Vedanta Share Discussion Threads

[mustau] 31/8/2017 15:31

Yet again a muted rise compared to the sector.

[linton5] 25/8/2017 13:29

Omedome lol ya plonker

[temmujin] 25/8/2017 13:08

rapid rise to 1000p now..unstoppable

[mustau] 25/8/2017 12:01

Above Kaz, let's see if it can be sustained.

[temmujin] 25/8/2017 05:52

yes copper now 304 up 50% since 6 months ago

[malcolmmm] 24/8/2017 23:14

With copper at a 3 year high the share price should move higher

[temmujin] 24/8/2017 22:29

VED will move fast now its broken 800p...gonna take out another long spread bet tomoro

[rampant_bull] 24/8/2017 22:27

KAZ has doubled in the last 6 weeks!

[malcolmmm] 24/8/2017 17:19

With commodities powering ahead I am hopeful that VED's share price will double within a year

[mustau] 24/8/2017 15:36

I've reinvested div and a bit more here. Start moving now!!

[malcolmmm] 24/8/2017 09:34

The Motley Fool seems to like these-
Cash cow?

Vedanta Resources (LSE: VED) might not be investors’ first choice when it comes to picking growth stocks, but the company does have a bright future ahead of it if City forecasts are to be believed.

Analysts have pencilled in earnings per share growth of 7,616% for the financial year ending 31 March 2018, as the firm rebounds from several terrible years between fiscal 2015 and 2017. For the year ending 31 March 2019, further earnings growth of 98% is expected. Based on these estimates shares in the company trade at a 2019 P/E of six and currently yield 5.4%.

Today the company revealed that it is on track to hit City forecasts in the years ahead. For the quarter to the end of June, earnings before interest tax depreciation and amortisation rose 48% while overall revenues grew 32%. Higher prices boosted revenues while actions over the past few years to reduce costs help the bottom line.

A strong operating performance helped Vedanta reduce overall gross debt by $1.3bn during the quarter, and according to the press release today, a further debt reduction of $385m has occurred since the end of June. With total cash and liquid investments of $7.4bn compared to gross debt of $16.8bn, the company is well capitalised, and further actions to reduce debt will only improve the financial situation. The stronger balance sheet will help secure the dividend and support further growth.

With Vedanta’s outlook improving, the group’s low valuation looks unwarranted.

[sarahbudd] 24/8/2017 09:32

Not in my TD account either.. messaged them. Other accounts its in.

[rampant_bull] 24/8/2017 08:19

KAZ ahead against, ffs

[bigbigdave] 24/8/2017 06:59

Divi arrived, lovely boost to start the day :o)

[linton5] 23/8/2017 17:44

Thanks guys, gonna have a moan again to them. How are you getting it so quick as in dollars ?

[deans] 23/8/2017 17:13

HL have paid.

[temmujin] 23/8/2017 16:32

serious breakout

[boggy] 23/8/2017 16:05

Selftrade had paid dividend in by lunchtime :)

[mondaytuesday] 23/8/2017 14:37

III have paid.

[linton5] 23/8/2017 14:18

I'm with allied trust been told won't get it till at least aug1st🤔

[bigbigdave] 23/8/2017 14:14

Not arrived with BARC yet but that is the norm with BARC.

[abryer] 23/8/2017 14:11

I'm with TD Direct

[linton5] 23/8/2017 13:41

Who are you with,I had problems with my previous divi in delays but another company

[archlight] 23/8/2017 13:01

Not in HL either

[abryer] 23/8/2017 12:08

Nothing gone into my account yet