Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 09/Dec/2006 at 5:42pm
Should be sometime in late jan - these demergers go through court approval and we all know how our judiciary works.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 1076
Posted: 09/Dec/2006 at 8:32pm
Besides the demerger, Zee is exibiting another similarity with TV 18, in that it is also exibiting the same high volatality that TV 18 exibited before it's delisting...
There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 11/Dec/2006 at 7:10pm
We started discussing zee at Rs 320 odd so the ones who have been trapped are the people who buy when the stock goes up - nothing to complaint there!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 1076
Posted: 11/Dec/2006 at 9:10pm
Originally posted by catcall
I don't think it's to do only with the change of hands, I think the way this script is moving, there is a lot of speculative trading going on this counter
recall my previous post as quoted above on this counter..... It seemed from the way the stock was moving that a lot of short term speculative F&O positions being built up on this stock. If you are a trader( i am not), then 300 should be a good support level and should bounce back from these levels before the demerger actually occures.. Happy trading!
There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 11/Dec/2006 at 9:22pm
Zee fell because they lost the cricket broadcast rights to ESPN - Star. AT least that is one solid explanation I was able to think of!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
But should that be the reason for this steep a fall? Atleast one thing is proved from the latest cricket broadcast rights. Zee is not bidding insensibly and is not willing to pay any price for the rights. I will consider that to be a little positive for company as a whole. The value unlocking arguments are still there as much as they were earlier. Zee remains a good play with moderate management in the high growth entertainment industry.
Basantjee, Can you let us know anything about the past dealings of the management of the company, which makes you doubtful about their quality/intent?
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
