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Ranbaxy Laboratories
Ridiculous postings wil start appearing .
Posted by :
shah_warriorTracked by: 0 Boarder
I think you have a valid point, the reason being that there is heavy call OI built up at 540 and 600 calls (September series ) here is the data from NSE website (OI IN NUMBER OF SHARES)
540 CA OI --- 1647200 400 PA OI --- 776800
500 CA OI --- 1052800 380 PA OI --- 553600
600 CA OI --- 1229600 500 PA OI --- 132800
520 CA OI --- 580800 390 PA OI --- 9600
from the above analysis it is clear that there is an expectations that the price may end up in the range of 500-550
If anyone cam comment on this analysis it would be great, I have considered only the most actively traded strike price with high OI.
regards,
shah_warrior...
In reply to:
Ridiculous postings wil start appearing .
Posted by :
steadyinvestor
Now that the offer is over and people have tendered their shares. We will see a flurry of activity on this board of Ranbaxy from 2 groups. One that is long in Sep / Oct series and the other that is short in the Sep / Oct series.
Each group will try and score a point on how the market is and why should the share price of Ranbaxy move up to 500 or down to 400. Because from now onwards where ever the share price moves the Sep and Oct Series prices will move accordingly.
I believe that the share price will move to 500 plus and my simple logic is as follows:
1) Enterprise value of Ranbaxy given their clean balance sheet and revenue projections for this fiscal year is roughly around 600+ as per various brokerage reports (Search for these reports on Money Control yourself as links can not be posted in this note as per the rules).
2) Daichi is paying a huge premium.
3) Therefore open offer is oversubscribed twice.
4) Daichi could accept this over subscription.
5) CCEA would approve of this additional investments too as LIC, GIC and UTI / SUUTI have also tendered in their complete holdings. So its in the govt.\\`s interest to accord approval.
6) Discount in Sep series have come down from 140 rupees to 30 rupees on Friday.
7) Discount in Oct series has come down from 155 to 40 rupees on Friday. ANd Open interest is still climbing indicating massive short covering as a lot of the shorts are now stuck hopelessly.
So net .. net ... if you are long enjoy the upside and if you are short .. be wise and prudent in taking the right step.
open offer acceptance ratio...
Posted by :
guptaoneTracked by: 0 Boarder
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....
In reply to:
open offer acceptance ratio...
Posted by : bullish9000
Guptaji open offer acceptance ration will not be more then 33-35% ratio.
news is confirmed.
Lic and Gic have tendered there 16% holding in ranbaxy.
open offer acceptance ratio...
Posted by : bullish9000Tracked by: 0 Boarder
Guptaji open offer acceptance ration will not be more then 33-35% ratio.
news is confirmed.
Lic and Gic have tendered there 16% holding in ranbaxy....
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.
Simple Poll for all Ranbaxy Boarders ..
Posted by : steadyinvestorTracked by: 0 Boarder
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....
open offer acceptance ratio...
Posted by : steadyinvestorTracked by: 0 Boarder
By law - what is the mandate of the open offer which is 9.37 Crores shares to take the share holding to 58% has to be accepted by Daichi.
Now the question is whether they will accept the oversubcription?
My answer to this question is that YES - Dachi will accept this over subscription - because they would like to amass as many shares as possible in one go. If they do this then their shareholding will go up to 78% and this will zoom the stock price because then we could be sure that in a year or two they would delist the company in India.
Wonderful possibilities.......
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 : guptaoneTracked by: 0 Boarder
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....
Ridiculous postings wil start appearing .
Posted by : steadyinvestorTracked by: 0 Boarder
Now that the offer is over and people have tendered their shares. We will see a flurry of activity on this board of Ranbaxy from 2 groups. One that is long in Sep / Oct series and the other that is short in the Sep / Oct series.
Each group will try and score a point on how the market is and why should the share price of Ranbaxy move up to 500 or down to 400. Because from now onwards where ever the share price moves the Sep and Oct Series prices will move accordingly.
I believe that the share price will move to 500 plus and my simple logic is as follows:
1) Enterprise value of Ranbaxy given their clean balance sheet and revenue projections for this fiscal year is roughly around 600+ as per various brokerage reports (Search for these reports on Money Control yourself as links can not be posted in this note as per the rules).
2) Daichi is paying a huge premium.
3) Therefore open offer is oversubscribed twice.
