Anyone have any knowledge regarding metropolitan stock exchange (msei) unlisted shares which are available at 2.5rs and what can b the future of the company....kindly suggest@septa eagle eye and all the knowledge person
Pathetic .sales and profits decreasing and asking such high pe .not even worth 40 rs Stay away Also looking at such high subscription of recent sme not performing well this one doesn''t e even worth looking at
Pros: ROE/ROCE is at PAR Cons: D/E is dangerously going beyond 6 Cash flow is mixed Sales is decreasing gradually (but the net is increasing) - confusing
There is nothing positive about this issue. Even if the issue price is below 50, I wouldn''t have subscribed to this.
Hi Bhanu, I think you didn''t understand what I wanted to say. I want Anna to continue sharing his findings and recommendations but I don''t want to him to waste his quality time in these useless IPOs which are CLEAR AVOID. I hope you understand now :)
I completely agree with you, there is nothing positive about this company. The story of Radhika Jeweltech Ltd is likely to get repeated. There is negative growth in revenue,PAT,EBITDA and cash flows. Rational investors will not apply in this IPO.
Key financials (Rs.in Crs.) Year end Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Net sales 66.05 66.71 94.56 120.71 118.81 Operating profit 4.38 3.73 3.97 3.34 1.86 Net profit 0.66 -0.03 0.16 0.30 0.60 Equity cap pd 3.00 0.50 0.50 0.50 0.50
Loss in business last to last year and suddenly huge profit in last year (For IPO purpose only?).... A BIG AVOID....Shame on Pantomath for bringing such companies to the market to trap innocent retail investors. My Recommendation => STAY AWAY! Lots of better opportunities are in pipeline.