Pyramid Saimira Theatre : Pyramid Saimira Theatres ltd : Pyramid Saimira Theatre Stock
Pyramid Saimira Theatres ltd
BUY Downwards @ 22.29 TARGET ATLEAST RS. 50
ISIN: INE165H01018 Media & Entertainment
Market Cap - 48.97 EPS (TTM) - Nil P/E - Nil P/C -
Book Value - 66.31 Price/Book - 0.28 Div(%) - 0.00 Div Yield(%) - Nil
Market Lot - 1.00 Face Value - 10.00 Industry P/E - 14.84
STRONG REASONS TO BUY THIS PENNY STOCK
Still in better situation with competitors like Adlabs around Rs. 230 reported net operating loss in last quarter of Rs.17 Crores & Pyramid at Rs. 17 reported net operating profit of Rs. 9 crore.
World’s 3rd largest Cinema operator.
Stock is approximately 96 % down & loses it’s 94 % market capital within year. Trading Near Life time low i.e. Rs. 13.35.
Last quarter reported net loss of Rs. 74 Crore but that is not from it’s running primary business. That is due to a big flop film of Superstar Rajnikant. Operating profit was still Rs. 9 Crore. This loss creates confusion to investor, this year end quarter may also report net loss because payment for tax around Rs. 27 crore is still to show in this quarter.
Still Hold by Some Mutual Funds & Foreign investors. I.e. ICICI, Religare, Bennett Coleman, etc.FIIs/FIs purchased in last quarter that will shown in shareholding pattern issued with April results of PSTL is little over 12%, while PE players such as CitiGroup Global Markets, Bennett Coleman & CO, Mavi Investments hold 3.41%, 1.77% and 1.81%, respectively. Punjab National Bank is another shareholder with 3.54%.
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