Vedanta Share Discussion Threads

[shawzie] 15/1/2016 15:19

Cairn India might not save Vedanta.

[brutus8] 15/1/2016 11:44

beeezzzIndia consumption was up 8% last month whilst Russia has already cut back half a million. Iran is already priced in but the media will keep on the negative just to sell more news. Pressure will start mounting on the saudi to cut and if they don't am sure uncle sam will find a way to persuade them perhaps via a Yemen strike.Everyone except the saudi,Iraq,Iran cannot afford sustained production at these low prices and very much doubt they would allow the saudi to destroy their business.

[treeshake] 14/1/2016 17:10

Love the monkeys part !

[volsung] 14/1/2016 17:02

I have bought a new yacht from my VED short. They should not have tried to mine the holy mountain. This make Shiva angry. He punish. Also monkeys do not like it.

[treeshake] 14/1/2016 16:34

What about me ? Buying this and TLW all the way down from here :-)

[brutus8] 14/1/2016 16:23

All brokers at it. What they mean is: we scare holders into selling and we pick up cheap.They all know oil cannot stay this cheap for much longer.You sell you lose. You hold you lose nothing.The cycle always comes round.

[beeezzz] 14/1/2016 12:35

Barclays lowers share price target....

[beeezzz] 12/1/2016 11:16

Its amazing the share price when they cut target and goes up when increase it, no rhyme or reason to the markets these days, maybe a few shorts taking profits.

Well if Oil does go to $16 and goods and services plummet as well, the downside is we could see hyper inflation on the upside, gold is the place folks.

Three major area contribute to inflation, energy, food and wages.

[eekdude] 12/1/2016 07:53

Checkout yesterday's RNS. Bond buyback.

[lebiche] 12/1/2016 07:10

Vedanta Resources: Jefferies cuts to underperform; cuts target price to 150p

[beeezzz] 11/1/2016 17:45

Yep debt restructuring is the key here now!!....plus market pricing in dividend cuts which are inevitable.

[volsung] 11/1/2016 16:35

VED - the short that keeps on giving!

[shawzie] 11/1/2016 16:08

Vedanta should have reduced debt instead of paying an unsustainable level of dividend.
This applies to many other companies, not necessarily in the commodities market where dividend paid far exceeds the earnings per share. Thankfully there are still companies which pay a reasonable dividend and now keep the level of dividend below the eps.

[salpara111] 11/1/2016 14:23

Bottom line is that they have an unsustainable debt pile to service.
If they cant monetise their share of Cairn India they will most likely have to engage in a rescue rights issue.

[beeezzz] 11/1/2016 11:50

Will it breach £2 this week.

[ny boy] 10/1/2016 03:04

A lot further to fall in the sector yet, you can't see many survivors, only the very strongest multi nationals, any with huge debts will buckle and go under.

[beeezzz] 09/1/2016 21:48

Well according to this report we have further to fall, but, hey who knows experts get wrong.

[temmujin] 09/1/2016 16:48

this was 600p a few months ago... now 227p..seems abit over sold to me

[smurfy2001] 09/1/2016 15:10

This oil sell off has been savage. Imagine if we were in a recession!

Sigh.

[linton5] 08/1/2016 16:18

I'm behind you Brutus all the way this is torture