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Follower of Logan Sir.Spectator
Alpha, The flipper flips it & Snatches 25 lac plus shares from rattled investors in 2 days. Will it continue. Cannot say. Cheers !!!
6+Follower of Logan Sir.Spectator@optimusPrime06. I fully endorse your view.Humongous effort in imparting knowledge that too selflessly. Thank you is a very small word for Sir Logan as well as to Admin. Gratitude! Gratitude & More Gratitude. Request Admin as well as Logan Sir to partake their views on the recent developments in the Company. As usual Cheers !!! from my side to all the folks on this forum.
Follower of Logan Sir.SpectatorFollower of Logan Sir.SpectatorYear 2011 dividend declared was Rs 1. I.e 10 yrs ago. Hope this time it will declare Rs 2-3. That means slowly & Surely company will keep growing in the right direction,LOC & Acquisition will change the game forever. It will keep generating, Creating wealth in times to come. A must stock in one’s portfolio. Cheers !!!
Follower of Logan Sir.SpectatorFolks, One more Excellent development. Now company growth on war footing. Cannot even imagine the growth that will take place from now on.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/6a8c9c5c-65cd-4cd9-80ab-4e7493d16864.pdfFollower of Logan Sir.SpectatorOne of the key concerns of existing Investors, including Promoters is dilution. Dilution occurs when a company allots new primary Shares. In case of ESOPs, dilution can occur in two ways:
In the % shareholding of existing Investors, at the time of issue of new equity shares on exercise of Options; and
In the form of total value of Investors’ holding, in case new Shares are issued at a discount to the prevailing market price.
However, companies can protect its Investors from dilution on both counts by appropriately structuring their ESOP Plans. Some of the approaches companies can evaluate are:Protection against dilution in % holding:
Dilution in existing % holding can be protected in two ways:Implementing the cash settled stock options plan (“Phantom Plan”); or
Use of secondary Shares acquired from the secondary market or existing shareholders.
In the Phantom Plan, no shares are issued to employees. All vested Options are settled by paying cash. Since no new shares are issued, the existing shareholding % does not change and dilution is avoided.Another way to avoid dilution is to implement the ESOP scheme using secondary Shares. In this mechanism, a company can procure existing shares from the market (in case of listed companies) or from existing shareholders (say the non-Promoter shareholders) and use them to transfer to employees when they exercise Options. In this case also dilution is avoided as no fresh shares are created but the existing non-promoter shareholding gets reshuffled. This route can be implemented by setting up a Trust to facilitate buying and transfer of shares.
Protection against value dilution:
Dilution in value in the hands of the Investors can be avoided by adopting either of the following ways:Issuing ESOPs at Fair Market Value (“FMV”); and
Issuing ESOPs having Performance linked vesting conditions
When a company issues ESOPs at FMV, the Company is receiving same amount of cash as it would have received had the shares been issued to any investor or public. Consequently, no dilution occurs in the existing value.Similarly, if the Options are granted with a Performance condition, no Options would vest unless the given performance is achieved. If the Performance condition is in the nature of increased profitability or market capitalization, then the dilution impact is more than compensated by increase in the overall value of the Company. In other words, if the vesting conditions are such that ensure future value of 95% of shares is more than the existing 100% holding, the Investors would not mind diluting 5% to employees. Some examples of Performance conditions could be growth in Topline, EBITDA, Market Capitalisation or FMV.
To conclude, while implementing the ESOP scheme, companies can address the dilution constraint through appropriate mechanism. If the Promoters believe that growth of the company cannot be achieved without retaining its critical employees, the choice with them is whether they want to own 100% of a low growth company or 95% of a high growth company.
So we can safely conclude that the company indeed has a choice to implement ESOP without dilution. Hope Our Promoter chooses wisely. Cheers !!!
Follower of Logan Sir.SpectatorFollower of Logan Sir.Spectator@ Odysee,very well articulated. As far as value realization is concerned, The earlier it is, Good for all stake holders. As far as legacy issues are concerned, It will get settled in due course of time, Loc is not far off & Pw amount near to 300 crs is in the kitty will do the trick. I think we should get very interesting & Good news in the upcoming con call after Q4 results or along with the Q4 results. Lets keep fingers crossed till then. Cheers!!!
Follower of Logan Sir.SpectatorComing 17th-20 June 21 we should get an intimation wrt Qtly results ending 31 Mar 2021 & will get declared around 25Th-27Th June 2021. Not expecting much out of it, Like last time qtr 2020 end Pft was 5.18cr Standalone & Consolidated around near to 108 crs. A few crs plus here & There can push the stock to price lvls of 12-13. At the same time if we get good news wrt to release of pledged shares, Hefty dividend along with the much anticipated Acquisition, Then the price story will definitely change & can shoot up very fast that too non stop. Wish good luck to all. Cheers !!!!
Follower of Logan Sir.SpectatorFolks, I have received the dividend & Expecting one more, As our company promoter has promised during the last con call. Hope its a hefty one somewhere around 3Rs to 4Rs. Cheers !!!
Follower of Logan Sir.Spectator@ Raj,Since its not like TDH, It will not run like Tom, Dick & Harry. Jokes apart, Let me tell you lengthy sermons have already been given by ace analyst on the forum Mr Logan & Mr DH with regards to the fundamentals & Company’s business. I am no match in front of them & Since you have asked me, I am compelled to reply with whatever little half baked knowledge i have,My version-How I look at this scrip is its a turnaround story & It will at least take another 2 to 3 years to manifest as all turnaround stories boom along with time. This scrip is no different. Therefore your question why this price is not increasing is invalid & appears silly as far as i am concerned. My simple rule is enter in a scrip not for its price but for the value that it holds & certainly this scrip holds a lot of value from the perspective of financial parameters it holds which have already been discussed in length, So no need for me to repeat. Price rise will certainly happen if any material development takes place like release of pledged shares, Promoter buying from open market, Selling or acquiring of stake, Announcement of hefty dividend etc. Loc materializing & Perpetual set of good QOQ & YOY numbers. Also note its highly undervalued & Has a long way to go & It will 100% go up with time. In fact, Its a buy all the way up to to Rs 60 its present book value & A time will come that it will not be available even at 100. All the best.
Follower of Logan Sir.SpectatorFollower of Logan Sir.SpectatorIncome tax dispute of 95crs plus is chickenfeed for the promoter who is having company reserves of near to 3000crs. Alfa44 & vKhushwaha give your IT sermon to someone else not to us.
2+Follower of Logan Sir.SpectatorYes- Mc forum. Second one has also erupted asking to refer to annual report 19-20. Latest annual report will come out soon for yr 20-21. We will refer to it & then lets see who will lick whom. Alfa44 will have to lick kris. Period.
1+Follower of Logan Sir.SpectatorAnother Fake story teller has cropped up suddenly from no where. Name, vkhuswaha. I think now Javed akhtar should take rest & Make room for this so called vkushwaha. Mockery…………………. Cheers !!!
2+Follower of Logan Sir.SpectatorFollower of Logan Sir.SpectatorFollower of Logan Sir.SpectatorFollower of Logan Sir.SpectatorSomething is always good then nothing at all to start with. At least markets will now sense & Definitely give value according to the deal value of ( $15-20M ). Slow & Steady wins the race, Also the race will turn into a marathon with time. Upcoming Good qtly results will also give a zing & extra momentum. Logan sir, Thanks for the info. Cheers !!!
Follower of Logan Sir.SpectatorRaviji, I fully endorse your view.
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