pacific cotspin.......currently at 9

manufactures 100% cotton combed n carded, waxed yarn. company is a significant player in the coarser n medium segment...i.e in 20's to 60's count of the world cotton yarn market.to fund its expansion, it made a pref allotment to promoters at rs.17 n now is coming with right issue in the ratior 1:2 at 11-13....despite such huge equity dilution of 39 cr...it may report an eps of arnd 2 for 07 n 3 for 08.........agressive investors can take some positon once the stock starts consolidating n find good support for a week........a risky script though......minimum 9-12 months view shld be taken atleast