Sakari   

Sakari

Sakari Resources: S$2.14                                                                                     BUY (TP: S$2.80)

Recent Indonesia resource policies not finalised?


News of Indonesia’s resource export cut not cast in stone. The Jakarta Post
reported   on   10   Apr 12 that the Indonesian government will not export raw
natural resources after 2014. This follows other previous Indonesian mining
regulatory   news   that included a 25/50% coal and base metals mining export
tax   to   be   implemented   by   2012/2013. Channel checks reveal that despite
these news flows, the regulations have yet to be finalised.



Expect   short term share price weakness for Sakari. Our channel checks tell
us that Indonesia’s natural resources export curb from 2014, as well as the
25/50%   mining   export   tax are yet to be cast in stone. Moreover, we think
these   regulations   may   not ultimately target the coal players, given that
Indonesia   currently has enough coal to meet domestic demand. Nevertheless,
we   do   not rule out further regulatory news flow from Indonesia that could
further dampen Sakari’s share price in the short term as investor sentiment
could remain negative.


BUY rating maintained. We maintain our BUY call and target price of S$2.80
on Sakari. Trading at 8x FY12 P/E, the counter remains cheap in our
opinion. Indonesia’s regulatory risks remain a concern but we think that
coal players may ultimately not be significantly affected.

 

Hold if you can as cutting loss will fall into the tricks of the Shorties as you will also be " shorting" together with them and the price will plunge more than ever.

AGM and Dividend is coming, just hang tight. As someone mentioned RSI shows that it is oversold, a rebound is imminent.

 

 

i hope i would like to invite you to come to my thread " follow me" to read my post there abt this cut loss.

you got to really do it to know and to learn it.

go ahead and set a cut loss the next time ard, and carry it out ..you will love it.

cut loss is in fact profitable, you dont lose,   on the contrary you win. 

 

 

Peg_li      ( Date: 11-Apr-2012 21:56) Posted: you are right! but to say is easy, still very difficult to do that. victortan      ( Date: 11-Apr-2012 21:10) Posted: Your is common, i hope you dont mind, but why you did not cut loss, but choose go down with it. if it go down , u did not sell, i doubt when this stock hit $4 you will sell, why? because you will be looking at $5, but it will go down again and then you repeat all over . and so become a long term invester., worse is that u ave down.. ther is one stock , very solid, all the way to $7, then go down all the way to below $1.,,today ard a dollar. if u have been in this one and ave down, today u are in deepest of red. you know which stock i am talking about. COSCOCORP  lesson is never ave down, can only ave up, irrespective blues or penny.  when will cosco be a $7 stock again. sakari could be one, nobody can know in stock, anything can happen. but of course, generally specking, Blues is much safer. for sure.. always have a stop loss for all. and the most imprtant thing is to cut early

 

you are right!

but to say is easy, still very difficult to do that.

victortan      ( Date: 11-Apr-2012 21:10) Posted: Your is common, i hope you dont mind, but why you did not cut loss, but choose go down with it. if it go down , u did not sell, i doubt when this stock hit $4 you will sell, why? because you will be looking at $5, but it will go down again and then you repeat all over . and so become a long term invester., worse is that u ave down.. ther is one stock , very solid, all the way to $7, then go down all the way to below $1.,,today ard a dollar. if u have been in this one and ave down, today u are in deepest of red. you know which stock i am talking about. COSCOCORP  lesson is never ave down, can only ave up, irrespective blues or penny.  when will cosco be a $7 stock again. sakari could be one, nobody can know in stock, anything can happen. but of course, generally specking, Blues is much safer. for sure.. always have a stop loss for all. and the most imprtant thing is to cut early   Peg_li      ( Date: 11-Apr-2012 19:48) Posted: around one month, dropped from 2.71$ to 2.14$, so much. Lost a lot due to the deep correction. but anyway it is a good counter and has a good yearly dividend. keep it tightly,wait for rebounce to more than 3$. if can get to 4$, that is better.

 

Your is common, i hope you dont mind, but why you did not cut loss, but choose go down with it.

if it go down , u did not sell,

i doubt when this stock hit $4 you will sell, why?

because you will be looking at $5, but it will go down again and then you repeat all over .

and so become a long term invester., worse is that u ave down..

ther is one stock , very solid, all the way to $7, then go down all the way to below $1.,,today ard a dollar.

if u have been in this one and ave down, today u are in deepest of red.

you know which stock i am talking about.

