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hkumar
Senior Member
Joined: 15/Jan/2007
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Posts: 160
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   Topic: Query Board
Posted: 14/Jun/2010 at 1:08pm |
Given the immense knowledge of TED members on stock market / tax / other various subjects, I am initiating this thread to ask various questions for which we don’t know the answer and help each other finding it.
I have following question, TED members please comment if you know about it.
Question: If a company gets delisted and an investor doesn’t surrender the shares during open offer. Does he has any option available to sell its shares back to the company later or is he stuck with them.
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basant
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Joined: 01/Jan/2006
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Posted: 14/Jun/2010 at 1:37pm |
Once that is done an investors patience is tested and his conviction rarely rewarded. It is entirely upto the discretion of the company to buy it back and surely companies do not buy back in a bull market Of course he does receive dividends. 
Edited by basant - 14/Jun/2010 at 1:38pm
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EMANI
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Location: India
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Posted: 14/Jun/2010 at 2:36pm |
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It is expected that Mahindra satyam is likely to present its restated a/cs for the last 2/3 years and for Mar 2010 before end of june.Can we expect a new life to the company in the hands of Mahindras?
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esn
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LearningToFly
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Joined: 22/Feb/2010
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Posted: 14/Jun/2010 at 3:21pm |
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Any idea about EPS. It's FY 2008 EPS was 25. Should we expect it to be at least Rs. 10?
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Success... at all cost.
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hkumar
Senior Member
Joined: 15/Jan/2007
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Posted: 14/Jun/2010 at 3:40pm |
Originally posted by basant
Once that is done an investors patience is tested and his conviction rarely rewarded. It is entirely upto the discretion of the company to buy it back and surely companies do not buy back in a bull market
Of course he does receive dividends.
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Thanks Basant Ji,
In that case given new delisting guidelines, the companies where the promoter holding is >75%, there is no need to sweeten the open offer. They can just come with an open offer at SEBI calculated formula and let the investor surrender their shares at that price or delist otherwise any way and let the minority shareholders suffer.
Is my understanding correct?
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basant
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Posted: 14/Jun/2010 at 3:56pm |
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To the best of my knowledge, belief, faith and understanding - YES.
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'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
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karn
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Joined: 05/Apr/2010
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Posted: 16/Jun/2010 at 6:24pm |
De listing is painful. 
I have two queries too.
After making stock selection based on personally chosen criteria, does it matters to teddies whether the stock get noticed by the market as in whole?
Second one is about the taxation. I'm a salaried employee. I have been buying stocks from my post taxed money. I'm lately playing with the idea of devising some personal corporation where as myself and my family members will own shares of that corp. And the corp will do biz of equity investing along with realty and agriculture. The advantage I'm planning to have is to take care of my spending needs like buying car, bills of various kinds, holidays etc from the company earnings before tax. The question is am I right in my concept/thinking?
Edited by karn - 16/Jun/2010 at 6:36pm
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LearningToFly
Senior Member
Joined: 22/Feb/2010
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Posts: 490
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Posted: 16/Jun/2010 at 6:46pm |
I think you cannot do equity investing as this will come under PMS (portfolio management services) and there are so many things to comply.
What you can do is start a company in realty and agriculture and then you can invest the money from your earnings from this company. Its like any other company that invests surplus money in stock market.
Any thoughts from Teddies will be appreciated.
Originally posted by karn
De listing is painful.
I have two queries too.
After making stock selection based on personally chosen criteria, does it matters to teddies whether the stock get noticed by the market as in whole?
Second one is about the taxation. I'm a salaried employee. I have been buying stocks from my post taxed money. I'm lately playing with the idea of devising some personal corporation where as myself and my family members will own shares of that corp. And the corp will do biz of equity investing along with realty and agriculture. The advantage I'm planning to have is to take care of my spending needs like buying car, bills of various kinds, holidays etc from the company earnings before tax. The question is am I right in my concept/thinking? |
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Success... at all cost.
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