Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Ranbaxy Laboratories
open offer acceptance ratio...
Posted by :
ZapataTracked by: 1 Boarder
Mr Shah,
It is my opinion that Sept Fut price will not drop below 390, if that.
As far as 350 is concerned, that may have been the original target, but that target was achieved in August itself. Chances of going to 350 again are remote.
The offer has already closed and we may see some downward movement in the stock when the balance shares are released by Daiichi. However, there will be a very small gap between the release of shares and the end of Sept futures. It will be touch and go.
I was expecting that the gap between the Underlying and the Sept Futures price will decrease everyday, but today the opposite happened - the gap has widened. So obviously something is going on and prices are being manipulated. Be careful.
Zapata...
In reply to:
open offer acceptance ratio...
Posted by :
shah_warrior
thank you for your response, I wanted to know whether there is a chance of ranbaxy going to 350 levels in this September series? People were pretty confident that it will and hence I initiated my shorts, according to you where can the price of Ranbaxy go from here.
thanking you in anticipation of your reply
Regards,
shah_warrior 
Ranbaxy futures price
Posted by : abgcorpTracked by: 0 Boarder
Karvy has practically frozen the sept. futures price at 415. It will move the price up or down depending on how many contracts are short/long. If there are too many long contracts open they will drop the price by 10% to flush out the weak holders and then start pushing the price up. They will do the opposite if there are more short contracts open. It\\`s a question who will chicken out first-karvy or the investors. I suspect it will be Karvy!...
open offer acceptance ratio...
Posted by : shah_warriorTracked by: 1 Boarder
thank you for your response, I wanted to know whether there is a chance of ranbaxy going to 350 levels in this September series? People were pretty confident that it will and hence I initiated my shorts, according to you where can the price of Ranbaxy go from here.
thanking you in anticipation of your reply
Regards,
shah_warrior ...
In reply to:
open offer acceptance ratio...
Posted by : Zapata
Mr Shah,
There are significant chances of Ranbaxy Sept Fut price shooting up. There is no reason now for any difference in the underlying and the Sept Fut price. Hence I strongly advise that you cover 5 of your shorts. In case the price falls, you can cover the remaining five. In case the price rises, you can short again at higher levels - say at 445, bringing down your average.
Zapata
NSE Announcements on Ranbaxy Labs
Posted by :
MMB MessengerTracked by: 0 Boarder
Ranbaxy Laboratories Ltd has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008. A copy of the Limited Review report alongwith explanation on the observations of the Auditors shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Hold Ranbaxy Labs: KRChoksey
Posted by : rajebishtTracked by: 0 Boarder
i have 175 of ranbaxy please advice me hold or sale. My holding capacity long term ...
In reply to:
Hold Ranbaxy Labs: KRChoksey
Posted by : MMB Messenger
KRChoksey has recommended a hold rating on Ranbaxy Laboratories. Japanese drug maker Daiichi Sankyo’s open offer to acquire an additional 20% stake in Ranbaxy labs. ended on Thursday.
Hold Ranbaxy Labs: KRChoksey
Posted by : MMB MessengerTracked by: 0 Boarder
KRChoksey has recommended a hold rating on Ranbaxy Laboratories. Japanese drug maker Daiichi Sankyo’s open offer to acquire an additional 20% stake in Ranbaxy labs. ended on Thursday....
open offer acceptance ratio...
Posted by : ZapataTracked by: 1 Boarder
Mr Shah,
There are significant chances of Ranbaxy Sept Fut price shooting up. There is no reason now for any difference in the underlying and the Sept Fut price. Hence I strongly advise that you cover 5 of your shorts. In case the price falls, you can cover the remaining five. In case the price rises, you can short again at higher levels - say at 445, bringing down your average.
Zapata...
In reply to:
open offer acceptance ratio...
Posted by : shah_warrior
I am short on 10 ranbaxy september futures at 400 levels should i hold or book my losses
open offer acceptance ratio...
Posted by : shah_warriorTracked by: 1 Boarder
I am short on 10 ranbaxy september futures at 400 levels should i hold or book my losses...
In reply to:
open offer acceptance ratio...
Posted by : maw
if ranbaxy shareholders have patience the price of ranbaxy shall be around 650-700 as the promoters have to exchange market transact their holding in order to avail nil long-term capitalgains tax
Wht happens if Promoters Sell via Exchang
Posted by : GuestTracked by: 0 Boarder
What could be the price of Ranbaxys share if the promoters decide to sell their share via exchange to save on Capital Gains Tax?
Any ideas?...
open offer acceptance ratio...
Posted by : mawTracked by: 1 Boarder
if ranbaxy shareholders have patience the price of ranbaxy shall be around 650-700 as the promoters have to exchange market transact their holding in order to avail nil long-term capitalgains tax...
