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Satyam Computer Services
likely to witness good upside...
Posted by :
novice1000Tracked by: 0 Boarder
dear friends,
This counter is very likely to see good upside in the near future.
However this shouldnt mistaken for a long term call.
Traders with enough risk appetite and strict stop loss can try their in this counter.
regards ...
Satyam may plan for buyback....
Posted by : vkk43Tracked by: 1 Boarder
As I told you, market is not going anywhere in a hurry. So gradual buying is better. Happy investing....
In reply to:
Satyam may plan for buyback....
Posted by :
phk
i am going to buy timex, at different levels,as you said , rico auto is also in my latest tip//i have bought at 15/50,today//Will gain through NANO//to morrow if it comes down a little ,i will buy some more //thanks vkk43//PHK// 
Satyam could face resistance at 275....
Posted by : marketmanTracked by: 0 Boarder
The most active stock of the sector became hopwless in the recent days.... now it may face resistance at around 275 for the near term.... US slowdown impacted much on this counter.... both the investors and jobholders loosing a lot.......
Satyam may plan for buyback....
Posted by : phkTracked by: 1 Boarder
i am going to buy timex, at different levels,as you said , rico auto is also in my latest tip//i have bought at 15/50,today//Will gain through NANO//to morrow if it comes down a little ,i will buy some more //thanks vkk43//PHK//...
In reply to:
Satyam may plan for buyback....
Posted by : vkk43
Market is not going anywhere in a hurry. So we should buy at different levels.
Satyam may plan for buyback....
Posted by : vkk43Tracked by: 1 Boarder
Market is not going anywhere in a hurry. So we should buy at different levels....
In reply to:
Satyam may plan for buyback....
Posted by : phk
vkk43,sir i bought again timex at 13/10//,and i was told to buy Rico Auto to day, immideatly ,because tata moters has auto parts dealing with rico auto,and will gain in mid to long term//i bought at 15/50 //PHK//
Satyam may plan for buyback....
Posted by : phkTracked by: 1 Boarder
vkk43,sir i bought again timex at 13/10//,and i was told to buy Rico Auto to day, immideatly ,because tata moters has auto parts dealing with rico auto,and will gain in mid to long term//i bought at 15/50 //PHK//...
In reply to:
Satyam may plan for buyback....
Posted by : vkk43
Y can possibly get at around 13/- shortly. Pl. wait. My advice only. In this market we should buy on every fall and not in one instalment as we are not sure how long this bearishness will last and the price fall in shares. For IH, next support is at 60/- only.
buy back ?
Posted by : snackTracked by: 0 Boarder
Would Satyam really buy back it`s own shares ? or would they rather buy some other company...Here is an interesting news report:
4th Oct 2008 - NEW DELHI: Loaded with huge amount of cash, Satyam Computers said it has accelerated the hunt for prospective companies that it could acquire globally even if the cost runs into billions of dollars.
Sensing opportunities arising out of the financial crisis triggered by fall of major banks and mortgage giants in the US, Satyam`s founder and Chairman B Ramalinga Raju told PTI in an interview that it is possible to raise 4-5 billion dollars as war-chest for acquisitions that strategically fit India`s fourth largest IT entity.
Raju said the company had a billion-dollar cash surplus and funds were not any issue when any potential acquisition opportunities came around. "The acquisition could be even in billions of dollars".
Asked if its next bid could be a billion-dollar deal as it could easily muster around Rs 15,000-20,000 crore by leveraging its Rs 4,000-crore cash pile, Raju said, "That is a possibility".
On whether it has asked its advisors and bankers to hunt for potential targets given cheaper acquisition opportunities in the backdrop of falling market valuations across the world markets, he said, "We have accelerated the process... the valuations have become more attractive than what they used to be".
Loaded with reserves and surplus of over Rs 7,000 crore at the end of last fiscal, the company`s guidance (target) is to reach about Rs 11,000 crore (2.6-2.7 billion dollar) of revenue in the current fiscal. It had recently acquired an entity for 280 million dollars.
