Radio city charges highest for ads…There is an article the problems faced by radio companies…they don’t have rooms of charging high ad rates…so margin play is not there…company has to play on volumes…radiocity has already penetrated In major cities…Bangalore..delhi..ahmedabad..mumbai..etc..I agree to what warren Buffett tells…but what if all the latest news are accessed online and other local news are accessed on radios…i don’t need a newspaper…growth In radio business is negligible…but print business can have good business because of the target market being poor or low class people…but again business expansion basis volume only…i don’t see any moat here…rather than that I would invest in EIL which is a epc contractor…has a wonderful market share…dealing In petrochemicals.. Solar..fertilizers…metallurgy..infrastructure…all sectors emerging…if you want a mere 15% returns then why not invest in a large cap mutual fund…I just set my views here…I might be wrong…and I welcome views from members…this will be helpful for my growth also..thanks..
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