What's happened to Jyothy Labs!!! | A Capital Markets anecdotal episodal recovery swan song

Thursday, March 17, 2011

The firm just got a great pick in Henkel which has a handsome positive brand value in Henkel and more at a throwaway 35 per share. So why is the stock tanking 10% from 240 where it opened. The company is unlikely to face any challenges in QIP placements for the $13 million purchase worth a paltry INR600 million in cost but probably worth $100 millions conservatively in brand and net worth accretions 

The stake is below the 15% mark requiring no open offers for the next 20% or change in management control, whence in a strange tradition like ITC and RELIANCE before, the acquirer is trading down wildly penalised by the market for buying more business. 

Posted via email from The investment blog on Post

Labels:

0 comments:

Post a Comment

Advertise