Friends,
I find a call from one of the well reputed brokerage that Siemens is giving a chance to give shares over the market rate , so one should surrender those shares!
I donno whether he is speaking for Siemens or whether he understand what does it means when parent Co wants to increase the stake from 55% to 75% at 28% premimum.
It is very clear and also written in the text that Siemens wants to increase the share of India's arm then it is obvious that Siemens shares are not supposed to be surrendered in open offer......
I find a call from one of the well reputed brokerage that Siemens is giving a chance to give shares over the market rate , so one should surrender those shares!
I donno whether he is speaking for Siemens or whether he understand what does it means when parent Co wants to increase the stake from 55% to 75% at 28% premimum.
It is very clear and also written in the text that Siemens wants to increase the share of India's arm then it is obvious that Siemens shares are not supposed to be surrendered in open offer......
Hi Rajeev,
ReplyDeleteAny view on Tourism Finance Corp. of India,526650, if you happen to follow?
With Regards,
Vikas
Hi Rajeev,
ReplyDeleteWaiting for your reply.
In mean time one more interesting RD 360 episode.
http://www.moneycontrol.com/news/market-outlook/experts-decodewisdomsdalal-street_519886.html
http://www.moneycontrol.com/video/market-outlook/experts-decodewisdomsdalal-street_519886.html?utm_source=Article_Vid
ENJOY and LEARN!
With Regards,
Vikas