neo corp int. ltd

WHAT I SEE IN THE TEXTILE SECTOR IS THE SAME THING THAT HAPPENED TO SOFTWARE, GOVT INCENTIVES FOR EXPORTS, TAX INCENTIVES, CAPITAL SUBSIDIES, EXPORT ENHANCING IN BUDGET EXPECTED AND SPECIALLY TECHNICAL TEXTILES BEING CONSIDERED AS A SUNRISE INDUSTRY. A 100 BLN $ POTENTIAL LEFT OPEN BY CHINA DUE TO HIGH COST OF LAB. AND CURRENCY AND SHIFT TO HIGHER VALUE PRODUCTS.

NOW ONE CONSIDERS A COMPANY AS SHUT DOWN IF IT HAS A PE OF 2-3,BUT APART FROM THIS ONE BUYS THIS AT JUST UNDER 130 CRS FOR A SALES OF 1600 CRORES AND ABOUT 1/3 OF BOOK VALUE, NOW CONSIDER NEO CORP INT. IT A 35 YR OLD CO. IT IS RUN BY SUNIL TRIVEDI AND AN ASSOCIATE DIRECTOR BOTH ARE BIT PILANI GRADUATES. THE TURNOVER OF THE CO IS CLOSE TO 1600 CRS EXPECTED MAR 16. THE EXPORT TO EU COUNTRIES THRU UK SUBSIDIARY IS 220 CRS. RECENTLY THEY HAVE BAGGED ORDERS THRU MIN OF AGRI FOR ERECTING POLY VINYL SHEDS FOR TECHNICAL TRAINING OF FARMERS OF 80 CRS. THE OTHER PRODUCTS SACKS AND AGRO SACKS AND PROTECTION COVERS NYLON ROPES AND CONTAINERS ARE ALL HYDRO CARBON BASED MATERIAL, IF YOU OPEN THE WEB SITE THE PRODUCTS ARE VERY SIMILAR TO SRF AND GARWARE NYLON ROPES. WITH THE FOCUS ON RURAL ROADS VERY BIG OFF TAKE CAN HAPPEN FOR GEO TEXTILES.

RECENTLY ORCHID CHEMICALS USED THE LATEST RBI GUIDELINE TO RAISE FUNDING FROM ITS UK SUBSIDIARY. THE GUIDELINE IS IF YOU HAVE EXPORTS OF X CRS , A CO CAN RAISE 4 TIMES ITS EXPORTS AND PAY THRU EXPORT PROCEEDS. THE ADVANTAGE IS THE CO IS FORWARD SELLING AND HAS A VERY ECONOMICAL WACC AND A NATURAL HEDGE. IT CAN CHANGE THE COMPLEXION OF THE BALANCE SHEET. THE EPS WHICH IS ABOUT 15 RS CONSOLIDATED CAN JUMP BY 9-10 RS PURELY ON SAVING OF HIGH FIN. COSTS ON A CONSOLIDATED BASIS. THIS IS A CONSISTENTLY DIV. PAYING CO. WITH THE FOCUS ON GDP INCREASE AND AGRI PRODUCE PACKING FOR DOMESTIC AS WELL AS EXPORTS. NEO CORP AT 35 RS IS A VERY BIG DARK HORSE. KUCH BHI HO SAKTA HAI.