Maithan Alloys Ltd

Hey Atul, The company has invested into many PMS as well. Acquisition intimations are all direct investments - may be the sales are on PMS front and not separately reported.

We will need to check from BS disclosures if any direct holding has been sold (and not reported).

1 Like

Disclosure: Not invested.

Atul Sir,

I was invested in the company once upon a time.

As minority shareholders, weā€™re ignored. We usually look for promoters who align with our interests. USUALLY f someone owns a significant stake in the company, it gives us a sense of protection. BUT in this case, it seems we need to adjust our expectations.

Here, the promoters appear to see more potential investing in stocks. Why? Probably because making money in the real world, especially under their current circumstances, is very challenging.

If the company turns into something like a holding company, the market will likely treat it as such and value it accordingly. In fact, it seems the market already views it as just another investment company. Normally, from what little I know, investment companies come at lower valuations.

For this reason, as small investors, weā€™re now stuck with a company that no longer aligns with our protection. Itā€™s worth noting that many large investors may not be in the company because the company has strayed from its original purpose. I canā€™t help but wonder if this is okay under government rules but not sure.

Anyway, everyday we are making the decision to stay or not, in some cases our investment will behave like an value trap for sometime, we have that hope we are smarter then others and getting it very very cheap, maybe we are.

Just a small, struggling investor here, hoping for that 1000-bagger someday! :blush:

Not a registered advisorā€”just sharing my thoughts.

2 Likes