Teledata

nitinku5021a · #81 20th October 2007, 11:54 PM

Quote:

Originally Posted by birjubanarasi

This means that single Teledata Informatics(with 6 divisions currently) will turn into 3 diff. units, each will trade on exchange.

This will have two major impacts:
1) Stock exchange view: Market cap will increase of teledata, as the 100 shares will change into 200(50+50+100) shares.
2) Company View: Different units will then be able to better perform with proper focus.

Hence demerger will help in unlocking the real value of teledata...means price will zoom.

I didnt understand how the mkt cap will increase? i guess u r pointing to the no. of shares

ravi_s_ghosh · #82 21st October 2007, 02:27 AM

In 2004, when teledata was initially listed, it quoted the same price it is quoting today, around 50. But then price declined to sub 10 level. Could someone who has been following the scrip put some light on this fall.

Also, what is the record date for demerger so that we can buy it before that given it will also fall with the markets in the next few sessions.

milindkuyilan · #83 21st October 2007, 02:37 AM

it will close much higher this week.....wait and watch we talk next saturday.....

JungleLion · #84 21st October 2007, 03:46 AM

TELEDATAIN should drop further here to 56.25 level before recovering a bit.

A retrace would take us to 62.50 / 65.63 later.

A very good buy around 56.25 levels

rkkarnani · #85 21st October 2007, 10:54 AM

Quote:

Originally Posted by prabhjeetrana

Guys i hate o inform you that Teledata may be going down further next week, was just going through Teledata's weekly charts and there was a dark cloud formartion seen in the charts which is bearish, so i predict a fall this week, rest is up to you guys

Can u give some BIG Support level......????!! Wish to invest for Long Term.

rkkarnani · #86 21st October 2007, 10:58 AM

Quote:

Originally Posted by hemantkedia

This is very dated news , may be something is now happening actually.

Source: IRIS NEWS DIGEST (09 December 2006)

Teledata Informatics is looking to split into 3 entities for better management of its businesses, reports Business Line.

The company provides IT solutions in five verticals - marine, education, utilities, technology and communication and networking.

According to Managing Director, K. Padmanabhan, the company`s marine and technology solutions businesses will be hived off into separate units - Teledata Marine Solutions and Teledata Technology Solutions - while the flagship company, Teledata Informatics would retain the other businesses.

As on Sep. 2006, marine and technology solutions contributed 30.51% and 45.33% respectively to the company`s Rs 6.34 billion revenues.

Managing such proportions of business would need individual focus and a new company structure, said Mr Padmanabhan, explaining the rationale behind the planned demerger.

Post-demerger, the equity share capital of the marine, technology and informatics entities would be Rs 294.9 million, Rs 291.6 million and Rs 393.3 million respectively.

For every 100 shares of Teledata Informatics, shareholders will receive 50 shares each of Teledata Marine Solutions and Teledata Technology Solutions, besides 100 shares of Teledata Informatics.

Check the attachemnts!!! From NSE India site...

prabhjeetrana · #87 21st October 2007, 11:38 AM

Quote:

Originally Posted by rkkarnani

Can u give some BIG Support level......????!! Wish to invest for Long Term.

Well Rk it has a very strong support between 51-53 levels and you can buy it for long term at this level, but dont forget to keep a stop loss at 45, i mean any dat if it closes below 45 then all the positions should be liquidated whether short/medium/long term

ravi_s_ghosh · #88 21st October 2007, 04:18 PM

WHen is the record date.

also, whee is "sirius" listed.

birjubanarasi · #89 22nd October 2007, 10:18 AM

Quote:

Originally Posted by nitinku5021a

I didnt understand how the mkt cap will increase? i guess u r pointing to the no. of shares

Sorry Nitin for wrong words, yes, no. of shares will increase.
Today it is in green

lalpar · #90 22nd October 2007, 10:21 AM

teledata on fite today..up nearly 10%...the closing above 64 will be very good....