No, I'm not trying to scare monger. They reported loss for this year(statutory) and it becomes a substantial bad news for investors regardless dividends paid, it is about long term viability.
Agreed, PE is quite good but it also signifies lack of investors confidence.
They've got 160 M in realistic total assets and 237 M in total liabilities. Their equity has reduced by 10% approximately compared to last year.
If they've got no strategic expansion plans, i'll be out completely.
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No, I'm not trying to scare monger. They reported loss for this...
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