net Income



    Net income attributable to non-controlling interests



    Net Income Attributable to Stockholders

    $ 1,528,457

    $ 857,200

    Basic Income and Diluted Income per Common Share

    $ 0.09

    $ 0.05

    Weighted Average Common Shares Used in computing
    basic and diluted income (loss) per share


    Feb 18 04:50 PM | Likes Like |Link to Comment
  • Alloy Steel Shares Spike 80% Thursday But Still Have A Bargain Basement Valuation [View article]
    PERTH, Australia, Feb. 10, 2014 /PRNewswire/ -- Alloy Steel International, Inc. (OTC: AYSI) advises the resignation of Director and Chief Financial Officer Barry Woodhouse to pursue other interests. The Board wishes well for Mr Woodhouse and at this stage his Director position will remain vacant.

    SOURCE Alloy Steel International, Inc.
    /CONTACT: Sam Dahanayake, Company Secretary, +61-8-9248 3188
    Feb 10 04:29 PM | Likes Like |Link to Comment
  • Yahoo adds to losses; sell-side worries about Alibaba, share loss [View news story]
    This is what happens when you bring a loser on board as CEO of a web company that is drifting into oblivion as Yahoo does not have any USP left.

    Entire board should be fired and whatever they have paid to the current CEO, should be recovered till the last penny. This board is like US Congress with John Boehner running the show.
    Jan 29 01:59 PM | Likes Like |Link to Comment
  • Alloy Steel Shares Spike 80% Thursday But Still Have A Bargain Basement Valuation [View article]
    32 Cents + 25% YoY Growth in EPS=40 Cents
    Additional Income from Indonesia and Mongolian operations=32 Cents Projected.
    Jan 29 01:49 PM | Likes Like |Link to Comment