But what happened to the KHL share price...it is decreasing since 02 years time...
Expert comments pls.........
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further explanation pls...................Redbulls wrote:Profit shown high may be to lure more money by Rights?
Explanation on what?acheboy_sit wrote:further explanation pls...................Redbulls wrote:Profit shown high may be to lure more money by Rights?
Price has not decreased but increased from Rs.9.5 range to Rs.12 range in relation to its improved EPS. In fact the PER has decreased and is at somewhat attractive levels in comparison to two years ago.acheboy_sit wrote:It is hard to believe... there profits has increased.....and the group also doing well.
But what happened to the KHL share price...it is decreasing since 02 years time...
Expert comments pls.........
May be true............but i am talking about before 02 years time.... Comparatively with at that time now share price is low but when considering about the pfofits earn they are earnings are more than that time period.....(august 2010 or so).but unfortunetly the share price is decreasing since then..Lalindra wrote:Price has not decreased but increased from Rs.9.5 range to Rs.12 range in relation to its improved EPS. In fact the PER has decreased and is at somewhat attractive levels in comparison to two years ago.acheboy_sit wrote:It is hard to believe... there profits has increased.....and the group also doing well.
But what happened to the KHL share price...it is decreasing since 02 years time...
Expert comments pls.........
You maybe right. Yes, KHL announced a 1:3 rights issue at Rs.10/share on 21st Jan 2010, of which the new shares were listed on the boards on 15th April 2010. I remember there was a story circulating then that the price was artificially kept high until JKH disposed of their rights in the market. I'm not sure of the truth but it could be verified by checking the JKH annual report for 2010/11.acheboy_sit wrote:May be true............but i am talking about before 02 years time.... Comparatively with at that time now share price is low but when considering about the pfofits earn they are earnings are more than that time period.....(august 2010 or so).but unfortunetly the share price is decreasing since then..Lalindra wrote:Price has not decreased but increased from Rs.9.5 range to Rs.12 range in relation to its improved EPS. In fact the PER has decreased and is at somewhat attractive levels in comparison to two years ago.acheboy_sit wrote:It is hard to believe... there profits has increased.....and the group also doing well.
But what happened to the KHL share price...it is decreasing since 02 years time...
Expert comments pls.........
that what i was mentioning....................it open to ur openions..(don'yt no any other reason behind the price down.......................?)
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