@Mayur_Jha1@SHAIKKHADER786@jagan12211972@pugalia_piyush@anandadhikari No commitments met whatever they said. Every now and then they change statements or plan and blame it on government or situations. If they are performing soo well and making profits why is it trading at 5 multiple like really? No one is interested to buy the stock??
@Mayur_Jha1@SHAIKKHADER786@jagan12211972@pugalia_piyush@anandadhikari Sir, I am a shareholder and have been holding from past 3 years. Why would I try to spread negativity. I am asking genuine questions
Without doubt I am saying they are growing and making profit only for themselves what have they done for shareholders you tell me?
@SHAIKKHADER786@jagan12211972@pugalia_piyush@anandadhikari I did the same. They have to upload it after A which happened in December.
I checked in March they have uploaded FY 23-24 data wantedly which is a warning sign for investors.
Wantedly not showing that they sold on top
@SHAIKKHADER786@jagan12211972@pugalia_piyush@anandadhikari Are you aware that Polymatech has not even upload latest shareholding data of FY24-25 in MCA. They wantedly uploaded Fy23-24 data because all the shares were sold at top. That's why they are hiding it for now.
Cautious#Polymatech#SEBI
@jagan12211972@pugalia_piyush@anandadhikari From 3 years people who have directly subscribed preferential shares from company at 50 and 60 also hasn't made q single money.
3 years is a long long time. The only one making money here is the promoters
@jagan12211972@pugalia_piyush@anandadhikari That's the real question..
Only company is growing and diverting funds which was raised from Indian investors and money made by selling shares at top is being transferred abroad.
No doubt company is expanding and growing.
But don't forget your roots. Because of investors
@UnlistedShareHQ The lag is huge. It reached 10,000 crores valuation 2 years back after that soo many developments happened but valuations took a crash always. No commitments of MD was met. Have you tried to find out if the balance sheet is clean? Because the never release on time. Audiors resign
@anandadhikari They are only famous for making BOLD statements and not sticking to them. They keep changing the plan and push the reason to either government or circumstances. Also heard the machines was sent from Chennai plant which was existing and not in use.
@anandadhikari Exactly I have been asking them the same through emails. No response at all. Infact they don't shareholders and keep asking how many shares do we hold they think it's penny.
Only Bold statements by them no revenue guidance. No timeline. Infact whatever they have given not met
@KuberGrowX Very important for company to guide all investors who have been waiting eagerly for merchant bankers and fund raise since they are the ones who have mislead investors and now not meeting the commitments.
@KuberGrowX The problem here is they are only trying shit focus.
They aren't doing anything in India. And all the money raised previously and promoters shares sold at 10,000 valuation was done in India. And now they are smoothly shifting money abroad.
No updates on Chattisgarh roadmap.