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Latest Posts By ozone2002 - Supreme      About ozone2002
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20-Aug-2008 09:15 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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STI pls go up ore so i can short it..thank you..
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19-Aug-2008 16:03 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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long put warrants! testing next support level 2400+..woohoo!
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19-Aug-2008 09:21 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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of course..broke the suppport already..chiong ah!..downwards..ahaha
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19-Aug-2008 09:00 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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i LONGED my put warrant..hahah
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15-Aug-2008 17:46 Others   /   Singapore got chance for medal at Table Tennis!       Go to Message
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bookmarker odds goin @ 1.5 to 1 for s'pore...keke
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15-Aug-2008 13:22 GLD USD   /   Gold going up this year?       Go to Message
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Gold correction is due to a bounce in the USD. But I foresee the USD's bounce shortlived..

SO BUY GOLD USD! Gold is real money indicator! All currencies are backed by gold.

Personal opinion...to make it into fruition is at your own judgement..
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15-Aug-2008 12:58 Others   /   things every retail investor/trader should know       Go to Message
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if its a hot lady giving the course ..i don't mind man :):):)
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15-Aug-2008 11:45 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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STI always hovering ard 2800 level... be it up or down market...
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15-Aug-2008 09:44 GLD USD   /   Gold going up this year?       Go to Message
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gold correcting again..good for some accumulation in bits again.. collect on dips ..sell on big rallies :)
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15-Aug-2008 08:56 Indofood Agri   /   Indofood Agri Resources       Go to Message
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with CPO prices correcting..will it be able to improve profitability?

investor38      ( Date: 14-Aug-2008 21:29) Posted:



Looks like Indo agri will cheong cm.  Recent sell down unwarranted.  Dispel analysts downgrade. 

PRESS RELEASE
IndoAgri’s 1H2008 net profit rose 263% to Rp1.3 trillion (S$185 million)
Group’s 1H2008 revenue up 132% to Rp6.1 trillion (S$903 million) with improved performance recorded across all business divisions soared 251% driven by acquisitions, organic growth and rising CPO prices
CPO sales volume increased from 134,731mt to 344,240mt
Sales of branded cooking oil increased by 18%
Gross margin improved from 24% in 1H2007 to 37% in 1H2008.


SINGAPORE – 14 August 2008 – SGX Mainboard-listed Indofood Agri Resources Ltd. (“IndoAgri” or “the Group”), a major vertically integrated agribusiness group and manufacturer of leading brands of edible oils and fats in Indonesia’s, has posted a 263% increase in its net profit attributable to shareholders to Rp1.3 trillion (S$185 million) for the six months ended 30 June 2008 (“1H2008”).
Group’s 1H2008 revenue increased 132% to Rp6.1 trillion (S$903 million), with higher sales registered across all business divisions. The improved performance was attributed mainly to positive contributions from the acquisitions of new subsidiaries (particularly Lonsum) in 2007, together with the higher volume growth and higher prices for Crude Palm Oil (“CPO”) and other edible oil products. In line with the strong revenue performance, gross profit soared 251% to Rp2.3 trillion (S$334 million) for the corresponding period while gross margin improved from 24% in 1H2007 to 37% in 1H2008.
Plantation division remains the core business, contributing around 90% of the operating profit. This division continued to post strong growth with revenue growing 344% in 1H2008, with CPO sales volume increasing from 134,731mt to 344,240mt and favourable CPO prices. Cooking oil and fats division continued to enjoy strong growth momentum, posting a revenue growth of 79% due to higher selling prices and 18% volume growth in branded cooking oil. The increase in the average selling price of copra and palm oil-based products have helped Commodity division to deliver a 42% revenue growth in 1H2008.
EBITDA recorded a 276% increase to Rp2.1 trillion (S$305 million), in line with the strong performances from all business divisions. This was achieved despite higher selling and distribution costs on higher Indonesia export tax rate and higher G&A expenses for the enlarged group.
The Group recorded a net profit after tax of Rp1.6 trillion (S$246 million) in 1H2008. The attributable net profit after tax was Rp1.3 trillion (S$185 million), up 263% for the corresponding period.


