1. PE ratio is high as compare to Industry PE
2. ROE is in -ve
3. Price is trading at its lowest.
4. Profit and eps are -ve.
5. Free cash flow is -ve.
6. Working capital Days is very high(screener)
7. Inventory and Debtors days is very high. (screener)
Apart of this, there could be various other reason, which I can give before buying this stock at present.
General conception
1) China, which uses half the world’s supply, is a biggest part of that story. “They’ve been building real estate ferociously for decades.
““BEIJING, Jan 18 (Reuters) – China’s property sector fell 5.1% in 2022 from a year earlier, value-added data from the National Bureau of Statistics (NBS) showed on Wednesday, heaping more pressure on policymakers to revive the sluggish sector in 2023.”
When considering any market predictions, it’s important to keep in mind that commodity prices are highly volatile. Now the impact is Inventory is very high but there is less demand.
My finding about Madhav Copper Ltd
1. PE ratio is high as compare to Industry PE
2. ROE is in -ve
3. Price is trading at its lowest.
4. Profit and eps are -ve.
5. Free cash flow is -ve.
6. Working capital Days is very high(screener)
7. Inventory and Debtors days is very high. (screener)
Apart of this, there could be various other reason, which I can give before buying this stock at present.
General conception
1) China, which uses half the world’s supply, is a biggest part of that story. “They’ve been building real estate ferociously for decades.
““BEIJING, Jan 18 (Reuters) – China’s property sector fell 5.1% in 2022 from a year earlier, value-added data from the National Bureau of Statistics (NBS) showed on Wednesday, heaping more pressure on policymakers to revive the sluggish sector in 2023.”
When considering any market predictions, it’s important to keep in mind that commodity prices are highly volatile. Now the impact is Inventory is very high but there is less demand.