Sir,
I have temptation food share 15000 at prize 36 rupees now prize is 12 rupees.
please you may suggest what I do now.
I can hold this share one year more.
I already hold this share around 1 year.
Regards
vikash kumar.
1.Temptation foods ltd promoters hold only 10.47 % and they reduce there holding from 21.13 percent this is a weak sign.
2. FII hold 0.10 % and remeber in 2009 FII hold 26.82 percent in this share. FII like Merril Lynch, Citigroup, Globman Sachs, ABN Amro NV London Branch so FII exit from this stock
3.Temptation foods ltd is Food Processing Fruit processing/Pulp/Juices Sectors Company and a 10 rupees face value share.
4.current market price 12.11 , 52 week high 44.65 and low 11.40
5.Book value of this share is 80.50.
6.low promoter holding with pledged shares is negative points for this company
7.overall my view is negative because i remember in 2007 this is a penny stock which price is 1.52 only
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