Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Dear Sir/Madam,
What is future of SatyamComputers?

Asked by khalaksingh solanki, 13 Jan '09 07:45 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (11)

1.

It should trade at 60 in 3-4 weeks
Answered by conviction, 13 Jan '09 07:46 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

May go to 50
Answered by veeravenkata satyanarayana, 13 Jan '09 10:41 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

From investment point of view, it is not advisable to invest in Satyam Computer. Reasons :1. Much Lower (10 times) actual profits, 2. Understated liability of Rs 1230 crs, 3. Inflated cash and Bank balance of about Rs 4500 crs, 4. Several of its clients may not continue with Satyam, 5. There are apprehensions that actuals may come out to be worst then disclosed by Mr.Ramalinga Raju. Though it has about 185 clients from Fortune 500 and Government has appointed three members on the Board, but it may not suffice. For detailed report write to smartgains@rediffmail.com
Answered by Smart Gains, 13 Jan '09 09:03 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Satyam is a lost case,it will not revive at all.It is a sinking boat.
Answered by ashok mukherjee, 13 Jan '09 08:34 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

Instead of this stock pick other good stocks like hdfc,l&t .
Answered by HEEMANSHU KUMRA, 13 Jan '09 08:29 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

Do not worry
http://shaktibanna.blogspot.com/
Answered by Indu, 13 Jan '09 08:27 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

Down market
Answered by nikhilsoodan, 13 Jan '09 08:13 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
8.

The Satyam has to generate money to survive and if share holders mwant then Right Issue at par is the only solution !but before that Raju and his family members assets -even Benami should be confiscated and to ensure this they should either eliminated or send to america to stand trial as american law as Satyam is listed there too and many class suits are filed by investors!In no case Govt. should pump money into satyam !And remmber that Raju was a corrupt unethical man and even the present director selected by Gvot. Kiran Karnik was a director in his company RMRI !So with Kiran Karnik nothing good can come for finding frauds of Raju in satyam!Even he should be asked and interrogated as to what his role as Direvtor in Raju's firm EMRI was !
Answered by mahabodhi, 13 Jan '09 07:52 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
9.

Risky
Answered by Damodar Biswal, 13 Jan '09 07:48 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
10.

A company like Satyam can not collapse just like that. Maybe the name will not remain in future but the values and value will... Have faith and do not loose your investments.
Answered by Lucky, 13 Jan '09 07:47 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
Previous

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Venkat Changavalli..more

Answered by rocky robust