Vaibhav Global

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valuepicker
Posts: 144
Joined: Mon Jan 09, 2017 8:44 am

Vaibhav Global

Post by valuepicker »

Vaibhav Global once darling of the market had fallen to a 5 year low. It has again found it's lost glory . Vijay Kedia and Malabar have picked truckloads of Vaibhav Global. What is the view on this stock with the renewed interest?
Pee Vee
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Joined: Mon Dec 26, 2016 10:45 pm

Re: Vaibhav Global

Post by Pee Vee »

valuepicker wrote:Vaibhav Global once darling of the market had fallen to a 5 year low. It has again found it's lost glory . Vijay Kedia and Malabar have picked truckloads of Vaibhav Global. What is the view on this stock with the renewed interest?
I am not sure of the business model. They sell some trinkets on TV at discount rates/ auction. Previously, a competitor emerged and they suffered losses. Not sure how they have won over the competitor and whether it is a temporary phase. Maybe it is better to look at other stocks with sustainable earnings.
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