BARTRONICS INDIA LTD: ACCUMULATE IN SIP METHOD

Anonymous said...
MAHESHJI,
can I have ur on BARTRONICS AT CURRENT RATE. IF MARKET STABLISES, WHAT IS UR EXPECTED PRICE AFTER 3 YEARS. I am a long term investor.
1. BARTRONICS INDIA LTD is a 10 rupee face value stock. This is a trading stock (means stock which is popular between daily traders due to TV channels recommendations.)
2. Year high of stock is 113.70 and year low is 46.10, stock is traded near his year low and my formula of year high low is “if a stock is down more than 50 % within a year than avoid this stock for next 1 year.
3. BARTRONICS INDIA LTD promoters hold 27.40 % and FII holding is 0.29 % so low promoter holding and no FII interest.
4. But if you want to accumulate bartronics in SIP method for 3 year than I think you may go with this stock because promoters try to increase their holding in this stock read details of this stock in my earlier post about bartronics at this link
http://sharegenius.blogspot.com/2010/03/neutral-on-bartronics-india-ltd.html
( COMPANY Further issue of 40,00,000/- equity shares to non-promoter group by way of preferential issue , this will nagetive in short term but positive after 1-2 year)
5. I have no any stock of BARTRONICS INDIA LTD
6. FOR ASKING A QUESTION ON THIS BLOG PLEASE USE THIS LINK
http://sharegenius.blogspot.com/2011/08/how-to-ask-question-on-this-blog.html