Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Gillette India
| |||||
BSE Announcements on Gillette India
Posted by :
MMB MessengerTracked by: 0 Boarder
Gillette India Ltd has informed BSE regarding a Press Release dated August 29, 2008 titled "Gillette India declares strong top and bottom-line growth"....
NSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Limited has informed the Exchange regarding the standalone Results for the year ended on 30-JUN-2008 as follows: Net Sales of Rs. 58884 lacs for year ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 11737 lacs for the year ending on 30-JUN-2008....
NSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Limited has informed the Exchange regarding a press release dated August 29, 2008, titled "Gillette India declares strong top and bottom-line growth - Sales up by 16.6%, PBT before exceptional item up 20%; Adjusted PAT up by 16%". 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). ...
NSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 16610 lacs for quarter ending on 30-JUN-2008 against Rs. 14026 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 2994 lacs for the quarter ending on 30-JUN-2008 against Rs. 2841 lacs for the quarter ending on 31-MAR-2008....
NSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Limited has informed the Exchange that the Board of Directors, at their meeting held on August 29, 2008 recommended a final dividend of Rs.12.50 (Rupees Twelve and paise fifty only) per equity share for the year ended June 30, 2008. The dividend would be paid, subject to the approval of the shareholders at the Annual General Meeting which would be announced later. Further, Mr. Jyoti Sagar, was appointed by the Board, as an Additional Director in terms of Section 260 of the Companies Act, 1956. Mr. Sagar is an Independent Director in terms of Clause 49 of the listing agreement....
BSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 29, 2008, inter alia, has recommended a final dividend of Rs 12.50 (Rupees Twelve and paise fifty only) per equity share for the year ended June 30, 2008. The dividend would be paid, subject to the approval of the shareholders at the Annual General Meeting which would be announced later.
Further the Company has informed that, Mr. Jyoti Sagar, was appointed by the Board as an Additional Director in terms of Section 260 of the Companies Act, 1956. Mr. Sagar is an "Independent Director"....
BSE Announcements on Gillette India
Posted by : MMB MessengerTracked by: 0 Boarder
Gillette India Ltd has informed BSE about the audited financial result for the Quarter & Year ended June 30, 2008....
Gillette to annouce buyback on 29th Augus
Posted by : GuestTracked by: 0 Boarder
Nothing special in result nor any announcement. Don\\`t know where this stock going from here on. But surely something is there on their Balance Sheet which we all are not aware of after merging with P&G....
In reply to:
Gillette to annouce buyback on 29th Augus
Posted by : Guest
Hey Guys,
Good news for those who wants to invest or are invested in gillette, there are talks in market that something big is going to be announced from gillette on it\\`s results day on friday a possible buback or something big is coming..... wait and watch
As this is a very less liquid stock it will jump to it\\`s prvious highs of 15000 very soon. 
Gillette India
Posted by : GuestTracked by: 0 Boarder
I hold 100 shares of Gillette @ 900, shall i hold or sell it , i am a short term investor will stay for 6 months....
Gillette to annouce buyback on 29th Augus
Posted by : GuestTracked by: 0 Boarder
Hey Guys,
Good news for those who wants to invest or are invested in gillette, there are talks in market that something big is going to be announced from gillette on it\\`s results day on friday a possible buback or something big is coming..... wait and watch
As this is a very less liquid stock it will jump to it\\`s prvious highs of 15000 very soon....
Tracked by: 0 Boarder
Thank you very much for your kind words of appreciation.
All I know is that the Indian promoters are the Poddars. I don't know which Poddar. They do not have a majority holding. The majority holder in could be Gillette Inc or P&G.
The messages by an esteemed member in this board seemed to suggest that the Indian promoters are spoilsports. He may be right and perhaps better informed than yours truly. I was only trying to present a deferring view based on my personal experience and independent views. Please do not assume that I know these Poddars or they could be our guardian angels in the event of a buy out. All I wish to convey is that getting a fair deal during a buyout is easier said than done, with or without an Indian promoter.
Thanks,
kima...
In reply to:
gillet
Posted by :
nirmalbarbil
dear kima
i like your indepth analysis on gillete.which poddars holds the majority shares of gillete.please write more informative articles like this. nirmal
gillet
Posted by : nirmalbarbilTracked by: 0 Boarder
dear kima
i like your indepth analysis on gillete.which poddars holds the majority shares of gillete.please write more informative articles like this. nirmal...
In reply to:
gillet
Posted by :
kima
I am not all that familiar with the Gillette management's attitude to retail investors. Still, I have a faint memory that in the early years of this decade, they took some initiatives that was not perceived by the investment community as a fair practice.Though later, they won back their hearts by infusing a great deal of money into the company. This was a very generous gesture. I no longer remember the exact details. If anyone is aware of what transpired, I suggest you to come forward and share those for the benefit of all our boarders.
There have been many buyouts in the past, especially from MNCs. I have participated in a few of them, including Astra IDL, Cabot and Infar. The retail investors were not fairly rewarded in all of them. The Indian buyouts are also not often very fair, Recently there was a buyout to delist Parry Agro, a holding company of the Murugappas. They got away with paying just half its intrinsic value. Not to mention about how the Ruias recently tried to pickpocket their fellow shareholders. I am afraid that in most cases the small investors are taken for a ride. Therefore it is not easy for me to accept that we might get a fair deal from Gillette buyout, if there ever is going to be one.