COSCOCORP 

lesson is never ave down, can only ave up, irrespective blues or penny. 

when will cosco be a $7 stock again.

sakari could be one, nobody can know in stock, anything can happen.

but of course, generally specking, Blues is much safer. for sure..

always have a stop loss for all. and the most imprtant thing is to cut early

 

Peg_li      ( Date: 11-Apr-2012 19:48) Posted: around one month, dropped from 2.71$ to 2.14$, so much. Lost a lot due to the deep correction. but anyway it is a good counter and has a good yearly dividend. keep it tightly,wait for rebounce to more than 3$. if can get to 4$, that is better.

 

Today broke the support line, more down side to come. Good luck. 

neokiansiah      ( Date: 11-Apr-2012 20:42) Posted: This potential   stock is definitely way oversold. Should see a turnaround uptrend from tomorrow onwards.

 

This potential   stock is definitely way oversold. Should see a turnaround uptrend from tomorrow onwards.

 

whoa! so ambitious... lets take things step by step...

see if it holds support at 2.1 or not first. 

 

Peg_li      ( Date: 11-Apr-2012 19:48) Posted: around one month, dropped from 2.71$ to 2.14$, so much. Lost a lot due to the deep correction. but anyway it is a good counter and has a good yearly dividend. keep it tightly,wait for rebounce to more than 3$. if can get to 4$, that is better.

 

around one month, dropped from 2.71$ to 2.14$, so much.

Lost a lot due to the deep correction.

but anyway it is a good counter and has a good yearly dividend.

keep it tightly,wait for rebounce to more than 3$. if can get to 4$, that is better.

 

Precisely. It is all thanks to the OCBC Research story.

 

sakari must hold 2.1 if not more selling pressure

 

 

Time to cover your shorts before it is too late.

 

 

PTT Subsidiary Sakari Resources Limited listed in Singapore has been upgraded to a strong buy with a 2013 price target of SGD$4 issued today by Economist Shayne Heffernan of Heffernan Capital Management.

Sakari Resources Limited, formerly Straits Asia Resources Limited, is an investment holding company. The Company is principally engaged in the exploration, mining and marketing of coal.

The Company owns two producing mines, both in Indonesia: Sebuku mine on Sebuku Island in South East Kalimantan, and Jembayan mine near Samarinda in East Kalimantan.

Sebuku mine produces single burn thermal coal which it sells primarily to Asian and European power utilities. Jembayan mine covers an area of over 12,000 hectares in East Kalimantan. The Company’s immediate parent company is PTT Asia Pacific Mining Pty Ltd. The Company’s ultimate parent company is PTT Public Company Limited.

	1 Year	3 Years	5 Years
Sales %	29.63	19.94	29.45
EPS %	114.78	13.85	26.26
Dividend %	115.17	13

	Company	Industry	Sector
Sales (MRQ) vs Qtr. 1 Yr. Ago	42.44	23.41	20.58
Sales (TTM) vs TTM 1 Yr. Ago	30.20	0.31	21.09
Sales – 5 Yr. Growth Rate	29.45	11.00	15.13
EPS (MRQ) vs Qtr. 1 Yr. Ago	137.77	51.38	59.26
EPS (TTM) vs TTM 1 Yr. Ago	114.80	–	–
EPS – 5 Yr. Growth Rate	26.26	13.74	9.00
Capital Spending – 5 Yr. Growth Rate	34.80	14.95	16.94

Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Distributed via Kris Newswire: Kris Newswire offers a suite of online engagement tools to help organizations like yours disseminate news, stimulate new revenue streams, win media and consumer attention, Contact Kris Newswire Click Here

 

So low today, time to accumulate.

 

Dividend coming in one months time.

 

 

Energy stocks lead the stocks in US last friday. Looks like it is going to have an impact here too.

 

Sakari Resources - On the cusp of a transformation

 

 

Company Note

 

Sakari Resources [ PDF]

 

On the cusp of a transformation

 

SAR SP / STRL.SI |  OUTPERFORM - Maintained  |  Share Price S$2.43- Tgt. S$2.73

 

Coal Mining  |

 

4Q11 revealed the power of Sebuku’soperating leverage. This was just the start of its structural transformation.Margins will be elevated as the group ramps up production at the NorthernLeases. Ongoing reviews at Jembayan will further boost long-term profitability.Recent changes to Indonesia’s mining rules do not affect SAR. We adjustour FY12-14 EPS (-19% to +7%) on revised volume assumptions and lift ourtarget price on higher forex assumptions, still based on 9.6x FY13 P/E(FY08-09 downturn mean). Maintain Outperform.

CIMB

 

 

Whats going on  ???????? IS IT true ???? good for AJ1  ????????????

news.com.au

March 20, 2012 4:57PM

" Mining magnate Clive Palmer says CIA is behind campaign to kill coal industry

Clive Palmer has unloaded on green groups at a press conference in Brisbane today. Picture: Glenn Barnes Source: The Courier-Mail