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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » AAF Romour Muthoot finance going to takeover at 2.20 another 43% of shares which is holding by ASIA CAPITAL

AAF Romour Muthoot finance going to takeover at 2.20 another 43% of shares which is holding by ASIA CAPITAL

+6
dilshan unawatuna
Big Chill
shan
prabath
Harry82
Gainer
10 posters

Go down  Message [Page 1 of 1]

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

AAF Romour Muthoot finance going to takeover at 2.20 another 43% of shares which is holding by ASIA CAPITAL

Mandatory offer will come at 2.20
Lets watch and see some Interesting games this week cheers cheers cheers

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Muthoot Finance Ltd. is an Indian financial corporation. It is known as the largest gold financing company in the world. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins at Muthoot Finance Branches. The company's headquarters are located in Kerala, India, and operates over 4,400 branches throughout the country. Outside India, Muthoot Finance is established in the UK, US, and United Arab Emirates. While the company falls under the brand umbrella of the Muthoot Group, its stocks are listed on BSE and NSE. As of March 2012, revenue (after expenditure) stood at more than Rs. 23,000 crore ($4.2 bln).The target market of Muthoot Finance includes small businesses, vendors, farmers, traders, SME business owners, and salaried individuals.

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

then ACAP will pass rs 15.00?

prabath


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

First rumour I got was a deal at 2.3 it didint happen and rights came lets see what will happen this time.

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Then after take over Muthoot finance they will do very well

may be they will buy AAF.Rights also up to .60 cents

something will happen this week

Big Chill

Big Chill
Equity Analytic
Equity Analytic

I believe in AAF...N. my target is 2.50 Smile Smile

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Muthoot Finance there is some agreement with ACAP they will buy this week another 43% of shares at

2.20 and they will take the money from Rights.

dilshan unawatuna

dilshan unawatuna
Manager - Equity Analytics
Manager - Equity Analytics

according to the present situation ,This should go beyond 2.50 +    bom bom bom

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

AAF this week last 2 days any thing will happen it's possible tomorrow or friday

KPP


Senior Equity Analytic
Senior Equity Analytic

How sure is the source of this news? I am holding a big quantity of rights and if it doesn't go upto 0.40 minimum I will not sell the rights. I'm going to convert because this share will probably give a 100% return in the mid term

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

Two more days Smile

SLFINANCEWATCH

SLFINANCEWATCH
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Aaf.r will reach 40 cents...tomorrow will be the day..if not reach 40 cents, then I will use the righ and purchase 250,000 @ 1.60..target price of aaf eithin.few months is beyond 2.80..

KPP


Senior Equity Analytic
Senior Equity Analytic

There could be a deal between Asia Capital and Muthoot Finance or Muthoot Finance might acquire more rights through the market. That's what I hear.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

AAF huge collection going on right now it's possible to break target price cheers

Big Chill

Big Chill
Equity Analytic
Equity Analytic

bounce bounce

RPPA


Expert
Expert

Gainer wrote:AAF huge collection going on right now it's possible to break target price cheers

Not my favorite stock. But i also got in.

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

7.9 million buying at 1.80. what ever the deal is tomorrow is the final day Smile GL

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