Originally posted by kkasawa I hold since IPO in 2000. It was a mega bagger for me & a still a big multibagger after crash.The dividend itself i get per year is more than the cost i have put. Things change for companies, yester years hero's goes off   & new leaders emerge. But we need to see is the business collapsing. Are they making obsolote stuff which will replaced by something else. for all this answer is "No".they remain in evergreen industry.Medical equipments can't die.  Such companies & promoters who have created enormous wealth over a period can't be written off so easily. Market has it's own way of judging business's. Market suggest something but is never fully right or wrong , else no boom or bust will happen. Why same people who were ready to pay 100 Rs for many real estate scrips are not ready to pay Rs 10? Speculative stuff keeps happening  in market driven by operators.   Technically scrip has very strong support at 60. This was were it bounced in 2008 crash. let us see what happen's now.       Originally posted by Multiplier Good luck to you, Kkasawa.....the problem is that their business model is all messed up .....huge debt funded acquisitions, very high working capital cycle, zero leverage with customers who dictate terms, huge dividend payouts despite being tight on cash, senseless bonus issues to satisfy gullilble investors, problem with rating agencies (change away from CRISIL obviously for the rating they were giving).....   Let us know when you actually buy the stock ....

Obviously, you being a veteran investor do not really need crowd support take decisions for you.

Agreed with the 60 rs support point...the speed with which it has been breaching earlier supports has been alarming.

Also, IMHO we can't associate all liquidity issues with management being bad/evil just like all house owners who defaulted can't be blamed. Some time when it's easy to raise resources every one can go overboard esp if under pressure to show higher and higher numbers.

This video is of Jan-23-2013 and I had seen it earlier. I still hope that Opto Circuits will be back on track regarding its cash flow situation, though it may take some time to do so. I would like to see the results on 12th Feb and what the management says. May be it will paint a bright picture of future or may be it will defend itself or accept its mistakes or whatever. Keeping my fingers crossed that results will be definitely above what the market has factored in at CMP.

May be I am living in denial mode and refusing to believe the situation in which Opto is in (and I am in). I need to introspect and take a call sooner than later. Just few more days, please don't fall more.

Originally posted by amitgoyal Beware !!! If you see this Horror Video, you might be tempted to sell all Opto Circuits shares today !!! Deeply Disappointing !!! Mr. Khan I take my words back after seeing this Video !!! http://www.ndtv.com/video/player/news/debt-woes-at-opto-worry-investors/262846 Disclosure: I have still not sold my shares but now am getting jittery after hearing this pathetic interview !!! Regards Amit Goyal.

Originally posted by coolcarney I was wondering whose mistake is bigger, my position in Opto or Samir Arora's in Arshiya. How to deal with this situation? Sell it outright or may be watch the management clarify or what? The point is, he is a bigger player and made a mistake. Its painful to take a loss but it feels better once you have taken it as per my past experience. Should I or should I not is the question I am asking myself.

Both Opto and Arshiya will make good case study for future investors. Both should be looked into case to case basis. Let's take lesson and move ahead.

Disc: I bought Opto @145 and sold @105 after sharp fall started. In such situations we have to react quickly.

Unlike other fund Managers Samir Arora actually puts his money into his own funds. He was also holding Arshiya in personal capacity.