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till yesterday there is no update in ms website about the transcript of earnings conference call. it seems someone need to remind them by sending an e mail reminder. (last time i sent an my request for this subject)...
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is there any timeframe to intimate the shareholder when the AGM will take place or is it there own sweet will to intimate...
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looks like WP was just trying to remind u how important what you said was.
And dont forget what you said.
This is what i was saying all along and u had reservations abt it.
looks like u had a change of heart on seeing EPS of M SATYAM OF 11 Vs 44 of T M....
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sorry,
did not try.
............
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"however if investors of msat contest the merger ratio as utterly unfair to msat based on its past , present and future potential the issue may drag on or the merger ratio may be changed by scaling it down to 1 for 5 or 6. "
so be it....
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Agar etne kushal hote
yeh aay-kar ke adhikaari
n hota kaala dhan,hasan ali
n hoti videshon main choron ki tijori
Jai ho...
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LL. Those who think that tax implications and other claims pending do not have a role in present cmp of the scrip are kidding themselves. On the one hand management is accused of suppressing share price by all means and ON THE OTHER the same people are HOLDING ALOFT extinguishing of 30% of msat shares as VERY CRUCIAL to eps. Why did the fraud management TAKE THE STEP OF EXTINGUISHING 30% OF MSAT SHARES TO BENEFIT INVESTORS is not explained by these allegers. The CMP will reflect its worth once the tax claims etc are dealt with esp tax claims....
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sir....honestly i cant tell you all details...nobody will......but you also know now this company is not dependent to software.....they spread their buisness in construction also.......it will go up only...
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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 ...
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could not find extracts of conference call of msat on the net or the cos website too....
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Ha ha my postings coming back to me in my inbox. LL...
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do u have any link on msat conference call following q4 results Bg?...
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When do u think msat will get its rightful p/e of double digits (peers having about 20). A year from now?...
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रिलायंस इंडस्ट्रीज
पोस्ट करनेवाले : pss5588
तिथि :23rd May, 2012 - 15:30
BSE: Rs 688.00 ( -0.46 % ), NSE: Rs. 688.70 ( -0.35 % )
Manipulated result. A couple of days later one reads about 3k crores of loan to be reshuffled under cdr etc. ...
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Within 6 months or so. Agm has to be held to agree the same and thereafter go ahead from ap and mumbai high courts. If there is no litigation it will be over by this calendar year. However if investors of msat contest the merger ratio as utterly unfair to msat based on its past , present and future potential the issue may drag on or the merger ratio may be changed by scaling it down to 1 for 5 or 6...
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How do u explain the extinguishing of 30% of msat shares by management which will benefit investors greatly by increasing eps? U will not come across any industrialist or businessman who is not corrupt in one form or the other. Even infosys paraded as the paragon of virtue had shown marked weakness in collaring land banks from most state govts by holding out hope of employment generation thro software set up in that state. Only after the same was exposed in outlook magazine that they have now resorted to asking for reasonable extent of land. The cmp only reflects the contingent liabilities the co faces which may or may not materialise in full or partially and the biggest of all these is the tax demand....
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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....
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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....
Rating :
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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....
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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....
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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....
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