how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
1. Market Outlook
India Research
June 4, 2010
Dealer’s Diary Domestic Indices Chg (%) (Pts) (Close)
The benchmark indices opened on a firm note as positive US housing data and BSE Sensex 1.7% 280.5 17,022
robust services sector data in India for May 2010 boosted investor sentiment. Nifty 1.8% 90.6 5,111
The Sensex moved past the psychological 17,000 level in morning trade. Later,
MID CAP 1.1% 74.5 6,875
the market extended gains in mid-morning trade. The market breadth was
SMALL CAP 1.2% 98.1 8,628
strong and all sectoral indices were in the positive zone. However, the market
BSE HC 0.2% 9.4 5,511
pared gains after hitting a fresh intraday high in afternoon trade. In late trade,
the market moved in a narrow range. The Sensex and Nifty closed up by 1.7% BSE PSU 1.2% 113.2 9,179
and 1.8%, respectively. Mid-cap and small-cap indices underperformed the BANKEX 2.0% 208.6 10,687
Sensex and closed up by 1.1% and 1.2%, respectively. Among the front-liners, AUTO 1.5% 117.0 7,845
Reliance Communication, Hindustan Unilever, Tata Motors, HDFC Bank and METAL 1.3% 196.2 14,826
Sterlite were up by 3-6%. In the mid-cap segment, Havells India, Atlas Copco, OIL & GAS 1.7% 170.9 10,163
Redington India, Hindustan Construction and Trent were up by 6-12%, while BSE IT 1.7% 87.0 5,248
Gee Kay Finance, Core projects, Shriram City, Shree Renuka Sugars and Jain
Irrigation were down by 2-5%. Global Indices Chg (%) (Pts) (Close)
Dow Jones 0.1% 5.7 10,225
Markets Today
NASDAQ 1.0% 22.0 2,303
The trend deciding level for the day is 16960 / 5085 levels. If NIFTY trades FTSE 1.2% 60.0 5,211
above this level during the first half-an-hour of trade then we may witness a
Nikkei 3.2% 311.0 9,914
further rally up to 17135 – 17247 / 5151 – 5191 levels. However, if NIFTY
Hang Seng 1.6% 314.9 19,787
trades below 16960 / 5085 levels for the first half-an-hour of trade then it may
correct up to 16848 – 16674 / 5045 – 4980 levels. Straits Times 2.4% 65.9 2,793
Shanghai Com -0.7% (18.8) 2,553
Indices S2 S1 R1 R2
Indian ADRs Chg (%) (Pts) (Close)
SENSEX 16,674 16,848 17,135 17,247
Infosys 0.5% 0.3 $58.8
NIFTY 4,980 5,045 5,151 5,191 Wipro 2.1% 0.4 $21.6
News Analysis Satyam 3.5% 0.2 $5.3
ICICI Bank 0.9% 0.3 $37.1
Godrej Consumer acquires Argencos in Latin America HDFC Bank 0.3% 0.5 $142.0
HUL to consider buyback of shares
United Phosphorus: Acquisition of DuPont’s Mancozeb business Advances / Declines BSE NSE
Refer detailed news analysis on the following page. Advances 1,903 991
Declines 956 328
Net Inflows (June 2, 2010)
Unchanged 99 37
Rs cr Purch Sales Net MTD YTD
FII 2,223 2,351 (128) (600) 19,935
Volumes (Rs cr)
MFs 566 580 (13) (13) (7,143)
BSE 3,755
FII Derivatives (June 3, 2010)
NSE 12,061
Open
Rs cr Purch Sales Net
Interest
Index Futures 2,688 906 (1,782) 12,961
Stock Futures 1,195 721 474 26,216
Gainers / Losers
Gainers Losers
Price Price
Company Chg (%) Company Chg (%)
(Rs) (Rs)
Havells India 638 12.3 Engineers India 327 (3.2)
Union Bank 316 8.5 Shree Renuka 62 (2.1)
Hind. Const. 118 7.6 Jain Irrigation 1,037 (2.1)
Tech Mahindra 715 6.8 Hindustan Oil 193 (1.7)
RCom. 164 6.4 KSK Energy 178 (1.4)
Please refer to important disclosures at the end of this report Sebi Registration No: INB 0109965391
2. Market Outlook | India Research
Godrej Consumer acquires Argencos in Latin America
Godrej Consumer (GCPL) has acquired another Argentinean hair care company,
Argencos, making it the company's second buyout in Latin America in less than two weeks.
