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Kellton Tech view please

Discussion in 'Technical Analysis' started by rajkamal1985, Oct 7, 2018.

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  1. rajkamal1985

    rajkamal1985 Member

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    Hi Shabbir,

    how does Kellton Tech looks ? everything looks promising on this counter fundamentally( to my little knowledge though ;)).. but still beaten down... into AI and IoT services...

    Can it be added for long term?
     
    rajkamal1985, Oct 7, 2018
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  2. shabbir

    shabbir Administrator Staff Member

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    When I invest in companies under 1kCr market cap, I prefer to look at the management rather than the financials. They look quite good but I will prefer to look at the annual reports and watch few interviews of the management from the past.
     
    shabbir, Oct 8, 2018
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  3. rajkamal1985

    rajkamal1985 Member

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    I too checked them to the best of my knowledge, things looked OK.. please help me to check them once you have time Shabbir ji.. Recently there was a stock split.
     
    rajkamal1985, Oct 8, 2018
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  4. shabbir

    shabbir Administrator Staff Member

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    Can you share what did you check and that will help me to analyze the management further.
     
    shabbir, Oct 8, 2018
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  5. rajkamal1985

    rajkamal1985 Member

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    I was going through their last 2 quarters investor transcript where management clarified few things about their future plans to reduce debt and their stand on it, about recent acquisitions , new hire expenses and so on. I am not sure what all information we could get apart from financials!!. please guide me
     
    rajkamal1985, Oct 8, 2018
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  6. shabbir

    shabbir Administrator Staff Member

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    I went through their annual reports at BSEIndia. The best is to go through some of the old annual reports and look at what they predicted and if they delivered or not.

    https://www.bseindia.com/stock-shar...ualreports.aspx?scripcode=519602&expandable=0

    I didn't consider them because I prefer unique business and this is yet another Indian IT company which offers services to the same sectors as major Indian IT players. BFSI and other such services.
     
    shabbir, Oct 9, 2018
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  7. rajkamal1985

    rajkamal1985 Member

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    Thank you Shabbir for your valuable reply
     
    rajkamal1985, Oct 9, 2018
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  8. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Oct 9, 2018
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