One should always attend AGM not only for interacting with mgmt & tracking co progress but also for networking with fellow passionate investors.
I was lucky enuf to meet with a HNI investor who came all the way from rajasthan to attend the AGM. He holds page Ind,Eicher,GRUH & Tasty Bytes for last several years & they have all been big multibagers for him.His being holding & present in Sheela Foam AGM itself is a positive sign on quality of company & prospects.
SFL sufferred from 2 unforeseen severe setbacks after IPO in form of DM & unprecedented rise in TDI the main RM. Now addl stress due to dealers destocking in last qtr due to GST as already warned by co. But TDI price has come down from peak of Rs 320 to 230 per kg augurs well. Plus upcoming new facility of TDI in Saudia should keep the price on hold.SFL shud be a beneficiary of GST even though GST has increased the taxation for them by 2-3%.
All in all I feel its a lambi race ka ghoda due to its brand,distribution,ethical mgmt & R&D. Discl Invested since IPO @ 775.