Vedanta Share Discussion Threads

[linton5] 18/10/2016 08:20

Algorithms just keep buying lol

[smurfy2001] 14/10/2016 19:30

Well we've not hit £10 yet so not reducing till l see that price.

[linton5] 14/10/2016 16:14

You would be crazy to sell Ved considering the news flow smurf

[smurfy2001] 13/10/2016 13:28

Come on VED don't let me down.

KAZ doing well though ..

[smurfy2001] 13/10/2016 11:50

Well that was a quick recovery :)

Still waiting for my target of £10.

[linton5] 13/10/2016 09:50

Mms looking to get your shares cheap,don't give them away. Chancers

[anony mous] 10/10/2016 11:51

£1.7b market cap is way toooooo low.Onwards upwards.

[anony mous] 10/10/2016 07:21

Solid numbers. Very good indeed.

[bigbigdave] 10/10/2016 07:10

Agreed, all looks very positive.

[linton5] 10/10/2016 07:05

Absolutely fantastic production figures,what is there not to like in that report.WELL DONE VEDANTA👌

[bigbigdave] 08/10/2016 09:35

Its production figures, shouldn't be any mention of divi.

[linton5] 08/10/2016 09:24

A few days old that lol,but positive non the less

[smurfy2001] 08/10/2016 02:04

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.

[anony mous] 07/10/2016 16:21

Good numbers they will be.Get a divi and the share price will rocket !

[linton5] 07/10/2016 16:01

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

[bigbigdave] 07/10/2016 15:20

Production figures on Monday morning.

[linton5] 07/10/2016 10:10

I purchased 100k Pog yday at 6.40 wondering whether to top up or buy more Ezj and make a complete fool of myself

[linton5] 07/10/2016 10:08

My Kaz into Ezj what a great move that was.😱.idiot comes to mind

[smurfy2001] 07/10/2016 10:04

Yup shows how much VED/KAZ has to catch up

[linton5] 07/10/2016 10:04

Aal 220 to 1020 Ved 190 to 630

[smurfy2001] 07/10/2016 10:01

Look at AAL and GLEN for how much further this has to go. Wish l held some of the others as well. KAZ also has much further to rise.

[linton5] 06/10/2016 08:58

Not sure mate I've got 2k at 994 so watching and waiting till Monday morning and see we're it's at.good luck

[zcaprd7] 06/10/2016 08:49

Thanks for the advice! How about now on easyjet?

[linton5] 04/10/2016 11:25

Wouldn't dive into them yet though,results next week. Moving between 1020 and 996 approx the last week or 2