Posts in category All News
China looks to calm markets (27-08-2015)
Google rejects ‘unfounded’ EU antitrust charges of market abuse (27-08-2015)
US economy grows at 3.7% in second quarter (27-08-2015)
Cabinet note on monetary policy panel prepared: Sinha (27-08-2015)
‘Violence punches holes in Gujarat model’ (27-08-2015)
Taxi for the sky: Levitating driverless pods to connect Delhi, Manesar (27-08-2015)
Adi Finechem- A good business or business having a good time? (27-08-2015)
Dont be confused mates. The situation is simple for ADI Finechem.
Their competitive advantage comes when crude oil prices are high as they make their product from edible oil waste while their competition makes the same product from crude.
So now when Crude is at multi year lows and has fallen from $100+ (this was when ADI was flying due to competitive advantage) to $40-$44 range...its has completely killed their product competitiveness internationally.
Tough days ahead for ADI...because with China's slowdown, Iran sanctions lifted, US Shale boom.....looks like Crude will be in 30-50 range for sometime.
Question is whether ADI can sustain this low crude environment. It will become interesting if the stock price goes to 100-150 odd and if Crude can rise to 75-85 range.
Cheers
Neil Bahal
Dynemic Products (27-08-2015)
I am hearing that China has shut down a lot of chemical companies to clamp down on pollution. Any views on Dynemic at 48?
Also looks like the promoter picked up a small quantity of 2000 shares today from open market. Meaningless but still something.
**The only questions are whether the capex is on track and if the company will manage to increase EPS above 9 in FY16? and will cash flows be positive?
NGL Fine Chem-Re Rating Possible? (27-08-2015)
Everything is good....but the company has no cash flow from operating activities which I find very 'putting off'. How can we invest if there is no cash flow from operations?
They are taking debt to fund everything.
Indocount notes from AR (27-08-2015)
Did anyone attend the AGM guys? Any updates?
The stock is holding up superbly in this volatile period. Some AGM notes would come in handy.