SOME BASIC QUESTIONS WHICH SMALL RETAIL INVESTORS OF VODAFONE IDEA LIMITED HAVE IN THEIR MINDS.BASED ON THEIR VIEWS EXPRESSED THROUGH MONEYCONTROL FORUM.

 

QUESTIONS WHERE SMALL RETAIL INVESTORS HAVE NO CLARITY FROM MANAGEMENT.

1.WHY MANAGEMENT IS STILL NOT CLEAR AS TO WHEN 10% OF PENDING AGR DUES ARE PAYABLE TO D.O.T WHETHER BY MARCH 2021 0R MARCH 2022.WHY THIS MATTER WAS NOT CLARIFIED DURING THE PROCEEDINGS OF THE AGR CASE LAST YEAR BEFORE IT GOT CLOSED BY SCI BENCH UNDER HON'BLE JUSTICE MISHRA.

2.C.E.O. MR.RAVINDER TAKKAR IN OCT 2020 ANNOUNCED THAT FUNDING AGGRANGEMENT SHALL BE FINALISED WITHIN 2 TO 3 MONTHS THEN WHY TILL NOW NO CONCRETE PLAN HAS BEEN ANNOUNCED.

3.SHARE PRICE IS HIGHLY MANIPULATED ON DAILY BASIS AS IT RISES 30 TO 40 PAISE AND THEN BY END OF THE DAY GETS PULLED DOWN.OPERATORS ARE TOTALLY MANIPULATING SHARE PRICE WITH LOSS TO SMALL INVESTORS WHO ARE JUST BEING MADE FOOL ON DAILY BASIS.

4.AGR CALCULATION PROBLEM MATTER WAS FILED WITH HON'BLE SCI IN THE START OF LAST MONTH BUT TILL NOW WHAT IS THE STATUS? NO INFORMATION.

5.KEEPING IN VIEW DECENT RESULTS BY JIO AND AIRTEL WILL VIL STILL SHOW HUGE LOSS IN Q3 RESULTS TO GAIN SYMPATHY OF SCI.

6.BUSINESS IS RUN FOR INCREASE IN SHARE HOLDERS' WEALTH AND NOT FOR CHARITY OR PERSONAL GAINS OF PROMOTERS.IF A BUSINESS IS NOT PROFITABLE IN INDIA THEN WHY DO NOT SUCH BUSINESS IS SOLD OUT TO OTHER MORE COMPETENT BUYER OR CLOSED DOWN.

7.SENSEX HAS CROSSED 50000 MARK AND EVEN THIRD CLASS COMPANIES SHARES ARE GALLOPING BUT THIS VIL SHARE IS NOT MOVING IN LINE WITH OVER ALL STOCK MARKET GROWTH AND SHARE PRICE IS PULLED DOWN AND IS NOT ALLOWED TO GO BEYOND LAST RIGHT ISSUE PRICE OF EVEN 12.50 RS.

8.LASTLY COVID19 HELPED TELECOM COMPANIES TO EARN A LOT AND GOD GAVE EXCEPTIONAL OPPORTUNITY TO TURN LOSS MAKING TELECOMS INTO PROFITABLE.IF NOT NOW THEN NEVER AND BE HONEST IN BUSINESS TRANSACTIONS.I WILL DO TOTAL ANALYSIS OF YOUR FINAL BALANACE SHEET FOR 2020-21 WHEN AUDITED AND FINALISED AND PUBLISH MY IN DEPTH ANALAYSIS JUST TO HELP SMALL INVESTORS IN FINDING OUT REAL PROBLEM WITH THE COMPANY BEING MANAGED BY MY OWN PROFESSIONAL COLLEAGUE CA K.M.BIRLA.

By CA RAKESH KUMAR SINGHAL

                                            B.COM (H) FCA.ACS.