Date : Feb 27, 2009
No shares bought on bse:0
No shares bought on nse:104
Total:0
Average price: Rs.3,050
Cumulative No Shares bought back: 2,07,009
No shares to be purchased(before Dec 14) - 16 lakhs
Max purchase price - Rs.4,500 per share
Date : Mar 06, 2009
No shares bought on bse:1157
No shares bought on nse:35,030
Total:36,187
Average price: Rs.3,050.01
Cumulative No Shares bought back: 3,40,556
No shares to be purchased(before Dec 14) - 16 lakhs
Max purchase price - Rs.4,500 per share
Date : Mar 13, 2009
No shares bought on bse:0
No shares bought on nse:0
Total:36,187
Average price: -
Cumulative No Shares bought back: 3,40,556
No shares to be purchased(before Dec 14) - 16 lakhs
Max purchase price - Rs.4,500 per share
Date : Mar 20, 2009
No shares bought on bse:0
No shares bought on nse:8,461
Total:8,461
Average price: Rs.2,974.17
Cumulative No Shares bought back: 3,49,017
No shares to be purchased(before Dec 14) - 16 lakhs
Max purchase price - Rs.4,500 per share
In my opinion, this is the best time to buy Bosch. Entire engine management of Nano is from Bosch. If Nano is going to be a big success as it is expected to be, Bosch will reap a windfall both from Nano and will be a OEM for similar cars manufactured the world over.
Cheers
Not a single share was purchased by company circle today.
game plan is on and they will bring this stock to now 2800 level so that many innocent shareholders will offload and Citi Grp will pick them for MICO management.
The Company had already bought-back about
392000 shares. The minimum buy-back target is 355000, so they have achieved the minimum target. Now they would try to get the shares at much reduced price.
After all the company is paying the price. So the company will be benefitted
if they can buy-back at reduced price.
HHm,
I do not agree with you as MICO has a very clear intentions for delisting of stock.
Pl let me know what is % holding of MICO after buy back of 392000 shares. At this moment I am not very clear in my mind about total holding of MICO including recent buy back qty.
19675451
And from this MICO has repurchased 392216 shares as on date It means only weak investors are only offloading this share
Friend this stock is best buy at current valuation and it is worth buying at current level in all respect
Remain cool and remain invested
MICO has to come out again with a buy back offer at a decent price of more than Rs 5000 by all means
Today they had bought-back 15777 shares from BSE at Rs.2950 or so. Total shares
bought back 407993. Promoter`s holding
today 70.63%. Under the current buy-back
programme maximum shares they can buy-back
is 2144490, in which case their shareholding would be 74.73%. No question
of delisting as of now. Dont be over-enthusiastic in this counter. The share
shot past Rs.5000 because of the open
offer and speculative positions taken by some punters. In the meanwhile other
counters will see steep rallies. This counter will act as dead horse. In fact
many investors had sold MICO and invested their money in sesa, sterlite, tata steel,
etc.
| NIFTY 
