Sunday, November 8, 2009

OK PLAY - MORE THAN OK

With growing children population and more parents working, the children need to be satisfied. What better way than pamper him with toys. This is where OK play comes into picture.
The company has come out of Red and posted profits for the last two quarters.
To meet the growing needs of the retail sector, the company entered into marketing, technical and manufacturing agreement with Purform, one of the largest selling mannequin brands in the world from New Zealand.

Ok Play has tied up with an Israeli partner and is in the process of creating better and bigger technologies for its customers . It is slowly moving away from being a plasticsmade-to-order engineering and consulting company and is graduating into a company manufacturing products and a range of them.
OK Play has come a long way. It began with an attempt to create innovatively designed overhead water tanks for houses. shifted quickly to toys and acquired a company in the United Kingdom called OK Play and used his own expertise of rotation moulding plastic to create better and more appropriate things for the corporate customer.

As the Euro IV Norm has has made it mandatory for vehicles to have anti inflammable fuel tanks, OK Play is right to exploit this business opportunity with its expertise and knowledge.

Remember that Benneth & Coleman bought this Share at Rs.130 levels.

At the Current Market Price of around Rs.25, there is very little downward and can be bought for both short term and medium term.

BUY


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Disclaimer: This report represents the personal views of the Author and is not a solicitation/invitation to any one to buy/sell the stock. The information has been obtained from the Public domain and various sources, which are believed to be reliable. You are advised to verify yourself before taking any investment decision. In spite of this, the author does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. He shall not accept any liability whatsoever arising from any decision taken on the basis of the above report. The author or his family may have a position in the stock at the time of writing and could be interested in the stock going up.

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