Multibagger

Multibagger | Joined since 2014-01-04

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2014-01-13 11:58 | Report Abuse

Tend to agree with Wisdom Wise blogger's recent post..this counter is showing uptrend. Couldn't agree more with Firebird2 also, indeed a good company!

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2014-01-13 11:43 | Report Abuse

mid term... wait for Q1 results in Feb (expected to be good) or news on acquiring additional plantation land bank in East Kalimantan is confirmed (as per the Edge in Nov 13, in negotiation stage) ..., that may push the price to next level..provided market still intact with not much QE tapering effect.

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2014-01-09 18:20 | Report Abuse

strong fundamental but not liquid, most likely not within radar of fund managers. If someone want to play this co, need time to accumulate to get sizeable load...i hope this is the case now,...pray hard for superb Q4 results, may see good following then.

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2014-01-04 10:22 | Report Abuse

main reasons for high profit in last Q - more sales. better margin (higher selling price) and USD appreciation. Seems this will continue in Q4. FY2013 should have record revenue n profit. At PE ard 7-8, Book value 2.48, net cash per share ~ 40 sen. Should hv more upside if Q4 results is good

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2014-01-04 09:52 | Report Abuse

Business background above on another company, not SLP resources!
Took a look at the company recently, consistent and decent dividend yield 4-5%, upside from capacity expansion recently..downside - power and labour cost will increase in FY14. Small compared to Daibochi, Scientex n Thong GUan. PE still attractive ( though TGuan is better). At 43 sen now, i believe downside risk minimum. Issue: not liquid and easily manipulated should there be speculation. hopefully still can get double digit return from div + capital appreciation for FY14.