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Q.

What will be the 1 month target for this scrip.Quite good PE ration of 3.06 against EPS of 29.95.Please let me know your views pls.

About: Company: Helios & Matheson Information Technology Ltd.

Asked by GAJANAN TUPTEWAR, 24 Jan '08 12:52 pm
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Answers (2)

1.

Not much bright
Answered by anil garg, 22 Sep '09 01:26 am

 
  
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The promoters are in the business of Money laundering and have numerous criminal cases against them including FEMA violations, cheating 420, fabrication of documents etc. In 1991 they were Express Financial Services involved in Hawala buisness. Only in 1999 they changed their name to a fancy name Helios & Matheson. Promoters are with just accounts background. They have taken the shelter of IT business to do Hawala Transactions under this cover.
Following is an article by the most prominent Business Journalist Sucheta Dalal.



The flip side of the great Indian IT story
13 Feb, 2006

Ketan Parekhs infamous K-10 list was dominated by several such companies, whosepricescollapsed in a little puddle once the dotcom bubble went bust and his market manipulation began to fail. These columns have often documented the activities of Dinesh Dalmia, who is running rings around regulators in India and the US. There was also Cyberspace Infosys, a company that has quietly slipped out of th ...more
Answered by Ram Murthy, 27 Feb '08 11:17 am

 
  
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