Japfa   

Japfa IPO 15 August

this counter very over   bought... will fall badly tomorrow.. kkr news over-rated. 

 

0.805 now, above ipo price of 0.800. Good sign for Japfa, one way heading up north side.

 

Heading 0.800 and above level, don' t miss out.

 

Last:0.79      Vol:1822k        +0.045

with news of KKR vested in Japfa, sold this too early

will look for entry when price settled down

gd luck DYODD 

ozone2002      ( Date: 19-Apr-2016 09:11) Posted: Last:0.67      Vol:19k  - hit my target price, selling for a good 50% profit. may move higher just as DBS reported TP to be 90c gd luck DYODD

 

The trending is setting to goes up higher, awaiting for it to breakout new high(0.800 and above).

 

Don' t miss out, going to break through resistance point and new high soon, BUY.

 

did some desktop research on this. some of the peers listed on HKEX such as WH Group, Mengniu Group are trading at valuations in excess of 16-18x PE so there is some catch-up to play. with earnings recovery, improvement in gross margins, quite likely to see it reclaim IPO price of 80c.

tried going through the announcements on Japfa Comfeed Indo, not really sure if the EGM has any tangible impact?

 

Heading to another new high soon.

 

General Announcement : Advertisment on listed Indonesia subsidiary' s General Meetings date
The Board of Directors of PT JAPFA COMFEED INDONESIA Tbk(the company), hereby announces that the Extraodinary General Shareholders Meeting of the Company(the meeting) will be held in Jakarta, on Friday, July 1, 2016.
The invitation meeting and its agenda will be published one Indonesian and one English daily newspaper on June 9, 2016.
The shareholders who are entitled to attend or represented in the Meeting, are the shareholders whose names are registered in the Company Share Register on June 8, 2016, 4pm Western Indonesia Time.
Any proposal from each Shareholders will be included in the agenda of the Meeting if comply with Article 21 paragraph 7 of the Article of Association of the company and must be recieved by the Board of Director at least seven days before the date of invitation of the Meeting.
Jakarta, May 25, 2016 The Board of Director of the Company

 

mind sharing what' s the catalyst for the bullish sentiment? noticed that it broke out on relatively high volume today.

Laoliu      ( Date: 25-May-2016 14:46) Posted: Maintain Buy, Japfa is set to move up higher soon.

 

Maintain Buy, Japfa is set to move up higher soon.

 

this counter had hit a new high of 0.76 today. predicting that it may stil cont the uptrend.

 

yeah i vested today 0 74. abit high but believe it may cont uptrend .

chakramagik1989      ( Date: 11-May-2016 17:50) Posted: I am vested at 0.695. Bought it once dbs vickers released a TP of 1.1. Counter has a good biz and strong fundamentals. May boom just like best world. Think it will cont up trend for now

 

Going up again.

 

 

I am vested at 0.695. Bought it once dbs vickers released a TP of 1.1. Counter has a good biz and strong fundamentals. May boom just like best world.

Think it will cont up trend for now

 

this counter is doing well today high surge in volume hit 0.745. might cont the uptrend. anyone vested?

 

TP @ S$1.10 from DBS Vickers. 

Last daone @ S$0.70

 

 

Last:0.67      Vol:19k  -

hit my target price, selling for a good 50% profit.

may move higher just as DBS reported TP to be 90c

gd luck DYODD 

 

Went up quite a lot Liao. Be extra cautious

spore1      ( Date: 06-Jan-2016 23:11) Posted: Japfa may cont to head further North. http://sporeshare.blog   spot.sg/2016/01/japfa.html

 

Last:0.645      Vol:1462k  -

reaching target very soon

congrats to those who vested

Gd luck dyodd

ozone2002      ( Date: 04-Mar-2016 10:36) Posted: Last:0.535     Vol:1773k     +0.005            Moving slowly but surely MY TP is book value of 66.5c gd luck dyodd ozone2002      ( Date: 02-Mar-2016 15:15) Posted:   Last:0.515     Vol:2060k     +0.01            good to see this going up, from the low 40c when 1st introduced. Targetting it to hit book value of 66.5c Gd luck dyodd BUY Last Traded Price: S$0.51 (STI : 2,682.39) Price Target : S$0.90 (78% upside) Potential Catalyst: Consistent quarterly earnings delivery Where we differ: No comparison available Growth drivers intact 4Q15 earnings ahead of expectations. Excluding changes in fair value of biological assets (net of tax) and one off gain from bonds buyback, the group posted 4Q15 net earnings of US$34m (+227% y-o-y +141% q-o-q) &ndash substantially ahead of US$14.5m that was expected. For the year, Japfa&rsquo s core net profit came in at US$64m (+11% y-o-y) against expectations of US$44m Japfa Comfeed delivered strong results. 4Q15 EBITDA of US$65m (+93% y-o-y -2% q-o-q) indicated better-thanexpected ASP for both DOC and broilers. At the same time, the group continued to deliver steady contribution from poultry feed business, despite lower than expected 3.301k MT of output &ndash against our forecast of 3.641m MT. The strong results from Japfa Comfeed were partly offset by sequentially weaker contribution from Vietnam, Myanmar and India operations, which collectively booked 4Q15 EBITDA of US$7m (-47% y-o-y -11% q-o-q). Growth drivers intact. Japfa is forecast to book EBITDA (excluding biological asset gains/loss and FX gains/losses) CAGR of 23% between FY15 and FY18F &ndash mainly driven by higher dairy volumes. Japfa intends to double dairy farm production capacity in China by constructing another five farm hubs in Inner Mongolia. In the Animal Protein segment, we expect Japfa&rsquo s combined regional DOC output to expand less aggressively by 6% CAGR over the same period, given curbs in DOC capacity. Demand will continue to be driven by population growth and rising per capita income. Valuation: Our SOP-based TP (pegged to forward EV/EBITDA) is unchanged at S$0.90. Japfa Comfeed will remain the largest contributor, although the group&rsquo s Dairy segment will increasingly have a more meaningful contribution. Our BUY rating for the counter is reiterated. Key Risks to Our View: Japfa&rsquo s share price is driven by DOC, broiler and China raw milk price movements and to a certain extent, by USD/IDR exchange rate. A strong recovery in the group&rsquo s ASP and/or Rupiah would boost Japfa&rsquo s share price higher than our fair value, and vice versa.