Are you still invested in scrip? How do you feel about the scrip with recent developments?
Suditi has acquired the iconic kids fashion wear Gini and Jony.
The cost of acquisition and type of deal has not been mentioned. Can anyone help in providing the same? Regards
Even if they made decent money of HDFC bank still timing is just too convinient. Also for preferential warrants one should be always sceptical in my belief. Nobody knows better than promoter as to what is the expected growth we depend heavily on guidance numbers from promoters to establish a stock value. So it’s never a risky bet especially if preferential warrant price is below current price. In this case it was ~9% below so promoter did take some buffer there so don’t believe there was lot of risk involved in taking those bets.
Also yes I agree it is wrong to have conclusions based on assumptions rather than facts. Although even if sales of shares was profitable still there is no denying the fact the promoter made more than company made in 2 quarters.
Completely agree that we can’t find perfect clean managements and if the criteria becomes this strict we would hardly find any companies to invest in.
Hello Prakash – My learning:
Pick a business that’s understandable and has liquidity/or will have liquidity over time and then only invest.
Pick a platform that’s trustworthy, professional, reliable and is a marketplace( buy and sell happens in a transparent way – selling is harder in unlisted space). Most so called platforms are only buy instruments.
Buy and sell price would be different, prices quoted by most platforms are buy price, selling price is always lower by 10% from the listed price in good platforms Vs 20-30% in so called good platforms.
I deal with Altius and found the entire team helpful, reliable and professional.
Maharashtra Congress chief Nana Patole and NCP (SP) leader Supriya Sule have refuted allegations made by the BJP regarding Bitcoin misappropriation to influence state elections. Patole called the charges “fake” and announced legal action against the BJP, while Sule denied any connection to the voice notes presented.
any names which are available at unlisted/listed space ?
I too want to sell , please guide
The valuations are coming near the industry valuations. My main motive for being interested in the company was the lower valuations compared the peers. Now I am seeing every other finfluencer covering the company on YouTube and linkedin posts for how it is the highest growing hospital. But since EV/EBITDA and PE is coming near the industry valuations, I doubt whether it makes sense to invest at these levels or not. The reason for worry is because of the “Issuer not cooperating” Rating by CRISIL, struggling free cashflows, and some issues going on within the management(as mentioned by someone above in the thread). Would like the views of others on these issues.
Disc. Holding a tracking position. No reco to buy/sell
The BJP accused Maharashtra opposition leaders Supriya Sule and Nana Patole of using Bitcoins illegally for election funding. BJP spokesperson Sambit Patra alleged a Rs 235 crore scam. Sule denied the allegations and filed complaints. Patra claimed a crypto currency trader, fearing for his life, exposed the matter.