Friday, June 12, 2009

IKF TECHNOLOGY:ONLY SPECULATION ?


Sir I would like to know about south india based company IKF TECH. It is said that it will become multibagger in next 3 year. Is it true? -ASK BY SHRI ANIL VISHWAKARMA BY MAIL

1. Ikf technology is a small software company which face value is 1 rupee per share
2. If you want to visit IKF technology site then please go to http://www.ikf-technologies.com/
3. Indian oil limited is a client of IKF technology
4. IKF Technologies Ltd. is Public Limited Company incorporated in the year of 2000 with the main objective of promoting IT, ITES, Telecom and Alternative Energy Resources across the Globe.
5. IKF Technologies has an Onshore Development Center at Germany, US, and an Offshore Development Center in Noida, India. The development centers have modern and well-equipped infrastructure.
6. Promoters hold only 14.43 percent stake in this company and general public hold 69.35 percent stake so it is a very very bad sign and it clearly identifies that this is an operator driven penny stock, which speculate, based on operator rumors and no fundamental sport in this stock.
7. So we advise our investor (read disclaimer before investing and remember our view is negative in this stock) that it is possible this share give you a decent return on speculation basis but this is not a good stock. So only high risk profile and speculator can enter this stock other small and medium investor please do not invest in this stock

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