In reply to:
open offer acceptance ratio...
Posted by : guptaone
hv heard that ranbaxy open offer ratio will be abt44%-45% range!
post offer, i do expect ranbaxy to tank around 390 - 410 levels which should be a great oppurtunity to invest! any views? - tks n regds - gupta.
open offer acceptance ratio...
Posted by : bullish9000Tracked by: 1 Boarder
its good only for us if 45% is accepted but i strongly doubt over it.
i have heard at most 35% and so.
regards
bullish...
In reply to:
open offer acceptance ratio...
Posted by : guptaone
sirJI!...cnbc reports open offer over subscribed abtt2X... indicates abt 50% shall be accepted but same cnbc also reports..33%likely to be accepted. my sources says 44to45% will be accepted! wait n see the u will know whether i am right or wrong! - tks n regds - gupta.
Option Price
Posted by : vam_aruTracked by: 1 Boarder
There is no clear cut price range emerging, The price you are quoting may be at the start of the trade, but now gap bridged.
The sep 380 call is around 70, sep 400 call is around 53 rs now, and the spot price is 450 , so it's a correct pricing... ( in line with spot rates )
People are expecting this stock to trade around 350, but buyers and sellers are having more risk...Let the big fellows take risk by buying the sep future, and sell sep call, ( both are risky options )
Suppose if you holder of the RANbaxy shares, some people played like this taking minimal risks like selling the same quantity in CASH , and buyed the futures , cash sell around 512 to 520, and taken the futures at 360 to 380 , so they have secured around 140 rs, in the event of Stock goes 280 also they are covered, ( this strategy been done by only who sold the same quantity as in futures ).
...
In reply to:
Option Price
Posted by : selvarajlatha
Why is it that the option price looks unbelievable?
will the exchange modify the strike rates in view of the offer by Daichi.
The SEP 400 call is quoting at around 112 while the Sep future is 382 !
is there such a risk of stock going below 270(382-112. One can buy sep future and sell sep call. It cannot be so simple.
can any one clarify?
\\`selvarajlatha\\`
Option Price
Posted by : selvarajlathaTracked by: 1 Boarder
I just want to know what is the basis for the change in price?
How will they adjust the strike rates?
'selvarajlatha'...
In reply to:
Option Price
Posted by : Guest
The price is expected to fall to 387 levels once the open offer period runs out. But the option being american can be excersiced at any time.Hence the difference.Don\\`t fall for it.It\\`s not an arbitrage opportunity
Simple Poll for all Ranbaxy Boarders ..
Posted by : the_seekerTracked by: 0 Boarder
Ranbaxy stock is gonna swing wildly.
Expect a panic bottom of around Rs. 250/- to be formed sometime before 31st Oct.
Regards etc....
In reply to:
Simple Poll for all Ranbaxy Boarders ..
Posted by : steadyinvestor
Question is:
Where do you see the Ranbaxy Stock Price headed in Cash till 31st October 2008 - Towards below 400 or above 500?
Pls post your answers in response.
Thanks in advance.
How apply for open offer
Posted by : GuestTracked by: 0 Boarder
I live in London and received the open offer document from Karvy in Hyderabad on Friday 05 Sep 2008. The post date marked on the envelope was 11 Aug 2008. Surely it does not take more than 15 days for the post from a major city in India to reach its destination by AIR MAIL. I agree with . There is some dirty play. Neither the registarar Karvy nor the manager ICICI Securities should be paid by Ranbaxy and on top of that both these Houses should be heavily fined by SEBI.
I downloaded the Acceptance Form on 12 Aug 2008 and posted the Delivery Instruction Slip to my DP by courier service and requested my DP to send me the Acknowledged DIS by courier service and thus I was able to send my Acceptance Form together with the Acknowledged DIS by courier service to Karvy in Hyderabad on 27 Aug 2008. Upon tracking the package Karvy in Hyderabad received my Acceptance Form on 01 Sep 2008. I had to pay a hefty premium for using courier service.
Last November I lost out on Ambuja Cement Open Offer because I received the Open Offer document from Karvy after the close. I have learnt my lesson....
In reply to:
How apply for open offer
Posted by : Guest
I stay in hyderabad. I got booket only on 1st september. But On the booklet the posting date mentioned was 11th August and it was posted from Hyderabad Karvy office. There is surely some foul play here. Is SEBI listening ????
Boarders Outlook on Ranbaxy Labs
positive outlook45 queries on Ranbaxy Labs
see moreMore from the Pharmaceuticals Sector
Boarders tracking Ranbaxy Labs
see more News Updates on Ranbaxy Labs
