Nov 27, 2014

Neo Corp International: Value and Growth Stock

Neo Corp's product range in packaging and technical textile. Technical textile may be little confusing to understand but that textile is used in road etc. It is even difficult for me to understand.
Here is the details from Google Finance:

Neo Corp International Limited is engaged in the business of manufacturing of technical textiles. The Company’s range of PACKTECH products provides solutions for storage carriage and protection requirements of industrial, agricultural and their goods. The Packtech application area includes all textiles used for the temporary containment, carriage, storage and protection of industrial, agricultural, and other goods. Its manufacturing facilities manufacture high-density polyethylene (HDPE) woven fabric to convert sacks/bags, wool packs, box bags and custom design bags. It has Geotextiles having range of end-uses in pavements/roads/railroad beds/airfields, retaining wall earth embankment, concrete revetment, landfill, industrial, and contaminated land reclamation. It also has a division namely Polymer Division, in which consignment stockist and Del Cedder agency of Indian Oil Corporation Limited is operated. It has also set-up Wind Mill for power generation.
Visit Neo Corp official website to understand by image. Image tell 1000 words!

CMP: 39.3,
PE: 4.22,
Price to Sales: 0.12,

Price to book value: 0.46.

Some concerns are there on Consolidated front but with economy growth, everything should become good. It is available at cheaper valuation and liquidity is also fine so we can hope for a rally.

Are you invested in Haldyn Glass, Ashok Alco and Nile etc. In some like BN Rathi correction came and you may be in loss but don't sell. Wait for it go higher. Govt has recently stopped PET bottles for many pharma products so Haldyn Glass should benefits in big way. Govt has given 6 months time period to pharma companies.
Haldyn Glass has appreciated much from that time but it is no way late to enter at this time as well. Nile Ltd is also good to enter if you can stay from few months.

Nov 18, 2014

Ashok Alco-Chem: Value and Growth Stock

This company - Ashok Alco-Chem - is in Chemical business, manufacture products used in Ceramics products and trading of some chemicals. It is giving superb quarter from some time and earning huge money. I hope it continue to earn in that manner and even after its recent run up it is trailing at very low PE. So, invest here if you think it can maintain its earning and add when correction comes. Still there are huge upside left in it.

Here are few products, collected from there site which they manufacture and/or trade. It took some time to collect data as they are in so many things.

Ethyl Acetate - ester of Ethanol and Acetic Acid.
Ethyl Acetate is used in a variety of coating formulations such as epoxies, urethanes, cellulosics, acrylics and vinyls. Applications for these coatings are numerous including wood furniture and fixtures, agricultural, construction and mining equipment, auto refinishing, and maintenance and marine uses.

Glacial Acetic Acid - mainly used in the production of cellulose acetate mainly for photographic film and Polyvinyl Acetate for wood glue, as well as synthetic fibres and fabrics. Also used as acidity regulator in food.

Glacial Acetic Acid is used in paint, varnish, lacquer and related products.

Acetaldehyde -
Acetaldehyde is used in the production of perfumes, polyester resins, and basic dyes. Acetaldehyde is also used as a solvent in the rubber, tanning, and paper industries, as a fruit and fish preservative, as a flavoring agent, for hardening gelatin, as a denaturant for alcohol and in fuel compositions.

Ball Clay - A vital material in ceramics:
Sanitaryware - 30% ball clay.

Tableware -
Wall and floor tiles:
Refractory clays:
Construction ceramics:
Building materials such as bricks, clay pipes and roof tiles all contain ball clay.
Electrical Porcelain Insulators:

Non-ceramic applications:
These include the construction industry; horticulture, agriculture and amenity industries; used as fillers and extenders in polymers, adhesives, plastics, sealants, fertilizers and insecticides.

Quartz -
Electronics-grade manufactured quartz is used in a large number of circuits for consumer electronics products such as computers, cell phones, televisions, radios, and electronic games, to name just a few. It is also used to make frequency control devices and electronic filters that remove defined electromagnetic frequencies. In industry, quartz is also used in a variety of electronic devices.

Feldspar -
Feldspar is used generally for three purposes:
Ceramic Manufacturing
Glass Manufacturing
Abrasive Manufacturing

Global Trading -
Bauxite - Used in Aluminium

About 85% of all the bauxite mined worldwide is used to produce alumina for refining into aluminum metal. Another 10% produces alumina which is used in chemical, abrasive, and refractory products. The remaining 5% of bauxite is used to make abrasives, refractory materials, and aluminum compounds.

Bentonite -
Bentonite Use in cosmetic and pharmaceutical preparations:
Bentonite Use as grouting material:
Hence, this material is often employed in construction engineering ot make a porous medium water-tight.
Bentonite Use in drilling muds: - Such muds are prepared mainly for deep drilling, like oil-well drilling.
Bentonite Use as decolourizer: hey are used in the decolourization of animal and vegetable facts (like ground-nut, castor-oil and Vanaspati) and petroleum oil, lubricants, paraffins and other waxes.

.Kaolin -
suitable as a coating, functional filler, extender, ceramic raw material and pigment.

Paper, Plastics
In fact, the U.S. plastics and adhesives industries consume up to 125,000 tons of kaolin per year.
Agriculture: Kaolin is used as a carrier and diluent in fertilizers, pesticides and related products.
Rubber: paint.

The company also trade in few other things.

CMP: 62.00,
PE = 3.77,
PS = 0.10,
PB = 1.00.

Change in promoter holding: 4.98%.