I have been a regular reader of highly informative posts on Cupid. I would like to thank all members esp Rajeevji for contributing & keeping everyone updated. I am an investor in Cupid & Cupid is a sizable portion of my portfolio (offcourse not as big as Rajeevji
) ... in recent past I had visited the company to meet Mr Garg and I would like to share my impression with you all. He lived a comfortable life in US and is a self made human being having tried his hands in many businesses. Also all must be aware that he has some vision & hearing troubles. To leave all comforts in US & after being independently wealthy and coming to sit in some MIDC in India requires high level of motivation. I felt he is the perfect guy whom u should trust ur money with. He is highly conservative in business & will not resort to debts & will only invest in businesses like sanitary napkins etc only when he sees a profit. He also likes to travel a lot and is very philosophical about life.
Regarding the fundamentals of the company you all know much more than me.. They r very sound, debt free, good margins etc. INR fall & Rubber fall should result in increase in margins- thats my understanding. Also they are addressing a huge global problem & they r the lowest cost producers. So whenever there is additional demand company is very well placed to capitalise on it. All current fundamentals r well known to the market but as George Soros says "Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"... many new unexpected positive developments can happen in Cupid. Also thr annual report states that they expect large orders to come. Any new order of a good size will only to lead to re-enforcing a very strong stock trend. Again company is addressing such a large global problem & I find 220 crs market cap quite low to be honest..
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