Basilic Fly Studio Ltd

brijyot_chawla Agree with you. From Highflier to dusted due to result error, which obviously cause concern about management integrity.
However, stock is under pessimism due to:

1. Concerned Management integrity.
2. Competition in VFX Field.
3. AI threat ( In my understanding it is perceived, Any field always have threat related to new technology)

Future triggers:

1. As guided, 30 to 50% revenue growth with similar margin.
2. New aquation/partnership.
3. Acceleration on order book from current 75 cr.
4. Management proves integrity by demonstrating that they are clean and fair.
5. If we see growth and integrity coming in few results, valuation is very supportive. TTM PE is 20. Where growth expected is 40%.
6. Government support which is announced.

In Nutshell, management has to demonstrate growth and integrity.

D: Invested.