Vedanta Share Discussion Threads

[tradejunkie2] 15/1/2018 16:05

Attack run 2;)

[smurfy2001] 15/1/2018 15:31

Wondering if we've hit resistance. Price at the upper trend line now.

[mustau] 15/1/2018 15:17

No intention of selling anymore.

[linton5] 15/1/2018 14:48

Stay strong guys this could be the start of something big,they want your stock

[smurfy2001] 15/1/2018 10:59

Well not long to wait to see what debt is down to results in Feb. One item i'll certainly be keeping an eye on.

[the original goldbug] 15/1/2018 10:57

It could easily be worth north of £30 if the commodity cycles holds for 36 months and they get net debt down to $3bn.

[mustau] 15/1/2018 10:52

Shame I sold a few on Friday. 33 should still give me a fair whack.

[smurfy2001] 15/1/2018 10:30

That's what the article says.

[ifthecapfits] 15/1/2018 10:08

£33.12????

[smurfy2001] 15/1/2018 09:54

Note: This is from Mid december but thought it was worth reading in case it was missed.


Is Vedanta Resources still cheap?

Good news, investors! Vedanta Resources is still a bargain right now. My valuation model shows that the intrinsic value for the stock is £33.12, but it is currently trading at £7.23 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, Vedanta Resources’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

[linton5] 15/1/2018 09:19

The old lady trying finally to catch the rest up,justice is being very patient at times

[smurfy2001] 14/1/2018 18:27

Not familiar with that index do keep us in the loop please :)

[linton5] 13/1/2018 14:16

Keep an eye on the crb commodity index sitting on 199 longterm resistance 200 if broken next resistance would be 250. I dare say if broken blue skies for lady Ved

[smurfy2001] 12/1/2018 18:07

BlackRock's Hambro Sees Commodities Bull Run in 2018
January 11th, 2018, 9:56 AM GMT

Evy Hambro, who manages BlackRock Inc.’s World Mining Fund, says commodities will enjoy a bull run in 2018 based on synchronous global growth and under-investment in new supply. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)

[smurfy2001] 12/1/2018 13:58

Upcoming Events

02 Feb 2018

Production Release - Q3 FY2018

11 April 2018

Production Release - Q4 FY2018

23 May 2018

Preliminary Results - FY2018

[the original goldbug] 12/1/2018 12:52

I would have thought the move in oil would generate another $500-700m in EBITDA, that’s ballpark without proper analysis.

I think above $60 WTI Cairn is a good deal. Vedanta is highly geared and never issued a ton of equity like Rio Glencore etc.

It’s not inconceivable to see EBITDA approaching $5b so I think this equity can revisit the early 2010 high of cerca £30 if commodity prices hold up over the next 36 months.

[linton5] 11/1/2018 16:08

Cairn India purchase you can say really hasn’t enhanced veds share price going by historic values

[linton5] 11/1/2018 14:55

Mustau I’ve also purchased Jkx due to technical reasons as broke out of a fallen wedge which is normally classed as bullish (time will tell) sorry o/t guys

[linton5] 11/1/2018 14:03

Aye we shoulda followed the captain,boy school error chaps

[smurfy2001] 11/1/2018 13:37

Anil Agarwal is quids in with his AAL investment damn!!

[mustau] 11/1/2018 12:39

Thanks will defo look into.

[mustau] 11/1/2018 12:05

Agree, namely in area of expo. Do they have much borrowing?

[linton5] 11/1/2018 12:01

Jkx more of a gamble on certain issues

[mustau] 11/1/2018 11:54

Fst should do very well, me thinks. I’ll look at jkx.