Friday, June 25, 2010

RCOM will zoom to 250 hold it hold it tight

RCOM is ruling at 190 it will sure hit 250 here is why.



1. They are hiveing off DIsh TV and IP Tv business into separate company value unlocking.

2. Reliance infratel is going to become separate company where rcom will be minority share holder and every rcom holder will get share due to demerger.

3. Once these 2 items will be done Rcom will announce 26% stack sell why after these 2 events because after that there will be 0 or very minimal debt in rcom book so it will help in fetching new strategic investor in to rcom.

4.Its share will not go below 225 after that because its book value is around 250.

5.Once stack sell is done WAIT there is one more item for share holder of rcom after 26% stack sale it will trigger an open offer to market and it will be above market premium so Gold is coming BABY from RCOM.

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