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Posted by :
NAUGHTY007u r right the trend is bullish...
buy sesa goa for target of 350
Posted by :
BullGenieBuy sesa goa for target of 350. The chart show bullish trend coming. Stop loss of 310. Investors may buy this on small dips in NSE on tuesday or wednesday....
bogus calls
Posted by : tara23well you are doing the same thing like the other one u r criticising :-)...
bogus calls
Posted by : tara23well you are doing the same thing like the other one u r criticising :-)...
bogus calls
Posted by : NAUGHTY007this guy does not tire abt posting his ad for bogus blog at almost all scrips... ...
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VOLTATILE STOCK, BUY in dips
Posted by : srisri223
SESAGOA is volatile stock , It is good for traders for trading in volatile market, It have resistance at 320/-
visit STOCKDREAMS dot BLOGSPOT dot COM...
basis
Posted by : NAUGHTY007the basis is global as mentioned not indian fundas-u hold with stop loss if st ...
buy 330
Posted by :
arif habibit is that guest who gave commets that hindalco and sesa goa has to move upwords. this is not ones sentiment. this is rechnical observation. so upmove for jp assoc. praj ind. satyam, sesa goa, hindalco for next 10 days ...
buy on dips
Posted by : JoosYou are really Naughty, y`day U said sell immediately, it will comedown to 255, then buy. Now with one day bounce back U r saying, upward rally has started, start buying. Any basis!!!!. My avrg is 307 should I hold or sell....
buy on dips
Posted by : NAUGHTY007as recommneded sell immediately to protect ur capital-dont buy at this time-buy when mkts stabilise and sanity returns- agood level is around 255...
sesa goa
Posted by : saraved
Corporate governance and accounting risks resurfaced last week in India giving investors a minor scare following investigations launched by regulators into two listed companies.
The Ministry of Corporate Affairs in India has ordered an investigation into the affairs of Sesa Goa, a unit of London-listed Vedanta Resources. The scope of the investigation includes reviewing the state of affairs of Sesa Goa and its subsidiary, Sesa Industries (SIL) in respect to mismanagement, malpractices, financial and other irregularities.
The investigation must be completed within six months of the date of the order, which was issued on October 23. Not surprisingly Sesa Goa’s shares fell 12% on October 27 on the news.
However, it seems to have been a case of the market overreacting to the situation as was borne out in the days after Sesa Goa clarified the situation.
Sesa Goa said it believed the investigation originated from the complaint filed by one of the SIL shareholders against SIL, the company and their directors in 2003 prior to Sesa Goa’s acquisition by Vedanta in April 2007.
Its share price rose 7% on October 28 and was up 1.5% the day after. By late afternoon on October 30, it had risen another 4.42%.
Sesa Goa’s US0m outstanding CBs, issued in late September, mirrored the share price movement, falling initially to 97–97.50 early in the week before coming back up to about 98–99.
“Initially there was a worry that this enquiry is something really serious but it seems like there is little substance to this investigation and it pertains to an old case,” said one analyst.
Indeed, CB investors were appraised of the case, which is very old, in the prospectus, said a banker close to the CB. The bonds settle on October 30 and although there were initial rumours that some investors were developing cold feet, they ultimately decided to stay in the deal.
The shareholder complaint is about the scheme of amalgamation of SIL with Sesa Goa. On December 18, 2008, the Bombay High Court approved the scheme effective from April 1, 2005.
However, following an appeal by a shareholder the approved scheme was set aside by the Bombay High Court through an order on February 21 2009. Sesa Goa has appealed against the order.
copied from google finance
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Whats up with Sesa Goa
Posted by : rajkishore420Yes I agree. You see the entire telecom space. Things have changed such a quick time that no one have even thought of. There is no other choice but to wait till a rebound in the sector even it takes a long time....
Whats up with Sesa Goa
Posted by : rajkishore420
Pratap,
You see the present slide is stupendous.The magnitude of the fall is more acute than the magnitude of the rise. I feel we are at the verge of ending the fall. If market does not support till the afternoon session of Tuesday then think of exiting the market. Regarding specific stocks, the result is good in banking space. So it will be better to wait till the slide of the market stops....
