Do not hesitate to invest in Kinetic Motors since citibank totally offloaded their holding. They are jokers on the earth.
The same thing Fedility Investments and DSP Merilinch offloaded Sathyam Computers at Rs 32 on 8th Jan 2009 and now what happed to Sathyam.
Still people are buying at Rs 104 plus. For Kinetic Motors results are due, special dividend is on the cards and Face Value of Rs. 10 with M & M joint venture it is very sure shoot.
This is only one company share available with lowest PE in the Indian Stock markets i.e 0.68 and it has to reach atleast Rs 100 after the results. Buy Buy Buy
is anyone tracking Kinetic motors? can u pls tell if its a good buy now will there be a turnaround? bought by Mahindras ithink
after they took over - i had a look at the newly launched two wheelers seems like a repackaged Kinetic vehicle -
the product seems ok, can compete with Hereo Honda pleasure and Honda Activa,
with a radial meter etc
But there has been absolutely no effort in marketing / launch or to push the product -so what are their plans in turning around kinetic?
if i click on thier web site it opens up mahindra two wheelers does it mean if i purchase kenitic motors share i am purchasing mahindra two wheeler, i am a bit confused since kenitic sold two wheller business to mahindra so what is kenitic motor going to do in the future sell peanuts can any body explain .
i dont want any body to buy kenitic motor share thinking they are buying mahindra owned company to realise that the truth is different
company is sitting on cash now the question is what is thier future business coffe vending machine or daiper vending machine.
i want the management to come out fast and answer some questions or alteast one of the magazines to go there and speak to the management
so what r they sell ing now any clues
i wish someone can throw more light
any way the total no of shares holders are less than 15000 and 75% is held by management so it can just flare up for no reason
Kinetic has sold 80% of its stake to Mahindra Scooters. The kinetic group still has 20% stake in the entity of Mahindra scooters. Mahindra scooters is selling approximately 7000 sooters per month. If Mahindras are successful in this venture then the Kinetic group`s 20% stake will be very valuable. The valuations of Hero Honda or Bajaj is very high. But even if Mahindras get valuation of TVS, still the 20% stake of Kinetic will be worth much more that its current market cap. The company is going to add the money received from Mahindras in coming quarters to the financial statements and will have nill debt. I have even heard that the management is thinking of getting into new ventures.
| NIFTY 
