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TCSer
Senior Member
Joined: 17/Mar/2008
Location: India
Online Status: Offline
Posts: 1882
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 Posted: 17/Oct/2010 at 11:23pm |
The saving grace of the company seems to be the credentials of the management team n the huge growth in education sector.
Is the new management team the real promoters or they are different person?
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srisaurabh2000
Senior Member
Joined: 10/Dec/2009
Online Status: Offline
Posts: 397
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 Posted: 17/Oct/2010 at 11:43pm |
The promoters are different than the management team.
You can check the company name changes and promoter stake changes over the last 5 years, it will give you the picture.
Edited by srisaurabh2000 - 17/Oct/2010 at 11:44pm
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
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 Posted: 17/Oct/2010 at 9:29am |
There is a circular trading going on in this counter, buyers be aware and check the deals !
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India_Bull forever Bull !
www.kapilcomedynights.com
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j2eeprofessiona
Senior Member
Joined: 13/Sep/2008
Online Status: Offline
Posts: 968
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 Posted: 17/Oct/2010 at 11:38am |
on all the parameters except probably promoter holding (which they are increasing) firstobject is looking a perfect valuebuy. look at the market cap, NP, reserves etc... and also a dividend paying company
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Ravenrage
Senior Member
Joined: 21/Jun/2010
Location: India
Online Status: Offline
Posts: 859
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 Posted: 18/Oct/2010 at 6:51pm |
The only entry barrier in this business is trust of guardians & students . However , 1-2 good years' of churning out successful students ( good ranks ) will be enough to flock students at a coaching institute .
Except for Career Point Infosystems , is there any listed company in this space ? (DMC seems to be too risky to bet )
@j2eeprofessiona , is Firstobject into IIT-JEE / CET / or other entrance exams' coaching ?
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j2eeprofessiona
Senior Member
Joined: 13/Sep/2008
Online Status: Offline
Posts: 968
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 Posted: 18/Oct/2010 at 6:56pm |
yes ravenrage, its also into IIT-JEE/CET online coaching... though the product is yet to be launched
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Ravenrage
Senior Member
Joined: 21/Jun/2010
Location: India
Online Status: Offline
Posts: 859
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 Posted: 19/Oct/2010 at 8:06am |
Uh-oh , why don't they get into coaching like Brilliant Tutorials, FIITJEE or Career Point ? Isn't there any company which is into coaching ?
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Ansh
Groupie
Joined: 14/Oct/2010
Location: India
Online Status: Offline
Posts: 51
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 Posted: 20/Oct/2010 at 10:22pm |
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.
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