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Sintex Industries

Discussion in 'Fundamental Analysis' started by surajbj, Jul 20, 2017.

  1. surajbj

    surajbj Member

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    surajbj, Jul 20, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Very high debt to my liking
     
    shabbir, Jul 20, 2017
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  3. surajbj

    surajbj Member

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    Thanks for reply.

    Am worried on spin off event.....price has come down....apart from high debt....is there any other pros n cons...??

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    surajbj, Jul 20, 2017
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  4. shabbir

    shabbir Administrator Staff Member

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    Once the debt is high, I don't need any other cons and seldom like companies with so much debt.
     
    shabbir, Jul 21, 2017
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  5. bhat64

    bhat64 Apprentice

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    Yes if the debt is high then they are bound to pay their profits to banks so you get barely anything!


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    bhat64, Jul 22, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    So true and if you invest in such companies, you are taking up their debts instead of profits.
     
    shabbir, Jul 22, 2017
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