Let's Talk Adani - Swell Conversation on the Adani Pick
A school dropout, Adani rose to become Asia's richest man whose taller 220,000,000,000 empires pan sports power generations, airports, mining, eddie wards, et cetera. Until last week, Adani was the world's third richest man but has dropped down the ranks to the number 15 on the Forbes rich list after the route in Adani Group stocks found in 2017 by Nathan Aderson hindenburg Research is a forensic financial research firm which analyzes equity, credit and derivatives
Hi, Mac. This is the nicer and you gave us really, like, great information. You described it very well. Like the billionaire Gotham Adani, facing allegations of pulling off the largest fraud in the corporate history, on Thursday issued a video message to investors explaining the decision behind his flagship firm. Adani interpreted withdrawing a fully subscribed follow on public offer. So my question is, what does Hindenburg say about financial controls? I want the answer of this question. Actually
Hi Prachi. First of all, thank you so much for replying on Malzwell. And yes, your question that Hindu books say about financial control that was the short seller has said that listed Adani company has seen a number of changes in chief financial officers and the auditors used by the group are relatively unknown. It said that Adani Enterprises have had five chief financial officers over the course of eight years sitting as a key red flag indicating potential accounting issues. So this was my reply for your question
Swell Team
@Swell · 0:15
I am very thrilled about this whole situation. And I also want to know that how will this go for Adani and Indian market? This that I am so much helped. It is more thrilling for me than the football match between Argentina and France
Himanshu. First of all, thank you so much for replying on my swell. And yes, we all awaiting the stock market carrierspoons. The report says that Kilos and Adani companies have substantial depth and are over leveraged. It also says report alongside the disclosure elaine improper use of text heavens and flagging concern about debt levels. So this was something. And we all are waiting. Banking, stock cook, this and that. So let's see
shruti gautam
@shruti_gautam · 0:46
Hi Mac. First of all, thank you for raising this topic. This topic should become in discussion. So according to me, yesterday decision of its withdrawal would have surprised many. But considering the volatility of the market seen yesterday, our board strongly felt that it would not have been morally correct to proceed with FPO site. Adani Voice firm has issued a strong rebuttal and allocation levels by Hindu Bug Research us based investment researched by a firm kindly shared your views. Thank you for sharing this topic
Harsh singh thenua
@hst123k · 0:39
Hi Mac. Swell. Appreciate you as this topic should become only discussion. My view for this Adani group has demanded allegations on pulling off the largest fraud in corporate history level against the Hindrance research as US based investment research. The material has also politically as several options MPs demanding our discussion on the issue in the outcomes budget session of Parliament. Thank you so much. Kindly share your views with us
Priya kashyap
@Priya_swell_ · 0:15
We have really posted an informative. Swell. So thank you so much for posting this and providing a lot of information about this particular topic, which is really running at present in our country. And, yes, it must be discussed over. It is very important
shilpee bhalla
@Shilpi-Bhalla · 0:30
Hello. Good morning mahak, I listen to you after a long time and really good to listen to you. But I don't have any knowledge and know any interest in finance and business so I don't know anything really. I know about this news but don't know what is the depth and so I can't give my views on that. But your knowledge is good and you give a good swell this time. Keep it up
Hi. Shruti. First of all, thank you so much for applying on my swell. And as you said, it is just correct that market seen yesterday only boat strongly felt that it would have been morally correct to proceed with FBO this and that these are allegations Dani Group has firmly denied allegations of pulling off largest fraud in corporate history leveled against it by Hindenburg Research, a US based investment research firm. So this is something I want to share and thank you so much for listening and sharing your views
Hirge. First of all, thank you so much for replying on me as well. And yes, it is really very correct that as you said, you met a political Hooga, several opposition party MP's and demand discussion is this and that budget session of the Parliament politics and stock market cocoa. So thank you so much for sharing your views. Have a nice day. Take care
Hi. First of all, thank you so much for applying on my swell and no issues at all, to be very honest. Then I researched about means companies have subsidized near depth and have over leveraged. It also says that Group faces liquidity risk due to high short term liabilities. Five of several plans. So this was something. So thank you so much for replying. Have a nice day. Take care. Bye
Hi Priya Christophal, thank you so much for replying on my swell. And yes, this topic is currently the most means topic pay sake discussion stock market. It is something on a large scale and Adani group. So yes and research it released a report alongside the disclosure link improper use of text seven flagging concern about debt levels. So thank you so much for sharing your views. Have a nice day. Take care. Bye bye. And Joviak information
Nidhi Jain
@nidhijain · 0:41
Hi, Meheb. First of all, thank you so much for sharing this very informative and wonderful swell. This swell held a lot to know about Adani matter and stock market. According to Ford best realtime billionaire index, adani has now been overtaken by China Zhong Changzhan as the second richest Asian. They are now the 15th and 16th richest in the world. As per the index, Mukesh Ambani has the highest net worth in Asia and 10th highest globally. So thanks so much. Have a nice day
