Japfa Ltd *Official* (SGX: UD2)

[iantay88]

Will this stock be like Starburst? Starburst shot up more than 100% its IPO price so far

 

[Tuckie]

doubt it will be this stellar though.

 

[SpinFire]

Doubt Japfa will double in price. Can perhaps look at QT Vascular though

 

[iantay88]

Doubt Japfa will double in price. Can perhaps look at QT Vascular though

i am not suggesting it will double lah, just saying if there is a chance it will perform well in the first month

 

[starsaver]

How much now?

 

[Tuckie]

i am not suggesting it will double lah, just saying if there is a chance it will perform well in the first month

First month more uncertainty i feel, some people ipo and want to sell off for a quick profit, others accumulating in search for greater growth, some funds also buying n selling...

wait for it to settle first..

 

[sophie.wee.weng]

The funds are selling when they have no shares?

 

[SpinFire]

Going to break 90c! Go go go!

 

[Vincent_G]

This share keeps dropping significantly for past few days.. Wonder why..

 

[chewjekhui]

This share keeps dropping significantly for past few days.. Wonder why..

Japfa profits fall on currency slump, rising costs | The Jakarta Post

Would this continue? Anyone with any views?

 

[SpinFire]

Japfa profits fall on currency slump, rising costs | The Jakarta Post

Would this continue? Anyone with any views?

The selloff was fast and furious.

It'll announce results on 11 Nov. I think Japfa Comfeed's earnings slump will have a large impact on Japfa SG results as it contributes almost 50% of net profit.

 

[Think09]

still below the ipo price at this moment.

 

[chewjekhui]

The selloff was fast and furious.

It'll announce results on 11 Nov. I think Japfa Comfeed's earnings slump will have a large impact on Japfa SG results as it contributes almost 50% of net profit.

Jardine Matheson also same problem!

http://www.jardines.com/assets/file...ate-press-releases/jardine-matheson/int14.pdf

 

[SpeedingBullet]

basically indo exposure stocks will have significantly lower profits when translated to USD or SGD lor.

 

[SpinFire]

basically indo exposure stocks will have significantly lower profits when translated to USD or SGD lor.

The Taper Tantrum killed the rupiah. Before that, SGDIDR was 7000+, it then became the current 9500. Depreciated by over 35%.

 

[Vincent_G]

Rupiah has been around 9000-9600 when Japfa went IPO, so currency factor should be already priced in..

 

[SpinFire]

Rupiah has been around 9000-9600 when Japfa went IPO, so currency factor should be already priced in..

Yeah.

Just shocking that it's major subsidiary can have its profits plunge by 90%. And this is only shortly after IPO. Makes me question the timing and purpose of the IPO, perhaps to sellout of the business knowing the exceptionally poor results coming

 

[chewjekhui]

The Taper Tantrum killed the rupiah. Before that, SGDIDR was 7000+, it then became the current 9500. Depreciated by over 35%.

Jia lat. Want to participate in the Indo growth story end up kena killed by FOREX

 

[SpeedingBullet]

Yeah.

Just shocking that it's major subsidiary can have its profits plunge by 90%. And this is only shortly after IPO. Makes me question the timing and purpose of the IPO, perhaps to sellout of the business knowing the exceptionally poor results coming

Yeah it was owned by a pte equity firm that specializes in food biz.

KKR also recently sold off their China Modern Dairy stake recently.

When pte equity sells, it means they milked enough lol

 

[gravitytogo]

Japfa

Anybody monitoring this counter?
Thinking of entering it at 0.66. Selling it at 1.03

Japfa Ltd. is an agri-food producer in the emerging Asian markets. The Group produces protein staples such as chicken, beef and milk, as well as protein-based consumer food products. From its headquarters in Singapore, Japfa operates its businesses in the fast growing economies of Indonesia, China, India and Indo-China. Backed by two generations of farming experience, it operates industrial-scale farms which are vertically integrated with its downstream food processing operations.