Snowman Logistics

#1
Need your view on Snowman Logistics. Recently been acquired by Adani. From last couple of year, company was in loss.

Looks potential in the company and after accquisition, the new management will run the business properly.

I've some holding in this stock and want to increase my holdings. Recommendations please.
 

Alchemist

Administrator
Staff member
#2
I agree that the company has a lot of potential, but whether Adanis will be able convert this potential to real growth/profits is difficult to predict.

I suggest you wait for 2-3 quarters and see how well the new promoters can turn around the company.
 
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