Sunday, October 20, 2013

Tinna Rubber And Infrastructure Limited : Risky

Tell me about tinna overseas ltd ask by market maker 
1. First of all i tell you that name of tinna overseas ltd is change as Tinna Rubber And Infrastructure Limited. 
2.Tinna Rubber And Infrastructure Limited is a 10 rupee face value stock which is traded at 45.25 and belonging to periodic call auction. This means tinna overseas is a low equity stock. 
3.Promoters holding in this stock is 72.34 % . Promoters increase their holding from 71.34 % to 72.34 % so Increasing in promoter holding is good.
4.Year high of Tinna Rubber And Infrastructure Limited is 46 and year low is 16.45 .So if you remember my year high/ year low ratio formula then you understand that i dislike the stock which year high/low is above 2. 
5.This stock never give dividends. 
6. Now i ask some question to my readers 
" Why we buy this type of stock who never give dividend? Who is in periodic call auction? 
Who is run from 14.20 and already run 300 % within a year? Who change his name? "
So in light of these questions I think this is risky to buy Tinna Rubber And Infrastructure Limited at this point when this stock traded at 14-16 then entering in this stock is a right decision buy now i think this is time to exit.
7. I have no any share of Tinna rubber.
8. Recently i get many mails of my followers which want to ask me about their stocks but i am so busy in my life and other blogs so i have no time to publish all of reply in my blog. in this situation i think if you want a quick reply of your questions then use comment form of this blog, comment your query at any of blog post ( all comment automatic  e mail to me by blogger ) and i will reply these comment on same blog post where you put your comment. in this method you get your reply within 24-48 hours.

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