
LANXESS ABS LTD IS WORTH INVESTING AT THE CURRENT LEVEL.THE COMPANY HAD REPORTED A NET PROFIT OF 27 CR ON A CAPITAL OF 17CR FOR THE YR ENDING DECEMBER 2006.DECLARED A DIVIDEND OF 30% WITH BC ON 14/4/07.IN THE CURRENT YR EXPANDED CAPACITIES WILL CONTRIBUTE 35% GROWTH .BEING AN MNC ,ONCE IT CATCHES FIRE ,IT CAN BE A 5 BAGGER ,WHEN THE NEXT BULL PHASE WILL START.ONE SHOULD NOT MISS THIS SAFE GOLD MINE.THE PRICE HAS STABILISED AT 138.
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