Satyam is a good company and now it is in safe hands... so i am very confident about the long term prospects of this company... Bad news generally results in panic selling... those days are not the best to sell any stock....
Mahindra group can manage this company very well. There is scope for retracement of money siphoned off and invested in property. So the future of the company is bright once the dust of this scam settled down.
Well, CLSA may be chasing short term money but long term investors have nothing to fear and ultimately it will be company`s profitability which will be key determining factor. With Tech Mahindra leadership, Satyam is sure to benefit in the long run and in any case it is going to be merged with Tech M. Last time Aberdeen sold 6% of Satyam shares @ Rs 20 when the Raju confession brought havoc to the stock. I only wonder how L&T sold the stake in Satyam before the arrest...... Does any one know about it....
It is not CLSA`s exit call that is important. It is a fact that no fianancial data is available in the absence of which no investment decision should be taken that too considering its face value and market value
I last traded in satyam on the day Raju confessed his guilty. It was a miraculous escape for me as I sold my shares just minutes before the news came out. better to avoid tainted stocks. will consider to buy if all charges are cleared.
No question. When the stock and the company is backed by Government, the question to exit the stock does not arise. Besides a boom on the tech stocks are due hence the exit call is not right.
No way, Tech mahindra is a very strong hand and under this umbrella satyam will remain safe. Also Other bigger hands like Land T are also present. Hence I would ratrher be a buyer on each dip.