gila bgt....... On Fri, Mar 9, 2012 at 8:14 AM, PH™ <[email protected]> wrote:
> ** > > > > > > ----- Forwarded Message ----- > ** > > http://www.livetradingnews.com/alam-sutera-realty-upgraded-64972.htm#.T1lYkzHxqIo > Alam Sutera Realty Upgraded > Alam Sutera Realty has been upgraded at Heffernan Capital Management > with a 2013 price target of 900IDR issued today by Economist Shayne > Heffernan. > Alam Sutera Realty, a medium-sized property developer, is aiming to boost > its property marketing sales by 25 percent this year, anticipating that > high demand will drive up prices. > PT Alam Sutera Realty Tbk is an Indonesia-based property developer. The > Company is primarily engaged in the development and management of > residential properties, commercial properties, industrial and shopping > centers, offices, recreation centers and hotels. It has a real estate > project called Alam Sutera located in Serpong, Tangerang. > Growth for Alam Sutera Realty Tbk PT > *1 Year* *3 Years* *5 Years* Sales % 89.58 35.45 45.64 EPS % > 198.23139.45266.03 Dividend > % 52.17 > Its other residential projects are located in Bekasi, Cianjur and Tanjung > Pinang. The Company’s directly owned subsidiaries are PT Delta Mega > Persada, PT Duta Prakarsa Development and PT Nusa Cipta Pratama. Its > indirectly owned subsidiaries are PT Alfa Goldland Realty and PT Nusa Raya > Mitratama. > Hendra Kurniawan, corporate secretary of Alam Sutera, said the company was > aiming for Rp 3.5 trillion ($385 million) in marketing sales in 2012 after > posting Rp 2.8 trillion last year. > Marketing sales refers to properties that have been sold but whose revenue > has yet to be recorded in company books. > Hendra said property prices had gone up more than expected. > “With the same sales volume, we can earn bigger revenue,” he said, adding > that he was optimistic the company could meet the Rp 3.5 trillion target > this year, which was revised from an initial goal of Rp 2.8 trillion. > In January and February, Hendra said, marketing sales reached more than Rp > 800 billion, which mostly came from sales of houses and shophouses located > in a complex in Serpong, Banten. > Hendra also said Alam Sutera had used more than half of the proceeds from > a secondary share offering in January, which raised Rp 786 billion. > In the offering, Alam Sutera sold 9 percent of its enlarged capital to > affiliated company Manunggal Prime Development. > The company plans to spend the rest of the proceeds to buy more land in > Serpong and Pasar Kemis in Tangerang, Banten. > Valuation Ratios > *Company* *Industry* *Sector* *S&P 500* P/E Ratio (TTM) 21.79 > 21.8611.24177.31 P/E > High – Last 5 Yrs. 168.85 111.26 45.33 139.88 P/E Low – Last 5 Yrs. > 14.5615.8710.1512.69 > Beta 1.51 1.04 0.95 1.23 Price to Sales (TTM) 9.56 0.40 0.93 2.27 Price > to Book (MRQ) 4.06 1.68 1.28 11.94 Price to Tangible Book (MRQ) 4.47 > 1.001.5419.48 Price > to Cash Flow (TTM) 23.79 9.06 11.58 12.35 Price to Free Cash Flow > (TTM)40.1012.0711.3725.57 > % Owned Institutions – – – – > > Dividends > *Company* *Industry* *Sector* *S&P 500* Dividend Yield 0.69 1.99 1.111.98 > Dividend > Yield – 5 Year Avg. – 1.76 1.28 2.48 Dividend 5 Year Growth Rate – > -0.85-0.40-3.44 > Payout Ratio(TTM) 15.14 40.83 16.86 79.75 > Hendra would not say exactly how much land the company was trying to > acquire, but said most of the funds would be spent in Serpong. “The > allocation of money would lean heavily toward Serpong. The price of land is > more expensive there,” he said. > Institutional Holders > *% Shares Owned:* 7.30% *# of Holders:* 46 *Total Shares Held:*1,434,009,514 > *3 Mo. Net Change:* 79,431,613 *# New Positions:* 9 *# Closed Positions:*0 > *# Increased Positions:* 18 *# Reduced Positions:* 14 *# Net Buyers:* 4 > By the end of last year, the company’s land bank in Serpong was 275 > hectares. The company also has a six hectare land bank in Bali to build > “condotel” complex, with condo and hotel space. > Stocks in Alam Sutera fell 1.7 percent on Thursday, but have gained 24 > percent so far this year. The company will report its earnings for 2011 by > next month. > *Shayne Heffernan* > Shayne Heffernan oversees the management of funds for institutions and > high net worth individuals. > Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 > years of trading experience in Asia and hands on experience in Venture > Capital, he has been involved in several start ups that have seen market > capitalization over $500m and 1 that reach a peak market cap of $15b. He > has managed and overseen start ups in Mining, Shipping, Technology and > Financial Services. > > > > >
