Rel Media does not work –or does it

21 February 2011 - 10:32 am

Reliance MediaWorks dec10 Q3 net loss widens to Rs 57 cr VS 27cr
 
9month loss at rs 156cr vs 103 loss !!
 
Book value after 9months dec 10 loss at Rs 47
 
AT FV RS 5 –Y is REL MEDIA WORKS trading at Rs.143  ??
 
Let stockmarket decide its fate !!
 
–FULL RESULTS>>
http://www.bseindia.com/xml-data/corpfiling/announcement/Reliance_MediaWorks_Ltd_150211_Rst.pdf
 
 
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/reliance-mediaworks-q3-net-loss-widens-to-rs-5704-cr/articleshow/7499728.cms
 
 “Trust is like a vase.. once it’s broken, though you can fix it but the vase will never be same again.”

 ADAG  trust broken since 2008 !!

What chart says ??

Our Short Term Target :129-108 !!

Long Term Target :Rs.45 !!

Do u want to know anything else ?

Send us mail at anirudhsethireport@yahoo.com

Updated at 10:31/21st Feb/Baroda

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