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Vishal retail may offer buyback of its share
Posted by :
chief_kamanifundoobull1-but you cannot say this for sure!!I presume it is just a presumption!!...
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanifundoobull1-So from 45-50 days you have now made it 180 days.That is the time for a normal CDR to be processed!!But here some abnormal charges of fudging accounts etc have been made!!So first they have to clear of all the charges/accusations,then the normal CDR 180 days time bound process can start!!So all will have to wait and watch!!...
Vishal retail may offer buyback of its share
Posted by :
fundoobull1Vishal retail may offer buyback of its share. ...
Vishal`s true picture puffed up: Auditors
Posted by : fundoobull1
Let me make things clear to everybody so there are no doubts and . CDR is a time bound process where the maximum time allowed is 180 days. So it cannot get delayed. There is no argument or doubt regarding that. So CDR cannot be delayed. The important things will be in the finer prints of CDR report. Let us see what will happen after CDR.
In my view Vishal is not for traders but for long term investors. Thank you.
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Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanifundoobull1-CDR may take time due to delays by suspecting lot of Creditors and could become a bit rough for "Cash Starved"Vishal.The stock is now v very close to your investing price and hence a change of investment strategy may be required!!In Satyam there was no CDR at all!!Vishal is loss making!!How all of a sudden it can become extremely profitable??They are not even selling Vishal Water World!!Beware the ides of march!!...
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanifundoobull1-CDR may take time due to delays by suspecting lot of Creditors and could become a bit rough for "Cash Starved"Vishal.The stock is now v very close to your investing price and hence a change of investment strategy may be required!!In Satyam there was no CDR at all!!Vishal is loss making!!How all of a sudden it can become extremely profitable??They are not even selling Vishal Water World!!Beware the ides of march!!...
Vishal`s true picture puffed up: Auditors
Posted by : fundoobull1In CDR it takes time. You always need patience. In fact if you wwnt to earn money in share market you need patience. I am invested in this stock at an average price of 58. When I invest, I give it time. CDR is going smooth for Vishal. I am pretty confident that CDR will be through. The key question is not CDR. The question is what will happen to the company post CDR. I invested in Satyam and maytas also. It needs patience, not for years but for few days. If you get companies like Maytas, Satyam and Vishal at a cheap price. There is no harm, no way. The maximum loss will be that you will sell the stock around this price 61-65. Even then there is no loss because I bought it cheaply. I bought Satyam and Maytas also cheaply pre CDR. I am long on Maytas. Its not that Vishal will give stupendous profit but in my view these shares can be potential multibaggers. The company wont go bust that I know from my research. The key thing is what they do post CDR. So the meeting post CDR is crucial. The contents of it are crucial. Every stock has potential risks so there is always an element of risk but if you buy it at a cheap price then you greatly reduce it. Rest is waiting till the CDR happens. On March 26 we will know the outcome. One week waiting is nothing. I can wait for another two weeks. It is not easy to earn money in stock market but in my view if you get a stock at a right value you cant lose and then there is a good chance that you will reap the benefits. Vishal is at low price due to vested interests that I know for sure and you will know it on March 26. Thank you....
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamani
aajkavyapar-Can under-reported losses by auditors be deemed as fair practice??Why are items being written off??Is all this fair??
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Vishal`s true picture puffed up: Auditors
Posted by : chief_kamani
sangram2008-The management of Vishal Retail should appoint an official spokesman who will promptly keep all the
Investors/Bankers/Creditors fully informed
on the turn of events and tell the facts promptly!!...also Vishal Retail which is right now battling for its survival is in poor financial health and would require regular health bulletins!!...
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanifundoobull1-Every time its not fair to ask for a week??In this way a year can easily pass by!!Mostly Indians are very slow and not time conscious!!...
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanisangram2008-Why depend on Indian Law Firms and Auditors,who are always slow and take their own time!!The delay will bleed Vishal Retail further,which is battling for its survival!!It is better not waste further time and cut losses by selling VISHAL Water World and infusing that money into the company!!I am quiet sure Bankers,Creditors and Shareholders will not object!!TPG ki offer ka to koi baat hi nahi karta hai!! ...
Vishal`s true picture puffed up: Auditors
Posted by :
sangram2008
@ chief_kamani-
Vishal Retail is not a basket of mangoes, tat it can be bought or sold in an hour of time,lot of legalities are involved so hav patience for atleast 45-50 days !!! As i said CDR is almost through.If Law Firms and Auditors are taking some extra time, tat does mean that they are doing atleast something good & dosent means tat they are killing mosquetoes. Every week they (Bankers, auditors, lawyers, etc)are meeting & working hard to bring the CDR as quick as possible. Vishal Retail is batteling for its survival & You want them to sell Vishal Waterworld immidiately and infuse that money into Vishal Retail !!!
Mujhee ek dialogue yaad aah raha yaar....Tumnee toe Vishal retail koe DEVDAS bana diyaa hai.....
"Babuji ne kaha gow chod do sub ne kaha paro ko chod do paro ne kaha sharab chod do...aaj tum keh rehe ho yeh haweli ko chod do...eik din ayega jab woh kaha ga duniya hi chod do... "
Let those wise men decide whatever is good for the company and bring CDR as quick as possible. And please dont insist VISHAL RETAIL....tat VISHAL waterworld Chord do..!!!!
sangram.
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Vishal`s true picture puffed up: Auditors
Posted by : fundoobull1Yes you are right Sangram. I concur with you....
Vishal`s true picture puffed up: Auditors
Posted by : chief_kamanifundoobull1-All the time small small things are taking weeks to get a true picture!!An official spokesman should be appointed who keeps reeling out facts promptly!!...
Good opportunity to buy Vishal
Posted by : chief_kamani
fundoobull1-As measure to instill Investors Confidence and to stem losses Vishal Retail should sell some of their valuable assets and infuse the much required capital!!If anyone is infusing capital,then no one will take any objection!!
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