Shriro - a value play, page-33

Hi,
I ended up getting there late so missed the main part. However, had a chat with the chairman, a NED, CEO and another investor. Key points: a) no further guidance for FY 16 or beyond, b) still not really convinced about reasons for the share sell-down, c) great culture - lots of employees at the AGM and feedback from EVERYONE is it a great place to work (free beer and food at the AGM probably also helps), d) investment occuring this year to produce flow through in higher profit for 17 & 28, e) Casio is a family owned business and relationship is very strong - will take a lot to stuff it up (although the market may not ever out a decent price on this part of the business). Stock is cheap, but mis trust is high. So will take some runs on the board from decent growth to get trust back in the stock.