Geodesic - is it cheapest stock or is it worth it

. Friday, July 23, 2010

I don't mend to offend any one but has any one tried this product Mundu. It seems expensive. This stock has High ROCE and lowest PE in my test but the problem is the product.

In simple terms Mundu is and Instant Messenger for Mobile. I have an mobile Nokia e71. I and my friends tested Nimbuzz. It too is an IM that can be utilised to communicate between pc to mobile or mobile to PC or pc to pc. The best thing is it is free. I haven't used this Mundu Product but searching in Google's image search the product seems similar.

If given an option I would choose among 1000's of free IM's on net than paying for Mundu (except for the reason that it's Indian- Nimbuzz is a far better product than paying 500 bucks for Mundu)

So from what I understand the product must be for some corporates or people with high bucks who don't love free options (there are many fring, ebuddy, yahoo IM, Nokia's built in IM etc.) or it might be something like salmankhan's watch (i mean luxury brand) which can't be compared to a titan watch.

Subbuji has rightly pointed out the company to survive must either do some R&D or build websites to sustain itself. I wonder how that high ROCE, is it due to some super management of any financial gimmickry here.  So folks I would recommend an exit if you are in profits.

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