As at 20th October ;

IOI Corp
-PER = 8.20
-NTA = RM1.4
-Div yield = 5.6
-EPS = RM0.369
-Debt = Yes
Price at 22/10/08 = RM3.04


Asiatic
-PER = 7.87
-NTA = RM2.7
=Div yield = 3.9
-EPS = RM0.457
-Debt = No
Price at 22/10/08 = RM3.32

From the figure here, wouldn't be that Asiatic more attractive ?

This post has been edited by rayloo: Oct 22 2008, 08:55 PM

Mind to explain what's NTA?

Nett Assest Per Share.

NTA = NET TANGIBLE ASSET.

I would not say Asiatic is better bcos the ways Asiatic is treated by Genting, likes a forgotten son.

Genting is more interested in Casinos, so Asiatic in a way is not up to its full potentials.

However, for a cash rich land based company, it can come back ( the price ) whenever there is a good demand in palm oil from Asia. It is a duo or more usages types of commodility

So you get the chance to buy low when palm oil price is low.

This post has been edited by SKY 1809: Oct 22 2008, 09:06 PM

How about HSPLANT?

Asiatic might be dispose by Genting if the price is right for funding their casino business. Certainly not this time.

We should source more info for all the plantation counter and brainstorm which counter is the best pick...It is almost time to accumulate some plantation stock

This post has been edited by darkknight81: Oct 22 2008, 09:06 PM

IOI is courting Asiatic for a long time.

Genting may have to sell Asiatic if their overseas casinos are not doing good, with high debts.

Cash and Deposit in banks for IOI is RM1,296,260,000 while short and long term debt is RM5,954,981,000......
WOW ! almost 5 times of his cash.

Asiatic has less cash at RM290,860,000....but it wins when it is clean.

Sure Boh !

My data was taken from their finacial report.

Give us the link here , so we can check for you.

RM 6 billions in debts ? I think the share price is going to drop below rm 1.

This post has been edited by SKY 1809: Oct 22 2008, 09:25 PM

Short Term Funds = 1.5 bil & Receivables = 1.7 bil, not count as money ahh?

I am quite rush now, here are the links. Please verify.
Asiatic Page 42
IOI Corp, see Page 106 & 107

This post has been edited by rayloo: Oct 22 2008, 09:26 PM

Going out now. Hope can get news later from you all.

How is it ?

Need some time to check . Busy right now.

Asiatic does have cash pile of 500m. They should be able to collect enough money from debtors to pay their suppliers.

IOI, let the other forumer to do some homeworks.

This post has been edited by SKY 1809: Oct 22 2008, 11:08 PM

just comparing these figures
NTA + EPS +Debt , relative to price..Asiatic is already the winner..but not a big margin win.

and from those data...conservatively I'll buy/average down them if drops to about RM1.5 (maybe in my dreams)

I'll be a very happy investor if I do get IOIc at that price

This post has been edited by asambuffett: Oct 22 2008, 11:42 PM

IOI Group

2008 SUMMARY

EPS - 35.17 SEN
SHARE HOLDER EQUITY - 8391MILLION
Gross Dividend Per Share - 17 SEN
Debt / Equity Ratio = 0.36
NET ASSET PER SHARE = RM 1.40

Got to do more calculation during weekends then can really compare

Got to find out the total share in the market for both counter then make a thorough comparison.

Basically got to look into

EPS
DPS
NET ASSET PER SHARE
NET DEBT PER SHARE
FCF FOR BOTH COUNTER
DE RATIO

This post has been edited by darkknight81: Oct 23 2008, 08:10 AM

Asiatic & HS Plant better, they not dumb to rush to build biodiesel plants
Stick to their plantation business is better.