Dollex Industries Ltd. (Rs 106.6) - carbon credit -
Thanks so much for your suggestions. can you plz tell me what could be its 1 yr target??
Thanks, Nathan
On 9/11/07, Zafar M wrote: > > Dear Nathan , > Dollex is certailny a buy at this level with a 12 month holding period. > In past i have been reecomending this stock in this forum. > Management is very sound. > Note: I hold this stock > Regards > > > On 9/10/07, Nathan L wrote: > > > > > Hi all, > > > > I found this in a forum > > > > Here’s what I found what Networth Stock Broking Ltd Says about Dollex > > Industries Ltd. > > > > ———— > > Dollex Industries Ltd. (Rs 106.6) - carbon credit - > > windfall gain. > > Dollex Industries has inked a deal with the UK’s Novera > > Energy, one of the largest carbon traders in the UK and > > Australia. The deal will bring in a cash inflow of Rs1000mn. > > This will help the company in setting up Rs 2000mn > > integrated unit in Gujarat. The Company had earlier > > emerged as the highest bidder in the tender floated by > > Commissioner of Sugar - Maharashtra for Kalamber SSK > > Ltd. In view Mandatory 10% Ethanol Blending program by > > GoI, the Company plans to infuse a further Rs 10 crores into > > Kalamber SSK over the next year. The Company will > > expand the Sugar crushing capacity of the unit to 10000 > > TCD and further add 100 KLPD of Ethanol capacity and 30 > > MW of Co-Generation power.This is the second major cooperative > > sugar Company acquired by the Company in the > > past one year, the earlier being Godavari Manar SSK. The > > Company plans to make a further 3 acquisitions to fuel its 3 > > year plan of becoming one of the largest integrated players > > in its segment.The current sales (FY07) of the company are > > Rs.25.4mn with a net profit of Rs16.5mn. The stock is > > trading at 35.3x its trailing twelve months EPS of Rs.2.81. > > We recommend a BUY on the stock. > > > > — Networth Stock Broking Ltd > > > > If you find this information usefull then post your comments about > > this company. > > > > Thank You > > > > > > > > But if you turn your attention to other things… > > It comes and softly sits on your shoulder… > > > > Don’t seek happiness… Happiness will find you!!! > > > > > >
