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Saturday, November 7, 2009

Tasty Bite Eatables Ltd:Future growth outlook and prosepects,buy/sell/hold

Scripscan:Tasty Bite Eatables Ltd
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Code:519091

Story:Tasty Bite Eatables, Ltd. manufactures, processes, and exports ready-to-eat food products. The company offers Indian and Thai food products, including entrees, meals, and soups. It also produces pilafs, and special diets, such as vegetarian food, gluten-free food, kosher food, and vegan food. The company is based in Pune, India. Tasty Bite Eatables, Ltd. is a subsidiary of Preferred Brands International LLC.The company has got a tiny equity base of 3crs and has been buzzing offlate in the bourses as the promoters plans to delist the shares from the exchanges.The promoter alreadys owns around 75% of the total paidup capital and with a tiny base it wont be much of a hassles for them to acquire the remaining shares.Financially the company has shown strong consistency in both topline and bottomline over the last few years.At present prices even after a stunning run it isnt tremendously expensive.Any announcement on the delisting front would make the scrip buzz more.One can do arbritrage as I feel the delisting price should be higher than the present market price.I would warrant a hold at present prices.

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Posted by arun at 7:06 PM

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This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
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