In the event of a buy out, the Indian promoter may be our one last hope to get a fair deal. This happened recently in Wyeth though it was not during a buyout. A few years back, Wyeth tried to launch a block buster through their unlisted 100% subsidiary. The Atul group, with representation in the board, rallied the retail investors around them and spearheaded the fightback and thwarted the parents attempt to bypass the listed entity. If Wyeth has a worthwhile PE multiple today, it is due to that assertion. Obviously the Atul group may have been guided by pure self-interest rather than any real concern for the small investor. But it did save the day for the hapless retail investor.
I don't know the Poddars. However, I see them (and their spanner in the works, if there is one, as assumed) as our margin of safety if the parent tries to ruthlessly cannibalize the retail investor. With these observations I am not questioning your assessment of the situation, only sharing a few of my thoughts, inspired from experiences as a small fish among corporate sharks.
gillet
Posted by : nirmalbarbilTracked by: 0 Boarder
dear kima
i like your indepth analysis on gillete.which poddars holds the majority shares of gillete.please write more informative articles like this. nirmal...
In reply to:
gillet
Posted by : kima
I am not all that familiar with the Gillette management's attitude to retail investors. Still, I have a faint memory that in the early years of this decade, they took some initiatives that was not perceived by the investment community as a fair practice.Though later, they won back their hearts by infusing a great deal of money into the company. This was a very generous gesture. I no longer remember the exact details. If anyone is aware of what transpired, I suggest you to come forward and share those for the benefit of all our boarders.
There have been many buyouts in the past, especially from MNCs. I have participated in a few of them, including Astra IDL, Cabot and Infar. The retail investors were not fairly rewarded in all of them. The Indian buyouts are also not often very fair, Recently there was a buyout to delist Parry Agro, a holding company of the Murugappas. They got away with paying just half its intrinsic value. Not to mention about how the Ruias recently tried to pickpocket their fellow shareholders. I am afraid that in most cases the small investors are taken for a ride. Therefore it is not easy for me to accept that we might get a fair deal from Gillette buyout, if there ever is going to be one.
In the event of a buy out, the Indian promoter may be our one last hope to get a fair deal. This happened recently in Wyeth though it was not during a buyout. A few years back, Wyeth tried to launch a block buster through their unlisted 100% subsidiary. The Atul group, with representation in the board, rallied the retail investors around them and spearheaded the fightback and thwarted the parents attempt to bypass the listed entity. If Wyeth has a worthwhile PE multiple today, it is due to that assertion. Obviously the Atul group may have been guided by pure self-interest rather than any real concern for the small investor. But it did save the day for the hapless retail investor.
I don't know the Poddars. However, I see them (and their spanner in the works, if there is one, as assumed) as our margin of safety if the parent tries to ruthlessly cannibalize the retail investor. With these observations I am not questioning your assessment of the situation, only sharing a few of my thoughts, inspired from experiences as a small fish among corporate sharks.
Tracked by: 0 Boarder
I am not all that familiar with the Gillette management's attitude to retail investors. Still, I have a faint memory that in the early years of this decade, they took some initiatives that was not perceived by the investment community as a fair practice.Though later, they won back their hearts by infusing a great deal of money into the company. This was a very generous gesture. I no longer remember the exact details. If anyone is aware of what transpired, I suggest you to come forward and share those for the benefit of all our boarders.
There have been many buyouts in the past, especially from MNCs. I have participated in a few of them, including Astra IDL, Cabot and Infar. The retail investors were not fairly rewarded in all of them. The Indian buyouts are also not often very fair, Recently there was a buyout to delist Parry Agro, a holding company of the Murugappas. They got away with paying just half its intrinsic value. Not to mention about how the Ruias recently tried to pickpocket their fellow shareholders. I am afraid that in most cases the small investors are taken for a ride. Therefore it is not easy for me to accept that we might get a fair deal from Gillette buyout, if there ever is going to be one.
In the event of a buy out, the Indian promoter may be our one last hope to get a fair deal. This happened recently in Wyeth though it was not during a buyout. A few years back, Wyeth tried to launch a block buster through their unlisted 100% subsidiary. The Atul group, with representation in the board, rallied the retail investors around them and spearheaded the fightback and thwarted the parents attempt to bypass the listed entity. If Wyeth has a worthwhile PE multiple today, it is due to that assertion. Obviously the Atul group may have been guided by pure self-interest rather than any real concern for the small investor. But it did save the day for the hapless retail investor.
I don't know the Poddars. However, I see them (and their spanner in the works, if there is one, as assumed) as our margin of safety if the parent tries to ruthlessly cannibalize the retail investor. With these observations I am not questioning your assessment of the situation, only sharing a few of my thoughts, inspired from experiences as a small fish among corporate sharks....
In reply to:
gillet
Posted by : chief_kamani
psgs= indian promoter is indeed greedy!!He is holding all share holders to ransom!!
gillet
Posted by : chief_kamaniTracked by: 0 Boarder
jarin=I agree with you!!...
In reply to:
gillet
Posted by :
jarin
with oil dropping 5 dollars its better to switch to sonething like punjlloyd, maruti, axis bank for short term gain. one can always renter gillette later even if it is at a higher rate as it will not jump as high as the others in banking, auto or capital.
2 queries on Gillette India
More from the Personal Care Sector
Boarders tracking Gillette India
News Updates on Gillette India
Explore Moneycontrol