Mr Mark Wakeford, CEO and Executive Director of IndoAgri said, “We have achieved another set of strong results and improved margins as we continue to capitalize on our integrated agribusiness model. Most notable is the improved CPO production, and the 18% growth in our sales of branded cooking oil. Our focus remains on improving plantation yields, new planting program and cost efficiencies to ensure we remain a low cost producer. We also announced in July the completion of the refinancing of the Rp 4 trillion of bridging financing for the Lonsum acquisition, and our balance sheet remains strong with a net debt to equity ratio of 0.34. ”
80 Raffles Place, #22-23 UOB Plaza 2, Singapore 048624, Tel. +65 6557 2389, Fax. +65 6557 2387, www.indofoodagri.com
Company Registration No. 200106551G


INDUSTRY OUTLOOK
Palm oil is the most widely consumed edible oil in the world with 25% global market share in 2007. With 80% of the world’s palm oil supply coming from South East Asia, IndoAgri is poised to capitalize on the growing business opportunities through its leading market position in the region.
The recent fall in petroleum prices and higher CPO stock in Malaysia have led to a fall in CPO prices. Despite this, the outlook for palm oil demand remains positive mainly due to growth in China and India, and the growing demand for biodiesel.
The Group will continue to focus on optimizing cost of production, and increasing production of CPO and sales of branded edible oil products. This will ensure the Group is well positioned to face the challenges ahead.
Mr Mark Wakeford, CEO and Executive Director of IndoAgri said, “Despite the recent falling CPO prices, supply and demand fundamentals for CPO remain favorable. Capitalising on this growth potential, we plan to expand our oil palm planted area to 250,000 ha by end of 2010. We are investing in a new refinery in Jakarta to further capture demand growth in Indonesia for our branded edible oil products. Together this will further enhance our strategic position as a leading agribusiness player in the region.”
---The End ---


ABOUT INDOFOOD AGRI RESOURCES LTD.
Indofood Agri Resources Ltd (“IndoAgri”) is a vertically integrated agribusiness group with business operations that range from research and development in the breeding and cultivation of oil palms, to the milling and refining of crude palm oil, and the marketing and distribution of cooking oil, margarine, shortening and other derivative products. The Group also engages in the cultivation of other crops such as rubber, cocoa and tea.
At present, IndoAgri - owns a vast land bank of 407,171 hectares spread throughout the Indonesian archipelago. Of this, 168,456 hectares and 22,414 hectares are planted with oil palm and rubbers, respectively. Additionally, IndoAgri also has 3,364 hectares of other crops such as cocoa, tea and coconut. . The Group’s acquisition of PT PP London Sumatra Indonesia Tbk in Q4 2007 has also further strengthened IndoAgri’s market leader position in Indonesia’s palm oil industry.
IndoAgri has also recently completed the shares subscription in PT Lajuperdana Indah (representing a 60% interest), which will enable the Group to expand its existing agribusiness activities into the areas of sugar cane cultivation and processing. The sugar industry in Indonesia presents a new and attractive investment proposition with demand driven by factors such as population growth, rapid development of processed food and beverage industries and the continued expansions of sugar-based industries such as ethanol.
For more information please visit our website at: www.indofoodagri.com
Issued for and on behalf of Indofood Agri Resources Ltd
By Financial PR Pte Ltd
For more information, please contact:
Indofood Agri Resources Ltd
Ms. Mak Mei Yook, makmy@indofoodagri.com
Mr. Isaac Chow, chowcs@indofoodagri.com
Tel: (65) 6557 2389
Fax: (65) 6557 2387
Financial PR Pte Ltd
Ms. Kathy Zhang, kathy@financialpr.com.sg
Mr. Dave Tan, dave@financialpr.com.sg
Tel: (65) 6438 2990
Fax: (65) 6438 0064
80 Raffles Place, #22-23 UOB Plaza 2, Singapore 048624, Tel. +65 6557 2389, Fax. +65 6557 2387, www.indofoodagri.com
Company Registration No. 200106551G

