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Idea Cellular

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1627 Messages

vodafone idea has the strength to jump even 40 to 50% in one day provided we get a positive news. Positive Trigger 1. vi management has already confirmed they are in talks with global investors and they have got a very positive response. Also fund raise will be completed in 2 to 3 months. Positive Trigger 2 : vodafone idea plans to sell fibre assets. this way will get 15000 crores. Again this is in advanced level and have appointed bank of america and Morgan Stanley to initiate proceedings. Recently Morgan Stanley has bought vi shares from open market. This confirms fibre asset sale news will be out soon. Positive Trigger 3: Vodafone to pay 6000 crores as part of contingency liability mechanism to vi. Vodafone plc has made huge profits and sitting with excess tax. soon I expect this amount coming soon. Nick Read has Commented they will start new beginning. Positive Trigger 4 : With Giganet from september. There will be a huge addition of subscribers.Okla has confirmed vi network is the best.Wait for TRAI data in early December for confirmation. Positive Trigger 5 : Amazon to pick a stake. If you check any of vi office, they have a Amazon counter.Internal discussions already done. To take on pio only option is buy a stake in Vi. Positive Trigger 6 vodafone to get 7000 crores from tax department. I expect this will be settled post vodafone Arbitration case.

7.20 PM Nov 22nd
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