Cafe Coffee Day – Will you Date?

Yes its a very risky bet, burnt fingers of many, no institutional holding, and legacy issues of its own.

Plus promoter has been offloading shares too, but i reckon thats a distress sale:

1. Biggest problem for this company was and is Debt.
   But over last 5-6 qtrs management has been consistently reducing the debt, and what i would consider unmanageable level of debt of i had to look at its BS couple of years ago, is i think come down to the levels, which could be managed by the company, if they get their act right.

2. They have been selling their nom core assets to reduce debt.

3. Roc, and ROE is horrible but thats understandable as their problem is turning corner, and to deal worh debt.

4. Recently company has posted profits, and it has large chain of coffee shops, and is a well known brand in india.

5. There is a possibility that this may play oit as a revival story, if they get their act right, or ultimately could be a potential take over candidate.

I think they have a few litigation cases on going too.

Would love to learn from learned members about their prospective on the stock.

If they deal with their debt as they have over last 5-6 qtrs, and turn corner , i believe valuations are offering huge rewards vs the risk.

Opinions sought?