Any views on the Open Offer. Personally, I am a long term investor and not interested in tendering my shares.
Views invited on below:
Thanks
“This agreement with JCB India opens up our network of branches to expand their dealership footprint across India and is an integral part of our efforts to diversify our portfolio offering by making a foray into new verticals to spur growth. It is indeed a major step to boost our business of construction equipment finance,” ”, said Mr V.P. Nandakumar, MD and CEO of Manappuram Finance.
Can it change the fortune of company.
any why not rights ? Their last rights which came at 140 was very lucrative. I think by the time allocations came stock was already close to 180-190 and retail got super allocation on top of their eligibility. My initial allocation to the stock was at around 50 with a view to participate in rights which had come at 40. So i would pray for yet another well priced rights. Mgmt. has been looking to raise their holding, a discounted price compared to market price helps them too to raise their holding.
Mapping all beaches in Diu where Praveg will have their tent houses
Summarizing my thoughts
Thesis
Anti-thesis:
PS: Holding tracking amount. 1.28% of my PF
High capital intensive business and tough competition – all valuation parameters will be disturbed ?
I still keep my red flags on promotors as I know personally the group – how they have mastering in “corruption” culture in government tourism department
Note: In bullish market …everythings looks good !
High capital intensive business and tough competition – all valuation parameters will be disturbed ?
I still keep my red flags on promotors as I know personally the group – how they have mastering in “corruption” culture in government tourism department
Note: In bullish market …everythings looks good !
Defense products mentioned by @mmali09 just had a navy order coming their way.
New area of growth for sure.
Walking the talk. “will announce once things materialise”