Vedanta Share Discussion Threads

[linton5] 20/11/2017 09:16

I sold up my Pfc at 449 before last drop, check out iof mustau good one to sit on for a while. I won't sell my Ved mate review them 2020 as India just starting commodity wise to take off🐍

[mustau] 20/11/2017 09:08

Still holding here and kaz. Never expected this below 8 but as they say never trust. Pfc doing good, hopefully genuine rumours.

[linton5] 20/11/2017 09:05

Hi mustau i see kaz has finally pulled away from Ved price wise. Never thought I would see that especially with last few rns news. Just shows you kaz 75p to 780 Ved 195 to 760 so far . I know it means nothing but I'm hacked off haha 😂

[mustau] 20/11/2017 08:42

Cmon ved gives a good day!!

[linton5] 16/11/2017 12:17

This stock ain't for the fair hearted lads and lassies 🌻👹🐍

[lexus880] 15/11/2017 12:20

The risk-off mood that’s gripped global markets this week continues, with mining and oil-related stocks the biggest losers. The MSCI All-Country World Index declined 0.2 percent, reaching the lowest in almost three weeks on its fifth consecutive tumble, while Japan’s Topix index closed lower for a fifth day. In Europe, the Stoxx 600 Index was 1 percent lower at 6:00 a.m. S&P 500 futures signal more losses at the open, while the dollar slid.

[lexus880] 15/11/2017 12:18

Commodities tumbled after industry data showed U.S. stockpiles unexpectedly rose last week, with a barrel of West Texas Intermediate crude trading at around $55. Adding to the pain was a report that Russia thinks it's too early to announce an agreement to extend output cuts. Raw materials were under fire earlier this week after the International Energy Agency cut its forecast for demand, while the slowdown in Chinese industrial production and lending data has sparked fears of weakening demand in the world’s second-largest economy.

[mustau] 15/11/2017 08:33

Morning all

Has this bottomed? Or switch off till March

[temmujin] 14/11/2017 21:59

even the ftse100 is a casino just like AIM...markets run by shorting crooks

[rampant_bull] 14/11/2017 20:59

920 a week ago, now sub 800. And on the back of positive results. Really makes sense this one.

[temmujin] 14/11/2017 12:21

same price as KAZ now...criminal!

[mustau] 14/11/2017 11:16

Ffs 2x, actually In red now, cannot believe how this has responded since the interims.

[shammytime] 14/11/2017 10:44

If this doesn't bounce off 800 we are screwed

[linton5] 14/11/2017 10:21

Same price as a year ago I take it nothing positive has happened at Vedanta in that time

[linton5] 14/11/2017 10:16

Yip me to smurfy major disappointment Vedanta getting compared to peers

[smurfy2001] 14/11/2017 09:32

Hopefully the price rises in advance of ex-dividend but performance after results simply disappointing.

I still blame the chairman's interest in AAL for this.

[the original goldbug] 13/11/2017 17:16

The problem Linton is that there is zero liquidity. It’s a hangover from a convertible bond in Vedanta, which was converted into a separate listing on the Luxembourg exchange. As I was bullish on the equity at the time (this was back in early 2010) I accepted the conversion.

And I can’t say there is any wisdom in this as I rode it down from $28 to $2.25 at the low. Anyway if Ved ever gets taken out it will reprice in line to the ords so I am very happy to clip the dividend and wait for a 200% rerating one day.

I received about $5 in divvies since 2010 and the stock trades at $3 so I’m only down 70% haha. Truth is, when I was running a fund, I bought loads of the equity at £4 and the convertibles were trading at about 40c during the crash and bought them too.

So I’ve had a near 10 year ‘love affair’ with Vedanta. I don’t live in Luxembourg. In fact anyone can buy the Lux line they are just very illiquid and have a bid offer of $3-7 haha!! They also have no voting rights which I always figured was academic given the fact the family controls the business anyway.

[linton5] 13/11/2017 13:40

Unbelievable I think I’ll move there goldbug sounds a great place to be,a country that plays the game well and keeps out the spotlight.good for you oh wise one

[the original goldbug] 13/11/2017 13:37

It’s very important to me Linton as I own the non voting illiquid line of the stock quoted in Luxembourg which trades at a 72% discount. Even if the regular stock falls another 20% the Lux line would unlikely fall as its already on a 20% yield.

[linton5] 13/11/2017 13:13

There’s your divi and back to September price in one morning(🤡