Going through this thread I have to take my hat off to @Kumar_manas for understanding the company and the sector that it operates in perfectly. Well done sir. Also in hindsight its so obvious how cheap the company was but few will put their money where their mouth is. Another thing to note is how long the market takes to recognize the fact and the rerating to occur. It’s almost as if the market fails to recognize that a turnaround in the balance sheet has occurred and still remembers the misdeeds of the past. True test of patience but reward is sweet at the end.
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