KEEP WATCH ON “ALLIED COMPUTERS INTERNATIONAL (ASIA) LTD.”

I think you may remember I buy allied computers international asia ltd bse scrip code 532919 @0.39 in 14 may 2010 and share run 28 percent in 1 months close price on 18.06.2010 is 0.50
So this week I try to book profit in my 2nd penny share allied computer near about 0.60 or 0.70. I book my first 50%profit in kirti finvest new name sagar production this share currently close at 0.60 ( 75% up from my buying price)
Now we share some of fundamentals of allied computers international with you
1. allied comp is a hardware company with 1 rupees face value.
2.Allied Computers International (Asia) Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 15, 2010, have accorded the following:

a. The Proposal of merger was deferred until further feasibility study.

b. It was decided to make the face value of shares to 10/- per share.

c.. It was decided to increase the authorized capital to Rs. 50 Crore.

d.. It was decided to further raise the paid up capital by issuing 3.1 crores equity shares of Rs. 10/- each byway of right issue on such terms and conditions as the directors may deem think fit.
3. promoter holding in allied computers international asia ltd is 24.23 percent
4. Dicksha Infosystems Pvt. Ltd., is the subcidary of allied computers
5. book value of this share is 1.15

6. I HOLD 1400 SHARE OF ALLIED COMPUTERS ASIA LTD

key words:_ fundamentals of allied computers. can i buy sell hold allied computers asia ltd. best penny stocks , multibagger penny share. low price share at bse,data of penny share.

BOOK PROFIT IN KIRTI FINVEST

Respected readers
I buy kirti finvest (currant name is sagar production ltd bse scrip code 532092) @0.37 in 10.05.2010 in my first list of penny stocks. Currently close on 0.54 so this penny share give us near about 50 percent profit in 35 days.
You remember my policy of investing in penny share. When I start this concept I make a rule to book 100 % profit so as this rule we will wait price of 0.74 but now my plan to make some change in penny stock trading rules. So it is good to book profit in kirti finvest at price of 0.55.
I notice that all of these penny stocks is trading stocks and give 15 percent return easily in very short periods. So why we can not play in these share for short term profit.
2nd thing when I declare my buying list of penny stocks I can not adjust price according to face value for example if a 1 rupee face value stock “X”market price is 0.33 and 10 rupee face value stock “Y”market price is 2.00 then which stock is cheap? The cheap stock is “Y” because if we adjust “X” stock price as 10 rupees face value then it is 3.30 not 0.33.
So I start to make a fresh list of penny stocks with there face value book value and promoter holding. Before we apply this revised concept first we book all of our old holding in some profit so I decided to book kirti finvest first in 50 percent profit.
Summery of trading in kirti finvest:-
Buy 1500 share @0.37 investment 555
Sell 1500 share @0.55 and gain 825
Profit 825-555=270
Brokerage=35
Net profit=235
Holding period 35 day
In our next list we increase investment quantity 5000 from 500 and try to book 15 percent profit in a trade.

LOWEST VALUE STOCK OF BSE :INDTRADECO LTD

1. indtradeco ltd is a 1 rupees face value share of BSE currently traded at 0.25 only this is the lowest value share at BSE on June 2, 2010
2. scrip code for indtradeco is 504336
3. this is a B group company
4. promoter holding for this share is 31.23 percent , normal
5. indtradeco ltd YEAR LOW 0.25 YEAR HIGH 0.93
6. Book value of indtradeco is 1.07
7.Indtradeco Limited incorporated since past 25 years has been delivering consistent quality and service in the field of high pressure water jet cleaners, household and industrial vacuum cleaners, handy vacuum cleaners, mechanical sweepers, steam cleaners, glass cleaners, etc.
8. I hold 1700 share of indtradeco ltd.