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NSE Announcements on Oracle Financ
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MMB MessengerOracle Financial Services Software Limited has informed the Exchange regarding press releases dated September 29, 2009, titled "Leading Analyst Firm Positions Oracle Financial Services Software in Leaders Quadrant in 2009 Operational risk Management Software Report", "Oracle Reveleus Operational Risk Recognized Based on Completeness of Vision and Ability to Execute". A copy of the press releases shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Oracle Financ
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MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 29, 2009 titled "Leading Analyst Firm Positions Oracle Financial Services Software in Leaders Quadrant in 2009 Operational Risk Management Software Report"...
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Teekays
Hello C-rocket!!
Read with your message and found some substance in it!! As one of the long time holders of Citil (Citi Corp Information tehnologies limited) - I-Flex known then and now Oracle for more than 19 years. We bought 100 at 10 rs and then a rights came at 30 rs premium and afte paying daecent diwidends for several years they come up with 3 consective bonus payouts and stock split and thus 100+30= 400 became 6400 in geometric proprotation in about 10 years time. Again when the listing came about at 530 they offered it at at that rate for existing share holders to get out. Yours truly stuck to it and has since been holding them till date after seeing the highs and lows of 2600 and 400. You are right that the present management is outrageously "opaque" just coining a word for not being tranparent and kidding in the usage of the word. They are extremly silent about the affairs of the company in view of the brutal majority enjoyed by them. Had a good mind to fly down to Mumbai to attend the agm and create a ruckus on their attitude and also for non payment of diwidends for the past three years now(hukku and ravishanker et al team unsured that they paid diwidends reguarly with a selfish reasons to fill their pockets!!. Anyways we have been holding it for some 20 years almost and yuur views that it is worth 4500 is indeed very sweet to hear!! But in the absence of any justification it, we are sceptical. Pray can u tell the basis of this hefty valuation and if so when in 2015 when the sennsex is at 1 lakh!!.
Another thing I wuld the learned punters of this forum to scratch their head and let us know - in the event of deslisting which, in my opinion, is a foregone conclusion and is a matter of couple years max. What if we dont agree for it? Iknow they can pass it of with their brutal majority. But I remember reading about it in Companies Act during my stint as a student of aicwa long ago that we minority share holders can complain to the company law board shud we feel that the majority is opressing the minority for their vested interests!! In the event of delisting it is prudent to sell it off in the market for avoding the long term CGs. Finally we still can hold the shares after delistment and the obvious disadvantage is its lack of liquidity in the absence of being quoted in the bourses. Still in course of time when we continue to get the financials- if we find that the company valuations have gone steel and book value and EPS is high, we can create a nuisance in the meetings and can fleece our pound of flesh from the managment for a high price!!The mangement will be too happy to get rid of us since there may not be many such cases and th payout in inr divided by usd at 50 times is chiken feed for a company of such size!!
I shall be happy to have the views from the forum and also await the justification for 4.5k from crocket.
Meanwhile good nite and happy dreaming that it will touch 4.5k!!
cheerz and best wishes.
Teekays...
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Posted by :
Guest
and rocket !..
no one cares a crap for your nationalistinc indian feelings ! all are here for making money...the indians and the americans ! they will do the best they can to protect their interest..and we will do the best we can to protect our interest. what a joke your long sad comment looks like. 4500...dream on !
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NSE Announcements on Oracle Financ
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regpickerwith improved version of flexicube and alrady leading position ofss should be surging ahead beating compitition in surge of bankes going for packaged software.next result should show currently fairly priced....
NSE Announcements on Oracle Financ
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MMB MessengerOracle Financial Services Software Limited has informed the Exchange regarding press releases dated September 14, 2009, titled "Oracle Announces OracleŽ Financial Services Revenue Management and Billing for Banking", "Oracle Awarded SWIFTReady Labels" and "Oracle Financial Services Software Announces New Release of OracleŽ FLEXCUBE Universal Banking". A copy of the press releases shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Oracle Financ
Posted by :
MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 14, 2009 titled "Oracle Financial Services Software Announces New Release of Oracle FLEXCUBE Universal Banking" ...
BSE Announcements on Oracle Financ
Posted by :
MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 14, 2009 titled "Oracle Awarded SWIFTReady Labels"...
BSE Announcements on Oracle Financ
Posted by :
MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 14, 2009 titled "Oracle Announces Oracle Financial Services Revenue Management and Billing for Banking"...
NSE Announcements on Oracle Financ
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MMB MessengerOracle Financial Services Software Limited has informed the Exchange regarding a press release dated September 11, 2009, titled "Oracle Announces New Financial Services Analytical Applications for Enterprise Performance Management". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Oracle Financ
Posted by :
MMB MessengerOracle Financial Services Software Ltd has informed BSE regarding a Press Release dated September 11, 2009 titled "Oracle Announces New Financial Services Analytical Applications for Enterprise Performance Management"...



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