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Old 06-10-2009, 04:53 PM   Nav to Top  #1
Sree
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Default SAY (Satyam ADR)

Watch this stock.... this has lot of potential.....

Satyam Computer ADR shot up over 33% which is at a premium of ~29% to Tuesday’s closing price on BSE. The ADR rose the most in over two months to end at US$3.64 on the NYSE after the company reported better than expected consolidated net profit for the December quarter.

Satyam disclosed standalone unaudited financial results for the quarter ended December 31, 2008. The company’s Profit after tax for the October-December quarter stood at Rs1.81bn while the total income for the period was Rs22.06bn.

Operating profit (excluding other income) for the third quarter of FY09 is Rs3.64bn, while the operating profit margin is 15.87%. The PBIDT for the quarter stood at Rs2.76bn while the PBIDT margin was 12.51%.

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Old 06-10-2009, 05:16 PM   Nav to Top  #2
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Good info.

I got some SAY after it fell of the table when they announced their accounting problems back in late January and the rode a small bump back up over 2.00 shortly after that.

Will be interesting to see if this one can get back to where they were prior to their corporate accounting troubles.
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Old 06-10-2009, 09:56 PM   Nav to Top  #3
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I added SAY to my google portfolio about a month ago(not the one that counts) and have seen them rise 131.93%. I never bought them b/c of the accounting problems. I almost got in this week but after such a rise, after 'finding' them 131% cheaper I didn't have the guts to leap in now.

Still off its highs and has a new 30% partner that might demand better transparency. We will see, SAY I
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Old 06-10-2009, 10:19 PM   Nav to Top  #4
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1ADR=2 shares right?Now is at 73.50 in India around $3.10.
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Old 06-11-2009, 02:34 PM   Nav to Top  #5
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Originally Posted by bufarda View Post
1ADR=2 shares right?Now is at 73.50 in India around $3.10.
that is correct... as far as I know...
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Old 06-16-2009, 10:05 AM   Nav to Top  #6
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Fraud-hit Satyam Computers will cut real estate costs by terminating the lease contracts of four of its facilities in Hyderabad. It was confirmed by a Satyam employee saying, "We have sent notices to the property owners and we should be moving out of the four leased premises in Hyderabad this month." Apart from this the company will also be closing three of its Bangalore offices and two Chennai offices this month. The saving from these will add up to at least Rs.100 crore.
Satyam to terminate lease contracts
I think this will push the stock very. What do you guys think?
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Old 04-20-2010, 05:03 AM   Nav to Top  #7
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Indiainfoline is the best way to get track of financial terms.
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Old 03-13-2013, 03:45 AM   Nav to Top  #8
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Thank you for the information.it definitely help me.
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Old 10-08-2013, 08:28 AM   Nav to Top  #9
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Default Epic Research Singapore : Call Update

SELL JARDINE CYCLE BELOW 34.000 TG 33.800, 33.550, 33.200 SL 34.250
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Old 03-30-2018, 09:45 AM   Nav to Top  #10
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Good info
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