Stocks

Q:Why Satyam is going down ? A:Law of gravity

Posted by : ramu.gurazala

My dear bathulavb,
U mentioned that mahindra satyam`s estimated profit is around 624 crores and it means EPS is nearly 5.50 now the industry peers like wipro, tcs and infosys are trading around 22 to 27 time if we calculate in that ratio this scipt must be above 110 rupees. See what compny vice chairman said the liabilities are not more than they expect and almost many liabilities were discharged and they are maintaining the runrate of revenues as expected. so be patient and wait upto the results come out if the results the share will trade above 30 time pe

GLODYNE-BROADLLYNE BENEFITS TO EDUCATION SECTOR

Posted by : sameernics

People must recollect the fact that

Status of Case?

Posted by : vuppala1948

I agree. But - for every investor, there are 3 gamblers in stock market.Else, who can buy MULTI BAGGERS?

The multi baggers must be very cheap to day - and they must have the POTENTIAL to climb up 10 times in 2-3 years.
There must be reasons for present LOW PRICE and there must be reasons why it can go up 10 times in 2-3 years.Some uncertainty is inherent in the forecast.

Well. Anil Ambani is the major attraction - in RNRL. The KG Basin gas price will be a non-issue soon. This case at least will see a quick decision. Everybody wants it. Thankfully, the case is in the HIGHEST COURT and hopefully, there can be no further APPEALS.

Long term investors can probably leave aside all other uncertainties.

Anil Ambani will find a way to make RNRL succeed.On that basis, one can take a call on this share.

Stoploss of 160 & Short term Target of 193

Posted by : pss5588

pqji and kushgji,

The low for yesterday was i repeat again 150.80 and not 155 and ofcourse it was only for a moment. I had told my brother yesterday to get ready to buy it today at 150 and I did buy 1000 today at 151/152. Lets hope i did well. I also bought 500 satyam at 90 believing that this was pure and unwarranted panic selling. Lets hope I did well . The only worry is will market go down drastically in a couple of months?

cheers and all the best.

Stock to rerate

Posted by : vyankatesh

Stock is a marketperformer. If market goes up then certainly it will also move up. Till that time it will languish on this level only. However, future of power and mining companies is quite bright in near future and onwards. The sector itself will have a bias of institutions and funds being infrastructure in nature.

Stoploss of 160 & Short term Target of 193

Posted by : pitquote

funny psychology

it was that time- i was swapping fron less performing stocks in to Maytas and satyam.

It is not a panic selling. well conceived plot. please refer my message yesterday.

the numbers touched 155.00 and 174.00 with a flash which - i was thinking funny- but when i correlate to today- it is well planned.

YOU CAN EXPECT RECOVERY THIS WEEK ITSELF.
CHEERS AND HAVE A NICE DAY.

IN SATYAM ALSO: NOTHING TO PANIC

Heading

Posted by : nikhil_khetan

Puneetji ofcourse funds sold this stocks, thats why it is from 420 to 280... but who knows what is lowest price. It can revert back to 320 anytime i believe.

GLODYNE-BROADLLYNE BENEFITS TO EDUCATION SECTOR

Posted by : arshavin23

At the moment it is a small company. A fund with thousands of crores of assets under management cannot deploy a significant amount of its fund in such a small company since it would not make much meaningful difference to their overall returns.

Secondly, most brokerages and mutual funds tend to play the momentum game. Brokerages recommend stocks that have gone up 100 - 200%. Mututal funds invest in them only when there is adequate liquidity and the company has attained a large size.

Small investors are not faced with the above constraints hence they need not bother too much about what a fund or a brokerage is doing. All he has to be concerned is with the financial performance of the company. In a matter of time, the price will trade close to the true worth of the company.

Mr Anil Ambani appears in SC for hearing

Posted by : mylo

`Anil Ambani entitled to be RIL VC if de-merger fails,NEW DELHI: Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court on Wednesday. RNRL said these factors were pivotal for arriving at a suitable arrangement and even the two Benches of the Bombay High Court have held that the Mukesh Ambani group RIL`s Board and its Directors were aware of the binding nature of the MoU which provided the road map for the demerger scheme. "The MoU was binding on all. We have concurrent findings of two courts below," RNRL`s counsel Ram Jethmalani told the Bench headed by Chief Justice K G Balakrishnan. He was referring to the decision of the Single Judge and Division Bench of the High Court which had held that MoU was known to the RIL on which it was acting till the dispute was brought before the Court. The 2005 family MoU involving their mother Kokilaben led to the division of RIL between the Ambani brothers. The senior advocate said if RIL was not aware of the binding character of the MoU then how did they come to know about the arrangement for the supply of 28 mmBtu of gas to RNRL. "The MoU was in the knowledge of the RIL Board and its directors who were acting upon it. If RIL was not aware of the MoU how could they know about the supply of 28mmBtu of gas. All this show that RIL accepted that MoU was binding on them. Only when the dispute came to the court, they came out for the first time to say MoU was not binding," he said. The High Court had on July 15 asked RIL to supply gas at USD 2.34 per unit to the RNRL for 17 years from the KG Basin.
The Ambani brothers are engaged in a high-voltage legal battle over the supply and price of the gas from KG basin.
While RNRL is seeking gas at a committed price of USD 2.34 per unit, RIL says it cannot honour the commitment made in the family agreement due to government`s pricing and gas policy.
Countering the arguments of RIL that MoU was not binding, Jethmalani said the company and Mukesh Ambani cannot be treated as a separate identity.
He said the fact that Mukesh Ambani was acting for the RIL was clear from the July 27, 2004 Resolution by which all powers of RIL Board was delegated to him. "There was no difference between RIL and Mukesh Ambani," Jethmalani said. He was responding to RIL`s contention that only those actions were binding on the company which were authorised by the Board of Directors.
Jethmalani said that while the July resolution clipped Anil`s powers as RIL board`s Vice Chairman and Managing Director and caused humiliation to him, the same resolution gave full powers and controlling stake in RIL to Mukesh Ambani.

satyam is a sell at the moment

Posted by : vuppala1948

Many people have reacted so - to the news of CBI`s charge sheet citing a fraud of 14000 Cr etc.So, when so many people react in similar way - it is a sell.
But, for every seller, there is a BUYER.
If 14,000 Cr should go from Satyam - there should be claimants for that. There are no such claimants till today.
The only claimant may be M`Satyam itself - and the persons who have to pay it will have to be the RAJUS who have voluntarily confessed to defrauding to the tune of 7500 Cr.So, it is their liability - not of Satyam.
But, market does react to such news this way. we cannot help it.
This will be so, until - some one in authority says - no, this is due to Satyam and not due from Satyam.
Then, the PANIC SELL may get converted to PANIC BUY. It is all in the game!

multibaggerstockadvisor(dot)blogspot(dot)com

Posted by : bhattji

Considering fundamentals the worth of Astec is not more than 65.the floating stock is only 75 lacs the operators can move it above 120 by cornering floating stock.

Heading

Posted by : NAUGHTY007

the so called fraud is of earlier mngtt abt 6 yrs old-no liab on present mngt-enjoy the buy on dips ride to 400+