Small Retail Investors are devoting lot of time in putting comments in moneycontrol forum and also giving day to day targets and they are just wasting their precious time in all these write ups.
My Observations and Suggestions to all of them are as under:-
1.Management is in process of finalizing revised fund raising plan as per the news on Jan 28 2021 that it will opt for QIP (Including participation by Promoters also) in first tranche. The decision with this regard may get finalized in coming meeting of the Board of Directors which may be held on Feb 13 2021 along with publication of Q3 results.
2 The Share price is being controlled so that QIP is done at reasonably acceptable price to QIP stake holders which may be around Rs.12.50 per share only.(Equal to last right issue price).
3.Within this week Hon'ble Supreme Court of India may or may not admit plea of Telcos for recalculation of AGR amount which they feel is wrongly calculated by DOT.
4.After issue of Equity Capital as QIP and coupled with better financial performance by VIL the share price may start moving upwards and may take around next 2 to 3 quarters depending upon financial performance of the Company.
5.Promoters (Vodafone plc and Birlas 72 %) may opt for stake sale in second tranche once financial performance gets set better and share price fetches good amount may be by that time share price may see a level of Rs.40 to 50 (but may take 9 months to one year).
6.Another alternative may be that at later stage big chunk of Capital stake gets acquired by Verizon of USA as Vodafone Idea has already done rebranding as VI to accommodate Verizon and Vodafone and Idea under one brand.
7.Many High Net worth people have already invested in VIL and the now day to day volumes are stabilized -may call it calm before storm.
8.So all retail investors who can remain invested for at least a period of another one year are suggested to wait for turnaround event and to stop wasting their valuable time in putting unnecessary comments in moneycontrol forum as the same will be of no use.
Disclaimer:-Above are my observations and suggestions only and under no way should be construed for giving any suggestion or inducement for investment in this share.Share investment is every individual's own decision.
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