You are not eligible to view 24 messages. To gain access to more recent message posts signup free for membership.
39
member
8/20/15 11:33AM
Re: Re: RAGING Short
38
I hope some people made money on this because I know too many (myself included) who thought it was a zero yet lost money shorting the stock. Congrats to all who posted shorts and had
They are in the market with a bond deal. I've been going through their financials and there are a whole host of things which give me pause:
1) host of related party transactions with CEO having... login to read the rest
Anybody following this battleground name? Timing of debt refi remains troublsome
This recent write-up was not us yet we found it instructive: http://seekingalpha.com/article/2214053-amira-nature-foods-new-risks-create-more-than-50-percent-downside
Summary
Auditor resignation likely to delay refinancing and open up Company to potential restatements given... login to read the rest
Anyone read the recent article on SA?" Seems rather compelling to me. As usual, sell-side appears asleep at the wheel. Any thoughts?
http://seekingalpha.com/article/1964081-amira-nature-foods-an-overvalued-company-with-multiple-red-flags
Also, I'm curious to hear the bull response or perception of the Hain's purchsae
Did somebody post a comment stating that "VIC folks don't derive any finanical benefit from the site"? I must have missed it. Or maybe VIC removed it before I had a chance to read it.
Well actually, yeah. Why should VIC carry water on the legal side for an anonymous poster who is using their venue to drive profit for themselves? VIC isn't the ACLU. Any VIC member has the... login to read the rest
Probably because they don't feel like paying lawyers to fight frivolous lawsuits. Personally, I'd rather have them use the money to continue handing out the $5k prizes than to make a first amendment stand on... login to read the rest
It is clear that Amira Nature Foods is protected by powerful forces. I can only speculate that the basmati rice market is under the clandestine control of the Mafia and / or Skull & Bones.
it's really bizarre that two negative writeups were removed from VIC. makes you wonder if the company somehow got access to it and threatened them or something.
Do we know who were the banks that god repaid with IPO proceeds? I noticed in the prospectus that the CEO gave personal guarantees on all outstanding bank debt so it would make a lot... login to read the rest
you are probably using the B/S form 9/30/12 which is not pro forma for the IPO, which ccured in early October. If you refer to the pro forma B/S in the prospectus, you will see... login to read the rest
Are you sure you want to close this position AMIRA NATURE FOODS LTD?
By closing position, I’m notifying VIC Members that at today’s market price, I no longer am recommending this position.
Flag AMIRA NATURE FOODS LTD for Removal
Are you sure you want to Flag this idea AMIRA NATURE FOODS LTD for removal?
Flagging an idea indicates that the idea does not meet the standards of the club and you believe it should be removed from the site. Once a threshold has been reached the idea will be removed.
You Cannot Submit Message ... Yet
You currently do not have message posting privilages, there are
1 way you can get the privilage.
You can apply for full membership by submitting an investment idea of your own. Or if you are in reactivation status, you need to reactivate your full membership.