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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » GLAS will be winner with Super Gain.

GLAS will be winner with Super Gain.

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321GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 1:04 pm

invest thinker


Manager - Equity Analytics
Manager - Equity Analytics
Agreed cheers.

322GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 1:05 pm

ADVENTUS


Manager - Equity Analytics
Manager - Equity Analytics
@Eranga87 wrote:Mandatory offer above @11.60. let's see. GLAS, really worth over Rs.15. Recently CCI approved the Blackstone acquisition transaction. before the end of FY, deal confirmed. MO coming SOON. WAITING positive few announcements including dividends.

Hasn't it been sold for 11.60 lkr already?

323GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 1:10 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
GLAS will be winner with Super Gain. - Page 17 Scree239

324GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 1:45 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
GLAS will be winner with Super Gain. - Page 17 Scree240

325GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 7:55 pm

Chithi


Senior Equity Analytic
Senior Equity Analytic
@Eranga87 wrote:transferred t0 Blackstone. Mandatory offer coming soon.
Is there any posibility of delisting of glas?

326GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 8:40 pm

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Enterprise value per share over Rs.14, crossing done @Rs.11.60, let's think MO price.

jason12 likes this post

327GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 9:08 pm

jason12


Senior Equity Analytic
Senior Equity Analytic
@Eranga87 wrote:I am waiting for another announcement....


Anyway, GLAS next 4th qtr brilliant report also may push to Rs.18+ level. I strongly believe last qtr profit will be increased by 600% and annual profit may up by 250%. forecast annual net profit Rs.1.1Bn. it is the historical highest one. don't miss the last chance, people still ongoing collection. super March ahead. wait and see..
 
Totally agree.the fact of the matter is GLASS may push to Rs 18+.The best example is when blackstone make an investment they will ensure to get the maximum return out of their investment.Below example will give you an idea for the same.


Mumbai: Blackstone Group Inc. has shelved a planned sale of its majority stake in Indian IT outsourcing services provider Mphasis NSE 8.78 % Ltd. over valuations, according to a person familiar with the matter.The private equity firm rejected the two bidders in the final round as their offers didn’t meet its expectations.


Blackstone bought a 60.5% stake in Mumbai-listed Mphasis from Hewlett Packard Enterprise Co. in 2016 at Rs 430 per share. The private equity firm also made an open offer to acquire additional shares from other shareholders. As of end of 2020, Blackstone owned about 56% in the tech firm.

The asset manager started identifying buyers for its majority stake in Mphasis a few months ago. It had held talks with prospective investors including Carlyle Group Inc. and Singapore state investment fund GIC Pte. Shares in Mphasis reached an all-time high at Rs 1,788 each on Feb. 23.


contd..

source : https://economictimes.indiatimes.com/tech/information-tech/blackstone-said-to-call-off-mphasis-stake-sale-on-valuations/articleshow/81414420.cms

sandamal, Chithi and Eranga87 like this post

328GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Tue Mar 30, 2021 11:32 pm

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
correction,
EV over Rs.14.2Bn & EV per share Rs.15. Think MO price.

329GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 1:33 am

vijay singh


Senior Equity Analytic
Senior Equity Analytic
great party ahead. just on the game.
Remember, don't follow again research firm unfair valuation. they destroyed the market earlier giving unrealistic TPs what they want. Earlier, they gave unrealistic TPs for popular stocks. at last what happened actually, with the market downfall. most of the stock's price came down min. 50%. I personally know most people stuck their investment with huge losses. don't trust the research firm. they never point out correct stock before you enter. but, they are very cunning for giving lower valuation for the worth of stocks and same time deliver higher valuation for what they desired. this is mater brain game.


I remembered earlier(11.12.2020) the same firm lower valuation done for GLAS.  actually, earlier they play a master game, they giving opportunity for big fish, collect GLAS lowest level from innocent retailers. THERE are quality issues with the Sri Lankan research firm report.   
@eranga87, your EV calculation seems to be correct. look at LBO news,


GLAS will be winner with Super Gain. - Page 17 Screen17

samaritan, lal62 and judecroos like this post

330GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 6:51 am

judecroos


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@vijay singh wrote:great party ahead. just on the game.
Remember, don't follow again research firm unfair valuation. they destroyed the market earlier giving unrealistic TPs what they want. Earlier, they gave unrealistic TPs for popular stocks. at last what happened actually, with the market downfall. most of the stock's price came down min. 50%. I personally know most people stuck their investment with huge losses. don't trust the research firm. they never point out correct stock before you enter. but, they are very cunning for giving lower valuation for the worth of stocks and same time deliver higher valuation for what they desired. this is mater brain game.


I remembered earlier(11.12.2020) the same firm lower valuation done for GLAS.  actually, earlier they play a master game, they giving opportunity for big fish, collect GLAS lowest level from innocent retailers. THERE are quality issues with the Sri Lankan research firm report.   
@eranga87, your EV calculation seems to be correct. look at LBO news,


GLAS will be winner with Super Gain. - Page 17 Screen17
I wonder who is the head of CSE ? is he the one own Asia securities ?

