That is the final dividend amount. They had given 19 paise as interem dividend earlier. That takes it too 79 paise. It works out to near 3.5% PA near the bank savings rate.
SJVN is a good long term share. The board meeting would be on July 6. According to my estimate it would declare a Net Profit of 1000 crore and dividend of 10 to 12.5 %.
Those who want the moderate returns over a long period of time say 20 % per annum should hold this share.
Better invest in this share then investing in mutual fund. or even bank FD
One more thing, I think if you are holding shares more than your capacity, if the results are good and the dividend is on higher side, it may give you an exit option for one or two days.
Actually, the company is going to declare dividend and result on 30/6/2010. Anticipated dividend is Rs. 0.70. So the 3% percent movement is ok. After, the result the share is likely to go in hibernation again.
Slightly moving up or down, SJVN was steady for long. But for the last three days the movement is a little bizzare. What is happening? Is anything happening to scare away the small investors from this counter?
Cong. Govt. ab tak ki sabsay corrept govt. Hi, petrol phir mahga, adorson ko bhaganay wali, union karbite say muawja kam karnay wali, jab uska prime ministor phasa tho public ka paisa muawjay may bata, mahgai record tod , maha dogi, swish bank may paisa jama karnay wali, desh drohi atank wadio ko saja say bachanay wali, garibo ki dusman. Jago desh wasio.
In case it breaches first support of 23.05 or roughly slips below 23, it warrents liquidation for IPO investors.
In case it falls below 23, its fair value is not Rs.38. It is less than that. In such situation, investors need to find-out its fair value from various other sources.
IPO investors should keep on eye on 23, whether it takes support or slips.
Rating pay diyan na do ,yah india hi, yaha sub paisay pay bikthay hi, cbi nay railway bharthi bord kay chiarman ko pakada hi, exam kay papers choori karkay dalalo ko sell kar raha tha desh drohi kahi ka.
Sjvnl will come down upto rs.8.50 ,fair value rs. 4 only. Govt. Nay public ko phir ullo banaya NHPC ke tarah, public bolti hi dil hi ki ipo say maanta hi nahi.
NHPC kay directors Aderson say bhi katarnaak apradhi hi,20 ka share 36 may sell karkay lakho logo ko loot liya, govt. Ko nhpc ko nelaam karkay iskay directors ko turant arrest karna chahiy.
govt' co's md 's of nhpc and sjvn is planning to wipe out all profits from the company and than they will take downwards the rate of of these shares to with adjusted the lower eps
this process will take 5 to 6 years at such time the rate could come upto 5to6 for nhpc and 4 to 5 rs.for sjvn
this process will be done to accumulate shares at 4 to 5 rs they will make stable these rates for 8 to 9 years
so my advise is clearly is to sell both hydro power shares at currently if any one to buy it to buy at lower levels at rs 7 to 8 rs
India ke janta ko savdhan kiya jata hi, aaj kal market may NHPC,NMDC,NTPC,SJVNL, IB POWER,EMBI POLY,SHREE GANESH, IDR, Jaise faticher, sadadk shap co,s ipo/fpo laykar loot rahi hi, listing kay din hi inki phat jati hi, Govt.+lead manager+sebi+lic,sbi jaal may sikar kar rahay hi.
Michal ipo/fpo investors ke hamesa kuli phati rahti hi, mona darling say kah do agar ipo,fpo laynay kay baad jalan jiyada ho tho din may 3 baar sivajaal marham lagay,tum cycel say jaan ipo,fpo ka koi add. Dikhay tho uspar sivajaal marham ke muhar lagana. (add- ipo,fpo kay lakho investors kay liya kuskabri , dard ,jalan, gaw , raktsraw may turant araam dayta hi sivajaal powder and marham, nakaalo say sawdhan)