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RHB Investment Research Reports
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RHB Investment Research Reports
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ykinvestor
2 posts
Posted by ykinvestor > 2013-02-21 23:11 | Report Abuse
I like the comments by the Standard Chartered Equity Research about Indofood investment's in Minzhong which says
Potential could be significant:
The potential of theseopportunities could be significant, in our view. The mostimmediate opportunity is for Minzhong to supply air driedvegetables to Indofood. Minzhong management said thatIndofood produced 15bn packets of instant noodles in 2012 andeach pack requires about RMB 0.60 worth of air dried
vegetables. This makes Indofood‟s wallet for air dried vegetables at RMB 9bn. If Indofood allocates 10% of its walletto Minzhong, it would represent 30% of the latter‟s 2013E sales
The full article can be found here :
http://www.scribd.com/doc/126504432/China-Minzhong-Food-Corp-OUTPERFORM-Indofood-Investment-Reinforces-the-Value-of-Minzhong-20-02-13-15-55