Penny Stocks - Panama Petrochem Ltd - Penny Stock Idea in Equity / Stocks - CMP: 238
Panama Petrochem Limited manufactures and exports petroleum specialty products. The Company markets its products to inks and resins, ...
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11-11-2011 11:35 PM
Panama Petrochem Ltd - Penny Stock Idea
CMP: 238
Panama Petrochem Limited manufactures and exports petroleum specialty products. The Company markets its products to inks and resins, textiles, rubber, pharmaceuticals, cosmetics, and cable manufacturers.
Panama Petrochem is a 203 Crore penny cap stock. Its currently trading at a P/E of 5 with good dividend yields of 2% in the last 12 months. Minimal liability. Revenues have grown steadily from 197 Crores to 464 Crores in the last 5 years. Profits have risen from 11 Crores to 37 Crores in the same period. NPM has moved up smartly from over 5% to 8% in the last 5 years contributing nicely to growth. Buy and hold for long term gains.
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