JHS Svendgaard:Play on India's oral care

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Topic: JHS Svendgaard:Play on India's oral care

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sumit_sultania
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Posted: 09/Mar/2011 at 8:44am

Originally posted by basant

Maybe that has been adjusted with the networth.

I thought so first, but the previous years annual reports (07,08) did not have any mention about the accumulated losses. I could not find 09 annual report for this.

Can such a statement just be a cautionary statement?

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sumit_sultania
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Posted: 09/Mar/2011 at 8:48am

Originally posted by subu76

Originally posted by sumit_sultania

Also, if you see the latest announcement almost 99% shared held by Mr. Nikhil Nanda are pledged.

Hey, is this a recent development....

When i looked at this company i found it to be a nothing company and yet it seemed to be receiving a good press, MF fund managers were buying small sums (80-90 Lackhs) which wouldn't make a difference to their career but yet would lead to more positive press for the company......

The stock seems to have fallen 50% after that

http://www.bseindia.com/xml-data/corpfiling/AttachHis/JHS_Svendgaard_Laboratories_Ltd_210211_SAST2.pdf . This was published on 22nd Feb.
Yes MFs may be positive, but they are anyways spending someone elses money, so why would they care.

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subu76
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Posted: 11/Sep/2011 at 6:57pm

Originally posted by subu76

The stock is being "placed"

I feel the circumstances under which public sector banks invest in such companies should be investigated.

Unrelated...

Anyway, govt MFs and Institutions (deleting the names since it looks to be in poor taste) should start paying much higher salaries to their fund managers. No self respecting fund manager can survive in their entry level, 2-5 year salaries.

Also, not to forget they need to participate in investor conferences where their batch mates from MNCs also attend.

Edited by subu76 - 11/Sep/2011 at 7:02pm

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