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Idea Cellular

Bronze Member

387 Messages

Market is not always correct, but Market soon does corrects its mistakes. if market is perfect everytime, then there is no possibility of buying undervalued stocks. 4600 million means 460 cr. vi needs to pay NCDs worth 6k crores and bank loans worth 25k crores. then invest in network as well. at what valuation do you think the person willing to save the company invest in ? i dont think there will be a rights issue as KMB and Vodafone Plcs have categorically stated that they dont want to invest any more money. I think vi leadership is struggling to get an investor. i think the new investor will buy vi shares at 2 or 3 rs a share, given the high uncertainty. when that happens, vi is going to be yes bank all over again.

2.17 PM Dec 4th
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