Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Ranbaxy Laboratories
Ranbaxy fell 70% from its offer price....
Posted by :
sam_pdTracked by: 0 Boarder
Ranbaxy promoters are the master of the game.once the promoter sold the company to Japanese guy, many common investors also followed the same strategy and sold it that time in open market. ranbaxy had given good gain earlier for some and now its giving worst loss also for some. ...
In reply to:
Ranbaxy fell 70% from its offer price....
Posted by : marketman
Ranbaxy quoting below 70% of its offer price by daichi.... within a short span of time no index/sensex stock behaved like this and might havent seen this much fall within two months.... promoters were intelligents and nicely sold to japanese people at fancy price.... they know stock market game very well because they are basically stock brokers.... 
Ranbaxy fell 70% from its offer price....
Posted by : marketmanTracked by: 0 Boarder
Ranbaxy quoting below 70% of its offer price by daichi.... within a short span of time no index/sensex stock behaved like this and might havent seen this much fall within two months.... promoters were intelligents and nicely sold to japanese people at fancy price.... they know stock market game very well because they are basically stock brokers.......
When shall we recive our money of Open offer
Posted by : GuestTracked by: 0 Boarder
This people are doing all wrong for their own advantage....
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : vkk43Tracked by: 1 Boarder
Sorry, I do not have any idea. If u check yr letter of offer, u could find this detail....
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : bullish9000
any time frame when we will recv our cheques...
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : bullish9000Tracked by: 1 Boarder
any time frame when we will recv our cheques... ...
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : vkk43
Thanks for your msg.
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : psgsTracked by: 1 Boarder
Can i buy more of monsanto at current levels?...
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : WBuffetBlog
psgs,
Pfizer sales have impacted due to few Consumer health brands sell off to J&J. But they are showing improvement in bottom line. Stocks like pfizer will always give shareholders good rewards. Pfizer like stocks should always be added at declines. Rather its good news..if Pfizer like companies share prices fall, then its opportunity to bring down average price & increasing div yield.
I have already started averaging from the last one week those bluechips having high dividend payouts & entered in some low price stocks with good div yield ( 9-10% PA) with consistent div paying record.
There will be profit booking at every rise in market.FIIs will keep selling so I don`t feel worst is over for markets. Major index heavy weights like Reliance, ITC, Infosys, TCS are under bear grip. Any upward rally is difficult to sustain.Wait & Watch.
Support-Resistance LEVELS for TOMORROW !
Posted by : DUstocksTracked by: 0 Boarder
R3 R2 R1 P S1 S2 S3
293.91 284.33 274.26 264.68 254.61 245.03 234.96
...
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : WBuffetBlogTracked by: 1 Boarder
psgs,
Pfizer sales have impacted due to few Consumer health brands sell off to J&J. But they are showing improvement in bottom line. Stocks like pfizer will always give shareholders good rewards. Pfizer like stocks should always be added at declines. Rather its good news..if Pfizer like companies share prices fall, then its opportunity to bring down average price & increasing div yield.
I have already started averaging from the last one week those bluechips having high dividend payouts & entered in some low price stocks with good div yield ( 9-10% PA) with consistent div paying record.
There will be profit booking at every rise in market.FIIs will keep selling so I don`t feel worst is over for markets. Major index heavy weights like Reliance, ITC, Infosys, TCS are under bear grip. Any upward rally is difficult to sustain.Wait & Watch.
...
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : psgs
how did u find pfizer`s results???
will the markets bounce back sharply tomorrow since the US house of rep`s have passed the bailout package?
i feel the market will be back at 16-18k range by diwali time. :)
hope we can make money by investing tomorrow.
swamy.
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : GuestTracked by: 1 Boarder
u look to be too much optimistic.market becoming 16k is next to impossible.ranbaxy may get boost, as govt. of india okayed diachi fdi...
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : psgs
how did u find pfizer`s results???
will the markets bounce back sharply tomorrow since the US house of rep`s have passed the bailout package?
i feel the market will be back at 16-18k range by diwali time. :)
hope we can make money by investing tomorrow.
swamy.
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : psgsTracked by: 1 Boarder
how did u find pfizer`s results???
will the markets bounce back sharply tomorrow since the US house of rep`s have passed the bailout package?
i feel the market will be back at 16-18k range by diwali time. :)
hope we can make money by investing tomorrow.
swamy.
...
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : WBuffetBlog
psgs,
I don't think, there will be any delisting offer so soon.First, the management will make the current imbroglio to be settled with USFDA. As I said, Mr.Singh anticipated these toubles long ago, that why he has sold to Dai Ichi which is capable of taking on these MNCs.
