Tuesday, September 21, 2010

Seminar AMClicks

Seminar Analisa Fundamental dan Teknikal serta Trading Strategy AmClicks.

Saturday, 25 September 2010.
at 10.00-12.00.

Registrasi,

hubungi 5795-7000.

Gratis!!

Monday, September 6, 2010

STOCK FOCUS OF THE DAY (Indofood CBP)

Indofood CBP: Bring on the leader of the pack Not Rated

Founded in September 2009 as a result of internal restructuring at Indofood Sukses Makmur (ISM), its present parent company, Indofood CBP Sukses Makmur (ICBP) is now a producer of range of packaged foods under number of divisions including instant noodles, dairy, food seasoning, snack food, and nutrition & special foods. ICBP is also supported by food ingredients and packaging divisions.

ICBP is currently offering 1.2 billion new shares, representing 20% of enlarged capital, via an Initial Public Offering (IPO) on the Indonesia Stock Exchange priced at between Rp4,300 to
Rp5,500/share (nominal price: Rp100 per share). This should translate into market cap of Rp25.1tn-32.1tn or US$2.8bn-3.6bn. Based on our projection, the offered price of Rp4,300 to
Rp5,500/share will value ICBP at a 2010F PE of 16.5x and 21.1x, respectively, and down to 14.4x and 18.4x for 2011F.