Can someone tell me what is the relation between Sandesh and applewoods.I mean why did sandesh take this huge bet of investing so much money into a SINGLE company?Just curious as to why sandesh picked this company to invest in from the beginning.
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Sandesh has reported 125Cr Revenue in Q1 FY19 which is a growth of about 25% compared to Q1 FY18. Expenses under “Changes in inventories/Cost of Goods sold” has jumped up resulting in EPS of 23 v/s 31 in Q1 FY18. Is there a way to obtain more details about the change in inventories?
Now this stock is available at price of its investments which means a business which is generating 90+cr free cash flow is coming for free of value. Only problem is the treatment of minority shareholders. They should and can declare big dividend to change the perspective of market but it is highly unlikely to happen.
Disclosure: Holding tracking position
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