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Wednesday, 26 April 2017

Milton Brand: Mktcap 28cr:

*MPL Plastics Ltd*

Mumbai based MPL Plastics has 2 mfg units ( Pune and Silvassa).  MPL sells it's plastic wares and thermoware products under *MILTON* brand. It's Product range includes:

Flasks
Casserole
Tiffin
Water Bottles
Water Jugs

*Milton in fact was 1st co in India to introduce 30 years back  thermowares by developing in house Technology and became household name*

               2015-16

Sales.     31cr

NP.         2.17cr

Equity   12.50cr

Promoter.  31%

Despite being one of the oldest and strong brand, MPL has not grown and continues to be a small company

Considering its assets (2 factories) and _valuable Milton brand_, current Mktcap appears very very small

Of late, there is hectic activity at the counter and nearly 1 lac shares delivery everyday

Is MPL take-over target?

Low risk High Reward opportunity

Investors may either lose 20% or can gain 100-200% in next 9-15 months

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