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i totally concur, behl might give a lollipop to investors by taking the stock to 60 as ambani is stepping in( to clean his fraudulent act of bribing rama rao)but atleast he is far better than this money eating rat named behl
behl is minting money at the cost of others. his parents never inculcated a sense of dignity. they all should be made to walk a walk of shame.people get rich but not like this, behl is killing the investors.
i totally agree that the investors have been cheated. it is like behl being born is a curse to india and especially our equity markets, buying etv for 2100 crores. company got no funds to pay and still buying at these steep valuation. they should value network18 at the same valuation at current equity base each investor will get 147.5 rs for each equity share of network18. behl is a curse to other individuals
I would not touch the rights issue with a barge pole. why throw good money after bad..plus what if mr Bahl has to delist..he will pay something like Rs 50 for waht we bought at 400. I know some people who entered at 800 levels in 2007
I think, at least Retail (& existing) investors should be given better deal in rights issue to offset dilution of shares as growth is now largely distributed to high volume of shares. As far as eenadu merger with TV18 is concerned, it has lot of business sense as in federal structure, local (state based) regional channels eats into customer attention & so its most ad revenue. Whole this deal would have break even by 2-3 years.