Member Info for 4Corners

Agree with Amtech. Reasonable price would be 20p with the current EBITDA levels. But given the highly levered nature of the company, any improvement in EBITDA will be extremely positive for equity.

Where do you see the trade reversed?

Even better.....cant believe a single person borrowed such insane amount of cash and made it disappear. I wonder if he wants to claim 'this wasn't me - it was someone else' story
Atleast in the case of Madoff, it was a ponzi scheme where he paid the next sucker......

https://www.arabianbusiness.com/healthcare/446974-br-shetty-owes-250m-in-loans-to-indias-bank-of-baroda

Not sure if this is on top of NMC's debt pile or a separate one....

https://www.bloomberg.com/news/articles/2020-05-12/nmc-health-administrators-are-said-to-kick-off-asset-sales

https://gulfnews.com/business/banking/abu-dhabis-nmc-healths-finance-chief-gets-a-seat-on-indias-repatriation-flight-1.1589091417655

Don't forget to report the IR guy to the CFA Institute, being a charterholder, for those minor ethics lapses.......(unless he was a whistle blower). I know it sounds harsh, but anyone who had the faintest knowledge of the fraud and was in a position to call it out should not have a career elsewhere in finance!

Meanwhile the shetty fraudsters are enjoying their life! The worthless son and his new venture - https://app.carenetweb.com/
I wonder where the ****ty wife, and the ****ty son in law (head of trading division) are.....

@ SamAD - they ran out of toilet paper at lulu?

Pretty sure that Shetty, KBBO and their representative management is all in on the fraud. Hope some level of justice is served, although with most of them escaping to India and elsewhere, odds are low. Would point out that Hani B. (the well paid CIO, and KBBO man) is a UK citizen though - (is the SFO watching?). Interesting to note that the team page has been removed from the KBBO site (http://www.kbbogroup.com/about/leadership-team/)