@Donald need your help in analyzing the current prices of caustic soda. Can you please advise where can i find month wise price of caustic soda from April 2016.
Please anyone else if you have any idea kindly share
Something like this for current date will be helpful.
http://www.derivatives.capitaline.com/newsdetails.aspx?sno=621166&opt=HP&secid=21&subsecid=156&SelDt=
Sorry Nikhil
No idea. I stopped tracking this in 2012 itself
@Donald, Olin Corp, which is the global leader in the Chloro-Alkali industry has put out this slide in its earnings presentation
Maybe its time to revisit the idea?
Agree with you. I can see a lot of trends and leads in caustic soda coming in. @Donald need your inputs.
Little old report, however good for those who want to have some more idea on this Caustic Soda industry :
http://eliteconferences.com/wp-content/uploads/2014/11/W.pdf
Report on PVC + Caustic Soda
talked to CS once again - they are saying by august 10 company will get list on exchanges
As updated by @abhiskitit , results will be out before listing
http://www.bseindia.com/corporates/anndet_new.aspx?newsid=33014e7d-6741-4a76-9805-ca0e8952ddda
Results on Jul 27th
We could get some idea about listing from the numbers.
Disc : Invested
The numbers are out, however as per my interpretation they are not so good.
EBITDA Margin is down as compared to before this merger. EPS is meager 3 Rs.
If I am missing something, then pls do highlight the same.
With this kind of results I guess listing may not be too good 
http://www.bseindia.com/xml-data/corpfiling/AttachLive/cbd5861d-cd13-47c7-a4b1-64ef4f771f85.pdf
Disc : Invested
Old Chemfab shareholders to get 10 Shares in new entity for 7 held previously meaning ~42% higher. Pls. refer the attached pic for reference
TCL has valued Chemfab at 343 Cr against current market cap of 241 Cr which is quite modest. Moreover with expansion plans and good margins with the technology, Chemfab is bound to benefit.
TCL business maynot be such a overhang given the latest results so all in all, I am satisfied.
Discl.Invested
Thanks @atishay1 for the update, I am aware of share swap. Even though we will be getting 42 % more shares however EPS is down by 50 %. Moreover with EBITDA down percentage wise as well would negatively affect. Moreover now there is some debt as well on the books.
Any reason you could think of for this degraded performance ?
With expansion plans, I am hoping for next year or two its a good bet.
EBITDA % is down because of TCL business not because of Chemfab as a total entity. Its very well known Chemfab is much better entity compared to TCL. Absolute EBITDA levels approximately aligned to the last 2 quarter results and debt is also not that much and hence my remark that TCL business unlikely to be a big overhang to the overall business.
Last I heard from the company, TCL business is showing signs of improvement as well. My concern regarding the merger was only that promoters may try to benefit at the cost of minority shareholders which didn’t seem to be the case. Hence I am fairly satisfied.
Discl. Invested
Any idea about the listing date ?
I tried writing to their IR however didnt get a response. I will try to call them and see if can get some info.
IR told they are working on the listing process however dont have any ETA yet.
My guess wud be end of this month or early next month.
Called their IR again and still they are clueless about listing date… repeated the same answer that documents have been submitted and waiting for approval from concerned govt authority for listing…
Yeah, they have been responding with same statement for several weeks now.
I guess they are waiting for this quarters results ( hope fully better than previous one if GST don’t affect them) to list it.
I hope its listed soon and not while mkt is in downtrend
Disc : Invested
well be the case - also chor alkali companies set to benefit from rising caustic soda prices - gujarat alkali also perfoming very well!!
All we need is listing of shares in decent market conditions - that will ensure very decent gains for all!
Talked to CS in detail - he is of view that BSE is demnading some procedural documents and nothing major - company is trying to get appointement from BSE and CS expect listing to happen in next 3weeks! (although he is saying this from sept!!)
Again got similar response from company regarding relisting. I have raised a complaint with SEBI regarding this, will update once I get any response.
Here is the URL where we can register our complaints.
Excellent Q2 results…http://www.chemfabalkalis.com/pdf-2017/Q2-Financial-Results-QE-30-Sep-2017.pdf
Discl. Invested
