samtex fashions

Here we track the latest buys and sales and portfolios of famous investors
valuepicker
Posts: 44
Joined: Mon Jan 09, 2017 8:44 am

samtex fashions

Postby valuepicker » Sun May 07, 2017 9:41 pm

Porinju was holding samtex fashions for the last 2-3 years. His name does not figure out in more that 1% shareholders list. Has he exited the stock? stock has corrected by 70% in last 2 quarters... some other investors like Anil kumar Goyal still figure out in more than 1%. Is there anything wrong with this company? December qtr sales have dropped by 50% compared to sept quarter..
This was supposed to be a turnaround story. Is turnaround for company not happening?

valuepicker
Posts: 44
Joined: Mon Jan 09, 2017 8:44 am

Re: samtex fashions

Postby valuepicker » Wed May 10, 2017 8:21 pm

No comments from anyone? Can someone throw light on this?


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