hi smartakka, Nayyar did mention that these new liabilities are from electricity bills and some travel bills and nothing beyond that Upaid was also discussed where he mentioned 95% in this type of claims, the cases are settled out of court. Regards Naidu...

I did sold saeyam @115 I will be buying satyam back only below 75 now. Friends dont be over optimist....

Why should sell such a good stock,which is 2.5, smart profit making company, consistency in profit ,good cash reserves, producing innovative products range....

(1) This type of News are bound to come now - as the investigations are concluding.Is it not known from the beginning of these investigations? (2) CBI / SFIO are bound to file charge sheets - having concluded their investigations.This should not be a SURPRISE at all! (3) The AUDITORS are also bound to re-state the accounts of last 6 - 7 years by early next year.This also will show up some surprises. (4)Because of this, the CURRENT Management is ALSO not releasing current Quarterly financial results - though I personally feel and advocate that they must release at least provisional financial results. (5)Even here, we need to understand that Satyam`s real Potential can really be seen only from Q/E 03/10. Earlier Qs will only indicate progress -not real potential. (6) These are known factors.ALL these were fully discounted in the earlier market price of 120 itself.If these were not there, MP should be 300-400 easily! (7) The main fear of investors like us NOW is - what this 7500 Cr (admitted by Raju) or the 14000( stated by CBI) is all about. Will it be the Liability of Satyam? (8) As per Raju`s voluntary confession, these are amounts SIPHONED OFF FROM SATYAM - not siphoned into Satyam.If it had come into Satyam, Satyam would have been FLUSH WITH FUNDS and faced no problem at all in its LIQUIDITY and Raju need not have confessed any thing!Let us also understand that there are no claimants at all on Satyam for such 14,000 Cr. So, the claimant for this must be - Satyam itself. (9)So, my own strong inference is - all these revelations from CBI /SFIO will ultimately have to bring back money into Satyam - from the Fraudsters` personal wealth or by selling their Shares.Satyam will, most likely, be a net beneficiary - not a net loser. (10)It is RAJU`S SCAM - not Satyam Scam. Rajus have to pay for their self confessed fraud.Moneys of Satyam have to come back to Satyam.That, I think is the position under company Law and criminal law. (11)Mahindras will not be the ones to be JUST WATCHING - if this be not so.They got Satyam very cheap in the first bidding. If Investors don`t assess the FACTS correctly -and beat down the MP of M`Satyam based on such news - MAHINDRAS will have another big bonanza at the merger of the 2 companies - a world class company at a small fraction of its value. (12) Should Mahindras tell their views - on all these? They will need to study the charge sheets before that. They may probably study and file some claim papers on behalf of the company.Or, they may wait for accounts re-statement, which will be the basis for claim papers.It will do the company and the investors a lot of good, if they study the charge sheets and tell us what they feel will be the outcome - I fully agree with you on it.Their views will most probably be similar to the above....

E.T.has mentioned that fudging was of 14000 crs not loss.That means 14000 crs has to b recovered from siphoned money.It is good 4 satyam stock once it is clarifird properly....

We know that merger ratio is going to be 1:10 . That is not that important. We want to know by when the merger process would be over so that we can unlock the value....

Hope that you have not studied the details of portfolio of Nahar Capital as revealed in their recent balance sheet received by me very recently. Its capital is very small to the extent of about 8 crs and they have earned quarterly profit of 8.2crs giving an eps of 10+ and have a book value of 242 with cheap price of 57 giving a very low pe. of less than 5 and having a portfolio consisting of all blue chip cos. like sbi; pnb; pnbguilts; reliance group shares; l&T which have appreciated very much after march i.e. post UPA Manmohn Singh thumpting victory in elections. Ofcourse they have not yet rewarded sharesholders i.e. in a way of conservative approach which helped us in accumulating reserves upto 242 crs BOOK VALUE which is always available for distribution by way of bonus or handsome interim dividend etc. Enjoy grabbing this share...

I have also heard the interr view of Vineet Nayyar. He did not give any asurance. He was asked specially about liabilities whether they are 10 % , 200% or ten times to which he replied that he does not want to say anything. He admitted that there were some unexpected liabilities which any busines man should expect. He was also asked whether he can give any idea about sales, etc in the current year which would be easily put up to any board.Even that he did not disclose. Only about positve side of employment he spoke. I heard it with a view to cover my shares sold as I was having good profit but there was no ray of hope. He was also asked why not a proforma balance sheet with a rider subject to change for which also he did not agree. Basically, as CLSA says we have to wait for June 2010...

ET has quoted , Shri V V lakshminarayana, cbi,DIG that Satyam loss may amount to around Rs 14000 cr double that estimated earlier. When such uncertainity is there regarding its financial position, atleast ET should have simultaneously obtained views of Mahindra group to assure its share holders. As of now it is fit to sell...

Pl do not forget Tata Investment Corp which has rewarded its share holdes more liberally...

Even if the project is genuine, there is risk. When finally it is completed(after years), we do not know what will be fate of refineries. Much expected is more disappointing. Remeber in case of RPL, only RIL benefitted maximum by selling at more than Rs 270...

I think the processs involves both the managements declaring a ratio of merger and other formalities like share holders meeting, etc. will follow later. We are interested in knowing the ratio of merger and that should not be difficult for PNB to decide as it can dominate both the boards. Some other boarder has quoted Nahar capital holding a big chunk. I am sure they must be having some inkling about merger ratio to hold such good quantity...

I was holding a Nahar group share(textiles) which was later on split and was not satisfied by their rewards to share holders ...

At this stage, it has fallen by paise 2 and there are only sellers with lakhs of shares...

When Reliance Power issue bombed, Anil declared a bonus and share holders still suffered. Now when the profits fall and all experts say it will not move up RIL declares a bonus. Are these brothers doling out bonus to control price fall and will the hostory of reliance Power will repeat?...

Please do not equate satyam with Maytas. Software company can be easily turned around. It does not require project completion which at times require coordination with other agencies. Further margins are higher in software business and Satyam had established itself as a leader. That is not the positon with Maytas. Rather it will help Satyam to get back its funds/investments directly or indirectly ...

Its balalnce sheet is stronger now as described by Rai.That has emboldened IFCI to go slow on strategic partner as it can ask for higher rate while calling bids for strategic partner. Its position is so strong that it can go for a reverse merger with smaller banks which will obviate need for baking license. In shoer it has better fundamentals to merit a higher rate...