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  






16 comments :

  1. Rajvir Industries ltd. Your Reco was buy at Rs.165/- , Will it be good advise to Avg the Price at current level of 134-140/-? Please Advice

    ReplyDelete
  2. Hi Valuepick,
    Your views on Avantel? Is it buy at current level?

    ReplyDelete
  3. Dear VP,
    What is your stand on Mudra Lifestyle, it is quoting at 29, much below your recommendation price of 59?

    Regards
    Girish

    ReplyDelete
  4. Wait for the first qtr result to average Rajvir Ind

    ReplyDelete
  5. Avantel - may buy in small lot

    ReplyDelete
  6. Dear Girish

    Allow some time to the new management
    atleast to sit on the chair

    ReplyDelete
  7. Hello sir, i am holding GPIL( 625 @ 169 ) and PTC ( 1195 @ 84 ) since 2 months and i see no upward movement in the prices of both the shares...shall i continue to hold or exit and look for other counters.....Please suggest.

    From
    RAMESH G V
    ramgv26@gmail.com

    ReplyDelete
  8. Dear Ramesh

    Two month is not a time in stock market. Steel industry is a Cyclical one , you may need to wait with patience for GPIL .Not tracking PTC

    ReplyDelete
  9. Dear Valuepick,

    I am a stock market investor and have been tracking many companies and few are companies match that you are recommending. I like your stock picks very much. Are you tracking RSWM stock. They have made loss in June quarter but I am not bothered as I look for 2 years horizon. If ever u get time pls analyze this stock as this company has stake in many other big co.s other than their own business.I would be happy to see your comments

    ReplyDelete
  10. Hi Sir,

    I have entered Tasty bite at 225. I do understand as the market is down all stocks are down.I can wait on this for one more year. just reply me a word yes its a hold...then i will be happy.so that i will buy at lower levels.

    thanks
    shaik

    ReplyDelete
  11. Dear Shaik

    Don't worry hold it and average it now if possible. A very good company for long term .

    ReplyDelete
  12. More info abt Tasty bites

    http://everything.explained.at/Tasty_Bite/

    ReplyDelete
  13. Hi,

    Can you kindly update with your current view on Tasty bites...is it buy at these low levels or any change in fundamentals causing this downtrend ?

    Thanks,
    Jagan

    ReplyDelete

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