Kridhan Infra - Capability building through acquisitions

(PE_Ratio) #42

Can anyone explain this please?
Kridhan already acquired 36.6% stake in VNC.
Now they’ve issued 76,79,662 shares of Kridhan to the investors of VNC for 31% stake in VNC.
This means, the total stake of Kridhan in VNC should be 67.6%, right? (36.6 + 31).
Then why does the presentation say 50.5%?

(shajis) #44

Could you pls explain what does this pattern indicate ?

(cathene) #45

These are the screenshot of the company swee hong in the singapore exchange according to gurufocus app (available for android and ios)

Also it shows sloan ratio which indicates manipulation and poor quality of earnings.

Disc: tracking not invested currently