Tuesday, November 29, 2011

AGROTECH FOODS - UPDATE

PROMOTERS OF AGROTECH FOODS - CAG TECH MAURITIUS LIMITED - A HOLDING COMPANY OF CON AGRA FOODS USA  PURCHASED 893465 SHARES OF AGROTECH FROM ITC GROUP AT A PRICE OF RS.580/- SHARE THROUGH OFF MARKET .NOW CON AGRA'S HOLDING IN THEIR INDIAN SUBSIDIARY REACHED 51.77 % .

For the old Posting on  Agro Tech Foods , Click HERE


25 comments :

  1. DEAR VALUE
    WHAT DO U THINK ABOUT JK PAPER? THIS IS GREAT DIVIDEND YEILD PLAYER. PERHAPS DEBT IS CONCERN. BUT ITS RECENT ACTIVITY AND INCREASING USE OF PAPER BAGS I THINK THERE IS VALUE?
    UR OPINION IS "GOLD" 4 ME.
    PATIDAR

    ReplyDelete
  2. Dear Friend

    JK Group companies are traditionally trading in low P/E multiple.Better to look into other paper companies.

    ReplyDelete
  3. What is your opinion about A K Capital Services ?

    ReplyDelete
  4. AK Capital is not bad but the sector in which this company is operating may underperform for a while.

    ReplyDelete
  5. Is Agrotech Foods a good buy at this level for 2-3 Year investment?

    ReplyDelete
  6. Hi VPji,
    Whats your opinion on Aries Agro now? Company has plans to improve their exports and release several new products in the market. Also, the promoters seem to be buying from the market? Thanks for your wonderful work.

    Regards,
    Rakesh.

    ReplyDelete
  7. Dear Rakesh

    Still I feels this company deserves higher valuation.

    ReplyDelete
  8. You have been recommending several agri stocks. What would be your order of preference

    ADVANTA , ARIES AGRO , KAVERI SEEDS , EPC INDUS, GODREJ INDUS(partly agri).

    Please add any if I may have missed.

    ReplyDelete
  9. ConAgra had another unlisted subsidiary, which is a big negative for me.conAgra might push their product through unlisted company.

    ReplyDelete
  10. Dear Sir,,

    Cochin mineral now 140 today ,, me holding any

    level to book??

    ReplyDelete
  11. HELLO SIR..

    UR EVERY NEW POST R LEARNING EXPERIENCE TO THE NEWCOMER OF INVESTING WORLD.., THANKS R EDUCATING TO THE NEW COMER LIKE ME..., I WOULD LIKE TO HAVE UR VALUABLE OPINION OF THE FOLLOWING STOCKS..
    1. CAMSON BIO TECHNOLOGIES.
    2.Sree Rayalaseema Alkalies & Allied ( DUE TO THE SUDDEN INCRESE IN PRICE TO CAUSTIC SODA.. WHICH AS INCREASED 50% IN THREE MONTHS.. DO U KNOW ANY REASON IN INCREASE IN PRICE..)
    3 CAN U SUGGEST ANY 3 STOCK FOR THE PERIOD OF 2YRS..

    REGARDS.
    KSK.

    ReplyDelete
  12. Dear VP,
    could you advise on Zicom after it's fallen from 40 to 30. Whether to wait or exit?
    Thanks and regards
    Amit

    ReplyDelete
  13. Hi Value-pick.

    Is it time to buy ADF Food/ JHS Suvengaard / Patel's airtemp.

    ReplyDelete
  14. Hi VP,
    Adanta is falling heavily even in a rallying market. Why is this and when should the accumulation start if your outlook towards this company has not yet changed. Will this be a sort of Aries Agro like recommendation.

    Thanks
    NR

    ReplyDelete
  15. Sir Lanco Infra is now trading at 12.50 (52 wk low - Rs.11.50). Is it time to buy it for investment. Please suggest.

    ReplyDelete
  16. Agrotech is a good BUY for long term around Rs.370/-

    ReplyDelete
  17. Conagra is launching many new products through this listed company.I don't think they will pay such a huge premium to raise their stake if they are planning to promote only the unlisted company.

    ReplyDelete
  18. Dear KSK

    1)Camson Bio is in a good sector , but not enough confidence to recommend it due to below average corporate governance standards.
    2) Prefer Gujarat Alkalies over Sree Rayalseema

    3)Go for YES Bank/Cairn India/Tata Chemicals with a two year view.

    ReplyDelete
  19. Dear Deepak Kumar Prasad

    Higher Food prices may cause for lower margin for ADF.I don't like the management of JHS who once cheated retail investors through their another company Sunehari Exports.Prefer GEI Industrial Systems over Patels Airtemp

    ReplyDelete
  20. Dear NR

    No change in my view on Advanta , But I can't Guarantee whether it will be like Aries agro .Sometimes even good companies may be available at cheap rate for a long time.

    ReplyDelete
  21. Thank you for your comments on ADF/JHS /patel's airtemp.

    Is it wise to wait for ADF to fall more and then purchase around 40 levels.

    JHS is now out of my radar.

    I am holding GEI industrial at 188 since a year
    but I don't see any good movements here.

    ReplyDelete
  22. Dear VP,
    are you tracking Honeywell Automation by any chance?
    Regards
    Sakharam

    ReplyDelete
  23. Considering the current situation of rupee all import depended companies may show some weakness in their financial performance.

    ReplyDelete

Followers

Tweet TopOfBlogs