KFA will surely revive..considering on debt free basis it can fatch easily 5000 crores..even today...so prudence is on making it debt free and the sold it to some able hands..and business doesnot run on any whims..it runs on prudence...so it will revive for sure...
Yes ravi you are right. It is foolish to averaga in stock going down from 60 to 6. that will be desperate gamble.I added some share once FDI news came at 12.50 which I could not dare to buy at half of price few days back.I am mentaly ready to loose this money.But hope if
thing work out it will give good return, Any case we can not make money in all our investent.
Mr Vijay Malllya has good name in his LIQUOR field all over the world. He also must be making good killing in his worldwide business. Why he got into this mess is not understandable. He might have trusted some untrustworthy advisers besides thinking positively about govt coming to his support. However, at this stage, he should sell off the entire stake in Kindfisher once for all and concentrate in his core business without any more delay.
it is high time to allow KFA TO Any possible restructuring to withstand this crucial survival mode.bridge loan may be arranged for the payment of employees salary and immediate cash obligations . what is the use of delaying once you have decided to permit FDI in avaition?