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totalview  [ Belongs to: Platinum Circle ]

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about totalview  
Joined on: 6th Feb 2007
Posted 945 messages to date
Visitors: 229 Till date
Boarders tracking totalview: 21 see all
 
Profile Details :I am a seasoned investor and have been in the market for approximately 30 years. "Play in the market in such a way that we donot GET OUT of the marke...
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Volumes picking up

PNB Gilts

Posted by : totalview

Date :24th Nov, 2009 - 20:51

BSE: Rs 30.15 ( -0.33 % ), NSE: Rs. 30.20 ( -0.66 % )
Dear pune swengineer,
I am really surprised that how u have concluded that merger ratio is going to be 1 : 10 !!!!!!!In fact there is no substance as of now in the merger talks except some loose talks done by incoming Chairman like his predcessor !!!! In fact this proposal can be termed as the biggest fraud of the last three years on shareholders. If it would have been a developed market like US or UK, no of cases would have been filed against the Directors !!!! Because it is India, they can talk all loose and get away with it. Otherwise, such talks are price sensitive and without any basis these guys have been talking.
On a different note book value is above 40 and, therefore, a price of 30 is justified, if a dividend can be maintained @ 15%. But these idiots(management) have made a mockery of corporate governance !!!!! Even if the merger comes, I have my very serious doubts whether PNB Gilts shareholders will be really benefitted. Don`t have any hope by any stretch of imagination that, foreget, even a 1 : 15 ratio will materialise. Billion Dollar not Million Dollar question is whether merger will come at all and if yes when? ...

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Sell Nov nifty

Market Outlook - Short Term

Posted by : totalview

Date :24th Nov, 2009 - 17:10

I have sold to my heart and brain`s content. Advance thanks if Nifty goes to 4700 by Thursday....

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Has anybody received tender forms from both the offerers?

Great Offshore

Posted by : totalview

Date :24th Nov, 2009 - 16:59

BSE: Rs 539.00 ( 0.06 % ), NSE: Rs. 539.00 ( -0.03 % )
I understand that the offer is now open. Has anybody received the tender form from any of the offerers. Please guide and inform the status and what is the last date for tendering the shares. ...

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Dear snvaish,
Thanks for your detailed views but due respect May 2009 cannot be compared with this data as lot of trading took place but May 2009 didnot allow any trading !!!!!!!Now what do you think is the trade for today and tomorrow bullish or bearish and what is the expiry price for Nifty !!!...

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Volumes picking up

PNB Gilts

Posted by : totalview

Date :23rd Nov, 2009 - 10:19

BSE: Rs 30.35 ( 1.51 % ), NSE: Rs. 30.35 ( 1.51 % )
dear smartakka,

you r very sure of it`s merger by december 2009 !!! kudos !!!...

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Dear DM,
Do you mean to say that markets have unnecessarily scaled up on Friday !!! It was a fake signal !!! But I feel if markets return from this point, they may breach 4500 levels in December series !!!!...

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Even I could not comprehend the data for friday FIIs net sellers, Retail net sellers, DIIs marginally bought 18 crs. who has bought in the market?...

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Boarders Tracking totalview (21)
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Tracked Stocks/Topics
  BSE NSE
Price 30.15 30.20
Change -0.33% -0.66%
Vol. 83992 64203
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20: 52 Mar 08, 2007 by  karuna gupta

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