Posts in category All News
Markets soar to new heights, Yet 7 stocks lag 40% below their 52-week highs (27-06-2024)
Shashi Tharoor takes oath as Lok Sabha member (27-06-2024)
Trent shares decline 0.98% as Sensex climbs (27-06-2024)
MapMyIndia – The Map Company (27-06-2024)
The new company would be doing consulting business using the data of mapmyindia…
Consulting is a high profit business with no loss potential… I feel that is wrong as this profit should not go to the new unlisted company but rather to mapmyindia…
Opposing policies and obstructing Parliament two different things: President Droupadi Murmu (27-06-2024)
KFin Technologies allots 15,380 equity shares under ESOP (27-06-2024)
Adani Power shares down 0.77% as Sensex rises (27-06-2024)
Sealmatic India Limited (27-06-2024)
Disc: Invested
All fine to be an optimist. However it is not ok to deny your own prior statements.
Rather, since the company is making an honest effort to keep it’s shareholders (particularly the small retail investor), address why your numbers went awry. It is a place of learning, not of denial.
If we find our management to be leading us astray, this is a very bad sign.
I have great faith in this company and it’s ip, it’s concept of the annuity style return of it’s products, the fact that the promoters have deep expertise in it, that they are willing to have regular concalls, answer questions from investors, that they discuss future plans, and have invested in capex. It is not with a little hope that we have invested with them, but denying previous statements begins to make one nervous.
I think it is an appropriate concern that has been brought up in the forum and we, as vulnerable investors, must be alert too. The very best minds were fooled by Enron et al.
@Nimit @rinkupranjan are right to observe this lapse on our behalf.