Quarterly report out
NAV is now 0.05.
Quarterly loss is Rs 0.73 ( am yet to figure out how other income is -216 million)
CB ratios are violated by massive margins.
Share holders : Take extreme care over trading SFS now. Time to time there can be share pumps and dumps.
Depositers : There is no immediate danger as Gold Liabilites are matching Assets right now. So don't unduly panic. Management needs to take some corrective measures. If Gold rises SFS will be in better asset standing. But if gold falls they will b e at bigger risk.
This is not to panic people but to take note of the issue and be educated.
I will let other discuss more details
Last edited by slstock on Mon Nov 18, 2013 7:24 pm; edited 1 time in total