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From: positif01 <[email protected]>
Sent: Thu, June 9, 2011 9:04:25 AM
Subject: [saham] IPO Salim Ivo Mas Pratama: Sell, Sell and Sell

  
This one is pretty clear and simple. Everyone is familiar with all
family gets into IPO knows it well. SIMP is just simply another INDF
family-related IPO crash. There is nothing to make it better than the
last case of ICBP last year, and the effect is expansive to affect all
its other family members, you name it how INDF price action afterward.

And, no need to wait this SIMP sinks to the bottom to prove the story
will continue the days on. Very simple, look what has just happend to
SIMP parent, IFAR which is listed at Singapore, it sank deep in the
hole.

Why would it be different right now knowing that palm oil prices are
also under pressure...at this very day?

So, who is the indisputable winner of this IPO? Indofood with your
money. And, who is the inevitable loser? You...the expecting
traders...unless you become long-term investor. A very long one for
slow stock at the very unlucky spot of time. :d

>From our previous posting:

Goldman released comment (May 22, 2011):
Implications
In our view, the IPO (Salim Ivomas) could pose downside risks to our
IFAR earnings estimates through potential EPS dilution, as well as
possible holding company discount once its main operating asset is
listed separately. As an example, a similar holding company is JC&C
(JCYC.SI, Neutral, May 20: S$38.92), which owns Astra International,
has a NAV discount that has historically averaged at 13%.

Coba perhatikan apa yang terjadi pada IFAR dan juga induk di atasnya
lagi, INDF, setelah tanggal 22 Mei tersebut.
http://finance.yahoo.com/echarts?s=5JS.SI+Interactive#symbol=5js.si;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;


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