I checked from my sources in Chandigarh, that KBCL is coming to launch TV channel very soon. They have all the setup ready and will be announcing the TV channel opening somewhere in last week of nov or first week of dec.
It seems to be a good investment bet keeping a horizon of 6-9 months. It is expected to cross 20 by March 2010.
If anyone has any other information, please share.
Looks like they have able to tieup funds by mortgaging some property .. may be their Chandigarh Studio itself. Any way does not matter. whatever be the junk fundamentals in a market like this one can still make decent returns from KBC. I expect it to cross 15 in a months time cool
if the annulised eps 6 is the real one then stk shud be quoting at not LESS THAN 30 ON THE lower side as media stk quote at agv multiple of 30 to 50.
if n when new investor joins hand for further expansion rerating will take very fast.
risks are high so are exceptional gains cud be waiting.......
Do u believe figures.Without any capital and work if co shows eps of 6 something is wrong somewhere.2 years back this co gce ads that it is starting 8 channels.What happened?Now again same ad in print media unlike preveous ad on T.V.what is cooking?
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