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14-Aug-2008 16:13 Indofood Agri   /   Indofood Agri Resources       Go to Message
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it all depends on the risk reward ratio, would it be better to invest if the price had run up 40% or when price had correct 40%... its all abt the risk u want to tolerate..

with human emotions..everyone get excited with prices running ...but feel dejected when prices correct downwards..



investor38      ( Date: 14-Aug-2008 16:04) Posted:

Looking back this is probably the most volatile counter amongst the CPO stocks listed on STI.  Can move up and down by about 20 to 30 cents at times.  Volume generally much lower than GAR.  Can be quite scary or rewarding depending whether you read the trend correctly.

ozone2002      ( Date: 14-Aug-2008 15:54) Posted:

up 10c..close to 10% gain...


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14-Aug-2008 15:54 Indofood Agri   /   Indofood Agri Resources       Go to Message
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up 10c..close to 10% gain...
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14-Aug-2008 13:48 Golden Agri-Res   /   GoldenAgr       Go to Message
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read brokers report with a pinch of salt
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14-Aug-2008 12:00 Golden Agri-Res   /   GoldenAgr       Go to Message
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undervalued + technically good entry NOW NOW NOW!!..
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13-Aug-2008 11:53 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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nice..then my put warrants will turn into blue chip prices Smiley

newmoon      ( Date: 13-Aug-2008 11:49) Posted:



If STI breaks 2800 the next target is 2400
www.asiachart.com:

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13-Aug-2008 11:40 GLD USD   /   Gold going up this year?       Go to Message
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let me congratulate u early... ya going to be a rich man..

its all abt capital preservation n acceleration if u know how to do it :)

stagflation,inflation... gold will outperform in such scenarios!



idesa168      ( Date: 12-Aug-2008 10:09) Posted:

OK, took your advice, jeep a little at 79.2+. Next purchase +/- US$1.00. Cheers

ozone2002      ( Date: 12-Aug-2008 09:37) Posted:



everytime it goes lower u buy.. graham's method of investing.. don't buy all @ one go..tat's suicide..

sell when the price is high or when there's a frenzy..

who said investing was difficult?


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13-Aug-2008 11:12 SPC   /   SPC       Go to Message
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stop thinking that high oil price will benefit SPC..its in the refining biz..(majority) ... minority in exploration..

did u read the 2Q earnings?.. revenue was up but PROFIT only up marginally!
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13-Aug-2008 10:27 SPC   /   SPC       Go to Message
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wait for mao shan wang price!
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13-Aug-2008 10:24 GLD USD   /   Gold going up this year?       Go to Message
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Fiscal meltdown

The cold years of disinflation are over; now we're facing a decade of

inflationary fire

Andy Xie

Updated on Aug 12, 2008

 

If you hope inflation will disappear soon, I have bad news: it may pose a

problem for the next decade. The two-decades-long ice age of disinflation

is over. The decade of inflationary fire awaits us. During the ice age,

businesses, households and governments added layers of debt to stay warm.

They should shed the fat as quickly as possible, or they may become

extinct.

 

Globalisation brought on the ice age. The fall of the Berlin Wall triggered

a general collapse of the former socialist economies. The resulting

collapse in demand caused energy prices to stay low, and they embraced an

export strategy to rebuild their economies, which sent the price of

manufactured goods on a two-decades-long descent. These forces pushed

inflation down across the world. Central banks took the credit, and printed

money generously to celebrate. This led to one asset bubble after another.

 

The ice has been melting. After years of export growth, the former

socialist states have rebuilt their economies and have been consuming.

