Online
|
|
NSE Announcements on ESS DEE
Posted by :
MMB MessengerEss Dee Aluminium Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange vide notes to Accounts in the unaudited (provisional) financial results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 31, 2009) regarding the observations of the statutory auditors of IFL in their audit report on the accounts for the year ended March 31, 2009 along with comments of IFL. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Ltd has informed BSE about the Financial Results for the Quarter ended June 30, 2009....
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange that CRISIL Limited have assigned "P1" (pronounced "P One") for the Rs. 500 million Commercial Paper Programme of the Company. This indicates that the degree of safety with regard to timely payment of interest and principal on the instrument is very strong. CRISIL Limited have also assigned the ratings for the bank loan outstandings of the company. The details of the same shall be available on the NSE website http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on ESS DEE
Posted by : MMB Messenger
Ess Dee Aluminium Ltd has informed BSE that CRISIL Ltd have assigned "P1" (pronounced "P One") for the Rs 500 million Commercial Paper Programme of the Company. This indicates that the degree of safety with regard to timely payment of interest and principal on the instrument is very Strong.
CRISIL Ltd have also assigned the following ratings for the bank loan outstanding of the Company detailed below:
1. Facility - Long Term Loan
- Amount : Rs 500.0 Million
- Rating : A+/ Stable
2. Facility - Cash Credit
- Amount : Rs 550.0 Million
- Rating : A+/Stable
3. Facility - Letter of Credit
- Amount : Rs 680.0 Million
- Rating : P1
4. Facility - Bank Guarantee
- Amount : Rs 20.0 Million
- Rating : P1....
Multibagger Parekh Aluminex target 400 (CMP Rs 111)
Posted by : Guest
Please do not miss this opportunity to load up this gem.
Reason:
Industry leader in its product (AFC/AFR) a FMCG product used in railways , airlines and hotels
Selling at P/E 3.8 on FY09 earnings and 2.2 on FY10 earnings while metal packaging industry peers are trading at 13. FY09 book value at Rs231
Complete monopoly in the country in its core operations (Aluminium foil containers for packing food.) Has made a big foray into foreign markets.
85% market share in its product with no competition seen in near future.
Rated as outperformer by four analysts in Financial Times London
48% revenue growth CAGR for last five years from 59Cr to 421 Cr. No earning hiccups.
60% growth in net profit CAGR in last five years from 3.58Cr to 38.14 Cr.
Consistently increasing dividend from 10% in 2005 to 25% in 2009
Capacity expansion by 2.5 times is complete and EPS is expected to double from these levels on FY10 earnings.
No threat from china as china is a net importer of the raw material.
Management with good integrity.
The FY2010 EPS is estimated at 51 due to capacity expansion results and the stock must reach 400 even for a moderate P/e multiple of 8.
...
BSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2009, inter alia, has recommended a dividend of 20% on the equity shares....
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange that vide notes to Accounts in the Audited financial results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 30, 2009) regarding the observations of the statutory auditors of IFL in their audit report on the accounts for the year ended March 31, 2009 along with companys comments. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Ltd has informed BSE about the Unaudited Standalone & Consolidated financial results for the Quarter ended March 31, 2009 & Audited Standalone & Consolidated financial result for Year ended March 31, 2009....
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 30, 2009) regarding Utilisation of IPO proceeds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange that the Board of Directors, at their meeting held on June 30, 2009 have recommended a final dividend of Rs.2 per share for the financial year 2008-09....
Disappointing Results.
Posted by : GuestThe company has posted disappointing results for the quarter. Negative topline growth from the previous quarter and sharp decline in EPS growth. The stock is overvalued at p/e 13 compared to its industry peers. Sell ESSDee and invest in the industry leader Parekh Aluminex which has posted 46% EPS growth.....
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has informed the Exchange that the Company has opted to adopt audited financial results for the financial year ended March 31, 2009 on or before June 30, 2009. Hence, the Company will not be publishing the un-audited financial results for the last quarter ended March 31, 2009....
BSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Ltd has informed BSE that the Company has opted to adopt audited financial results for the financial year ended March 31, 2009 on or before June 30, 2009. Hence, the Company will not be publishing the un-audited financial results for the last quarter ended March 31, 2009....
NSE Announcements on ESS DEE
Posted by : MMB MessengerEss Dee Aluminium Limited has submitted to the Exchange a copy of the disclosure in compliance with Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992, received from M/s. APIS Capital Advisors, LLC, under Regulation 13(1). A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