4) Daichi could accept this over subscription.
5) CCEA would approve of this additional investments too as LIC, GIC and UTI / SUUTI have also tendered in their complete holdings. So its in the govt.\\`s interest to accord approval.
6) Discount in Sep series have come down from 140 rupees to 30 rupees on Friday.
7) Discount in Oct series has come down from 155 to 40 rupees on Friday. ANd Open interest is still climbing indicating massive short covering as a lot of the shorts are now stuck hopelessly.
So net .. net ... if you are long enjoy the upside and if you are short .. be wise and prudent in taking the right step.
...
BUY OSCAR - Promoter co of Ranbaxy
Posted by : rtoshniwal1Tracked by: 0 Boarder
about 1.75 cr shares in ranbaxy .... cannot sell in the open mkt once SPA has been signed .... oscar's cost price is just rs.12-13 .... now its book value, after sale completion, will go up to 750+ .... so even at 50% discounting it sud rule at 350 + ...
In reply to:
BUY OSCAR - Promoter co of Ranbaxy
Posted by : raju_khemani
do you have it's balance sheet . how many shares do they hold in ranbaxy. what if they were to sell at Rs 400/- would they fetch in open market rate
can you give current market price book value and holding by promoters
Buy ranbaxy at around 300....
Posted by : marketmanTracked by: 1 Boarder
Buy ranbaxy at around 300 for value investment.... it is said to be fully valued at 375 after open offer....
Once the acquisition process will be over,they may tray to do market making with less floating stock....
The smart traders may enjoy in the band of 300-375 in coming days....
Warm reception to open offer by investors clearly shows bearishness in the counter in the very near term.......
Oct discount narrowed to 45 Rupees ..
Posted by :
fmcgbitesTracked by: 0 Boarder
it will crash to 375 in October 2008....
In reply to:
Oct discount narrowed to 45 Rupees ..
Posted by : steadyinvestor
Pls expect it to merge on Monday and the price to be in the range of 450 to 475 very very soon. Happy short covering rally in Oct series ....
Oct discount narrowed to 45 Rupees ..
Posted by : steadyinvestorTracked by: 0 Boarder
Pls expect it to merge on Monday and the price to be in the range of 450 to 475 very very soon. Happy short covering rally in Oct series .......
How apply for open offer
Posted by : GuestTracked by: 0 Boarder
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 ????...
In reply to:
How apply for open offer
Posted by : marumoor
I just got booklet contains FORMs for open offer. But the note says Sept 4th is the last date. Can someone clarify it. Can I go ahead and apply still for surrender the Shares..? . Thanks.
How apply for open offer
Posted by : marumoorTracked by: 0 Boarder
I just got booklet contains FORMs for open offer. But the note says Sept 4th is the last date. Can someone clarify it. Can I go ahead and apply still for surrender the Shares..? . Thanks....
Ranbaxy a big fraud
Posted by : GuestTracked by: 0 Boarder
Dear Doctor,
Am not a fan of Singh, but am replying this as i know something about markets and SEBI. The promoters of their company staff wont have the details of the shareholders, its held by NSDL in demat form. So, they should get the list of sharedolders and their address from NSDL as on some specified date, which was around aug mid in this case. But for applying for open offer, you can apply even in plain letter or by any other means suggested by SEBI. Have a look at SEBI site and do the needful if u still hold the shares. ...
In reply to:
Ranbaxy a big fraud
Posted by : sba26
I am a doctor, and I had a strong faith in ranbaxy products, so opted for buying shares of ranbaxy , as I bought at higher price I was waiting for the ranbaxy people to send me the buyback offer letter, as I was told by my broker that the company does it so usaully, But till there is no sight of it, adress OK, so I think these singh managed now bali ka bakra daichi, dont have basic customer ethics and clarity, I sold at a loss instead of holding, I made up my mind to to go for ranbaxy products as they are not to be trusted, hope my doctor friend realise this, as so the recent probes of its crediblity is already questioned.
Ranbaxy- Open Offer
Posted by : mawTracked by: 1 Boarder
please get your facts right open offer is not from ranbaxy...
In reply to:
Ranbaxy- Open Offer
Posted by : MOORDAN
I have not received the open offer from Ranbaxy though the offer seems to have closed.Will I still receive the open offer.If not, is there any Regulatory Authority with whom I can lodge my complaint.
Ramamurthy from Coimbatore.
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