VENKY INDIA LTD:AVOID

Dear Sir,

I need your view on Venkys share. How is this company for long term basis.

Regards
Pawan

1. Venky India ltd is a livestock-poultry Hatcheries Company related to BSE group B with face value of 10 rupees.
2. Promoters holding in venky (India) ltd are 56.12 percent is normal.
3 venky India ltd is a part of the Venkateshwara Hatcheries (VH) Group of companies, pioneers in the field of poultry farming.
4. Venky is engaged in Poultry Breeding & Farming & also in the manufacture of Animal Health products & S.P.F. Eggs (Specific Pathogen Free Eggs) used in the manufacture of Human, Animal & Poultry vaccines.
Bird flu is a great concern for venky share holders.
5.Venky has a technical collaboration with SOAFAS INC. USA. The SPF Eggs Division have an installed capacity of 3,00,000 SPF eggs per annum which commenced commercial production in May 1985. It is the only commercial producer of SPF Chicken embryos in India. The company has set up a 100% export oriented unit at Pune for export of hatching eggs to the general currency areas. The capacity of this unit is 30,000 broiler breeders.
6. This company pay dividend in range of 2-4 per share every year.
7.But currant price 435 is near about it 52 week high 459 and book value of venky share is 167.29 only so I think if you like to invest in this company than wait in range of 250-150 if available.
8. venky India ltd is a good share in range of 150-250 but I am a religious spiritual Hindu. I did not like non vegetarian products as they harmful to our spirituality , health and humanity. So I never invest in livestock companies, wine companies and tobacco companies.(and not to use non veg, wine, tobacco).
9. My currant holding is nil in this company.