Showing posts with label tasty bite eatables. Show all posts
Showing posts with label tasty bite eatables. Show all posts

Tuesday, July 26, 2011

TASTY BITE EATABLES / DFM FOODS - HOLD


 TASTY BITE EATABLES





Tasty Bite Eatables is one of my favorite stock ,  mainly because of its professional management. More than once  I have recommended it here ,last time @ Rs.145/- on May 28,2011 ( Read it HERE ) .Today it closed around Rs.225 /- , an appreciation of about 50 % in two months.I have received many queries from our readers about the current stand on this stock after a sharp move in short time. In my opinion , it is a definite HOLD even at current price for any true investor. This company is doubling its capacity and it is expected to get the full benefit of this expansion only from next financial year . Moreover , Since Indian market is now mature enough to accept products like it produced ,  we can't rule out the chance of launching its products even in Indian market in coming years . Its recently renovated Tasty Bite Research Center (TBRC) is expected to play a crucial role in introducing many more new products going forward.In nutshell , it is a story which is yet to unfold. Company is taking each and every step carefully for a bright future . Patience is necessary to reap the benefit , but I feels this will give good return even from current level for long term investors.



For a  latest report on tasty Bite, Click HERE

Disclosure  : I am holding this stock , so my views on this stock may be biased


DFM FOODS LTD




DFM Foods is originally recommended HERE on 19th September 2010 @ Rs.48/- which is currently trading @ Rs.144/- , an appreciation of about 200% in less than one year. Company has recently hiked its capacity and showing good growth both in top and bottom line . This trend is expected to continue in near future. One may HOLD it for long term . Some professionalism in its management will surely change the image of this company.


Recently company launched its website : LINK  






Saturday, May 28, 2011

TASTY BITE ETABLES - TIME TO RE-ENTER






Tasty Bite Etables is one of my old recommendation @ Rs.165 on 27th February 2010 . Thereafter it touched a high of Rs.346/- on 19th July 2010 and now quoting around Rs.145/-.  Everything was negative for this company in last year .This list includes , sharp rise in raw materials ( onion and other vegetables ) , unfavorable exchange rate of currency, bad financial conditions of economies to where its products are exported ..etc. Now almost all these factors are slowly  changing in favor of the company. In last quarter company shows some early signs of revival. Tasty bite is also doubling its capacity now and capex is through internal accruals and debt.This is the right time to re-enter in Tasty Bite with a three year view .Stock is expected to appreciate more than 100 % in the mentioned time frame.

For more details about this company , Read the old posting HERE

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