If 50% of bond holders follow this route then Subex will easily clear its FCCB issue in 2017 with its own reserve. This may increase its equity base from 16cr to around 25cr. But with 80cr present EBITA and with 20% CGPA, we can easily expect an EPS of Rs.4 in 2017. In bull phase, if it gets an PE
4.54 PM Jul 8th
Sakthi Sugars Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 15, 2014, inter alia, to consider and approve a Draft Scheme of Arrangement with the holders of FCCB (Series B).Pursuant to the Securities and Exchange Board of India (Prohibition
3.59 PM Jul 8th
I bought good chunk yesterday and today. Before this I bought some at 16-17 after FCCB conversion @55. The Promotors don`t have much say here, except lame duck folks. The FII`s who holds almost 60% of the shares along with others who controls 95% shares are in the drivers seat. The FII
12.32 PM Jul 8th
Definitely they are wrong doers. Is there a single word which is factual during the last couple of years. No software problem can wipe out 800 crores overnight.If FCCB money is still at large,why it is not redeemed/ invested the funds beyond the maturity of FCCB?
12.04 PM Jul 8th
reason why this company and its stock has languished for the last several years and there is work the company has done on the subject -- FCCB restructuring has been completed and is expected to get bondholder`s approval in July i.e. in the next 3 weeks or so. 2. Global wind energy market too has been
11.47 AM Jul 8th
positive in Q4FY14, reflecting early signs of a turnaround. Also, in May 2014, Suzlon announced it had reached an agreement with foreign currency convertible bonds (FCCB) holders on the bond restructuring. The restructuring is likely to conclude in the next two months, enabling the company
10.17 AM Jul 8th
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