EDEN RIGHTS

THASSIM · 1 EDEN RIGHTS Wed Dec 16, 2020 11:44 am

THASSIM

Manager - Equity Analytics

Posts : 101
Equity Stars : 2039
Reputation : 4
Join date : 2019-09-10

Hey All,

isn't Eden Rights even at Rs 0/50 a pure bargain purchase. The company is raising fresh equity and I think this will definitely strengthen there balance to capitalize on the post covid era?

Also the market price is at 12/00 and this should increase in the future.

Please share your views.

Love Boy · 2 Re: EDEN RIGHTS Wed Dec 16, 2020 11:55 am

Love Boy

Senior Manager - Equity Analytics

Posts : 455
Equity Stars : 2088
Reputation : 3
Join date : 2020-08-13

EDEN Share holders got 40% return through transaction. So, Fair Value for EDEN is 17/18. Wait and See.

THASSIM · 3 Re: EDEN RIGHTS Wed Dec 16, 2020 11:58 am

THASSIM

Manager - Equity Analytics

Posts : 101
Equity Stars : 2039
Reputation : 4
Join date : 2019-09-10

Yes but why do people want to sell their rights? I don't understand the thought process. I have no idea of EDEN as it's not a company I cover but it's right issue is very promising and a pure bargain for new entrants!