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Monday, 17 April 2017

DOW TIMES (ABOVE & BEYOND):
_MINING to MICRONISING to SUBMICRON to NANOSIZING_

*20 Microns Ltd*

Stock is being recommended as 20Microns  is engaged in Mining to Minerals and Chemicals

20Microns has _Calcite mines and Kaolin mines_ at SIX locations with reserves of 76000000 tonnes

Company is producing Ultrafine Calcium carbonate, Aluminium Silicates and Synthetic Barium Sulphates for Paint and Construction industry
20 Microns has *7 mfg locations with capacity of 125000 tons*

Financial Performance;

            9mFY17 9mFY16

Sales.      284.      262

NP.          11.73.    6.98

Equity.    17.64

FV RS.         5

EPSRs.     3.35 .  2.00

20MICRONS has reported bumper results for 9m:
*Sales up only 9% but NP has spurted by 68% to 11.73 cr, despite 200% rise in income tax*

20Microns is only listed co in this space
With diversified plant locations and mines also located at different locations, co has unique logistics advantage. With user industry growing at rapid pace, 20MICRONS has *bright future*

20MICRONS should report EPS of 5 for FY17 and Rs 7.50 for FY18

*TP Rs 125 in 18 months*

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