Vedanta Share Discussion Threads

[linton5] 17/7/2018 16:15

If Volcan is buying up shares there getting them at discount

[linton5] 17/7/2018 16:13

Yes 825 on deal day or last day on lse

[84stewart] 17/7/2018 16:06

I DOUBT you will see 855 on Friday, the offer should it materialise is 825 after divi

[ashwani01] 17/7/2018 15:52

I do find the share price drop puzzling. Am I missing something. Risk of offer not materialising ?

[guman] 17/7/2018 15:45

804 now and 855 on 20/7

[84stewart] 17/7/2018 15:45

divi only once whether they buy your shares or not

[ashwani01] 17/7/2018 15:33

Unless the following appliesVED pays me my dividend as per the ex div date (ie 19 Jul).Volcano then ALSO pay me £8.25 PLUS the dividend again 31p to buy the shares off me after end Jul ?That's too good to be true ?

[ashwani01] 17/7/2018 15:27

I understand that whoever holds shares on 19 Jul ex div date gets the dividend. Not sure how exactly that ties in with the offer of 8.25 plus dividend ?

[84stewart] 17/7/2018 12:50

Be interesting to see how a merger with AA Africa plays out ,they would have to buy out remaining shares, give AA more than 50% of VED to get more than 50% of AA Africa effectively loosing control of VED, no cash alternatives were discussed, unless they give up shares in AA.

[sarahbudd] 17/7/2018 11:51

If the deal goes ahead then the shares are effectively worth 8.55... the concern here is if it does go ahead. Ive added on basis that it will..

[enewman36] 17/7/2018 11:41

Someone please tell me if I am off the mark here, share price usually drops on ex-div days based on the price per share being offered, therefore, with a 30p divi this Thurs and an offer on the table @825, am I right in thinking that this share price will either not drop by 30p or if it does it should recover pretty quickly given the offer on the table, either way is it not free money?

[smurfy2001] 16/7/2018 13:22

Vedanta asks employees working for Thoothukudi’s Sterlite plant to return to work

[ashwani01] 16/7/2018 13:18

Been adding on dips. Hope the right strategy ?

[the original goldbug] 13/7/2018 12:57

I guess the weakness is related to commodities (especially metals) and China and the small risk Agarwhal pulls the deal. He’s a notoriously tricky character so anything is possible with him.

Anyways assuming the deal close in two months the annualised return on buying today is nearly 40% so attractive for sure. The problem for the arbs is that there is nothing to hedge against.

[ed gasket] 13/7/2018 11:49

I have. Almost guaranteed 5% return

[rampant_bull] 13/7/2018 10:56

Worth buying at these levels?

[smurfy2001] 13/7/2018 09:07

Surprised with the weakness however

[linton5] 13/7/2018 07:55

Nothing changes regarding 825 + divi deal though smurfy (done deal I’d say)

[smurfy2001] 12/7/2018 22:54

Mining majors Vedanta Limited and Anglo American Plc could together mine coal in India. The firms might table joint bids at the next round of auctions, according to a media report.

Talking about his company's inoperative copper smelter in Tuticorin, Tamil Nadu, Agarwal said that those who have been hit by the shutdown will unite and that "they will do whatever they need to in approaching the government..."

Last week, the Mint reported that Volcan Investments Ltd, the trust controlled by Agarwal, was mulling to acquire control of Anglo American’s South African business. The report claimed that the merger will create an entity worth about $7 billion.

[linton5] 12/7/2018 21:32

I’m going in first thing if still hereabout chaps

[linton5] 11/7/2018 11:23

Down a bit more chaps

[linton5] 09/7/2018 07:48

Cheers guys thanks for reply,good to hear other tactics

[smurfy2001] 08/7/2018 22:19

Linton, I've already got real shares holding out till the end. May well get a CFD on weakness but l banked £6.1K on recent CFD trades so don't want to be too greedy. Going to make enough on the real shares.