| vuppala1948 [ Belongs to: Gold Circle ] | |

| Mostly writes on: |
| Last Visited by: | Atri, Jayanta Roy, handsomekrish |
| Profile Details : | ||
|
vuppala1948's Message History
Replies
Messages Posted
My rated Messages
Tracked by: 0 Boarder HeadingPosted by : Date :24th Nov, 2009 - 13:06 BSE: Rs 390.25 ( -0.52 % ), NSE: Rs. 390.65 ( -0.42 % )Some Big accounts like Rajat Pharma estimated dues :290 Cr), as per news, has contributed to Q2 lower EPS.These dues are not yet LOST, but is under NPA provision.
I expect higher EPS and lower NPA in remaining Qs.The overall EPS may at least be equal to last year EPS of around 47. At a P/E multiple of at least 10, the fair price for BOI can be around 470.But then, we all want to see the next Q EPS.Till then , BOI is likely to be available at sub 400 levels.... Tracked by: 0 Boarder Great BankPosted by : Date :24th Nov, 2009 - 12:37 BSE: Rs 985.10 ( -1.37 % ), NSE: Rs. 986.50 ( -1.29 % )AXIS BANK earned very cheap equity funds through QIP etc at fag end of Sep`09, which appeared to slightly depress its results for q/e Sep`09.
But, if this addl equity got at Sep end is factored in, the results were definitely good. For Banks, these funds serve as IMMEDIATELY LOANABLE FUNDS on which revenue starts flowing very quickly. Investors will start calculating the progress made by AXIS BANK when the next earnings season starts - at Dec end.Till then, there will be a calculation Fatigue. Whoever accumulates now, will probably reap a rich bonanza in Axis Bank.I expect the Dec end result to show much higher EPS and March end EPS to be the HIGHEST in the history of Axis bank(till then). ... Tracked by: 3 Boarder Mahindra satyam will be merged into Tech mahindra in 2010....Posted by : Date :18th Nov, 2009 - 11:28 BSE: Rs 104.65 ( -0.19 % ), NSE: Rs. 104.55 ( -0.48 % )Some points, we must remember in all this.
1. Raju made a VOLUNTARY SELF CONFESSION about the 7000 Cr FRAUD, committed by HIM. So, any liability that comes up in SFIO and other investigations has to be paid from his personal property or by selling his shares. Satyam will not be required to pay.On the other hand, Satyam may be a net beneficiary. 2. New claims from MAYTAS etc are friviolous.They have given to unknown third parties.They have to claim from them only. These 3rd parties have not made any claims on M`Satyam . 3. Satyam management has declared a possible merger after JULY`10 - on the assumption that restatement of old accounts and fresh accounts would have been over.Satyam share by then would have found its true level. Mahindras were usually investor friendly. Hope they will remain so - in Satyam also and reward investors well. 4. Satyam Management can declare PROVISIONAL FINANCIAL RESULTS for each quarter. Of course, they are periodically indicating operational progress - but stakeholders do need financial progress at some point of time. But, the way, Satyam is progressing, it may come to its true operational level by March next year.So Q/E 03/10 result needs watch. 5.For the mean time Will Satyam price go down further? It depends on Satyam Management. If they are a little more emphatic on financial & operational performance - Market may catch their mood and BUY. Else, some vacillation and confusion may continue.It is not good for Satyam management also - to lose investor confidence.... Tracked by: 0 Boarder Satyam won`t appriciate , till it declares resultsPosted by : Date :18th Nov, 2009 - 10:47 BSE: Rs 104.05 ( -0.76 % ), NSE: Rs. 104.10 ( -0.90 % )NYSE is of course, asking for declaration of results.SEBI and NSE should also ask for it normally.They can at least demand PROVISIONAL Q`LY RESULTS from now on.
Satyam management has a justified ground as on date for non-declaration of audited results - as Government appointed auditors are now required to re-state the accounts for about 6 years. But, as you say, I also feel - Satyam can start declaring at least provisional quarterly results , say from Dec/09 Qtr - which can be re-stated later, when previous annual results are restated by auditors. Mostly, operational results will not change significantly by such re-statement - though some provisions may later reduce OPT. Satyam management is doing a good Job - it is clear. They are also sending out all POSITIVE SIGNS of progress in their operations. Yet, as you say, some indications of which way the finances are