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McDowell Holdings
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BSE Announcements on McDowell Holdg
Posted by :
ksahTracked by: 0 Boarder
From us Investors point of view, this is one of the worst share to be in ur portfolio. Low Book value, NIL Dividend, and ever falling prices... The promoters has formed complex holding patterns which help them siphon off all profits from group companies while merging, demerging and changing the companies names so all fruad activities are hidden. Now a lot of investors have noticed these and by the end of the year the share price can reach even Rs.25/-. So sell and get off this counter before you are hurt....
In reply to:
BSE Announcements on McDowell Holdg
Posted by :
KALKIBHAGAWAN
It is just to conserve capital.Otherwise this company is very good in revenue earnings.As per their latest balance sheet its total dividend received from their group companies is Rs.110.38lakhs;Comn received is Rs.68.75lakhs;General reserve is Rs.32.63crores and paid up capital is Rs.12.14crores;its consolidated NAV is Rs.477.20p.So the current market price is less than Rs.100.00 is very cheap and the potential to bounce back is great.We must hold on to this share for long term and enjoy the benefits of this group. 
BSE Announcements on McDowell Holdg
Posted by : KALKIBHAGAWANTracked by: 0 Boarder
It is just to conserve capital.Otherwise this company is very good in revenue earnings.As per their latest balance sheet its total dividend received from their group companies is Rs.110.38lakhs;Comn received is Rs.68.75lakhs;General reserve is Rs.32.63crores and paid up capital is Rs.12.14crores;its consolidated NAV is Rs.477.20p.So the current market price is less than Rs.100.00 is very cheap and the potential to bounce back is great.We must hold on to this share for long term and enjoy the benefits of this group....
In reply to:
BSE Announcements on McDowell Holdg
Posted by : KALKIBHAGAWAN
It is just to conserve capital.Otherwise this company is very good in revenue earnings.As per their latest balance sheet its total dividend received from their group companies is Rs.110.38lakhs;Comn received is Rs.68.75lakhs;General reserve is Rs.32.63crores and paid up capital is Rs.12.14crores;its consolidated NAV is Rs.477.20p.So the current market price is less than Rs.100.00 is very cheap and the potential to bounce back is great.We must hold on to this share for long term and enjoy the benefits of this group.
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