Monday, August 22, 2011

Golden Agri ( E5H.SI )- SGD 0.64

During market uncertainty and volatile like now, it would be good to identify company that is fundamentally strong and can provide opportunity to make money. TRY Golden Agri:

Background:-

Golden Agri-Resources Ltd ("GAR") is the world's second largest palm oil plantation company with a total planted area of 446,200 hectares (including smallholders) as at 30 June 2011, located in Indonesia. It has integrated operations focused on the production of palm-based edible oil and fat.

Founded in 1996, GAR is listed on the Singapore Exchange since 1999 with a market capitalisation of US$6.7 billion as at 30 June 2011. Flambo International Ltd, an investment company, is GAR's largest shareholder, with a 50% stake. GAR has several subsidiaries, including PT SMART Tbk wich is listed on the Indonesia Stock Exchange since 1992.

GAR is focused on sustainable palm oil production. In Indonesia, its primary activities include cultivating and harvesting of oil palm trees; processing of fresh fruit bunch into crude palm oil ("CPO") and palm kernel; and refining CPO into value-added products such as cooking oil, margarine and shortening. It also has integrated operations in China including a deep-sea port, oilseeds crushing plants, production capabilities for refined edible oil products as well as other food products such as noodles.


Key Numbers USD (Currency in Millions)
Income Statement
Total Revenue $3504.66
Gross Profit $954.59
Total Operating Expense $1593.69
Operating Income $1910.97
Net Income before taxes $1929.18
Net Income after taxes $1447.15
Net Profit Margin 41.29%
Balance Sheet
Total Assets $10114.45
Current Assets $1491.91
Total Liabilities $3288.59
Current Liabilities $1060.90
Long Term Debt $443.64
Total Debt $984.35
Total Equity $6825.86
Cash Flows
Cash from Operating Activities $167.41
Cash from Investing Activities $(469.79)
Cash from Financing Activities $184.37
Net Change in Cash $(118.00)
Total Revenue (Millions) Q1 Q2 Q3 Q4 12 months
2011 $1463.03 $1600.51 NA NA NA
2010 NA $726.22 $964.74 $1189.16 $3504.66
Net Income (Millions) Q1 Q2 Q3 Q4 12 months
2011 $230.70 $179.86 NA NA NA
2010 NA $66.05 $99.17 $1169.30 $1423.04

Listed on SGX and quoted in SGD. Conversion 1 USD = SGD 1.208

1. EPS = SGD 0.08
2. Healthy Balance Sheet
3. Improved net profit and sustainable.

Accumulate if share price range from 0.64 - 0.56.

PER ===Share Price (SGD)
10 ===0.80
9 ===0.72
8 === 0.64
7 ===0.56
6 === 0.48

Golden Agri share is actively trading on SGX, therefore this counter able to provide trading opportunity for those looking for 5%-10% investment return.
























KULIM (Stock Code 2003): RM3.78

Price maintain well at RM3.50-3.80 level ( trading at PER11x).
May start to accumulate if share price drop below RM3.50.

GOOD LUCK!

Tuesday, August 16, 2011

Counters That Can Try Your Luck.!

1. BIMB - TP = RM2.30 - RM2.45
2. PCHEM - TP= RM6.80-RM7.00
3. TDM - TP = RM3.20-RM3.30
4. AFFIN - TP = RM3.30 -RM3.50

Tuesday, August 9, 2011

Storm To Wipe Off The Shares Market ?


Opportunity to accumulate when panic selling happened in the market.

Strategies:
1. Identify fundamentally sound and low gearing companies. (e.g blue-chip )
2. Apply 3 ROUNDS dollar cost averaging method to accumulate companies identified in step 1.
(Only average when share price drop 10%-15%)
3. Buy companies with good dividend payout records and holding a lot of cash in hand.