Q.
I have sakthi sugar @90/- total 500 shares when it will come to the level markets ups also why the share price is not moving
About: Sakthi Sugars Ltd.
Asked by THIYAGARAJAN raajanthag,
02 Mar '10 11:25 am
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Answers (1)
1.
1. Entire promoter quota is pledged. Margin call will result in crash of the share price.
2. This company is in debt trap (Close to 1500 Crores).
3. Finally, it is rated as a cheap company by market. (A maximum PE of 2 is given by the market).
So, all in all this is one of the worst scrips.
Like you, there are lot of investors are waiting for it to reach 90 and there is some ray of hope this might reach 90 within March, if it can report an EPS of 45 for FY09. (EPS:45, PE:2 means Price:90)
Answered by SYED ALI, 02 Mar '10 09:33 pm
2. This company is in debt trap (Close to 1500 Crores).
3. Finally, it is rated as a cheap company by market. (A maximum PE of 2 is given by the market).
So, all in all this is one of the worst scrips.
Like you, there are lot of investors are waiting for it to reach 90 and there is some ray of hope this might reach 90 within March, if it can report an EPS of 45 for FY09. (EPS:45, PE:2 means Price:90)
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