Argencos is present in various hair care business segments, including colour treatment,
shampoos and conditioners via brands like Roby, 919 and L’eau Vive. A couple of weeks
ago, GCPL had acquired 100% stake in Issue Group in Argentina. While details of the deal
have not been disclosed, according to media reports, the combined revenue of the two
Argentine companies will be over US $45mn (issue had revenue of US $33mn). Hence, we
estimate the deal size to be small in the 1.5–2x sales range of US $12mn equating to
Rs80cr-120cr.
We believe the acquisition is in line with GCPL’s core strategy of 3x3 (three markets of
Asia, Africa and Latin America, present in three categories of personal wash, hair care and
home care) and is likely to be EPS accretive from the first year itself. Moreover, the
acquisition, along with the Issue Group acquisition, will provide GCPL the ideal platform
for establishing its hold in the Latin American markets. However, we are slightly cautious
over GCPL’s pace of acquisitions and its ability to manage synergies from the same.
Nonetheless, we believe these acquisitions have leapfrogged GCPL to becoming a truly
global FMCG player. We maintain Accumulate on the stock with a Target Price of Rs357
(Not modeled the current acquisition into our numbers due to lack of details).
HUL to consider buyback of shares
HUL has announced that its board would consider a buyback of shares at a meeting on
June 11. HUL has ~Rs3,200cr cash and a net worth of ~Rs2,670cr on its balance sheet.
Considering ~25% of the company’s net worth being utilised for the buyback, ~Rs670cr
may be spent. At an average price of around Rs260 (5% premium to CMP of Rs247, the
stock has already rallied ~4% on the anticipation of this announcement). The company
could buy back around 26mn of the outstanding 2,179.9mn shares or roughly 1.2% of the
equity. During 2QCY2007, HUL had undertaken buyback of shares at a price not
exceeding Rs230 per share up to an aggregate amount of Rs630cr. However, we believe
the buyback would be EPS neutral owing to reduction in other income (on account of
usage of cash). Hence, while we are enthused with the buyback announcement, we believe
the move will be purely a sentimental booster. Hence, we maintain our Neutral view on the
stock, with a fair value of Rs226 (based on 20x FY2012E EPS), owing to weak earnings
growth vis-à-vis the FMCG sector, uncertain earnings environment and significantly higher
competitive intensity.
United Phosphorus: Acquisition of DuPont’s Mancozeb business
United Phosphorus (UPL) has announced the acquisition of DuPont’s Mancozeb fungicide
business and related assets. With this acquisition, UPL will get the rights to Manzate, the
registered brand of Mancozeb’s products. Mancozeb is a fungicide and can be applied on
a wide range of crops. The acquisition will strengthen UPL’s portfolio in the fungicide
segment and market hold in geographies like North America and South America.
Management has not disclosed the size of the deal nor the sales figure for the brand.
However, we estimate it to have annualised revenue in the Rs225cr-315cr (US $50mn-
70mn) range. We estimate the acquisition to cost nearly Rs540cr. Given the acquisition is
for the brand, we believe Manzate’s OPM will be in line with that of UPL. Considering the
company’s under leverage balance sheet (0.2x), funding for the acquisition should not be
an issue. Based on this, we have revised our FY2011 and FY2012 EPS estimates upwards
by 3% and 1%, respectively. We maintain our Buy rating on the stock with a revised Target
Price of Rs228.
June 4, 2010 2
3. Market Outlook | India Research
Economic and Political News
Government to invest US $1.7trillion in infrastructure next decade
Government gives ONGC, OIL freedom to price natural gas
South Korea to help India cut power T&D losses
Corporate News
Indian Bank to raise Rs1,000cr Tier-2 capital in FY2011
Titan eyes Rs500cr from overseas business in 5 years
Dewan Housing raises Rs375cr through QIB issue
Aurobindo bags US FDA nod for respiratory drug
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint
June 4, 2010 3
4. Market Outlook | India Research
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