Few - Extensive - Neglected

The chart below depicts the share price of INDOBORAX at the end of each quarter along with the EPS recorded in each quarter. Some interesting points about the graph

1. Phase 'FEW': During the period 2005-07, the spike in the price used to happen one quarter before the EPS announcements, the stock was covered but not extensively


2. Phase 'EXTENSIVE': During the 2008-09 period the stock began to get a lot of attention, the price went up 1 year in ahead of the EPS


3. Phase 'NEGLECTED': During the 2010-11 period, the stocks is not followed, no aggressive expansion by the management, well they dont need to, there plant is running at 45% capacity only, people loose interest, the price moves after the EPS has been announced.

Interesting Graph!!