Hi Mahak. According to me, the Adani Group Raw is now referred to as Storm in article by the union finance secretary TV Storm nothing said that fluctuations like this come and go. Meanwhile, stock market regulators sebis said that unusual price movement in the stocks of a business conglomerate has been observed during the past week and that it is committed to ensuring market integrity
This topic should be discussed. And this is very important for Adani groups and stock market. And this is not a small issue, this is a very big issue. So thank you so much for sharing your views. Have a nice day, take care and bye bye. And we will share something more about this. Thank you
So thank you so much for sharing your views and they were just very much means relevant to the topic and yes, we should discuss this about more. Thank you so much. Have a nice day
So it's a very big or huge amount and it's a very huge drop out in our corporate sector. So I hope it's not a very good news for corporate sector, but yeah, it's a life. There are always ups and downs and as you try to relate it with the modi that he is also from the same state. So yeah, if it's also from the same state, then what can be the what effect? I'm angry with your points and yeah
Regularly publicly disclosed. Hugh I just say disclose. So let's wait for Caddy season letter augusta Puta and Dani Group and Stock Market Command. So thank you so much for sharing your view and have a very nice day. Take care. Bye
kartik gautam
@kartik1323 · 0:39
The plan is to start reducing the LSA exposure immediately and bring it down to zero in the next 30 to 45 days. So, thank you so much. Have a nice day
Hi Kartik. First of all thank you so much for relying on my swell and yes as you said is just correct. And Joseph zero next 30 to 45 days may means when two months ago. Soldier and also investors in Adani Group companies including rating agencies are worried that the pressure of on government's reasons could intensify but also if bank asked the Adani company to start part ripping some of the near term debt to deliver it
@krishna_speaks · 1:08
So, yeah, they will become just optimistic to use the situation and take the situation under their hands and just get their advantages. So in this in the world of shareholder holders and these kind of things, they don't care about anything. They just want to raise their money, their shares and their benefit. They seek about their benefit only. So I just wanted to comment on this
Hi. First of all, thank you so much for replying on my swell and yes, exactly they will be too much obsessed situation card they use properly. So yes, you are exactly correct. And also the short seller has listed dani company has seen a number of changes in chief financial officers and auditors used by the group are relatively unknown. So let's see ka Tree in Ratha and Kia find out. Dani Group co car benefit loss and stock market
manisha
@manisha2003 · 0:37
Hi, Meg. First of all, thank you so much for sharing this information and wonderful well, this swell held a lot to know about Adani matter and stock market. According to me, investors in Adani Group companies, including rating agencies, are worried that the pressure on governance reasons could intensify, but also if banks asked Adani companies to start part repaying
So whether financial or level, project monetization is done with total. In fact, this dust has a medium term silver lining at the aggressive pace with which Adani companies were growing might slow down. So let's see what happened. And market what happened to stock market? And did the companies fall down or something like that? So thank you so much for sharing your news. Have a nice day
Sarthak Bhardwaj
@sakshii23 · 0:41
Hi Mahak, thank you for raising this topic. According to me, investors in Adani Group companies, including weighting agencies, are worried that the pressures of governance prisons could in tenacity. But also if banks ask the Adani companies to part tripping some of the news debt to delevage one market Spanish kid last week, after banks like City stopped accepting Adani centuries as king, fears of a dynamic effects. Thank you
naira bansal
@nairabansal2004 · 0:45
Hi Mahak, thank you for raising this topic. According to me, Adani companies have substantial debt and are over leveraged. It also says the group faces liquidity risk due to high short term liabilities with five of the seven key. Adani responded by saying leverage ratio of its company continue to be healthy and are in line with the industry's bank marks of the respective sectors. Further recording that this information is publicity disclosed regularly. Thank you so much. Have a nice day
Hi Sakshii first of all thank you so much for replying on my swell and like as you said that was just correct and means banking, stock market, case, rating agencies let's hope for the best and thank you so much for replying having nice day take care bye
Hi Naira. First of all, thank you so much for replying on my swell. And you said that was just correct. And this topic is just for discussion only. Point of viewed calculations shared job finance Professor Nidhi stock 945 five per share without factoring any of the hindenburg accusations of fraud and malfunction for this valuation exercise. Toma Darren assumed that the company's revenue will grow at a fast pace. So this is something joe finance Professor Virginia share value and group co and the stock market could affect
And I don't see that the questionable claims are the ones to do with the earnings manipulation, since if Adani is manipulating earnings, it is not doing a very good job reporting low margins and returns
Hi guys. First of all, thank you so much for applying on my swell. And as you feature news get us to missing and as you said manipulation zura earnings per year ago to occur. Its manipulation is manipulating earnings. It is not a very good job to smart low margins returns. So much for sharing your views. Have a nice day
So stock market will revive. But the question is will our parliament function? The parliament that frames law has gone into limbo for many reasons. This time it has been Adani using a foreign entity hidden bank. That is my view. We actually do not have a functioning parliament at the time the session happens. Somehow something comes and the opposition just creates ruckus in the parliament. It's time we look beyond stock market and understand why parliament is not functioning. Why such reports come just before parliament sessions