West Life Development- McDonal Restaurant Franchise

Just wondering why there is no discussion about this company. Is it because of frequent negative news about promoters manipulating stock price? Refer moneylife

In addition to negative mentioned above company is currently loss making. 95% shares of company are with 10 entities. However, i am not sure to count is as positive or negative.

Brief about company:
WDL focuses on putting up and operating Quick Service Restaurants (QSR) in India through its subsidiary Hardcastle Restaurants Pvt. Ltd. (HRPL). The Company operates a chain of McDonald’s restaurants in west and south India, having a master franchisee relationship with McDonald’s Corporation USA, through the latter’s Indian subsidiary.

Opportunity: Opportunity is purely on long term basis i.e. more than five years. And rational is based of much quoted consumption growth story.

While doing my own research i found the following various news items useful and as a lead for further research:
Article 1
Article 2
Article 3

Disclosure: Invested.

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