Very True..
But tht's the reason behind such healthy BS of CLSE
1...CLSE is doing Asset Light Business
2..ie...Procuring Rice from domestic market without setting up Rice mills and selling in International market at premium
3..CLSE clearly states they will spend on Marketing now own-words to improve brand Value of Maharani Rice ..Agree it can not be Compare with KRBL or LT foods
4..CLSE operating cashflow Fy 15 is 20 cr against -21 cr
5..Only play in CLSE is Low Valuation, Increase in Export,Opening in Iran Market,& Healthy BS
6..Dont expect returns like KRBL its altogether in different League
(Invested at much Lower Level)
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