tag:blogger.com,1999:blog-7832676223555801988.post7866666392459417513..comments2023-05-07T16:38:33.184+05:30Comments on Manufactured Luck: Polaris – A good value punt?Manufactured Luckhttp://www.blogger.com/profile/17054602349579736386noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7832676223555801988.post-63411219063438617882015-02-08T18:30:21.622+05:302015-02-08T18:30:21.622+05:30congrats on correctly identifying value herecongrats on correctly identifying value hereSHVhttp://sharemarket-beta.blogspot.in/noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-84707364000959921862014-03-19T14:25:11.425+05:302014-03-19T14:25:11.425+05:30Hi Abhinav/Niren,
Can you please post your views ...Hi Abhinav/Niren,<br /><br />Can you please post your views on the recent developments, the demerger announcement? Will it unlock the value? the stock price is already up quite significantly.<br /><br />Thanks,<br />Balaji.Balaji S Phttps://www.blogger.com/profile/12582869453050759486noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-5788516637123706212014-01-01T13:24:24.818+05:302014-01-01T13:24:24.818+05:30What is the latest thought on Polaris? I have been...What is the latest thought on Polaris? I have been in a similar boat with Polaris for the last 9 months - took a look in January when the stock fell and they looked at doing something with Services business. Given that the stock has moved some but no real clarity on what is happening with Services business, how are you looking at the situation now?<br /><br />RajeevAnonymoushttps://www.blogger.com/profile/02461611155675049810noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-9770486997212954912013-07-27T14:12:24.579+05:302013-07-27T14:12:24.579+05:30Forbes covering Mr. Arun Jain
http://forbesindia....Forbes covering Mr. Arun Jain<br /><br />http://forbesindia.com/article/big-bet/will-business-restructuring-fuel-polaris-financial-technologys-growth/35653/0Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-63056731549365153552013-07-06T12:32:15.132+05:302013-07-06T12:32:15.132+05:30Hi Anil,
Very clearly the said article highlights...Hi Anil, <br />Very clearly the said article highlights the big risk in this whole transaction but points to the face that the deal is indeed on - unlike what was published the earlier day in business line quoting Mr. Arun Jain denying any sale.<br />As you rightly pointed out the upside in case of sale by Citi may not be much for the minorities.<br />Another possibility for a serious bidder to buyout 19% odd of Citi outright valuing the whole business and launching an open offer for 26% or more from the market (which I am sure will be subscribed to given the pain in the stock for the minorities for ages). <br />Given all of the above is in the realm of speculation, we draw comfort only from the valuations, dividend payout and the general tailwind of rupee depreciation in the sector. <br />But must admit that our HOPE has gotten tempered !!!!!<br />Best of ML !Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-63943479556389111622013-07-05T16:29:41.664+05:302013-07-05T16:29:41.664+05:30Hi Abhinav/Niren
I am sure you guys must have rea...Hi Abhinav/Niren<br /><br />I am sure you guys must have read this news http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/citibanks-citi-venture-capital-international-seeks-to-exit-if-polaris-financial-technology-sells-its-services-division/articleshow/20920817.cms<br /><br />Any thoughts about this..... Till now I was thinking the sale of service division might be on insistence of Citi, but this news suggest otherwise and even if the deal happens, minority shareholders might not get much upside...Anil Kumar Tulsiramhttps://www.blogger.com/profile/08957135865779188117noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-80189455033509679462013-06-14T14:00:44.066+05:302013-06-14T14:00:44.066+05:30Hey Anonymous,
Very much looks like a slump sale ...Hey Anonymous, <br />Very much looks like a slump sale thing as of now .. While generally you are right that minorities dont tend to enjoy the full benefits of these deals but at the same time you do get decent exit opportunities through the entire deal .. In this case, the only HOPE is that with existing cash on books and the fact that Citi is the largest customer and 20% shareholder , the eventual payout might be a bit better .. <br /><br />Best of ML !!!Manufactured Luckhttps://www.blogger.com/profile/17054602349579736386noreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-16311359092114668592013-06-13T18:16:53.146+05:302013-06-13T18:16:53.146+05:30Is there any chance that it ends up like a slump ...Is there any chance that it ends up like a slump sale agreement? which normally does not help the shareholder.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7832676223555801988.post-88211549566552341402013-06-10T08:56:21.121+05:302013-06-10T08:56:21.121+05:30Nice analysis and catch. I would agree with you th...Nice analysis and catch. I would agree with you that it is a good punt to make in the current market.mkdnoreply@blogger.com