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Eros - Rescheduled four films

March 2009

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EROS
  • Price:
  • 60p
It’s remarkable that the US dollar is strengthening against other currencies given the serious economic problems that persist. It is showing remarkable strength against emerging market economies such as India even though the Indian economy is expected to show positive growth this year against the US, which in grave decline. In part, the dollar strength is explained by needy US investors selling overseas assets and repatriating funds. In the case of the Indian Rupee it recently fell to a record low of 52 against the US dollar, against 40 just a few months ago. This is having an adverse affect on Eros, which carries out half its business in India and has materially reduced the value of the group's revenues when translated into its ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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