progressing is needed by all stake-holders. As for Merger, Satyam management has clarified that it will be only after July`10 by which time, accounts re-statement and further results declaration would have been over. This is fair enough. As for new claims by some people like Maytas - such claims are frivolous, at best. They have given to some body else - and they want it from Satyam. It is meaningless.That some body (third party) has not come up at all. Also, for what purpose they have given has to be proved. In any case, Raju has voluntarily confessed to have siphoned off 7000 crores and he has to pay the money. His shares can always be confiscated and sold - or his private property can be sold - to pay for his liabilities.It is a voluntary self confession, after all. That is the law. It is not going to affect Satyam as a company. At this stage - we,investors have 2 options - either go by Satyam`s long term prospects and invest - or - wait for declaration of results.It may be the best time to buy if we adopt the first mindset - and it is not the time to buy, if we adopt the 2nd mindset.... Tracked by: 0 Boarder HeadingPosted by : Date :17th Nov, 2009 - 22:47 BSE: Rs 104.85 ( -2.06 % ), NSE: Rs. 105.05 ( -1.87 % )(1) The creditors` Notices is the new thing. They have all given credit to third Parties and not to Satyam Company. So common sense is - they can`t claim anything direct from Satyam. It appears to be frivolous.
(2) Raju had confessed voluntarily to have siphoned off about 7500 Cr - which is not a NEW THING. This is as per his own confession - so,he only is responsible.The company does not appear to be responsible for paying a single rupee - in any way. (3)Until the SFIO and other agencies launch prosecution against Rajus, or come out with FACTS as to where the 7500 crores has come from and where it has gone - these uncertainties will keep cropping up. (4) The 7500 crores will have to come back from Rajus - and then go where ever it has come from.Mostly,M`Satyam will be a net beneficiary in the whole episode and not a loser. (5)More importantly - it is the current operating performance that matters in the long run - i.e., for medium / long term investors.That - appears to be ALMOST EXCELLENT - though the exact financials are not yet being made public.... Tracked by: 3 Boarder Mahindra satyam will be merged into Tech mahindra in 2010....Posted by : Date :17th Nov, 2009 - 12:29 BSE: Rs 105.70 ( -1.26 % ), NSE: Rs. 105.80 ( -1.17 % )Unfounded Rumours create more havoc than actuality. M`satyam had of course indicated of a possible merger AFTER July 2010. But, that was based on the assumption that all restatement of accounts etc will be over by then.If M`Satyam cannot declare a single qtrly account and if Satyam share does not find its natural level, there cannot and should not be a merger.Like NYSE, SEBI and NSE must also direct M`Satyam to start compiling at least provisional qtrly accounts from q/e Dec`09. Satyam is coming back to its original position surely but slowly. By q/e June 2010 result, M`Satyam would have gained a lot of progress. So, I hope, CEO of M`Satyam will be able to please all long term investors with a FAIR RATIO FOR MERGER. And, merger must be of Tech Mahindra with Satyam - based on sheer size and market acceptance.
Mahindras were generally investor friendly so far. They may or may not be L&T Friendly.... Tracked by: 0 Boarder There is no equitable and inclusive growth in india. Specially employment growth. we are watching US employment numbers every week. But, where are such numbers from India - at least for the educated, highly qualified technical professionals.Apart from NREGS, there is no other employment scheme - specially for the educated individuals....
|
|
|
vuppala1948's Network
Boarders Tracking vuppala1948 (0)
vuppala1948 Tracking Boarders (0)
|
|
vuppala1948's Interest
Tracked Stocks/Topics
Tracked Threads (2)
|
| ||||||||||||||||||||||||||||
| more tamil songs | ||||||||||||||||||||||||||||
India over 10 years
See whats improved/ worsended

FDI »
Exports »
Imports »
GNP »
See all »
Poll
Udayan's Market Outlook
![]() |
Tough for Nifty to breach 5000 in early trade | |
| ||
| Udayan Mukherjee, Stocks Editor, TV18 | ||
![]() |
Popular Boarders 7days| 262 | |
| 249 | |
| 249 | |
| 153 | |
| 131 | |
Top Tracked 7days| 1310 | |
| 1022 | |
| 985 | |
| 843 | |
| 820 | |




Online







