What's your take on Adani?
Employees what's going on internally with the company? How's the growth and work?
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Ticking time bomb on the economy?
Yes and the timer has already started. Worse economic situation to come this year. And not only adani, the government of India is also a joke as LIC has invested 87380cr of public money on adani at all time High prices. Modi sells fairy tales outside but inside all these shady things go on.
87,380 cr ?? WTFF.
One of my colleague said, the report tha hendenburg showed was well known to internal employees. This company work like this only just a matter of time, once govt changes this bubble will blast
Oho. Looks like big crash on the way!
It’s tricky.. they are hugely leveraged for sure, but their businesses are backed by hard assets too. and as they get into strategic businesses that help extend India’s sphere of influence, govt support can be expected as well. Much of what hindenberg wrote is common knowledge. Shorting the stock is one thing, causing a complete collapse in share prices quite another.. let’s see what happens..
Since they’ve got the whole govt backing them up and a major chunk of our economy riding on them especially with elections around I feel they will be left with a slap on the wrist.
Prob a good time to invest on their stocks as they’ll be going up soon in my opinion.
They’ve built some rock solid businesses.. while stock is over valued (astronomically).. they have cash cow businesses..
Most Scamiest Company on Earth
Hi Boomer, how is your life bluming? Are they giving you enough time to apply elsewhere?
Scam 2022
Adani is a traditional company. There is more asset than debt unlike inflated startups. The company is victimized due to its market capture in foreign projects. It's just competitors trying to rupture the growth. They will have a successful FPO and incoming investments in coming months. The growth story will continue.
So bad I stay clear of ANY mutual fund holdings that have an Adani stock in them.