Worst Buyback In NSE history It will be called off(cancelled) due to high dilution already, we have seen such corporate governance before too, its my humble opinion sell the stock if you've purchased because soon this news will be public and it will crash to 800 levels. As of now the fibonacci retracement and my other macro economic scales are showing a crash is near. We don't deserve this treatment and hence Im taking short positions on monday so i can make the money I lost due to mismanagement by HGS.
You're absolutely right, This is a very shady looking company and this month it was probably shortlisted for BSE ASM surveillance list because of claims about SHARP SELLING by promoters before buyback, they will be going for delisting. I hope this platform enables me to reach people and warn them how their hard earned capital will be erased if they don't sell
@Abirath & @ Mahavesh Can you please share your source of this information. I have not read anything of this sort... Company has positive cashflow, zero debt, coming with buyback from the cash earned... Hence your statements are confusing... if you can share your source that will help all investors...
Dont spread fake news and dont panic. Midcap & smallcap corrected drastically thats why share price also fallen sharply AR is expected to 50-60% so even at price of 1000 you are in profit dont panic and also dont spread this kind of fake news
It will be called off(cancelled) due to high dilution already, we have seen such corporate governance before too, its my humble opinion sell the stock if you've purchased because soon this news will be public and it will crash to 800 levels. As of now the fibonacci retracement and my other macro economic scales are showing a crash is near. We don't deserve this treatment and hence Im taking short positions on monday so i can make the money I lost due to mismanagement by HGS.