Looks like an old one sir.
Board of Directors at their meeting held on 29.05.2019 have recommended a final dividend of Rs.0.48 (24%) per equity share of face value of Re.2/- each for the financial year ended on 31.03.2019, which shall be paid within 30 days from the conclusion of the ensuing Annual General Meeting, subject to approval of shareholders of the Company.
However I have found that From 30-Nov 2015 to 15 May 2018 There are 130 Entries of insider transaction and surprisingly they all are disposal … IS n’t IT STRANGE
Source : https://trendlyne.com/equity/insider-trading-sast/all/CHAMANSEQ/3306/chaman-lal-setia-exports-ltd/
Disc : Invested
Did anyone attend the conference call on the 7th? Please do share updates.
Curious about the gross margin drop in 4Q and the reasons for the deteriorating working capital cycle.
Extract from company’s Concall … Promoter not even aware about employee cost ? In opening remark focusing so much on Investors that never cheated and all (first time seeing such opening remarks, Any fear). Net Profit for the quarter- Rs. 3 Crore & decrease in employee cost by 1.45 cr as compared to last year & as per management “it is very minor fall” & “but i don’t know how it has come down”
latest filing by company
it is showing the company has taken money from the promotors thus paying the interest on that
also they have taken premises on leasing from related party
but i coundn’t find name of these sister companies on https://www.zaubacorp.com
i found some information on zauba some snip below
Could someone help me to understand these … ARE THESE CAHREGES PAID or STILL under DEBt HEAD ???
isn’t these are RED Flags …
Does anybody have any idea what’s going on that is leading to the continuing rout in share price? Cannot be fundamentals!
This is the reason.
No new order from Iran. Market very weak for Basmati
Update regarding Credit rating
The results are not good. Rice prices went to supernormal ast quarter then also they were not able to generate good margin. May be they already sold inventory before the price went up on advance contracts.
Discl: Invested .