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NSE Announcements on UTV Software
Posted by :
MMB MessengerUtv Software Communications Limited has informed the Exchange that "This has reference to the allotment of 4,532,000 warrants made by the Company on May 6, 2008 on a preferential basis to Unilazer Exports and Management Consultants Limited ("Unilazer") pursuant to the approval accorded by the members of the Company at the extra ordinary general meeting held on March 17, 2008 and in respect of which in-principle approval was granted by stock exchanges. Unilazer was entitled to apply for and obtain allotment of one equity share against each warrant of nominal value of Rs. 10/- each at a price of Rs 860.79 (including premium of Rs. 850.79 per share) The Company has received 10% of the total amount of the warrants on allotment. Unilazer was entitled to convert of the warrants into equity shares within 18 months from the date of allotment. Please note that Unilazer has not exercised its right for conversion of the warrants into equity shares. Accordingly, the aforesaid warrants have lapsed and 10% of the total amount paid by Unilazer on allotment of warrant is forfeited."...
buy TGT 1000
Posted by : samiraroraThanks for your good wishes!...
buy TGT 1000
Posted by :
caution4500 by 2015,Dream on dear boarders, Dream on, it is indeed good for your long term health....
BSE Announcements on UTV Software
Posted by : MMB Messenger
UTV Software Communications Ltd has informed BSE that :
"This has reference to the allotment of 4,532,000 warrants made by the Company on May 06, 2008 on a preferential basis to Unilazer Exports and Management Consultants Ltd ("Unilazer") pursuant to the approval accorded by the members of the Company at the extra ordinary general meeting held on March 17, 2008 and in respect of which in-principle approval was granted by stock exchanges.
Unilazer was entitled to apply for and obtain allotment of one equity share against each warrant of nominal value of Rs 10/- each at a price of Rs. 860.79 (including a premium of Rs 850.79 per share). The Company has received 10% of the total amount of the warrants on allotment. Unilazer was entitled to convert of the warrants into equity shares within 18 months from the date of allotment.
Please note that Unilazer has not exercised its right for conversion of the warrants into equity shares. Accordingly, the aforesaid warrants have lapsed and 10 % of the total amount paid by Unilazer on allotment of warrants is forfeited."....
buy TGT 1000
Posted by : samiraroraYes, will be 10X bagger by 2015 (or more)....
gonna re rate
Posted by : Guestafter rerating all its business the PE will come below 10.book value around 500,thus giving a price tgt of 1500 in 3or 4 quarters....
buy TGT 1000
Posted by : nikki marinenext 1 year u will get 1000rs for sure...
CRISIL SEES GOOD UPSIDE IN UTV
Posted by :
esnmrtyCrisil sees good upside in utv soft-bloomberg utv...
3/5 fundamentally, 5/5 growth potential as per CRISIL
Posted by : ultimatenvestorExpecting downside to be capped at around 330, will be a good buy at that price for the long term....
3/5 fundamentally, 5/5 growth potential as per CRISIL
Posted by : samirarora
CRISIL Equities assigns Fundamental grade `3/5` to UTV Software Communications Ltd.
This grade indicates that the fundamentals of the company are ‘Good’ relative to other listed equity securities in India.
Mumbai, Maharasthra, November 3, 2009 /India PRwire/ -- CRISIL Equities has assigned a CRISIL IER Fundamental Grade "3/5" (pronounced “three on five") to UTV Software Communications Ltd. (UTV). This grade indicates that the fundamentals of the company are ‘Good’ relative to other listed equity securities in India. With respect to valuations, CRISIL Equities has assigned a valuation grade of “5/5” indicating that the stock has ‘Strong Potential Upside’ (Fundamental value of Rs 548, from the current market price of Rs 420. The grades are not a recommendation to buy/sell or hold the graded instrument, or a comment on the graded instrument’s future market price or its suitability for a particular investor.
The assigned fundamental grading reflects UTV’s position as the market leader in the Hindi films business, its diversified revenue mix, strong management capability and expected improvement in profitability as its investments in the gaming and television broadcasting businesses begin to pay off. UTV’s comprehensive business model has enabled it to rope in Walt Disney as a strategic partner with a 60% stake (Walt Disney’s voting rights are capped at 32.1% for a period of 4 years ending November 2012). CRISIL Equities believes this association with Walt Disney is a positive factor from a strategic perspective and will also provide it access to overseas markets. The grading is, however, tempered by the inherent risks associated with the films business, such as project execution risk and susceptibility to changing audience tastes and preferences, and uncertainty of success in the games development business.
CRISIL Equities expects UTV to display robust revenue growth of 37% CAGR over the next 3 years to touch Rs 15.7 billion by FY12 on the back of strong growth in the films business, the broadcasting segment gaining traction, and the planned release of 3 large Intellectual Properties in the console games development business. With investments beginning to generate returns and content being effectively monetised across various media platforms, CRISIL Equities expect UTV’s profitability to improve. The EBIT margin of the company is expected to improve markedly from negative 15% in FY09 to around 17% in FY12. Driven by higher profitability, CRISIL Equities expects Earnings per share (EPS) to jump to Rs 53 in FY12 after a 47% slump to Rs 7.2 in FY10.
UTV’s return on capital has been adversely impacted by investments made in the television broadcasting and gaming businesses (Rs 7 billion as of March 2009). During FY09, its return on equity (RoE) was 6.8%. CRISIL Equities believe it will take another 12-18 months for investments made in these businesses to pay off. Consequently, UTV’s RoE is projected to improve significantly only after FY11 and touch 16% by FY12.
On the valuation grading, CRISIL Equities has used Sum of the Parts (SOTP) approach to arrive at the fundamental value for UTV. Based on the SOTP method, the fundamental value for UTV is estimated at Rs 548 which translates into a valuation grade of “5/5” indicating that the stock has ‘Strong Potential Upside’ from the market price of Rs 420 (as on October 30, 2009)
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UTV GOOD BUY ONLY AT 320
Posted by : cautionUTV becomes a very good buy in this correction, wait for the downside to take it to around 320 and only then take the plunge. ...
Better to average and hold
Posted by :
timnox01Samir Arora whereart thou in this fall ? Any comments ?...
Better to average and hold
Posted by : pkumar73I feel 340 levels will be better for averaging this stock...
SELL SELL SELL - RESULTS DISAPPOINT
Posted by : timnox01Expected numbers not delivered by utv ,markets going down, better to sell now and buy at 20% lower @320....
UTVSOF Q2 Numbers Out
Posted by : pms.swastika
UTVSOF Q2 Numbers Out:
Standalone Net Sales at Rs. 79.23 Cr Vs Rs. 33.62 Cr (+135.66%) (QoQ)
Standalone Net Profit at Rs. 2.75 Cr Vs Net Loss of Rs. 1.83 Cr (+150.27%) (QoQ)
Regards
Swastika PMS...
