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Wyeth Pakistan Ltd (WYTH)

Karachi
Currency in PKR
Disclaimer
2,049.00
0.00(0.00%)
Delayed Data

WYTH Comments

Date for buy back will be given soon and buy back will start before end of December. But hold your horses and don't sale right away. The one who waits will have a greater chance that price will be increased. Rest all up to you.
Any update Saad sb regarding today meeting??
Yes resolution was passed to de list the company. Most individuals who attended meeting were against the price of 2,000 for buy back. My suggestion isn't not to sale your shares at this price. It will be unsuccessful buy back and price will be increased. I am not selling my shares and I hold good quantity and many people I know who has got good quantity aren't selling them either. Remember Unilever they had to increase price from 9,000 to 15,000 for full buy back. so hold and wait. InshAllah you will get good price. Rest is uptown you
Thank you👍
Moreover, we would also like to highlight that the shareholders can voice their concerns at the EOGM in which shareholders’ approval for the delisting is sought and, more importantly, if the price mutually agreed by the Delisting Committee and the Sponsors is not considered fair by the shareholders, they have the option to not to tender their shares, which would result in the delisting being rejected.
Anyone planning to attend EOGM of Wyeth on 15th Dec ?
its online meeting, i haven't receive the invitation yet.
 if you're in Karachi than you can attend physically otherwise you can e mail Wyeth and they will send you the link. But importantly I want you to request to raise your concern on this buy back price that it is too low
yah sure i will attend online.
My suggestion still hold. Don't sale @ 2000. This is minimum buy back price set by exchange
 If company is unable to buy at least 99,145 shares from minority share holders than this will be unsuccessful de listing and buy back price can be increased further
dear whats goin on?no price offer today stock price is fixed at 2000? Any info
 Bro this is the minimum price set by Exchange so rate will not go below this. Now wait when official buy back starts. if company is able to buy 99,145 shares than buy back will be successful and if not than it will be failed buy back and price can be increased further. I've raised complaint with SECP that this isn't the fair buy back price so let's see what happens. Hope for the best INSHALLAH
Hold it my friend have you read news of their covid-19 pill treatment? https://www.cnbc.com/2021/11/05/pfizer-says-its-covid-pill-with-hiv-drug-cuts-the-risk-of-hospitalization-or-death-by-89percent.html
AOAFriends how are you all, any update of wyeth . are you holding or sold the wyeth.Tc
Hold it my friend. InshAllah good news Read updated news of Pfizer Covid-19 pill treatment
i read that news and it has noting to do with wyeth pakistan. lets c i am holding it.
 Okay it has nothing to do with Wyeth !!
kia chal ra hy Wyeth ma, lower lock today. psx call karo they said meeting expected within this month. do anyone have any news.
Be ready friends and pray Allah Tala next week wyeth announcement is coming.I call wyeth pakistan they submitted all necessary documents and meeting is held next week with psx.
I dont have any news but I am pretty sure that it will be ranging from 2100 to 2300
Usman sb any news regarding wyeth??
Net yet. I have called psx meeting expected within this month
Be ready funds and pray Allah Tala next week wyeth announcement is coming.
Bad result and no payout.
@ghulam Mohammad Dayo: any update....
Pfizer says Covid shot is safe, generates robust immune response in young kids
for age 5-11 years
3rd qtr result is on 28-sep-2021. lets c how much profit they earn.
Plz submit ur concerns to psx. Meeting will be held end of this month or start of next month
The government has decided to further lower the Covid vaccination age to 15 years in the country. According to sources, the government has decided to launch vaccination of the children of up to 15 to 18 years age as efforts to inoculate general public being expedited in the wake of the fourth virus wave in the country.The vaccination drive for the children between 15 to 18 years will begin from September 13 and they will be inoculated with the Pfizer vaccine, sources said.The National Command and Operation Centre (NCOC) has on Saturday announced that the youngsters between the ages of 15 and 18 will be administered the Pfizer vaccine.In its meeting on Saturday, the forum maintained that students will receive the doses free of cost.Read More:https://www.brecorder.com/news/40119685/govt-decides-to-vaccinate-young-people-aged-15-to-18#COVID19 #Pakistan #covidvaccine
 Bro i'm from Multan and i look after my family business especially stocks trading
