Laurus Labs - Can Business bring laurels to Investors?

@Ajjugattu

Although the post was deservingly deleted, I had read if before it was deleted. Man… you have a career in fiction writing. :grinning: This conspiracy thing ranks right up with authors like Ludlum, Grisham or Frederick Forsyth. As posters on a public forum we cannot put up gory details of hypothetical frauds without any substantiation and I guess that’s why the post was probably flagged and deleted. But I must confess you take imagination to another level.

There is a lot of negativity surrounding Laurus mainly because the stock has corrected inspite of what are phenomenally good results. There are a couple of mahagyaanis on Twitter letting it rip on the company citing cash flows mismatch and other logic calling this company names and trying to malign the company. I read some of their tweets forwarded to me by some friends (precisely to avoid such guys I am no more on twitter) and what I find is that these guys have made it their business to post cryptic posts without any data points, but alleging misdemenaours and hanky panky in companies. I would like to see these guys put up a couple of good ideas and put their reputation on the line. Its very easy to discredit someone or some company especially when you have a lot of followers based on your past reputations. A lot of guys are questioning ambit guys who reportedly had an 11% stake in laurus back in around june and now hold it no more (and still come out with a buy report on the company with higher targets ). Sometimes I think these brokerages hold positions for big traders and often sell out on getting instructions from their clients.

I prefer to rely on facts and the facts are present in annual reports, concalls and reported numbers. In the short term markets can be illogical and react negatively or not at all to great results or newsflow, but in the longer term what matters is earnings, earnings and earnings.

This is not a recommendation from my side but my viewpoint as an investor.

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