Pplease provide intelligent rational arguments if it is worth holding MAN Industries. I feel that growth is there in the company but dilution of shareholding is the problem. My Guess is that all the money coming in from dilutuion is going into Capital Expenditure. If MAN has shelved future Capital Expenditures then we should see growth in share price.
from peak high price of rs 178 and peak low price of rs 20 promotors of man industries were indulged in buying and selling of their shares
now again they have taken 25 lacs warrant at price of rs 35 per share whereas book value of man industries are quoting at price of rs 75 above
is it not total injustice to minority public shareholders by management
so untill and unless promotors give up their self interest and think for minority public shareholders no one should trust frequent announcement made by management of man industries in media