Vedanta Share Discussion Threads

[temmujin] 08/11/2017 14:27

i actually up my stake by 6x...the fall was a gift

[temmujin] 08/11/2017 14:26

been told zinc revenues will be fantastic this quarter due to high price of zinc...oil too

[mustau] 08/11/2017 12:24

Unfounded drop yet again, expecting good results on Friday

[smurfy2001] 08/11/2017 11:42

This was trading ahead of KAZ market cap wise so l use that as an indicator as to how poorly this has performed.

Oh well.

[the original goldbug] 08/11/2017 00:55

The problem with Vedanta is that you need to be a forensic accountant to really understand the debt on the balance sheet.

The PLC has all the debt and all the cash is at the subsidiaries. Funnelling the cash up is not tax effective, so the net debt numbers are worse when this is taken into consideration.

They really need to get the gross debt down at the PLC and despite reasonably healthy commodity markets they are not really achieving this goal.

That is the reason this stock stays heavy. However, it is very cheap given the recent growth in accounting EBITDA (profits at the subsidiaries).

[linton5] 07/11/2017 18:41

Not long to results and dividend announcement chaps (10th) 🌻

[temmujin] 04/11/2017 05:25

oil price to boost ved..now $62

[mustau] 02/11/2017 21:41

It was, lol!
I was hoping pfc to drop under 4, not very likely now.

[linton5] 02/11/2017 21:04

Now that was a cliffhanger comment if I ever heard one mustau lol.gonna watch Ross kemp in barlinnie now🍷

[mustau] 02/11/2017 19:00

Met someone very close to the big boss of PFc, very interesting character.

[linton5] 02/11/2017 16:35

Took more hik at the bell (maybe a mistake) glad to see Pfc move,I thought Ved was good at 906 today. But remember Friday tmmw and normally that means 🤔

[mustau] 02/11/2017 14:12

Bailed aca, with a few pounds profit, bought lmi, sold and added more here.
Presently looking at lion, as much as I don’t like aim may place a small amount.
Imm worth a punt, holding a few from .55.

[linton5] 02/11/2017 12:00

I took some hik earlier mustau,are you still in aca

[linton5] 02/11/2017 11:59

I'm swithering here mmmmmm

[mustau] 02/11/2017 10:30

Just can’t seem to hold, hopefully decent results, backed with a nice divi should help.

[smurfy2001] 01/11/2017 10:50

Really need to see a breakout a nice rise in advance of the results.

[mustau] 01/11/2017 09:05

A little top up yesterday, can it stay above 9 this time.

[mustau] 26/10/2017 18:34

When will this move away from 8, a few false dawn. Any guide to charts?

[smurfy2001] 24/10/2017 00:21

Vedanta Group's Anil Agarwal To Float $1 Bn Venture Capital Fund For Startups

[smurfy2001] 24/10/2017 00:19

JSW Steel, Tata Steel and Vedanta are among the seven companies that have expressed interest in Bhushan Power & Steel, undergoing the Reserve Bank of India (RBI)-mandated insolvency process.

[smurfy2001] 24/10/2017 00:18

Vedanta’s focus is to produce 50% of the total oil output in India: Anil Agarwal, Chairman,Vedanta Resources

After the Cairn-Vedanta merger, do you have room for leverage?
We have a total debt of some $4 billion. We’ll make more than that in profit this year. We have one of best balance sheets in the world in this industry.

[smurfy2001] 23/10/2017 15:45

Cracking results from Hidustan Zinc. Still undervalued.

Annual div (ADY) 42.39 GBX
Annual div yield (ADY) 4.86%

[mustau] 23/10/2017 15:11

Just seen, will we get a div from Hindustan Zinc?