NESCO is like a tortoise that gets a dose of steroids every time an IT building is completed and then overtakes the hare in front. But the second generation is making the tortoise move steadily thanks to the exhibition, events and the food businesses. The next IT building/convention centre/hotel to be completed after 5-6 years will be like a shot of viagra. I feel in 10-12 years’ time, the entire complex would be completely built up and NESCO will be a dividend yield story.
disclosure: have been accumulating for more than a decade and biased.
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