Wednesday, January 16, 2008

ACi ltd............Major annoucement at BSE

Freinds,
I am happpy to see this annoucement at bse today and was extermly happy to note that my Call on ACi is vindicated.
I has never doubt about the ability of this company anf being a Ewaste company with producing Laptops cheaper and also durable as Ashok Trivedi wrote.
I hope those having doubts and were asking me about this company ,about the credentials of this company is laid to rest.


Allied Computers International (Asia) Ltd has informed BSE that the service contract the Company have been awarded by a UK firm to recycle laptop parts at the Company's EHTP plant in Gandhinagar, Gujarat.The Company win is first E-waste recycle order worth Rs 10 Crore.Soon after the Company's press announcement of its plans to launch its E-Recycling plant in Gujarat, a UK firm, Open Start Ltd dealing in laptop parts has awarded ACi a contract worth over Rs 10 Crore. Open Start Ltd is to send a minimum of 5,000 motherboards in the first shipment for ACi to repair on job work basis.ACi expects many orders of such nature in the year 2008 from various parts of the world as the extended facilities are fully setup and functional to handle high volume."Our setup at Gandhinagar will be one of its kind in India and we expect many orders of such nature from around the world" says, the Managing Director, Mr. Hirji Patel, He further adds "This unit will help resolve the ever growing global shortage of laptop motherboards""With our E-Recycle unit in Gujarat, we will be able to re-cycle all PCBs and LCD screen used within laptops and LCD monitors. The Company is expected to generate substantial local and export revenue with this service in the forth coming fiscal year" says Mr. Hirji Patel.

2 comments:

  1. hi rajeev,
    sahyadari on upper circuit on news of increase in equity capital,congrats one more feather in ur cap........
    raima

    ReplyDelete
  2. Hi Raima,
    Shayadri Ind is in Wind Power and they have alreday installed Wind Mills and have already started getting CC(Carbon Credits) for that.
    Just go to bse site and see all the annocement..recent and past...
    Try to find the site of Sahyadri Ind through google.
    Swatik Roofing is one where are owner and Swatik Roofing deals in Asbestose Sheet and likes and it is a brand name to reckon with....
    Remember to see the promoters stake as well..
    Raima , always make it a point to look at all my picks at bse
    1)Annoucement
    2) Promoters stake
    3) Results
    4)Sector
    5)BV
    6)NPM(Net profit Margin)
    etc .....
    BV and NPM you will get in Capital Market Magazine.Only read CM for BV, NPM and also for latest results.I have find CM uptodate....Please do not go through for Dalal Street Journal as their figures are not that precise....
    Regards,
    Rajeev

    ReplyDelete