Golden Agri (E5H.SI) : Posted Good Result (Share Price SGD0.75)

Look at the CAGR for past 5 Years:-

Operating at Low Gearing :

Source : GAR WEBSITE

Comments:-
1. Healthy balance sheet with US $8 billion net asset.
2. Low gearing
3. NTA per share @ US $ 0.66 (SGD 0.80)
4. Currently trading at 12.5x PER based on share price SGD0.75
5. If the CAGR can continue for coming years, GAR may record a higher revenue and profit. Target Price :-
    Level 1 - SGD0.77
    Level 2 - SGD 0.85
    Level 3  - SGD 0.93

If anytime the share price weaken to below SGD 0.70 due to weak market sentiment/other external factor, start to accumulate as the strong support level range from SGD 0.57 - SGD 0.65 level.

Good Luck !