Odyssey Technologies BSE Code:- 530175 CMP Rs.74.15/-

          Odyssey Technologies is a leading player in Public Key Infrastructure Technology. For all online financial transactions to prevent fraud & misuse of the system RBI has said that all Banks & Financial Institutions should use PKI technologies to authenticate a user in Internet Banking System. Two Step Authentication is now gaining momentum in the online financial transaction. This can be only implemented by using PKI technology.

Here is RBI suggestion for using PKI.

http://rbi.org.in/scripts/PublicationReportDetails.aspx?UrlPage=&ID=765

               RBI is now trying to implement "Paperless Banking"  which will open up a tremendous opportunity in front of Odyssey. So Odyssey has a bright future prospect. One should enter into this stock..

Check the website of Odyssey for more info about the company.

http://www.odysseytec.com/

Shreyas Shipping BSE: 520151 | NSE: SHREYAS CMP Rs.428.50/-

              Shreyas Shipping is a Transworld Group Company. Transworld is one of the largest group in Shipping & Logistics Sector. It has two subsidiaries

1). Shreyas Relay Systems Ltd (100%)
2). SRS Freight Management Ltd (51.1%)

 CONTAINER FEEDER SERVICES:Shreyas Shipping the listed company operates in this business. Container Feeder Service covers carriage of containers of Main Line Container Operators from Indian Ports to proximal well equipped International Container Transshipment Terminals like Dubai, Colombo & Singapore. It is the one and only one company in India which provides this type of service.

 Multimodal Logistics Services:Shreyas Relay Systems provides scheduled round the clock seamless, door-to-door, domestic, multimodal container transportation solutions incorporating the Road-Rail-Sea-Air route.

Freight Forwarding Services:SRS Freight Management Ltd, leveraging its own domestic network & through the parent Transworld Group’s global network spread over Europe, USA, Middle East, Far East and Indian sub-continent offers the customers with complete Freight Forwarding and Supply Chain Management Services (SCM) around the globe.

Fleet Size: Company has 6 vessels in its fleet. Company may further expand its fleet size in near future.

• OEL Kochi
• OEL Kutch
• OEL Trust
• SSL Sagarmala
• SSL Mumbai
• SSL Gujarat 

        Decline in Crude Oil prices will give further benefit to the company because fuel cost is a major cost component of Shreyas. So profit margin will increase more in coming quarters. Increase in margin can be visible in Dec' 2014 quarter.

              In the recent result press release for Dec quarter company has announced plans to foray into E-Commerce sector. If it do that then it will be only one of the few listed e-commerce companies.

             When all other e-commerce & logistics companies are trading at astronomical valuation of 50-60 times PE ratio. This stock is trading at just at 10 time PE based on its FY16 estimated EPS of Rs.40/- which is a dirt cheap valuation.

http://www.transworld.com/shreyas/

JBF Industries ( BSE Code:-514034,NSE Symbol:-JBFIND) CMP Rs.258/-

                JBF Industries  is a Gujarat based company. JBF along with its foreign subsidiary JBF Global Pte. (Singapore) is one of the largest producer of PET (Polyethylene terephthalate) Chips & BOPET(Biaxially-oriented polyethylene terephthalate) Film globally. Besides these products they are also manufacturing Polyester and Synthetic Yarns.

                 Now for producing these products main raw material is PTA (Purified terephthalic acid). The company has decided to set up a PTA plant  at Mangalore, Karnataka of 1250 KTPA (Kilo Ton Per Annum). For this plant they are tying up with British Petroleum. They are expecting commissioning of this plant by Mid 2015. This plant will give tremendous cost benefit for the company which will easily quadruple its profit.

Check this link http://www.bp.com/en/global/corporate/press/press-releases/first-for-bp-as-it-licenses-latest-generation-pta-technology-to-jbf-petrochemicals.html

In this website the following is written.

"BP and JBF Petrochemicals (a wholly owned subsidiary of JBF Industries Ltd.) have signed an agreement for licensing BP’s latest generation purified terephthalic acid (PTA) technology. JBF intends to build a 1.25 million tonnes per annum (tpa) unit at the Special Economic Zone in Mangalore, India, to produce PTA, the primary feedstock for polyesters used in textiles and packaging. JBF expects the Mangalore plant to come on stream at the end of 2014.

“This first third party, non-affiliate, licence recognises the quality of BP’s technology and builds on the excellent relationship between our companies. JBF is a world-class polyester producer and I’m proud that they’ve chosen BP’s leading technology,” said Nick Elmslie, chief executive of BP’s Global Petrochemicals Business.

“Our PTA technology has significantly lower capital and operating costs compared with conventional PTA plants and is more energy efficient, uses less water, and produces less solid waste than its competitors. We have invested significantly in our proprietary technology and there are two routes to monetize this; one is through investment and one is through licensing. We have decided that the maximum value to BP will come both from investing in projects such as our Zhuhai 3 project in Guangdong, China and through licensing.”

Over the years the PTA market has continued to grow at a high rate, over 80% of the demand is now in Asia, with around 50% in China alone. “The market is now of such a scale - greater than 50 million tonnes a year and continuing to grow at close to 7% - that three or four new world-scale plants per year will be needed. This creates a material opportunity for us to add value by way of our technology,” said Elmslie.

Mr. B.C.Arya, Chairman JBF Industries Ltd., and Director of JBF Petrochemicals said: “This investment is highly strategic for us, fulfilling our captive requirements for PTA at the lowest possible cost. This will make our integrated operations in India and the UAE highly competitive for the long term and underpin our position as one of the world’s leading polyester producers.”

Notes to editors

BP

BP’s Global Petrochemicals Business has total (net to BP) capacity at 18 locations in nine countries of 18.5 million tpa including 7.5 million tpa of PTA. BP is one of the world's largest oil and gas companies, serving millions of customers every day in more than 90 countries, and employing 83,400 people. BP’s business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and bio fuels businesses, and a carbon capture technology team. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.

BP’s PTA technology was originally developed in the USA during the 1950s and through successive iterations has continued to improve in terms of its capital and operating costs. This current generation of technology relies on proprietary energy recovery and water re-use technologies to deliver; 75% lower water discharge, 65% lower GHG emissions and 95% lower solid waste generation than conventional PTA technologies.

JBF Industries

JBF Industries Ltd. is a global polyester producer with annual capacity of 1.1 mtpa, with three manufacturing sites in India (Sarigam and Silvassa) and one in the UAE (Ras Al Khaimah). They are listed on both the Mumbai Stock Exchange and the National Stock Exchange of India Ltd (NSE), and the major shareholders are the Arya family with 42.7 % (as of 31st March 2012) ownership.

In October 2011, BP and JBF reached agreement on the construction of JBF’s 390,000 tpa PET (polyester resin) plant at Geel, Belgium, alongside BP’s 1.4 million tpa asset, Europe’s largest PTA facility.

Further information:

Name: BP press office
Location: London
Phone : +44 (0)20 7496 4076

Email: bppress@bp.com"

        Besides PTA JBF is also setting up plant in Bahrain and Belgium for producing BOPET Films and PET. After completing all the expansion its production capacity will be following.

Click on the image to zoom it.

     After completing all the expansion by FY16 one can expect minimum EPS of Rs.100/- by FY17. So at CMP of Rs.258/- company is trading at just 2.5 time PE multiple which is damn cheap valuation. JBF Industries has all the ingredients to become a true multibagger in coming times. 

http://www.jbfindia.com/