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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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   Posted: 03/May/2011 at 12:40pm |
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Sorry Hitesh....Wow...This looks like a 2 PE stock then
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master
Senior Member
Joined: 06/May/2008
Online Status: Offline
Posts: 831
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Posted: 03/May/2011 at 8:26am |
Originally posted by hit2710
Originally posted by subu76
If a 480 mn revenue company takes up debt worth 625 cr doesn't it mean the company might go bankrupt? |
Repeating myself but need to point out again that here one needs to look at the consolidated financial statement.
Quarterly revenues are to the tune of around 170 crores. In fact 9M fy 11 revenues was at 543 crores and net profit was at 49 crores.
Plus they pay dividend of Rs 2 every quarter which amounts to around Rs 8 per share for full year. |
Above merger is not for the listed company, so can't directly correlate. Listed HOV's effective holding in new entity may be 50% or so. Figures i quoted are USD mn and debt raised in US will be low interest; not enough details.
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Someone’s sitting in shade today because someone planted a tree long time ago.
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shadows
Senior Member
Joined: 04/Feb/2009
Online Status: Offline
Posts: 221
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Posted: 11/May/2011 at 11:01am |
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hiteshjee can i enter at current levels, what the charts are saying for next six months for this. thanks
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Jaishrikrishna
Senior Member
Joined: 06/Sep/2008
Location: India
Online Status: Offline
Posts: 1132
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Posted: 11/May/2011 at 11:45am |
Originally posted by shadows
hiteshjee can i enter at current levels, what the charts are saying for next six months for this. thanks |
Why do u want to enter this one, when there are other good stories available?
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Don't Buy and Hold, Buy and Homework / Fish see the bait,but not the hook; Men see the profit, but not the peril.
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kushal.masand
Senior Member
Joined: 11/Feb/2010
Location: India
Online Status: Offline
Posts: 191
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Posted: 12/May/2011 at 12:11pm |
sirji kuch good stories batao na.... 
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hit2710
Senior Member
Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
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Posted: 12/May/2011 at 12:11pm |
Originally posted by shadows
hiteshjee can i enter at current levels, what the charts are saying for next six months for this. thanks |
This is a high risk high return stock. If you want to buy you can keep a stop loss of 79 to ur buy.
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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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nav_1996
Senior Member
Joined: 08/Sep/2006
Online Status: Offline
Posts: 803
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Posted: 12/May/2011 at 12:44pm |
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I had tried to understand this. Has very complex transactions to understand. My conclusion:
1. Listed in India to avoid stricter US laws. Promoters/Operations/Customers all are in US mostly.
2. Appears that company has related party(promoter owned entities) transactions in US
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Jaishrikrishna
Senior Member
Joined: 06/Sep/2008
Location: India
Online Status: Offline
Posts: 1132
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Posted: 12/May/2011 at 1:03pm |
Originally posted by kushal.masand
sirji kuch good stories batao na....
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Just type Hit2710 OR Basant OR Kulman, in the TED search engine, and read as many as threads possible, You ur self will get that answer 
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Don't Buy and Hold, Buy and Homework / Fish see the bait,but not the hook; Men see the profit, but not the peril.
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