http://www.bloomberg.com/apps/news?pid=20601087&sid=abcptlNiu65g
Surging Profit Estimates Signal 26% Rally for S&P 500 (Update1)
Share | Email | Print | A A A
By Lynn Thomasson and Michael Tsang
Analysts boosted their 2010 estimates for Freeport by 11 percent to $4.11 a
share after the operator of the world’s largest gold mine surpassed
second-quarter earnings projections by 90 percent last week, on faster bullion
sales and copper production costs that fell 35 percent.The
per-share estimate has increased 138 percent since falling to a low of $1.73 in
January. Freeport, which has risen 145 percent this year, trades at 14.55 times
next year’s profit forecast based on last week’s closing share price of $59.82.
That’s 40 percent less than its 2009 valuation of 24.31 times, data compiled by
Bloomberg show.Estimates for Goldman Sachs’s 2010 profit have risen to $16.19 a
share, almost triple the low of $5.90 in March. The New York-based bank trades
at 10.17 times next year’s projection. That’s a 63 percent discount to its
multiple of 27.73 using earnings from the past 12 months, even after the stock
rose 95 percent this year.Asian
DemandIntel Corp., the world’s largest maker of semiconductors, reported a
second-quarter profit on July 14 that was double what analysts projected as
personal computer demand improves in Asia. The Santa Clara, California-based
company also made a third- quarter sales forecast that topped consensus
estimates.That caused analysts to raise their 2010 earnings estimates for Intel
to $1.08 a share, a 21 percent increase. Its shares reached a 10-month high
last week and have surged 32 percent this year. Intel trades at 17.93 times
next year’s profit, 36 percent less than the decade average of 28.13.“There are
a lot of situations where folks have just dialed expectations to the floor, and
that’s just wrong,” said Brian Barish, president of Denver-based Cambiar
Investors, which manages $4.5 billion and boosted its stake in Intel earlier
this year. “The fundamentals, on balance, are moving in your favor, and there
are still a lot of people out
there that don’t believe that. There’s still some money to be made.”
--- On Mon, 7/27/09, Peter Alimin <milis...@live.com> wrote:
From: Peter Alimin <milis...@live.com>
Subject: [ob] TAL
To: obrolan-bandar@yahoogroups.com
Date: Monday, July 27, 2009, 9:26 AM
#yiv421624604 .hmmessage P
{
margin:0px;padding:0px;}
#yiv421624604 {
font-size:10pt;font-family:Verdana;}
Mbah, apakah BD naikin UNVR emg gara2 udah mulai ngeshort/distribusi saham2nya
yg laen?
PTBA dinaekin biar gampang buat buang energy?
TAL yg lain
Proudly proclaiming: Welcome Dow
11.000, S&P 500 1200! Based on the last 10 days global market
situation, saat ini cukup aman masuk lagi ke pasar modal & uang.
Ini yang disebut "Speculative Bull Market Rally". Turun tangannya the
US Government in securing the financial market, at least menjadi
security guard system towards their current status. IHSG akan dikerek
bbrp jengkal yg cukup signifikan. Happy investing!dari FB nya Ratu Sima
With Windows Live, you can organize, edit, and share your photos.
