Vedanta Share Discussion Threads

[temmujin] 11/11/2017 20:19

this will bounce off 840p..u only have to look at the chart

[smurfy2001] 11/11/2017 19:51

Well some of us like to earn while we wait and it is a cracking dividend 😀

[linton5] 11/11/2017 16:17

Waste of time debating divis guys 18p from a stock that's in £7,8,9 range is nothing as can drop a lot more than that on a any day on any week. So no big deal

[the original goldbug] 11/11/2017 14:12

The interim dividend has gone up from $.2 to .24 so 20% growth maybe a little more in sterling terms given the weak domestic currency.

So that’s about 18p or just over 2% on the interim dividend alone.

[temmujin] 11/11/2017 11:55

late buys friday!

10-Nov-1717:01:25843.111934,607Buy* £291.78kO





10-Nov-1717:01:25843.111934,607Buy* £291.78kO



10-Nov-1717:01:25843.813853,688Buy* £453.03kO



10-Nov-1716:55:34846.749276,772Buy* £650.07kO

[temmujin] 11/11/2017 11:32

so if you buy now you get a good dividend soon? percentage wise how much is it?

[linton5] 11/11/2017 10:22

I would love it if Rio came sniffing around Ved and put in a wee offer of say £15 to start with. I'm doing the rounds looking for some Scottish notes to purchase some more shares here for the long term but hopefully a takeover. Mr argwal might sell up and get more of his beloved hobby of Aal stock hahaha 🤝

[smurfy2001] 10/11/2017 23:32

Agarwal to Turn Copper Smelter Into a Giant by Doubling Capacity

The company supplies about 30 percent of India’s copper market, and aims to increase that share to 50 percent through the Tuticorin expansion, Chief Executive Officer Kuldip Kaura told reporters on an earnings call.

[smurfy2001] 10/11/2017 23:22

Strong half-year for Vedanta

Diverse mining and energy group Vedanta Resources (LN:VED) had a positive first half of its 2018 financial year, with higher zinc and aluminium production leading to increased revenues and a higher dividend.

The company made no noticeable changes to full-financial year production guidance.

hxxp://www.mining-journal.com/miningjournal/news/1265293/strong-half-vedanta

[smurfy2001] 10/11/2017 23:20

Next Vedanta boss could come from oil industry

[mustau] 10/11/2017 14:46

Thanks smurf, I was expecting a positive reaction to this am news. Have to accept debt is the concern.
I am heavily exposed here, will now look to take some off.

[smurfy2001] 10/11/2017 14:41

There's no further details on this

[mustau] 10/11/2017 14:20

Smurfy can you elaborate break up cant access as not in uk.

[smurfy2001] 10/11/2017 12:20

They think Mr Agarwal will join forces with another big Anglo shareholder, South Africa’s Public Investment Corp, and try to break up the company.

[smurfy2001] 10/11/2017 11:56

Agree VED is massively lagging its peers

[rampant_bull] 10/11/2017 11:35

Pretty poor showing here compared to other miners like KAZ, AAL, GLEN, FXPO, all sitting near recent highs whereas this still sitting 30% below its February high. Should be £14 now based on the positive trends of the others and its strong results.

[mustau] 10/11/2017 10:48

They’ve said debt is manageable, some of the other miners are highly leveraged, are they not?

[smurfy2001] 10/11/2017 10:29

Gross debt is still too high why are they not listening to analysts about the concerns here?

[temmujin] 10/11/2017 07:12

you can see why they tried to trigger stops yesterday

[shammytime] 10/11/2017 07:06

Excellent numbers. Progress being made on the debt situation too. Can see this breaking through £10 today

[mustau] 09/11/2017 14:54

Defo not for the faint hearted, this is expected to report good numbers tomorrow.
The debt is manageable as we have been told a number of times.

[the original goldbug] 09/11/2017 13:52

The PLC is where the debt is Smurfy

[smurfy2001] 09/11/2017 11:43

VED shares in India at new highs so one wonders what's going on here.