Kotak Securities Daily Morning Brief, INDIA DAILY,...
ALMONDZ TRENDZ - Wake-up Callz 16 April
UTISEC Research - Fortis Healthcare Ltd - IPO Note...
Sharekhan - FortisHealth-IPO, Q4FY07FMCGPreview
ILFS Infosys Q4FY07 Result Update (IISL)
HDFC Securities - Fortis Healthcare Ltd
EDELWEISS MARKET SCAN
Quantum Information Services (equitymaster) - Guja...
TCS Q4 net jumps 44% on strong demand
Prabhudas - Fortis Health care
Man financial - Mphasis
JP Morgan Sasken
IDBI Capital Fortis Healthcare IPO Note
TCS Clocks $4.3 Billion in Revenues for 2006-07
Welcome New Fiscal 2008 - Look Out For Potential W...
The IMF Predicts an Energetic World Economy
Does P/E Matter?
Inflation
10paisa.com & midcap.in Newsletter
RELIGARE RESEARCH - Fortis Healthcare IPO Note
Angel Broking - Results Preview - Q4FY2007
STOCKS WITH SPIKE IN VOLUMES
DSP Merrill Lynch - Industry Overview (Telecom Ser...
The future of commodity market
Mutual Fund Update
Buy ABG Shipyard; target of Rs 500: Angel Broking
Gayatri Projects an outperformer; target of Rs 343...
50 commandments for a successful stock trader
Sharekhan - Commodities Buzz, Highnoon (16 apr)
Emkay - Garware Offshore Initiating Coverage, Morn...
Edelweiss - DAILY TRADING NOTES, weekly update, DA...
Anand Rathi Securities Weekly_Strategist, Weekly_T...
Anagram’s Daily Call 16 April.
CAPITAL MARKET Apr 09 – 22
ALPHAGEO INDIA
Macquarie - Reliance Industries 10 Apr
MOSt Derivatives Daily 16 Apr
Angel Broking - Weekly Review
karvy - trade winds
Research Reports
J.P. Morgan - Dr Reddy's Limited
JM MORGAN STANLEY - Debt Funds Investment Strategy...
Karvy Gateway Distriparks (Rs169) - Results Previe...
J.P. Morgan India - Infosys Technologies
JM MORGAN STANLEY - FORTIS HEALTHCARE LIMITED IPO
Infinity.com - SHRIRAM TRANSPORT FINANCE
indiainfoline - Commodity Report, Base Metals
Stocks you can pick-up this week
India Investment Daily - Citigroup (13 Apr)
Interest Forecasts - Citigroup
Currency Forecast - Citigroup
India Emerging Cities Q12007 by Knight Frank
GOLDMAN SACHS - India: Technology: IT Services
IL&FS - Punjab National Bank
IL&FS - Gujarat NRE Coke
IL&FS Investsmart - Automobile Roadmap
IDBI Capital - Oil Country Tubular Ltd.
IDBI Capital - Karnataka Bank (Buzzing Stock)
First Global - Power Transmission Towers
First Global - Indian Retail Sector
ABN AMRO on Auto Components
EMKAY - Weekly Technical Perspective
Emkay - Weekly Derivatives Round Up
Emkay - Event Update
EMKAY - Morning Meeting Notes
EMKAY - Cinemax India Limited
Dawnay Day Daily Digest April 13
BEAR STEARNS - Asia watch
On Infosys Result - Dalal & Broacha
Special Review of Relince Industries by BATLIVALA ...
CLSA - DISH TV India
CLSA - Asian Market
Citigroup - Cairn India
Infosys Result - ASK RJ
Daily Call (ist call)- Anandrathi
Daily Snippet - Anandrathi
The Strategist - Anandrathi
Anagram’s Daily Call (13 apr)
ALMONDZ TRENDZ daily technicals
Due to technical reasons was't able to update
Power Trading Corporation of India idbni cap
Jindal Drilling & Industries Ltd idbi capital
Sharekhan's Eagle Eye Commodity
JSW Steel Ltd idbi cap
Friday, April 20, 2007
indian stock market
Wednesday, February 28, 2007
Ocarina of Time arrives on Wii Virtual Console
The Legend of Zelda: Ocarina of Time, regarded as the best installment in the long-running Zelda series, has made its anticipated arrival on the Wii's Virtual Console as part of the digital store's weekly update.
The game was first released nearly 10 years ago, in 1998, for the Nintendo 64. It remains the benchmark for new additions to the Zelda series. It still garners some top honors, such as the title of the product with the best reviews at Amazon.com during the year for 2006.
