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801-820 of 2490
it looks cheap cheap...how?how?
yay now got a bit of cheap cheap ..1.03 :)
hope can be cheap cheap-pest! keke
ozone2002 ( Date: 26-Jun-2013 09:24) Posted:
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1.06 bye bye cheap cheap *sob*
GorgeousOng ( Date: 25-Jun-2013 16:06) Posted:
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ozone2002 ( Date: 25-Jun-2013 15:54) Posted:
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too late..markets are rebounding.. no cheap cheap anymore..
:(((((((((((((((((
gd luck dyodd
ozone2002 ( Date: 25-Jun-2013 13:06) Posted:
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yeah, 2 days drop 200. crazy enough. sti was up in the morning, but because of the effect of shanghai. drop again.
means can collect cheaper.
CMZ below $1.. looking to get it cheap again.. ard 90c.. shanghai markets down 4%
gd luck dyodd
Exchange: SGX
Stock: ChinaMinzhong(K2N)
Signal: Bullish MACD Centerline Crossover
Last Done: $1.035
Juicy peak to short down.We shall see which s-chip first to belly up.
srichipan ( Date: 24-Jun-2013 10:19) Posted:
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doesn't matter who.. just leave these childish fellas on their own srichipan
more importantly must learn to spot gd fundamental stocks and profit from it as much as possible
the bad posts won't affect my ability to spot gd stocks n profit from them
gd luck dyodd
ozone2002 ( Date: 24-Jun-2013 08:39) Posted:
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"Always bear in mind when one got some profit to make , take some profit and leave some for other and when price surge with some huge volume (whether having profit or to cut losses) been traded, that is the time one have to decide when to sell or decide to hold till next round."
Cheers!!!! Look for new love again!!!🙈 🙉 🙊 🙊 🙉 🙈
for the fella who gave me a bad post for this .. well u must b sucking ur thumb now since
CMZ is now 1.08 (that's 19% rise from the low of 91c in 2 weeks , beats STI in that period)
i'm here to advocate good fundamental stocks to SJ ..
and recent results have proved it..
gd luck dyodd
ozone2002 ( Date: 13-Jun-2013 10:48) Posted:
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reason why Minzhong cheong!
Maiden dividends? (CIMB)
We came away from Minzhong痴 meeting with investors at our annual Asia Pacific conference with the belief that Indofood is likely to take a board seat and management may pay a dividend.
These could ease corporate governance concerns. We make no changes to our earnings estimates. We raise out target price to a 10% premium to sector average (4.5x CY14 P/E) in anticipation of a re-rating as corporate governance concern eases. Maintain Outperform with dividends as a key re-rating catalyst.
What Happened
Minzhong痴 investor relations manager, Dave Tan, participated in CIMB痴 annual Asia Pacific conference in Kuala Lumpur on 19-20 June. The key takeawaysfrom his meeting with investors are: 1) it will be the cultivation business rather than the processed business that will drive earnings. And to capitaliseon this, it will be ramping up industrialised farming facilities. Management is targeting to open three new facilities in Tianjin, Jiangsuand Sichuan. 2) Indofoodis likely to get a board seat but thistie-up will take time to yield significant impact on earnings. Supply contracts for the processed business can be achieved within sixmonths but the potential JV to build cultivation facilities in Indonesia will take time. 3)The board is seriously considering paying dividends in FY13 but nothing is firm yet. It is possible that Minzhong will look to match Indofood痴 40% payout over time. FY13 operating cash flow is guided to be about Rmb700m-800m.
What We Think
The key re-rating catalystswill be Indofood getting a board seat and dividends. These twoevents should ease corporate governance concerns. Although free cash flow in FY13 will be low given management guidance that free cash flow will hit a below-expectation Rmb1bn,we think dividends are still possible because of Indofood痴 Rmb455m cash injection. A 10%payout would translate into a yield of 2.2%.
What You Should Do
We have an Outperform call given the strong possibility of dividends.
CIMB Analyst(s)
覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧
Kenneth NG, CFA
T(65) 6210 8610
Ekenneth.ng@cimb.com
LEE Mou Hua
T(65) 6210 8600
Emouhua.lee@cimb.com
Share price info
Share price perf. (%)
1M
3M
12M
Relative
14.9
-5.2
70.8
Absolute
5.9
-9.3
81.5
Major shareholders
% held
Indofood Sukses Makmur
29.3
Management, combined stake
11.5
Franklin Resources
11.1
oldflyingfox ( Date: 21-Jun-2013 17:10) Posted:
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ongahhuat888 ( Date: 21-Jun-2013 18:47) Posted:
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