now how can this be allowed to be listed? no profits in last two years, don't know about the EPS before 2011.
how can it's price of 12 be justified when a company is not making profit.
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ccsentha wrote:Anila 2012 EPS (0.35) and 2011 EPS (1.85)
now how can this be allowed to be listed? no profits in last two years, don't know about the EPS before 2011.
how can it's price of 12 be justified when a company is not making profit.
dineshfernando wrote:Don't burn your fingers by subscribing to this loss making company. If you wait for a few days or weeks after the IPO, you can buy this very cheap in the market.
Eg: SHL, PCH, EXPO, CFIL
All were overvalued craps and trading at a very low price than the IPO price. I feel that these crooks show much better results for IPO purposes and true picture of the company will come out once they rob the money from poor investors.
Friends, please don't throw your money in the ocean. Instead donate to some charity.
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