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Buy Put
Posted by :
Option AnalystBuy Put for ttml of 27.50 and 25 ...
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jalunmWatch and Join FREE blog for long term portfolios : jalunm.blogspot.c om...
Expectation from TTML
Posted by :
sree_237
To my mind, TTML is the only and only the one share which never rewarded its shareholder, inspite of being in a hot sector ie Telecom. But there are some discussions within the TATA Group for consolidation.
Fresh round of consolidation is in the offing at the Tata group. India’s largest private conglomerate is looking to integrate some of its smaller businesses with their respective flagship companies, with a view to leveraging the value of the entities and increase cost efficiency
The earliest of the consolidation could be the merger of Tata Coffee and Mount Everest Mineral Water with Tata Tea; Rallis with Tata Chemicals; Tata Teleservices (Maharashtra) with Tata Teleservices; and Tata Sponge Iron with Tata Steel, two executives familiar with the development said
The idea has been discussed in at least two recent board meetings of Tata Sons — the holding company of the group, and also at the individual company level, an executive with the group said
“The group is looking to appoint external agencies to study the possibilities of mergers or consolidation,” he added.
The merger of Tata Teleservices (Maharashtra) with Tata Teleservices is also being considered by the group, but it could take time as the Maharashtra operator is a listed entity. Earlier this year, Japanese telecom major NTT DoCoMo picked up 26 per cent stake in Tata Teleservices and later 12.12 per cent stake in Tata Teleservices (Maharashtra) also. The move indicates a possible merger, said sources...
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Expectation from TTML
Posted by : Option AnalystI m only tell the conditions to go up this shares. Now this changes r apllied or not its not my view. TTSL has 37% stake with ttml, so now its an imporatant condition for ttml to merge with ttsl for rising profit. If this merger is not done then another condition is to take the license for all over india. Currently ttml has only license for mahrashtra...
Expectation from TTML
Posted by : gordan gecko
i disagree first of all ttsl will never want pan india lisence they dont have the money or the people.
ttml and ttsl merged will not happen coz ttsl is not a public company. ...
Expectation from TTML
Posted by : Option Analyst
In only two conditions TTML can go Up: -
1. TTML and TTSL are merged
2. TTML get the license for all over india...
Sell TTML
Posted by : Option Analyst
Expected book profits in upper level. Currently far away from telcom sectors. because of competition and rate cuts. Profits in these companies have fell down they cant take profits in next quarter. Most tough competition
Rcom
TTML
IDea
Spice
Mts
Airtel
Aircel
Vodafone...
Expect short Covering here !
Posted by : PureAdviceDear Gordan, Ur analysis is alright mathematically but it is based on past data. The Game changer here is Docomo. And the Ace is Value added services. The Margin picture will be based hereon on VAS`s. Docomo has already gone through such phases of competion & emerged winner worldwide. From now onwards it will be more of quality subscribers that matter not just the no.`s....
Expect short Covering here !
Posted by :
KKRRwill this news push the share price up?i am waiting to get my cost 35...any hope or should i exit now?...
Expect short Covering here !
Posted by : KKRR
Hello SM_1
Thanks for your efforts in getting the news to this borad. i think you also traped in TTML and Satyam like me...all this news bring back the TTML to 35/share?...
Expect short Covering here !
Posted by : SM_1
Tata Tele to raise $ 250-mn to fund expansion plans
5 Nov 2009, 1954 hrs IST, PTI
MUMBAI: Tata Teleservices (Maharashtra) Ltd, plans to raise $ 250-mn to fund its expansion plans, a top company official said.
"We have received approvals to raise $250-mn at any time. The company`s Board will have to take a call," Tata Tele`s Managing Director, Mukund Rajan, told PTI here today.
The company has already obtained shareholders` permission for raising $250-mn through FCCBs, which has not been exercised.
The positive market response to the company`s offerings in an extremely competitive and volatile market could require advancement of planned capital expenditure.
"Our capital expenditure for this year was in excess of Rs 1,000-crore, which was already spent. Thanks to the response to our GSM plan, we have advanced Q4 capex to Q3. Towards the end of Q3, we should be in a position to take a decision on further capital expenditure plan," Rajan said.
The company has applied for additional spectrum of GSM of 4.4 MHz to 6.2 MHz in Mumbai and Maharashtra, he said.
The company which adopted Tata DoCoMo`s per second tariff plan for its GSM services in Mumbai and Maharashtra believes the current pricing is profitable.
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Expect short Covering here !
Posted by : gordan gecko
tata tele is doing all the right things for getting more and more subscribers however all this requires a lot of money which they dont have, yes thay have the tata name and assets but no liquid cash. the moey they recieved from the stake sale has been spen on the gsm launch. But still there is tower infra they subsidery 21st century infra is a loss making firm and lets face it their network suks.
tata tele is goin in for another wild move and rasing more capital already with such a heavy equity base + pilling on of debt in this poor company by the management it will take another 10 years to show net profits.
This q results the net loss was more than a 100 cr on turnover of 500.
even if you take the best case senireo for this company with all the compitation and per second billing it will not do more than 700 - 800 cr sale per quarter, & asume a margin of 23% that 184 cr in gross profit - the intrest and depp.
they already have 189 cr equity shares + they want to raise another 1000 cr assume at rs 26 a share that 38 cr shares additional taking the equity base to 2000 cr thats 200 cr shares more or less.
with 100 odd cr depp and 95 odd cr intrest which will only rise ( per quarter ).
This company will never be profitable.
the telcom sector trades at a pe of 12.
To be valued at rs 24 tata tele should show atlease 400 cr net profit each year. if one back calculates
TTML works on 20 - 22 % gp margins. it shows 600 - 800 cr in intrest cost and depp each year.
to make a np/ before tax of 400 cr their gp should be atlease 1000 cr. with 20% margins their turnover should atleast be 5000 cr. that double from today.
I doubt it will happen before 10 years. ...
Expect short Covering here !
Posted by : KKRRagree.only the sacry part is the PE ration and EPS in -ve....
Expect short Covering here !
Posted by : PureAdviceThe stk. can move up sharply from here on short covering. It also offers medium & long term investors to entre at these levels. The beating of the stock is more based on market meltdown & surface reading of results. The value & power of Docomo brand is nowhere been realised/recognised. The game in wireless from now onwards is based on value added services, & Docomo is world leader. ...
NSE Announcements on TataTeleservice
Posted by : MMB MessengerTata Teleservices (Maharashtra) Limited has informed the Exchange regarding a press release dated November 3, 2009 issued by the Company, announcing results of the Postal Ballot conducted by the Company, for issue of securities. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
