Havells to pay 1600 cr for Lloyd electrical consumer business which is 58% revenue and 44% of total ebit. currently the market cap of lloyd is 1300 cr so at 58% revenue contribution it will be 750 cr and at 44% ebit it will be 570 cr. in both scenario valuation seems a very high premium. at 1600 cr
8.45 PM Feb 19th
Buy, accumulate Lloyd Electric for target of Rs 750 by May 2016. Lloyd is a debt free and cash rich company now:) Several sequential Upper Circuits in coming weeks. Upmoves will surprise the market as share price of Lloyd will easily double up from here in few weeks. As I said, it will start moving
1.34 PM Feb 19th
Lloyd sold its consumer durable business to Havells. Deal formally approved by Boards of both companies yesterday. Lloyd will see several sequential Upper Circuits now. Lloyd Electric is all set for huge up moves backed by volumes. It will keep moving up till at least May 2017 and reach 750 . Great
1.28 PM Feb 19th
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