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Sunday, April 29, 2012

Kaleidoscope Films Ltd:Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Kaleidoscope Films Ltd
cmp:26
Code:523810

Story:Kaleidoscope Films Ltd. engages in the media and entertainment business in India. The company is based in Vadodara, India.The Company is focusing to obtain music writes for Medium,Small Budget Hindi Films and also looking for joint ventures to make and launch Musical Albums with well known singers in Bollywood which is internationally recognized Film Industry after Hollywood because of the high tech technology and high quality films production houses.Future plans also include exploring opportunities to tap small screen (TV) as broadcasters or content providers in Indian markets at an appropriate time,either directly or through strategic partnership to focus on the core business.Media and entertainment business is a risky industry to delve in,if ones plans at all they would be better off sticking to the industry leaders with deeper pockets.A company with 20cr sales and 20 lakh profits attracting a marketcap of 170crs is ridiculous.Sell and move on to other bets.

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Posted by Arun Mukherjee at 5:40 AM
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