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IZMO

Discussion in 'Fundamental Analysis' started by Suresh_Sinha, Aug 21, 2016.

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  1. Suresh_Sinha

    Suresh_Sinha Active Member

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    Whats your view on this company for the long term.

    Here are few things for me to consider this
    1. Available at less than book value
    2. Investment by Porinju Veliyath who had invested 1% in the stock and has upped it recently.
    3. Is in the Internet Marketing and Web Business and no Indian IT companies are available in this business. @shabbir your view on this business can be crucial as you are also doing similar things on the web
    4. EPS growth is quite good as well.
    Let me know your views on this stock as I have plans for some investment in this stock
     
    Suresh_Sinha, Aug 21, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    Everything looks good but then only thing that I don't like about the stock is they were Izmo cars which means they were making websites for automobile industries but now they have moved to provide these services for any business like cooking business or for any other sites which means they are competing with sites like shopify and other such business and so it is an avoid for me as of now. They are in very competitive market and though it is available at a good discount, I am not sure how they can compete with such big players without big marketing budget.
     
    shabbir, Aug 21, 2016
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  3. shabbir

    shabbir Administrator Staff Member

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    I prefer investing in in good companies at fair price than investing in fair companies at good prices. It could be that I lag to find value in companies as of now and as I do more research, I could evaluate those small companies in future but not as of now.
     
    shabbir, Aug 22, 2016
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  4. Suresh_Sinha

    Suresh_Sinha Active Member

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    Well said Shabbir
     
    Suresh_Sinha, Aug 22, 2016
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