Satyam - Buy or sell?

#1
Buy

The assets of an IT company is its employees and proceses. Satyam over the last two decad have build this two assets in ample. The customers have never complained about the quality and timeliness of deliveries. Under the circumstances customer would not like to ditch if they get confidence that they are in safe hands. The move by Indian Govt is the right step in that direction and my sense says the client will not switch loyality beacuse of the silly act of one man.
 
#2
I agree with him. There are major player invested in this company and for their personal interest they have to bail out the company by putting pressure on Govt and other agencies.

I would recommend to buy at current levels

Thanks
KB
 

sudoku1

Well-Known Member
#3
THE NXT STORY OF SATYAM

a passerby went 2 temple &saw people puting coin in box & praying
:wow !
How amazing People r talking 2 god through coin box phone widout receiver .......


in the same way ,the present satyam is without a reciever but still commanding a coin.........:D:D
 
#5
3 new director appointed on Satyam board and one of them from LIC that has 6% stake will make the difference. Stock went up today almost 40 percent before stabalizing at 20%.

Receivable of 1700 crore will bail out operations if realized fast.
 

sudoku1

Well-Known Member
#6
I think since the satyam shares touched rock bottom it is better to wait for some more time,a few weeks.Watch the proceedings closely and then buy their stocks.I think their stock will earn us lot in future.
NO ROCKS LEFT ...friend....only the bottoms were dug deeper & deeper.......purely on TA.....no signs 2 buy for whole of JAN 2009:)
 
#8
It would be better if along with views on Satyam - one discloses personal holdings or their average cost so one can judge if arguments are based on legacy effect. Otherwise there is no argument for buying Satyam - except for speculation (raison d etre of us traders).
regards
m
 
#9
Hi ..I too agree with you....We can straight away go for a 'BUY' for satyam stock.More over they are in the way to decide the CEO and CFO of satyam.

So definitely it is going to increase!!!!!!!!..I personally hold satyam Shares @ 140 as well as @ 22
 
#10
This is special for Govt of India. ELECTION YEAR!!!

Govt would like to take the goodwill of 53K employees their families, vendors, investors and their families. It is huge vote bank and Govt can encash this into votes as the elections are around the corner.

I reccommended the stock when it was Rs. 23/- and now it is 35.35. Today is D'day if the board annouce CEO & CFO the stock will shoot up.

I am holding only 100 shares.
 

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