HBJ Report Factory Price - Rs 2500/-
Dear Readers,
The use of Plastic products has been a major cause of concern since long. We have seen people, organizations clamoring about reducing the usage of Plastic products.
These days as we move across streets, parks, etc, we see many PET bottles littered around giving not just a bad look but also posing serious threats to our environment.
PET is one of the fastest growing segments in plastics providing a hygienic, durable and user friendly packaging solution for all kind of bottled drinks, beverages, liquor, pharmaceuticals, chemicals, and other liquid products.
As the consumption of PET is growing, so as the quantum of its waste is increasing at rapid pace. PET bottle waste being Non-Biodegradable, its recycling is inevitable else piling of it will be the biggest threat to the environment.
Taking note of the above mentioned factors, we have chosen our "Business Insight" for the month of May'10. The company is the leader in its area of operations i.e. "Waste Recycling", and based on our projections (as per the discussion with the management) the company is all set for more than 7 times increase in profitability in next 2 years over the profitability for FY 2008-09.
This is more than a substantial jump in such a short period. Another factor that makes the company a multibagger is its area of operations, i.e. "Waste Recycling". Not many investors understand the business model of the company which makes it available at extremely cheap valuations.
However, as and when the company changes its name (Read : expected soon), the company will attract the attention of investors from all classes and shall lead to a complete re-rating of the company.
At MPS we have set a conservative target of just 8 times increase in next two years, however the Business Insight for "May 2010" is one of those companies, which can be held for even longer duration considering the quantum of waste being generated not just in India, but across the world.
