I would not term myself as a very experienced investor and had positions in Zen Tech which i exited when the PE went close to 120. Nothing wrong with the company, it is just how the market is reacting to the latest news, getting an order is one thing but execution takes time and the getting payment from Govt. itself is a task. From their concalls, they already have a backlog from previous orders which will be serviced this year. Getting new orders is good for any business, the real question is when will those orders get booked into actual operating revenue.
Disc. Exited but still tracking for potential buying opportunities
| Subscribe To Our Free Newsletter |
