Vodafone idea latest update | Pankaj Ladha

Summary

The speaker addresses IPO investors, discussing Vodafone Idea's financial struggles and the impact of the government's AGR dues decision on the company's stock. They detail the company's journey from merger to the AGR crisis, the failed expectations of relief, and the subsequent stock performance. The speaker shares their investment strategy, emphasizing the importance of understanding market dynamics and the potential for future growth despite current challenges. They conclude with advice for short, medium, and long-term investors, suggesting a wait-and-see approach for potential positive news that could influence the stock's direction.

Takeaways

• 😀 The speaker addresses IPO investors, acknowledging a period of silence since the exit at 850 rupees per share on June 27, 2024.
• 📉 The speaker discusses the Vodafone-Idea (Vi) struggle, the merger, and the subsequent financial struggles post-merger, including the AGR dues issue.
• 📉 The speaker details the AGR case and the relief sought by Vi and Bharti Airtel, including the Supreme Court case and the expected relief amounts.
• 📈 The speaker highlights the positive market sentiment and investor interest in Vi's IPO, despite skepticism from some quarters.
• 📊 The speaker provides a detailed account of the IPO subscription, allotment, and listing day events, emphasizing the importance of understanding market dynamics.
• 📉 The speaker discusses the impact of the election results on the market and Vi's stock price, as well as the role of institutional investors and their expectations.
• 📈 The speaker shares personal investment strategies, including BTST (Buy Today Sell Tomorrow) and the decision-making process based on market trends and investor behavior.
• 📉 The speaker provides insights into the future expectations for Vi's stock, considering the cleared AGR dues and the potential for the company's recovery.
• 📊 The speaker discusses the broader telecom market, including the potential for growth and the challenges faced by Vi and its competitors.
• 💡 The speaker concludes with advice for different types of investors (short-term, medium-term, and long-term), suggesting strategies based on market conditions and company prospects.

Q & A

Why did the speaker stop talking about Vodafone Idea for two months?

The speaker stopped discussing Vodafone Idea for two months because they had exited their position on June 27, 2024, and since then, they have only worked on BTST, not investing any further in Vodafone Idea.

What does the speaker mean by 'BTST' and why did they stop working on it?

BTST stands for 'Buy Today, Sell Tomorrow,' a short-term trading strategy. The speaker stopped working on it because the continuation of BTST was no longer viable once the 'continue BTST' stopped coming, which likely means the stock was no longer favorable for such trades.

What was the speaker's rule for exiting a script if they don't get 'badla' for three days?

The speaker had a rule that if 'badla' (a type of stock market transaction in India) did not come for three days, it meant they should stop working on that script, as it was a signal to exit the position.

Why did the speaker start a detailed video shoot at 4 PM when the market was already closed?

The speaker was shooting the detailed video at 4 PM because they had spent the entire day in the studio working on it, indicating a high level of commitment and preparation for the content they were about to deliver.

What was the speaker's request to the majority of the audience who do not subscribe to the channel?

The speaker requested that if the audience had not subscribed to the channel, they should do so to avoid missing out on important videos that might be released in the future.

What was the situation of Vodafone Idea before and after the merger with Vodafone?

Before the merger, both Vodafone and Idea were struggling separately. After the merger, the combined entity continued to struggle, and there was a point in time when Kumar Mangalam Birla, the chairman, had threatened to take the company towards bankruptcy if the government did not provide support.

What was the significance of the AGR-related Supreme Court case for Vodafone Idea and Bharti Airtel?

The AGR (Adjusted Gross Revenue) related Supreme Court case was significant because it involved a large demand for payment from the telecom companies. Vodafone Idea was expecting relief of around 35,000 crores, and Bharti Airtel was expecting 17,500 crores. The case also involved the conversion of government dues into equity.

Why did the speaker advise against investing in Vodafone Idea during the IPO, and what was the outcome?

The speaker advised against investing in Vodafone Idea during the IPO because they believed it would not be profitable. The outcome was positive for those who followed the advice, as the price of the stock eventually dropped significantly.

What was the speaker's strategy for trading Vodafone Idea's stock during the period of June to August?

The speaker's strategy involved using BTST trades, focusing on the stock's price movements, and capitalizing on the increased 'badla' (sell today, buy back tomorrow) opportunities. They also monitored the stock's performance closely and exited the position when it reached their target price.

What was the impact of the election results on Vodafone Idea's stock price according to the speaker?

The speaker mentioned that there was an expectation in the market that the stock price would increase after the election results were announced. However, the actual impact was not detailed in the script.

Why did the speaker decide to stop trading Vodafone Idea's stock and what was the final outcome?

The speaker decided to stop trading Vodafone Idea's stock after a series of events, including the stock's price drop and the lack of positive news to support further investment. The final outcome was that the speaker and their followers who followed the advice to exit the position were able to avoid significant losses.