Wednesday, January 07, 2009

WINNING STROKES: THINK DIFFERENT.
I have been SAYING since the last few days, not to enter Satyam Computers Ltd even under pressure from who's who in the Industry. However what I feel is that Satyam Computer has tremendous value at Rs.32--Rs.33 and should be looked at with more wisdom. This is certainly not India's Enron Ltd. This is certainly not a Ponzi schme.
A great"Hullah" is being made by the media in collusion with the vested interest groups on Satyam Computers Ltd saying that the stock would go to Zero--which is just a Bullshit.. Yes there is some problem and it will be sorted out.
Also one do not know the quantum of the "Doctoring of balance sheet" and hence it would not be approprate to give a figure for the stock price. IT MAY GO UP OR GO DOWN......
We know how a bank stock a couple of years back at Rs.9 gave tremendous returns in the next few days.
More there is also a rumour of a Reliance Group or Mahindra Group thinking of buying the company......what about that...........???!!
MOREOVER ONE SHOULD NOT PAINT ALL THE COMPANIES WITH THE SAME BRUSH. HENCE IT WOULD BE FOOLISH TO SAY THAT THE FIIs sentiment would be affected tremendously by this single "alleaged Fraud" in 9000 odd companies. It will be affected but not in the proportion which is made out to be...........
ONE THING WHICH ONE SHOULD UNDERSTAND IS THAT WHATEVER HAS HAPPENED HAS HAPPENED in Satyam Computers Ltd and the stock has reacted from its all time high. What I believe is that the NEXT FEW YEARS COULD SEE GOOD CORPORATE GOVERNANCE FROM Satyam Computers Ltd......MORE COMING................

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