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Hidden gems... It is top 200 Asia under Billion Company, as ranked ny Fobres. Don't miss it...... Based on the annual report, its foundamental really sound.
JB foods is my another favorite pick.
what is gg on with this stock..fell from twenty plus to now 0.175.....any bad news on the co?
While China's rapidly advancing economy has allowed a great variety in diet across the country, one particular treat remains the undisputed king - instant noodles.
China consumed 42.5 billion packets of instant noodles last year, according to the World Instant Noodle Corporation (http://instantnoodles.org), a number which accounts for nearly 43 percent of the total amount of the product that was devoured worldwide.
In simple layman's terms that mean more than 100 million packs of instant noodles are eaten in China each day.
The surprising fact, though, is that per capita consumption of instant noodles was claimed to be 32 packets a year in China, which came in as less than South Korea (69 packets), Indonesia (63) and Japan (39.9).
MS
Well defend counter.. when most counters down
Thanks. Have looked into their future progress. If it is what they have claimed, ie their new machineries arriving in 1HY12 and their new factory coming into play in 2HY12, it might just spur on their stock. In any case, there's always an element of risk involved.
upnowhere ( Date: 19-Apr-2012 21:07) Posted:
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i am more on long term kind of investment.. so
looking into Financial report as in fundamental anaylsis point of view..
make sure you pick a healthly coy, not those which about to get into
trouble type.
Yang0295 ( Date: 19-Apr-2012 09:23) Posted:
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Thank you upnowhere, i took a look at their trading for the past yr n thot it was a pretty good stock to buy in.
upnowhere ( Date: 18-Apr-2012 22:46) Posted:
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I just received their finanical report for full yr 2011.
figures that shown in the report:
Total liabilities : 41,412 Rp' million Vs total assest : 604, 415 Rp' million.
cash and equivalents: S$32 million
total financial liabities included bank loan: 25,030 Rp million
Healthly life style.
Can anyone who is experienced enough share his/her views on consciencefood?
will the market swing to small cap value play?like one of this stock,today cover by kim eng.
why.. becos u have got burn on the ass before?
that happened to many investors get in the wrong timing.. : (
tea444u ( Date: 31-Mar-2012 20:07) Posted:
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never bought this.
tea444u ( Date: 11-May-2011 21:33) Posted:
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resistence at 0.215
slow and steady.. up
ConscienceFood Holdings rated 'buy' by DBS
DBS Vickers Securities in a Mar 7 research report says: " CSF outperformed our forecasts due to higher ASP and lower operating costs. Headline earnings came in at Rp130.7 billion, 6.4% above our expectations driven by higher than expected ASP and lower operating costs.
" The absence of dividends for FY2011, despite a strong cash balance of 40% of net assets could signal management’s intention to conserve cash for further investments to drive future growths.
" We have trimmed our earnings marginally by 4%/5% for FY2012F/2013F on a slower ramp up of its new production lines and higher expenses for its newly acquired Jakarta factory. Target price is lowered marginally to 26 cents, based on a pedestal 5x PE. MAINTAIN BUY."
current paper loss at $-600
upnowhere ( Date: 07-Mar-2012 20:53) Posted:
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current paper loss at $-800
upnowhere ( Date: 06-Mar-2012 20:34) Posted:
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current paper loss at $-1200
Consciencefood: Margin surprise in FY11, raise TP (BUY, S$0.23, TP S$0.39)
Melissa Yeap (6232 3897, melissa.yeap@sg.oskgroup.com)
Terence Wong, CFA (6232 3896, terence.wong@sg.oskgroup.com)
Consciencefood reported a 40% YoY rise in PATMI to Rp131b, on the back of a 22% rise in
revenue to Rp743b. While revenue came in within expectations, earnings were 17% above
expectations due to 1) Higher gross margins (29% vs forecast of 26%) and lower operating
expenses which resulted in PATMI margin of 18% vs forecast of 15%. The Group declared DPS of
0.68 S¢/share, which works out to 3% yield. We raise our GPM assumption to 28.7% and reduce
our opex to derive a higher PATMI margin of 17% vs 15% previously. We introduce our FY13F and
rollover our valuations from 7x FY11 to FY12 to derive a new higher TP of S$0.39. Maintain BUY.
FY11 revenue in-line. Sales of instant noodles rose 26% YoY to Rp731.2b, in-line with our forecast
of Rp709.0b while sales of snack noodles fell 54% YoY to Rp11.5b vs forecast of Rp12.0b. This is
in line with management’s decision to focus on instant noodle production rather than snack noodles
which were loss-making last year. Going forward, it will completely halt the production of snack
noodles and revert those interchangeable lines to instant noodles.
Margins boosted earnings above expectations. FY11 PATMI of Rp130.7b rose +40% YoY and
were 16% above expectations due to higher than expected gross margins (29% vs forecast of 26%)
and lower than expected opex which resulted in higher net margins of 18% vs forecast of 15%.
New beverage line. The Group’s beverage production equipment is expected to be delivered in
1H12 and targets production by 2H12. We expect its new beverage line to contribute sales of
Rp151b and Rp232b in FY12/13, accounting for 15%/20% of total Group revenue.
New cup noodle line. The Group is still testing waters with this new product and will commence
commercial production in 1H12. We expect new sales contribution of Rp108b and Rp126b in
FY12/13, accounting for 11% of Group total sales in the two years.
Melissa Yeap (6232 3897, melissa.yeap@sg.oskgroup.com)
Terence Wong, CFA (6232 3896, terence.wong@sg.oskgroup.com)
Consciencefood reported a 40% YoY rise in PATMI to Rp131b, on the back of a 22% rise in
revenue to Rp743b. While revenue came in within expectations, earnings were 17% above
expectations due to 1) Higher gross margins (29% vs forecast of 26%) and lower operating
expenses which resulted in PATMI margin of 18% vs forecast of 15%. The Group declared DPS of
0.68 S¢/share, which works out to 3% yield. We raise our GPM assumption to 28.7% and reduce
our opex to derive a higher PATMI margin of 17% vs 15% previously. We introduce our FY13F and
rollover our valuations from 7x FY11 to FY12 to derive a new higher TP of S$0.39. Maintain BUY.
FY11 revenue in-line. Sales of instant noodles rose 26% YoY to Rp731.2b, in-line with our forecast
of Rp709.0b while sales of snack noodles fell 54% YoY to Rp11.5b vs forecast of Rp12.0b. This is
in line with management’s decision to focus on instant noodle production rather than snack noodles
which were loss-making last year. Going forward, it will completely halt the production of snack
noodles and revert those interchangeable lines to instant noodles.
Margins boosted earnings above expectations. FY11 PATMI of Rp130.7b rose +40% YoY and
were 16% above expectations due to higher than expected gross margins (29% vs forecast of 26%)
and lower than expected opex which resulted in higher net margins of 18% vs forecast of 15%.
New beverage line. The Group’s beverage production equipment is expected to be delivered in
1H12 and targets production by 2H12. We expect its new beverage line to contribute sales of
Rp151b and Rp232b in FY12/13, accounting for 15%/20% of total Group revenue.
New cup noodle line. The Group is still testing waters with this new product and will commence
commercial production in 1H12. We expect new sales contribution of Rp108b and Rp126b in
FY12/13, accounting for 11% of Group total sales in the two years.