#Buyback season continue 🥳🥳
NTPC buyback updates:
Record Date for buyback: 13th November
Buyback Price: Rs 115
Buyback size: Rs 2275 crores
Read in further thread about the buyback play 👇👇
@sonalbhutra @connectgurmeet
#investing
NTPC buyback updates:
Record Date for buyback: 13th November
Buyback Price: Rs 115
Buyback size: Rs 2275 crores
Read in further thread about the buyback play 👇👇
@sonalbhutra @connectgurmeet
#investing
Few highlights:
To participate in retail category, one can go for around 2,200 number of shares.
The theoretical acceptance ration in this case would turn out to be around 19%.
To participate in retail category, one can go for around 2,200 number of shares.
The theoretical acceptance ration in this case would turn out to be around 19%.
However 100% of application is not possible in buyback.
Assuming 3 different scenario for the expected application of buyback that is 50%, 70% and 90%, the tender ratio would turn out to be 37%, 26% and 21% respectively.
Assuming 3 different scenario for the expected application of buyback that is 50%, 70% and 90%, the tender ratio would turn out to be 37%, 26% and 21% respectively.
After sales price of buyback:
Assuming 3 different scenario of post buyback share price, we would make following return presented in the image from the NPTC Buyback case study.
Price expectation is presented in our article which is in next thread.
Assuming 3 different scenario of post buyback share price, we would make following return presented in the image from the NPTC Buyback case study.
Price expectation is presented in our article which is in next thread.
6 out of 9 scenario are in favour of buyback.
While 2 scenario will miss opportunity cost.
Assuming our normal case 70% expected application of buyback and the base case price of Rs 80, one would make 4% return in 2-3 months, making around 24% annually.
thetycoonmindset.com/special-situat…
While 2 scenario will miss opportunity cost.
Assuming our normal case 70% expected application of buyback and the base case price of Rs 80, one would make 4% return in 2-3 months, making around 24% annually.
thetycoonmindset.com/special-situat…
Disclosure:
We are not a SEBI registered investment advisor. Please consult your advisor before investing.
We remain invested on the basis of our buyback framework.
We are not a SEBI registered investment advisor. Please consult your advisor before investing.
We remain invested on the basis of our buyback framework.
Presented all our buyback plays over this forum in Value Pickr. Would be glad to discuss with everyone over this forum so that everyone learn from each other's experience
forum.valuepickr.com/t/tracking-spe…
forum.valuepickr.com/t/tracking-spe…
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