The Virtual Console debut marks the first widely available re-release of Ocarina of Time. There was also a limited edition version that was made for the Gamecube, but it was only available through certain Nintendo promotions.
Also making its way to the Virtual Console is vintage NES title Kid Icarus, which sells for 500 Wii Points ($5). Ocarina of Time carries the standard N64 price of 1000 Wii Points ($10). Both titles are available now.
www.tgdaily.com
Newsbriefs: MySims, Alien Hominid XBLA, Game Connection
Electronic Arts has announced the western release of its previously Japanese revealed MySims, the latest Nintendo DS and Wii exclusive franchise development in the massively popular Sims series. More "toy-like" than previous Sims developments, MySims "moves the player to a delightful but disorganized town" where players can "re-shape everything and make it their own" through the use of building blocks, patterns and creativity tools. EA promises players will be able to "design furniture and appliances, architect new homes and businesses, and re-define the entire MySims landscape." Said MySims executive producer Tim LeTourneau, “We want MySims to provide a creative play experience like never before on a video game system. By giving players the tools to create literally any kind of world they want in MySims, we’re reinforcing the idea that the players create the magic. Will the town support a plethora of spooky, mysterious townsfolk – or buzz with the laughter and smiles of fun-loving Sims? It’s your call! In MySims, what players make… makes all the difference!” The game is expected for a fall 2007 release on both DS and Wii platforms.
Microsoft has announced that this Wednesday's regular Xbox Live Arcade update will feature the premiere of The Behemoth's cult shooter favorite Alien Hominid HD. Previously released for a wide variety of platforms including PS2, Xbox, GameCube, GBA and mobile phone, the Xbox Live Arcade version will feature all 16 levels, seven minigames - including 'All You Can Eat' and the previous console version's 'PDA' platforming minigame. The Live Arcade version will also include leaderboard high score tracking for both the main game and the various minigames. Multiplayer for the main Alien Hominid HD game remains offline for this release, but up to four players can play its minigames over Xbox Live. The game will cost 800 Microsoft Points ($10).
Game business event producer Connection Events has announced its final list of exhibitors attending its 'Game Connection @ GDC 2007.' The event enables meetings between developers and publishers for the creation and financing of video games. Connection Events has confirmed that companies such as 1C Company, Akella, Rebellion, Blitz Games, Sumo Digital, and DC Studios will be attendance along with over 200 more. The full list of attendees (pdf) can be found via Game Connection's official website.
via gamasutra.com
New Update Coming for CABAL
ABAL Online Europe the epic fast paced MMORPG, is proud to announce its first major content expansion
Based around the wasted continent of Nevareth, CABAL incorporates the fast paced elements of console gaming with the true spirit and role play of an online community. In what has been a period of sustained battle, over 185,000 heroes have joined forces so far, in an attempt to quell the power of the sages.
CABAL is more than a mindless hack and slash action game as teamwork, involving a captivating mix of puzzles, battles and quests, is key to overcoming the forces of evil. Yet while the aid continues to flow into the lands, the power of the Sages remains strong. Sensing a turn of tides in the battle, the Sages have opened new portals, unleashing new followers to overcome the young heroes.
What lies ahead is more instability, as the future of Nevareth is once again in jeopardy; Sages beware! The Age of Man is Coming!
CABAL: The Age of Man, is the first in a series of planned updates in 2007 to CABAL Online. Inline with our policy of constant updates to our games, it will include:
- Through one of the portals, you will now be able to access a brand new region of CABAL Online. It will contain brand new enemies to face (in the form of several new monsters for players over level 125) and will also be war enabled – get ready to face friends and foe alike.
- In this new region you will find two new dungeons. Once again these dungeons are controlled by a new range of monsters and are for players only of the highest level and caliber. Are you up to the challenge?
- In order to give the heroes a fighting chance, you will now be able to obtain brand new items and enchant your accessories. With these new additions, you have the tools needed to face the challenges which lie ahead.
- In such turbulent times, it is understandable that the loyalty of some may waver. Players can now change their allegiances from their existing nation to the other alternative. Of course, players will need to prove their desire to change; a quest will need to be completed at one of the NPC’s.
- Xfire is now fully compatible with CABAL online. Players can use Xfire in game, improving the social tools available to you. For more information on what can be offered, see the Xfire site – www.xfire.com.
The above outlined changes are only the major changes which will take place on launch day. Many features have already began to be implemented in preceding weeks and several more will be introduced over the coming months.
