Any investors presentation should be published before concall, but management of Sealmatic, firstly done a concall then one month after publish a investor presentation. In earlier concall, on corporate governance, they told that they will be among the top 5% of Indian listed companies. But in one concall they guided earning growth of 30% for fy24 and 60% for FY25. But in latest concall their memory was lost about this guidance. As a long term investor, we are invested here for your so called golden period which will starts from fy27. we don’t want short term price appreciation and short term profit growth, we want long term sustainable earning growth. we want more investment in project business even if short term profit is compromised but we don’t want excuse of low profit because of selling and distribution expenses. We are not bothered to capex like expenditure to be debited in profit and loss account. we want capital expenditure, research and development expenditure even if it is treated as revenue expenditure in profit and loss account. Because it is necessary for long term sustainable earning growth.
Disclosure:- invested.
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