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Topic: panama petrochem Posted: 23/Nov/2006 at 8:52pm
produces petroleum jelly for the pharma and cosemetic industry,
produces transformer oils, produces jelly for jelly filled cables this
is the main business.last but not the least furnish various electricity
boards and atomic research centers with thier required products.plants
are based at ankeleswar and daman daman is a new plant and already 63%
of the turnover has come from this plant.they have a technical tie up
with lubcon of germany.fundamentals in breif- equity4.262crs mkt cap
50crs halfyrly turn over 80crs np 4.7 crs for the half yr eps of a
little over 10half yrly.so annualised pe is roughly 5.8.with
transformer ind growing telecom and cosemetics growing demand for
product looks good on the flip side higher raw mat prices could affect
margins mngmt says it has taken steps to control raw mat flucations.rj
owns 1.71% of the cos equity 73008 shares.one can visit
www.panamapetro.com for more bout the co.basant and senior members what
do yu feel does it make a compelling case for investment what and who
are the management anybody with some inclination pl throw some light
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
Joined: 13/Oct/2006
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Posted: 23/Nov/2006 at 9:01pm
panama recently has had a tie up with petronas of malaysia to mkt their
auto lube syntium mr rayani md said he was confident of
achiving a turnover of 200crs for 2007-08 from the automative business
alone the malaysian partner may start playing a more active role in the
second half of 2007 he said
understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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Posted: 23/Nov/2006 at 9:12pm
its true that company is trading at cheap valuations and the next qtr resulst will also be very good. but the only concern witht his stock is that if the crude starts rsing then it will affect the operating margins of the company. it might also get affected by any rise in interest rates whihc might hurt its CAPEX plans.
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Posted: 23/Nov/2006 at 11:11pm
Remember Mark Mobious' interview with Udayan on CNBC-TV18, when he mentioned next "big thing" : "speciality chemicals".
Basant ji, could you please update us if there is any link here worth investing into or folllowing up?
A small inside research on this one from YOU(kindly)...as supposedly RJ has got into this and we have come to know of it early on and Mark Mobious interview.
The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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Posted: 23/Nov/2006 at 9:26am
You know how good I am at these kind of companies so that is why I give it a pass for someone else who knows this well.
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Posted: 23/Nov/2006 at 9:32am
Okiee Dokiee sir. Thank you very much.
The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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