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Indoagri
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nkboy9
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06-Nov-2013 09:11
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Hi there! I m a newbies. any bro & sis invest in this counter? Been thinking to invest in this stock..and recently has been up. But when I look at the recent financial results, it simple does not justify why going up recently? Company is doing poorly. Profit is down, cash flow is down, etc. And even Straitstimes on 1 or 2 Saturday ago the broker house was making a call on this - BUY. why? no sense.. the only things which I look at is PE is low..and stock is trading below the NAV...but PE low does not mean stock necessary means is attractive..it could simply just because the company is not performing. thanks for your view sharing. |
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