Joined: 18/Sep/2009
Location: India
Online Status: Offline
Posts: 172
Posted: 06/Jun/2010 at 11:47pm
Point taken @excelmonkey, that there may be possibility that promoter is hand in glove with Nirmal Kotecha, but this article is definitely not a good source to prove it.
To be fair, this article has got a few things wrong - including the name of the Company (Visher Agro?) and the principal line of business (flour milling?) and lack of brand (Rasoi Raja, anyone?), just a convertor (hello? what is Tata Steel?).
Company has solid fundamentals. Promoter may try to jack up prices. As long as he doesn't do anything funny with his accounting (he can given the nature of the cash handling business) I am an investor for the long run.
But it is definitely a cause of concern that promoter may NOT have great ethics.
Edited by iaditya - 06/Jun/2010 at 11:48pm
Buy Solid Companies. Hold for 5 years. Avoid watching TV. Sleep Well.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
