Japfa

The latest FY2018 financial results seems a huge jump in Net profit of $178m versus $56m last year.
An increase of 271%.

EPS of 7.4 cents.
PE 8.9x base on current price of 67 cents.
Dividend including special dividend of 2 cents , an increase of 100% base on last year dividend of 1 cents.


The only concern is that their total debts/equity ratio is 107%.

Cash flow wise, seems quite healthy.

The amount of FCF is able to cover the dividend payout of $35m for 2 cents dividend .

cash-on-hand is about 164m.

Chart wise, it is now stuck in a consolidation mode!
A breaking out of 69.5 cents with east + good volume that may drive the price higher to test 72 cents with extension to 76 cents and above.

Not a call to buy or sell.

Pls dyodd.



Japfa Ltd., an industrial agri-food company, produces and sells dairy products, protein staples, and packaged food products in Singapore, Indonesia, Vietnam, China, India, Myanmar, and internationally. It operates an integrated network of farming, processing, and distribution facilities. The company provides animal feed; animal proteins, including poultry, beef, swine, and aquaculture; raw milk, fresh milk, UHT milk, and cheeses; and processed meats, such as chicken nuggets, meat balls, and shelf-stable sausages under the So Good and So Nice brands, as well as manufactures and markets smallpack UHT liquid milk under the Real Good brand and shelf-stable sausages under the So Yumm brand. Japfa Ltd. was incorporated in 2008 and is headquartered in Singapore. Japfa Ltd. operates as a subsidiary of Rangi Management Limited.