Please give your opinion on the following stock
Is this a good company to invest in?
1. JMDE PACKAGING & REALTIES LTD is a Containers & Packaging company with 1 rupee face value.
2. JMDE PACKAGING & REALTIES LTD currently traded at 0.86 and makes his 52 week high of 1.05 at 25 august 2010 I think I late post this reply and when you ask this question this share would traded at 1.00 and now movement is down.
3. Promoter holding is 28.69 % in JMDE PACKAGING & REALTIES LTD normal promoter holding.
4. Book value of JMDE PACKAGING & REALTIES LTD is -0.19 please do not ignore –ve sign
5. At 24.08.2010 bulk deal of 300000 shares is happen in sell side @1.01 so i think big player is try to get rid this share at every rise
6. Share spilt in March 2010 and I think it will take time for a fresh bull run so currently my view is “avoid” for JMDE PACKAGING & REALTIES LTD.
7. My holding is NIL in JMDE PACKAGING & REALTIES LTD. for penny stocks read my blog http://mypennyshare.blogspot.com/