JK Paper - Best Bet in Paper Sector?


(Devaki Nandan Tripathy) #22

Interesting outlook of the paper industry, worth a look.

Disc.: Vested interest.


(Deepak Saini) #23

Another good news for Indian Paper Industry
http://www.xinhuanet.com/english/2018-11/29/c_137639863.htm#0-twi-1-10119-7250227817ecdff034dc9540e6c76667

Dongting lake has total installed integrated capacity of roughly 3.7 Mn Tonnes. And per this news, the entire capacity is going for a toss

Next 2 yrs will be very exciting for Indian Paper Companies.


(Gaurav Agarwal) #24

In conference call of q2fy19, management mentioned that Sirpur Paper Mill will be subsidiary of subsidiary of company, therefore any debt taken to buy/takeover/upgrade the mill will be reflected in only Consolidated numbers of the company.

In-spite the company published Standalone numbers for half-year Fy19 only, how will investors get handle on the real debt of the company??

How communicative/co-operative is investor relations of the company?


(Divyanshu Taneja) #25


Ab aage kya, kya downturn shuru ho gaya?


(GreyCells) #26

One needs to read this report and understand it neatly.

There is no down fall predicted but the report has pointed out that what is driving prices now and how we need to track it.

Currently the high pulp prices globally (due to china waste paper ban) is adding delta to the profits of Indian Paper stocks (those with integrated facility). This delta could vanish if pulp prices revert to mean.


(Deepak Saini) #27

Per Latest Shareholding available at https://www.bseindia.com/corporates/shpSecurities.aspx?scripcd=532162&qtrid=100.00

Ace Investor Dolly Khanna has bought 22,01,749 Shares of JK Paper which is 1.24% of company. Its quite a large bet that he is putting into JK Paper.


(prawin) #28

Why is JK paper down today (~9% down)? Couldn’t find any negative news.
All i can see is positive news. Future also looks very positive.


(Hitesh Patel) #29

@prnwin

JK Paper down 9% should not come as a big news if overall there is panic and capitulation in small and midcaps space. A lot of these commodity type companies are taking a hit (besides other good companies too) . I had a look at Mangalam org and kanchi karpooram. Inspite of good nos from mangalam org and expected good nos from kanchi both are down in 5% ckt. Same goes for a lot of small and micaps stocks.

There seems to be a lot of panic and fear in markets and there is negative newsflow which began with the Zee group stocks disclosure. Apparently today there is expected to be some big bang announcement from cobrapost. I dont know whats going to come out of it and which company/business group they are likely to come out with but these kind of events has got the markets spooked.

These panics are short term events and one should be on the lookout for bargains.


(AlphaByron) #30

Jakarta based APP signs an MOU with the AP government for a 5 MT greenfield project in Prakasam district. Notwithstanding the fact that this project will take some years to come to fruition, it will be interesting to see how the supply-demand scenario and profitability plays out with their entry. Regardless, the belief in the demand and growth of this sector in the coming few years is fortified.


(Deepak Saini) #31

Sirpur Plant will run in full steam from April. Q1 will reflect numbers


(ramanhp) #33

Good Set of Numbers from JK Papers.


(GreyCells) #34

Could not understand the higher tax outgo this quarter.
Even the MAT tax adjustment