Friday, March 8, 2013

REASON FOR SPURT IN JET AIRWAYS


 Shares in Jet AirwaysBSE 9.93 %extended gains to more than 13 per cent on Friday, after a news channel reported that Abu Dhabi's Etihad Airways may buy a 10-12 per cent stake in the company directly from promoters. 

Etihad may pay as much as Rs 750 ($13.75) a share for the stake, the report said. 

Etihad has been in talks with Jet to buy a 24 per cent stake, government sources said. 

The channel said Etihad may buy the remaining stake by issuing preferential shares. 

I already posted today morning about possible oppen offer by Ehihad for Jet Airways

IF ETIHAD BUYS MORE THAN 24% IN JET THEN AN OPEN OFFER WILL TRIGGER.....
RETAIL SHAREHOLDERS WILL BE BENEFITED.I EXPECT STAKE SALE MAY BE AROUND 700/- PER SHARE AS PER LATEST FINANCIALS OF JET AIRWAYS

         SO I RECOMMEND BUYING JET AIRWAYS AT Rs.510 LEVELS FOR TARGET OF Rs.700

OPEN OFFER IN JET AIRWAYS????????


This is my personnel view on Jet Airways

IF ETIHAD BUYS MORE THAN 24% IN JET THEN
AN OPEN OFFER WILL TRIGGER.....
RETAIL SHAREHOLDERS WILL BE BENEFITED........
STAKE SALE MAY BE AROUND 700/- PER SHARE

SO I RECOMMEND BUYING JET AIRWAYS AT Rs.510 LEVELS FOR TARGET OF Rs.700

Quiz Damaka For My followers and Win Exciting Prices


This is a simple quiz program conducted once in a week.I will ask a question related to stock market on every Friday.
Terms and conditions
1)You can post the answer on blogger comments section only.
2)Last date for posting answer will be Sunday midnight 11.59 am.There after nothing will be entertained 
3)If there are more right answers winner will be decided through lot system.
4)One participant should post only one answer

Here is the question of the week.Go and shoot it and win fabulous prices
I Founded a real hidden gem in Indian IT space....The clues for the company are follows
1)This company remains best play among the mid-sized Indian IT sector
2)This company is fully debt free
3)Have cash surplus of Rs.1.8 billion(Rs.43 per share)
4)Its now trading in between Rs.100 and 110 levels...
I hope this clues are enough for getting right answer.So start posting right answers in comments section