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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But, on a lighter note, promoter is acting like a retail investor and we retail investor, in contrary, are behaving like what a promoter should do…

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curious back in 2004 ans earlier what must have been the reasons for your buying? I wish you were in this forum early to share your insights. 20 years back if I am not wrong, Trent was not a good performing business and likes of big bazaar, Pantaloons was the talk of the town…Also was Trent a high PE stock back then also or must be in Red with no profits?

If you could share When was your first entry and how did you build your position? Was it in lumpsum one time buy & forget or a conscious gradual building of position? Also when was your last buy? It seems your average buy price is around Rs 25!

Would be good to know your thoughts as would like to learn from those who catch such multibaggers much much before their time and results arise.