Vedanta Share Discussion Threads

[temmujin] 04/4/2018 08:43

remember shareprice was above kaz a few weeks back..alot of catching up to do

[temmujin] 04/4/2018 08:42

i disagree...broke 700 today and back down in a flash to 690 level..looks like they want to trigger stops

[arja] 04/4/2018 08:25

not an easy chart to read but it does suggest a move to 640 or 600 as worst case scenario . But who knows and markets sometimes fool us .

[cumnor] 03/4/2018 23:20

Can Agarawal be trusted? Despite his ultra bullish stance the City seems to think the man and the company lack credibility. The serious lack of interest is baffling.

[smurfy2001] 03/4/2018 23:00

Not a bad buy looking at the chart i'm just praying it won't go down too much further now otherwise gulp!

[temmujin] 03/4/2018 20:02

well i bought in today...then it falls...can never get it right with this share

[linton5] 03/4/2018 16:50

I sold a few dlg at 4.25pm there and forfeited the divi which is April 5th, just want some ammo this is becoming a cannomdrum now as Agarwal is so bullish and price is pretty bearish 🙈🤔

[linton5] 03/4/2018 16:47

Ditto mustau,I’d be retired now jeez that’s a gutting feeling

[mustau] 03/4/2018 16:25

This is painful, should have stayed all in Kaz.

[rampant_bull] 03/4/2018 12:16

Just so depressing to invest here

[mustau] 03/4/2018 11:18

Added A few more but a dog it is at mo.

[linton5] 02/4/2018 13:31

The one thing for sure is no one knows how this will effect share price as it’s a lottery wi Ved to be honest. Every news good or great or bad we go down.i hope they know what there doing.i night buy some Rio on Monday if it’s a drop 1st thing. Really want some here but not performing like the others aal,glen,fxpo,kaz the big multi baggers

[smurfy2001] 29/3/2018 16:28

Well that's a relief onwards to 800p :)

[the original goldbug] 29/3/2018 16:04

Iron ore is irrelevant gentleman as it produces nearly no EBITDA for the group.

It’s a burnt orange herring!

[linton5] 29/3/2018 15:49

Very good chart sir just didnae follow that path to a tenner though,right ok I must stick to my guns no purchasing unless under£7 coz we’re stuck in no mans land between 7 and 8 for a bit I NEED DIrECTION. Mr agarwal where are you when we need you🙏🏽;

[smurfy2001] 29/3/2018 15:41

Here you go:

[mustau] 29/3/2018 15:40

Well called, personally don’t know what to make of the happenings with this co. Feel should diversify some of my long term into mcro.

[linton5] 29/3/2018 15:39

Let’s see the chart smurfy come on share it with us veds 🤓

[linton5] 29/3/2018 15:37

Wondered when the company was gonna make a statement regarding goa, I’m not sure what to do here regarding topping up to be honest

[smurfy2001] 29/3/2018 15:36

Honestly if you see my chart this played out perfectly

[mustau] 29/3/2018 15:34

Bloody higher than prior to news.

[smurfy2001] 29/3/2018 15:31

@LINTON5 - almost hit the 670 target on that bad news.

[smurfy2001] 29/3/2018 15:29

:(

Update on Iron Ore Goa

The Company reviews the carrying value of its assets at each reporting period
end considering market developments such as long term commodity price
assumptions, regulatory changes and other developments. In light of the
Supreme Court of India judgement dated February 07, 2018 wherein the Court has
directed that effective March 16, 2018 all mining operations in the state of
Goa are to be stopped, the Company wishes to inform its investors that there
could be a likely impairment of US$ 500 million to US$ 600 million net of
taxes (US$ 700 million to US$ 800 million gross of taxes) on this account.
This is mainly related to mining reserve and would be reflected in the results
for FY 2017-18. Impairment is non-cash accounting item. Further, the closure
of Group's iron ore business in Goa would not have any material impact on the
Group's profitability.