Have bought some DMC education today after the investment by Brand Equity Treaty Limited,(Times of India).
Looks like a a calculated risk at this point of time. The market cap of the company is 34 crores as per today's closing price.
If the investment by HT Media and BETL is utilized by the company in a proper manner then maybe good returns can be expected from here.
just because a PE player invested in a company doest make it a good investment. i think you urself should be confident about the company. take an example of Avon corp.. look where the stock is now even though its reporting stellar set of numbers... after PE placement the stock is now available at half the price....
Joined: 23/Jan/2011
Location: India
Online Status: Offline
Posts: 453
Posted: 14/Mar/2011 at 1:47am
Just a word of caution!
This company was called DMC International earlier, the stocks tanked from highs of Rs 50 to as low as Rs 3 in the 2008 meltdown.
There was no support from promoters or management whatsoever.
After 2009 the company got its name changed and moved to education sector.
However, given its past records I will advice people to avoid this stock.
There are better listed players in this sector than this company.
"All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out..” - Peter Lynch
Joined: 15/Sep/2008
Location: India
Online Status: Offline
Posts: 779
Posted: 15/Mar/2011 at 12:19pm
perfect. For the long term investor this is a no no.
If you want to gamble then as the investing greats say, go to the casino.
Originally posted by prudentinvestor
Just a word of caution!This company was called DMC International earlier, the stocks tanked from highs of Rs 50 to as low as Rs 3 in the 2008 meltdown.There was no support from promoters or management whatsoever. After 2009 the company got its name changed and moved to education sector. However, given its past records I will advice people to avoid this stock.There are better listed players in this sector than this company.
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