I will try to do a detail post on Kitex… in the mean time Please find links for 1) Mind map 2) extracts from Kitex annual report since 1997 and some other relevant extracts from annual report of its customers and prospective customers 3) Link for recent Kitex call.
Please note that I had prepared this mind-map in mid June when price was around INR 230. I could not update the mindmap to incorporate additional details shared by management in the conference call. Stock price has moved a lot since mid-june, so ignore the slides on valuation.
At the risk of repeating, the recent stock price movement suggest lot of expectations are getting build into the price. So please DO NOT TAKE ABOVE PRESENTATION AS STOCK RECOMMENDATION…Main purpose is to seek contra view from fellow investors…
Disclaimer: None of the material posted should be regarded as advice to buy/sell any stock.
- I do not have any proven stock performance record to talk about.
- Main objective is to seek contra views and not to recommend any particular stock as buy or sell.
- All the posts on this blog, including this one, are for educational and discussion purposes only.