ARVIND CHEMICAL LTD: HOLD

Sir, I accumulated 2800 shares of ARVIND CHEMICALS (BSE Code-
531881) at an average price of 24 rs. Now it made a new low of 8 rs.
What are you think?
About this scrip at this attractive price? What is its fundamental
value and should I sell my all shares of it or wait? Please suggest
me.
Sir Please send me your valuable suggestion to me on ARVIND CHEMICALS
As soon as. I'm waiting for your response. I'm lost a huge amount in this script
So, please suggest me. What I do now in this script?
Ask by shri pankaj kumar
1. Arvind chemical is a 10 rupee face value company, arvind chemical 52 week high is 61 and 52 week low is 8.41 so share traded near it 52 week low.
2. Arvind chemical promoter holding 36.35 %( normal)
3. EPS of arvind chemical is 0.11 only.
4. Book value of arvind chemical is 10.61 only; this is the main reason that I request my readers for they consider book value of a share before buying.
5. I think you are trap in this share badly but I think you may no need to book all of your loss. Because if you book loss and try your luck in any other stock then there is no guarantee to recover your loss.
6. I tell you a golden rule of share market “ IF YOU HOLD A SHARE FOR MAXIMUM 6 YEAR THEN 95 % SHARE GIVE YOU YOUR BUYING PRICE BACK” remember 6 year is maximum period you may get your breakeven points earlier. Give a look of year highs and year lows of arvind chemical since 1996

Year	High	Low
1996	35	11.5
1997	13	10
1999	18.5	10.5
2000	25.8	15.5
2002	31.5	21
2003	26.3	12.55
2004	25	6.11
2005	53.8	22
2006	92.3	30.15
2007	95.2	18.9
2008	53.75	27.05
2009	64.4	26.25
2010	30.7	8.41

I think this example clear your concepts.