Listed at Bse, Nse, Pressman is the only advertising co listed at stock exchanges. And this is amongst very very few ad companies which have not sold out to Global ad giants. Promoted by Suchanti family, Pressman is amongst the oldest Indian ad companies .
Pressman has been reporting consistent profits with excellent profit margins. Decent dividend payout. Moreover co is in biz where big capex is not required to ramp up the business. AND, profit margins increase on increased biz. Company already has excellent ROE, ROCE etc.
There is no immediate trigger for share price to shoot up. But every investor should hold this scrip in his portfolio. It is a CONCEPT stock, available at very small market cap.
once it catches attention of some big HNIs, or comes on radar of brokerage houses, share price can be on fire. Scrip in normal course can double in 9-12 months. If scrip develops fancy amongst investors and brokers, scrip can even triple/quadruple in 24-30 months
A GREAT VALUE buy for GENUINE INVESTORS
No comments:
Post a Comment