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Alphageo (India)
FY09 Q2 Results
Posted by :
valuepickTracked by: 0 Boarder
Dear Manish
You are right,such a clarification was necessary from management side at least for the existing share holders.May they have some plans to purchase from open market in a panic after showing such a bad result without any notes....
In reply to:
FY09 Q2 Results
Posted by :
bhojas
Dear Valuepick,
I verified that out of last four years data FY05-08, their september quarter results were bad compared to other quarters as you right stated the reasons. However, this time the quarterly results were 0, so I was surprised. They should have at least put in the notes saying that there isn`t any business for Q2FY09 due to heavy rains/floods.
Thanks for clarifying.
-manish
FY09 Q2 Results
Posted by :
bhojasTracked by: 0 Boarder
Dear Valuepick,
I verified that out of last four years data FY05-08, their september quarter results were bad compared to other quarters as you right stated the reasons. However, this time the quarterly results were 0, so I was surprised. They should have at least put in the notes saying that there isn`t any business for Q2FY09 due to heavy rains/floods.
Thanks for clarifying.
-manish...
In reply to:
FY09 Q2 Results
Posted by :
valuepick
Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly.
FY09 Q2 Results
Posted by :
valuepickTracked by: 0 Boarder
Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly....
In reply to:
FY09 Q2 Results
Posted by :
bhojas
Can anyone explain why there is no business for alphageo for Q2 FY09. The data on NSE shows 0 income for Q2.
-manish
FY09 Q2 Results
Posted by :
bhojasTracked by: 0 Boarder
Can anyone explain why there is no business for alphageo for Q2 FY09. The data on NSE shows 0 income for Q2.
-manish...
BSE Announcements on Alphageo
Posted by :
MMB MessengerTracked by: 0 Boarder
Alphageo (India) Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008....
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