Jul 13, 2015

Waterbase_update: be and make


When stock discussed was at 21/- on 12.06.14 after That stock went to high of Rs.90+ and after some news regarding pinnae feeds, stock fell from the peak. Now, company came with wonderful news that the pinnae feeds will merge with the water base. Post the merger the capacity is likely to increase 3X and Varun Aditya Thapar as Non Executive Director likely monitoring all the business and likely to rock the company. There are some concerns regarding the exports of shrimps etc., but we all are eating and not going live without eating :) . So, the prospectus of the industry is bright and likely to grow with healthy rate. India’s export contribution globally very low and untapped opportunity is very robust. Considering all the issues I conclude that Water base even at the current levels of Rs.70+ is must study stock.
Corporate presentation of the company: Corporate presentation

Advance wishes
With thanks
Be and make

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