Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
Any of you here behind this?? 
Timely trade in PG&E Corp options reaps millions
Minutes before the shares jumped, an unnamed trader paid $200,000 for 10,000 call contracts betting on the shares rising above $12 by Feb. 8. PG&E Corp shares were at $7.34 at that time.
https://www.reuters.com/article/us-...pge-corp-options-reaps-millions-idUSKCN1PI34V
Timely trade in PG&E Corp options reaps millions
Minutes before the shares jumped, an unnamed trader paid $200,000 for 10,000 call contracts betting on the shares rising above $12 by Feb. 8. PG&E Corp shares were at $7.34 at that time.
https://www.reuters.com/article/us-...pge-corp-options-reaps-millions-idUSKCN1PI34V
Any of you here behind this??
Timely trade in PG&E Corp options reaps millions
Minutes before the shares jumped, an unnamed trader paid $200,000 for 10,000 call contracts betting on the shares rising above $12 by Feb. 8. PG&E Corp shares were at $7.34 at that time.
https://www.reuters.com/article/us-...pge-corp-options-reaps-millions-idUSKCN1PI34V
Timely trade in PG&E Corp options reaps millions
Minutes before the shares jumped, an unnamed trader paid $200,000 for 10,000 call contracts betting on the shares rising above $12 by Feb. 8. PG&E Corp shares were at $7.34 at that time.
https://www.reuters.com/article/us-...pge-corp-options-reaps-millions-idUSKCN1PI34V
Looks like US SEC (SEBI Equivalent) is not as competitive.
*Zee management concall takeaways*
**Management has reiterated that the report has nothing to do with ZEEL and it is not involved in the same. They will pursue defamation and criminal case against Wire on the article
*ZEEL Promoter stake sale* is under process in the given timelines and todays development won’t have any bearing on the stake sale. Strategic deal timelines won’t change. They continue to engage with both domestic and foreign partners. They remain confident that the deal would happen.
*Pledge shares:* Management is gathering information and don’t know of actual selling position currently in the market today. They believe some invocation could have taken place. They will try to share data over the weekend if any pledge shares have been sold. They are talking to all lenders who have been supportive since they know of stake sale in ZEEL and infra asset sale is in process.
**Management didn’t comment if any margin money was called during the day by the lenders.
**Don’t expect the current price to have any impact of the deal price. Strategic partner is buying the intrinsic value of the asset and would value the company on the long term value.
**One of the infra asset is sold and the cash can come any time. Solar asset has in-principle deal while road project would be sold in next 3-6 months. Expected equity value is Rs80-90Bn of all the 3 assets while the enterprise value would be Rs200bn. This will significantly take care of the pledge shares for the group.
#JustIn Major Crisis Seen Hitting MF Debt Industry
Total MF Debt Exposure To Zee Group Entities At Around Rs 7,000 Cr
MF Debt Exposure Mainly At Zee Promoter Level
MF Debt Exposure Not Secured By Formal Pledge of shares.
MF players seek meeting with Zee Group Chairman on Saturday.
Major ZEE Exposure In
Birla MF (Rs 2400 Cr),
HDFC MF (Rs 1000 Cr),
ICICI Pru (Rs 750 Cr)
Zee Group Stocks Collapsed 30% Today
**Management has reiterated that the report has nothing to do with ZEEL and it is not involved in the same. They will pursue defamation and criminal case against Wire on the article
*ZEEL Promoter stake sale* is under process in the given timelines and todays development won’t have any bearing on the stake sale. Strategic deal timelines won’t change. They continue to engage with both domestic and foreign partners. They remain confident that the deal would happen.
*Pledge shares:* Management is gathering information and don’t know of actual selling position currently in the market today. They believe some invocation could have taken place. They will try to share data over the weekend if any pledge shares have been sold. They are talking to all lenders who have been supportive since they know of stake sale in ZEEL and infra asset sale is in process.
**Management didn’t comment if any margin money was called during the day by the lenders.
**Don’t expect the current price to have any impact of the deal price. Strategic partner is buying the intrinsic value of the asset and would value the company on the long term value.
**One of the infra asset is sold and the cash can come any time. Solar asset has in-principle deal while road project would be sold in next 3-6 months. Expected equity value is Rs80-90Bn of all the 3 assets while the enterprise value would be Rs200bn. This will significantly take care of the pledge shares for the group.
#JustIn Major Crisis Seen Hitting MF Debt Industry
Total MF Debt Exposure To Zee Group Entities At Around Rs 7,000 Cr
MF Debt Exposure Mainly At Zee Promoter Level
MF Debt Exposure Not Secured By Formal Pledge of shares.
MF players seek meeting with Zee Group Chairman on Saturday.
Major ZEE Exposure In
Birla MF (Rs 2400 Cr),
HDFC MF (Rs 1000 Cr),
ICICI Pru (Rs 750 Cr)
Zee Group Stocks Collapsed 30% Today
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