tag:blogger.com,1999:blog-1784375842090766909.post350399125781544165..comments2023-09-24T03:25:13.523-07:00Comments on Unfair Value: Don't sell SulzerKamlesh Pandeyhttp://www.blogger.com/profile/01428406137191219341noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1784375842090766909.post-38164060521513858962010-10-18T04:13:36.076-07:002010-10-18T04:13:36.076-07:00If you don't sell before September 2011, you s...If you don't sell before September 2011, you still remain a shareholder of a private company. You will not have a ready market to sell your stock. You will be forced to hold until promoters decide to buy you out. The promoters have no obligation to buy your shares after September 2011 but you still have all the shareholder rights like dividends, option to subscribe to newly issued shares on proportionate basis.Kamlesh Pandeyhttps://www.blogger.com/profile/01428406137191219341noreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-49246797687431121662010-10-17T21:21:47.487-07:002010-10-17T21:21:47.487-07:00Hi Kamlesh
I am holding few shares of Sulzer Indi...Hi Kamlesh<br /><br />I am holding few shares of Sulzer India. What will happen if I continue to hold them beyond September 2011? Will Sulzer get listed in BSE, so that I can sell them?<br />Please giude me.Thank YouAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-63675706766620794312010-07-31T02:35:29.427-07:002010-07-31T02:35:29.427-07:00The issues is complicated and so far, I haven'...The issues is complicated and so far, I haven't reached the same conclusion as you did i.e. there will be a significant increase in royalty payments. <br /><br />The main problem is that an MNC which charges disproportionate royalty will be able to charge it as expense and the Tax dept would like to see rationalization of such a high charge.<br /><a href="http://www.business-standard.com/india/news/mncs-to-document-rationalise-royalty-payments/400957/" rel="nofollow">MNCs to document, rationalise royalty payments</a><br /><br />I read somewhere that the royalty payments are also subject to higher taxes in foreign countries and hence it may not be the best way to take profits abroad.<br /><br />But this definitely requires more analysis. Will keep you posted if I reach a conclusion.Kamlesh Pandeyhttps://www.blogger.com/profile/01428406137191219341noreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-89526240629053616212010-07-30T23:44:27.143-07:002010-07-30T23:44:27.143-07:00Hi Kamalesh,
Now that govt has allowed MNC subsidi...Hi Kamalesh,<br />Now that govt has allowed MNC subsidiaries in India to send UNLIMITED royalty to parent companies, I am sure everyone will start using it to push the indian ops to break-even point or to loss and then stop giving dividends. Note that they do not need shareholders or their money. Maruti has done it and HUL has increased royalty to Unilever. So, I think the best thing for us is to avoid these MNC companies. I love Colgate, Castrol, HUL, BASF etc. But because of this Royalty monster sitting in my head, i have sold almost all of them and will sell remaining stocks also in few weeks. can you analyse this.<br />Regards,<br />BhushanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-78808276790576034052010-07-16T04:09:16.847-07:002010-07-16T04:09:16.847-07:00Apart from rise in expenditure, the other critical...Apart from rise in expenditure, the other critical factor was the fall in other income which went down from 29.51 crs to 6.3 crs. So the profits of year 2005 may have been inflated due to other income. You can look for the reasons behind rise in cost and fall in other income in annual report for 2006(that is, if you can find it. I don't have the report)Kamlesh Pandeyhttps://www.blogger.com/profile/01428406137191219341noreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-14577927795969578502010-07-15T23:07:44.719-07:002010-07-15T23:07:44.719-07:00Would you be kind enough to let me know as to how ...Would you be kind enough to let me know as to how in the year 2006 the company managed to increase its sales but still ended up posting tremendously less profit? i mean the only item that did the most damage was expenses which stand at 71 crs. <br /><br />Can you shed some light on it pls.<br /><br />BTW welcome back from your slumber!<br /><br />Await your commentsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-35681186050919913472010-07-13T03:47:13.311-07:002010-07-13T03:47:13.311-07:00Dear Kamlesh,
Its nice to see you bac...Dear Kamlesh,<br /> Its nice to see you back.however i missed you these days.Excellent article on sulzer.BTW in that case what do you say on Honeywell Automation.<br />--Aatma MadhavAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1784375842090766909.post-6390581154014440122010-07-13T02:12:21.344-07:002010-07-13T02:12:21.344-07:00SULZER INDIA LTD Reverse Book Building - Live
Bid...<a href="http://www.bseindia.com/bookbuilding/newbookbuilding.asp?status=l&ir_flag=rev" rel="nofollow">SULZER INDIA LTD Reverse Book Building - Live</a><br /><br />Bidding opens 13th July and closes 16th July 3:00PMKamlesh Pandeyhttps://www.blogger.com/profile/01428406137191219341noreply@blogger.com