100% increase in 1st half profits28 Nov 2008 16:15
Help me here - these guys have just posted another huge (100%+) increase in 1st half profits compared to last year. They also tend to backend profit with last year showing 70% of pretax profits falling in the 2nd half (due to the dates Indian holidays fall) yet only a minimal increase ishare price.
I don't want to keep going on about this share because 'll get boring and I know that ther are many other shares which also look very undervalued but I'd love somebody to point out what I've missed because I think that a business showing such rapid growth which is still relatively liquid/cash generative and profitable in an industry which should be pretty immune to recession would be an ideal place to invest.