Dear mahesh ji,I want your valuable advice on buying the
Mansi finance
Thanks,
Venkat
1. MANSI finance is a T group share with 10 rupee face value this is a former penny share at oct 2009 this share is traded at 3 rupee only and now today mansi finance make his year high 22.
2. Now position of mansi finance is strictly against in my penny share trading rules because I like to catch penny share when they traded there worst price and try to get return from him. Read details and past performance of my penny share trading system on this link
http://mypennyshare.blogspot.com/
3. I wonder to see MANSI finance EPS of FY 09-10 is 3.47 in march 2010 MANSI finance earn 3.35 EPS which is greater then EPS of arvind ltd which price is 45, so I try to locate real fact and see march 2010 detail results of mansi finance. I found that net sell in this quarter is 0.26 cr but company report other income 1.14 cr which is 4 time to net sells.
4. Promoter holding 50.67 % in mansi finance.
5. Book value of manic finance is not available.
6. So overall my view is negative for MANSI finance.
7. T group share have low free float quantity so price is easily speculate if some players hold large quantity.
8. I have no any share of MANSI finance ltd.
KEY WORDS:- REASON OF PRICE HIKE IN MANSI FINANCE. BUY SELL HOLD MASI FINANCE INTRA DAY F&o CALL ON MANSI FINANCE.
