- Que : why should i look at Cranex when i have so many other “sure
shot ” 20% cagr opportunities ? Ans : In Cranex we are betting on
non linear lumpy growth which if it works out will give us much
bigger upside with limited downside risk.Conservative capital
allocation of < 1% gives us the flexibility to “buy,ignore and watch
” this opportunity.
Que : Do you know or trust the management ? Can you give some
pointers ? Ans : No I do not . I have not seen any red flags yet .
However low ROE,low stake,and low npm makes me cautious in committing
not more than 1%.
Que : Have you sold or added to your holdings more post your initial
original post ? Ans : Added small portion – Will update the day i
sell .
Que : Whats your timeline for holding ? Ans : At this point of
writing wish to give them 2 years till Sep 2017
Que : How to get more info about the co ? Ans : AGM is the best bet
. Otherwise specific ques can be addressed either in this board or
better still one can write to the md/cfo thro’ investor relations
email id available in their website.
Que : Do you think mgmt will share information if i ask ? Ans : Cant
say but my gut is that they will not share much as their priority
would be to hike their stake.
Que : Whats your current strategy for this stock ? Ans : My current
plan is to sell half of my holdings at a certain price so as to make
the remaining half zero cost and then let it ride.
Que : Are you a “materials handling ” sector expert ? Ans : No . I am
a learner.no specific expertise .As good (or as bad) as anyone else.
Que : Is this stock suitable for concentrated PFs ? Ans : I dont
think so . I will advise this for those who want to take a lottery
type bet with very limited downside as part of diversified
portfolios.
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