Signpost India Limited – Independent advertising agencies: a quietly expanding sector on the bourses

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Find enclosed thread on Pressman advertising on VP. This may provide insight about Pressman business over past years.

Pressman Advertising

Recently I found this stock and liked. Just want to share my views for your kind re-examination. It is one of the oldest & largest Indian advertising agencies, and sole agency in listed space. The space is dominated by large multinationals. The business model is good, high margin, without much capital requirement and scalable.The financials of the company is good, not much debt, great dividend yield (5%). Management is good. Appears to be safe bet, and can pay handsomely if some Indian agency i…