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jialat .. may be food empire ll suffer same fate.
EI Nino push up CoCo price. That's the raw material for making chocolate.
What' s going on to this counter? Free-falling!!!
Lao Sai
Aiyo.....
Aiyo.....
Weak holders kenna flushed out ??
Remained steadfast
Remained steadfast
Delfi, Raffles Medical seen to gain from soaring Indonesian economy, rupiah
WITH Indonesia&rsquo s economy going strong on a year-to-date basis and the rupiah outperforming its regional peers, consumer-related stocks would be among the key beneficiaries, said UOB Kay Hian (UOBKH) analysts in a research report on Thursday (Jun 8).
Other sectors such as healthcare, commodity plays, plantation stocks and marine-related stocks could also benefit from Indonesia&rsquo s strong economic fundamentals, noted UOBKH analyst Adrian Loh and its Singapore research team.
Chocolate maker Delfi, Marco Polo Marine and Raffles Medical Group are among some of the analysts&rsquo top picks.
On the consumer front, the analysts remained bullish about Delfi&rsquo s growth prospects in Indonesia, which contributes about 70 per cent of its revenue. They projected that Delfi&rsquo s Indonesian earnings would grow close to double digits from 2023 to 2024 as Indonesia&rsquo s economy and consumers emerge stronger after the peak of the pandemic.
The company posted a 24.5 per cent increase in its earnings before interest, taxes, depreciation and amortisation for its first quarter ended March to US$25.5 million.
&ldquo Delfi&rsquo s share price should continue to outperform given its healthy balance sheet, positive operating cash flow and a consistent dividend payout ratio,&rdquo said UOBKH.
UOBKH has put out a &ldquo buy&rdquo call on Delfi : P34 +1.55% at a target price of S$1.71.
Indonesia&rsquo s recovery could also bring benefits to healthcare plays such as Raffles Medical. UOBKH estimates that a large majority of the group&rsquo s hospital segment revenue are from Indonesian healthcare tourists.
The segment accounts for 30 per cent of Raffles Medical&rsquo s total revenue, and analysts believe it could see a 25 per cent growth in revenue as travel picks up.
UOBKH is maintaining its &ldquo buy&rdquo call on Raffles Medical : BSL 0%, with a target price of S$1.90.
In addition, investors could also look to accumulate plantation stocks, amid the stocks&rsquo weakness. Those who do so may stand to gain when crude palm oil prices recover due to lower than expected supply growth, analysts said.
UOBKH noted that the yield of fresh fruit bunches has been affected by several climate events as well as a lack of fertiliser over the past three to four years. The research house projects this to continue till H1 2024.
&ldquo Thus, we recommend investors to accumulate plantation companies &ndash especially upstream companies with high beta to crude palm oil prices &ndash once their share prices weaken and when the expected weak H1 2023 results are announced,&rdquo said UOBKH.
Separately, analysts also liked Marco Polo Marine over potential upside from Indonesia&rsquo s robust economic performance and other tailwinds. They noted that the group&rsquo s shipping business has had an increase in both charter rates as well as utilisation rates, due to Indonesia&rsquo s recovery post-pandemic.
Are u ready. ?
Once turned up, technically bullish for upside move .
Once turned up, technically bullish for upside move .
msksmsks ( Date: 07-Jun-2023 09:20) Posted:
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Shorts trying to depress while putting fake sell Q .
They need to cover later .
Let's see
They need to cover later .
Let's see
Opined that Delfi maybe on the rumble soon...
Good sign
Good sign
Ukraine dam being.blasted.
Tic for tack btwn Russia/Ukraine.
Getting worrisome for Food Empire.
Perhaps prudent to switch over to
Delfi in case situation deteriorated.
Tic for tack btwn Russia/Ukraine.
Getting worrisome for Food Empire.
Perhaps prudent to switch over to
Delfi in case situation deteriorated.
Showing signs of strength
Lets see whether reversal is coming
Lets see whether reversal is coming
Both Delfi and Food Empire hv their fair share of retracement.
Back to where it was b4 result.
Casting my net out for Delfi
Back to where it was b4 result.
Casting my net out for Delfi
Alamak! Why the drop? Should have bought Food Empire instead.
Target price reached atm
But looking at the chart, still not oversold or bottomish yet.
Next 1.24-1.26 if ever go there and next 1.2 ., that pbbly
wl bring it down to oversold region
But looking at the chart, still not oversold or bottomish yet.
Next 1.24-1.26 if ever go there and next 1.2 ., that pbbly
wl bring it down to oversold region
msksmsks ( Date: 31-May-2023 09:22) Posted:
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Come to papa...
The lower the better for safety net. LOL
The lower the better for safety net. LOL
Crack lines appeared.
Wait for durian to go $1.28
Wait for durian to go $1.28
msksmsks ( Date: 26-May-2023 16:41) Posted:
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500,000 married deal at $1.365
Indicators cutting down.
Wl we see it fall below $1.3 ?
Waiting for durian to drop
Wl we see it fall below $1.3 ?
Waiting for durian to drop
1.38 
-0.06
never wrong to take profits cos nobody knows which direction it will go
byt based on historical, it ever tested 3x BV, so still have more upside if history is a gd indicator
-0.06never wrong to take profits cos nobody knows which direction it will go
byt based on historical, it ever tested 3x BV, so still have more upside if history is a gd indicator
Elf2000 ( Date: 22-May-2023 14:03) Posted:
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For short term, yes is overvalued and is good to take profit, but for the long run I don't think so is more overvalued... some of the good things still not factor in yet. Wonder when will this Gem cross over analysts' TP well we shall 👀 Good luck to you
ozone2002 ( Date: 19-May-2023 21:02) Posted:
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