Friday, October 23, 2009

Sistema Offmarket price taking a beating

A month back, SSTL prices which were hovering near 19-21 range at the time of the news of the russian govt transaction and delhi launch seem to have taken a dive along with the other telecom stocks in the listed world.  Currently the transactions are taking place in the 15-17 rupee range.

It may be a good time for LT buyers to accumulate stock at these low levels as the deal announcement is likely by Dec as per SSTL CEO.

Disclaimer

A BLOG FOR ALL THE SHAREHOLDERS OF SSTL (FORMERLY SHYAMTELELINK LTD) TO COME TOGETHER AND DISCUSS ISSUES OF COMMON INTEREST. YOU CAN REACH US AT AMSOST@GMAIL.COM