The firm’s price to earnings ratio is over 280 times and a bank has obtained a judgment against the firm concerning an outstanding loan. A case against non payment of EPF dues is also pending. Its net assets are just Rs60 million despite the market value of the firm having touched 20 times this value this year. “During the year, the directors continued to support the business in the absence of support from any of the financial institutions, in order to meet its basic financial obligations. The company managed to continue paying the accumulated overdue statutory dues of itself and even its subsidiary which were in default due to its financial weakness,” said its Chairman in the last annual report. Clearly, critics argue, investors purchasing shares of this firm are either gullible clowns or scheming villains. "
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