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Moneycontrol.com >> Messageboard >> Stocks >> UB Holdings >> The Debt of the company is more than it`s value
   You are here :     Moneycontrol     MMB    Stocks      UB Holdings                         Most active discussions of 2006 , 2007 & 2008
The Debt of the company is more than it`s value (9)   25-May-09 21:39Track this thread   Tracked by (0)  
Posted by:   nutanprakash on ( 25-May-09 21:39 )
Price : BSE: Rs 235.10 ( 9.99 % ), NSE: Rs. 233.95 ( 10.02 % )
Book profits. I bought at 64 and sold at 230. I exited this stock, although it can go up more, since it has a lot of debt. Fundamentals are a bit out of place. Management is looking for a strategic investor. And it is this news that drove this stock up from 60 to 130 (prior to elections).
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