Vedanta Share Discussion Threads

[smurfy2001] 02/7/2018 11:26

Decided once l get my cash out I may pick up Vedanta Limited ADR’s hopefully possible in the ISA.

Still believe in the long term prospects.

[zho] 02/7/2018 11:16

Discussion and broker comment at

[the original goldbug] 02/7/2018 10:50

Yes Gary, you are of course running the risk (tiny in my view) thatvthe deal collapse and that is the merger arbitrage premium.

I am confident when I say it’s dinner on you :-)

[garycook] 02/7/2018 09:53

If I buy 3,500 shares now at 821p with SD and comm thats £28,886.With 3,500 shares at 825p is £28,875.But I pick up a £1,085 dividend if I keep until July 19 is that correct.

[linton5] 02/7/2018 09:31

Totally with you salver I had big expectations for years here but London blew it. As I’ve said before if this had been a British company like Diageo this would be up with Aal price

[salver2] 02/7/2018 09:24

Being bought out at a pe of less than 6 on next year’s earnings - the company is almost being stolen back at that price but then if the idiots in the city don’t ascribe a proper value to the shares there does not seem to be much other option for agarwal - the city never understood this one ebitda of nearly 4 billion quid and takeout value of 2.3 billion - need we say more!

[dozey3] 02/7/2018 09:05

Agreed Smurfy, it’s a steal.

[smurfy2001] 02/7/2018 08:35

Can't help but feel gutted at the potential long term return here :(

[linton5] 02/7/2018 08:22

I was in this position years ago when Pog bought a Russian ore company for 20p just kept buying when they kept it at average 17p and waited

[linton5] 02/7/2018 08:19

I sold 25k at protests now 10k bought last week at ave 640

[linton5] 02/7/2018 08:17

Even buying 10k the now at 816 you’ll get 3.5k

[the original goldbug] 02/7/2018 08:15

Can’t blame them for this lowball bid.

The London institutions have essentially given up on trying to value the company properly.

They are too busy investing in Amazon.

[smurfy2001] 02/7/2018 08:15

Indeed holding the shares. l closed my CFD positions made over £6000 on those in no time so don't care for the dividend there. Luckily i'm going to cash in the ISA held the most there so chunk of the profit will be tax free :)

[linton5] 02/7/2018 08:14

Just need Crst to be bought over now lol

[mustau] 02/7/2018 08:12

....and above Kaz.

[its the oxman] 02/7/2018 08:12

Yes should go ex with no real fall in share price.

[linton5] 02/7/2018 08:08

Remember don’t sell or you won’t get divi

[linton5] 02/7/2018 08:07

Glad I bought some back after selling all mine at 843 phew

[smurfy2001] 02/7/2018 08:05

Was hoping it would be bought out but not at these silly prices :((((

[its the oxman] 02/7/2018 08:00

Cash offer so suspect it wont

[linton5] 02/7/2018 07:56

If this opens under £8 pile in I’d say guaranteed profit guys