Dear Readers,
On behalf of the entire team of Katalyst Wealth, wish you a very Happy and Prosperous New Year.
Walt Disney Software Communications will launch an offer for delisting shares of UTV Software Communications from Indian bourses on 16th January 2012
The offer will open on 16th Jan’12 and will close on 20th Jan’12.
Important Note: We will book complete profit in case the stock reaches Rs 1050 in the regular trade by 16th Jan’12, while if it does not, then we would suggest you to bid your shares in the delisting offer at Rs 1100/- per share.
The currency has depreciated by approx. 18-20% since the announcement of de-listing plan and the indicative price of Rs 1000, so we expect the company to accept shares up to Rs 1100/- per share.
All the shareholders will get the bidding form by around 5-10th Jan’12. We will keep all the Alpha Plus Portfolio members updated, however please mail us in case of any queries.
Katalyst Wealth – [email protected]