Wockhardt

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Posted by : LEO THE LION
Price when posted : BSE: Rs 175.55 ( 0.20 % ), NSE: Rs. 175.45 ( 0.26 % )

no there will not be any more as the currencies are moving reverse......
see yaun , today shown strength..!

So it has to be P+FL from now onwards....!

otherwise CFO has to go home...:-)...

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Posted by : tara23
Price when posted : BSE: Rs 175.55 ( 0.20 % ), NSE: Rs. 175.45 ( 0.26 % )

all magics to route to one destiny that is profit.. - forex losses... P-FL...

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Posted by : rairajnish
Price when posted : BSE: Rs 173.70 ( -0.86 % ), NSE: Rs. 173.60 ( -0.80 % )

what wockhardt stated "Drug maker Wockhardt said on Wednesday it plans a preferential issue of up to 1.6 billion convertible or non-convertible redeemable preference shares at Rs 5 each"
this issue will carry an fixed amount of interest(Dividend) whether declared for ordinary share holder but will be payable to the Preferential share holder i.e. under CDR scheme banks/institution opted in terms of debt in the form of shares. these may be converted after a long period or may not as the wishes of share holder.
what you want to say Mr. Lion

Please remember this issue is to be delt with CDR not any adverse. its beginning of good news as Tara stated....

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Posted by : LEO THE LION
Price when posted : BSE: Rs 174.60 ( -0.34 % ), NSE: Rs. 175.00 ( 0.00 % )

these are not equity shares which will be issued on prefference but the above said are prefferential shares of 5 rs each. these will carry intrest (dividend).The debt will come down significantly at the same time the equity will not be diluted.
160 crs pref shares of rs 5 each ,that is
160 cr * 5 = 800 crs...

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Posted by : datars24
Price when posted : BSE: Rs 175.45 ( 0.14 % ), NSE: Rs. 175.40 ( 0.23 % )

For last couple of months it has not gone below 167-168. It seems to be near bottom and a right place to enter again....

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Posted by : NAUGHTY007
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

i sold off at 182 yesterday-when to enter- ithink 160-62-pl advise...

Wockhardt preferencial issue

Posted by : LEO THE LION
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

no.......just like...

Wockhardt preferencial issue

Posted by : LEO THE LION
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

sorry for the wrong gidance..!
For your kind information it is not the equity share which will issued on prefference basis.........

these are prefferential shares of rs 5 each. 150 crs * 5 = 800 crs

the debt /equity will be reduced as these are not considered as debt and at the same time there will not be any impact on EPS (like dilution) right now....

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Posted by : tara23
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

preferential issue at less than market price?...

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Posted by : NAUGHTY007
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

WILL WE C SUB 160 LEVELS IN A DAY OR SO BECOS OF MKT DOWN AND PREF ISSUE...

Wockhardt preferencial issue

Posted by : dk_bbs
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

That is the hard fact of life, may sound funny again! Thanks...

Wockhardt preferencial issue

Posted by : ar_akm
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

Thanks for reply. Actually previously It has seen QIP rate effects the market rate as seen many scripts....

Wockhardt preferencial issue

Posted by : LEO THE LION
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

this is a difficult question........!
has to offer at 250 atleast.......!
you know wock`s situation.

...

Wockhardt preferencial issue

Posted by : ar_akm
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

Hi LEO THE LION, You mean QIP allotment. If yes then at what price being offered?...

Wockhardt preferencial issue

Posted by : LEO THE LION
Price when posted : BSE: Rs 175.20 ( -2.86 % ), NSE: Rs. 175.00 ( -3.07 % )

if you are able to offer huge cash like in crores to them,then you can participate......
always it will be for institutions......