|
|
|
| Name of Company | Assam Company (India) Ltd |
| BSE Code | 500024 |
| NSE Code | ASSAMCO |
| ICICI Code | |
| Established | |
| My Take | Dislike |
| Headquarters | Dibrugarh |
| Promoters | Jajodia family |
| Story | Own 18 plantations across India. Owns some oil & gas bases in Assam and Nagaland. |
| Sector | FMCG |
| Sub-sector | Tea plantations |
| Website | |
| Positives | Regular dividend from 2006(as far as I have seen) – but not sure why company is paying dividend even when it is making losses. LIC holds some shares. |
| Negatives | Bad financials, has been accumulating losses. 46% promoter holding, 1.5% pledged. |
| Peers | Tata Global beverages, Mcleod Russel, Warren |
| News | |
| Price @ blogged | 27 (11-Nov-10) |
| Cost of company | 834 Cr market cap for a 18 Cr loss and a 530 Cr debt makes it unreasonable. Reserves are also not shown. |
No comments:
Post a Comment