REI AGRO LTD: REVIEW PART 2

Namaste Mahesh ji,
What is your opinion about Rei agro? I bought 10000 shares by investing entire money. Now in a very distress condition. Please post your opinion on this stock.
ASK BY PANDIYA JI
1. pandiya ji i think you are my new reader because in this blog i warn about downtrend in rei agro when it traded @ 28 read these former articles at these links
VIEW ON REI AGRO DATED 13.06.2010
REVIEW REI AGRO DATE 03.08.2010
REVIEW OF REI AGRO DATE 1.09.2010
2. Rei agro is 1 rupee face value stock so i think price of stock is still high read more about face value at here ..learn about face value.
3. Book value of Rei agro is 24.23 so i think stock is a value buy If available below 10. I think in coming 2 year stock of Rei Agro will be available below 10 and then I publish it on my penny share blog
4. Never buy stocks in such a bulk quantity because stock market is not a tool of easy money making it is a tool of easy money loosing. always use my shopkeeper approach  to stay long in market. those who not read my shopkeeper approach read my book for more details.
5. PROMOTERS HOLDING  in Rei agro ltd is 47.70 %
6. I think you already see lot of downside so it is not wise to book loss only wait and watch for a rally to exit from it. if i am in your side i try to exit in SWP method means divide my stocks in 12 equal quantity and after every 3 months ( quarter) i sell 1/12 of my holding either in loss or profit ,soon i write a detail article on SWP METHOD OF LOSS BOOKING IN A STOCK in my website www.maheshkaushik.com
7. I have no any stock of Rei agro ltd.

IS IT RIGHT TIME TO BUY REI AGRO?????

DEAR MAHESH JI
AS PER YOUR VIEW , rei AGRO HAS COME DOWN TO 18-19 LEVEL.
IT IS A GOOD BUY AT CMP FOR LONGTERM?
DO YOU THINK STILL IT WILL COME DOWN ?
KINDLY PROVIDE UR VALUABLE VIW
THANKS IN ADVANCE
-PRUTHVI
respected agni pruthvi ji
after a right or bonus issue any share fall for some time. now it is come on my buying suggested price but i am not sure that it not down further.
so if RIL AGRO is your fancy then why you not consider it in SIP buy for example ARVIND LTD is my fancy i start buy it at 2005 when price is 140 and buy 1000 rupee share per month with strict discipline, i buy it 1000 rupee per month till last month so total investment in 60 month is 60000 in these 5 year i saw minimum price of arvind ltd 12 but continue with my 60 month SIP and now my total holding have benefit of 10000, no any loss .
so i think if it is your fancy then buy it in SIP method only.
regards
mahesh kaushik

REVIEW ON REI AGRO

In my previous articles I warn my investor for rei agro ltd on following links
http://sharegenius.blogspot.com/2010/06/view-on-rei-agro.html

In this article I discuss my negative view about rei agro and ltd but unfortunately after my article this share is run 10 % in a single day

so one of my reader is feel very angry after read it , he comments on this post in the name of anonymous ( I think he did not knew that all visitors IP address track by site meter) his comment included lot of illegal words and un parliament language for me.
This is the first time for me that I face such type of words on my blog.

I never delete a negative comments is it use legal language but this comments include illegal words so I delete it and enable comments moderation for all of my blogs.
Now REI AGRO LTD is down 35% and traded on his year low so market again prove my view. And I think one could still avoid rei agro ltd at currant price.
Key words:- buy sell tips on rei agro ltd future and option intra day bse NSE

VIEW ON REI AGRO

Dear Mahesh ji
What is your view about REI Agro ?
Will the price come down?
What is the future of this stock?
What is the price do u recommend for buying for long term investment?
Awaiting your valuable reply. ASK BY SHRI AGNI PRUTHVI JI

1. REI agro is a 1 rupees face value share so currant market price 27 is not cheap if we compare it 10 rupees face value then it is 270.
2. REI Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2010, inner alias, has:
a. Decided that Company will offer 2 (Two) Equity Shares of face value of Re. 1/- each for 1 (One) Equity Share to the eligible Shareholders as on the record date at a price of 19.50 per equity share including premium of Rs. 18.50 per Share.
b. Recommended a final dividend of Rs. 0.20 per Equity Share (i.e. 20%) of Re. 1/- each for the financial year ended March 31, 2010, subject to approval of the members of the Company in Annual General Meeting.
c. Recommended dividend of Rs. 4/- each (i.e. 4%) on the preference Shares having face value of Rs. 100 each.
3. record date for right issue is 8 June 2010 so I think after this record date share may be enter in down trend and show price below right issue ( in my experience of market I think this is happen in 75 % case of right issue ).
4. So it is wise to buy it 17-19 prices if available.
5. Promoter holding is 37.89 percent in REI agro and FII hold 23.64 percent.
6. Price of 25.10 is a strong resistance for this share so watch this price if 25.10 broken than it will touch 17-19.
7. REI agro have basmati rice business so I think sector is not very hot.
8. Book value of this share is 20.54 so in book value term tries to buy it below book value .
9. P/E of this share is 16 this is also I high book value in terms of rice company. Overall my view is not so positive to buy this share but I suggest you buying range if you are so fancy on this stock.

key words:- free news letter of share bazar