Kingfa Science & Technology (India) Ltd
- CMP 1100 ( overvalued )
-Promotors holding 74.99%
-almost debt free
- part of Kingfa china
Products-
1-POLYPROPYLENE
2-ENGINEERING PLASTICS Compounds ( PET,PBT,Nylon)
3-THERMOPLASTIC ELASTOMERS
4-Fiberglass honeycomb composite panels
5-POM-Polyoxymethylene-( Acetal,polyacetal and polyfromaldehyde) - This is also engineering thermoplastic
6-LFT- Long Fiber reinforece thermoplstics
7- PA6 and PA66
Plant location
1- Manesar
2- Puducherry
3-Chakan ( Pune) ( Recently started)
-Capacity from Manesar and Puducherry is around 110000 mtpa
- capacity in chakan (Pune )
phase 1 - 75000 mtpa ( already started ) presently i dont know the status of capacity utiliztion
total plan is to expand to 300000 mtpa gradually in next few years
- so i assume its total production capacity will be around 400000 mtpa in next few years
- Why i like this company
1- Growing segment of its products
2- All big clientele
3- good promotors holding
4- Debt free status
Read about plastic industry and eng plastic
Read about thermoplastic elastomer

Risk -
- worsening of indo china relation
- low float
- stretched valuations
but i feel eng plastic demand will keep on increasing with rapid pace in Electric vehicle , appliances , healthcare segment , many other,
Their entry in to Surgical mask and N95 mask division is additional booster to revenue . they are right now in nitrile gloves segment also which i feel is a big opportunity going forward also .
- Not sure about N95 mask but surgical mask segment should grow in my opinion .

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More from @drprashantmish6

6 Jun
Thermoplastic elastomers ( Thoda Gyan)
What is a Polymer?
It is necessary to explain some basic points before providing detailed information about Thermoplastic Elastomers (TPE).( From Elastron)
A polymer is a large molecule made of repeating small and simple chemical units. They are classified as follows according to their formation ability. TPEs (thermoplastic elastomers) belong to the elastomer class.
There was a clear distinction between rubber and plastics before TPEs were introduced. Rubbers are soft, flexible, and elastic, whereas plastics are known to be hard and rigid.
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If you want to take any holiday club membership that please read my thread to know what will happen to you
1 - When you join their membership first they will asses your income and offer their membership to you accordingly, generally they offer lowest level membership
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2- Then their representative will call you and will tell you that upgrade to better membership by paying some money
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1 Jun
Chemcon- CMP 455
HMDS is required for semiconductors
PLI for Penicillin G is a growth opportunity for Chemcon
Promotors holding around74.4%
Debt free
Good ROE and ROCE
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Some Gyan on Cement ( all copy paste(civilread.com)
Cement is primarily characterized into two types:-
1Hydraulic cement
2Non-hydraulic cement.
Hydraulic cement:
The cement which hardens in the presence of water because of Hydration
This type of cement can also harden in underwater. Portland cement is the best example for hydraulic cement.
Non Hydraulic cement:
The cement which doesn’t harden underwater is called non-hydraulic cement.
This type of cement hardens when it reacts with the atmospheric carbon dioxide (carbonation). This cement is resistant to attack by chemicals after setting. Non-hydraulic cement is manufactured using non-hydraulic lime, gypsum plasters and oxychloride, which has liquid properties
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