Inflation showed up first in the commodity markets. Competition for money

popped the debt bubble that kept property prices so high in so many cities.

The deflating property-cum-credit bubble redistributes money to where it

can cause inflation, such as oil and food.

 

Instead of taming inflation, central banks are printing more money to save

teetering financial institutions; they are adding fuel to the fire. After

two decades of contained inflation, today's central bankers are not

psychologically prepared to accept a deep recession to stop inflation.

Instead, they are looking for excuses to justify their money printing.

 

Further, globalisation has made inflation global and difficult to fight.

The supply-and-demand balances of labour and natural resources are global

in nature. Their prices reflect global monetary growth. Any economy that

tightens money supply cuts its demand for such global factors; its negative

effect on growth is all felt at home, but the dampening impact on inflation

spreads across the world, benefiting everyone else. The misalignment of

incentives for inflation-fighting creates disincentives. This is why almost

everyone, including the US, complains that their inflation is "imported".

But the world as a whole cannot import inflation from someone else.

 

Another excuse for inaction is that inflation exists only in isolated

pockets, such as oil and food prices. But, money flows to where it can

inflate. In the first stage of an inflation cycle, food and energy inflate

first, as their demand and supply are relatively inelastic in the short

term. Further, their price rise attracts speculation, which accelerates the

transmission from money-printing to inflation. In the second phase, the

prices of products and services rise. Finally, wages rise as workers demand

compensation for their deteriorating living standards.

 

Most analysts argue that the final stage will never happen, because labour

unions are no longer strong. But, union power is probably demand- rather

than supply-driven. As economies boomed and inflation stayed low, workers

didn't need unions. As inflation squeezes their living standards, they can

organise quickly, to pressure their employers for wage rises.

 

To stop a slide into a decade of rampant inflation, the world needs

co-ordination to tighten simultaneously, which would spread the pain evenly

among all economies. The US' need to bail out its financial system makes

such co-ordination impossible.

 

Further, the US financial system may be bankrupt as a whole. America's

financial sector has US$15 trillion of debt for warehousing assets. If the

assets depreciate by 10 per cent, a likely outcome, the equity base of the

US financial sector would be wiped clean. The right way to address this

problem is for the government to nationalise failing financial

institutions, recapitalise or liquidate, and then privatise again. That is

what Asian countries did during the financial crisis 10 years ago.

 

The US is trying to leverage the dollar's global status for the easy way

out. When foreigners want their money back, the Federal Reserve pulls out a

few more printers and asks you to line up.

 

The money printing by the US limits how much other countries can tighten.

The prices of commodities will continue to rise with a rising US dollar

supply. Other economies can limit the price increase by curtailing their

demand. But it just gives the US more room to print money. Other economies

just don't have enough incentives to tighten.

 

In the decade of fire ahead, you must make a few adjustments to survive.

First, shed debts. During the ice age, easy liquidity made debt rollover

easy. Central banks will have to raise rates as inflation rises, even

though they won't raise them quickly enough to stop inflation. An

environment of rising interest rates makes debt rollover difficult.

Further, stagflation depresses asset valuations. It is not a winning

strategy to hold assets with debt financing.

 

Second, despite the recent roller-coaster ride, precious metals remain the

best vehicles for value preservation. Like any bull market, entry is best

after a big pullback; buy low, sell high. But, if you are swayed by expert

opinions, you end up buying high and selling low. Resist selling after a

big pullback.

 

Third, like precious metals, commodities, especially energy, remain in a

bull market. However, their volatility is even bigger than that for

precious metals. It is not for the weak-hearted. But, one could step back

and choose companies that profit from the commodity boom. For example, oil

service companies have stable and rising income despite the massive

volatility of oil prices.

 

Shed fat, pump iron and wear a swimsuit. That way, you'll survive the fire.
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13-Aug-2008 09:34 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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STI back to test the 2700+ levels... put warrants are in the money..

 
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