Vikas Ecotek - Eco Friendly Specialty Chemicals

Specialty chemicals with a twist! Yes, the eco friendly ones

According to 14-15 Annual report main product of the company is

Thermoplastic Rubber Compounds which form 31% of turnover of company.

Thermoplastic Rubber (TPR) Compounds are formulated using Styrene-Butadiene-Styrene (SBS) or Styrene-Ethylene/Butylene-Styrene (SEBS) block co-polymers. Most of TRP formulations are 100% recyclable.

Some typical applications of TPR compounds are footwear products, gaskets, cable jacketing, toys, automotive applications, soft touch over-molding and general purpose molded goods. These compounds can be formulated to provide weather resistance, ozone resistance, low temperature flexibility as well as excellent resistance to many chemicals. They are light weight and can be colored to meet your
requirements.

Other products

Methyltin Mercaptide
Tin Tetrachloride
Epoxidised soya bean oil
EVA compounds
PET compounds
PVC compounds

Raw Material

Tin Alloy
2-Ethylhexyl Thiogycolate
Tinmate
PVC compound
TPR compound
Hydrogen Peroxide
RSO Refined Soyabean Oil
Styrene Butadiene Copolymer
Thermal Plastic Elastomer
Methyl Chloride (Gas)

Customers

SRF
Escorts

Cables - RR Kabel, KEI industries, Havells India
Shoes - Relaxo, Liberty
Plastic Furniture - Supreme Industries

Attached Research report made by BOB.

Invested 7500 shares @14 yestday. I am looking at (hoping for) long term growth prospects.

 

Even I have this stock in my portfolio. However, my expected targets are in range of 50+ by FY 18.

 

Added 2500 shares more @ 13.15, 10,000 shares in all.

 

looks interesting. hasnt participated in the boom. close to 12month low and has a 12month negative return. Know why?

 

Performance of the company since 2014 has looked good. They have interesting tech added recently. They have expansion plans. I like the core area of the business. 5 year stock performance is overall steady. Management commentary is very positive. Its currently at a market cap of 300cr - it is a kind of company that can give 20 bagger in 5 years in my very personal opinion...

With microcaps like this, there will be big stock market fluctuations ofcourse. We both know stocks like this are not for people who will lose sleep with 10% corrections overnight. You can check the research report of bob that's attached with my opening post.

Personal opinions, not recommendation. I am invested.

 

9% up up up!

 

Vikas at 15.3
It's starting......

 

Going up up up!

 

Now acquired 20,000 shares. building towards 0.01%.
I hope the promoter knew what he was talking about lol

 

Now hold 0.01% - 25,000 shares. Expect a breakout soon.

 

thats conviction- my friend

 

Its shooting up. 10% up today. I really hope some of the members got in. @kharb was asking about specialty chem stocks. I hope he took my feelers (wont call it advice).

Still long way to go. Next 2 years are going to see relentless gains in this counter imo.

PS: my statements are more often than not - biased, opinionated and loaded with self interest & self preservation.

 

Thx alot for sharing Vij. Research coverage of BOB is amaging! Keep it up Vaisahali Praker!!

 

Took 2500 more @20.15.. average price inching closer to 16. hold 27.5k shares. I hope the promoter knew what he was talking about. Now it is more than skin in the game.. I would call this skin and flesh in the game. Should I put some bones in too

Is this delirium I wonder. Time will tell. Everything will make sense in hindsight.

 

Up 9% now.

 

Vij, I feel now Vikas Ecotech is in overheated zone* should cool off !!! But yes, I may be wrong also.. can shoot up more...
Which are the other stocks in Speciality/Commodity Chemicals .will be multibagger's in 3-5 years ???

 

I feel VEL is just getting started to be honest. If Q2 results are good, then people will really start believing the very extravagant 2-3 year growth guidance given by the promoter few months back and this counter will go crazy!!!

Shree Pushkar Chemicals is another scrip I like. Good fundamentals and can be a decent long term bet. They are a chemical company with zero waste. That's something I like. You can also have a look at Deep industries.

 

Yes, Shree Pushkar I hold from 110-120 levels ... Deep Industries into Oil & Gas right ?

 

when are the VEL results?

 

i too having it from @ 14.70* 1100