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28 Feb 2009

Make Money with Larsen and Toubro biggest Gamble in Satyam

1. Satyam has brought the disgrace to us as a nation and now options have been made open for the sale of a valuable company which has been ruined by personal interests and illogical ambitions of an individual. SEBI has cleared the decks for the sale of the company.

2. Company is likely to call for the expression of interest and they atre likely to dilute 51 per cent equity, which should include 31 per cent preferential equity and 20 per cent open offer, to a strategic investor. However these are only speculations as per the high networth individuals.

3. It is a surprising news that IBM is also in the race to acquire the company and god knows what is in store for the company as L&T has already increased its stake to 12%. Thus can we say that L&T chairman AM Naik knows something aout the company which others in general public are not aware. Well it is a big gamble for L&T as its own subsidiary arm for infotech has not been able to carve a niche for itself.

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