For more information visit the dedicated site for the brand new patch, found at http://www.cabalonline.com/update7webtest/NewUpdate7Webpage.html. Keep an eye on this site as we will reveal more details on the upcoming changes in the next several weeks.
THREE NEW CLASSIC GAMES ANNOUNCED FOR WII SHOP CHANNEL
Nintendo adds three new classic games to the popular Wii™ video game system's Wii Shop Channel. The games go live at 9 a.m. Pacific time. Nintendo adds new games to the channel every Monday. Wii owners with a high-speed Internet connection can redeem Wii Points™ to download the games. Wii Points can be purchased in the Wii Shop Channel or at retail outlets. This week's new games are:
The Legend of Zelda®: Ocarina of Time (Nintendo 64®, 1 player, 1,000 Wii Points): The Legend of Zelda: Ocarina of Time reveals the genesis of the fantasy land of Hyrule, the origin of the Triforce and the tale of the first exploits of Princess Zelda™ and the heroic adventurer Link. Vibrant, real-time 3-D graphics transport players into the fantasy world of Hyrule. The quest takes them through dense forests and across wind-whipped deserts. Players swim raging rivers, climb treacherous mountains, dash on horseback across rolling hills and delve into dungeons full of creatures that fight to the finish to put an end to their adventures. With immersive graphics, a sweeping story line, swashbuckling adventure, mind-bending puzzles and a touch of humor, The Legend of Zelda: Ocarina of Time is one of Nintendo's most epic challenges ever.
Bio-Hazard Battle™ (Sega Genesis, 1-2 players, 800 Wii Points): An army of biogenetic mutants has gone haywire, terrorizing the world and putting the future of the planet in jeopardy. In Bio-Hazard Battle, players must take on the mutant menace and restore order and harmony to the planet Avaron before it's too late. Through eight levels of intense action, they'll be up against some of the nastiest, most vile creatures they've ever seen, including things like mega amoebas, nuclear crabs, electroworms and gut-grabbing insects. They have four different Bioship fightercraft to choose from, each with unique handling capabilities and weapons systems. Hop into a fightercraft and save Avaron from certain doom in Bio-Hazard Battle.
Chew Man Fu (TurboGrafx16, 1-2 players, 600 Wii Points): A novel action-puzzle game set in the sacred towers taken over by the evil sorcerer, Chew Man Fu. It's up to an apprentice female monk to free the towers and lift Chew's curse to bring peace and fried rice back to the land once ruled by the Egg Roll Dynasty. The rules are simple. The objective is to clear each round by pushing or pulling four colored orbs onto their matching colored tiles. Beware the sorcerer's minions in the tower who stand in the way. Players kick the orbs to take enemies out or to break down walls. They must overcome the obstacles and place the orbs on their respective tiles. Chew Man Fu also features the two-player Kick Ball minigame, as well as an Edit Mode for creating unique stages. The fun is endless.
Sunday, February 25, 2007
AOL Says PS3 Is #2 Gadget You Should Not Buy
With this being a PlayStation 3 site it is imperative that as journalists we all keep in mind the fact that most of the fans who read this site will likely be PlayStation gamers and fans who are loyal to Sony or enjoy Sony’s gaming experiences. With that said though I must also post the news even if it does not agree with many of our reader’s taste.
This is the case with this latest story as AOL has named the Sony PlayStation 3 the #2 gadget you should not buy and basically avoid at all costs. The article was posted on AOL Money and Finance as AOL put together a list of the top five gadgets you should not buy.
The post by AOL read as follows:
"If you’re a gamer, chances are there’s a Sony PlayStation 3 on your wish list. And while the game system’s initial bugs (games freezing and problems with set up) appear to be fixed thanks to a recent upgrade, there are still a couple of reasons to hold off owning one. Specifically, there are a limited number of new games available and the system carries a steep price tag. Currently, there are only 32 new PS3 games for sale at Sonystyle.com: Six of them are ready for delivery, 13 are on backorder, and 13 can be pre-ordered for when they are finally released. (Many release dates for new titles keep getting pushed back.)
Thursday, February 22, 2007
Sony risks falling out of console battle
The three points of the triangle are cost, installed base and games. If you don't have two of them, the third will never happen, and if you do have two, the third will come for free. Basically it is a feedback loop, you will excel at all three and ramp up the numbers or you will be in a death spiral quicker than you can say comprehensive Blu-Ray crack. There is no middle ground.
Let's look at these things individually starting with cost, you can use price somewhat interchangeably however. Cost is what a console maker has to shell out to get the box on the shelves, price is what you have to shell out to get it off the shelf.
