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Originally posted by prasadhasan:
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The news is already known. This type of frequent trumpeting announcement just before the actual announcement of results cast some doubts on its actual results and profitability part which APT tries to hide as much as possible by only highlighting the significant revenue increase, that great. However, going forward they should give some trajectory and timeline on profitability. They are no longer a penny stock which relies on the frequent forward-looking speculative announcements. There is no doubt their achievement is great so far. But investors would like to see a detailed annual report and do some SWOT analysis, before investing further into this company at this price level.
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Can't help but feel the same even though I'm a long term holder. Why release two pump announcements instead of leaving it in the annual report which is in only a few days?