yes u r right this will b in favour of Pfizer Pakistan because these vaccines stocks deal will be supplied by Pfizer Pakistan so inherently we will b beneficiary in terms of dividend
Stock mean psx or commodities...
AoAHow are u allToday I call psx karachi, no meeting held yet and it may take 2 week time.
https://secure.brownstoneresearch.com/?cid=MKT484091&eid=MKT573414&assetId=AST196045&page=1Please listen this video than you can guess what is going on if s&p500 is going to be rush than psx is just nothing support at any level
it's ok we will enjoy dividend too
They guve dividend in fy not 3rd qtr.
5.14. VOLUNTARY DE-LISTING:5.14.1. Any company intending to seek voluntary de-Iisting from the Exchange shall notify the Exchange, immediately upon Board’s decision to de-Iist the Security along with the reasons thereof. Such intimation shall also include minimum price at which the securities are proposed to be purchased. Provided that such minimum purchase price for voluntary delisting shall not be less than the highest of the benchmark price based on any of the following: (a) Current Market Price as of the date the Exchange receives the notification under 5.14.1.(b) Average Market Price (Annualized) (c) Intrinsic value per share (estimated net realizable value of assets of the company)(d) Earnings Multiplier approach (for profitable companies) (e) The maximum price at which the Sponsors had purchased these shares from the open market in the preceding one yea
so inshaAllah not lesser than Rs.6000
What is expected de-linsting price as per 5.14. VOLUNTARY DE-LISTING:5.14.1. rule.
AOA.How are you all, bro any update.....
walaikumsalam brother still waiting inshaAllah all will be in favour
 bro can you call and check from PSX if there is any update ?
YES Pls call ask them about updates. And which dept share this info....
AOA.How are you all, nro any update.....
In india.Stock price: PFIZER (NSE) ₹6,019.00 +60.10 (+1.01%)
Last day, 1st week of September 😀😀😀
Wyeth 1last announcement was on 16th Aug.I think according to rule secp has two month time to accept or reject.I think we get update in last week of September..
I talked to psx on UAN # on 24th Aug.21 they said we are working on it and in 1st week inshaAllah again rate shall be discussed to Wyeth
And ext you dial.
Pfizer vaccine metal particles impurities found https://www.fiercepharma.com/pharma/covid-19-tracker-pfizer-vaccine-data-babies-could-come-by-september-spain-s-reig-jofre-to
Pfizer at Pakistan put a letter to psx for delisting wyeth Pakistan they gave false reasons to psx for delistiing 1, they said no new pipeline products if we look in this statement so they have covid.19 vaccine, even approx five year back they acquired astra zenica's antibiotics n now a days they acquired gelead anti cancer drug and internationally drugs available drugs are not available Pakistan so don't you think these drugs are new pipeline products and they put a letter buyback rate per Rs.1284 pkr. for minority share while during these 3 months wyeth share high hits. Rs pkr 3000 , here me individual and many others individuals and groups shall go to court for justice against wyeth ,PSX & SECP to fix buyback price Unilever Pakistan delisting example approx 10 years ago Rs.15000pkr per share
 Minority share holders are almost 396000 which according to their application they have to buy back not 1421610
complete detail available n below link. https://www.wyethpakistan.com/sites/default/files/pattern_report/pattern_of_shareholding_as_at_november_30_2020.pdf
396000*6000= 2,376,000,000
Pfizer at Pakistan put a letter to psx for delisting wyeth Pakistan they gave false reasons to psx for delistiing 1, they said no new pipeline products if we look in this statement so they have covid.19 vaccine, even approx five year back they acquired astra zenica's antibiotics n now a days they acquired gelead anti cancer drug and internationally drugs available drugs are not available Pakistan so don't you think these drugs are new pipeline products and they put a letter buyback rate per Rs.1284 pkr. for minority share while during these 3 months wyeth share high hits. Rs pkr 3000 , here me individual and many others individuals and groups shall go to court for justice against wyeth ,PSX & SECP to fix buyback price Unilever Pakistan delisting example approx 10 years ago Rs.15000 per
 if wyeth has sold all it's products to pfizer than it doesn't mean that wyeth is broke. you know pfizer paid usd 50 per share for wyeth that was 400 % above it's shre price at that time. so if wyeth is sold than they should pay us fair price per share too
INSHALLAH we will get very good buy back priceI will give treat if price above 5000.
correct i have already explained in my below statement.
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