Hat Tip: R Poladia
Category: Observations
Low P/Es….Markets Knoweth Why
The P/E ratio of Prakash Industries have been very low for sometime
Source: Screener
Maybe the markets expected this.
ED attaches under PMLA movable & immovable properties worth ₹117 Crores of M/s Prakash Industries in #CoalBlock allocation case.
— ED (@dir_ed) December 4, 2018
Hat Tip : Contrarian EPS
Source: Presentation by Saurabh Mukherjea
Amusing advice from a person who frequents TV channels and used to publish research reports & forecasts at Ambit
HEG Ltd: Keh Ke Lunga
Hat Tip: Deepak Kapur
On Nov 06,2017, in a conference call, HEG management mentioned that the capex cost to increase capacity from 80,000 tonnes to 100,000 tonnes is around 200 Crores
Around a year later, on 26 Nov, 2018, the HEG Board approved a resolution to increase the capacity from 80,000 tonnes to 100,000 tonnes at a cost of 1200 Crores !!
What to call this?
Diwali Discount: Holding Companies
Source: ET