Your view on Vaivab Global

Please suggest your view on Vaivab Global. It is falling day by day. Should be a value buy now?

 

In this challenging situation, it is unfortunate to see dat dis site highlighting or rather recommending to buy this stock as it is Prof. SANJAY BAKSHI's pick.....sometime, ace invetor's picks can also be wrong....

 

Yes mam..completely agreed wid ur view

 

I think the buiseness is drowning so is the stock , it may be due to stiff comptetion from e tailers

 

Vaibhav Global Ltd: Quarterly Results !!!!
Q2FY17 - Total Revenue at Rs. 345 crore, Gross Margin stood at 59%, EBITDA at Rs. 17.4 crore, PAT at Rs. 7.3 crore.

Q2FY17 Retail Volumes stable at 2 Million Units
1) Home TV shopping volumes at 1.57 million units.
2) Web shopping volumes at 0.42 million units
3) Volumes driven by TV sales.
4) Deeper customer engagement drives repeat purchases

Operating Highlights:
Expanded presence to 87 million (FTE) households in the U.S. (out of 125 million)
Focus on strengthening in-house brands, improve programming via engaging storytelling and on-air guest experts to improve customer experience
EMI through Budget Pay and Return Policy drawing encouraging response from customers, aiding higher realisations
Proficient technology leadership team and aggressive digital marketing aiding superior customer interface
Advanced Mobile-commerce app with Live TV module to be launched in the US and UK in H2 FY17
Budget Pay on TV to be launched in the UK and on the Web for US shortly.

 

It is my view also that such stocks are dangerous. Better go for established companies like JB Chem, CAPF, L&T Finance etc. Large capital can be put in such stocks without worry. In stock like Vaibhav Golbal it is experiment and small amount can only be invested as trial and error.