Twitter : @KedaiTrader
Facebook Fans : Kedai Trader
Website : www.kedaitrader.com
ASRI: 490-560. FULL YEAR 2011 net profit could rise by 99% to IDR578 billion from IDR290 billion a year earlier due to higher sales. It is now trading at a p/e ratio of 12.4X 2012 earnings, below the property average p/e ratio of 15X. At that average, ASRI should be fairly valued at IDR600. Best buy is at any levels below IDR490. Beware of a sudden correction... baca selengkapnya
JAWA : BUY; Rp380;
Price Target : Rp450; JAWA IJ
FY12F capex plan
Kontan reported that JA Wattie (JAWA IJ) plans to allocate Rp489bn to finance its aggressive expansion, much higher than our forecast capex of Rp200bn. JAWA plans to utilise the capex outlay to construct a 45 MT/hr CPO mill, one crumb rubber plant, two ribbed smoked sheet factories, and new planting of oil palm and rubber trees. The company plans to plant 3,500ha of oil palm trees and 4,500ha of rubber trees this year. As of 9M11, the company has already spent c.Rp197bn against our forecast for FY11F's capex of Rp200bn. JAWA plans to utilise a combination of its recent IPO proceeds as well as external borrowings to finance the capex outlay.
Source : Kedaitrader
Posted By Blogger to Kedai Saham at 1/10/2012 10:08:00 AM
No comments:
Post a Comment