Satyam`s revenue grew to 2.14 billion dollars in the latest fiscal FY08, up from 1.46 billion dollars in FY07....
Slow accumulation point . . . . :-)
Posted by : snackTracked by: 0 Boarder
yes, it is amazingly low. In this panic times, no small investor will buy... and when it starts going up, it will be too late and people will only curse themselves for not latching on to lady luck when she smiles.... again only the big companies and large investors will start investing and become richer....
In reply to:
Slow accumulation point . . . . :-)
Posted by : hardybull
. . . cmp looks good for a buy up and sure fire profit in the bag . . . cud upmove sooner than . . . :-)
fun for the forearmed . . !!
Slow accumulation point . . . . :-)
Posted by : hardybullTracked by: 0 Boarder
. . . cmp looks good for a buy up and sure fire profit in the bag . . . cud upmove sooner than . . . :-)
fun for the forearmed . . !! ...
Satyam may plan for buyback....
Posted by :
LalitdeshpandeyTracked by: 1 Boarder
Sell-short STAYAM future!!!!!!!!!! 10 % profits expected....
In reply to:
Satyam may plan for buyback....
Posted by : marketman
As expected few days back,now satyam management considering buy back of its shares to protect the value of investors.... so,at around 300,the scrip may continue to get support for the near term....
Satyam may plan for buyback....
Posted by : shareviewsTracked by: 1 Boarder
Forget stocks like Timex for the time being. If anybody wants to bring in more funds, I strongly suggest to buy only NTPC at the moment. When market shows some strength for 2-3 days in any of the ensuing weeks, then can think of buying ONGC,BHEL, Larsen, Sesa Goa and Unitech. No need to be in a hurry, market will be always there at your finger tips, but money once lost in the market is not that easy to recover. Be extremely cautious. Keep in mind, NTPC is the only surviving stock at the moment. Hopefully it may not be falling like others even if the situation deteriorate further. ...
In reply to:
Satyam may plan for buyback....
Posted by : phk
vkk43,,Ok Sir, next week if timex,goes much below 15rs,i will again take a chance//,as it will be for a long term ,i will sell half, if i get reasonable gain ,thanks for your reply,always greatfull,PHK,
Satyam may plan for buyback....
Posted by : vkk43Tracked by: 1 Boarder
This is the main problem with many investors that they never book profits. Always we keep hope that market will continue going up. But it always does not happen. This time market will remain weak for quite sometime. US market DOW is down by 5%, new low since Oct. 2004....
In reply to:
Satyam may plan for buyback....
Posted by : phk
thanks,vkk43,my total 9 lakhs investment had gone up to 36 lakhs, at 21000 index, now it is 15 lakhs,godrej group ,reliance group,some tata groups,are my main investment,now again have to wait for some years,sir,PHK/
Satyam may plan for buyback....
Posted by : phkTracked by: 1 Boarder
thanks,vkk43,my total 9 lakhs investment had gone up to 36 lakhs, at 21000 index, now it is 15 lakhs,godrej group ,reliance group,some tata groups,are my main investment,now again have to wait for some years,sir,PHK/...
In reply to:
Satyam may plan for buyback....
Posted by : vkk43
At 60, u can buy some qty of IH.
Satyam may plan for buyback....
Posted by : vkk43Tracked by: 1 Boarder
At 60, u can buy some qty of IH. ...
In reply to:
Satyam may plan for buyback....
Posted by : phk
sir if i get 60 can i buy little or still wait (for tommrow)?
Satyam may plan for buyback....
Posted by : phkTracked by: 1 Boarder
sir if i get 60 can i buy little or still wait (for tommrow)?...
In reply to:
Satyam may plan for buyback....
Posted by : vkk43
Y can possibly get at around 13/- shortly. Pl. wait. My advice only. In this market we should buy on every fall and not in one instalment as we are not sure how long this bearishness will last and the price fall in shares. For IH, next support is at 60/- only.
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