Knowing all the moves from a long time, I’m surprised to see retail participation in EMT. If some one read this thread starting from post 1 to till date, the journey of EMT will easily breakthrough for anyone on how greedy the promoters are, and especially the allotment of bonus shares for every year is a big move to trap retailers, and once in a time EMT is trending under the top 3 in Twitter handles. Paid promotions and influencer marketing via offline channels are the reasons for trending this. And I feel even the profits are manipulated; that is why they keep on announcing the bonus to maintain the equity under books without giving dividends. For me, a company with sound profits having retail free float is on the higher side; not giving dividends is a betrayal, as companies are smart to allocate ESOPS, routing money via subsidiaries, related party transactions, higher depreciation costs, and many other ways that follow.
It’s too hard to see your confidence in this stock by looking at all these factors in EMT, and fundamentally no other travel-listed players are earning this much OPM except EMT itself, which is a reason for exiting the stock. Exit early and safeguard your investment and hard-earned money
And lastly, I wouldn’t surprise if they had people hired in Vakiepickr to promote this stock by stating some positive posts on EMT. Hahaha, this would definitely become the heights of marketing.
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