I wrote to their IR email asking for details and explanation on
A) some receivables higher than 3 years and some significant number higher than 1 year
B) impairment policy on receivables
C) why certain investors were chosen for the preference issue when they are not part of the promoter group
no response yet after 10 days. Sent reminder again.
Let’s see
Among other things
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NEW CEO looks good . Has finastra background so lots of new sales / deals/ product tie ups coming through that ecosystem
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trejira thing looked fishy BUT THEY Seem to have spun a good story around it
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not capitalising r and d and routing it through P and L could be a way to write off past sins
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don’t understand why their products are winning except the corporate lending suite , fx markets and the transport stack. All other new product lines look like they have a small TAM. Still need to read in more detail
Not invested but tracking
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