What is the best price to Buy Satyam

praveen taneja

Well-Known Member
#2
Any rate is much till the dust settle brother:)
Deepak parekh says satyam's total receivables are at 1700cr. which is more than its market cap as of today's close.:eek:
But who knows how much truth in that as payable not fully disclosed
My advice stay away and why satyam when u hav mant share at that rate
UNITECH,GVK POWER ETC they still hav there directors out of jail:D
 
#3
My recommendation to buy is based on my calculation as under:

Total employee 53000
Billable employee = 31800 (60% of 53K)
Billing rate avrage $22
Conversation rate Rs. 49
Billable hrs per employee/ month 176
Total monthly billing rs.603 crore

Opearational cost 500 crore

So the company is into profitable business. It was Raju who spoiled the business. New board is transperant and all eyes on them will show the result much faster than expected. They need to ensure customer remains with them even if no new client is added.

So BUY.
 
S

sophia_here

Guest
#5
I would touch Satyam only when its either Rs1, in hope to make millions or lose nothing.

Or

Buy Satyam @ Rs.80-100 when the company will have survived
 

kkseal

Well-Known Member
#6
What happens in The UPAID case is vital. Both parties made some favourable noises today.

In any case i'm hoping for at least a (slow, grinding) retest of the previous low (preferably Rs5 or lower, the closer it gets to the FV the better)
 

sudoku1

Well-Known Member
#7
Thinking about or planning for 2morrow'S SHUTYAM is great, but............. don't forget 2 live for today.....:D
 
#8
Seems to be too negative about Satyam. This company is not going to shutdown. Company has many fortune 500 customer and the IT business is such that customer can not swith any time they wish to. Now we have L&T and iGate in line to invest and buy Satyam.
 

kkseal

Well-Known Member
#9
Funny isn't it how Satyam of all stocks have turned out to be the safest heaven this wk :)

How about a buy-Satyam-get-Maytas free scheme (the latter will surely come down to single digits) Would that interest L&T? If so, do they have the cash for it? Might just manage if they pick up Satyam jointly with i-Gate.

It's becoming more & more of a speculators delight ;)
 
#10
At this point in time Satyam is no more speculation. It is more a calculated risk now. L&T increasing the stake to 15% and avrageing their cost to Rs.80/- Means expect the stock to rally to that level.
 

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