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Vedanta Share Discussion Threads
Showing 8201 to 8224 of 8225 messages
|Chart says it all.Bang on and in channel for £10.Will think about selling then. Not now.|
|Yip I think your right mate|
|Well my £10 target is safe|
|I've just sold probably the biggest boboo of my life|
|What a fantastic rise,pile in lads n lassies|
|Solid numbers on Q reported...Net profit more than doubles QoQ to 779 croreNet profit at 779 crore; up 117% QoQ; highest in the last 6 quarters Strong free cash flow of 1,565 crore even at low oil price; solid Cash and Cash Equivalents position.|
|Some positive results... I'm nearly breaking even lol|
|Firing on all cylinders !Looks like big fundies are stake building.|
|Algorithms just keep buying lol|
|Well we've not hit £10 yet so not reducing till l see that price.|
|You would be crazy to sell Ved considering the news flow smurf|
|Come on VED don't let me down.
KAZ doing well though ..|
|Well that was a quick recovery :)
Still waiting for my target of £10.|
|Mms looking to get your shares cheap,don't give them away. Chancers|
|£1.7b market cap is way toooooo low.Onwards upwards.|
|Solid numbers. Very good indeed.|
|Agreed, all looks very positive.|
|Absolutely fantastic production figures,what is there not to like in that report.WELL DONE VEDANTA👌|
|Its production figures, shouldn't be any mention of divi.|
|A few days old that lol,but positive non the less|
|NEW DELHI: Mining mogul Anil Agarwal today said the merger of his group's cash-rich oil subsidiary Cairn India with parent firm Vedanta is likely to be completed by the end of this fiscal.
"It has been approved by shareholders. Now it has to be approved by the High Courts. We expect it to be done by this fiscal-end," Vedanta Resources Chairman Anil Agarwal told PTI here on the sidelines of the India Economic Summit, which is jointly organised by WEF and CII.
The merger is now subject to the approval of the jurisdictional High Courts as well as other regulatory approvals.
Through the merger, Agarwal is looking to create India's largest diversified natural resources firm, which can compete with BHP Billiton and Vale SA.
Last month, in a major victory for the billionaire Agarwal-led firm, Cairn India shareholders approved merger of the company after LIC and Cairn Energy PLC of UK voted in favour of the sweetened merger ratio. LIC holds 9.06 per cent stake in Cairn India while Cairn Energy has 9.82 per cent.
In September itself, Vedanta Ltd and Vedanta Resources shareholders had approved the merger under a revised all-share deal.
In a bid to salvage the merger, Vedanta had in July this year sweetened the deal by offering three additional preference shares in hope of winning over minority shareholders like LIC.
In the revised offer, Vedanta will give minority shareholders of Cairn India one equity share and four redeemable-preference shares with a face value of Rs 10 each. The preference shares will carry a coupon of 7.5 per cent and tenure of 18 months.
In June last year, Vedanta had offered shareholders of Cairn India one ordinary share and 7.5 per cent redeemable preference share with a face value of Rs 10 each.
Vedanta is said to be wanting to use Rs 23,290 crore cash lying with Cairn to pay off part of its Rs 77,952 crore debt.|
|Good numbers they will be.Get a divi and the share price will rocket !|
|Don't expect a finish over 637 as its next resistance. All depends on Mondays results, I'm hoping for a divi declaration. Good luck all|
|Production figures on Monday morning.|