My main concerns on this stock:
- Drumclosure biz: With end industries suffering,how the demand of the drumclosures would be affected!
- Scaffolding biz: With global growth slowing, will their be much investments to drive scaffolding demand
- Garments & yarns: China slowing could push the prices further down
- Old promoters going and kids need to prove themselves
Nonetheless with the current valuation PE at 8, strong balance sheet, demerger possibilities I would still be comfortable to invest something.
Overall its a good company and biz although not sure to what extent its scalable and whether the new ones have it in them to transform into a great co.
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