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Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
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Wednesday, November 11, 2009

Media Matrix Worldwide Ltd:Analysis/news/views,buy/sell,future prospects and outlook

Scripscan:Media Matrix Worldwide Ltd
cmp:5
Code:512267

Story:Media Matrix Worldwide, Ltd. produces content, television and music software, and feature films in India. It produces television serials in thriller, romance, and comedy genres. The company also engages in arranging film completion guarantee bonds; the production of corporate Ad films; launch and production of music videos; and development of animation and software products. In addition, it operates an animation studio, as well as provides event management, and film production and marketing services. The company was founded in 1985 and is based in Mumbai, India.Even after spending nearly 25 years in the industry the company learned nothing.Pathetic financials,lethargic management all adds to the woes of the investors.Why the heck in earth would one like to buy the counter of this quality at a marketcap of 40crs?This are simply albatrosses which moves with the wind shows its "aukwaat" when the storm stops.I am just penning the articles to safeguard the vested interest of simple retail investors else its not worthy of bagging such a sizeable note from me.

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