1. HFCL Infotel Ltd. (Infotel) is one of Punjab's leading private sector providers of telecommunication services with more then 8 lakhs customers as on 31st march 2010. This customer base covers Fixed-line telephony, Fixed wireless phone, Mobile telephony and Broadband services.
1. All the services are provided under the brand name of "Connect". Now it is marketed under Videocon brand 1. Connect has positioned itself as a 'Total Telecommunication Solution Provider' and offers a complete portfolio of telecom services along with a host of value added services. 1. The brand 'Connect' has created a wide Public Call Office (PCO) network across the state of Punjab & Chandigarh. With 45,000 PCOs, Connect boasts of one of the largest PCO networks in India among all private fixed-line service operators in a single circle. 1. The average revenue per line (ARPL) for Connect is among the highest in the country. There is a clear focus on acquiring quality subscribers through well planned rollouts and revenue focus in marketing strategy. 1. All the debt has been converted into shares and 86743116 shares have been allotted to Industrial Development Bank of India(57398531 shares),Life Insurance Corporation of India(10772205 shares),Oriental Bank of Commerce(10806054 shares),ING Vysya Bank Ltd(4345838 shares) and State Bank of Patiala(3420488 shares) on conversion of debentures. 1. Videocon has aquired the management which is the big + as it is 1000 time better then HFCL management 1. Videocon has acquired the management control from CDR cell where it pays all the debt of the company amounting to 600 crores and get the 53 % stake and management control , thus valuing the share at Rs 20 each. 1. Although SEBI has given them an exemption from open offer, group of shareholder has filed a writ petition in High court against SEBI and the Videocon to make an open offer @20 per share 1. Since the floating stock is just 19% all the share in open offer if happen , will be accepted. ( shares held by lic , idbi, etc are under lockin period ) 1. If one see technically , the stock is poised for technical breakout @ 9 and can see a target of 15 in short term . Graph is attached -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
hfclinfotel-TECHNICAL CHART.xls
Description: MS-Excel spreadsheet
