Sunday, October 3, 2010

FSP SERIES 3: SHAKTI PRESS LTD @10


In this series we discuss about fundamentally sound penny stocks (below price 20) we book 54 % profit in FSP SERIES 1: DHANUS TECHNOLOGY and hold FSP SERIES 2: ENSA STEEL LTD @11 so this week we discuss Shakti press in FSP SERIES 3
1. shakti press ltd is a 10 rupee face value share with BSE group B this is a Comm. Printing/Stationery company.
2. Book value of Shakti press ltd is 72.18 so this is the reason to choose it in fundamentally sound penny share series.
3. Shakti press promoter holding 60.92 % so this is the second reason to choose it as fundamental sound series.
4. Shakti press has six fully Independent production units. Reason of company low price is loss on balance sheet so I think when this company turn around in profit then this stock easily multiple from here.
5. My holding is nil in Shakti press; this is my penny share diary only so not consider it at buying advice.
KEY WORDS:- MULTI BAGGER PENNY STOCKS
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