Hi,
Been a year almost since you posted.
Do you think the price will rise, or more aptly, why is it not rising?
Company
has made a staggering annual profit of 31 crores, thanks to Q2 FY10-11
results of about 11 crores.
This is a company having assets
of 70 crores, generating a profit of 30 crore with 50 crores in cash and
investments.
ROA is too good, IMO.
The company is financially very sound with lots of spare cash, could
invest or give dividends to shareholders or even buy back share.
This Q4, FA has posted 7 crore profit for the quarter.
Annual EPS is 1.68 .
PE is just 3.27 (against a price of 5.5)
Can you tell why it is not rising?
Got a lot riding on it.