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PBM Polytex

Discussion in 'Investment Analysis' started by saju_abraham, May 19, 2016.

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  1. saju_abraham

    saju_abraham New Member

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    Hi Shabbir,

    I had invested very low amount in a company called PBM Polytex a textile company, looking at the financials, which was strong and was trading the in the range of 75 to 85 but today, I see a news that there is strike in the company by workers which has lead to stopage in production as a result the stock have started to slide but on the otherhand the management has maintanined good balancesheet now confused shall i buy more at major dips.

    Thanks & Regards,
    Saju
     
    saju_abraham, May 19, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    Definitely yes if you think it is a good company but then I think the sales for this company has not increased for last 4 years and thats never a sign of a good company.
     
    shabbir, May 25, 2016
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