Dear Friends,
I got a call from couple of friends asking about my interested in Associated Alcohol. Just want to clarify that I’m not recommending or endorsing any idea (specifically Associated Alcohol). Like I have mentioned in my ppt - many often we just buy starting quantities based on the good numbers and past performance of a company to understand it better. And similarly we have a small exposure in this which we bought probably 6-7 months back based on the consistent good performance being delivered by the co.
There are several negative also in this co (like mentioned above) - 1. Lack of transparency 2. Industry is such that there haven’t been many cases of big winners 3. Volatile numbers (I was quite not happy to see the sudden jump in Q4FY15 results with no explanation in the notes to acs).
So please be careful, do your own homework, understand the context of the discussion, and don’t take any/every mention as an endorsement.
Thanks & Regards,
Ayush