Dear Sir, MS is trading at cmp because of not only income tax demand of over 2k crores but for bigger liability towards its owner-Mahindras.MS is made to swallow bitter pill on regular basis to satisfy the greed of its owner. Every up move of its price was killed by dropping merger bomb.This process was continued till a most suitable(biased) swap ratio was announced.Now MS is made trade at cmp to justify that swap ratio. Sir, just look at its broad and diversified verticals , we used to hear announcement of its partnership with other firms every week(on average) which add golden feather in its crown and its performance-growth improved a lot.These all positives should reflect in its price but this is nowhere in sight I accept that these are business tricks,cunning management often exercise it to quench their greed.And mahindras are very much skilled in this VIDYA The stock price will fly even with the mountain of tax claim but only after merger ...

for you everthing scret......live like a bheegi billi...

developed economies are going to continue to be like that for a while.but u will be surprised by the merged entity performance. words alone from u or me are no consolation. lets wait to see where we r on 30/5/2013 and 30/12/2013. i dont read news papaers . i write those articles months in advance which appear later. ...

check on 30/5/2013 and then 30/12/2013. see how we r going at that time. on one side u r saying we should give crdit to management for what they have done as they have delivered on what they said and on the other side ur denying their 5 billion rev target. u r also misquoting last yr combined revenue which was 2.4 billion USD. U cant pre judge. u take ur bets and see what happens. i have seen very difficult markets and conditions in sales and marketing in my life and still gr8 growth. Good ones always stand out where ever they r. ...

these things you will never know.....if you have contacts with big brooker then you wull know these information...its up to you believe or not...

you got it sir.......Hydro projects!!!!...

M satyaam will be flying high this week if tech mahindra manages to deliver just ok results. Both will be up in the sky this week itself....

issue u raised r there but does not mean that merged comapny wont grow at that rate. convalescence and after that u feel better very quickly. we shall see. i believe in the forecast given by BG108 and the one given by management re 5 billion revenue. We are getting there for sure. ...

must be one man brokerage house sitting in a dungeon....

Communication is the biggest thing. They have miserably falied in connecting to the investors and the market. So far. Market does not think they have done a good job. Lets see how future judges them. Average so far....

Instead of being so free with ur views take time to read what i posted....WITHOUT IN ORGANIC GROWTH etc etc....

Newspaper articles suggest otherwise and that usa is once again headed for a recession as the last couple of months have indicated. It is not proper to ask retailers to book their profits in other shares and park them in msat. U have been saying this for more than a year with visibility of neither gains nor dividends....

Without organic growth i doubt that the target of $5 bn would be achieved. As it is it is just a tad over $2 bn and to more than double in about 2 years time is not possible without appreciable inorganic growth, no matter recovery from convalescence. Merely achieving the target at reduced margins is no good. It is better to have steady growth with good margins than stupendous growth (like the one imagined) with meagre margins like raju did....

wishful thinking at the moment. The giants have a far far bigger war chest for acquisitions to ensure inorganic growth than Msat and organic growth has its limits in view of stiff competition all over the world unless u have niche products like apple etc...

UNFORTUNATELY This board has been converted to a pig sty INSTEAD of being one for collecting upto date information/views on the scrip. What a pity....

All of u imply this in ur messages and i fully disagree with that. The cmp is where it is bec of ITAX demand of over 2kcrores and it is wrong to say that management has induced tax authorities to make that demand till merger is over so that cmp remains subdued. IT IS PREPOSTEROUS and tax authorities are not katputhli like that . They may at best take something under the table to lessen their demand but will not make such demands out of thin air or bec the management asks them to do so....

This is what the co said in its annual report

considering the
recession and pressure on the margins of software industry the company
as part of its diversification plan to mitigate the impact of foregoing,
has amended its objects facilitating to venture into trading of gold
and jewellery and other ornaments by utilizing the experience of the
promoters in this field as well as to set-up small hydro power
generation units. The huge projects in which field? Small hydro or gold trading???...

UNFORTUNATELY This board has been converted to a pig sty INSTEAD of being one for collecting upto date information/views on the scrip. What a pity....

Mahindras had said that it is a 3 year revival plan i.e. by june end this year ....one more month to go. They have REALLY kept up their word as evidenced by stability in turnover and increased profits every quarter of the year ended. LET US ACKNOWLEDGE this performance and not pre-judge their intent to deceive msat investors. A little partiality towards parent co is expected and understandable atleast to me....

TM results may be under pressure bec of etisalat dues. No prudent co will declare dividends when there are appreciable claims pending esp Itax claim for over 2k crores....

Yes that ratio will continue till merger or if by a miracle ITAX matter is resolved in a month or two favourably with outgo of about 500/600crs only. However i do not expect this to take place and my calculations are on the basis of both entities stabilising their turnover and profits will mean an combined eps of 100 AND DEPENDING ON P/E ASSIGNED BY MARKET will quote reasonably well (better if rerated to p.e of 13 or 15)if p/e is well above 10. If these turn out to positive then the profits from cmp will be modest or very good respectively....

If the balance is investment income agree that it can be a recurring feature until monies are utilised for inorganic growth which will deliver greater profits generally than investments and also lead to rerating. Managements of all cash rich IT COS are on the lookout for such pickings in view of turmoil in europe. Msat is now more confident as evidenced by their moves on NAGPUR SEZ....