Disc - not invested
This is one company i have followed from a business, technical and capital structure point of view. Obviously when the professor is involved in the stock, it draws attention like it should.
From an educational "vantage point" - This is a great learning opportunity
There are three questions - i invite comments from all at VP. I believe that it may lead to a pattern which may lead to a mental model that will help us all in the future investing activities
Q1 - Is the cash real? ( business point of view)
Q2 - Should or should not - a company issue bonus shares in times of a crash in the prices of the stock? ( capital structure point of view)
Q3 - is the fall in stock prices a price correction or a time correction? ( technical point of view)
When looking at kitex i always struggle with these questions. I am unable to answer them perhaps the folks here can throw some light and create a unique case study from this unique situation.
Also, if you look at the thread from its beginning ( July 2012) all the respected practitioners at VP have been looking at the stock. @akbarkhan @hitesh2710 @subhashnayak_19_ , @ayushmit @saf @dkirand @sunilsurana @Donald @anil1820 @ankitgupta and many others ( you can mention only 10 users in one post)
Dear seniors - can you use kitex as a case study to illustrate some important points about investing? i personally would look forward to your inputs so that it benefits all here.
Pls note - Kitex may well may be a great business. But since many of the common questions we sonetimes face in our investment process have cropped up in the kitex situation i am using it simply as an example. Strictly an educational endeavour.