Vedanta Share Discussion Threads

[rhatton] 03/5/2017 09:47

Full year results on the 25th of this month.

[salver2] 03/5/2017 09:37

There is no real problem with debt as this year coming they will have net debt of about 1.15 times ebitda - which is actually very low - everyone is looking backward with this share- I remember buying barratts at 90 pence and then they went up 600 percent - the papers always banged on about there debt even when they had none !! That's because journalists are lazy and just regurgitate what's gone before- kaz minerals for example have about 2.75 net debt to ebitda - which is double vedanta!!

[runwaypaul] 03/5/2017 08:52

my feb 24th sell rec and 400 target not looking so daft now....

[the original goldbug] 03/5/2017 08:49

You guys are reluctant to properly analyse the balance sheet. If you understood the debt profile you would understand the volatility.

Despite the almost grotesque balance sheet at the Vedanta Resources level I think they will be able to nurse it back to health due to the lost cash costs of the underlying businesses. They should probably not pay dividends however until the balance sheet is more under control.

[linton5] 02/5/2017 19:45

That's why this stock is so weird I find,all its subsidiaries are doing fine share price wise but big mamma is is diving,you'd think it would be other way about. There is something we don't know here. Rio come in and put an offer in👌

[linton5] 02/5/2017 19:41

I've set the stool up aw ready under the chandelier

[sux_2bu] 02/5/2017 18:38

Will reassess at 560p.

[temmujin] 02/5/2017 18:30

so why is it only down 0.7% on US markets?

hxxp://www.moneycontrol.com/india/stockpricequote/mining-minerals/vedanta/SG

[kulvinder] 02/5/2017 17:53

Timber comes to mind with this one...just can't believe how it just keeps dropping.

[smurfy2001] 02/5/2017 17:13

Well this is very disappointing. Might need to get some spare capital to add here soon.

Yield is creeping up.



Annual div (ADY) 40.27 GBX
Annual div yield (ADY) 5.82%

[sux_2bu] 02/5/2017 16:52

Not far to go until support if creating the Handle. But if that fails, I wouldn't rule out 200p's. imo.

[rampant_bull] 02/5/2017 16:48

Down another 6% on nothing, this is relentless

[mustau] 02/5/2017 15:02

Any issues in s Africa ops? Can't seem to find anything of substance. Anyway shorters all over this.

[linton5] 02/5/2017 14:25

Are you nibbling salver

[linton5] 02/5/2017 14:24

Are you nibbling salver

[salver2] 02/5/2017 14:21

These contribute a minimal amount to earnings!!

[smurfy2001] 02/5/2017 13:48

Aluminium and Power Operations RNS?

[rampant_bull] 02/5/2017 13:03

Can't quite figure out a fall from 1100 to 650 when it's only been positive news since

[temmujin] 02/5/2017 11:55

take out the shorters and problem would resolve fast

[sux_2bu] 02/5/2017 11:43

I bet investors, when buying at £25 per share laughed at the prospect of 250p per share. Guess what happened.

[its the oxman] 02/5/2017 11:36

Don't see sub 600p without wider market / mining fall. Something specific driving this.

[sux_2bu] 02/5/2017 11:16

Double bottom on the hourly failed.

Seat belts on to 500's.

[its the oxman] 02/5/2017 11:12

Why so weak?