REVIEW ON "EDSERV SOFTSYSTEMS LTD" :AVOID

Maheshji, please enlight me about Edserv Softsys. Is it good for investment? Thank you, Srinivas

1. EDSERV SOFTSYSTEMS LTD is an IT training company with 10 rupee face value.

2. year high of EDSERV SOFTSYSTEMS LTD is 150.95 and year low 18.15 so as my formula " when year high/year low ratio is more than 2.5 than we will avoid this stock for next one year."

3. promoters of EDSERV SOFTSYSTEMS LTD continue reduce there holding in company in march 2011 it is 24.52% and than 15.59 % and 12.63% now promoters holding in EDSERV SOFTSYSTEMS LTD is 5.88% only so this is a clear AVOID.

4.Book value of EDSERV SOFTSYSTEMS LTD is 62.80 and due to continue reducing of promoters holding i fear to converting it in to a penny stock.

5. overall my view is negative for EDSERV SOFTSYSTEMS LTD and i have no any stock of EDSERV SOFTSYSTEMS LTD.

6. At 21.01.2012 i give my view on this stock so read my earlier view on this link
http://sharegenius.blogspot.com/2012/01/edserv-softsystems-ltd.html