@stocks hunter wrote:@ smallville
U r correct sir. But what I don't like is without nothing people go against good shares. still they like to play with craps. Yes VONE is one of my favourite stocks. But not only that I got CFLB,AEL,COMB,LOLC,ALUF,GLASS,CFIN,TWOD etc....in my portfolio. some are short and some are for long.
what my argument is people who know the mkt should educate poor investors to invest in future value counters like VONE. That is not happening here. Just see some people think its an apparel company and still investing in CSE.
WHAT we should do is to have VONE at least 500 shares in every persons portfolios for long term benefits. Am I correct?
You have just confirmed what I said. VONE is just a holder of apparels, LB Finance and Rocell. It's minority investments are in banks.
Holding firms add value by getting dividends and setting up businesses. This is what happened at Carsons.
But DP who holds 800 million shares prefers to pay out those dividends at 0.3 per share
I will invest in vone the day he starts to use those profits to set up businesses under vone. 500 m rupees goes a long way and there are many ways he can expand by using this money
Instead he pays tax at multiple levels multiple times. Why can't you see this?
Perhaps if DP was smarter he would get TILE SAMP LBFINANCE ROCELL to buy his entire stake in Vone. Then he will exit Vone with 20 billion rupees but still control these firms. Through a personal holding and directorship. Just like Carsons