Ranbaxy has own manufacturing unit in US - Ohm labs, It means USFDA gives approvals so loosly? The fact is non of Ranbaxy's drugs caused any deaths or adverse reactions on any patients in any country leave alone US. All this mess is creation of handful US MNC's whose product pipeline has dried up with no block buster drugs coming in, so they want to defend their home markets with such allegations on Ranbaxy in light of the fact that many more blockbusters will go off patent (read Lipitor of Pfizer)& Ranbaxy will sell them very very cheap in regulated markets.
Ranbaxy Lab marches ahead
Posted by : MMB MessengerTracked by: 0 Boarder
At 10:02 am, Ranbaxy Laboratories was quoting at Rs 262.40, up Rs 10.70, or 4.25%. It has touched an intraday high of Rs 265 and an intraday low of Rs 254. It was trading with volumes of 194,330 shares. On Wednesday the share closed up 1.59% or Rs 3.95 at Rs 251.70. ...
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : vkk43Tracked by: 1 Boarder
Thanks for your msg....
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by :
nitin_moneybhai
Another good opportunity to earn thousands of rupees is that register ur mobile number at the following link:
http ://ww w.mGinger.co m/index.jsp?inviteId=cancerpower
remove the spaces from the above link
get registered on the above link and build ur network..for adv messages u will be paid and people are earning thousands....
as it is new....u can build a network easily and start earning
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : vkk43Tracked by: 1 Boarder
Sorry, I do not have any idea....
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : Guest
hey folks do u have any idea when `daichi open offer` money will be credited? its about a month...
Rupee fall benefits Daiichi in Ranbaxy deal
Posted by :
MamaShreeTracked by: 0 Boarder
The delay in getting regulatory approval for its acquisition of Ranbaxy Laboratories has proven to be a blessing in disguise for Japanese pharma major, Daiichi Sankyo.
The sharp depreciation in the Indian currency over the past couple of months has brought down the deal size in dollar terms by a whopping 10 per cent. Which means Daiichi would save Rs 2,250 crore, or $445 million, just because of the delay.
The two companies had signed a definitive agreement on June 11 this year. In case the transaction was completed in 45 days, say by July 31, the deal would have cost Daiichi around $5.07 billion as the US currency was hovering around Rs 42.50 in the last week of July.
In the three-way transaction, Daiichi acquired the 34.81 per cent stake held by the Singh family. In addition, Daiichi also made an open offer.
Since the open offer has already received overwhelming response, the transaction would cost Rs 21,560 crore, which is equivalent to $4.58 billion at the rate of Rs 47 per dollar.
The cabinet committee on economic affairs approved the transaction today when the dollar was at Rs 47, a sharp fall of 10.5 per cent. “Daiichi Sankyo is now free to acquire Ranbaxy,” Finance Minister P Chidambaram said after a meeting of Cabinet Committee on Economic Affairs (CCEA).
Since the deal involved investments more than Rs 600 crore it needed the approval of the CCEA.
Since the agreement was based on Rs 737 per share, the Indian shareholders are insulated from any currency fluctuation, said Malvinder Mohan Singh, chairman and managing director of Ranbaxy Laboratories.
As the actual investment is made only after getting the regulatory approval, the Japanese major would bring the money only now. According to a senior official of ICICI Securities, which is one of the advisors in the transaction, “in a deal of this nature, which needs multiple approvals, the acquirer normally ensures the transaction in the form of bank guarantee. The actual money would start coming after getting all the regulatory approval.”
Under the law, the acquirer also needs to deposit 25 per cent of the mandatory open offer in the escrow account. “Even the escrow account transaction is being funded through bank guarantee,” said a senior banker.
As part of the acquisition deal, Daiichi will also have to make an open offer for 20 per cent equity stake in another pharma company Zenotech Laboratories in which Ranbaxy owns 46.95 per cent equity stake.
Following the government approval, the Ranbaxy share price went up sharply in a falling market. The scrip gained 4.83 per cent to close at Rs 263.85 after touching an intra-day high of Rs 274.70 against the previous day’s close of Rs 251.70 on the BSE....
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : GuestTracked by: 1 Boarder
hey folks do u have any idea when `daichi open offer` money will be credited? its about a month......
In reply to:
Accumulate Ranbaxy - victim of MNC Cartel
Posted by : vkk43
This bearishness will continue for a while.
Boarders Outlook on Ranbaxy Labs
positive outlook
negative outlook38 queries on Ranbaxy Labs
see moreMore from the Pharmaceuticals Sector
Boarders tracking Ranbaxy Labs
see more News Updates on Ranbaxy Labs
