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I updated a blog on the CPF-MA yesterday: "For those under 65, the Basic Healthcare Sum next year will be S$54,500, up from S$52,000 ...

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Indofood Agri: A crash by any other word.

Monday, May 23, 2011

Indofood Agri's decision to list PT SIMP, its subsidiary, could lead to earnings dilution and we could see EPS reducing by as much as 12%. This is according to Goldman Sachs. Indofood Agri's share price, however, declined some 15.7% today, closing at $1.72 after touching a low of $1.69. Could there be an opportunity to buy some shares on the cheap?


I do not understand what is going on sufficiently and how the valuation is being carried out. Therefore, I will avoid. Good luck to anyone vested.


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