Eranga87 likes this post

331GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 8:14 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
DailyFT says MO announced at Rs.11.60. Did you guys see any disclosure of an MO yet?

332GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 9:54 am

Chithi


Senior Equity Analytic
Senior Equity Analytic
MO is announced on CSE site.

333GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 9:57 am

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
so the mo is out. whats ur thought on it.. i personally think its below the expectations..11.6 is decent.. nothing much.. most of us expected way more? didnt we...at the current market rate.. there are better counters who could give double profits than glass ... just sharing.. whats ur thoughts ?

334GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:02 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Bakkabwoi wrote:so the mo is out. whats ur thought on it.. i personally think its below the expectations..11.6 is decent.. nothing much.. most of us expected way more? didnt we...at the current market rate.. there are better counters who could give double profits than glass ... just sharing.. whats ur thoughts ?
Disappointed. Expected a better offer.

335GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:06 am

Nandun


Senior Equity Analytic
Senior Equity Analytic
@Promoney wrote:DailyFT says MO announced at Rs.11.60. Did you guys see any disclosure of an MO yet?
check CSE it's correct information.
My problem is should we accept MO? my expectation on GLAS is over RS 15.
Any suggestions? Question Rolling Eyes

ADVENTUS likes this post

336GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:16 am

Mr. X

Mr. X
Manager - Equity Analytics
Manager - Equity Analytics
if no one or less transfer at 11.6, and if they really need to buy more shares.. they may increase the offer price.

ADVENTUS and Nandun like this post

337GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:22 am

Mr. X

Mr. X
Manager - Equity Analytics
Manager - Equity Analytics
@Nandun wrote:
@Promoney wrote:DailyFT says MO announced at Rs.11.60. Did you guys see any disclosure of an MO yet?
check CSE it's correct information.
My problem is should we accept MO? my expectation on GLAS is over RS 15.
Any suggestions? Question Rolling Eyes

If high volume collected from this offer.. liquidity of the share will come down and dividend will be high since the parent company will try to take the cash out unless no expansion plans..

anyone have idea about Blackstone operational methods.. will they just buy and sell the companies with profits or do developments to business with high investments??

Short term investors and long term investor should accept or reject the offer based on these facts... 

correct me if im wrong..

RJ1010 and Nandun like this post

338GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:28 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
GLAS will be winner with Super Gain. - Page 17 Img_2010

invest thinker likes this post

339GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:31 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Not going to subscribe to MO at 11.60

ADVENTUS and Nandun like this post

340GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:46 am

Nandun


Senior Equity Analytic
Senior Equity Analytic
@Mr. X wrote:
@Nandun wrote:
@Promoney wrote:DailyFT says MO announced at Rs.11.60. Did you guys see any disclosure of an MO yet?
check CSE it's correct information.
My problem is should we accept MO? my expectation on GLAS is over RS 15.
Any suggestions? Question Rolling Eyes

If high volume collected from this offer.. liquidity of the share will come down and dividend will be high since the parent company will try to take the cash out unless no expansion plans..

anyone have idea about Blackstone operational methods.. will they just buy and sell the companies with profits or do developments to business with high investments??

Short term investors and long term investor should accept or reject the offer based on these facts... 

correct me if im wrong..
Agree with you
Can they declare dividend in MO period?

341GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:49 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
not so easy @ 11.60, again will offer 2nd price. I remembered the same situation happened @ times of delisting of Piramal glas plc in India.

Promoney, ADVENTUS, Mr. X and invest thinker like this post

342GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 10:57 am

lal62

lal62
Senior Equity Analytic
Senior Equity Analytic
@Promoney wrote:Not going to subscribe to MO at 11.60
The outcome of glass deal is so far as i expected , Companies like black stone like the whole cake than sharing it, I expect a de-listing story sooner than later . This  is obvious specially when fare value is higher than acquisition price  and keep growing . I am not planning to accept the MO either,

343GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 11:01 am

sandamal


Equity Analytic
Equity Analytic
@lal62 wrote:
@Promoney wrote:Not going to subscribe to MO at 11.60
The outcome of glass deal is so far as i expected , Companies like black stone like the whole cake than sharing it, I expect a de-listing story sooner than later . This  is obvious specially when fare value is higher than acquisition price  and keep growing . I am not planning to accept the MO either,

what happens in a de-listing ??

344GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 11:05 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
now worth of share Rs.15+, they will timely adjust again prices accordance with Enterprise value. Let's see. great bargaing times Very Happy.

lal62 likes this post

345GLAS will be winner with Super Gain. - Page 17 Empty Re: GLAS will be winner with Super Gain. Wed Mar 31, 2021 11:10 am

Nandun


Senior Equity Analytic
Senior Equity Analytic
Still at 11.20 i think good oportunity cheers cheers

stockchaser likes this post

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