The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
eros are to release some hit films very soon
i do not have the time to explain to u everything, just keep watching, eros 1900 content library provides about 60% of the revenue alone, music and films are deep embedded in indian culture, eros are working with the biggest actor/actress in india, bollywood is the second largest in the world, indians population is over a billion and growing and so is the economy, film sector is set to grow to $30 billion from now till 2012!
Eros International , the world's biggest distributor of Bollywood films, rose 27.2 per cent to 78¼p after an investment vehicle controlled by the Lulla family declared the purchase of 1m shares at 63p each. The family's holding now stands at 69.3 per cent
http://www.ft.com/cms/s/0/0be9e840-1038-11de-a8ae-0000779fd2ac.html
its only when they xchange the rupee to doller
market cap!! check out their last result
this share, and thats with 25%
they need the shares to cover shorts im quite sure, this is just begining of the rise
honestly
check out rns, i think its more
£2 - £3 there will be another trading update and more films will be released, have a look at last intrim result, it should be eye popping
its still cheap
like i said these should of never been at these prices
i bought at £1.45 but averaged down and bought some today at 59.0p
hedge funds facing redemptions and are forced to sell for whateva price they can get thus causing depression on the companys share price like eros case and as u can see yesterday over 2million shares were traded so it looks like someone has taken these shares so that it now can recovery and it will, these are very very cheap, eros profit will be ahead of last year the only reason it might not beat market expectation is due to the xchange rate but this will improve, this has been tipped so many times by scsw and investors cronicle and verious newspaper, everyone cant be wrong
get in this quick forced seller is cleared
this is good news for eros, results will be excess of the previous financial year ended 31 March 2008, thats the only company i know thats beating the market blues!
have a look at their interim results,,, theres no way it justifies the current share price
that was totally unexpected, i really thought they sorted the mess out with last rns, who could of seen this comming, if u look at the assets its world class, bloody director, anyway lets wait and see
tipped in scsw again, u will thank me for this one