I think this underrated company currently.
I know this company, physical visited
1st ) It make bromine, demand is good
2nd ) solt demand is also good
3rd ) potash (khad) use in farming demand is not good,
If potash demand up may this company unlock value more faster.
Prons-
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 46.8% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 60.0%
Debtor days have improved from 37.6 to 29.8 days.
I know this company, physical visited
1st ) It make bromine, demand is good
2nd ) solt demand is also good
3rd ) potash (khad) use in farming demand is not good,
If potash demand up may this company unlock value more faster.
Prons-
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 46.8% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 60.0%
Debtor days have improved from 37.6 to 29.8 days.