Pressman Advertising

CMP: 24

Pressman Advertising Limited operates a full service advertising agency. The Company engages in providing clients with advertising, design, media planning and buying, market research, and public relations services. Pressman Advertising serves clients throughout India.

Pressman Advertising is a 58 Crore penny cap stock trading at a P/E of 14 with dividend yields of nearly 3% in the last 12 months. Pressman Advertising is the first listed Ad agency. Its a dark horse and is in its early stages of being listed. What is important is that its a Zero debt company, which is always a comfort zone for retail investors. Financial results are only available for the last 2 months. Looks to be a decent penny cap bet.

Net Loss - for the year Mar 2013 was at 0.09 cr -- as against this the current year's 9 months-- improved NP to 5.03 cr ( including extraordinary income of 2.06cr).This envisages clear upswing in its business activity on profitable lines which should reflect in its stock price...cmp-20

You are always welcome..

Is this still a buy?
Thanks in advance.