Sriram Ragunath.J
Tirupur
29 July 2013
Mr. Aditya Puri
ISGEC Heavy Engineering Ltd
Dear Mr.Aditya Puri,
Sub: Financial performance of ISGEC
It gives me immense pleasure to be a shareholder of ISGEC Heavy
Engineering Limited. I have gone through the annual report of the company’s performance.
The results of the company satisfied me since the share price has been
increased in the BSE. A little of a more effort will be helpful in developing
the share of the company, which will flood the company with more players.
As
an investor ranging between 300001-40000, which has upset me since the price
value has been decreased in an inconsistent manner, which led to a depreciation
of 22 Rs per share. Since the investments made by me is of large volume which
literally faced losses. By analysis of the liabilities in the balance sheet ,
which gave me a sigh of relief .But the profit margin attained by the company
is less compared to that of the Q4 profits last year and especially in the
month of February the company ‘s work was appreciable. The auditor’s report is
transparent, but the tax report is blurring and requires precise information.
Since the company is heading towards the profit, I request to increase the
dividend, particularly the stock dividend which will encourage the mid-volume
share holders to invest bulk.
I am happy with company’s performance a little more effort is to be put
so that it will help boost the company’s capital from the share holder’s side.
Thanking You,
Your’s
truly
Sriram
Ragunath.J
There are few corrections which i actually noticed
ReplyDelete.The total letter is not aligned properly,when writing a letter to a CEO the letter should be properly aligned.
.You have written a letter to discuss about the financial performance of the company but the letter does not explain anything in detail.
.When it is a formal letter the letter should end with "sincerely" yours ends with "truly" which is not a proper style of ending a formal letter.
.You have spoken completely in your point of view telling that you where happy with the company's performance at one point of time and you where upset at one point of time. your views are always welcome but it should be in an indirect way.
like if u are not happy with the company's performance u can mean it like "I was really happy with your company's performance but i wish it could have been much more better because your company has that capability to perform and reach still more heights".
.last but not the least the letter format is not proper,so have a check before you post it.
Thank you
A little of a more effort will be helpful in developing the share of the company, which will flood the company with more players.
ReplyDeleteEnglish was killed well here and in many places.Confused communication