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Texmaco rail

Posted: Sat Dec 08, 2018 8:17 pm
by valuepicker
Equity intelligence by Porinju has exited Texmaco rail. On a relative basis performance if Texmaco is improving. Is there any reason why Porinju is existing at such a low value? Is there something which is known but not yet public. Any thoughts on the same.

Re: Texmaco rail

Posted: Sun Dec 09, 2018 11:17 am
by Pee Vee
Not sure. Such stocks are heavily dependent on the economy improving and large capex plans being implemented.

It is possible that funds may be raised to meet redemption pressures.