MESSAGES

Thank you jugnu. plan to buy in small quantity over few days. i think it was in woods due to lack of fund. viability of the company was on question, which seem to have been addressed now. so everyone was waiting for the last date of the company. i think that will not be the case. Jio and Bharti are talking about increasing pricing. that will also benefit VI. even if VI grows at half the rate of other two players, the price will move to 4-5 times of the current price.

Do not buy more today, wait till the FPO shares hit the market, there definitely will be selling pressure and the stock price will come down, that would be the time to buy. And further nothing much has changed, it is still under the woods and long way to go with stiff competition yet ahead in an everchanging market scenario.

regret not applying for FPO. but bought some in the open market yesterday. and plan to buy some more. this could be one of the genuine turnaround and growth story of our time. VI will have many backers now, if they would like to get some other partners on board. it is said that VI will have advantage with 5G since they have learnt the best practices from Jio and Airtel. let us not forget that operationally VI already has lot of firepower. their subsriber base is half of Jio and more than half of Airtel. even if they retain it, the stock can be trading at 5 times of the current price.