Rain Industries
1) Their vertical shaft plant should be online anytime which will make them lowest cost producer by a margin
2) Their chemical division is now working in full swing
3) With AL prices above $2100 US Smelters are now profitable and demand for CPC will be up #RKideas
1) Their vertical shaft plant should be online anytime which will make them lowest cost producer by a margin
2) Their chemical division is now working in full swing
3) With AL prices above $2100 US Smelters are now profitable and demand for CPC will be up #RKideas
4)They had a laggard in cement which too is now doing very well.
5) Their capex cycle is complete, now this company will become a cash producing machine with favourable tailwinds
6) See their operating cashflow numbers they are insane.
5) Their capex cycle is complete, now this company will become a cash producing machine with favourable tailwinds
6) See their operating cashflow numbers they are insane.
Technically
Stock is compressing with higher lows..close to a key resistance around 150 above which a new leg starts.
I will buy some next week heading into the result on 25th, post the concall if i like everything surely will double down. I believe this stock is a sleeping giant
Stock is compressing with higher lows..close to a key resistance around 150 above which a new leg starts.
I will buy some next week heading into the result on 25th, post the concall if i like everything surely will double down. I believe this stock is a sleeping giant
The one concern is debt but you have to appreciate that the promoter is one who knows how to use debt coz they got the carbon business on 100% debt many years ago. Plus their borrowing rates r v low. I hope though they sell their cement business and reduce leverage now.
Also the second and more important risk for me is markets could be cooling off. I’m not that worried about the debt.
And the move in Rain bas started. 🤞🏼
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