KRK says Eros has financial trouble; share prices drop

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angrybread

@angrybread

Sparkler

+ 2

Posted: 10 years ago

#11

What and how 😲

They had some really successful hits/Super hits/ATBB etc recently - BB, TWMR and recent success BM so why are they struggling financially or did they play a diff game in order to have more successful movies in their kitty ...i am confused now😕

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707793

Suspended

Posted: 10 years ago

#12

Originally posted by: angrybread
What and how 😲
They had some really successful hits/Super hits/ATBB etc recently - BB, TWMR and recent success BM so why are they struggling financially or did they play a diff game in order to have more successful movies in their kitty ...i am confused now😕

The stock has been sinking since mid-October, when an anonymous Twitter user calledMarket Farce began claiming that reported UAE sales aren't legitimate and challenged the company's number for Eros Now customers. On Oct. 23, analysts at Wells Fargo & Co. said they weren't satisfied by answers the company gave on a call held that day to combat the accusations.

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angrybread

@angrybread

Sparkler

+ 2

Posted: 10 years ago

#13

Originally posted by: ZanduBaaM

The stock has been sinking since mid-October, when an anonymous Twitter user calledMarket Farce began claiming that reported UAE sales aren't legitimate and challenged the company's number for Eros Now customers. On Oct. 23, analysts at Wells Fargo & Co. said they weren't satisfied by answers the company gave on a call held that day to combat the accusations.

@ bold sales of what ?

Kya ghapla hai yeh

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707793

Suspended

Posted: 10 years ago

#14

Originally posted by: angrybread

@ bold sales of what ?
Kya ghapla hai yeh

http://www.bloomberg.com/news/articles/2015-11-05/eros-loses-investor-love-amid-questions-on-sales-user-numbers

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angrybread

@angrybread

Sparkler

+ 2

Posted: 10 years ago

#15

Originally posted by: ZanduBaaM

http://www.bloomberg.com/news/articles/2015-11-05/eros-loses-investor-love-amid-questions-on-sales-user-numbers

Thanks for that , these finacial numbers and data go above my head 😆 but still some points in plain english stood out for me .

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Winzy

@nicegirl_good

Sparkler

+ 4

Posted: 10 years ago

#16

Great time to invest on their shares 😆

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blue-ice.

@blue-ice.

Achiever

+ 4

Posted: 10 years ago

#17

Originally posted by: angrybread
What and how 😲
They had some really successful hits/Super hits/ATBB etc recently - BB, TWMR and recent success BM so why are they struggling financially or did they play a diff game in order to have more successful movies in their kitty ...i am confused now😕

EROS played dirty with BM...ZERO sympathy for them🤢...BM ne kangaal kar ke rakh diya🤣