a number of cos came some 15 years ago promising teak plantantations ===============all vanished into thin air =================they are doing business or to say agriculture business in ethiopia which is in civil war and known for pirates ========one has to think twice before venturing =============their dividend is also so so ==========
Mr. Murthy, what you say is true...but isn`t that applicable to ALL companies who are venturing into new business areas, expanding and taking a reasonable business risk. Please refrain half-minded comments. More importantly if u don`t like the stock why comment on it anyway ???? hmmmm....maybe ggpalan is right... :-)
Please do not compare Karuturi with past teak wood plantations company. Please tell yourself by touching your heart is Karutri global company like that?
Definitely your answer will be NO.
Can you tell me one businessman name in those company who had received Frontier Hundred Merit for the business.
Definitely your answer will be NO.
Can you tell me one businessman name in those company who had received Business Excellence award for agriculture or any other from some great organization like Corporate Council of Africa.
Definitely your answer will be NO.
Karuturi is not a roadside finance company. Please do not ignore that.
Dear GK Murthy,
As a investor i would think, before investing its basic responsibility to point out both positives and negatives.... but just pointing out the negative would make some beginners very doubtful about investing in this company. Karuturi has a lot of positives. Just go through the net and you would see many report and data which are not only published by the company but by very good advisers. Hope you would be interested to get the data and reports and go through it before comparing this stock to some teak plantations.
my dear friend ==================we can believe if a person does business in south africa or even kenya but not in ethiopia or honduras or chile ============that is my main concern ================
Chile is one of the Cleanest Countries in South America with little or No corruption. I am sure no one in South American Continent will be amused by your comparing to Ethiopia. By the way Even Ethiopia is quite progressing now . I am not saying that you do not comment But Please do with responsibility .Capt Anil Sharma .Working For CSAV one of the Oldest Shipping Companies and Head quarter in Chile.
Mr Murthy you have valid concerns. You should stay away from the stock and this counter. let the one`s who can bear this risk reap the fruits of return (if any if ever).
Now to those who are sticking to this counter, if properly executed this stock by this time next year should atleast be 2-3x and if the timing is right and inflation hits the fan, then you are looking for 5-10x return from here.
For sample you can see how the palm oil stocks from indonesia and malysia reacted when palm oil hit the highs in 2008.
| NIFTY 
