Vedanta Share Discussion Threads

[mustau] 02/7/2018 07:53

Lint, have to agree.

[mustau] 02/7/2018 07:52

Ved ltd will still be listed in India, seems Agarwal,is,taking back.

[temmujin] 02/7/2018 07:40

or could this spark a bidding war? seems too cheap at 825p

[kulvinder] 02/7/2018 07:40

Yeah you right if you have bought below £7.50 it is a gift from god. A profit is profit. Sorry to any guys who have bought in higher here it is being taken out on the cheap when compared to its peers.

[temmujin] 02/7/2018 07:38

are they delisting it so avoid bad press coverage?...seems fishy to me

[kulvinder] 02/7/2018 07:37

You think this is a done deal or someone else will come in with a bid, now the price has been revealed?

[gersemi] 02/7/2018 07:35

Happy with that. Never look in a gift horse in the mouth - we are price takers ie muppets

Squib not squid. All squids are damp. A damp squib is useless. A bit like a flat tyre

[mustau] 02/7/2018 07:34

I can’t complain have done well, £12 should have been the min.
This is just a delisting motion with a buyout theme!
A steal it is!!!

[ouiey1000] 02/7/2018 07:31

Totally agree, mugged!

[its the oxman] 02/7/2018 07:29

We're gonna be robbed, should be well over 1000p , but it will go through.

[mustau] 02/7/2018 07:27

Markets here failed to value this correctly, taken out on the cheap.

[zangdook] 02/7/2018 07:15

woof!

buyout 825p + dividend.

[kulvinder] 30/6/2018 08:38

Will we see a share price rise into the ex divi date or will it just be a damp squid and not get back to at least £7.50?

[smurfy2001] 29/6/2018 12:47

NCLAT refuses to stop Vedanta from delisting Electrosteel
Vedanta Star Ltd, a wholly-owned subsidiary of Vedanta Ltd, intended to make a delisting offer to the existing shareholders of Electrosteel, offering an equivalent exit price of ₹9.54 per equity share

hxxps://www.livemint.com/Industry/v2BstT1LTbmHNCtMeAtRDO/NCLAT-refuses-to-stop-Vedanta-from-delisting-Electrosteel.html

[smurfy2001] 29/6/2018 12:46

Ramdev, Sadhguru bat for Vedanta's Sterlite plant; Tamil Nadu government says don't care about their views

“Met Anil Agarwal Ved ji during my London visit. I salute his contribution in the national building process by creating lacs of jobs and economic prosperity. International conspirators created ruckus at one of Vedanta’s plant in South of India through innocent local people. Industries are the temples of development for the nation. They should not be closed,” tweeted Ramdev on Monday.



hxxp://zeenews.india.com/india/ramdev-sadhguru-bat-for-vedantas-sterlite-plant-tamil-nadu-government-says-dont-care-about-their-views-2120744.html

[smurfy2001] 29/6/2018 12:45

Sadhguru, Baba Ramdev back reopening of Vedanta-owned Sterlite plant in Tuticorin; Tamil Nadu ignores duo's plea

hxxps://www.firstpost.com/india/sadhguru-baba-ramdev-back-reopening-of-vedanta-owned-sterlite-plant-in-tuticorin-tamil-nadu-ignores-duos-plea-4619371.html

[salver2] 28/6/2018 17:08

It seems incredible that these shares are where they are with oil this high- brokers are indicating a pe of less than 4 for next year and I bet that is factored with oil in the 50 to 60 dollar range- oh well I’ll just take my massive dividend and keep buying!

[smurfy2001] 27/6/2018 20:21

After Ramdev, Sadhguru bats for Vedanta, warns against 'economic suicide'

Sadhguru tweeted, “Am not an expert on copper smelting but I know India has immense use for copper. If we don't produce our own, of course we will buy from China. Ecological violations can be addressed legally. Lynching large businesses is economic suicide.”

Interestingly, in his tweet, Sadhguru tagged the Twitter handles of the Prime Minister's Office and Tamil Nadu Chief Minister's Office, in addition to the handle of a popular TV journalist.

hxxps://www.theweek.in/news/india/2018/06/27/ramdev-sadhguru-vedanta-economic-suicide.html

[smurfy2001] 27/6/2018 13:20

loganair - it may they have had issues in the past (hence why some funds have elected to ditch their positions a number of years ago Church of England being one high profile example; l wasn't invested then but anyone that was made a tidy penny). However, they have effectively given 'carte blanche' to inspectors of their Sterlite copper plant, a plant with zero leakage. There's no proof of environmental impact either. That doesn't suggest to me a company with a poor environmental record over the long term.

[loganair] 27/6/2018 11:43

smurfy - Why do you think Vedanta's share price is where it is today instead of being much higher?

[fuji99] 27/6/2018 11:35

smurfy - References ? People have the right to dream from time to time...

[smurfy2001] 27/6/2018 11:01

References?

[loganair] 27/6/2018 10:51

I've been looking at Vedanta for some time, like with many Indian companies, one thing I've very much noticed is how poor the company's Environmental, Social and Governance principles are which means the company has a poor approach to sustainable and responsible governance over the long term.

[shammytime] 27/6/2018 10:42

On its way to 600 before any sort of bounce...