Cost is the more interesting one of the two mainly because price is artificial, almost every console maker subsidizes the initial cost of a console in order to sell more. The PS3 was stupidly expensive at $600, but even at that, Sony was eating about $200 putting the cost at around $800. They plan to make it up by getting a kickback of $10-15 per game sold, so if the buyer buys 15 or so games over the life of the console, Sony will break even.
As time goes on, parts get cheaper, chips get shrunk, and technology marches on, so the cost to the console makers goes down, which can either be reflected in the price you pay or the profit they make. It usually ends up as a little of both.
That brings us to installed base. The cheaper the consoles are, the more they sell. A $99 Xbox360 would probably have sold 25 times as much as a $400 one in 2006, but I doubt MS would be willing to eat the $420 per unit that it would have taken to do that. If MS sold 10 million units in calendar 2006, a $420 loss per unit would be a hit of just over $ 4 billlion. Not bad, but you probably would be buying $99 games to go with the $99 console to make the numbers work at the accounting department in Redmond.
The first bit of the virtuous circle is that when the installed base, IE the number of units sold climbs, the cost goes down. If you want to make a grand total of 10 Xbox360s, the development costs, tooling, advertising and other costs are going to make each one cost tens of millions of dollars, possibly hundreds.
At a million units, the cost goes down a lot, to the humanly affordable range, and by the time you hit tens of millions of units, the fixed costs go down even more per unit. You can also negotiate better pricing with suppliers, and in general things get cheaper. Take home message, higher the number sold, the cheaper each one is.
So the more MS or Sony sell, the more money they make, or at least the less they lose, and the quicker they can drop the price. The more they drop the price, the more they sell. Conversely the less they sell, the longer it takes to drop costs and the longer they have to eat money on each console. The death spiral comes in when they can't drop prices enough to stop the initial eating of cash. Two $100 bills effectively tacked to each PS3 box times 10 million units is a lot of money.
The only thing that could be worse than the continual loss of $200 per unit is not eventually making up for it in software sales. This where our third point of the circle (yeah, I know) comes in, software. For every game sold, the console maker gets a cut, usually a pretty hefty cut, but the exact amount is a closely guarded secret. When I was writing for the Atari Jaguar, it was about $5 per cartridge, and the grapevine tells me the number now is about $10-15 per disk sold.
This number is highly negotiable, if you are a big name dev house and you are willing to put out your app exclusively for one console, this fee can be negotiated down or even away in rare cases. The little guys, well, they get shafted. In any case, for the sake of argument, I will assume the console makers get $10 per game sold, and zero for big name exclusive games.
One more tidbit to toss at you, I have been told by a bunch of people that dev costs are painful on the new consoles, the 360 and PS3 specifically. If a game for the older XBox1 or PS2 cost $5 million to make, the 360 is about double that or theoretically $10 million. The killer here is that the PS3 dev costs are between 2-3 times that of the 360 and about 5x that of the Xbox1 or PS2. Ouch.
Now, getting back to the feedback part of the circle, if you are a dev, you want to write your game for a large potential audience of paying customers. Assuming you get $20 per game sold, and a game costs $10 million to develop, you need to sell half a million copies to break even. If you don't, well, you won't be in this business for long.
If your new game, Killer Death Robots 999 appeals enough to 10% of the people out there who eventually buy it, you can work out the numbers pretty quickly. If the console has a million units in circulation, you will sell about 100K copies and lose your shirt. If it has 10 million units out there, you stand to make a lot of cash, and at 100 million units, well, call me, I am more than willing to be adopted at this stage in my life.
Basically what it comes down to is the more units a console maker has out on the market, the more willing game companies are going to be to write for it. Even if you make a stinker, if there are 100 million consoles out there, you will probably make a profit, there are a percentage of people who will buy anything. Conversely, if you make the best game in the world that everyone buys, if there are 100K consoles out there, you will still not make any net profit.
There is a big mushy middle ground here, and that has to do with how much effort you expend on each version of a game written for multiple platforms. If the 360 has 10 million units and the PS3 1 million, you can do the math. Write it for the 360 and spend $10 million, but only port it to the PS3 if you can do the port for under $1 million.
This is where a lot of the death spiral side of things comes in. If you don't have enough consoles out there, people will not write games for your super 31337 system, or at best do a crappy port to it. This means the console with the most units will get the better games. It will sell more units allowing them to lower costs, make up the money they initially ate faster, and in general be happy camper.
The company with the lower number of units gets the shaft. They become less and less desirable to write for, and less and less desirable to buy, and less able to lower costs. Higher costs means fewer sales means worse games. Negative feedback, and it hurts.